FLEE vs. NOBL
Compare and contrast key facts about Franklin FTSE Europe ETF (FLEE) and ProShares S&P 500 Dividend Aristocrats ETF (NOBL).
FLEE and NOBL 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. NOBL is a passively managed fund by ProShares that tracks the performance of the S&P 500 Dividend Aristocrats Index. It was launched on Oct 9, 2013. Both FLEE and NOBL 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 NOBL.
Key characteristics
| FLEE | NOBL | |
|---|---|---|
| YTD Return | 3.65% | 13.00% |
| 1Y Return | 14.49% | 24.12% |
| 3Y Return (Ann) | 1.75% | 5.45% |
| 5Y Return (Ann) | 6.46% | 9.81% |
| Sharpe Ratio | 1.15 | 2.32 |
| Sortino Ratio | 1.66 | 3.27 |
| Omega Ratio | 1.20 | 1.41 |
| Calmar Ratio | 1.65 | 2.49 |
| Martin Ratio | 5.87 | 10.65 |
| Ulcer Index | 2.54% | 2.25% |
| Daily Std Dev | 12.90% | 10.37% |
| Max Drawdown | -37.27% | -35.43% |
| Current Drawdown | -9.02% | -1.79% |
Correlation
The correlation between FLEE and NOBL is 0.68, 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.
Performance
FLEE vs. NOBL - Performance Comparison
In the year-to-date period, FLEE achieves a 3.65% return, which is significantly lower than NOBL's 13.00% 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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FLEE vs. NOBL - Expense Ratio Comparison
FLEE has a 0.09% expense ratio, which is lower than NOBL's 0.35% expense ratio.
Risk-Adjusted Performance
FLEE vs. NOBL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Europe ETF (FLEE) and ProShares S&P 500 Dividend Aristocrats ETF (NOBL). 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. NOBL - Dividend Comparison
FLEE's dividend yield for the trailing twelve months is around 3.50%, more than NOBL's 1.99% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLEE Franklin FTSE Europe ETF | 3.50% | 2.57% | 3.48% | 3.60% | 1.88% | 3.02% | 3.85% | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% |
NOBL ProShares S&P 500 Dividend Aristocrats ETF | 1.99% | 2.09% | 1.94% | 1.89% | 2.14% | 1.89% | 2.37% | 1.74% | 2.13% | 2.02% | 1.60% | 0.30% |
Drawdowns
FLEE vs. NOBL - Drawdown Comparison
The maximum FLEE drawdown since its inception was -37.27%, which is greater than NOBL's maximum drawdown of -35.43%. Use the drawdown chart below to compare losses from any high point for FLEE and NOBL. For additional features, visit the drawdowns tool.
Volatility
FLEE vs. NOBL - Volatility Comparison
Franklin FTSE Europe ETF (FLEE) has a higher volatility of 4.47% compared to ProShares S&P 500 Dividend Aristocrats ETF (NOBL) at 2.94%. This indicates that FLEE's price experiences larger fluctuations and is considered to be riskier than NOBL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.