FLGB vs. EWU
Compare and contrast key facts about Franklin FTSE United Kingdom ETF (FLGB) and iShares MSCI United Kingdom ETF (EWU).
FLGB and EWU 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. EWU is a passively managed fund by iShares that tracks the performance of the MSCI United Kingdom Index. It was launched on Mar 12, 1996. Both FLGB and EWU 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 EWU.
Correlation
The correlation between FLGB and EWU is 0.94, 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. EWU - Performance Comparison
Key characteristics
FLGB:
0.66
EWU:
0.67
FLGB:
0.96
EWU:
0.97
FLGB:
1.11
EWU:
1.12
FLGB:
0.86
EWU:
0.92
FLGB:
2.91
EWU:
2.68
FLGB:
2.76%
EWU:
3.00%
FLGB:
12.19%
EWU:
12.02%
FLGB:
-42.61%
EWU:
-63.99%
FLGB:
-9.32%
EWU:
-8.69%
Returns By Period
The year-to-date returns for both stocks are quite close, with FLGB having a 6.20% return and EWU slightly lower at 6.08%.
FLGB
6.20%
-2.85%
-1.58%
6.90%
4.24%
N/A
EWU
6.08%
-1.02%
-2.04%
6.86%
3.87%
3.15%
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FLGB vs. EWU - Expense Ratio Comparison
FLGB has a 0.09% expense ratio, which is lower than EWU's 0.50% expense ratio.
Risk-Adjusted Performance
FLGB vs. EWU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE United Kingdom ETF (FLGB) and iShares MSCI United Kingdom ETF (EWU). 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. EWU - Dividend Comparison
FLGB's dividend yield for the trailing twelve months is around 2.45%, less than EWU's 4.18% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Franklin FTSE United Kingdom ETF | 2.45% | 3.95% | 4.24% | 2.93% | 2.67% | 4.30% | 3.92% | 0.44% | 0.00% | 0.00% | 0.00% | 0.00% |
iShares MSCI United Kingdom ETF | 4.18% | 4.14% | 3.42% | 4.35% | 2.48% | 4.13% | 4.98% | 3.91% | 3.97% | 4.11% | 7.59% | 2.39% |
Drawdowns
FLGB vs. EWU - Drawdown Comparison
The maximum FLGB drawdown since its inception was -42.61%, smaller than the maximum EWU drawdown of -63.99%. Use the drawdown chart below to compare losses from any high point for FLGB and EWU. For additional features, visit the drawdowns tool.
Volatility
FLGB vs. EWU - Volatility Comparison
Franklin FTSE United Kingdom ETF (FLGB) has a higher volatility of 3.96% compared to iShares MSCI United Kingdom ETF (EWU) at 3.52%. This indicates that FLGB's price experiences larger fluctuations and is considered to be riskier than EWU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.