FLKR vs. EWY
Compare and contrast key facts about Franklin FTSE South Korea ETF (FLKR) and iShares MSCI South Korea ETF (EWY).
FLKR and EWY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLKR is a passively managed fund by Franklin Templeton that tracks the performance of the FTSE South Korea RIC Capped Index. It was launched on Nov 2, 2017. EWY is a passively managed fund by iShares that tracks the performance of the MSCI Korea Index. It was launched on May 12, 2000. Both FLKR and EWY 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: FLKR or EWY.
Key characteristics
| FLKR | EWY | |
|---|---|---|
| YTD Return | -13.68% | -14.73% |
| 1Y Return | -5.90% | -7.35% |
| 3Y Return (Ann) | -9.65% | -9.43% |
| 5Y Return (Ann) | 0.34% | -0.17% |
| Sharpe Ratio | -0.12 | -0.17 |
| Sortino Ratio | -0.01 | -0.09 |
| Omega Ratio | 1.00 | 0.99 |
| Calmar Ratio | -0.07 | -0.10 |
| Martin Ratio | -0.41 | -0.60 |
| Ulcer Index | 6.39% | 6.53% |
| Daily Std Dev | 22.19% | 22.70% |
| Max Drawdown | -50.06% | -74.14% |
| Current Drawdown | -38.14% | -38.41% |
Correlation
The correlation between FLKR and EWY is 0.96, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FLKR vs. EWY - Performance Comparison
In the year-to-date period, FLKR achieves a -13.68% return, which is significantly higher than EWY's -14.73% 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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FLKR vs. EWY - Expense Ratio Comparison
FLKR has a 0.09% expense ratio, which is lower than EWY's 0.59% expense ratio.
Risk-Adjusted Performance
FLKR vs. EWY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE South Korea ETF (FLKR) and iShares MSCI South Korea ETF (EWY). 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
FLKR vs. EWY - Dividend Comparison
FLKR's dividend yield for the trailing twelve months is around 8.23%, more than EWY's 2.95% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLKR Franklin FTSE South Korea ETF | 8.23% | 2.29% | 3.13% | 2.12% | 0.99% | 2.09% | 1.86% | 1.02% | 0.00% | 0.00% | 0.00% | 0.00% |
EWY iShares MSCI South Korea ETF | 2.95% | 2.52% | 1.23% | 2.16% | 0.73% | 2.10% | 1.34% | 2.90% | 1.21% | 2.42% | 1.20% | 1.39% |
Drawdowns
FLKR vs. EWY - Drawdown Comparison
The maximum FLKR drawdown since its inception was -50.06%, smaller than the maximum EWY drawdown of -74.14%. Use the drawdown chart below to compare losses from any high point for FLKR and EWY. For additional features, visit the drawdowns tool.
Volatility
FLKR vs. EWY - Volatility Comparison
Franklin FTSE South Korea ETF (FLKR) and iShares MSCI South Korea ETF (EWY) have volatilities of 6.32% and 6.37%, 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.