EWZ vs. FLBR
Compare and contrast key facts about iShares MSCI Brazil ETF (EWZ) and Franklin FTSE Brazil ETF (FLBR).
EWZ and FLBR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EWZ is a passively managed fund by iShares that tracks the performance of the MSCI Brazil 25/50 Index. It was launched on Jul 10, 2000. FLBR is a passively managed fund by Franklin Templeton that tracks the performance of the FTSE Brazil RIC Capped Index. It was launched on Nov 3, 2017. Both EWZ and FLBR 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: EWZ or FLBR.
Key characteristics
| EWZ | FLBR | |
|---|---|---|
| YTD Return | -9.78% | -8.93% |
| 1Y Return | 19.52% | 21.40% |
| 3Y Return (Ann) | 5.08% | 4.92% |
| 5Y Return (Ann) | 0.87% | 1.08% |
| Sharpe Ratio | 0.98 | 1.04 |
| Daily Std Dev | 22.48% | 22.68% |
| Max Drawdown | -77.27% | -57.42% |
| Current Drawdown | -39.38% | -12.59% |
Correlation
The correlation between EWZ and FLBR is 0.97, 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
EWZ vs. FLBR - Performance Comparison
In the year-to-date period, EWZ achieves a -9.78% return, which is significantly lower than FLBR's -8.93% 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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EWZ vs. FLBR - Expense Ratio Comparison
EWZ has a 0.59% expense ratio, which is higher than FLBR's 0.19% expense ratio.
Risk-Adjusted Performance
EWZ vs. FLBR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Brazil ETF (EWZ) and Franklin FTSE Brazil ETF (FLBR). 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
EWZ vs. FLBR - Dividend Comparison
EWZ's dividend yield for the trailing twelve months is around 6.27%, less than FLBR's 9.71% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EWZ iShares MSCI Brazil ETF | 6.27% | 5.66% | 12.59% | 9.87% | 1.71% | 2.54% | 2.89% | 1.71% | 1.81% | 4.07% | 3.77% | 3.22% |
FLBR Franklin FTSE Brazil ETF | 9.71% | 8.84% | 11.99% | 8.71% | 2.32% | 3.42% | 3.73% | 0.42% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
EWZ vs. FLBR - Drawdown Comparison
The maximum EWZ drawdown since its inception was -77.27%, which is greater than FLBR's maximum drawdown of -57.42%. Use the drawdown chart below to compare losses from any high point for EWZ and FLBR. For additional features, visit the drawdowns tool.
Volatility
EWZ vs. FLBR - Volatility Comparison
iShares MSCI Brazil ETF (EWZ) and Franklin FTSE Brazil ETF (FLBR) have volatilities of 6.65% and 6.54%, 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.