FLAU vs. QQQ
Compare and contrast key facts about Franklin FTSE Australia ETF (FLAU) and Invesco QQQ (QQQ).
FLAU and QQQ 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. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999. Both FLAU and QQQ 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 QQQ.
Key characteristics
| FLAU | QQQ | |
|---|---|---|
| YTD Return | 11.46% | 25.94% |
| 1Y Return | 28.03% | 38.64% |
| 3Y Return (Ann) | 4.96% | 9.61% |
| 5Y Return (Ann) | 8.06% | 21.45% |
| Sharpe Ratio | 1.67 | 2.22 |
| Sortino Ratio | 2.39 | 2.91 |
| Omega Ratio | 1.29 | 1.40 |
| Calmar Ratio | 1.87 | 2.86 |
| Martin Ratio | 9.54 | 10.42 |
| Ulcer Index | 2.99% | 3.72% |
| Daily Std Dev | 17.05% | 17.47% |
| Max Drawdown | -45.73% | -82.98% |
| Current Drawdown | -2.45% | 0.00% |
Correlation
The correlation between FLAU and QQQ is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FLAU vs. QQQ - Performance Comparison
In the year-to-date period, FLAU achieves a 11.46% return, which is significantly lower than QQQ's 25.94% 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. QQQ - Expense Ratio Comparison
FLAU has a 0.09% expense ratio, which is lower than QQQ's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
FLAU vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Australia ETF (FLAU) and Invesco QQQ (QQQ). 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. QQQ - Dividend Comparison
FLAU's dividend yield for the trailing twelve months is around 2.85%, more than QQQ's 0.59% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLAU Franklin FTSE Australia ETF | 2.85% | 3.62% | 5.91% | 5.14% | 2.18% | 4.37% | 4.35% | 0.18% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.59% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
FLAU vs. QQQ - Drawdown Comparison
The maximum FLAU drawdown since its inception was -45.73%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for FLAU and QQQ. For additional features, visit the drawdowns tool.
Volatility
FLAU vs. QQQ - Volatility Comparison
The current volatility for Franklin FTSE Australia ETF (FLAU) is 4.44%, while Invesco QQQ (QQQ) has a volatility of 5.18%. This indicates that FLAU experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.