FLBR vs. OTGL

Last updated Apr 3, 2026

Compare and contrast key facts about Franklin FTSE Brazil ETF (FLBR) and OTG Latin America ETF (OTGL).

FLBR and OTGL 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. OTGL is a passively managed fund by OTG that tracks the performance of the Actively Managed. It was launched on May 7, 2019. Both FLBR and OTGL 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. OTGL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin FTSE Brazil ETF (FLBR) and OTG Latin America ETF (OTGL). The values are adjusted to include any dividend payments, if applicable.

FLBR vs. OTGL - Yearly Performance Comparison

	2026 (YTD)	2025
FLBR Franklin FTSE Brazil ETF	25.51%	18.19%
OTGL OTG Latin America ETF	9.18%	13.64%

Returns By Period

In the year-to-date period, FLBR achieves a 25.51% return, which is significantly higher than OTGL's 9.18% return.

FLBR

• 1D: -0.17%
• 1M: 5.28%
• YTD: 25.51%
• 6M: 35.30%
• 1Y: 55.36%
• 3Y*: 21.89%
• 5Y*: 12.78%
• 10Y*: —

OTGL

• 1D: 1.20%
• 1M: -2.71%
• YTD: 9.18%
• 6M: 17.67%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FLBR vs. OTGL - Expense Ratio Comparison

FLBR has a 0.19% expense ratio, which is lower than OTGL's 0.95% expense ratio.

OTGL

OTG Latin America ETF

FLBR

Franklin FTSE Brazil ETF

Return for Risk

FLBR vs. OTGL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FLBR

FLBR Risk / Return Rank: 91
FLBR Sharpe Ratio Rank: 91
FLBR Sortino Ratio Rank: 90
FLBR Omega Ratio Rank: 88
FLBR Calmar Ratio Rank: 96
FLBR Martin Ratio Rank: 90

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.

FLBR vs. OTGL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Brazil ETF (FLBR) and OTG Latin America ETF (OTGL). 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	OTGL	Difference
Sharpe ratio Return per unit of total volatility	2.14	—	—
Sortino ratio Return per unit of downside risk	2.70	—	—
Omega ratio Gain probability vs. loss probability	1.38	—	—
Calmar ratio Return relative to maximum drawdown	4.72	—	—
Martin ratio Return relative to average drawdown	13.25	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	FLBR	OTGL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.14	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.46	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.19	1.84	-1.65

Correlation

The correlation between FLBR and OTGL is 0.82, 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. OTGL - Dividend Comparison

FLBR's dividend yield for the trailing twelve months is around 6.14%, more than OTGL's 1.77% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FLBR Franklin FTSE Brazil ETF	6.14%	7.71%	7.68%	8.84%	11.99%	8.71%	2.32%	3.42%	3.72%	0.42%
OTGL OTG Latin America ETF	1.77%	1.89%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

FLBR vs. OTGL - Drawdown Comparison

The maximum FLBR drawdown since its inception was -57.42%, which is greater than OTGL's maximum drawdown of -13.52%. Use the drawdown chart below to compare losses from any high point for FLBR and OTGL.

Drawdown Indicators

	FLBR	OTGL	Difference
Max Drawdown Largest peak-to-trough decline	-57.42%	-13.52%	-43.90%
Max Drawdown (1Y) Largest decline over 1 year	-11.69%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-32.74%	—	—
Current Drawdown Current decline from peak	-1.60%	-5.91%	+4.31%
Average Drawdown Average peak-to-trough decline	-18.86%	-2.34%	-16.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.16%	—	—

Volatility

Volatility by Period

	FLBR	OTGL	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.20%	—	—
Volatility (6M) Calculated over the trailing 6-month period	19.87%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	26.02%	19.08%	+6.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.72%	19.08%	+8.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.22%	19.08%	+14.14%