FLCB vs TOTR
Franklin US Core Bond ETF vs T. Rowe Price Total Return ETF
Which is better, FLCB or TOTR?
Nearly the same fund. FLCB costs less.
FLCB has a lower expense ratio. FLCB led over 5Y and the full window, TOTR over 1Y and 3Y. The two have moved almost in lockstep, correlation 0.99.
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 | TOTR |
|---|---|---|
| Expense Ratio | 0.15%Best | 0.31% |
| AUM | $3.1B | $566M |
| Dividend Yield | 4.50% | 5.48% |
| Holdings | 642 | 1,222 |
| YTD Return | -2.14%Best | -2.17% |
| 1Y Return | -2.11% | -1.73%Best |
| 3Y Return (annualized) | +4.58% | +5.04%Best |
| 5Y Return (annualized) | -0.62%Best | -0.85% |
| Volatility (annualized) | 6.3%Best | 6.6% |
| Max Drawdown | -17.9%Best | -19.6% |
| $10,000 over 5 years | $9,694Best | $9,582 |
| Fund Family | Franklin Templeton Investments (US) | T.Rowe Price |
| Category | Fixed Income | Fixed Income |
| Inception | Sep 17, 2019 | Sep 28, 2021 |
Not shown on this pair: Top 10 Weight, Style.
Volatility and max drawdown are measured over the window both funds cover: Sep 29, 2021 to Oct 14, 2026 (5 years).
FLCB vs TOTR 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 5 years both funds cover.
FLCB vs TOTR Performance
Franklin US Core Bond ETF (FLCB) is an ETF from Franklin Templeton Investments (US) and T. Rowe Price Total Return ETF (TOTR) is an ETF from T.Rowe Price. Over the past year FLCB returned -2.11% while TOTR returned -1.73%. Year to date, FLCB is down 2.14% versus a loss of 2.17% for TOTR.
Over three years, FLCB compounded at +4.58% per year against +5.04% for TOTR; over five years the annualized figures are -0.62% and -0.85% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TOTR has been the more volatile fund, with annualized monthly volatility of 6.6% compared with 6.3% 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 -17.9% for FLCB and -19.6% for TOTR. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.99. 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 TOTR charges 0.31%. On a $10,000 position that is $15 vs $31 annually, a gap of $16 per year that compounds over a long holding period. On income, FLCB currently yields 4.50% against 5.48% for TOTR.
Holdings Overlap
We hold position weights for 342 holdings in FLCB and 522 in TOTR, totalling 61.0% and 55.1% 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, 21 positions appear in both.
21 positions in common, counted across the 342 positions we hold weights for in FLCB and 522 in TOTR, against full books of 642 and 1,222.
Top Shared Holdings
| Stock | Weight in FLCB | Weight in TOTR | Difference |
|---|---|---|---|
| FNCL 5.5 10/11Fannie Mae Or Freddie Mac 2050-10-01 | 2.03% | 0.86% | 1.17% |
| FNCL 6 10/11Fannie Mae Or Freddie Mac 6 | 1.80% | 0.77% | 1.03% |
| FNCL 2 10/13Fncl 2 10/20 Fncl 2 10/20 2.0% 10/01/2050 | 0.88% | 0.91% | 0.03% |
| FNCL 5 10/11Fncl 5 10/26 | 1.70% | 0.05% | 1.65% |
| FNCL 2.5 10/11Fannie Mae Or Freddie Mac 2.5 | 0.88% | 0.78% | 0.10% |
| FNCL 3.5 10/11Fnma Tba 10/01/2049 | 1.10% | 0.25% | 0.85% |
| T 4.25 02/15/54U.S. Treasury Bonds 2054-02-15 | 0.28% | 0.76% | 0.48% |
| T 4.75 08/15/55Wi Treasury Sec 08/55 4.75 | 0.91% | 0.06% | 0.85% |
| T 4.125 08/15/53Treasury Bond 4 08/15/2053 | 0.36% | 0.36% | 0.00% |
| T 3.625 02/15/53Us Treasury N/B 3.625 02/15/2053 | 0.37% | 0.00% | 0.37% |
You are not choosing between two funds in isolation.
Whichever of FLCB and TOTR 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 TOTR?
FLCB has an expense ratio of 0.15% while TOTR charges 0.31%. FLCB is the cheaper option, by $16 a year on a $10,000 investment.
Which performed better, FLCB or TOTR?
Over the past year FLCB returned -2.11% vs -1.73% for TOTR, so TOTR leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FLCB or TOTR?
TOTR has been the more volatile fund at 6.6% annualized versus 6.3% for FLCB. Worst drawdown: FLCB -17.9% vs TOTR -19.6%.
Should I hold both FLCB and TOTR?
FLCB and TOTR have a monthly-return correlation of 0.99, 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 TOTR?
FLCB yields 4.50% while TOTR yields 5.48%, so TOTR currently pays the higher dividend yield.
Is TOTR better than FLCB?
FLCB has a lower expense ratio. FLCB led over 5Y and the full window, TOTR over 1Y and 3Y. The two have moved almost in lockstep, correlation 0.99. Which one suits a particular account depends on what it is for. This is information, not a recommendation.