FLCH vs. VWO
Compare and contrast key facts about Franklin FTSE China ETF (FLCH) and Vanguard FTSE Emerging Markets ETF (VWO).
FLCH and VWO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLCH is a passively managed fund by Franklin Templeton that tracks the performance of the FTSE China RIC Capped Index. It was launched on Nov 2, 2017. VWO is a passively managed fund by Vanguard that tracks the performance of the FTSE Emerging Index. It was launched on Mar 4, 2005. Both FLCH and VWO 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: FLCH or VWO.
Key characteristics
| FLCH | VWO | |
|---|---|---|
| YTD Return | 22.96% | 14.73% |
| 1Y Return | 20.96% | 23.16% |
| 3Y Return (Ann) | -7.45% | 0.04% |
| 5Y Return (Ann) | -1.61% | 4.74% |
| Sharpe Ratio | 0.63 | 1.48 |
| Sortino Ratio | 1.11 | 2.13 |
| Omega Ratio | 1.14 | 1.27 |
| Calmar Ratio | 0.32 | 0.88 |
| Martin Ratio | 1.92 | 8.41 |
| Ulcer Index | 10.05% | 2.62% |
| Daily Std Dev | 30.71% | 14.87% |
| Max Drawdown | -62.09% | -67.68% |
| Current Drawdown | -44.59% | -7.65% |
Correlation
The correlation between FLCH and VWO is 0.88, 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.
Performance
FLCH vs. VWO - Performance Comparison
In the year-to-date period, FLCH achieves a 22.96% return, which is significantly higher than VWO's 14.73% 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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FLCH vs. VWO - Expense Ratio Comparison
FLCH has a 0.19% expense ratio, which is higher than VWO's 0.08% 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
FLCH vs. VWO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE China ETF (FLCH) and Vanguard FTSE Emerging Markets ETF (VWO). 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
FLCH vs. VWO - Dividend Comparison
FLCH's dividend yield for the trailing twelve months is around 2.49%, less than VWO's 2.58% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLCH Franklin FTSE China ETF | 2.49% | 3.46% | 2.69% | 1.49% | 0.91% | 1.98% | 1.93% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VWO Vanguard FTSE Emerging Markets ETF | 2.58% | 3.52% | 4.11% | 2.63% | 1.91% | 3.24% | 2.88% | 2.30% | 2.52% | 3.26% | 2.86% | 2.73% |
Drawdowns
FLCH vs. VWO - Drawdown Comparison
The maximum FLCH drawdown since its inception was -62.09%, smaller than the maximum VWO drawdown of -67.68%. Use the drawdown chart below to compare losses from any high point for FLCH and VWO. For additional features, visit the drawdowns tool.
Volatility
FLCH vs. VWO - Volatility Comparison
Franklin FTSE China ETF (FLCH) has a higher volatility of 12.06% compared to Vanguard FTSE Emerging Markets ETF (VWO) at 4.90%. This indicates that FLCH's price experiences larger fluctuations and is considered to be riskier than VWO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.