FLGV vs. FLEE
Compare and contrast key facts about Franklin Liberty U.S. Treasury Bond ETF (FLGV) and Franklin FTSE Europe ETF (FLEE).
FLGV and FLEE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLGV is an actively managed fund by Franklin Templeton. It was launched on Jun 9, 2020. FLEE is a passively managed fund by Franklin Templeton that tracks the performance of the FTSE Developed Europe RIC Capped Index. It was launched on Nov 2, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLGV or FLEE.
Correlation
The correlation between FLGV and FLEE is 0.07, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FLGV vs. FLEE - Performance Comparison
Key characteristics
FLGV:
0.63
FLEE:
1.19
FLGV:
0.93
FLEE:
1.68
FLGV:
1.11
FLEE:
1.20
FLGV:
0.22
FLEE:
1.35
FLGV:
1.40
FLEE:
3.23
FLGV:
2.32%
FLEE:
4.65%
FLGV:
5.13%
FLEE:
12.64%
FLGV:
-17.63%
FLEE:
-37.27%
FLGV:
-10.61%
FLEE:
-0.27%
Returns By Period
In the year-to-date period, FLGV achieves a 0.57% return, which is significantly lower than FLEE's 11.35% return.
FLGV
0.57%
0.65%
-1.84%
3.28%
N/A
N/A
FLEE
11.35%
8.56%
3.25%
13.64%
7.52%
N/A
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FLGV vs. FLEE - Expense Ratio Comparison
Both FLGV and FLEE have an expense ratio of 0.09%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
FLGV vs. FLEE — Risk-Adjusted Performance Rank
FLGV
FLEE
FLGV vs. FLEE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Liberty U.S. Treasury Bond ETF (FLGV) and Franklin FTSE Europe ETF (FLEE). 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
FLGV vs. FLEE - Dividend Comparison
FLGV's dividend yield for the trailing twelve months is around 4.17%, more than FLEE's 3.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
FLGV Franklin Liberty U.S. Treasury Bond ETF | 4.17% | 4.14% | 3.46% | 2.21% | 1.92% | 0.97% | 0.00% | 0.00% | 0.00% |
FLEE Franklin FTSE Europe ETF | 3.53% | 3.93% | 2.57% | 3.48% | 3.60% | 1.88% | 3.02% | 3.85% | 0.02% |
Drawdowns
FLGV vs. FLEE - Drawdown Comparison
The maximum FLGV drawdown since its inception was -17.63%, smaller than the maximum FLEE drawdown of -37.27%. Use the drawdown chart below to compare losses from any high point for FLGV and FLEE. For additional features, visit the drawdowns tool.
Volatility
FLGV vs. FLEE - Volatility Comparison
The current volatility for Franklin Liberty U.S. Treasury Bond ETF (FLGV) is 1.30%, while Franklin FTSE Europe ETF (FLEE) has a volatility of 3.61%. This indicates that FLGV experiences smaller price fluctuations and is considered to be less risky than FLEE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.