FLGB vs. FLAU
Compare and contrast key facts about Franklin FTSE United Kingdom ETF (FLGB) and Franklin FTSE Australia ETF (FLAU).
FLGB and FLAU 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. FLAU is a passively managed fund by Franklin Templeton that tracks the performance of the FTSE Australia RIC Capped Index. It was launched on Nov 2, 2017. Both FLGB and FLAU 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 FLAU.
Performance
FLGB vs. FLAU - Performance Comparison
Returns By Period
The year-to-date returns for both investments are quite close, with FLGB having a 9.78% return and FLAU slightly higher at 10.17%.
FLGB
9.78%
-3.61%
0.64%
16.06%
5.93%
N/A
FLAU
10.17%
-0.12%
8.86%
22.72%
8.04%
N/A
Key characteristics
| FLGB | FLAU | |
|---|---|---|
| Sharpe Ratio | 1.29 | 1.31 |
| Sortino Ratio | 1.82 | 1.91 |
| Omega Ratio | 1.22 | 1.23 |
| Calmar Ratio | 2.13 | 1.88 |
| Martin Ratio | 6.66 | 7.08 |
| Ulcer Index | 2.37% | 3.15% |
| Daily Std Dev | 12.18% | 16.96% |
| Max Drawdown | -42.61% | -45.73% |
| Current Drawdown | -6.26% | -3.58% |
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FLGB vs. FLAU - Expense Ratio Comparison
Both FLGB and FLAU 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%.
Correlation
The correlation between FLGB and FLAU is 0.76, 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.
Risk-Adjusted Performance
FLGB vs. FLAU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE United Kingdom ETF (FLGB) and Franklin FTSE Australia ETF (FLAU). 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. FLAU - Dividend Comparison
FLGB's dividend yield for the trailing twelve months is around 4.27%, more than FLAU's 2.89% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
FLGB Franklin FTSE United Kingdom ETF | 4.27% | 3.95% | 4.24% | 2.93% | 2.67% | 4.30% | 3.92% | 0.44% |
FLAU Franklin FTSE Australia ETF | 2.89% | 3.62% | 5.91% | 5.14% | 2.18% | 4.37% | 4.35% | 0.18% |
Drawdowns
FLGB vs. FLAU - Drawdown Comparison
The maximum FLGB drawdown since its inception was -42.61%, smaller than the maximum FLAU drawdown of -45.73%. Use the drawdown chart below to compare losses from any high point for FLGB and FLAU. For additional features, visit the drawdowns tool.
Volatility
FLGB vs. FLAU - Volatility Comparison
The current volatility for Franklin FTSE United Kingdom ETF (FLGB) is 3.71%, while Franklin FTSE Australia ETF (FLAU) has a volatility of 4.92%. This indicates that FLGB experiences smaller price fluctuations and is considered to be less risky than FLAU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.