EDOC vs. FLSP
EDOC (Global X Telemedicine & Digital Health ETF) and FLSP (Franklin Liberty Systematic Style Premia ETF) are both exchange-traded funds - EDOC is a Health & Biotech Equities fund tracking the Solactive Telemedicine & Digital Health Index- TR Net, while FLSP is a Long-Short fund actively managed by Franklin Templeton. EDOC is passively managed, while FLSP is actively managed. Over the past 5 years, EDOC returned -14.64%/yr vs 8.35%/yr for FLSP. At a 0.01 correlation, their price movements are largely independent. EDOC charges 0.68%/yr vs 0.65%/yr for FLSP.
Performance
EDOC vs. FLSP - Performance Comparison
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Returns By Period
In the year-to-date period, EDOC achieves a -10.37% return, which is significantly lower than FLSP's 1.97% return.
EDOC
- 1D
- 1.49%
- 1M
- 5.54%
- YTD
- -10.37%
- 6M
- -12.67%
- 1Y
- -16.13%
- 3Y*
- -8.12%
- 5Y*
- -14.64%
- 10Y*
- —
FLSP
- 1D
- -0.36%
- 1M
- 0.59%
- YTD
- 1.97%
- 6M
- 2.01%
- 1Y
- 14.58%
- 3Y*
- 10.33%
- 5Y*
- 8.35%
- 10Y*
- —
EDOC vs. FLSP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
EDOC Global X Telemedicine & Digital Health ETF | -10.37% | -0.62% | -2.87% | -12.61% | -29.99% | -14.21% | 16.89% |
FLSP Franklin Liberty Systematic Style Premia ETF | 1.97% | 15.56% | 11.75% | 3.14% | 0.44% | 11.44% | -7.37% |
Correlation
The correlation between EDOC and FLSP is -0.13, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.03 |
Correlation (All Time) Calculated using the full available price history since Jul 30, 2020 | 0.01 |
The correlation between EDOC and FLSP shifts across timeframes, from -0.13 (1 year) to 0.01 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
EDOC vs. FLSP — Risk / Return Rank
EDOC
FLSP
EDOC vs. FLSP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Telemedicine & Digital Health ETF (EDOC) and Franklin Liberty Systematic Style Premia ETF (FLSP). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EDOC | FLSP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.34 | ||
| Sortino ratioReturn per unit of downside risk | -3.26 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 1.28 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | -0.53 | 3.63 | -4.16 |
| Martin ratioReturn relative to average drawdown | -1.01 | 10.82 | -11.83 |
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Drawdowns
EDOC vs. FLSP - Drawdown Comparison
The maximum EDOC drawdown since its inception was -65.76%, which is greater than FLSP's maximum drawdown of -22.75%. Use the drawdown chart below to compare losses from any high point for EDOC and FLSP.
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Drawdown Indicators
| EDOC | FLSP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.76% | -22.75% | -43.01% |
Max Drawdown (1Y)Largest decline over 1 year | -30.71% | -4.03% | -26.68% |
Max Drawdown (3Y)Largest decline over 3 years | -35.78% | -6.69% | -29.09% |
Max Drawdown (5Y)Largest decline over 5 years | -60.36% | -9.52% | -50.84% |
Current DrawdownCurrent decline from peak | -61.31% | -1.26% | -60.05% |
Average DrawdownAverage peak-to-trough decline | -43.20% | -6.26% | -36.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.98% | 1.39% | +14.59% |
Volatility
EDOC vs. FLSP - Volatility Comparison
Global X Telemedicine & Digital Health ETF (EDOC) has a higher volatility of 7.26% compared to Franklin Liberty Systematic Style Premia ETF (FLSP) at 1.79%. This indicates that EDOC's price experiences larger fluctuations and is considered to be riskier than FLSP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EDOC | FLSP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.26% | 1.79% | +5.47% |
Volatility (6M)Calculated over the trailing 6-month period | 16.63% | 6.78% | +9.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.43% | 9.07% | +13.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.46% | 13.35% | +13.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.28% | 13.48% | +12.80% |
EDOC vs. FLSP - Expense Ratio Comparison
EDOC has a 0.68% expense ratio, which is higher than FLSP's 0.65% expense ratio.
Dividends
EDOC vs. FLSP - Dividend Comparison
EDOC's dividend yield for the trailing twelve months is around 0.37%, less than FLSP's 2.60% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
EDOC Global X Telemedicine & Digital Health ETF | 0.37% | 0.33% | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% |
FLSP Franklin Liberty Systematic Style Premia ETF | 2.60% | 2.65% | 1.18% | 1.19% | 2.18% | 1.19% | 8.08% |
Frequently Asked Questions
EDOC and FLSP have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EDOC has higher volatility (7.26%) compared to FLSP (1.79%). In terms of maximum drawdown, EDOC dropped -65.76% vs FLSP's -22.75%.
On 5-year performance, FLSP leads with 8.35% vs -14.64% for EDOC. On fees, FLSP is cheaper at 0.65% per year. On volatility, FLSP has been the lower-risk option at 1.79%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, FLSP has performed better with a 8.35% return vs -14.64%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FLSP is cheaper with a 0.65% expense ratio, compared with 0.68% for EDOC.
FLSP has the higher dividend yield at 2.60%, compared with 0.37% for EDOC.
EDOC is categorized as Health & Biotech Equities, while FLSP is Long-Short. They also come from different issuers: Global X and Franklin Templeton. Their fees differ too: 0.68% for EDOC and 0.65% for FLSP.
FLSP currently has the higher Sharpe Ratio (1.62 vs -0.73), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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