EWY vs. FLKR
Compare and contrast key facts about iShares MSCI South Korea ETF (EWY) and Franklin FTSE South Korea ETF (FLKR).
EWY and FLKR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EWY is a passively managed fund by iShares that tracks the performance of the MSCI Korea Index. It was launched on May 12, 2000. FLKR is a passively managed fund by Franklin Templeton that tracks the performance of the FTSE South Korea RIC Capped Index. It was launched on Nov 2, 2017. Both EWY and FLKR 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: EWY or FLKR.
Key characteristics
| EWY | FLKR | |
|---|---|---|
| YTD Return | -7.07% | -6.12% |
| 1Y Return | 4.73% | 6.36% |
| 3Y Return (Ann) | -6.71% | -7.08% |
| 5Y Return (Ann) | 1.83% | 2.36% |
| Sharpe Ratio | 0.33 | 0.40 |
| Sortino Ratio | 0.63 | 0.72 |
| Omega Ratio | 1.08 | 1.09 |
| Calmar Ratio | 0.21 | 0.25 |
| Martin Ratio | 1.26 | 1.54 |
| Ulcer Index | 6.06% | 5.94% |
| Daily Std Dev | 22.81% | 22.52% |
| Max Drawdown | -74.14% | -50.06% |
| Current Drawdown | -32.87% | -32.72% |
Correlation
The correlation between EWY and FLKR is 0.96, 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
EWY vs. FLKR - Performance Comparison
In the year-to-date period, EWY achieves a -7.07% return, which is significantly lower than FLKR's -6.12% 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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EWY vs. FLKR - Expense Ratio Comparison
EWY has a 0.59% expense ratio, which is higher than FLKR's 0.09% expense ratio.
Risk-Adjusted Performance
EWY vs. FLKR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI South Korea ETF (EWY) and Franklin FTSE South Korea ETF (FLKR). 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
EWY vs. FLKR - Dividend Comparison
EWY's dividend yield for the trailing twelve months is around 2.71%, less than FLKR's 7.56% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EWY iShares MSCI South Korea ETF | 2.71% | 2.52% | 1.23% | 2.16% | 0.73% | 2.10% | 1.34% | 2.90% | 1.21% | 2.42% | 1.20% | 1.39% |
FLKR Franklin FTSE South Korea ETF | 7.56% | 2.28% | 3.13% | 2.12% | 0.99% | 2.09% | 1.86% | 1.02% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
EWY vs. FLKR - Drawdown Comparison
The maximum EWY drawdown since its inception was -74.14%, which is greater than FLKR's maximum drawdown of -50.06%. Use the drawdown chart below to compare losses from any high point for EWY and FLKR. For additional features, visit the drawdowns tool.
Volatility
EWY vs. FLKR - Volatility Comparison
The current volatility for iShares MSCI South Korea ETF (EWY) is 4.34%, while Franklin FTSE South Korea ETF (FLKR) has a volatility of 4.82%. This indicates that EWY experiences smaller price fluctuations and is considered to be less risky than FLKR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.