FLGB vs. EUFN
Compare and contrast key facts about Franklin FTSE United Kingdom ETF (FLGB) and iShares MSCI Europe Financials ETF (EUFN).
FLGB and EUFN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLGB is a passively managed fund by Franklin Templeton that tracks the performance of the FTSE UK RIC Capped Index. It was launched on Nov 2, 2017. EUFN is a passively managed fund by iShares that tracks the performance of the MSCI Europe Financials Index. It was launched on Jan 20, 2010. Both FLGB and EUFN 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: FLGB or EUFN.
Key characteristics
| FLGB | EUFN | |
|---|---|---|
| YTD Return | 12.51% | 19.79% |
| 1Y Return | 22.88% | 35.76% |
| 3Y Return (Ann) | 6.89% | 10.11% |
| 5Y Return (Ann) | 6.46% | 9.48% |
| Sharpe Ratio | 1.86 | 2.44 |
| Sortino Ratio | 2.61 | 3.16 |
| Omega Ratio | 1.31 | 1.41 |
| Calmar Ratio | 2.97 | 4.48 |
| Martin Ratio | 11.57 | 14.71 |
| Ulcer Index | 1.96% | 2.49% |
| Daily Std Dev | 12.16% | 15.00% |
| Max Drawdown | -42.61% | -53.25% |
| Current Drawdown | -3.93% | -2.88% |
Correlation
The correlation between FLGB and EUFN is 0.80, 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
FLGB vs. EUFN - Performance Comparison
In the year-to-date period, FLGB achieves a 12.51% return, which is significantly lower than EUFN's 19.79% 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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FLGB vs. EUFN - Expense Ratio Comparison
FLGB has a 0.09% expense ratio, which is lower than EUFN's 0.48% expense ratio.
Risk-Adjusted Performance
FLGB vs. EUFN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE United Kingdom ETF (FLGB) and iShares MSCI Europe Financials ETF (EUFN). 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
FLGB vs. EUFN - Dividend Comparison
FLGB's dividend yield for the trailing twelve months is around 4.17%, less than EUFN's 4.50% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLGB Franklin FTSE United Kingdom ETF | 4.17% | 3.95% | 4.24% | 2.93% | 2.67% | 4.30% | 3.92% | 0.44% | 0.00% | 0.00% | 0.00% | 0.00% |
EUFN iShares MSCI Europe Financials ETF | 4.50% | 5.00% | 4.23% | 4.15% | 1.38% | 4.55% | 6.48% | 3.04% | 4.03% | 3.65% | 3.35% | 1.59% |
Drawdowns
FLGB vs. EUFN - Drawdown Comparison
The maximum FLGB drawdown since its inception was -42.61%, smaller than the maximum EUFN drawdown of -53.25%. Use the drawdown chart below to compare losses from any high point for FLGB and EUFN. For additional features, visit the drawdowns tool.
Volatility
FLGB vs. EUFN - Volatility Comparison
The current volatility for Franklin FTSE United Kingdom ETF (FLGB) is 3.52%, while iShares MSCI Europe Financials ETF (EUFN) has a volatility of 3.74%. This indicates that FLGB experiences smaller price fluctuations and is considered to be less risky than EUFN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.