FLCB vs SCEC
Franklin US Core Bond ETF vs Sterling Capital Enhanced Core Bond ETF
Which is better, FLCB or SCEC?
Nearly the same fund. FLCB costs less.
FLCB has a lower expense ratio. FLCB led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.98.
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 | SCEC |
|---|---|---|
| Expense Ratio | 0.15%Best | 0.39% |
| AUM | $3.1B | $604M |
| Dividend Yield | 4.50% | 5.20% |
| Holdings | 642 | 360 |
| YTD Return | -2.14%Best | -6.25% |
| 1Y Return | -2.11%Best | -6.44% |
| 3Y Return (annualized) | +4.58% | - |
| 5Y Return (annualized) | -0.62% | - |
| Volatility (annualized) | 3.8%Best | 4.2% |
| Max Drawdown | -4.7%Best | -7.9% |
| $10,000 over 1.6 years | $10,273Best | $9,796 |
| Fund Family | Franklin Templeton Investments (US) | Sterling Capital Active ETF |
| Category | Fixed Income | Fixed Income |
| Inception | Sep 17, 2019 | Mar 14, 2025 |
Not shown on this pair: Top 10 Weight, Style.
Volatility and max drawdown, and the $10,000 over 1.6 years row, are measured over the window both funds cover: Mar 14, 2025 to Oct 14, 2026 (1.6 years).
FLCB vs SCEC 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 1.6 years both funds cover.
FLCB vs SCEC Performance
Franklin US Core Bond ETF (FLCB) is an ETF from Franklin Templeton Investments (US) and Sterling Capital Enhanced Core Bond ETF (SCEC) is an ETF from Sterling Capital Active ETF. Over the past year FLCB returned -2.11% while SCEC returned -6.44%. Year to date, FLCB is down 2.14% versus a loss of 6.25% for SCEC.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCEC has been the more volatile fund, with annualized monthly volatility of 4.2% compared with 3.8% 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 -4.7% for FLCB and -7.9% for SCEC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
FLCB charges 0.15% per year while SCEC charges 0.39%. On a $10,000 position that is $15 vs $39 annually, a gap of $24 per year that compounds over a long holding period. On income, FLCB currently yields 4.50% against 5.20% for SCEC.
Holdings Overlap
We hold position weights for 342 holdings in FLCB and 178 in SCEC, totalling 61.0% and 40.9% 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, 10 positions appear in both.
10 positions in common, counted across the 342 positions we hold weights for in FLCB and 178 in SCEC, against full books of 642 and 360.
Top Shared Holdings
| Stock | Weight in FLCB | Weight in SCEC | Difference |
|---|---|---|---|
| T 1.375 08/15/50United States Treas Bds 1.375% 08/15/2050 | 1.03% | 2.37% | 1.34% |
| MSC 2016-BNK2 A4Morgan Stanley Capital I Trust 2016-bnk2 | 0.07% | 0.27% | 0.20% |
| WFC V2.879 10/30/30 | 0.27% | 0.04% | 0.23% |
| JPM V5.576 07/23/36Jpmorgan Chase & Co 5.58 07/23/2036 | 0.05% | 0.26% | 0.21% |
| WDSAU 6 05/19/35Woodside Finance Ltd 6% May 19, 2035 | 0.05% | 0.22% | 0.17% |
| IQV 6.25 02/01/29Iqvia Inc 6.25% 01Feb2029 | 0.15% | 0.11% | 0.04% |
| DTMINC 5.8 12/15/34 | 0.10% | 0.14% | 0.04% |
| KHC 5 06/04/42Kraft Heinz Foods Co 5 06/04/2042 | 0.08% | 0.15% | 0.07% |
| BA 5.93 05/01/60Boeing Co Sr Unsecured 05/60 5.93 5.93 2060-05-01 | 0.05% | 0.17% | 0.12% |
| CFCRE 2016-C7 A3Cfcre 2016 C7 Mortgage Trust 3.8385% | 0.05% | 0.06% | 0.01% |
You are not choosing between two funds in isolation.
Whichever of FLCB and SCEC 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 SCEC?
FLCB has an expense ratio of 0.15% while SCEC charges 0.39%. FLCB is the cheaper option, by $24 a year on a $10,000 investment.
Which performed better, FLCB or SCEC?
Over the past year FLCB returned -2.11% vs -6.44% for SCEC, so FLCB leads on 1-year performance. Over the longest common window we track (2 years), FLCB annualized +1.70% vs -1.28% for SCEC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FLCB or SCEC?
SCEC has been the more volatile fund at 4.2% annualized versus 3.8% for FLCB. Worst drawdown: FLCB -4.7% vs SCEC -7.9%.
Should I hold both FLCB and SCEC?
FLCB and SCEC have a monthly-return correlation of 0.98, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, FLCB or SCEC?
FLCB yields 4.50% while SCEC yields 5.20%, so SCEC currently pays the higher dividend yield.
Is SCEC better than FLCB?
FLCB has a lower expense ratio. FLCB led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.98. Which one suits a particular account depends on what it is for. This is information, not a recommendation.