Franklin Liberty International Aggregate Bond… (FLIA) Performance
FLIA total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +1.0% since Dec 31, 2025
- 1 year
- +0.7% total return
- 5 years
- +0.8% a year
- Since first price
- +0.9% a year since 2018
FLIA trailing returns vs AGG, TLT, SPY
| Period | FLIA total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +1.0% | +0.7% | +0.9% | +1.5% | −1.0% |
| 3 months | +0.0% | −0.7% | −0.4% | −1.0% | +3.2% |
| 6 months | +0.4% | −0.6% | −1.5% | −3.8% | +7.8% |
| YTD | +1.0% | −0.1% | −1.0% | −3.4% | +12.3% |
| 1 year | +0.7% | −2.5% | −1.1% | −6.9% | +14.4% |
| 3 years | +12.0%+3.9%/yr | +3.9% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | +4.0%+0.8%/yr | −19.4% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| Since inceptionJun 1, 2018 | +8.2%+0.9%/yr | −19.9% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: FLIA vs AGG
From Jun 1, 2018: FLIA grew to $10,825, AGG to $11,543.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
FLIA returns by calendar year
5 of 7 full years positive. Best 2019 (+7.6%), worst 2022 (−7.7%). 2026 is year to date.
FLIA annual returns table
| Year | FLIA | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | +1.0% | −2.1% | −1.0% | −3.4% | +12.3% |
| 2025 | +2.1% | −2.0% | +7.2% | +4.3% | +17.7% |
| 2024 | +2.4% | −1.6% | +1.3% | −8.1% | +24.9% |
| 2023 | +7.2% | −3.0% | +5.7% | +2.8% | +26.2% |
| 2022 | −7.7% | −7.9% | −13.0% | −31.2% | −18.2% |
| 2021 | −2.5% | −2.5% | −1.8% | −4.6% | +28.7% |
| 2020 | +1.4% | −6.9% | +7.5% | +18.2% | +18.3% |
| 2019 | +7.6% | −2.7% | +8.5% | +14.1% | +31.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
FLIA largest drawdowns
Now 0.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Mar 9, 2020 | −11.7% | Oct 12, 2022 | Oct 28, 2025 | 2.6 years | 5.6 years |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
FLIA risk statistics
| Statistic | 3 years | 5 years | Since 2018 |
|---|---|---|---|
| Annualized return | +3.5% | +0.5% | +1.1% |
| Volatility (annualized) | 3.4% | 3.9% | 3.8% |
| Sharpe ratio | -0.26 | -0.79 | -0.38 |
| Sortino ratio | -0.39 | -0.99 | -0.51 |
| Best month | +3.5% | +3.5% | +3.5% |
| Worst month | −1.4% | −2.8% | −2.8% |
| Best 12 months | +8.1% | +8.1% | +9.0% |
| Worst 12 months | +0.6% | −7.9% | −7.9% |
| Positive months | 61% | 50% | 52% |
| Beta vs S&P 500 | 0.13 | 0.15 | — |
| Correlation with S&P 500 | 0.47 | 0.60 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
FLIA rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 89 | −7.9% | +1.9% | +9.0% | 67% |
| 3-year (a year) | 65 | −3.0% | +0.3% | +4.3% | 52% |
| 5-year (a year) | 41 | −0.5% | +0.3% | +1.0% | 76% |
Every holding period starting at a month-end since 2018. Returns for 3 years and longer are annualized.
FLIA performance overview
Franklin Liberty International Aggregate Bond… (FLIA) returned +0.7% over the past year and +0.8% a year over five years, with distributions reinvested. Since its first recorded price in 2018 it has returned +0.9% a year, turning $10,000 into about $10,825. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −11.7%, from Mar 9, 2020 to Oct 12, 2022, and it took 3.0 years to get back to the old high. FLIA finished 5 of its 7 full calendar years with a gain; the best year was 2019 (+7.6%) and the worst 2022 (−7.7%). Volatility has been 3.8% a year.
Related: FLIA chart, FLIA dividends, FLIA bond profile. See the FLIA overview for the latest quote and fund facts.
FLIA performance FAQ
What is the FLIA return over the past year?
FLIA returned +0.7% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 2.5%.
What is the average annual return of FLIA?
FLIA has returned +0.8% a year over 5 years, +0.9% a year since June 1, 2018 (total return, distributions reinvested).
How much would $10,000 invested in FLIA be worth?
$10,000 invested in FLIA at its first recorded close on June 1, 2018 would be worth about $10,825 on October 23, 2026 with distributions reinvested.
What was the worst year for FLIA?
The worst calendar year was 2022, with a total return of −7.7%. The best was 2019 at +7.6%.
What is the biggest drawdown of FLIA?
The largest peak-to-trough decline was −11.7% between March 9, 2020 and October 12, 2022. It recovered to the old high on October 28, 2025, 3.0 years after the bottom.
How volatile is FLIA?
Over the past 3 years FLIA had an annualized volatility of 3.4% and a Sharpe ratio of -0.26 (excess return over 1–3 month T-bills per unit of risk).