Correlation
The correlation between FLCA and ABT is 0.54, 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.
FLCA vs. ABT
Compare and contrast key facts about Franklin FTSE Canada ETF (FLCA) and Abbott Laboratories (ABT).
FLCA is a passively managed fund by Franklin Templeton that tracks the performance of the FTSE Canada RIC Capped Index. It was launched on Nov 2, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLCA or ABT.
Performance
FLCA vs. ABT - Performance Comparison
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Key characteristics
FLCA:
1.41
ABT:
1.66
FLCA:
1.75
ABT:
2.11
FLCA:
1.24
ABT:
1.27
FLCA:
1.63
ABT:
1.19
FLCA:
6.61
ABT:
7.04
FLCA:
3.11%
ABT:
4.31%
FLCA:
16.91%
ABT:
20.99%
FLCA:
-41.51%
ABT:
-45.66%
FLCA:
-0.10%
ABT:
-4.82%
Returns By Period
In the year-to-date period, FLCA achieves a 11.07% return, which is significantly lower than ABT's 18.62% return.
FLCA
11.07%
5.15%
5.55%
23.41%
8.97%
15.26%
N/A
ABT
18.62%
1.80%
12.79%
34.54%
6.48%
8.87%
12.62%
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Risk-Adjusted Performance
FLCA vs. ABT — Risk-Adjusted Performance Rank
FLCA
ABT
FLCA vs. ABT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Canada ETF (FLCA) and Abbott Laboratories (ABT). 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.
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Dividends
FLCA vs. ABT - Dividend Comparison
FLCA's dividend yield for the trailing twelve months is around 2.25%, more than ABT's 1.72% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLCA Franklin FTSE Canada ETF | 2.25% | 2.50% | 2.49% | 2.20% | 2.03% | 2.50% | 2.29% | 3.02% | 0.09% | 0.00% | 0.00% | 0.00% |
ABT Abbott Laboratories | 1.72% | 1.95% | 1.85% | 1.71% | 1.28% | 1.32% | 1.47% | 1.55% | 1.86% | 2.71% | 2.14% | 1.95% |
Drawdowns
FLCA vs. ABT - Drawdown Comparison
The maximum FLCA drawdown since its inception was -41.51%, smaller than the maximum ABT drawdown of -45.66%. Use the drawdown chart below to compare losses from any high point for FLCA and ABT.
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Volatility
FLCA vs. ABT - Volatility Comparison
The current volatility for Franklin FTSE Canada ETF (FLCA) is 2.24%, while Abbott Laboratories (ABT) has a volatility of 5.65%. This indicates that FLCA experiences smaller price fluctuations and is considered to be less risky than ABT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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