FLCB vs RIGS
Franklin US Core Bond ETF vs ALPS Strategic Income Fund
Which is better, FLCB or RIGS?
RIGS has been ahead.
FLCB has a lower expense ratio. RIGS led over 1Y, 3Y, 5Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | FLCB | RIGS |
|---|---|---|
| Expense Ratio | 0.15%Best | 0.46% |
| AUM | $3.1B | $56M |
| Dividend Yield | 4.50% | 5.02% |
| Holdings | 642 | 84 |
| YTD Return | -2.14% | -0.64%Best |
| 1Y Return | -2.11% | -0.44%Best |
| 3Y Return (annualized) | +4.58% | +5.06%Best |
| 5Y Return (annualized) | -0.62% | +1.67%Best |
| Volatility (annualized) | 5.7%Best | 5.8% |
| Max Drawdown | -20.4% | -16.1%Best |
| $10,000 over 5 years | $9,694 | $10,863Best |
| Fund Family | Franklin Templeton Investments (US) | ALPS Advisors |
| Category | Fixed Income | Fixed Income |
| Inception | Sep 17, 2019 | Oct 7, 2013 |
Not shown on this pair: Top 10 Weight, Style.
Volatility and max drawdown are measured over the window both funds cover: Sep 19, 2019 to Oct 14, 2026 (7.1 years).
FLCB vs RIGS growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 7.1 years both funds cover.
FLCB vs RIGS Performance
Franklin US Core Bond ETF (FLCB) is an ETF from Franklin Templeton Investments (US) and ALPS Strategic Income Fund (RIGS) is an ETF from ALPS Advisors. Over the past year FLCB returned -2.11% while RIGS returned -0.44%. Year to date, FLCB is down 2.14% versus a loss of 0.64% for RIGS.
Over three years, FLCB compounded at +4.58% per year against +5.06% for RIGS; over five years the annualized figures are -0.62% and +1.67% respectively. Across the full 7-year window we track, RIGS has the edge at +1.41% annualized vs -0.06%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RIGS has been the more volatile fund, with annualized monthly volatility of 5.8% compared with 5.7% for FLCB. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -20.4% for FLCB and -16.1% for RIGS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FLCB charges 0.15% per year while RIGS charges 0.46%. On a $10,000 position that is $15 vs $46 annually, a gap of $31 per year that compounds over a long holding period. On income, FLCB currently yields 4.50% against 5.02% for RIGS.
Holdings Overlap
We hold position weights for 342 holdings in FLCB and 58 in RIGS, totalling 61.0% and 72.5% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 2 positions appear in both.
2 positions in common, counted across the 342 positions we hold weights for in FLCB and 58 in RIGS, against full books of 642 and 84.
Top Shared Holdings
| Stock | Weight in FLCB | Weight in RIGS | Difference |
|---|---|---|---|
| T 4.75 11/15/43Us Treas Bds 4.75% 11/15/43 | 0.05% | 4.03% | 3.98% |
| CHTR 5.85 12/01/35Charter C 5.85% 12/01/35 | 0.14% | 1.01% | 0.87% |
You are not choosing between two funds in isolation.
Whichever of FLCB and RIGS you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FLCB or RIGS?
FLCB has an expense ratio of 0.15% while RIGS charges 0.46%. FLCB is the cheaper option, by $31 a year on a $10,000 investment.
Which performed better, FLCB or RIGS?
Over the past year FLCB returned -2.11% vs -0.44% for RIGS, so RIGS leads on 1-year performance. Over the longest common window we track (7 years), FLCB annualized -0.06% vs +1.41% for RIGS. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FLCB or RIGS?
RIGS has been the more volatile fund at 5.8% annualized versus 5.7% for FLCB. Worst drawdown: FLCB -20.4% vs RIGS -16.1%.
Should I hold both FLCB and RIGS?
FLCB and RIGS have a monthly-return correlation of 0.72, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, FLCB or RIGS?
FLCB yields 4.50% while RIGS yields 5.02%, so RIGS currently pays the higher dividend yield.
Is RIGS better than FLCB?
FLCB has a lower expense ratio. RIGS led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.