EWT vs. FLTW
Compare and contrast key facts about iShares MSCI Taiwan ETF (EWT) and Franklin FTSE Taiwan ETF (FLTW).
EWT and FLTW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EWT is a passively managed fund by iShares that tracks the performance of the MSCI Taiwan Index. It was launched on Jun 20, 2000. FLTW is a passively managed fund by Franklin Templeton that tracks the performance of the FTSE Taiwan RIC Capped Index. It was launched on Nov 2, 2017. Both EWT and FLTW 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: EWT or FLTW.
Performance
EWT vs. FLTW - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with EWT having a 16.75% return and FLTW slightly lower at 16.57%.
EWT
16.75%
-4.85%
5.29%
25.43%
14.03%
10.73%
FLTW
16.57%
-4.94%
5.42%
25.40%
14.42%
N/A
Key characteristics
| EWT | FLTW | |
|---|---|---|
| Sharpe Ratio | 1.16 | 1.19 |
| Sortino Ratio | 1.64 | 1.69 |
| Omega Ratio | 1.21 | 1.21 |
| Calmar Ratio | 1.42 | 1.49 |
| Martin Ratio | 5.38 | 4.99 |
| Ulcer Index | 4.50% | 4.89% |
| Daily Std Dev | 20.96% | 20.42% |
| Max Drawdown | -64.26% | -38.00% |
| Current Drawdown | -5.52% | -6.44% |
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EWT vs. FLTW - Expense Ratio Comparison
EWT has a 0.59% expense ratio, which is higher than FLTW's 0.19% expense ratio.
Correlation
The correlation between EWT and FLTW 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.
Risk-Adjusted Performance
EWT vs. FLTW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Taiwan ETF (EWT) and Franklin FTSE Taiwan ETF (FLTW). 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
EWT vs. FLTW - Dividend Comparison
EWT's dividend yield for the trailing twelve months is around 10.28%, more than FLTW's 2.53% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EWT iShares MSCI Taiwan ETF | 10.28% | 12.01% | 18.82% | 2.64% | 1.83% | 2.49% | 3.16% | 2.81% | 2.39% | 3.12% | 1.93% | 1.82% |
FLTW Franklin FTSE Taiwan ETF | 2.53% | 2.84% | 3.16% | 2.31% | 2.14% | 3.00% | 1.06% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
EWT vs. FLTW - Drawdown Comparison
The maximum EWT drawdown since its inception was -64.26%, which is greater than FLTW's maximum drawdown of -38.00%. Use the drawdown chart below to compare losses from any high point for EWT and FLTW. For additional features, visit the drawdowns tool.
Volatility
EWT vs. FLTW - Volatility Comparison
The current volatility for iShares MSCI Taiwan ETF (EWT) is 5.48%, while Franklin FTSE Taiwan ETF (FLTW) has a volatility of 5.84%. This indicates that EWT experiences smaller price fluctuations and is considered to be less risky than FLTW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.