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FLBLvsMBSFETF Comparison

ETF 1

FLBL

Franklin Senior Loan ETF

This fund is part of

US Aggregate Bonds

-0.23%

Full FLBL fund page

VS

ETF 2

MBSF

Regan Floating Rate MBS ETF

This fund is part of

MBS & ABS

-0.3%

Full MBSF fund page

Franklin Senior Loan ETF (FLBL) and Regan Floating Rate MBS ETF (MBSF) have similar underlying exposures to countries and sectors. FLBL's top 3 sector exposures are Finance, Consumer Services and Industrials. In contrast, MBSF's top sector exposures are Sovereign, Industrials and Finance. FLBL is less expensive with a Total Expense Ratio (TER) of 0.45%, versus 0.49% for MBSF. FLBL is down -1.12% year-to-date (YTD) with -$57M in YTD flows. MBSF performs better with 2.63% YTD performance, and +$77M in YTD flows. Run a side-by-side ETF comparison of FLBL and MBSF below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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FLBL vs MBSF performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 09/01/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	FLBL MBSF	+0.43%+0.32%	+0.25%+1.22%	-1.12%+2.63%	-2.88%+4.68%	+12.55%n/a	+15.06%n/a
Flows	FLBL MBSF	+$11M+$10M	+$11M+$28M	-$57M+$77M	-$292M+$88M	+$679M-	+$744M-

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	FLBL MBSF	+1.95%+0.88%	+2.63%+1.07%	+2.02%n/a	+2.49%n/a
Max drawdown	FLBL MBSF	-0.48%-0.08%	-4.18%-0.52%	-4.18%n/a	-8.27%n/a
Max drawdown duration	FLBL MBSF	39d5d	350d55d	350dn/a	649dn/a

Trading data

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	FLBL	MBSF
Last sale 9/2/2026 at 2:45 PM	$23.05	$25.68
Previous close 09/01/2026	$23.07	$25.71
Consolidated volume 09/01/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Main metrics

Last update 9/2/2026 at 2:45 PM

Live

Closed

	FLBL	MBSF
Last price	$23.05	$25.68
1D performance	-0.07%	-0.12%
AuM	$861.86 M	$244.67 M
E/R	0.45%	0.49%

Characteristics

	FLBL	MBSF
Management strategy	Active	Active
Provider	Franklin Templeton	Regan Capital
Benchmark	-	-
N° of holdings	1456	11
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	May 30, 2018	February 28, 2024
ESG	No	No

More FLBL data on Trackinsight

More MBSF data on Trackinsight

Exposure

Countries

FLBL

Other

100%

MBSF

USA

7.77%

Other

92.23%

Sectors

FLBL

Other

100%

MBSF

Other

100%

Diversification

FLBL

Total weight of top 15 holdings out of 15

17.62%

MBSF

Total weight of top 15 holdings out of 15

26.32%

Top 15 holdings

Data as of July 31, 2026

FLBL

US71360HAB33

1.45%

US03234TBB35

1.32%

US57906HAF47

1.31%

US05988HAQ02

1.30%

US81527CAP23

1.25%

US23923YAB74

1.25%

US21870FBA66

1.22%

US22164MAB37

1.18%

US009ABISG20

1.15%

US44332EAZ97

1.14%

US29426NAZ78

1.05%

US74345HAJ05

1.04%

US04686RAF01

1.00%

US01957TAX54

0.98%

US01881UAN54

0.98%

MBSF

USA, TIPS 0.125% 15apr2027, USD (X-2027)

4.75%

US3137BEBR41

2.30%

US3136B9AP20

2.17%

US3136B5DQ53

1.86%

US3137BFXK25

1.76%

US3136B7AM33

1.74%

US38382AZQ11

1.56%

US3137FLVL57

1.46%

US3136B5E273

1.45%

US38382AZK41

1.35%

US38381YDP60

1.27%

US3137HDQP82

1.21%

US38379VU289

1.16%

US38381YS218

1.15%

US38381XGR17

1.13%

Frequently asked questions about FLBL and MBSF

How have the FLBL and MBSF ETFs performed in 2026?

As of September 1, 2026, FLBL is down -1.12% year-to-date (YTD), while MBSF has returned 2.63%. That puts MBSF better performer ahead so far this year.

Which ETF is attracting more investor money: FLBL or MBSF?

Year-to-date, the FLBL ETF saw -$57M in flows, compared to +$77M for MBSF.

Which ETF is more volatile: FLBL or MBSF?

Over the past year, FLBL had a volatility of 2.63%, while MBSF experienced 1.07%.

Which ETF is bigger: FLBL or MBSF?

As of September 1, 2026, FLBL holds $861.86 M in assets under management (AUM), while MBSF manages $244.67 M.

What are the top holdings of the FLBL ETF and MBSF ETF?

FLBL top holdings include US71360HAB33, US03234TBB35 and US57906HAF47. MBSF holds in its top three: USA, TIPS 0.125% 15apr2027, USD (X-2027), US3137BEBR41 and US3136B9AP20.

FLBLvsMBSFETF Comparison

Franklin Senior Loan ETF

Regan Floating Rate MBS ETF

FLBL vs MBSF performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the FLBL and MBSF ETFs performed in 2026?

As of September 1, 2026, FLBL is down -1.12% year-to-date (YTD), while MBSF has returned 2.63%. That puts MBSF better performer ahead so far this year.

Which ETF is attracting more investor money: FLBL or MBSF?

Year-to-date, the FLBL ETF saw -$57M in flows, compared to +$77M for MBSF.

Which ETF is more volatile: FLBL or MBSF?

Over the past year, FLBL had a volatility of 2.63%, while MBSF experienced 1.07%.

Which ETF is bigger: FLBL or MBSF?

As of September 1, 2026, FLBL holds $861.86 M in assets under management (AUM), while MBSF manages $244.67 M.

What are the top holdings of the FLBL ETF and MBSF ETF?

FLBL top holdings include US71360HAB33, US03234TBB35 and US57906HAF47. MBSF holds in its top three: USA, TIPS 0.125% 15apr2027, USD (X-2027), US3137BEBR41 and US3136B9AP20.

Which ETF is more diversified: FLBL or MBSF?

FLBL holds 2271 securities with 17.62% of its assets in the top 15. MBSF has 429 securities and a top 15 weight of 26.32%.

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