FLLA vs. FLBR
Compare and contrast key facts about Franklin FTSE Latin America ETF (FLLA) and Franklin FTSE Brazil ETF (FLBR).
FLLA and FLBR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLLA is a passively managed fund by Franklin Templeton that tracks the performance of the FTSE Latin America RIC Capped Index. It was launched on Oct 9, 2018. FLBR is a passively managed fund by Franklin Templeton that tracks the performance of the FTSE Brazil RIC Capped Index. It was launched on Nov 3, 2017. Both FLLA and FLBR 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: FLLA or FLBR.
Performance
FLLA vs. FLBR - Performance Comparison
Returns By Period
In the year-to-date period, FLLA achieves a -19.27% return, which is significantly lower than FLBR's -17.49% return.
FLLA
-19.27%
-3.93%
-14.77%
-13.26%
-0.37%
N/A
FLBR
-17.49%
-2.70%
-9.74%
-12.27%
-1.88%
N/A
Key characteristics
| FLLA | FLBR | |
|---|---|---|
| Sharpe Ratio | -0.66 | -0.53 |
| Sortino Ratio | -0.82 | -0.64 |
| Omega Ratio | 0.91 | 0.93 |
| Calmar Ratio | -0.57 | -0.46 |
| Martin Ratio | -1.04 | -0.91 |
| Ulcer Index | 11.39% | 11.73% |
| Daily Std Dev | 17.92% | 20.15% |
| Max Drawdown | -53.87% | -57.42% |
| Current Drawdown | -19.77% | -20.80% |
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FLLA vs. FLBR - Expense Ratio Comparison
Both FLLA and FLBR have an expense ratio of 0.19%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Correlation
The correlation between FLLA and FLBR is 0.92, 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.
Risk-Adjusted Performance
FLLA vs. FLBR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Latin America ETF (FLLA) and Franklin FTSE Brazil ETF (FLBR). 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
FLLA vs. FLBR - Dividend Comparison
FLLA's dividend yield for the trailing twelve months is around 7.19%, less than FLBR's 7.40% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
FLLA Franklin FTSE Latin America ETF | 7.19% | 5.44% | 9.55% | 7.60% | 2.12% | 3.17% | 0.48% | 0.00% |
FLBR Franklin FTSE Brazil ETF | 7.40% | 8.84% | 11.99% | 8.71% | 2.32% | 3.41% | 3.72% | 0.42% |
Drawdowns
FLLA vs. FLBR - Drawdown Comparison
The maximum FLLA drawdown since its inception was -53.87%, smaller than the maximum FLBR drawdown of -57.42%. Use the drawdown chart below to compare losses from any high point for FLLA and FLBR. For additional features, visit the drawdowns tool.
Volatility
FLLA vs. FLBR - Volatility Comparison
The current volatility for Franklin FTSE Latin America ETF (FLLA) is 4.91%, while Franklin FTSE Brazil ETF (FLBR) has a volatility of 5.57%. This indicates that FLLA experiences smaller price fluctuations and is considered to be less risky than FLBR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.