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FLGB vs. HEDJ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FLGB and HEDJ is 0.74, 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.


-0.50.00.51.0
Correlation: 0.7

Performance

FLGB vs. HEDJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin FTSE United Kingdom ETF (FLGB) and WisdomTree Europe Hedged Equity Fund (HEDJ). The values are adjusted to include any dividend payments, if applicable.

30.00%40.00%50.00%60.00%70.00%80.00%NovemberDecember2025FebruaryMarchApril
48.80%
67.99%
FLGB
HEDJ

Key characteristics

Sharpe Ratio

FLGB:

1.19

HEDJ:

-0.02

Sortino Ratio

FLGB:

1.68

HEDJ:

0.07

Omega Ratio

FLGB:

1.20

HEDJ:

1.01

Calmar Ratio

FLGB:

1.69

HEDJ:

-0.03

Martin Ratio

FLGB:

4.50

HEDJ:

-0.06

Ulcer Index

FLGB:

3.29%

HEDJ:

5.41%

Daily Std Dev

FLGB:

12.44%

HEDJ:

14.29%

Max Drawdown

FLGB:

-42.61%

HEDJ:

-38.18%

Current Drawdown

FLGB:

-2.16%

HEDJ:

-7.40%

Returns By Period

In the year-to-date period, FLGB achieves a 8.97% return, which is significantly higher than HEDJ's 5.56% return.


FLGB

YTD

8.97%

1M

-1.18%

6M

3.77%

1Y

14.41%

5Y*

15.39%

10Y*

N/A

HEDJ

YTD

5.56%

1M

-5.82%

6M

5.77%

1Y

-0.40%

5Y*

16.42%

10Y*

6.75%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FLGB vs. HEDJ - Expense Ratio Comparison

FLGB has a 0.09% expense ratio, which is lower than HEDJ's 0.58% expense ratio.


HEDJ
WisdomTree Europe Hedged Equity Fund
Expense ratio chart for HEDJ: current value is 0.58%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
HEDJ: 0.58%
Expense ratio chart for FLGB: current value is 0.09%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FLGB: 0.09%

Risk-Adjusted Performance

FLGB vs. HEDJ — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FLGB
The Risk-Adjusted Performance Rank of FLGB is 8080
Overall Rank
The Sharpe Ratio Rank of FLGB is 8181
Sharpe Ratio Rank
The Sortino Ratio Rank of FLGB is 8080
Sortino Ratio Rank
The Omega Ratio Rank of FLGB is 7878
Omega Ratio Rank
The Calmar Ratio Rank of FLGB is 8585
Calmar Ratio Rank
The Martin Ratio Rank of FLGB is 7777
Martin Ratio Rank

HEDJ
The Risk-Adjusted Performance Rank of HEDJ is 1717
Overall Rank
The Sharpe Ratio Rank of HEDJ is 1818
Sharpe Ratio Rank
The Sortino Ratio Rank of HEDJ is 1717
Sortino Ratio Rank
The Omega Ratio Rank of HEDJ is 1616
Omega Ratio Rank
The Calmar Ratio Rank of HEDJ is 1818
Calmar Ratio Rank
The Martin Ratio Rank of HEDJ is 1818
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FLGB vs. HEDJ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE United Kingdom ETF (FLGB) and WisdomTree Europe Hedged Equity Fund (HEDJ). 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.


Sharpe ratio
The chart of Sharpe ratio for FLGB, currently valued at 1.19, compared to the broader market0.002.004.00
FLGB: 1.19
HEDJ: -0.02
The chart of Sortino ratio for FLGB, currently valued at 1.68, compared to the broader market-2.000.002.004.006.008.0010.0012.00
FLGB: 1.68
HEDJ: 0.07
The chart of Omega ratio for FLGB, currently valued at 1.20, compared to the broader market0.501.001.502.002.503.00
FLGB: 1.20
HEDJ: 1.01
The chart of Calmar ratio for FLGB, currently valued at 1.69, compared to the broader market0.005.0010.0015.00
FLGB: 1.69
HEDJ: -0.03
The chart of Martin ratio for FLGB, currently valued at 4.50, compared to the broader market0.0020.0040.0060.0080.00100.00
FLGB: 4.50
HEDJ: -0.06

The current FLGB Sharpe Ratio is 1.19, which is higher than the HEDJ Sharpe Ratio of -0.02. The chart below compares the historical Sharpe Ratios of FLGB and HEDJ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00NovemberDecember2025FebruaryMarchApril
1.19
-0.02
FLGB
HEDJ

Dividends

FLGB vs. HEDJ - Dividend Comparison

FLGB's dividend yield for the trailing twelve months is around 4.06%, more than HEDJ's 3.11% yield.


TTM20242023202220212020201920182017201620152014
FLGB
Franklin FTSE United Kingdom ETF
4.06%4.42%3.95%4.24%2.93%2.67%4.30%3.92%0.44%0.00%0.00%0.00%
HEDJ
WisdomTree Europe Hedged Equity Fund
3.11%3.28%3.31%2.83%2.08%2.65%1.82%2.73%2.27%2.97%9.44%5.83%

Drawdowns

FLGB vs. HEDJ - Drawdown Comparison

The maximum FLGB drawdown since its inception was -42.61%, which is greater than HEDJ's maximum drawdown of -38.18%. Use the drawdown chart below to compare losses from any high point for FLGB and HEDJ. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%NovemberDecember2025FebruaryMarchApril
-2.16%
-7.40%
FLGB
HEDJ

Volatility

FLGB vs. HEDJ - Volatility Comparison

The current volatility for Franklin FTSE United Kingdom ETF (FLGB) is 4.20%, while WisdomTree Europe Hedged Equity Fund (HEDJ) has a volatility of 5.57%. This indicates that FLGB experiences smaller price fluctuations and is considered to be less risky than HEDJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%NovemberDecember2025FebruaryMarchApril
4.20%
5.57%
FLGB
HEDJ
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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