FLIA vs. BNDX
Compare and contrast key facts about Franklin Liberty International Aggregate Bond ETF (FLIA) and Vanguard Total International Bond ETF (BNDX).
FLIA and BNDX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLIA is an actively managed fund by Franklin Templeton. It was launched on May 30, 2018. BNDX is a passively managed fund by Vanguard that tracks the performance of the Barclays Global Aggregate ex-USD Float-Adjusted Index (Hedged). It was launched on May 31, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLIA or BNDX.
Key characteristics
| FLIA | BNDX | |
|---|---|---|
| YTD Return | -1.95% | -1.41% |
| 1Y Return | 2.88% | 3.97% |
| 3Y Return (Ann) | -1.02% | -2.13% |
| 5Y Return (Ann) | 0.39% | 0.02% |
| Sharpe Ratio | 0.38 | 0.81 |
| Daily Std Dev | 5.68% | 4.90% |
| Max Drawdown | -11.24% | -16.23% |
| Current Drawdown | -6.28% | -8.68% |
Correlation
The correlation between FLIA and BNDX is 0.61, 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
FLIA vs. BNDX - Performance Comparison
In the year-to-date period, FLIA achieves a -1.95% return, which is significantly lower than BNDX's -1.41% 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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FLIA vs. BNDX - Expense Ratio Comparison
FLIA has a 0.25% expense ratio, which is higher than BNDX's 0.07% 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
FLIA vs. BNDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Liberty International Aggregate Bond ETF (FLIA) and Vanguard Total International Bond ETF (BNDX). 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
FLIA vs. BNDX - Dividend Comparison
FLIA's dividend yield for the trailing twelve months is around 0.95%, less than BNDX's 4.69% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLIA Franklin Liberty International Aggregate Bond ETF | 0.95% | 0.93% | 18.12% | 2.26% | 0.43% | 2.93% | 1.23% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BNDX Vanguard Total International Bond ETF | 4.69% | 4.42% | 1.51% | 3.74% | 1.11% | 3.40% | 3.01% | 2.23% | 1.89% | 1.63% | 1.54% | 0.86% |
Drawdowns
FLIA vs. BNDX - Drawdown Comparison
The maximum FLIA drawdown since its inception was -11.24%, smaller than the maximum BNDX drawdown of -16.23%. Use the drawdown chart below to compare losses from any high point for FLIA and BNDX. For additional features, visit the drawdowns tool.
Volatility
FLIA vs. BNDX - Volatility Comparison
Franklin Liberty International Aggregate Bond ETF (FLIA) has a higher volatility of 1.31% compared to Vanguard Total International Bond ETF (BNDX) at 1.22%. This indicates that FLIA's price experiences larger fluctuations and is considered to be riskier than BNDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.