FFOG vs. IVRS

Last updated Jun 24, 2026

FFOG (Franklin Focused Growth ETF) and IVRS (iShares Future Metaverse Tech And Communications ETF) are both exchange-traded funds - FFOG is a Large Cap Growth Equities fund actively managed by Franklin Templeton, while IVRS is a Technology Equities fund tracking the Morningstar Global Metaverse & Virtual Interaction Select Index - Benchmark TR Net. FFOG is actively managed, while IVRS is passively managed. Over the past year, FFOG returned 17.51% vs -6.88% for IVRS. A 0.75 correlation means they provide meaningful diversification when combined. FFOG charges 0.55%/yr vs 0.47%/yr for IVRS.

Performance

FFOG vs. IVRS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Focused Growth ETF (FFOG) and iShares Future Metaverse Tech And Communications ETF (IVRS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FFOG achieves a 5.41% return, which is significantly higher than IVRS's -9.21% return.

FFOG

• 1D: -3.52%
• 1M: -1.89%
• YTD: 5.41%
• 6M: 3.83%
• 1Y: 17.51%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IVRS

• 1D: -1.89%
• 1M: -4.92%
• YTD: -9.21%
• 6M: -10.90%
• 1Y: -6.88%
• 3Y*: 7.89%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FFOG vs. IVRS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
FFOG Franklin Focused Growth ETF	5.41%	17.09%	38.20%	12.25%
IVRS iShares Future Metaverse Tech And Communications ETF	-9.21%	12.75%	7.40%	12.11%

Correlation

The correlation between FFOG and IVRS is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.72
Correlation (All Time) Calculated using the full available price history since Nov 6, 2023	0.75

The correlation between FFOG and IVRS has been stable across timeframes, ranging from 0.72 to 0.75 - a consistent structural relationship.

FFOG vs. IVRS - Sectors Allocation Comparison

Sectors	FFOG	IVRS
Technology	58.2%	51.6%
Communication Services	12.9%	28.5%
Consumer Cyclical	11.7%	3.1%
Industrials	6.1%	-
Healthcare	5.6%	-
Financial Services	2.4%	19.9%
Utilities	1.6%	-
Energy	0.7%	-
Basic Materials	-	-
Consumer Defensive	-	-
Real Estate	-	-

Return for Risk

FFOG vs. IVRS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FFOG

FFOG Risk / Return Rank: 22
FFOG Sharpe Ratio Rank: 23
FFOG Sortino Ratio Rank: 22
FFOG Omega Ratio Rank: 23
FFOG Calmar Ratio Rank: 19
FFOG Martin Ratio Rank: 21

IVRS

IVRS Risk / Return Rank: 7
IVRS Sharpe Ratio Rank: 6
IVRS Sortino Ratio Rank: 6
IVRS Omega Ratio Rank: 6
IVRS Calmar Ratio Rank: 7
IVRS Martin Ratio Rank: 7

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FFOG vs. IVRS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Focused Growth ETF (FFOG) and iShares Future Metaverse Tech And Communications ETF (IVRS). 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.

	FFOG	IVRS	Difference
Sharpe ratio: Return per unit of total volatility	0.81	-0.30	+1.11
Sortino ratio: Return per unit of downside risk	1.18	-0.27	+1.45
Omega ratio: Gain probability vs. loss probability	1.15	0.97	+0.19
Calmar ratio: Return relative to maximum drawdown	0.80	-0.22	+1.02
Martin ratio: Return relative to average drawdown	2.35	-0.45	+2.80

FFOG vs. IVRS - Sharpe Ratio Comparison

The current FFOG Sharpe Ratio is 0.81, which is higher than the IVRS Sharpe Ratio of -0.30. The chart below compares the historical Sharpe Ratios of FFOG and IVRS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FFOG vs. IVRS - Drawdown Comparison

The maximum FFOG drawdown since its inception was -25.38%, smaller than the maximum IVRS drawdown of -31.43%. Use the drawdown chart below to compare losses from any high point for FFOG and IVRS.

Drawdown Indicators

	FFOG	IVRS	Difference
Max Drawdown Largest peak-to-trough decline	-25.38%	-31.43%	+6.05%
Max Drawdown (1Y) Largest decline over 1 year	-21.90%	-31.43%	+9.53%
Max Drawdown (3Y) Largest decline over 3 years	—	-31.43%	—
Current Drawdown Current decline from peak	-5.68%	-21.89%	+16.21%
Average Drawdown Average peak-to-trough decline	-4.58%	-6.03%	+1.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.46%	15.29%	-7.83%

Volatility

FFOG vs. IVRS - Volatility Comparison

Franklin Focused Growth ETF (FFOG) has a higher volatility of 9.49% compared to iShares Future Metaverse Tech And Communications ETF (IVRS) at 8.09%. This indicates that FFOG's price experiences larger fluctuations and is considered to be riskier than IVRS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FFOG	IVRS	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.49%	8.09%	+1.40%
Volatility (6M) Calculated over the trailing 6-month period	17.45%	19.82%	-2.37%
Volatility (1Y) Calculated over the trailing 1-year period	21.79%	22.78%	-0.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.19%	20.71%	+3.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.19%	20.71%	+3.48%

FFOG vs. IVRS - Expense Ratio Comparison

FFOG has a 0.55% expense ratio, which is higher than IVRS's 0.47% expense ratio.

Dividends

FFOG vs. IVRS - Dividend Comparison

FFOG has not paid dividends to shareholders, while IVRS's dividend yield for the trailing twelve months is around 8.82%.

Position	TTM	2025	2024	2023
FFOG Franklin Focused Growth ETF	0.00%	0.00%	0.00%	0.00%
IVRS iShares Future Metaverse Tech And Communications ETF	8.82%	7.88%	6.65%	0.48%

Frequently Asked Questions

Can I hold both FFOG and IVRS in my portfolio?

FFOG and IVRS have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FFOG or IVRS?

FFOG has higher volatility (9.49%) compared to IVRS (8.09%). In terms of maximum drawdown, FFOG dropped -25.38% vs IVRS's -31.43%.

Which ETF is better, FFOG or IVRS?

On 1-year performance, FFOG leads with 17.51% vs -6.88% for IVRS. On fees, IVRS is cheaper at 0.47% per year. On volatility, IVRS has been the lower-risk option at 8.09%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FFOG or IVRS?

Over the 1-year period, FFOG has performed better with a 17.51% return vs -6.88%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FFOG or IVRS?

IVRS is cheaper with a 0.47% expense ratio, compared with 0.55% for FFOG.

Which ETF pays a higher dividend yield, FFOG or IVRS?

IVRS has the higher dividend yield at 8.82%, compared with 0.00% for FFOG.

What is the main difference between FFOG and IVRS?

FFOG is categorized as Large Cap Growth Equities, while IVRS is Technology Equities. They also come from different issuers: Franklin Templeton and iShares. Their fees differ too: 0.55% for FFOG and 0.47% for IVRS.

Which has better risk-adjusted returns?

FFOG currently has the higher Sharpe Ratio (0.81 vs -0.30), 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.