BROUGHT TO YOU BY:

ETF Portfolio Builder

New

ETF Portfolio Builder

New

FLBLvsOOSPETF Comparison

ETF 1

FLBL

Franklin Senior Loan ETF

This fund is part of

US Aggregate Bonds

-0.07%

Full FLBL fund page

VS

ETF 2

OOSP

Obra Opportunistic Structured Products ETF

This fund is part of

US Aggregate Bonds

-0.07%

Full OOSP fund page

Franklin Senior Loan ETF (FLBL) and Obra Opportunistic Structured Products ETF (OOSP) have similar underlying exposures to countries and sectors. They also belong to the same industry segment: US Aggregate Bonds. FLBL's top 3 sector exposures are Finance, Consumer Services and Industrials. In contrast, OOSP's top sector exposures are Industrials, Finance and Non-Corporate. FLBL is less expensive with a Total Expense Ratio (TER) of 0.45%, versus 1.97% for OOSP. FLBL is down -0.56% year-to-date (YTD) with -$57M in YTD flows. OOSP performs better with 3.67% YTD performance, and +$114M in YTD flows. Run a side-by-side ETF comparison of FLBL and OOSP below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

Find out how industry players manage ETF portfolios. Discover our library of Model portfolios

FLBL vs OOSP performance and flow charts

Performance

Cumulative Flows

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

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 08/31/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	FLBL OOSP	+0.49%+0.45%	+0.82%+1.28%	-0.56%+3.67%	-2.34%+6.06%	+13.27%n/a	+15.75%n/a
Flows	FLBL OOSP	+$11M-	+$11M+$508K	-$57M+$114M	-$292M+$115M	+$679M-	+$744M-

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	FLBL OOSP	+1.59%+0.64%	+2.57%+0.84%	+1.99%n/a	+2.48%n/a
Max drawdown	FLBL OOSP	-0.48%-0.11%	-4.18%-0.39%	-4.18%n/a	-8.27%n/a
Max drawdown duration	FLBL OOSP	39d7d	349d37d	349dn/a	649dn/a

Trading data

Create an account to view trading data

Join for free

	FLBL	OOSP
Last sale 8/31/2026 at 1:30 PM	$23.20	$10.12
Previous close 08/31/2026	$23.18	$10.11
Consolidated volume 08/31/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Main metrics

Last update 8/31/2026 at 1:30 PM

Live

Closed

	FLBL	OOSP
Last price	$23.20	$10.12
1D performance	+0.09%	+0.05%
AuM	$866.70 M	$150.38 M
E/R	0.45%	1.97%

Characteristics

	FLBL	OOSP
Management strategy	Active	Active
Provider	Franklin Templeton	Obra Funds
Benchmark	-	-
N° of holdings	1456	11
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	May 30, 2018	April 9, 2024
ESG	No	No

More FLBL data on Trackinsight

More OOSP data on Trackinsight

Exposure

Countries

FLBL

Other

100%

OOSP

Other

100%

Sectors

FLBL

Other

100%

OOSP

Other

100%

Diversification

FLBL

Total weight of top 15 holdings out of 15

17.62%

OOSP

Total weight of top 15 holdings out of 15

13.18%

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%

OOSP

US62956HAG11

1.17%

US12988DAG79

1.01%

US76089TAC45

1.00%

US69549PAC14

0.99%

US12577HAG56

0.91%

US43284KAD46

0.86%

US34461WAG50

0.84%

US69547DAE67

0.83%

US92535VAS16

0.82%

US46676AAG85

0.81%

US362414AG97

0.80%

US39152MAG06

0.80%

US98919WAQ69

0.80%

US05618XAG51

0.80%

US12433KAG22

0.73%

Frequently asked questions about FLBL and OOSP

FLBLvsOOSPETF Comparison

Franklin Senior Loan ETF

Obra Opportunistic Structured Products ETF

FLBL vs OOSP 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 OOSP ETFs performed in 2026?

As of August 31, 2026, FLBL is down -0.56% year-to-date (YTD), while OOSP has returned 3.67%. That puts OOSP better performer ahead so far this year.

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

Year-to-date, the FLBL ETF saw -$57M in flows, compared to +$114M for OOSP.

Which ETF is more volatile: FLBL or OOSP?

Over the past year, FLBL had a volatility of 2.57%, while OOSP experienced 0.84%.

Which ETF is bigger: FLBL or OOSP?

As of August 31, 2026, FLBL holds $866.70 M in assets under management (AUM), while OOSP manages $150.38 M.

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

FLBL top holdings include US71360HAB33, US03234TBB35 and US57906HAF47. OOSP holds in its top three: US62956HAG11, US12988DAG79 and US76089TAC45.

Which ETF is more diversified: FLBL or OOSP?

FLBL holds 2271 securities with 17.62% of its assets in the top 15. OOSP has 250 securities and a top 15 weight of 13.18%.

Expert-Built ETF Portfolios, All in One Place