Correlation
The correlation between FLCA and OPI is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
FLCA vs. OPI
Compare and contrast key facts about Franklin FTSE Canada ETF (FLCA) and Office Properties Income Trust (OPI).
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 OPI.
Performance
FLCA vs. OPI - Performance Comparison
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Key characteristics
FLCA:
1.41
OPI:
-1.00
FLCA:
1.75
OPI:
-3.06
FLCA:
1.24
OPI:
0.66
FLCA:
1.63
OPI:
-0.90
FLCA:
6.61
OPI:
-1.64
FLCA:
3.11%
OPI:
54.96%
FLCA:
16.91%
OPI:
89.17%
FLCA:
-41.51%
OPI:
-99.59%
FLCA:
-0.10%
OPI:
-99.53%
Returns By Period
In the year-to-date period, FLCA achieves a 11.07% return, which is significantly higher than OPI's -78.12% return.
FLCA
11.07%
5.15%
5.55%
23.41%
8.97%
15.26%
N/A
OPI
-78.12%
-45.30%
-85.98%
-89.23%
-76.48%
-58.02%
-39.34%
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Risk-Adjusted Performance
FLCA vs. OPI — Risk-Adjusted Performance Rank
FLCA
OPI
FLCA vs. OPI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Canada ETF (FLCA) and Office Properties Income Trust (OPI). 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. OPI - Dividend Comparison
FLCA's dividend yield for the trailing twelve months is around 2.25%, less than OPI's 19.05% 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% |
OPI Office Properties Income Trust | 19.05% | 4.00% | 17.76% | 16.48% | 8.86% | 9.68% | 6.85% | 25.04% | 9.28% | 9.02% | 10.84% | 7.54% |
Drawdowns
FLCA vs. OPI - Drawdown Comparison
The maximum FLCA drawdown since its inception was -41.51%, smaller than the maximum OPI drawdown of -99.59%. Use the drawdown chart below to compare losses from any high point for FLCA and OPI.
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Volatility
FLCA vs. OPI - Volatility Comparison
The current volatility for Franklin FTSE Canada ETF (FLCA) is 2.24%, while Office Properties Income Trust (OPI) has a volatility of 28.87%. This indicates that FLCA experiences smaller price fluctuations and is considered to be less risky than OPI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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