FLBR vs. EWZ
Compare and contrast key facts about Franklin FTSE Brazil ETF (FLBR) and iShares MSCI Brazil ETF (EWZ).
FLBR and EWZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLBR is a passively managed fund by Franklin Templeton that tracks the performance of the FTSE Brazil RIC Capped Index. It was launched on Nov 3, 2017. EWZ is a passively managed fund by iShares that tracks the performance of the MSCI Brazil 25/50 Index. It was launched on Jul 10, 2000. Both FLBR and EWZ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
FLBR vs. EWZ - Performance Comparison
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FLBR vs. EWZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FLBR Franklin FTSE Brazil ETF | 25.72% | 45.57% | -27.58% | 33.19% | 10.44% | -16.78% | -20.13% | 28.47% | -2.13% | 2.27% |
EWZ iShares MSCI Brazil ETF | 20.77% | 48.81% | -30.41% | 32.62% | 12.09% | -17.32% | -20.35% | 27.67% | -2.52% | 1.29% |
Returns By Period
In the year-to-date period, FLBR achieves a 25.72% return, which is significantly higher than EWZ's 20.77% return.
FLBR
- 1D
- 0.25%
- 1M
- 0.42%
- YTD
- 25.72%
- 6M
- 33.59%
- 1Y
- 55.44%
- 3Y*
- 21.82%
- 5Y*
- 12.82%
- 10Y*
- —
EWZ
- 1D
- -0.05%
- 1M
- -0.70%
- YTD
- 20.77%
- 6M
- 29.87%
- 1Y
- 54.76%
- 3Y*
- 19.22%
- 5Y*
- 11.80%
- 10Y*
- 9.07%
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FLBR vs. EWZ - Expense Ratio Comparison
FLBR has a 0.19% expense ratio, which is lower than EWZ's 0.59% expense ratio.
Return for Risk
FLBR vs. EWZ — Risk / Return Rank
FLBR
EWZ
FLBR vs. EWZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Brazil ETF (FLBR) and iShares MSCI Brazil ETF (EWZ). 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.
| FLBR | EWZ | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.14 | 2.12 | +0.02 |
Sortino ratioReturn per unit of downside risk | 2.70 | 2.68 | +0.02 |
Omega ratioGain probability vs. loss probability | 1.38 | 1.37 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 4.85 | 4.94 | -0.09 |
Martin ratioReturn relative to average drawdown | 13.62 | 13.14 | +0.48 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FLBR | EWZ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.14 | 2.12 | +0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.46 | 0.43 | +0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.26 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.19 | 0.18 | +0.01 |
Correlation
The correlation between FLBR and EWZ is 0.97, 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.
Dividends
FLBR vs. EWZ - Dividend Comparison
FLBR's dividend yield for the trailing twelve months is around 6.13%, more than EWZ's 4.30% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLBR Franklin FTSE Brazil ETF | 6.13% | 7.71% | 7.68% | 8.84% | 11.99% | 8.71% | 2.32% | 3.42% | 3.72% | 0.42% | 0.00% | 0.00% |
EWZ iShares MSCI Brazil ETF | 4.30% | 5.19% | 8.91% | 5.66% | 12.59% | 9.87% | 1.71% | 2.54% | 2.89% | 1.71% | 1.81% | 4.08% |
Drawdowns
FLBR vs. EWZ - Drawdown Comparison
The maximum FLBR drawdown since its inception was -57.42%, smaller than the maximum EWZ drawdown of -77.25%. Use the drawdown chart below to compare losses from any high point for FLBR and EWZ.
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Drawdown Indicators
| FLBR | EWZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.42% | -77.25% | +19.83% |
Max Drawdown (1Y)Largest decline over 1 year | -11.69% | -11.44% | -0.25% |
Max Drawdown (5Y)Largest decline over 5 years | -32.74% | -32.24% | -0.50% |
Max Drawdown (10Y)Largest decline over 10 years | — | -56.99% | — |
Current DrawdownCurrent decline from peak | -1.44% | -15.89% | +14.45% |
Average DrawdownAverage peak-to-trough decline | -18.87% | -36.09% | +17.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.16% | 4.30% | -0.14% |
Volatility
FLBR vs. EWZ - Volatility Comparison
Franklin FTSE Brazil ETF (FLBR) and iShares MSCI Brazil ETF (EWZ) have volatilities of 11.31% and 11.12%, 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.
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Volatility by Period
| FLBR | EWZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.31% | 11.12% | +0.19% |
Volatility (6M)Calculated over the trailing 6-month period | 19.89% | 19.72% | +0.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.02% | 25.98% | +0.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.73% | 27.76% | -0.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.23% | 34.34% | -1.11% |