FLAU vs. ADVE

Last updated Aug 4, 2026

FLAU (Franklin FTSE Australia ETF) and ADVE (Matthews Asia Dividend Active ETF) are both exchange-traded funds - FLAU is a Australia Equities fund tracking the FTSE Australia RIC Capped Index, while ADVE is a Asia Pacific Equities fund actively managed by Matthews. FLAU is passively managed, while ADVE is actively managed. Over the past year, FLAU returned 17.47% vs 32.34% for ADVE. Their 0.71 correlation means they have sometimes moved together and sometimes differently. FLAU charges 0.09%/yr vs 0.79%/yr for ADVE.

Performance

FLAU vs. ADVE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin FTSE Australia ETF (FLAU) and Matthews Asia Dividend Active ETF (ADVE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FLAU achieves a 12.89% return, which is significantly lower than ADVE's 17.57% return.

FLAU

• 1D: 0.03%
• 1M: 4.17%
• 6M: 5.88%
• YTD: 12.89%
• 1Y: 17.47%
• 3Y*: 13.46%
• 5Y*: 7.05%
• 10Y*: —
• ALL TIME*: 7.95%

ADVE

• 1D: 0.51%
• 1M: 2.20%
• 6M: 9.31%
• YTD: 17.57%
• 1Y: 32.34%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 19.35%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ADVE Matthews Asia Dividend Active ETF	$67.14K	$41.11K	$33.36K
FLAU Franklin FTSE Australia ETF	$226.34K	$4.45M	$1.66M

FLAU vs. ADVE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
FLAU Franklin FTSE Australia ETF	12.89%	15.95%	1.81%	15.44%
ADVE Matthews Asia Dividend Active ETF	17.57%	26.12%	7.02%	4.58%

Correlation

The correlation between FLAU and ADVE is 0.67, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.67
Correlation (All Time) Calculated using the full available price history since Sep 22, 2023	0.71

The correlation between FLAU and ADVE has been stable across timeframes, ranging from 0.67 to 0.71 - a consistent structural relationship.

FLAU vs. ADVE - Sectors Allocation Comparison

Sectors	FLAU	ADVE
Financial Services	37.3%	28.9%
Basic Materials	25.3%	3.8%
Consumer Cyclical	7.3%	5.9%
Real Estate	5.9%	3.2%
Industrials	5.7%	11.5%
Healthcare	4.9%	1.0%
Energy	4.3%	0.8%
Consumer Defensive	4.2%	2.6%
Communication Services	1.8%	10.7%
Technology	1.8%	30.8%
Utilities	1.5%	1.0%

Return for Risk

FLAU vs. ADVE — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FLAU

FLAU Risk / Return Rank: 41
FLAU Sharpe Ratio Rank: 40
FLAU Sortino Ratio Rank: 39
FLAU Omega Ratio Rank: 38
FLAU Calmar Ratio Rank: 47
FLAU Martin Ratio Rank: 43

ADVE

ADVE Risk / Return Rank: 69
ADVE Sharpe Ratio Rank: 66
ADVE Sortino Ratio Rank: 66
ADVE Omega Ratio Rank: 70
ADVE Calmar Ratio Rank: 74
ADVE Martin Ratio Rank: 72

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FLAU vs. ADVE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Australia ETF (FLAU) and Matthews Asia Dividend Active ETF (ADVE). 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.

	FLAU	ADVE	Difference
Sharpe ratio: Return per unit of total volatility	1.02	1.66	-0.63
Sortino ratio: Return per unit of downside risk	1.49	2.32	-0.83
Omega ratio: Gain probability vs. loss probability	1.18	1.31	-0.13
Calmar ratio: Return relative to maximum drawdown	1.75	2.77	-1.02
Martin ratio: Return relative to average drawdown	4.91	9.40	-4.49

FLAU vs. ADVE - Sharpe Ratio Comparison

The current FLAU Sharpe Ratio is 1.02, which is lower than the ADVE Sharpe Ratio of 1.66. The chart below compares the historical Sharpe Ratios of FLAU and ADVE, 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

FLAU vs. ADVE - Drawdown Comparison

The maximum FLAU drawdown since its inception was -45.73%, which is greater than ADVE's maximum drawdown of -18.41%. Use the drawdown chart below to compare losses from any high point for FLAU and ADVE.

Drawdown Indicators

	FLAU	ADVE	Difference
Max Drawdown Largest peak-to-trough decline	-45.73%	-18.41%	-27.32%
Max Drawdown (1Y) Largest decline over 1 year	-10.01%	-11.73%	+1.72%
Max Drawdown (3Y) Largest decline over 3 years	-22.03%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-24.68%	—	—
Current Drawdown Current decline from peak	-1.56%	-3.85%	+2.29%
Average Drawdown Average peak-to-trough decline	-6.73%	-3.24%	-3.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.56%	3.45%	+0.11%

Volatility

FLAU vs. ADVE - Volatility Comparison

The current volatility for Franklin FTSE Australia ETF (FLAU) is 4.42%, while Matthews Asia Dividend Active ETF (ADVE) has a volatility of 6.54%. This indicates that FLAU experiences smaller price fluctuations and is considered to be less risky than ADVE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLAU	ADVE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.42%	6.54%	-2.12%
Volatility (6M) Calculated over the trailing 6-month period	14.40%	17.35%	-2.95%
Volatility (1Y) Calculated over the trailing 1-year period	17.20%	19.67%	-2.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.66%	16.50%	+3.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.48%	16.50%	+6.98%

FLAU vs. ADVE - Expense Ratio Comparison

FLAU has a 0.09% expense ratio, which is lower than ADVE's 0.79% expense ratio.

Dividends

FLAU vs. ADVE - Dividend Comparison

FLAU's dividend yield for the trailing twelve months is around 3.05%, more than ADVE's 2.19% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
ADVE Matthews Asia Dividend Active ETF	2.19%	2.97%	6.00%	0.37%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FLAU Franklin FTSE Australia ETF	3.05%	3.25%	3.37%	3.62%	5.91%	5.14%	2.18%	4.37%	4.34%	0.18%

Frequently Asked Questions

Can I hold both FLAU and ADVE in my portfolio?

FLAU and ADVE have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FLAU or ADVE?

ADVE has higher volatility (6.54%) compared to FLAU (4.42%). In terms of maximum drawdown, FLAU dropped -45.73% vs ADVE's -18.41%.

Which ETF is better, FLAU or ADVE?

On 1-year performance, ADVE leads with 32.34% vs 17.47% for FLAU. On fees, FLAU is cheaper at 0.09% per year. On volatility, FLAU has been the lower-risk option at 4.42%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FLAU or ADVE?

Over the 1-year period, ADVE has performed better with a 32.34% return vs 17.47%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FLAU or ADVE?

FLAU is cheaper with a 0.09% expense ratio, compared with 0.79% for ADVE.

Which ETF pays a higher dividend yield, FLAU or ADVE?

FLAU has the higher dividend yield at 3.05%, compared with 2.19% for ADVE.

What is the main difference between FLAU and ADVE?

FLAU is categorized as Australia Equities, while ADVE is Asia Pacific Equities. They also come from different issuers: Franklin Templeton and Matthews. Their fees differ too: 0.09% for FLAU and 0.79% for ADVE.

Which has better risk-adjusted returns?

ADVE currently has the higher Sharpe Ratio (1.66 vs 1.02), 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.