FLEE vs. FLEH
Compare and contrast key facts about Franklin FTSE Europe ETF (FLEE) and Franklin FTSE Europe Hedged ETF (FLEH).
FLEE and FLEH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLEE is a passively managed fund by Franklin Templeton that tracks the performance of the FTSE Developed Europe RIC Capped Index. It was launched on Nov 2, 2017. FLEH is a passively managed fund by Franklin Templeton that tracks the performance of the FTSE Developed Europe RIC Capped Index. It was launched on Nov 2, 2017. Both FLEE and FLEH 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: FLEE or FLEH.
Correlation
The correlation between FLEE and FLEH is 0.71, 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
FLEE vs. FLEH - Performance Comparison
Key characteristics
Returns By Period
FLEE
10.46%
-2.30%
2.29%
7.37%
14.65%
N/A
FLEH
N/A
N/A
N/A
N/A
N/A
N/A
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FLEE vs. FLEH - Expense Ratio Comparison
Both FLEE and FLEH have an expense ratio of 0.09%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
FLEE vs. FLEH — Risk-Adjusted Performance Rank
FLEE
FLEH
FLEE vs. FLEH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Europe ETF (FLEE) and Franklin FTSE Europe Hedged ETF (FLEH). 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
FLEE vs. FLEH - Dividend Comparison
FLEE's dividend yield for the trailing twelve months is around 3.56%, while FLEH has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
FLEE Franklin FTSE Europe ETF | 3.56% | 3.93% | 2.57% | 3.48% | 3.60% | 1.88% | 3.02% | 3.85% | 0.02% |
FLEH Franklin FTSE Europe Hedged ETF | 0.00% | 1.88% | 3.25% | 1.84% | 3.03% | 1.94% | 6.06% | 12.17% | 0.07% |
Drawdowns
FLEE vs. FLEH - Drawdown Comparison
Volatility
FLEE vs. FLEH - Volatility Comparison
Franklin FTSE Europe ETF (FLEE) has a higher volatility of 4.40% compared to Franklin FTSE Europe Hedged ETF (FLEH) at 0.00%. This indicates that FLEE's price experiences larger fluctuations and is considered to be riskier than FLEH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.