FLGB vs. VFIAX

Last updated Jun 5, 2026

FLGB (Franklin FTSE United Kingdom ETF) and VFIAX (Vanguard 500 Index Fund Admiral Shares) are both funds - FLGB is a Europe Equities fund tracking the FTSE UK RIC Capped Index, while VFIAX is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 5 years, FLGB returned 10.79%/yr vs 13.87%/yr for VFIAX. A 0.65 correlation means they provide meaningful diversification when combined. FLGB charges 0.09%/yr vs 0.04%/yr for VFIAX.

Performance

FLGB vs. VFIAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin FTSE United Kingdom ETF (FLGB) and Vanguard 500 Index Fund Admiral Shares (VFIAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FLGB achieves a 6.10% return, which is significantly lower than VFIAX's 10.87% return.

FLGB

• 1D: 1.10%
• 1M: 0.70%
• YTD: 6.10%
• 6M: 9.49%
• 1Y: 20.40%
• 3Y*: 18.21%
• 5Y*: 10.79%
• 10Y*: —

VFIAX

• 1D: -0.73%
• 1M: 4.17%
• YTD: 10.87%
• 6M: 10.78%
• 1Y: 27.99%
• 3Y*: 22.42%
• 5Y*: 13.87%
• 10Y*: 15.54%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FLGB vs. VFIAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FLGB Franklin FTSE United Kingdom ETF	6.10%	33.73%	8.77%	14.33%	-6.00%	17.14%	-9.47%	23.23%	-11.60%	1.12%
VFIAX Vanguard 500 Index Fund Admiral Shares	10.87%	17.83%	24.97%	26.24%	-18.16%	28.65%	18.32%	31.46%	-4.45%	3.54%

Correlation

The correlation between FLGB and VFIAX is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.62
Correlation (3Y) Calculated over the trailing 3-year period	0.60
Correlation (5Y) Calculated over the trailing 5-year period	0.64
Correlation (All Time) Calculated using the full available price history since Nov 7, 2017	0.65

The correlation between FLGB and VFIAX has been stable across timeframes, ranging from 0.60 to 0.65 - a consistent structural relationship.

FLGB vs. VFIAX - Sectors Allocation Comparison

Sectors	FLGB	VFIAX
Financial Services	24.2%	11.6%
Industrials	14.2%	8.3%
Consumer Defensive	14.0%	4.9%
Healthcare	13.6%	8.5%
Energy	11.8%	3.5%
Basic Materials	8.6%	1.8%
Utilities	5.3%	2.4%
Consumer Cyclical	4.4%	10.2%
Communication Services	2.6%	11.3%
Real Estate	0.7%	1.9%
Technology	0.7%	35.7%

Return for Risk

FLGB vs. VFIAX — Risk / Return Rank

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

FLGB

FLGB Risk / Return Rank: 42
FLGB Sharpe Ratio Rank: 41
FLGB Sortino Ratio Rank: 41
FLGB Omega Ratio Rank: 41
FLGB Calmar Ratio Rank: 41
FLGB Martin Ratio Rank: 45

VFIAX

VFIAX Risk / Return Rank: 66
VFIAX Sharpe Ratio Rank: 64
VFIAX Sortino Ratio Rank: 59
VFIAX Omega Ratio Rank: 59
VFIAX Calmar Ratio Rank: 67
VFIAX Martin Ratio Rank: 79

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FLGB vs. VFIAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE United Kingdom ETF (FLGB) and Vanguard 500 Index Fund Admiral Shares (VFIAX). 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.

	FLGB	VFIAX	Difference
Sharpe ratio: Return per unit of total volatility	1.44	2.37	-0.93
Sortino ratio: Return per unit of downside risk	2.06	3.24	-1.17
Omega ratio: Gain probability vs. loss probability	1.26	1.43	-0.17
Calmar ratio: Return relative to maximum drawdown	2.00	3.16	-1.16
Martin ratio: Return relative to average drawdown	7.31	14.76	-7.45
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FLGB vs. VFIAX - Sharpe Ratio Comparison

The current FLGB Sharpe Ratio is 1.44, which is lower than the VFIAX Sharpe Ratio of 2.37. The chart below compares the historical Sharpe Ratios of FLGB and VFIAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FLGB	VFIAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.44	2.37	-0.93
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.65	0.83	-0.17
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.86	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.42	0.47	-0.04

Drawdowns

FLGB vs. VFIAX - Drawdown Comparison

The maximum FLGB drawdown since its inception was -42.61%, smaller than the maximum VFIAX drawdown of -55.20%. Use the drawdown chart below to compare losses from any high point for FLGB and VFIAX.

Drawdown Indicators

	FLGB	VFIAX	Difference
Max Drawdown Largest peak-to-trough decline	-42.61%	-55.20%	+12.59%
Max Drawdown (1Y) Largest decline over 1 year	-10.26%	-8.90%	-1.36%
Max Drawdown (3Y) Largest decline over 3 years	-13.13%	-18.75%	+5.62%
Max Drawdown (5Y) Largest decline over 5 years	-25.90%	-24.53%	-1.37%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.83%	—
Current Drawdown Current decline from peak	-3.81%	-0.73%	-3.08%
Average Drawdown Average peak-to-trough decline	-6.69%	-9.40%	+2.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.80%	1.90%	+0.90%

Volatility

FLGB vs. VFIAX - Volatility Comparison

Franklin FTSE United Kingdom ETF (FLGB) has a higher volatility of 5.60% compared to Vanguard 500 Index Fund Admiral Shares (VFIAX) at 2.92%. This indicates that FLGB's price experiences larger fluctuations and is considered to be riskier than VFIAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLGB	VFIAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.60%	2.92%	+2.68%
Volatility (6M) Calculated over the trailing 6-month period	12.10%	8.99%	+3.11%
Volatility (1Y) Calculated over the trailing 1-year period	14.21%	11.88%	+2.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.63%	16.90%	-0.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.97%	18.07%	+0.90%

FLGB vs. VFIAX - Expense Ratio Comparison

FLGB has a 0.09% expense ratio, which is higher than VFIAX's 0.04% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

FLGB vs. VFIAX - Dividend Comparison

FLGB's dividend yield for the trailing twelve months is around 3.29%, more than VFIAX's 1.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FLGB Franklin FTSE United Kingdom ETF	3.29%	3.50%	4.42%	3.95%	4.23%	2.93%	2.67%	4.30%	3.92%	0.43%	0.00%	0.00%
VFIAX Vanguard 500 Index Fund Admiral Shares	1.02%	1.12%	1.24%	1.45%	1.68%	1.24%	1.53%	1.87%	2.05%	1.78%	2.02%	2.10%

Frequently Asked Questions

Can I hold both FLGB and VFIAX in my portfolio?

FLGB and VFIAX have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FLGB or VFIAX?

FLGB has higher volatility (5.60%) compared to VFIAX (2.92%). In terms of maximum drawdown, FLGB dropped -42.61% vs VFIAX's -55.20%.

Which has better risk-adjusted returns?

VFIAX currently has the higher Sharpe Ratio (2.37 vs 1.44), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.