PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
FLAU vs. VOO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

FLAU vs. VOO

Last updated Jun 14, 2026

FLAU (Franklin FTSE Australia ETF) and VOO (Vanguard S&P 500 ETF) are both exchange-traded funds - FLAU is a Asia Pacific Equities fund tracking the FTSE Australia RIC Capped Index, while VOO is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 5 years, FLAU returned 6.14%/yr vs 13.43%/yr for VOO. A 0.68 correlation means they provide meaningful diversification when combined. FLAU charges 0.09%/yr vs 0.03%/yr for VOO.

Performance

FLAU vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin FTSE Australia ETF (FLAU) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, FLAU achieves a 11.38% return, which is significantly higher than VOO's 9.08% return.

FLAU

1D
1.00%
1M
0.48%
YTD
11.38%
6M
12.15%
1Y
16.49%
3Y*
12.52%
5Y*
6.14%
10Y*
—

VOO

1D
0.55%
1M
-0.84%
YTD
9.08%
6M
9.44%
1Y
25.76%
3Y*
20.95%
5Y*
13.43%
10Y*
15.50%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FLAU vs. VOO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
FLAU
Franklin FTSE Australia ETF		11.38%15.95%1.81%12.58%-5.58%9.90%11.00%23.38%-10.17%1.89%
VOO
Vanguard S&P 500 ETF		9.08%17.82%24.98%26.32%-18.17%28.79%18.32%31.37%-4.50%3.81%

Correlation

The correlation between FLAU and VOO is 0.68, 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

0.68

Correlation (3Y)
Calculated over the trailing 3-year period

0.66

Correlation (5Y)
Calculated over the trailing 5-year period

0.70

Correlation (All Time)
Calculated using the full available price history since Nov 6, 2017

0.68

The correlation between FLAU and VOO has been stable across timeframes, ranging from 0.66 to 0.70 - a consistent structural relationship.

FLAU vs. VOO - Sectors Allocation Comparison

Sectors
FLAU
VOO

Financial Services

37.1%
11.6%

Basic Materials

26.6%
1.8%

Consumer Cyclical

6.6%
10.1%

Real Estate

6.0%
1.9%

Industrials

5.6%
8.0%

Energy

4.8%
3.5%

Healthcare

4.3%
8.5%

Consumer Defensive

3.7%
4.9%

Communication Services

1.9%
11.1%

Technology

1.8%
35.6%

Utilities

1.6%
2.8%

Financial Services

FLAU
37.1%
VOO
11.6%

Basic Materials

FLAU
26.6%
VOO
1.8%

Consumer Cyclical

FLAU
6.6%
VOO
10.1%

Real Estate

FLAU
6.0%
VOO
1.9%

Industrials

FLAU
5.6%
VOO
8.0%

Energy

FLAU
4.8%
VOO
3.5%

Healthcare

FLAU
4.3%
VOO
8.5%

Consumer Defensive

FLAU
3.7%
VOO
4.9%

Communication Services

FLAU
1.9%
VOO
11.1%

Technology

FLAU
1.8%
VOO
35.6%

Utilities

FLAU
1.6%
VOO
2.8%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Franklin FTSE Australia ETF

Vanguard S&P 500 ETF

Often compared with FLAU:
FLAU vs. EWAFLAU vs. FLBRFLAU vs. FLGBFLAU vs. EPIFLAU vs. PEYFLAU vs. BCDFLAU vs. QQQ
Often compared with VOO:
VOO vs. VTIVOO vs. QQQVOO vs. SCHDVOO vs. VTVOO vs. SPYVOO vs. FXAIXVOO vs. IVV

Return for Risk

FLAU vs. VOO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FLAU
FLAU Risk / Return Rank: 3030
Overall Rank
FLAU Sharpe Ratio Rank: 2727
Sharpe Ratio Rank
FLAU Sortino Ratio Rank: 2727
Sortino Ratio Rank
FLAU Omega Ratio Rank: 2626
Omega Ratio Rank
FLAU Calmar Ratio Rank: 3434
Calmar Ratio Rank
FLAU Martin Ratio Rank: 3434
Martin Ratio Rank
VOO
VOO Risk / Return Rank: 7070
Overall Rank
VOO Sharpe Ratio Rank: 7171
Sharpe Ratio Rank
VOO Sortino Ratio Rank: 6969
Sortino Ratio Rank
VOO Omega Ratio Rank: 7171
Omega Ratio Rank
VOO Calmar Ratio Rank: 6363
Calmar Ratio Rank
VOO Martin Ratio Rank: 7676
Martin Ratio Rank
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.

FLAU vs. VOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Australia ETF (FLAU) and Vanguard S&P 500 ETF (VOO). 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.

FLAUVOODifference
Sharpe ratioReturn per unit of total volatility
0.88
1.99

-1.12

Sortino ratioReturn per unit of downside risk
1.30
2.70

-1.40

Omega ratioGain probability vs. loss probability

1.16

1.36

-0.20

Calmar ratioReturn relative to maximum drawdown

1.50

2.75

-1.25

Martin ratioReturn relative to average drawdown

4.50

12.42

-7.92

FLAU vs. VOO - Sharpe Ratio Comparison

The current FLAU Sharpe Ratio is 0.88, which is lower than the VOO Sharpe Ratio of 1.99. The chart below compares the historical Sharpe Ratios of FLAU and VOO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

FLAU vs. VOO - Drawdown Comparison

The maximum FLAU drawdown since its inception was -45.73%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FLAU and VOO.

Loading charts...

Drawdown Indicators

FLAUVOODifference

Max Drawdown

Largest peak-to-trough decline

-45.73%

-33.99%

-11.74%

Max Drawdown (1Y)

Largest decline over 1 year

-10.01%

-8.90%

-1.11%

Max Drawdown (3Y)

Largest decline over 3 years

-22.03%

-18.69%

-3.34%

Max Drawdown (5Y)

Largest decline over 5 years

-24.68%

-24.52%

-0.16%

Max Drawdown (10Y)

Largest decline over 10 years

—

-33.99%

—

Current Drawdown

Current decline from peak

-2.31%

-2.34%

+0.03%

Average Drawdown

Average peak-to-trough decline

-6.78%

-3.68%

-3.10%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.34%

1.97%

+1.37%

Volatility

FLAU vs. VOO - Volatility Comparison

Franklin FTSE Australia ETF (FLAU) has a higher volatility of 5.83% compared to Vanguard S&P 500 ETF (VOO) at 4.34%. This indicates that FLAU's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

FLAUVOODifference

Volatility (1M)

Calculated over the trailing 1-month period

5.83%

4.34%

+1.49%

Volatility (6M)

Calculated over the trailing 6-month period

14.31%

9.58%

+4.73%

Volatility (1Y)

Calculated over the trailing 1-year period

17.15%

12.27%

+4.88%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.68%

16.88%

+2.80%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

23.59%

18.03%

+5.56%

FLAU vs. VOO - Expense Ratio Comparison

FLAU has a 0.09% expense ratio, which is higher than VOO's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

FLAU vs. VOO - Dividend Comparison

FLAU's dividend yield for the trailing twelve months is around 2.92%, more than VOO's 1.05% yield.

PositionTTM20252024202320222021202020192018201720162015
FLAU
Franklin FTSE Australia ETF		2.92%3.25%3.37%3.62%5.91%5.14%2.18%4.37%4.34%0.18%0.00%0.00%
VOO
Vanguard S&P 500 ETF		1.05%1.13%1.24%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%

Frequently Asked Questions

FLAU and VOO have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

FLAU has higher volatility (5.83%) compared to VOO (4.34%). In terms of maximum drawdown, FLAU dropped -45.73% vs VOO's -33.99%.

On 5-year performance, VOO leads with 13.43% vs 6.14% for FLAU. On fees, VOO is cheaper at 0.03% per year. On volatility, VOO has been the lower-risk option at 4.34%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, VOO has performed better with a 13.43% return vs 6.14%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

VOO is cheaper with a 0.03% expense ratio, compared with 0.09% for FLAU.

FLAU has the higher dividend yield at 2.92%, compared with 1.05% for VOO.

FLAU is categorized as Asia Pacific Equities, while VOO is S&P 500. FLAU tracks FTSE Australia RIC Capped Index, while VOO tracks S&P 500 Index. They also come from different issuers: Franklin Templeton and Vanguard. Their fees differ too: 0.09% for FLAU and 0.03% for VOO.

VOO currently has the higher Sharpe Ratio (1.99 vs 0.88), 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.

Portfolio Optimizer

Find the right allocation for FLAU and VOO

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer