FLUD vs GHY

Comparison between FRANKLIN ULTRA SHORT BOND ETF (FLUD, ETF) and PGIM Global High Yield Fund Inc (GHY, ETF).

5-Year PerformanceGHY has outperformed FLUD, delivering a return of +5.1% compared to +3.7%

FLUD vs GHY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FLUD(ETF)	GHY(ETF)
Net Assets	$532M	$531M
Expense Ratio	0.15%	N/A
Max Drawdown	2.89%	55.57%
Sharpe Ratio	0.32	-0.01
5Y Beta	-0.00	0.43
5Y Dividends CAGR	23.82%	1.61%

Net Assets

Winner

FLUD

$532M

GHY

$531M

Expense Ratio

FLUD

0.15%

GHY

N/A

Max Drawdown

Winner

FLUD

2.89%

GHY

55.57%

Sharpe Ratio

Winner

FLUD

0.32

GHY

-0.01

5Y Beta

Winner

FLUD

-0.00

GHY

0.43

5Y Dividends CAGR

Winner

FLUD

23.82%

GHY

1.61%

FLUD vs GHY - Historical Returns

Returns include dividend reinvestment.

Period	FLUD	GHY
1 month	+0.33%	+1.99%
3 months	+0.87%	+2.06%
6 months	+1.66%	-1.66%
1 year	+4.21%	+2.55%
5 years(CAGR)	+3.71%	+5.10%
10 years(CAGR)	N/A	+6.97%
Max(CAGR)	+3.25%	+5.59%

FLUD

+0.33%

Winner

GHY

+1.99%

FLUD

+0.87%

Winner

GHY

+2.06%

Winner

FLUD

+1.66%

GHY

-1.66%

Winner

FLUD

+4.21%

GHY

+2.55%

5Y(CAGR)

FLUD

+3.71%

Winner

GHY

+5.10%

10Y(CAGR)

FLUD

N/A

GHY

+6.97%

Max(CAGR)

FLUD

+3.25%

Winner

GHY

+5.59%

FLUD vs GHY - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	FLUD	GHY
2026	+1.83%	+1.76%
2025	+5.04%	+8.75%
2024	+5.42%	+18.99%
2023	+5.96%	+16.12%
2022	+0.18%	-19.80%
2021	+0.07%	+13.81%
2020	+0.77%	+6.26%
2019	N/A	+25.23%
2018	N/A	-4.14%
2017	N/A	+4.57%
2016	N/A	+14.99%
2015	N/A	-2.05%
2014	N/A	+1.79%
2013	N/A	-5.63%
2012	N/A	+0.20%

FLUD vs GHY Drawdown Comparison

The maximum drawdown for FLUD was -1.66%, occurring on Jun 14, 2022. Recovery took 349 trading sessions.

The maximum drawdown for GHY was -41.30%, occurring on Mar 23, 2020. Recovery took 200 trading sessions.

The current FLUD drawdown is -0.02%. The current GHY drawdown is -3.44%.

Rank	FLUD	GHY
#1	-1.66% Aug 24, 2021 - Jan 12, 2023	-41.30% Feb 19, 2020 - Dec 2, 2020
#2	-0.65% Mar 13, 2023 - Apr 11, 2023	-29.44% Sep 13, 2021 - Jun 12, 2024
#3	-0.59% Nov 25, 2024 - Jan 15, 2025	-16.36% Mar 25, 2025 - Jun 12, 2025
#4	-0.44% Oct 17, 2025 - Nov 18, 2025	-14.81% Jun 17, 2014 - Jun 6, 2016
#5	-0.40% Oct 7, 2024 - Oct 15, 2024	-13.72% Jan 16, 2013 - Jun 13, 2014
#6	-0.36% Feb 5, 2021 - Jun 24, 2021	-11.93% Feb 13, 2026 - Mar 30, 2026
#7	-0.31% Aug 8, 2025 - Aug 19, 2025	-7.87% Jul 9, 2025 - Feb 12, 2026
#8	-0.30% Sep 25, 2024 - Oct 1, 2024	-7.75% Oct 11, 2017 - Jan 30, 2019
#9	-0.30% Sep 19, 2024 - Sep 23, 2024	-6.76% Aug 31, 2016 - Jan 11, 2017
#10	-0.30% Mar 25, 2026 - Apr 1, 2026	-4.13% Jun 30, 2021 - Aug 5, 2021
#11	-0.29% Sep 5, 2025 - Sep 11, 2025	-4.05% Nov 8, 2024 - Nov 22, 2024
#12	-0.28% Jun 6, 2024 - Jun 25, 2024	-3.80% Dec 6, 2024 - Jan 6, 2025
#13	-0.28% Apr 4, 2025 - Apr 22, 2025	-3.64% Jul 18, 2019 - Sep 12, 2019
#14	-0.27% Aug 7, 2024 - Aug 26, 2024	-3.46% Jan 27, 2025 - Feb 5, 2025
#15	-0.26% Sep 22, 2025 - Oct 7, 2025	-3.19% Jun 20, 2016 - Jul 14, 2016

Correlation

Correlation between FLUD and GHY is 0.91 which considered as a very strong positive correlation - the stocks move almost identically together.

0.91

-101

Dividend Comparison (2013 - 2026)

FLUD vs GHY dividend yield comparison.

Year	FLUD	GHY
2026	1.83%	5.28%
2025	4.51%	10.21%
2024	4.97%	10.23%
2023	4.72%	11.09%
2022	1.39%	11.62%
2021	0.92%	8.35%
2020	0.93%	8.67%
2019	0.00%	8.04%
2018	0.00%	7.72%
2017	0.00%	7.77%
2016	0.00%	8.53%
2015	0.00%	10.07%
2014	0.00%	11.02%
2013	0.00%	8.65%