FLCO vs IBMO

Comparison between FRANKLIN INVESTMENT GRADE CORPORATE ETF (FLCO, ETF) and ISHARES IBONDS DEC 2026 TERM MUNI BOND ETF (IBMO, ETF).

5-Year PerformanceIBMO has outperformed FLCO, delivering a return of +0.6% compared to -0.4%

FLCO vs IBMO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FLCO(ETF)	IBMO(ETF)
Net Assets	$587M	$585M
Expense Ratio	0.35%	0.18%
Max Drawdown	28.31%	14.77%
Sharpe Ratio	-0.09	-1.25
5Y Beta	0.11	0.01
5Y Dividends CAGR	1.67%	23.81%

Net Assets

Winner

FLCO

$587M

IBMO

$585M

Expense Ratio

FLCO

0.35%

Winner

IBMO

0.18%

Max Drawdown

FLCO

28.31%

Winner

IBMO

14.77%

Sharpe Ratio

Winner

FLCO

-0.09

IBMO

-1.25

5Y Beta

FLCO

0.11

Winner

IBMO

0.01

5Y Dividends CAGR

FLCO

1.67%

Winner

IBMO

23.81%

FLCO vs IBMO - Historical Returns

Returns include dividend reinvestment.

Period	FLCO	IBMO
1 month	-0.94%	+0.15%
3 months	-0.87%	+0.49%
6 months	-0.51%	+0.92%
1 year	+2.99%	+2.45%
5 years(CAGR)	-0.41%	+0.61%
10 years(CAGR)	+2.03%	N/A
Max(CAGR)	+2.03%	+1.84%

FLCO

-0.94%

Winner

IBMO

+0.15%

FLCO

-0.87%

Winner

IBMO

+0.49%

FLCO

-0.51%

Winner

IBMO

+0.92%

Winner

FLCO

+2.99%

IBMO

+2.45%

5Y(CAGR)

FLCO

-0.41%

Winner

IBMO

+0.61%

10Y(CAGR)

FLCO

+2.03%

IBMO

N/A

Max(CAGR)

Winner

FLCO

+2.03%

IBMO

+1.84%

FLCO vs IBMO - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	FLCO	IBMO
2026	-0.28%	+1.25%
2025	+7.49%	+3.15%
2024	+2.52%	+2.05%
2023	+7.30%	+2.72%
2022	-15.40%	-5.31%
2021	-1.80%	-0.16%
2020	+9.74%	+5.38%
2019	+14.70%	+4.69%
2018	-2.61%	N/A
2017	+6.33%	N/A
2016	-3.09%	N/A

FLCO vs IBMO Drawdown Comparison

The maximum drawdown for FLCO was -22.72%, occurring on Oct 20, 2022. This drawdown has not yet recovered.

The maximum drawdown for IBMO was -14.77%, occurring on Mar 20, 2020. Recovery took 88 trading sessions.

The current FLCO drawdown is -3.17%. The current IBMO drawdown is -0.10%.

Rank	FLCO	IBMO
#1	-22.72% Dec 31, 2020 - Oct 20, 2022	-14.77% Mar 9, 2020 - Jul 14, 2020
#2	-18.62% Mar 6, 2020 - Jun 16, 2020	-8.91% Feb 12, 2021 - Jun 20, 2025
#3	-4.76% Dec 14, 2017 - Mar 8, 2019	-2.02% Aug 16, 2019 - Jan 13, 2020
#4	-4.15% Oct 5, 2016 - Jun 2, 2017	-0.73% Aug 7, 2020 - Nov 17, 2020
#5	-2.74% Aug 6, 2020 - Nov 30, 2020	-0.39% Jan 31, 2020 - Feb 20, 2020
#6	-2.41% Aug 28, 2019 - Oct 4, 2019	-0.38% Sep 15, 2025 - Nov 17, 2025
#7	-1.55% Oct 4, 2019 - Nov 26, 2019	-0.32% Jan 5, 2021 - Jan 27, 2021
#8	-1.05% Jun 30, 2017 - Jul 20, 2017	-0.29% Dec 24, 2025 - Jan 21, 2026
#9	-1.03% Jul 3, 2019 - Aug 1, 2019	-0.26% Apr 10, 2019 - Apr 24, 2019
#10	-0.96% Feb 28, 2020 - Mar 4, 2020	-0.25% Aug 12, 2019 - Aug 14, 2019
#11	-0.83% Oct 13, 2017 - Nov 30, 2017	-0.20% Jun 3, 2019 - Jun 18, 2019
#12	-0.66% Jun 22, 2020 - Jun 29, 2020	-0.18% Jul 17, 2026 - Jul 20, 2026
#13	-0.62% Dec 3, 2020 - Dec 28, 2020	-0.18% Jul 2, 2019 - Jul 9, 2019
#14	-0.56% Sep 8, 2017 - Sep 25, 2017	-0.16% Feb 26, 2026 - Mar 13, 2026
#15	-0.55% Jan 31, 2020 - Feb 10, 2020	-0.16% Apr 4, 2019 - Apr 10, 2019

Correlation

Correlation between FLCO and IBMO is 0.85 which considered as a strong positive correlation - the stocks tend to move together.

0.85

-101

Dividend Comparison (2016 - 2026)

FLCO vs IBMO dividend yield comparison.

Year	FLCO	IBMO
2026	2.29%	1.20%
2025	4.60%	2.37%
2024	4.63%	2.15%
2023	3.83%	1.65%
2022	3.85%	0.89%
2021	2.85%	0.62%
2020	3.99%	1.03%
2019	3.39%	1.01%
2018	3.86%	0.00%
2017	3.33%	0.00%
2016	0.51%	0.00%