FLAU vs. EWA
Compare and contrast key facts about Franklin FTSE Australia ETF (FLAU) and iShares MSCI-Australia ETF (EWA).
FLAU and EWA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLAU is a passively managed fund by Franklin Templeton that tracks the performance of the FTSE Australia RIC Capped Index. It was launched on Nov 2, 2017. EWA is a passively managed fund by iShares that tracks the performance of the MSCI Australia Index. It was launched on Mar 18, 1996. Both FLAU and EWA 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: FLAU or EWA.
Key characteristics
| FLAU | EWA | |
|---|---|---|
| YTD Return | 7.38% | 6.79% |
| 1Y Return | 23.80% | 23.41% |
| 3Y Return (Ann) | 4.23% | 4.12% |
| 5Y Return (Ann) | 7.36% | 6.64% |
| Sharpe Ratio | 1.42 | 1.41 |
| Sortino Ratio | 2.05 | 2.04 |
| Omega Ratio | 1.25 | 1.25 |
| Calmar Ratio | 1.65 | 1.67 |
| Martin Ratio | 8.04 | 7.85 |
| Ulcer Index | 3.04% | 3.06% |
| Daily Std Dev | 17.25% | 17.07% |
| Max Drawdown | -45.73% | -66.98% |
| Current Drawdown | -6.01% | -5.94% |
Correlation
The correlation between FLAU and EWA is 0.92, 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
FLAU vs. EWA - Performance Comparison
In the year-to-date period, FLAU achieves a 7.38% return, which is significantly higher than EWA's 6.79% 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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FLAU vs. EWA - Expense Ratio Comparison
FLAU has a 0.09% expense ratio, which is lower than EWA's 0.50% expense ratio.
Risk-Adjusted Performance
FLAU vs. EWA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Australia ETF (FLAU) and iShares MSCI-Australia ETF (EWA). 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
FLAU vs. EWA - Dividend Comparison
FLAU's dividend yield for the trailing twelve months is around 2.96%, less than EWA's 3.75% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLAU Franklin FTSE Australia ETF | 2.96% | 3.62% | 5.91% | 5.14% | 2.18% | 4.37% | 4.35% | 0.18% | 0.00% | 0.00% | 0.00% | 0.00% |
EWA iShares MSCI-Australia ETF | 3.75% | 3.72% | 5.28% | 5.08% | 2.02% | 3.97% | 6.11% | 4.44% | 4.03% | 5.48% | 4.92% | 4.69% |
Drawdowns
FLAU vs. EWA - Drawdown Comparison
The maximum FLAU drawdown since its inception was -45.73%, smaller than the maximum EWA drawdown of -66.98%. Use the drawdown chart below to compare losses from any high point for FLAU and EWA. For additional features, visit the drawdowns tool.
Volatility
FLAU vs. EWA - Volatility Comparison
Franklin FTSE Australia ETF (FLAU) and iShares MSCI-Australia ETF (EWA) have volatilities of 5.08% and 5.02%, 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.