FLLA vs. FLN
Compare and contrast key facts about Franklin FTSE Latin America ETF (FLLA) and First Trust Latin America AlphaDEX Fund (FLN).
FLLA and FLN 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. FLN is a passively managed fund by First Trust that tracks the performance of the NASDAQ AlphaDEX Latin America Index. It was launched on Apr 18, 2011. Both FLLA and FLN are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
FLLA vs. FLN - Performance Comparison
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FLLA vs. FLN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FLLA Franklin FTSE Latin America ETF | 17.39% | 51.81% | -26.89% | 32.71% | 7.78% | -8.93% | -15.08% | 19.59% | -2.78% |
FLN First Trust Latin America AlphaDEX Fund | 13.57% | 55.05% | -23.10% | 29.68% | 2.73% | -6.94% | -12.27% | 27.22% | -3.18% |
Returns By Period
In the year-to-date period, FLLA achieves a 17.39% return, which is significantly higher than FLN's 13.57% return.
FLLA
- 1D
- 3.89%
- 1M
- -2.95%
- YTD
- 17.39%
- 6M
- 25.40%
- 1Y
- 54.98%
- 3Y*
- 18.51%
- 5Y*
- 12.45%
- 10Y*
- —
FLN
- 1D
- 3.41%
- 1M
- -4.91%
- YTD
- 13.57%
- 6M
- 21.94%
- 1Y
- 53.52%
- 3Y*
- 19.30%
- 5Y*
- 12.67%
- 10Y*
- 9.71%
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FLLA vs. FLN - Expense Ratio Comparison
FLLA has a 0.19% expense ratio, which is lower than FLN's 0.80% expense ratio.
Return for Risk
FLLA vs. FLN — Risk / Return Rank
FLLA
FLN
FLLA vs. FLN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Latin America ETF (FLLA) and First Trust Latin America AlphaDEX Fund (FLN). 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.
| FLLA | FLN | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.40 | 2.34 | +0.06 |
Sortino ratioReturn per unit of downside risk | 2.97 | 2.86 | +0.11 |
Omega ratioGain probability vs. loss probability | 1.42 | 1.41 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 4.67 | 4.60 | +0.07 |
Martin ratioReturn relative to average drawdown | 15.05 | 14.39 | +0.66 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FLLA | FLN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.40 | 2.34 | +0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.55 | 0.57 | -0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.35 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | 0.09 | +0.17 |
Correlation
The correlation between FLLA and FLN is 0.84, 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.
Dividends
FLLA vs. FLN - Dividend Comparison
FLLA's dividend yield for the trailing twelve months is around 5.16%, more than FLN's 3.53% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLLA Franklin FTSE Latin America ETF | 5.16% | 6.06% | 7.04% | 5.45% | 9.55% | 7.60% | 2.12% | 3.18% | 0.48% | 0.00% | 0.00% | 0.00% |
FLN First Trust Latin America AlphaDEX Fund | 3.53% | 3.40% | 6.26% | 4.17% | 5.57% | 4.70% | 1.64% | 1.91% | 3.08% | 10.28% | 1.06% | 2.34% |
Drawdowns
FLLA vs. FLN - Drawdown Comparison
The maximum FLLA drawdown since its inception was -53.88%, smaller than the maximum FLN drawdown of -57.95%. Use the drawdown chart below to compare losses from any high point for FLLA and FLN.
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Drawdown Indicators
| FLLA | FLN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.88% | -57.95% | +4.07% |
Max Drawdown (1Y)Largest decline over 1 year | -11.59% | -11.42% | -0.17% |
Max Drawdown (5Y)Largest decline over 5 years | -28.32% | -25.95% | -2.37% |
Max Drawdown (10Y)Largest decline over 10 years | — | -57.75% | — |
Current DrawdownCurrent decline from peak | -4.01% | -5.74% | +1.73% |
Average DrawdownAverage peak-to-trough decline | -13.69% | -19.07% | +5.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.59% | 3.65% | -0.06% |
Volatility
FLLA vs. FLN - Volatility Comparison
Franklin FTSE Latin America ETF (FLLA) and First Trust Latin America AlphaDEX Fund (FLN) have volatilities of 11.50% and 11.49%, 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.
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Volatility by Period
| FLLA | FLN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.50% | 11.49% | +0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 17.21% | 17.19% | +0.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.04% | 22.97% | +0.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.80% | 22.55% | +0.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.66% | 27.73% | -0.07% |