FLGR vs. FLTW
Compare and contrast key facts about Franklin FTSE Germany ETF (FLGR) and Franklin FTSE Taiwan ETF (FLTW).
FLGR and FLTW 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. FLTW is a passively managed fund by Franklin Templeton that tracks the performance of the FTSE Taiwan RIC Capped Index. It was launched on Nov 2, 2017. Both FLGR and FLTW 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 FLTW.
Performance
FLGR vs. FLTW - Performance Comparison
Returns By Period
In the year-to-date period, FLGR achieves a 9.66% return, which is significantly lower than FLTW's 16.54% return.
FLGR
9.66%
-5.50%
-0.25%
16.46%
5.13%
N/A
FLTW
16.54%
-5.01%
5.86%
26.51%
14.37%
N/A
Key characteristics
| FLGR | FLTW | |
|---|---|---|
| Sharpe Ratio | 1.27 | 1.35 |
| Sortino Ratio | 1.78 | 1.87 |
| Omega Ratio | 1.22 | 1.24 |
| Calmar Ratio | 1.12 | 1.69 |
| Martin Ratio | 6.27 | 5.71 |
| Ulcer Index | 2.84% | 4.84% |
| Daily Std Dev | 14.04% | 20.44% |
| Max Drawdown | -46.11% | -38.00% |
| Current Drawdown | -7.19% | -6.46% |
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FLGR vs. FLTW - Expense Ratio Comparison
FLGR has a 0.09% expense ratio, which is lower than FLTW's 0.19% 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%.
Correlation
The correlation between FLGR and FLTW is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
FLGR vs. FLTW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Germany ETF (FLGR) and Franklin FTSE Taiwan ETF (FLTW). 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. FLTW - Dividend Comparison
FLGR's dividend yield for the trailing twelve months is around 2.42%, less than FLTW's 2.53% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
FLGR Franklin FTSE Germany ETF | 2.42% | 2.99% | 3.50% | 2.67% | 2.61% | 2.52% | 3.06% |
FLTW Franklin FTSE Taiwan ETF | 2.53% | 2.84% | 3.16% | 2.31% | 2.14% | 3.00% | 1.06% |
Drawdowns
FLGR vs. FLTW - Drawdown Comparison
The maximum FLGR drawdown since its inception was -46.11%, which is greater than FLTW's maximum drawdown of -38.00%. Use the drawdown chart below to compare losses from any high point for FLGR and FLTW. For additional features, visit the drawdowns tool.
Volatility
FLGR vs. FLTW - Volatility Comparison
The current volatility for Franklin FTSE Germany ETF (FLGR) is 5.04%, while Franklin FTSE Taiwan ETF (FLTW) has a volatility of 5.82%. This indicates that FLGR experiences smaller price fluctuations and is considered to be less risky than FLTW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.