FLHK vs. VOO
Compare and contrast key facts about Franklin FTSE Hong Kong ETF (FLHK) and Vanguard S&P 500 ETF (VOO).
FLHK and VOO 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. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both FLHK and VOO 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 VOO.
Key characteristics
| FLHK | VOO | |
|---|---|---|
| YTD Return | 6.80% | 26.59% |
| 1Y Return | 11.15% | 38.23% |
| 3Y Return (Ann) | -6.18% | 9.99% |
| 5Y Return (Ann) | -2.06% | 15.91% |
| Sharpe Ratio | 0.47 | 3.11 |
| Sortino Ratio | 0.82 | 4.14 |
| Omega Ratio | 1.10 | 1.58 |
| Calmar Ratio | 0.26 | 4.54 |
| Martin Ratio | 1.25 | 20.72 |
| Ulcer Index | 8.75% | 1.85% |
| Daily Std Dev | 23.32% | 12.33% |
| Max Drawdown | -41.81% | -33.99% |
| Current Drawdown | -27.05% | 0.00% |
Correlation
The correlation between FLHK and VOO 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. VOO - Performance Comparison
In the year-to-date period, FLHK achieves a 6.80% return, which is significantly lower than VOO's 26.59% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FLHK vs. VOO - Expense Ratio Comparison
FLHK has a 0.09% expense ratio, which is higher than VOO's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
FLHK vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Hong Kong ETF (FLHK) and Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
FLHK's dividend yield for the trailing twelve months is around 5.08%, more than VOO's 1.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLHK Franklin FTSE Hong Kong ETF | 5.08% | 5.40% | 3.85% | 2.81% | 3.11% | 3.00% | 2.59% | 0.25% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
FLHK vs. VOO - Drawdown Comparison
The maximum FLHK drawdown since its inception was -41.81%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FLHK and VOO. For additional features, visit the drawdowns tool.
Volatility
FLHK vs. VOO - Volatility Comparison
Franklin FTSE Hong Kong ETF (FLHK) has a higher volatility of 7.45% compared to Vanguard S&P 500 ETF (VOO) at 3.95%. This indicates that FLHK's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.