FLLA vs. OTGL

Last updated Jun 4, 2026

FLLA (Franklin FTSE Latin America ETF) and OTGL (OTG Latin America ETF) are both Latin America Equities funds - FLLA tracks the FTSE Latin America RIC Capped Index while OTGL tracks the Actively Managed. Both are passively managed. Their correlation of 0.90 suggests significant overlap in exposure. FLLA charges 0.19%/yr vs 0.95%/yr for OTGL.

Performance

FLLA vs. OTGL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin FTSE Latin America ETF (FLLA) and OTG Latin America ETF (OTGL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FLLA achieves a 12.62% return, which is significantly higher than OTGL's 5.63% return.

FLLA

• 1D: -2.69%
• 1M: -5.24%
• YTD: 12.62%
• 6M: 11.76%
• 1Y: 35.32%
• 3Y*: 14.00%
• 5Y*: 7.79%
• 10Y*: —

OTGL

• 1D: -1.90%
• 1M: -1.12%
• YTD: 5.63%
• 6M: 5.67%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FLLA vs. OTGL - Yearly Performance Comparison

	2026 (YTD)	2025
FLLA Franklin FTSE Latin America ETF	12.62%	20.01%
OTGL OTG Latin America ETF	5.63%	13.64%

Correlation

The correlation between FLLA and OTGL is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 15, 2025	0.90

Return for Risk

FLLA vs. OTGL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FLLA

FLLA Risk / Return Rank: 50
FLLA Sharpe Ratio Rank: 47
FLLA Sortino Ratio Rank: 44
FLLA Omega Ratio Rank: 45
FLLA Calmar Ratio Rank: 62
FLLA Martin Ratio Rank: 51

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FLLA vs. OTGL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Latin America ETF (FLLA) and OTG Latin America ETF (OTGL). 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	OTGL	Difference
Sharpe ratio Return per unit of total volatility	1.66	—	—
Sortino ratio Return per unit of downside risk	2.24	—	—
Omega ratio Gain probability vs. loss probability	1.29	—	—
Calmar ratio Return relative to maximum drawdown	3.06	—	—
Martin ratio Return relative to average drawdown	8.72	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	FLLA	OTGL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.66	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.34	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.23	1.20	-0.97

Drawdowns

FLLA vs. OTGL - Drawdown Comparison

The maximum FLLA drawdown since its inception was -53.88%, which is greater than OTGL's maximum drawdown of -13.52%. Use the drawdown chart below to compare losses from any high point for FLLA and OTGL.

Drawdown Indicators

	FLLA	OTGL	Difference
Max Drawdown Largest peak-to-trough decline	-53.88%	-13.52%	-40.36%
Max Drawdown (1Y) Largest decline over 1 year	-11.59%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-27.76%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-28.32%	—	—
Current Drawdown Current decline from peak	-10.96%	-8.97%	-1.99%
Average Drawdown Average peak-to-trough decline	-13.48%	-3.00%	-10.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.06%	—	—

Volatility

Volatility by Period

	FLLA	OTGL	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.72%	—	—
Volatility (6M) Calculated over the trailing 6-month period	18.23%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	21.33%	19.02%	+2.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.81%	19.02%	+3.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.54%	19.02%	+8.52%

FLLA vs. OTGL - Expense Ratio Comparison

FLLA has a 0.19% expense ratio, which is lower than OTGL's 0.95% expense ratio.

Dividends

FLLA vs. OTGL - Dividend Comparison

FLLA's dividend yield for the trailing twelve months is around 5.38%, more than OTGL's 1.83% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
FLLA Franklin FTSE Latin America ETF	5.38%	6.06%	7.04%	5.45%	9.55%	7.60%	2.12%	3.18%	0.48%
OTGL OTG Latin America ETF	1.83%	1.89%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FLLA and OTGL in my portfolio?

FLLA and OTGL have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FLLA or OTGL?

On fees, FLLA is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FLLA or OTGL?

FLLA is cheaper with a 0.19% expense ratio, compared with 0.95% for OTGL.

Which ETF pays a higher dividend yield, FLLA or OTGL?

FLLA has the higher dividend yield at 5.38%, compared with 1.83% for OTGL.

What is the main difference between FLLA and OTGL?

FLLA tracks FTSE Latin America RIC Capped Index, while OTGL tracks Actively Managed. They also come from different issuers: Franklin Templeton and OTG. Their fees differ too: 0.19% for FLLA and 0.95% for OTGL.