FLBL vs PHK

Comparison between FRANKLIN SENIOR LOAN ETF (FLBL, ETF) and Pimco High Income Fund (PHK, ETF).

5-Year PerformanceFLBL has outperformed PHK, delivering a return of +5.5% compared to +3.7%

FLBL vs PHK - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FLBL(ETF)	PHK(ETF)
Net Assets	$847M	$848M
Expense Ratio	0.45%	N/A
Max Drawdown	20.64%	80.92%
Sharpe Ratio	-0.53	0.54
5Y Beta	0.12	0.27
5Y Dividends CAGR	20.22%	0.00%

Net Assets

FLBL

$847M

Winner

PHK

$848M

Expense Ratio

FLBL

0.45%

PHK

N/A

Max Drawdown

Winner

FLBL

20.64%

PHK

80.92%

Sharpe Ratio

FLBL

-0.53

Winner

PHK

0.54

5Y Beta

Winner

FLBL

0.12

PHK

0.27

5Y Dividends CAGR

Winner

FLBL

20.22%

PHK

0.00%

FLBL vs PHK - Historical Returns

Returns include dividend reinvestment.

Period	FLBL	PHK
1 month	+1.21%	+3.93%
3 months	+1.59%	+3.17%
6 months	+1.82%	+0.50%
1 year	+2.27%	+9.70%
5 years(CAGR)	+5.49%	+3.69%
10 years(CAGR)	+4.62%	+3.71%
Max(CAGR)	+4.62%	+7.47%

FLBL

+1.21%

Winner

PHK

+3.93%

FLBL

+1.59%

Winner

PHK

+3.17%

Winner

FLBL

+1.82%

PHK

+0.50%

FLBL

+2.27%

Winner

PHK

+9.70%

5Y(CAGR)

Winner

FLBL

+5.49%

PHK

+3.69%

10Y(CAGR)

Winner

FLBL

+4.62%

PHK

+3.71%

Max(CAGR)

FLBL

+4.62%

Winner

PHK

+7.47%

FLBL vs PHK - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

Year	FLBL	PHK
2026	+1.99%	+2.52%
2025	+3.52%	+11.70%
2024	+8.34%	+9.25%
2023	+14.69%	+17.04%
2022	-2.69%	-15.74%
2021	+4.70%	+10.66%
2020	+2.04%	-10.14%
2019	+7.54%	+3.58%
2018	-1.63%	+21.06%
2017	N/A	-10.22%
2016	N/A	+26.69%
2015	N/A	-18.60%
2014	N/A	+7.63%
2013	N/A	+18.45%
2012	N/A	-2.52%
2011	N/A	+5.06%
2010	N/A	+40.05%
2009	N/A	+109.30%
2008	N/A	-48.02%
2007	N/A	-9.90%
2006	N/A	+21.48%
2005	N/A	+7.69%
2004	N/A	+13.66%
2003	N/A	+6.22%

FLBL vs PHK Drawdown Comparison

The maximum drawdown for FLBL was -19.52%, occurring on Mar 23, 2020. Recovery took 204 trading sessions.

The maximum drawdown for PHK was -75.29%, occurring on Nov 21, 2008. Recovery took 601 trading sessions.

The current PHK drawdown is -1.06%.

Rank	FLBL	PHK
#1	-19.52% Jan 22, 2020 - Nov 10, 2020	-75.29% Jun 5, 2007 - Oct 21, 2009
#2	-6.81% Jan 14, 2022 - Jan 20, 2023	-51.25% Mar 21, 2019 - Oct 1, 2024
#3	-3.91% Feb 18, 2025 - May 9, 2025	-41.07% Apr 6, 2015 - Jan 26, 2017
#4	-3.77% Nov 15, 2018 - Feb 19, 2019	-27.24% Oct 5, 2012 - Jan 21, 2014
#5	-3.18% Jan 23, 2026 - May 12, 2026	-22.66% Jun 3, 2011 - Jun 8, 2012
#6	-2.35% Feb 7, 2023 - Apr 5, 2023	-18.66% Feb 1, 2017 - Jun 22, 2018
#7	-2.14% Feb 26, 2021 - Jun 21, 2021	-17.25% Dec 28, 2009 - Mar 29, 2010
#8	-1.65% Sep 17, 2025 - Jan 23, 2026	-16.42% Apr 12, 2010 - Jul 20, 2010
#9	-1.36% Apr 13, 2023 - Jun 12, 2023	-16.42% Jul 9, 2014 - Mar 5, 2015
#10	-1.04% Nov 16, 2021 - Dec 30, 2021	-13.48% Jan 13, 2004 - Aug 25, 2004
#11	-1.00% Sep 18, 2023 - Oct 19, 2023	-12.90% Sep 13, 2018 - Feb 4, 2019
#12	-0.86% Jul 30, 2024 - Aug 15, 2024	-10.64% Nov 8, 2010 - Feb 2, 2011
#13	-0.80% Jun 21, 2021 - Aug 27, 2021	-10.34% May 19, 2003 - Nov 3, 2003
#14	-0.78% Feb 24, 2021 - Feb 26, 2021	-9.65% Aug 9, 2010 - Oct 28, 2010
#15	-0.72% Mar 21, 2019 - Apr 10, 2019	-9.59% Mar 26, 2025 - Jun 10, 2025

Correlation

Correlation between FLBL and PHK is 0.76 which considered as a strong positive correlation - the stocks tend to move together.

0.76

-101

Dividend Comparison (2003 - 2026)

FLBL vs PHK dividend yield comparison.

Year	FLBL	PHK
2026	3.60%	7.21%
2025	7.24%	11.85%
2024	8.05%	11.85%
2023	8.37%	11.54%
2022	5.53%	12.18%
2021	3.57%	9.37%
2020	3.22%	10.62%
2019	3.97%	10.57%
2018	2.21%	12.09%
2017	0.00%	13.29%
2016	0.00%	13.54%
2015	0.00%	16.98%
2014	0.00%	13.00%
2013	0.00%	12.56%
2012	0.00%	13.96%
2011	0.00%	12.17%
2010	0.00%	11.51%
2009	0.00%	13.48%
2008	0.00%	26.45%
2007	0.00%	21.63%
2006	0.00%	11.23%
2005	0.00%	10.27%
2004	0.00%	13.14%
2003	0.00%	5.68%