FLGR vs. EWG
Compare and contrast key facts about Franklin FTSE Germany ETF (FLGR) and iShares MSCI Germany ETF (EWG).
FLGR and EWG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLGR is a passively managed fund by Franklin Templeton that tracks the performance of the FTSE Germany RIC Capped Index. It was launched on Nov 2, 2017. EWG is a passively managed fund by iShares that tracks the performance of the MSCI Germany Index. It was launched on Mar 12, 1996. Both FLGR and EWG 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: FLGR or EWG.
Key characteristics
| FLGR | EWG | |
|---|---|---|
| YTD Return | 4.29% | 3.44% |
| 1Y Return | 9.41% | 8.05% |
| 3Y Return (Ann) | -0.92% | -1.62% |
| 5Y Return (Ann) | 4.66% | 3.90% |
| Sharpe Ratio | 0.69 | 0.60 |
| Daily Std Dev | 14.23% | 14.47% |
| Max Drawdown | -46.11% | -67.58% |
| Current Drawdown | -6.75% | -8.60% |
Correlation
The correlation between FLGR and EWG is 0.92, 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. EWG - Performance Comparison
In the year-to-date period, FLGR achieves a 4.29% return, which is significantly higher than EWG's 3.44% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FLGR vs. EWG - Expense Ratio Comparison
FLGR has a 0.09% expense ratio, which is lower than EWG's 0.49% expense ratio.
Risk-Adjusted Performance
FLGR vs. EWG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Germany ETF (FLGR) and iShares MSCI Germany ETF (EWG). 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
FLGR vs. EWG - Dividend Comparison
FLGR's dividend yield for the trailing twelve months is around 2.87%, more than EWG's 2.48% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLGR Franklin FTSE Germany ETF | 2.87% | 2.99% | 3.50% | 2.68% | 2.61% | 2.52% | 3.06% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EWG iShares MSCI Germany ETF | 2.48% | 2.56% | 3.24% | 2.69% | 2.08% | 2.51% | 2.93% | 2.03% | 2.31% | 1.90% | 2.27% | 1.35% |
Drawdowns
FLGR vs. EWG - Drawdown Comparison
The maximum FLGR drawdown since its inception was -46.11%, smaller than the maximum EWG drawdown of -67.58%. Use the drawdown chart below to compare losses from any high point for FLGR and EWG. For additional features, visit the drawdowns tool.
Volatility
FLGR vs. EWG - Volatility Comparison
Franklin FTSE Germany ETF (FLGR) and iShares MSCI Germany ETF (EWG) have volatilities of 4.31% and 4.34%, 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.