FLGR vs. FEUZ

Last updated Apr 2, 2026

Compare and contrast key facts about Franklin FTSE Germany ETF (FLGR) and First Trust Eurozone AlphaDEX ETF (FEUZ).

FLGR and FEUZ 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. FEUZ is a passively managed fund by First Trust that tracks the performance of the NASDAQ AlphaDEX Eurozone Index. It was launched on Oct 22, 2014. Both FLGR and FEUZ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

FLGR vs. FEUZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin FTSE Germany ETF (FLGR) and First Trust Eurozone AlphaDEX ETF (FEUZ). The values are adjusted to include any dividend payments, if applicable.

FLGR vs. FEUZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FLGR Franklin FTSE Germany ETF	-5.28%	36.67%	10.63%	24.22%	-21.96%	5.40%	12.11%	19.99%	-21.50%	-0.27%
FEUZ First Trust Eurozone AlphaDEX ETF	3.19%	56.34%	1.64%	17.24%	-19.83%	11.93%	5.04%	22.06%	-20.61%	0.83%

Returns By Period

In the year-to-date period, FLGR achieves a -5.28% return, which is significantly lower than FEUZ's 3.19% return.

FLGR

• 1D: 1.54%
• 1M: -6.28%
• YTD: -5.28%
• 6M: -4.34%
• 1Y: 10.13%
• 3Y*: 15.65%
• 5Y*: 6.59%
• 10Y*: —

FEUZ

• 1D: 1.73%
• 1M: -4.44%
• YTD: 3.19%
• 6M: 7.86%
• 1Y: 39.85%
• 3Y*: 20.65%
• 5Y*: 9.97%
• 10Y*: 9.84%

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

FLGR vs. FEUZ - Expense Ratio Comparison

FLGR has a 0.09% expense ratio, which is lower than FEUZ's 0.80% expense ratio.

FEUZ

First Trust Eurozone AlphaDEX ETF

FLGR

Franklin FTSE Germany ETF

Return for Risk

FLGR vs. FEUZ — Risk / Return Rank

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

FLGR

FLGR Risk / Return Rank: 27
FLGR Sharpe Ratio Rank: 26
FLGR Sortino Ratio Rank: 28
FLGR Omega Ratio Rank: 27
FLGR Calmar Ratio Rank: 29
FLGR Martin Ratio Rank: 27

FEUZ

FEUZ Risk / Return Rank: 87
FEUZ Sharpe Ratio Rank: 83
FEUZ Sortino Ratio Rank: 88
FEUZ Omega Ratio Rank: 88
FEUZ Calmar Ratio Rank: 87
FEUZ Martin Ratio Rank: 89

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.

FLGR vs. FEUZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Germany ETF (FLGR) and First Trust Eurozone AlphaDEX ETF (FEUZ). 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	FEUZ	Difference
Sharpe ratio Return per unit of total volatility	0.50	1.70	-1.19
Sortino ratio Return per unit of downside risk	0.86	2.53	-1.67
Omega ratio Gain probability vs. loss probability	1.11	1.37	-0.26
Calmar ratio Return relative to maximum drawdown	0.73	2.89	-2.17
Martin ratio Return relative to average drawdown	2.27	11.85	-9.58
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FLGR vs. FEUZ - Sharpe Ratio Comparison

The current FLGR Sharpe Ratio is 0.50, which is lower than the FEUZ Sharpe Ratio of 1.70. The chart below compares the historical Sharpe Ratios of FLGR and FEUZ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FLGR	FEUZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.50	1.70	-1.19
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.33	0.46	-0.13
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.46	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.25	0.41	-0.16

Correlation

The correlation between FLGR and FEUZ is 0.79, 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.

Dividends

FLGR vs. FEUZ - Dividend Comparison

FLGR's dividend yield for the trailing twelve months is around 1.82%, less than FEUZ's 2.56% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FLGR Franklin FTSE Germany ETF	1.82%	1.72%	2.40%	2.99%	3.50%	2.67%	2.61%	2.52%	3.06%	0.00%	0.00%	0.00%
FEUZ First Trust Eurozone AlphaDEX ETF	2.56%	2.81%	2.01%	2.95%	3.14%	2.52%	1.46%	1.93%	2.46%	1.29%	2.12%	1.09%

Drawdowns

FLGR vs. FEUZ - Drawdown Comparison

The maximum FLGR drawdown since its inception was -46.21%, roughly equal to the maximum FEUZ drawdown of -48.08%. Use the drawdown chart below to compare losses from any high point for FLGR and FEUZ.

Drawdown Indicators

	FLGR	FEUZ	Difference
Max Drawdown Largest peak-to-trough decline	-46.21%	-48.08%	+1.87%
Max Drawdown (1Y) Largest decline over 1 year	-14.44%	-13.92%	-0.52%
Max Drawdown (5Y) Largest decline over 5 years	-43.54%	-38.64%	-4.90%
Max Drawdown (10Y) Largest decline over 10 years	—	-48.08%	—
Current Drawdown Current decline from peak	-9.72%	-6.81%	-2.91%
Average Drawdown Average peak-to-trough decline	-12.51%	-10.62%	-1.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.62%	3.40%	+1.22%

Volatility

FLGR vs. FEUZ - Volatility Comparison

Franklin FTSE Germany ETF (FLGR) and First Trust Eurozone AlphaDEX ETF (FEUZ) have volatilities of 8.23% and 8.64%, 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.

Volatility by Period

	FLGR	FEUZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.23%	8.64%	-0.41%
Volatility (6M) Calculated over the trailing 6-month period	12.44%	12.64%	-0.20%
Volatility (1Y) Calculated over the trailing 1-year period	20.18%	23.62%	-3.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.10%	21.83%	-1.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.43%	21.66%	-0.23%