FTF vs PBE

Comparison between Franklin Ltd Duration Income Trust (FTF, ETF) and INVESCO BIOTECHNOLOGY & GENOME ETF (PBE, ETF).

5-Year PerformanceFTF has outperformed PBE, delivering a return of +2.1% compared to +2.0%

FTF vs PBE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FTF(ETF)	PBE(ETF)
Net Assets	$260M	$259M
Expense Ratio	N/A	0.58%
Max Drawdown	63.23%	45.69%
Sharpe Ratio	-0.25	1.35
5Y Beta	0.29	0.76
P/E Ratio	N/A	36.34
Forward P/E	N/A	19.88
5Y Dividends CAGR	-4.40%	98.81%
5Y EPS CAGR	N/A	12.51%
Debt to Equity	N/A	54.69%
P/S Ratio	N/A	5.10
P/B Ratio	N/A	4.58

Net Assets

Winner

FTF

$260M

PBE

$259M

Expense Ratio

FTF

N/A

PBE

0.58%

Max Drawdown

FTF

63.23%

Winner

PBE

45.69%

Sharpe Ratio

FTF

-0.25

Winner

PBE

1.35

5Y Beta

Winner

FTF

0.29

PBE

0.76

P/E Ratio

FTF

N/A

PBE

36.34

Forward P/E

FTF

N/A

PBE

19.88

5Y Dividends CAGR

FTF

-4.40%

Winner

PBE

98.81%

5Y EPS CAGR

FTF

N/A

PBE

12.51%

Debt to Equity

FTF

N/A

PBE

54.69%

P/S Ratio

FTF

N/A

PBE

5.10

P/B Ratio

FTF

N/A

PBE

4.58

FTF vs PBE - Historical Returns

Returns include dividend reinvestment.

Period	FTF	PBE
1 month	-1.16%	+1.34%
3 months	+0.59%	+10.51%
6 months	+1.09%	+5.02%
1 year	+1.34%	+31.39%
5 years(CAGR)	+2.10%	+1.98%
10 years(CAGR)	+3.70%	+8.47%
Max(CAGR)	+4.92%	+8.90%

FTF

-1.16%

Winner

PBE

+1.34%

FTF

+0.59%

Winner

PBE

+10.51%

FTF

+1.09%

Winner

PBE

+5.02%

FTF

+1.34%

Winner

PBE

+31.39%

5Y(CAGR)

Winner

FTF

+2.10%

PBE

+1.98%

10Y(CAGR)

FTF

+3.70%

Winner

PBE

+8.47%

Max(CAGR)

FTF

+4.92%

Winner

PBE

+8.90%

FTF vs PBE - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

Year	FTF	PBE
2026	-1.07%	+2.24%
2025	+4.80%	+23.76%
2024	+17.84%	-0.05%
2023	+12.41%	+4.60%
2022	-22.54%	-11.11%
2021	+8.60%	+1.21%
2020	+9.26%	+25.68%
2019	+17.39%	+18.35%
2018	-14.85%	-2.62%
2017	+9.32%	+20.54%
2016	+20.34%	-20.66%
2015	-5.63%	+1.36%
2014	+0.29%	+36.45%
2013	-6.21%	+57.53%
2012	+17.68%	+13.17%
2011	+8.07%	-7.24%
2010	+18.35%	+29.99%
2009	+52.93%	+19.16%
2008	-20.82%	-25.84%
2007	-7.48%	+6.24%
2006	+17.38%	+0.45%
2005	-8.66%	+17.45%
2004	+8.08%	N/A
2003	-1.02%	N/A

FTF vs PBE Drawdown Comparison

The maximum drawdown for FTF was -51.16%, occurring on Nov 21, 2008. Recovery took 587 trading sessions.

The maximum drawdown for PBE was -45.69%, occurring on Mar 9, 2009. Recovery took 644 trading sessions.

The current FTF drawdown is -3.06%. The current PBE drawdown is -1.80%.

Rank	FTF	PBE
#1	-51.16% May 31, 2007 - Sep 28, 2009	-45.69% Oct 15, 2007 - May 6, 2010
#2	-36.64% Aug 28, 2018 - Dec 18, 2020	-44.56% Jul 17, 2015 - Jul 20, 2020
#3	-28.55% Dec 28, 2021 - Sep 16, 2024	-37.84% Feb 8, 2021 - Nov 26, 2025
#4	-20.46% Feb 19, 2013 - Oct 21, 2016	-35.71% May 6, 2010 - Apr 2, 2013
#5	-17.04% Jul 8, 2011 - Mar 27, 2012	-21.12% Feb 27, 2006 - Apr 23, 2007
#6	-15.13% Mar 7, 2005 - Sep 15, 2006	-18.86% Feb 24, 2014 - Aug 25, 2014
#7	-14.73% Apr 29, 2010 - Sep 29, 2010	-14.38% Jul 20, 2020 - Nov 27, 2020
#8	-11.70% Mar 17, 2004 - Sep 3, 2004	-11.73% Jan 7, 2026 - Mar 27, 2026
#9	-11.58% Feb 19, 2025 - Jul 1, 2025	-10.65% Mar 19, 2015 - Jun 18, 2015
#10	-10.83% Oct 1, 2012 - Jan 2, 2013	-10.08% Sep 12, 2005 - Nov 17, 2005
#11	-8.82% May 24, 2012 - Jun 27, 2012	-9.07% Apr 25, 2007 - Sep 26, 2007
#12	-7.52% Oct 26, 2010 - Feb 11, 2011	-8.60% Aug 29, 2014 - Oct 23, 2014
#13	-6.54% Feb 10, 2026 - Mar 27, 2026	-7.84% May 28, 2013 - Jul 5, 2013
#14	-6.32% Sep 29, 2009 - Dec 14, 2009	-7.21% Nov 29, 2013 - Jan 7, 2014
#15	-6.09% Jan 26, 2018 - Aug 22, 2018	-6.59% Oct 2, 2013 - Oct 24, 2013

Correlation

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

0.91

-101

Dividend Comparison (2003 - 2026)

FTF vs PBE dividend yield comparison.

Year	FTF	PBE
2026	5.31%	0.10%
2025	12.00%	1.00%
2024	11.13%	0.05%
2023	11.41%	0.02%
2022	12.62%	0.00%
2021	10.26%	0.00%
2020	9.50%	0.04%
2019	10.73%	0.00%
2018	12.37%	0.00%
2017	10.86%	0.57%
2016	6.56%	0.38%
2015	6.94%	1.12%
2014	7.05%	0.55%
2013	6.90%	0.00%
2012	6.35%	0.00%
2011	7.73%	0.00%
2010	7.84%	0.00%
2009	7.95%	0.45%
2008	11.27%	0.00%
2007	8.71%	0.00%
2006	7.83%	0.00%
2005	9.04%	0.00%
2004	8.11%	0.00%
2003	2.03%	0.00%