FLLA vs. FTGC
Compare and contrast key facts about Franklin FTSE Latin America ETF (FLLA) and First Trust Global Tactical Commodity Strategy Fund (FTGC).
FLLA and FTGC 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. FTGC is an actively managed fund by First Trust. It was launched on Oct 23, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLLA or FTGC.
Key characteristics
| FLLA | FTGC | |
|---|---|---|
| YTD Return | -8.70% | 9.76% |
| 1Y Return | 16.53% | 10.11% |
| 3Y Return (Ann) | 5.49% | 10.42% |
| 5Y Return (Ann) | 2.12% | 10.25% |
| Sharpe Ratio | 0.81 | 0.75 |
| Daily Std Dev | 19.67% | 11.83% |
| Max Drawdown | -53.87% | -59.47% |
| Current Drawdown | -9.26% | -11.13% |
Correlation
The correlation between FLLA and FTGC is 0.37, 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
FLLA vs. FTGC - Performance Comparison
In the year-to-date period, FLLA achieves a -8.70% return, which is significantly lower than FTGC's 9.76% 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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FLLA vs. FTGC - Expense Ratio Comparison
FLLA has a 0.19% expense ratio, which is lower than FTGC's 0.95% expense ratio.
Risk-Adjusted Performance
FLLA vs. FTGC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Latin America ETF (FLLA) and First Trust Global Tactical Commodity Strategy Fund (FTGC). 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. FTGC - Dividend Comparison
FLLA's dividend yield for the trailing twelve months is around 5.97%, more than FTGC's 3.08% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
FLLA Franklin FTSE Latin America ETF | 5.97% | 5.45% | 9.55% | 7.60% | 2.12% | 3.18% | 0.48% | 0.00% |
FTGC First Trust Global Tactical Commodity Strategy Fund | 3.08% | 3.34% | 10.35% | 7.21% | 0.00% | 0.81% | 0.80% | 1.21% |
Drawdowns
FLLA vs. FTGC - Drawdown Comparison
The maximum FLLA drawdown since its inception was -53.87%, smaller than the maximum FTGC drawdown of -59.47%. Use the drawdown chart below to compare losses from any high point for FLLA and FTGC. For additional features, visit the drawdowns tool.
Volatility
FLLA vs. FTGC - Volatility Comparison
Franklin FTSE Latin America ETF (FLLA) has a higher volatility of 5.20% compared to First Trust Global Tactical Commodity Strategy Fund (FTGC) at 2.29%. This indicates that FLLA's price experiences larger fluctuations and is considered to be riskier than FTGC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.