FLCO vs MMT

Comparison between FRANKLIN INVESTMENT GRADE CORPORATE ETF (FLCO, ETF) and MFS Multimarket Income Trust (MMT, ETF).

5-Year PerformanceMMT has outperformed FLCO, delivering a return of +1.5% compared to -0.4%

FLCO vs MMT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FLCO(ETF)	MMT(ETF)
Net Assets	$555M	$554M
Expense Ratio	0.35%	N/A
Max Drawdown	28.31%	47.46%
Sharpe Ratio	-0.38	-0.03
5Y Beta	0.11	0.21
5Y Dividends CAGR	0.54%	-3.84%

Net Assets

Winner

FLCO

$555M

MMT

$554M

Expense Ratio

FLCO

0.35%

MMT

N/A

Max Drawdown

Winner

FLCO

28.31%

MMT

47.46%

Sharpe Ratio

FLCO

-0.38

Winner

MMT

-0.03

5Y Beta

Winner

FLCO

0.11

MMT

0.21

5Y Dividends CAGR

Winner

FLCO

0.54%

MMT

-3.84%

FLCO vs MMT - Historical Returns

Returns include dividend reinvestment.

Period	FLCO	MMT
1 month	+0.36%	+2.77%
3 months	-0.37%	+0.76%
6 months	-1.77%	-1.17%
1 year	+1.64%	+2.28%
5 years(CAGR)	-0.43%	+1.52%
10 years(CAGR)	+2.00%	+5.41%
Max(CAGR)	+2.00%	+7.16%

FLCO

+0.36%

Winner

MMT

+2.77%

FLCO

-0.37%

Winner

MMT

+0.76%

FLCO

-1.77%

Winner

MMT

-1.17%

FLCO

+1.64%

Winner

MMT

+2.28%

5Y(CAGR)

FLCO

-0.43%

Winner

MMT

+1.52%

10Y(CAGR)

FLCO

+2.00%

Winner

MMT

+5.41%

Max(CAGR)

FLCO

+2.00%

Winner

MMT

+7.16%

FLCO vs MMT - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	FLCO	MMT
2026	-0.34%	+1.11%
2025	+7.49%	+8.77%
2024	+2.52%	+11.92%
2023	+7.30%	+8.43%
2022	-15.40%	-23.19%
2021	-1.80%	+12.74%
2020	+9.74%	+7.95%
2019	+14.70%	+27.56%
2018	-2.61%	-8.90%
2017	+6.33%	+8.94%
2016	-3.09%	+21.48%
2015	N/A	-7.81%
2014	N/A	+6.24%
2013	N/A	-1.77%
2012	N/A	+14.21%
2011	N/A	+4.59%
2010	N/A	+15.86%
2009	N/A	+40.61%
2008	N/A	-10.52%
2007	N/A	+1.88%
2006	N/A	+7.10%
2005	N/A	+0.99%
2004	N/A	+6.72%
2003	N/A	+14.85%
2002	N/A	+5.64%
2001	N/A	+2.57%
2000	N/A	+22.97%
1999	N/A	-6.76%

FLCO vs MMT 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 MMT was -35.71%, occurring on Mar 18, 2020. Recovery took 154 trading sessions.

The current FLCO drawdown is -3.23%. The current MMT drawdown is -2.75%.

Rank	FLCO	MMT
#1	-22.72% Dec 31, 2020 - Oct 20, 2022	-35.71% Jan 23, 2020 - Sep 1, 2020
#2	-18.62% Mar 6, 2020 - Jun 16, 2020	-32.27% Dec 17, 2021 - Sep 3, 2025
#3	-4.76% Dec 14, 2017 - Mar 8, 2019	-31.74% May 9, 2008 - Apr 29, 2009
#4	-4.15% Oct 5, 2016 - Jun 2, 2017	-16.73% May 1, 2013 - Jun 1, 2015
#5	-2.74% Aug 6, 2020 - Nov 30, 2020	-14.72% Jul 17, 2001 - Apr 24, 2002
#6	-2.41% Aug 28, 2019 - Oct 4, 2019	-13.23% Jun 1, 2015 - May 25, 2016
#7	-1.55% Oct 4, 2019 - Nov 26, 2019	-11.47% Mar 17, 2004 - Sep 15, 2004
#8	-1.05% Jun 30, 2017 - Jul 20, 2017	-11.27% Jul 11, 2011 - Dec 5, 2011
#9	-1.03% Jul 3, 2019 - Aug 1, 2019	-10.50% Jan 2, 2018 - Jan 30, 2019
#10	-0.96% Feb 28, 2020 - Mar 4, 2020	-8.72% Jun 6, 2002 - Jan 9, 2003
#11	-0.83% Oct 13, 2017 - Nov 30, 2017	-8.52% May 3, 2010 - Jul 16, 2010
#12	-0.66% Jun 22, 2020 - Jun 29, 2020	-7.69% Sep 8, 2016 - Jan 10, 2017
#13	-0.62% Dec 3, 2020 - Dec 28, 2020	-7.68% Nov 2, 1999 - Feb 3, 2000
#14	-0.56% Sep 8, 2017 - Sep 25, 2017	-7.62% Aug 22, 2000 - Dec 18, 2000
#15	-0.55% Jan 31, 2020 - Feb 10, 2020	-7.62% Sep 27, 2005 - Oct 4, 2006

Correlation

Correlation between FLCO and MMT is 0.86 which considered as a strong positive correlation - the stocks tend to move together.

0.86

-101

Dividend Comparison (1999 - 2026)

FLCO vs MMT dividend yield comparison.

Year	FLCO	MMT
2026	2.76%	6.35%
2025	4.60%	8.65%
2024	4.63%	8.65%
2023	3.83%	8.65%
2022	3.85%	9.38%
2021	2.85%	7.86%
2020	3.99%	8.07%
2019	3.39%	8.16%
2018	3.86%	9.86%
2017	3.33%	8.82%
2016	0.51%	8.71%
2015	0.00%	9.05%
2014	0.00%	7.76%
2013	0.00%	8.89%
2012	0.00%	6.77%
2011	0.00%	7.91%
2010	0.00%	8.70%
2009	0.00%	7.35%
2008	0.00%	8.86%
2007	0.00%	6.45%
2006	0.00%	6.11%
2005	0.00%	6.45%
2004	0.00%	6.19%
2003	0.00%	6.33%
2002	0.00%	7.06%
2001	0.00%	8.76%
2000	0.00%	9.66%
1999	0.00%	1.82%