EWA vs. FLAU
Compare and contrast key facts about iShares MSCI-Australia ETF (EWA) and Franklin FTSE Australia ETF (FLAU).
EWA and FLAU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EWA is a passively managed fund by iShares that tracks the performance of the MSCI Australia Index. It was launched on Mar 18, 1996. FLAU is a passively managed fund by Franklin Templeton that tracks the performance of the FTSE Australia RIC Capped Index. It was launched on Nov 2, 2017. Both EWA and FLAU are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EWA or FLAU.
Key characteristics
| EWA | FLAU | |
|---|---|---|
| YTD Return | -1.68% | -1.37% |
| 1Y Return | 7.49% | 7.58% |
| 3Y Return (Ann) | 2.01% | 2.24% |
| 5Y Return (Ann) | 6.19% | 6.86% |
| Sharpe Ratio | 0.43 | 0.42 |
| Daily Std Dev | 17.67% | 17.83% |
| Max Drawdown | -66.98% | -45.73% |
| Current Drawdown | -3.70% | -3.65% |
Correlation
The correlation between EWA and FLAU is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
EWA vs. FLAU - Performance Comparison
In the year-to-date period, EWA achieves a -1.68% return, which is significantly lower than FLAU's -1.37% 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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EWA vs. FLAU - Expense Ratio Comparison
EWA has a 0.50% expense ratio, which is higher than FLAU's 0.09% expense ratio.
Risk-Adjusted Performance
EWA vs. FLAU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI-Australia ETF (EWA) and Franklin FTSE Australia ETF (FLAU). 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
EWA vs. FLAU - Dividend Comparison
EWA's dividend yield for the trailing twelve months is around 3.78%, more than FLAU's 3.67% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EWA iShares MSCI-Australia ETF | 3.78% | 3.72% | 5.28% | 5.08% | 2.02% | 3.97% | 6.11% | 4.44% | 4.03% | 5.48% | 4.92% | 4.68% |
FLAU Franklin FTSE Australia ETF | 3.67% | 3.62% | 5.91% | 5.14% | 2.18% | 4.37% | 4.34% | 0.18% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
EWA vs. FLAU - Drawdown Comparison
The maximum EWA drawdown since its inception was -66.98%, which is greater than FLAU's maximum drawdown of -45.73%. Use the drawdown chart below to compare losses from any high point for EWA and FLAU. For additional features, visit the drawdowns tool.
Volatility
EWA vs. FLAU - Volatility Comparison
iShares MSCI-Australia ETF (EWA) and Franklin FTSE Australia ETF (FLAU) have volatilities of 4.68% and 4.76%, 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.