There was no change to the Franklin International Equity Rotation model this week, so we look at the Franklin High Yield Corporate ETF (FLHY).
There was no change to the Franklin International Equity Rotation model this week.
Fixed income put together a quietly strong performance in 2025, and among the better fixed income segments has been high yield bonds. Domestic High Yield current sits in the first place of DALI’s fixed income rankings, followed by US Corporate in second place. Those looking to add additional high yield exposure could look towards the Franklin High Yield Corporate ETF (FLHY). It holds a strong fund score of 3.01 and a positive score direction of 0.52. FLHY has traded in a positive trend dating back to August of 2024, and the fund is now trading on a string of three consecutive buy signals dating back to January of 2024. On a relative basis, FLHY holds both near- and long-term relative strength versus the broader fixed income space, sitting on an RS buy signal and column of Xs on its RS chart versus the iShares US Core Bond ETF (AGG). Looking at the more sensitive $0.1 chart, initial support for the fund lies at $24.20. Those looking to buy could do so here given the fund’s actionable positioning. Lastly, FLHY offers an extremely strong yield of 6.53%.
