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FLHK vs. EWK
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FLHK and EWK is 0.44, 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

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin FTSE Hong Kong ETF (FLHK) and iShares MSCI Belgium ETF (EWK). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FLHK:

0.31

EWK:

0.59

Sortino Ratio

FLHK:

0.87

EWK:

0.97

Omega Ratio

FLHK:

1.11

EWK:

1.14

Calmar Ratio

FLHK:

0.32

EWK:

0.77

Martin Ratio

FLHK:

0.98

EWK:

1.89

Ulcer Index

FLHK:

12.58%

EWK:

5.90%

Daily Std Dev

FLHK:

24.01%

EWK:

17.81%

Max Drawdown

FLHK:

-41.81%

EWK:

-74.10%

Current Drawdown

FLHK:

-25.38%

EWK:

-2.47%

Returns By Period

In the year-to-date period, FLHK achieves a 9.65% return, which is significantly lower than EWK's 14.30% return.


FLHK

YTD

9.65%

1M

16.01%

6M

5.85%

1Y

7.33%

5Y*

1.15%

10Y*

N/A

EWK

YTD

14.30%

1M

6.74%

6M

8.15%

1Y

10.50%

5Y*

10.09%

10Y*

3.96%

*Annualized

Compare stocks, funds, or ETFs

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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 Rank

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

FLHK
The Risk-Adjusted Performance Rank of FLHK is 4141
Overall Rank
The Sharpe Ratio Rank of FLHK is 3333
Sharpe Ratio Rank
The Sortino Ratio Rank of FLHK is 5252
Sortino Ratio Rank
The Omega Ratio Rank of FLHK is 4949
Omega Ratio Rank
The Calmar Ratio Rank of FLHK is 3838
Calmar Ratio Rank
The Martin Ratio Rank of FLHK is 3333
Martin Ratio Rank

EWK
The Risk-Adjusted Performance Rank of EWK is 5959
Overall Rank
The Sharpe Ratio Rank of EWK is 5858
Sharpe Ratio Rank
The Sortino Ratio Rank of EWK is 5757
Sortino Ratio Rank
The Omega Ratio Rank of EWK is 5858
Omega Ratio Rank
The Calmar Ratio Rank of EWK is 7272
Calmar Ratio Rank
The Martin Ratio Rank of EWK is 5353
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current FLHK Sharpe Ratio is 0.31, which is lower than the EWK Sharpe Ratio of 0.59. The chart below compares the historical Sharpe Ratios of FLHK and EWK, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

FLHK vs. EWK - Dividend Comparison

FLHK's dividend yield for the trailing twelve months is around 4.07%, more than EWK's 2.85% yield.


TTM20242023202220212020201920182017201620152014
FLHK
Franklin FTSE Hong Kong ETF
4.07%4.46%5.40%3.85%2.81%3.11%3.00%2.59%0.25%0.00%0.00%0.00%
EWK
iShares MSCI Belgium ETF
2.85%3.25%2.09%2.58%3.63%1.66%2.77%2.77%2.91%1.75%2.06%1.85%

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.


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Volatility

FLHK vs. EWK - Volatility Comparison

Franklin FTSE Hong Kong ETF (FLHK) and iShares MSCI Belgium ETF (EWK) have volatilities of 4.92% and 4.74%, 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.


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