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FLGR vs. DAX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


FLGRDAX
YTD Return12.50%11.85%
1Y Return27.39%26.48%
3Y Return (Ann)1.42%3.13%
5Y Return (Ann)5.56%6.64%
Sharpe Ratio2.091.98
Sortino Ratio2.922.73
Omega Ratio1.361.34
Calmar Ratio1.341.66
Martin Ratio11.3510.10
Ulcer Index2.54%2.77%
Daily Std Dev13.78%14.11%
Max Drawdown-46.11%-45.58%
Current Drawdown-4.79%-3.75%

Correlation

-0.50.00.51.00.9

The correlation between FLGR and DAX is 0.86, 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

FLGR vs. DAX - Performance Comparison

In the year-to-date period, FLGR achieves a 12.50% return, which is significantly higher than DAX's 11.85% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
5.08%
4.40%
FLGR
DAX

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FLGR vs. DAX - Expense Ratio Comparison

FLGR has a 0.09% expense ratio, which is lower than DAX's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


DAX
Global X DAX Germany ETF
Expense ratio chart for DAX: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%
Expense ratio chart for FLGR: current value at 0.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.09%

Risk-Adjusted Performance

FLGR vs. DAX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Germany ETF (FLGR) and Global X DAX Germany ETF (DAX). 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.


FLGR
Sharpe ratio
The chart of Sharpe ratio for FLGR, currently valued at 2.09, compared to the broader market0.002.004.002.09
Sortino ratio
The chart of Sortino ratio for FLGR, currently valued at 2.92, compared to the broader market0.005.0010.002.92
Omega ratio
The chart of Omega ratio for FLGR, currently valued at 1.36, compared to the broader market1.001.502.002.503.001.36
Calmar ratio
The chart of Calmar ratio for FLGR, currently valued at 1.34, compared to the broader market0.005.0010.0015.0020.001.34
Martin ratio
The chart of Martin ratio for FLGR, currently valued at 11.35, compared to the broader market0.0020.0040.0060.0080.00100.00120.0011.35
DAX
Sharpe ratio
The chart of Sharpe ratio for DAX, currently valued at 1.98, compared to the broader market0.002.004.001.98
Sortino ratio
The chart of Sortino ratio for DAX, currently valued at 2.73, compared to the broader market0.005.0010.002.73
Omega ratio
The chart of Omega ratio for DAX, currently valued at 1.34, compared to the broader market1.001.502.002.503.001.34
Calmar ratio
The chart of Calmar ratio for DAX, currently valued at 1.66, compared to the broader market0.005.0010.0015.0020.001.66
Martin ratio
The chart of Martin ratio for DAX, currently valued at 10.10, compared to the broader market0.0020.0040.0060.0080.00100.00120.0010.10

FLGR vs. DAX - Sharpe Ratio Comparison

The current FLGR Sharpe Ratio is 2.09, which is comparable to the DAX Sharpe Ratio of 1.98. The chart below compares the historical Sharpe Ratios of FLGR and DAX, 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 Ratio0.501.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
2.09
1.98
FLGR
DAX

Dividends

FLGR vs. DAX - Dividend Comparison

FLGR's dividend yield for the trailing twelve months is around 2.36%, more than DAX's 2.28% yield.


TTM202320222021202020192018201720162015
FLGR
Franklin FTSE Germany ETF
2.36%2.99%3.50%2.67%2.61%2.52%3.06%0.00%0.00%0.00%
DAX
Global X DAX Germany ETF
2.28%2.48%2.80%2.65%2.25%2.47%3.33%1.73%1.78%1.41%

Drawdowns

FLGR vs. DAX - Drawdown Comparison

The maximum FLGR drawdown since its inception was -46.11%, roughly equal to the maximum DAX drawdown of -45.58%. Use the drawdown chart below to compare losses from any high point for FLGR and DAX. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-4.79%
-3.75%
FLGR
DAX

Volatility

FLGR vs. DAX - Volatility Comparison

Franklin FTSE Germany ETF (FLGR) and Global X DAX Germany ETF (DAX) have volatilities of 3.10% and 2.98%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


3.00%3.50%4.00%4.50%5.00%5.50%JuneJulyAugustSeptemberOctoberNovember
3.10%
2.98%
FLGR
DAX