DIEM vs. DIVI
Compare and contrast key facts about Franklin Emerging Market Core Dividend Tilt Index ETF (DIEM) and Franklin International Core Dividend Tilt Index ETF (DIVI).
DIEM and DIVI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DIEM is a passively managed fund by Franklin that tracks the performance of the Morningstar Emerging Markets Dividend Enhanced Select Index. It was launched on Jun 1, 2016. DIVI is an actively managed fund by Franklin. It was launched on Jun 1, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DIEM or DIVI.
Key characteristics
| DIEM | DIVI | |
|---|---|---|
| YTD Return | 10.96% | 9.08% |
| 1Y Return | 18.95% | 17.55% |
| 3Y Return (Ann) | 0.98% | 9.40% |
| 5Y Return (Ann) | 3.46% | 9.09% |
| Sharpe Ratio | 1.38 | 1.37 |
| Daily Std Dev | 13.56% | 13.04% |
| Max Drawdown | -38.61% | -27.76% |
| Current Drawdown | -2.42% | -1.66% |
Correlation
The correlation between DIEM and DIVI is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
DIEM vs. DIVI - Performance Comparison
In the year-to-date period, DIEM achieves a 10.96% return, which is significantly higher than DIVI's 9.08% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DIEM vs. DIVI - Expense Ratio Comparison
DIEM has a 0.19% expense ratio, which is higher than DIVI's 0.09% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
DIEM vs. DIVI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Emerging Market Core Dividend Tilt Index ETF (DIEM) and Franklin International Core Dividend Tilt Index ETF (DIVI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
DIEM vs. DIVI - Dividend Comparison
DIEM's dividend yield for the trailing twelve months is around 3.16%, less than DIVI's 3.61% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
DIEM Franklin Emerging Market Core Dividend Tilt Index ETF | 3.16% | 4.45% | 6.31% | 4.06% | 2.75% | 5.98% | 3.87% | 2.61% | 0.35% |
DIVI Franklin International Core Dividend Tilt Index ETF | 3.61% | 3.17% | 5.43% | 2.77% | 5.87% | 1.61% | 5.67% | 5.71% | 13.51% |
Drawdowns
DIEM vs. DIVI - Drawdown Comparison
The maximum DIEM drawdown since its inception was -38.61%, which is greater than DIVI's maximum drawdown of -27.76%. Use the drawdown chart below to compare losses from any high point for DIEM and DIVI. For additional features, visit the drawdowns tool.
Volatility
DIEM vs. DIVI - Volatility Comparison
Franklin Emerging Market Core Dividend Tilt Index ETF (DIEM) and Franklin International Core Dividend Tilt Index ETF (DIVI) have volatilities of 4.05% and 4.04%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.