FLAX vs. VGT
Compare and contrast key facts about Franklin FTSE Asia ex Japan ETF (FLAX) and Vanguard Information Technology ETF (VGT).
FLAX and VGT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLAX is a passively managed fund by Franklin Templeton that tracks the performance of the FTSE Asia ex Japan RIC Capped Index. It was launched on Feb 6, 2018. VGT is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Information Technology 25/50 Index. It was launched on Jan 26, 2004. Both FLAX and VGT 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: FLAX or VGT.
Key characteristics
| FLAX | VGT | |
|---|---|---|
| YTD Return | 2.80% | 4.37% |
| 1Y Return | 7.12% | 33.52% |
| 3Y Return (Ann) | -7.16% | 10.11% |
| 5Y Return (Ann) | 1.97% | 19.92% |
| Sharpe Ratio | 0.56 | 1.98 |
| Daily Std Dev | 15.11% | 18.20% |
| Max Drawdown | -42.51% | -54.63% |
| Current Drawdown | -25.52% | -4.72% |
Correlation
The correlation between FLAX and VGT is 0.62, 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
FLAX vs. VGT - Performance Comparison
In the year-to-date period, FLAX achieves a 2.80% return, which is significantly lower than VGT's 4.37% 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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FLAX vs. VGT - Expense Ratio Comparison
FLAX has a 0.19% expense ratio, which is higher than VGT's 0.10% 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%.
Risk-Adjusted Performance
FLAX vs. VGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Asia ex Japan ETF (FLAX) and Vanguard Information Technology ETF (VGT). 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
FLAX vs. VGT - Dividend Comparison
FLAX's dividend yield for the trailing twelve months is around 2.14%, more than VGT's 0.72% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLAX Franklin FTSE Asia ex Japan ETF | 2.14% | 2.20% | 2.86% | 2.37% | 1.57% | 2.23% | 2.35% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VGT Vanguard Information Technology ETF | 0.72% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% | 1.05% |
Drawdowns
FLAX vs. VGT - Drawdown Comparison
The maximum FLAX drawdown since its inception was -42.51%, smaller than the maximum VGT drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for FLAX and VGT. For additional features, visit the drawdowns tool.
Volatility
FLAX vs. VGT - Volatility Comparison
The current volatility for Franklin FTSE Asia ex Japan ETF (FLAX) is 4.28%, while Vanguard Information Technology ETF (VGT) has a volatility of 5.97%. This indicates that FLAX experiences smaller price fluctuations and is considered to be less risky than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.