FLHK vs. EWK
Compare and contrast key facts about Franklin FTSE Hong Kong ETF (FLHK) and iShares MSCI Belgium ETF (EWK).
FLHK and EWK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLHK is a passively managed fund by Franklin Templeton that tracks the performance of the FTSE Hong Kong RIC Capped Index. It was launched on Nov 2, 2017. EWK is a passively managed fund by iShares that tracks the performance of the MSCI Belgium Investable Market Index. It was launched on Mar 12, 1996. Both FLHK and EWK 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: FLHK or EWK.
Correlation
The correlation between FLHK and EWK is 0.45, 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.
Performance
FLHK vs. EWK - Performance Comparison
Key characteristics
FLHK:
0.03
EWK:
-0.10
FLHK:
0.21
EWK:
-0.03
FLHK:
1.03
EWK:
1.00
FLHK:
0.02
EWK:
-0.08
FLHK:
0.06
EWK:
-0.33
FLHK:
9.85%
EWK:
4.13%
FLHK:
23.53%
EWK:
14.11%
FLHK:
-41.81%
EWK:
-74.10%
FLHK:
-33.11%
EWK:
-13.20%
Returns By Period
In the year-to-date period, FLHK achieves a -2.07% return, which is significantly lower than EWK's -0.49% return.
FLHK
-2.07%
-1.34%
3.82%
2.61%
-3.71%
N/A
EWK
-0.49%
-2.13%
-0.19%
3.13%
0.93%
3.57%
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FLHK vs. EWK - Expense Ratio Comparison
FLHK has a 0.09% expense ratio, which is lower than EWK's 0.49% expense ratio.
Risk-Adjusted Performance
FLHK vs. EWK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Hong Kong ETF (FLHK) and iShares MSCI Belgium ETF (EWK). 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
FLHK vs. EWK - Dividend Comparison
FLHK's dividend yield for the trailing twelve months is around 1.98%, less than EWK's 3.27% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLHK Franklin FTSE Hong Kong ETF | 1.98% | 5.40% | 3.85% | 2.81% | 3.11% | 3.00% | 2.59% | 0.25% | 0.00% | 0.00% | 0.00% | 0.00% |
EWK iShares MSCI Belgium ETF | 3.27% | 2.09% | 2.58% | 3.63% | 1.66% | 2.77% | 2.77% | 2.91% | 1.75% | 2.06% | 1.85% | 4.62% |
Drawdowns
FLHK vs. EWK - Drawdown Comparison
The maximum FLHK drawdown since its inception was -41.81%, smaller than the maximum EWK drawdown of -74.10%. Use the drawdown chart below to compare losses from any high point for FLHK and EWK. For additional features, visit the drawdowns tool.
Volatility
FLHK vs. EWK - Volatility Comparison
Franklin FTSE Hong Kong ETF (FLHK) has a higher volatility of 6.93% compared to iShares MSCI Belgium ETF (EWK) at 3.40%. This indicates that FLHK's price experiences larger fluctuations and is considered to be riskier than EWK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.