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.
Correlation
The correlation between FLLA and FLBR is 0.93, 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
FLLA vs. FLBR - Performance Comparison
Key characteristics
FLLA:
-0.76
FLBR:
-0.57
FLLA:
-0.93
FLBR:
-0.65
FLLA:
0.89
FLBR:
0.92
FLLA:
-0.56
FLBR:
-0.43
FLLA:
-1.08
FLBR:
-1.05
FLLA:
14.33%
FLBR:
12.75%
FLLA:
20.32%
FLBR:
23.71%
FLLA:
-53.87%
FLBR:
-57.42%
FLLA:
-19.90%
FLBR:
-23.12%
Returns By Period
The year-to-date returns for both investments are quite close, with FLLA having a 10.25% return and FLBR slightly higher at 10.60%.
FLLA
10.25%
-0.05%
-8.45%
-15.40%
12.18%
N/A
FLBR
10.60%
1.26%
-10.49%
-13.34%
11.34%
N/A
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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%.
Risk-Adjusted Performance
FLLA vs. FLBR — Risk-Adjusted Performance Rank
FLLA
FLBR
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 6.39%, less than FLBR's 6.94% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
FLLA Franklin FTSE Latin America ETF | 6.39% | 7.04% | 5.44% | 9.55% | 7.60% | 2.12% | 3.17% | 0.48% | 0.00% |
FLBR Franklin FTSE Brazil ETF | 6.94% | 7.67% | 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
Franklin FTSE Latin America ETF (FLLA) and Franklin FTSE Brazil ETF (FLBR) have volatilities of 8.91% and 9.36%, 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.