FLEU vs. FLEE
Compare and contrast key facts about Franklin FTSE Eurozone ETF (FLEU) and Franklin FTSE Europe ETF (FLEE).
FLEU and FLEE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLEU is a passively managed fund by Franklin that tracks the performance of the FTSE Developed Eurozone Index - Benchmark TR Net. It was launched on Nov 2, 2017. 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. Both FLEU and FLEE 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: FLEU or FLEE.
Key characteristics
| FLEU | FLEE | |
|---|---|---|
| YTD Return | 9.10% | 10.81% |
| 1Y Return | 19.14% | 20.45% |
| 3Y Return (Ann) | 6.54% | 5.06% |
| 5Y Return (Ann) | 8.68% | 8.62% |
| Sharpe Ratio | 1.27 | 1.52 |
| Daily Std Dev | 14.45% | 12.83% |
| Max Drawdown | -87.49% | -37.27% |
| Current Drawdown | -73.86% | -1.45% |
Correlation
The correlation between FLEU and FLEE is 0.75, 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
FLEU vs. FLEE - Performance Comparison
In the year-to-date period, FLEU achieves a 9.10% return, which is significantly lower than FLEE's 10.81% 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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FLEU vs. FLEE - Expense Ratio Comparison
Both FLEU and FLEE 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
FLEU vs. FLEE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Eurozone ETF (FLEU) and Franklin FTSE Europe ETF (FLEE). 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
FLEU vs. FLEE - Dividend Comparison
FLEU's dividend yield for the trailing twelve months is around 3.44%, more than FLEE's 3.27% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
FLEU Franklin FTSE Eurozone ETF | 3.44% | 3.25% | 21.46% | 3.03% | 1.94% | 6.06% | 12.17% | 0.07% |
FLEE Franklin FTSE Europe ETF | 3.27% | 2.57% | 3.48% | 3.61% | 1.88% | 3.02% | 3.85% | 0.02% |
Drawdowns
FLEU vs. FLEE - Drawdown Comparison
The maximum FLEU drawdown since its inception was -87.49%, which is greater than FLEE's maximum drawdown of -37.27%. Use the drawdown chart below to compare losses from any high point for FLEU and FLEE. For additional features, visit the drawdowns tool.
Volatility
FLEU vs. FLEE - Volatility Comparison
Franklin FTSE Eurozone ETF (FLEU) and Franklin FTSE Europe ETF (FLEE) have volatilities of 3.81% and 3.69%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.