FLCB vs VRP

Comparison between FRANKLIN U.S. CORE BOND ETF (FLCB, ETF) and INVESCO VARIABLE RATE PREFERRED ETF (VRP, ETF).

5-Year PerformanceVRP has outperformed FLCB, delivering a return of +4.3% compared to -0.1%

FLCB vs VRP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FLCB(ETF)	VRP(ETF)
Net Assets	$2.90B	$2.90B
Expense Ratio	0.15%	0.50%
Max Drawdown	25.03%	46.22%
Sharpe Ratio	0.30	0.94
5Y Beta	0.03	0.15
5Y Dividends CAGR	4.10%	8.33%

Net Assets

FLCB

$2.90B

VRP

$2.90B

Expense Ratio

Winner

FLCB

0.15%

VRP

0.50%

Max Drawdown

Winner

FLCB

25.03%

VRP

46.22%

Sharpe Ratio

FLCB

0.30

Winner

VRP

0.94

5Y Beta

Winner

FLCB

0.03

VRP

0.15

5Y Dividends CAGR

FLCB

4.10%

Winner

VRP

8.33%

FLCB vs VRP - Historical Returns

Returns include dividend reinvestment.

Period	FLCB	VRP
1 month	+0.40%	+0.33%
3 months	+0.50%	+1.76%
6 months	+0.90%	+2.65%
1 year	+4.49%	+6.51%
5 years(CAGR)	-0.06%	+4.34%
10 years(CAGR)	N/A	+5.23%
Max(CAGR)	+0.92%	+5.09%

Winner

FLCB

+0.40%

VRP

+0.33%

FLCB

+0.50%

Winner

VRP

+1.76%

FLCB

+0.90%

Winner

VRP

+2.65%

FLCB

+4.49%

Winner

VRP

+6.51%

5Y(CAGR)

FLCB

-0.06%

Winner

VRP

+4.34%

10Y(CAGR)

FLCB

N/A

VRP

+5.23%

Max(CAGR)

FLCB

+0.92%

Winner

VRP

+5.09%

FLCB vs VRP - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	FLCB	VRP
2026	+0.55%	+1.98%
2025	+7.05%	+7.07%
2024	+1.91%	+11.29%
2023	+5.25%	+10.49%
2022	-13.04%	-9.00%
2021	-1.71%	+4.93%
2020	+7.47%	+4.79%
2019	+0.74%	+18.32%
2018	N/A	-6.37%
2017	N/A	+8.94%
2016	N/A	+6.93%
2015	N/A	+2.65%
2014	N/A	+1.81%

FLCB vs VRP Drawdown Comparison

The maximum drawdown for FLCB was -18.82%, occurring on Oct 24, 2022. This drawdown has not yet recovered.

The maximum drawdown for VRP was -46.04%, occurring on Mar 18, 2020. Recovery took 193 trading sessions.

The current FLCB drawdown is -2.14%. The current VRP drawdown is -0.04%.

Rank	FLCB	VRP
#1	-18.82% Aug 4, 2020 - Oct 24, 2022	-46.04% Feb 12, 2020 - Nov 16, 2020
#2	-7.13% Mar 9, 2020 - May 29, 2020	-13.76% Sep 22, 2021 - Jan 10, 2024
#3	-1.47% Oct 4, 2019 - Jan 14, 2020	-9.04% Aug 31, 2018 - Mar 1, 2019
#4	-0.73% May 29, 2020 - Jun 10, 2020	-7.54% Apr 24, 2015 - Apr 22, 2016
#5	-0.59% Jun 29, 2020 - Jul 7, 2020	-5.38% Sep 6, 2016 - Feb 7, 2017
#6	-0.53% Jun 19, 2020 - Jun 26, 2020	-4.26% Feb 28, 2025 - May 16, 2025
#7	-0.45% Jan 31, 2020 - Feb 18, 2020	-2.89% Feb 24, 2026 - Apr 20, 2026
#8	-0.44% Sep 24, 2019 - Oct 2, 2019	-2.43% Oct 23, 2017 - Aug 31, 2018
#9	-0.38% Jun 16, 2020 - Jun 19, 2020	-1.88% Jul 18, 2024 - Aug 15, 2024
#10	-0.31% Jun 11, 2020 - Jun 16, 2020	-1.72% Mar 22, 2024 - May 2, 2024
#11	-0.28% Feb 25, 2020 - Feb 28, 2020	-1.71% Aug 29, 2014 - Jan 26, 2015
#12	-0.21% Jul 8, 2020 - Jul 14, 2020	-1.67% Feb 9, 2021 - Mar 31, 2021
#13	-0.15% Jul 30, 2020 - Aug 4, 2020	-1.55% Jan 3, 2025 - Feb 5, 2025
#14	-0.14% Jul 23, 2020 - Jul 28, 2020	-1.41% Feb 27, 2017 - Mar 30, 2017
#15	-0.12% Jan 15, 2020 - Jan 21, 2020	-1.41% Aug 3, 2017 - Oct 23, 2017

Correlation

Correlation between FLCB and VRP is 0.27 which considered as a very weak or no correlation - the stocks move independently of each other.

0.27

-101

Dividend Comparison (2014 - 2026)

FLCB vs VRP dividend yield comparison.

Year	FLCB	VRP
2026	1.80%	2.00%
2025	4.19%	6.53%
2024	4.10%	5.78%
2023	3.40%	6.61%
2022	2.73%	5.38%
2021	2.28%	4.25%
2020	3.24%	4.17%
2019	0.72%	4.71%
2018	0.00%	5.28%
2017	0.00%	4.69%
2016	0.00%	5.10%
2015	0.00%	5.02%
2014	0.00%	3.04%