FLIN vs. NFTY
Compare and contrast key facts about Franklin FTSE India ETF (FLIN) and First Trust India NIFTY 50 Equal Weight ETF (NFTY).
FLIN and NFTY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLIN is a passively managed fund by Franklin Templeton that tracks the performance of the FTSE India RIC Capped Index. It was launched on Feb 6, 2018. NFTY is a passively managed fund by First Trust that tracks the performance of the NIFTY 50 Equal Weight Index. It was launched on Feb 14, 2012. Both FLIN and NFTY 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: FLIN or NFTY.
Correlation
The correlation between FLIN and NFTY is 0.38, 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
FLIN vs. NFTY - Performance Comparison
Key characteristics
FLIN:
0.30
NFTY:
0.22
FLIN:
0.51
NFTY:
0.43
FLIN:
1.07
NFTY:
1.05
FLIN:
0.25
NFTY:
0.19
FLIN:
0.55
NFTY:
0.38
FLIN:
8.78%
NFTY:
9.75%
FLIN:
16.04%
NFTY:
16.81%
FLIN:
-41.90%
NFTY:
-47.67%
FLIN:
-8.86%
NFTY:
-9.98%
Returns By Period
In the year-to-date period, FLIN achieves a 1.37% return, which is significantly lower than NFTY's 3.86% return.
FLIN
1.37%
3.28%
-2.52%
4.53%
19.19%
N/A
NFTY
3.86%
3.14%
-2.47%
3.82%
21.41%
5.70%
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FLIN vs. NFTY - Expense Ratio Comparison
FLIN has a 0.19% expense ratio, which is lower than NFTY's 0.80% expense ratio.
Risk-Adjusted Performance
FLIN vs. NFTY — Risk-Adjusted Performance Rank
FLIN
NFTY
FLIN vs. NFTY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE India ETF (FLIN) and First Trust India NIFTY 50 Equal Weight ETF (NFTY). 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
FLIN vs. NFTY - Dividend Comparison
FLIN's dividend yield for the trailing twelve months is around 1.56%, more than NFTY's 1.41% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLIN Franklin FTSE India ETF | 1.56% | 1.58% | 0.73% | 0.73% | 2.26% | 0.69% | 0.90% | 0.92% | 0.00% | 0.00% | 0.00% | 0.00% |
NFTY First Trust India NIFTY 50 Equal Weight ETF | 1.41% | 1.61% | 0.13% | 5.89% | 1.53% | 0.61% | 0.97% | 0.00% | 4.10% | 3.28% | 4.40% | 0.52% |
Drawdowns
FLIN vs. NFTY - Drawdown Comparison
The maximum FLIN drawdown since its inception was -41.90%, smaller than the maximum NFTY drawdown of -47.67%. Use the drawdown chart below to compare losses from any high point for FLIN and NFTY. For additional features, visit the drawdowns tool.
Volatility
FLIN vs. NFTY - Volatility Comparison
Franklin FTSE India ETF (FLIN) and First Trust India NIFTY 50 Equal Weight ETF (NFTY) have volatilities of 7.01% and 7.12%, 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.