FLLA vs. VTV

Last updated Jul 26, 2026

FLLA (Franklin FTSE Latin America ETF) and VTV (Vanguard Value ETF) are both exchange-traded funds - FLLA is a Latin America Equities fund tracking the FTSE Latin America RIC Capped Index, while VTV is a Large Cap Value Equities fund tracking the CRSP US Large Cap Value Index. Both are passively managed. Over the past 5 years, FLLA returned 9.29%/yr vs 12.51%/yr for VTV. Their 0.50 correlation means they have sometimes moved together and sometimes differently. FLLA charges 0.19%/yr vs 0.04%/yr for VTV.

Performance

FLLA vs. VTV - Performance Comparison

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

Returns By Period

In the year-to-date period, FLLA achieves a 14.21% return, which is significantly lower than VTV's 16.94% return.

FLLA

• 1D: -0.61%
• 1M: 2.56%
• 6M: -0.13%
• YTD: 14.21%
• 1Y: 37.04%
• 3Y*: 10.65%
• 5Y*: 9.29%
• 10Y*: —
• ALL TIME*: 6.48%

VTV

• 1D: 0.53%
• 1M: 0.73%
• 6M: 13.03%
• YTD: 16.94%
• 1Y: 24.90%
• 3Y*: 17.23%
• 5Y*: 12.51%
• 10Y*: 12.48%
• ALL TIME*: 9.70%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FLLA Franklin FTSE Latin America ETF	$721.85K	$757.25K	$1.17M
VTV Vanguard Value ETF	$654.06M	$690.11M	$596.84M

FLLA vs. VTV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FLLA Franklin FTSE Latin America ETF	14.21%	51.81%	-26.89%	32.71%	7.78%	-8.93%	-15.08%	19.59%	-2.78%
VTV Vanguard Value ETF	16.94%	15.27%	15.95%	9.32%	-2.09%	26.53%	2.33%	25.66%	-8.73%

Correlation

The correlation between FLLA and VTV is 0.47, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.48
Correlation (3Y) Balances recent behavior with more history.	0.46
Correlation (5Y) Shows whether the relationship held over a longer period.	0.48
Correlation (All Time) Calculated using the full available price history since Oct 11, 2018	0.50

The correlation between FLLA and VTV has been stable across timeframes, ranging from 0.46 to 0.50 - a consistent structural relationship.

FLLA vs. VTV - Sectors Allocation Comparison

Sectors	FLLA	VTV
Financial Services	27.0%	22.4%
Basic Materials	18.1%	3.0%
Consumer Defensive	11.2%	8.7%
Energy	11.2%	6.9%
Utilities	9.9%	4.8%
Industrials	9.6%	14.3%
Communication Services	3.8%	2.9%
Real Estate	3.0%	2.5%
Consumer Cyclical	2.8%	3.9%
Healthcare	0.8%	15.2%
Technology	0.4%	15.3%

Return for Risk

FLLA vs. VTV — Risk / Return Rank

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

FLLA

FLLA Risk / Return Rank: 69
FLLA Sharpe Ratio Rank: 74
FLLA Sortino Ratio Rank: 70
FLLA Omega Ratio Rank: 71
FLLA Calmar Ratio Rank: 74
FLLA Martin Ratio Rank: 55

VTV

VTV Risk / Return Rank: 92
VTV Sharpe Ratio Rank: 93
VTV Sortino Ratio Rank: 94
VTV Omega Ratio Rank: 92
VTV Calmar Ratio Rank: 91
VTV Martin Ratio Rank: 91

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. VTV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Latin America ETF (FLLA) and Vanguard Value ETF (VTV). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FLLA	VTV	Difference
Sharpe ratio: Return per unit of total volatility	1.70	2.49	-0.79
Sortino ratio: Return per unit of downside risk	2.29	3.60	-1.30
Omega ratio: Gain probability vs. loss probability	1.30	1.45	-0.15
Calmar ratio: Return relative to maximum drawdown	2.67	4.02	-1.36
Martin ratio: Return relative to average drawdown	6.62	15.23	-8.61

FLLA vs. VTV - Sharpe Ratio Comparison

The current FLLA Sharpe Ratio is 1.70, which is lower than the VTV Sharpe Ratio of 2.49. The chart below compares the historical Sharpe Ratios of FLLA and VTV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FLLA vs. VTV - Drawdown Comparison

The maximum FLLA drawdown since its inception was -53.88%, smaller than the maximum VTV drawdown of -59.27%. Use the drawdown chart below to compare losses from any high point for FLLA and VTV.

Drawdown Indicators

	FLLA	VTV	Difference
Max Drawdown Largest peak-to-trough decline	-53.88%	-59.27%	+5.39%
Max Drawdown (1Y) Largest decline over 1 year	-13.75%	-6.35%	-7.40%
Max Drawdown (3Y) Largest decline over 3 years	-27.76%	-14.52%	-13.24%
Max Drawdown (5Y) Largest decline over 5 years	-28.32%	-17.04%	-11.28%
Max Drawdown (10Y) Largest decline over 10 years	—	-36.78%	—
Current Drawdown Current decline from peak	-9.71%	0.00%	-9.71%
Average Drawdown Average peak-to-trough decline	-13.43%	-7.82%	-5.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.53%	1.67%	+3.86%

Volatility

FLLA vs. VTV - Volatility Comparison

Franklin FTSE Latin America ETF (FLLA) has a higher volatility of 4.59% compared to Vanguard Value ETF (VTV) at 2.48%. This indicates that FLLA's price experiences larger fluctuations and is considered to be riskier than VTV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLLA	VTV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.59%	2.48%	+2.11%
Volatility (6M) Calculated over the trailing 6-month period	17.69%	7.59%	+10.10%
Volatility (1Y) Calculated over the trailing 1-year period	21.61%	10.28%	+11.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.74%	13.81%	+8.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.39%	16.61%	+10.78%

FLLA vs. VTV - Expense Ratio Comparison

FLLA has a 0.19% expense ratio, which is higher than VTV's 0.04% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

FLLA vs. VTV - Dividend Comparison

FLLA's dividend yield for the trailing twelve months is around 4.80%, more than VTV's 1.85% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FLLA Franklin FTSE Latin America ETF	4.80%	6.06%	7.04%	5.45%	9.55%	7.60%	2.12%	3.18%	0.48%	0.00%	0.00%	0.00%
VTV Vanguard Value ETF	1.85%	2.05%	2.31%	2.46%	2.52%	2.15%	2.56%	2.50%	2.73%	2.29%	2.44%	2.60%

Frequently Asked Questions

Can I hold both FLLA and VTV in my portfolio?

FLLA and VTV have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FLLA or VTV?

FLLA has higher volatility (4.59%) compared to VTV (2.48%). In terms of maximum drawdown, FLLA dropped -53.88% vs VTV's -59.27%.

Which ETF is better, FLLA or VTV?

On 5-year performance, VTV leads with 12.51% vs 9.29% for FLLA. On fees, VTV is cheaper at 0.04% per year. On volatility, VTV has been the lower-risk option at 2.48%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FLLA or VTV?

Over the 5-year period, VTV has performed better with a 12.51% return vs 9.29%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FLLA or VTV?

VTV is cheaper with a 0.04% expense ratio, compared with 0.19% for FLLA.

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

FLLA has the higher dividend yield at 4.80%, compared with 1.85% for VTV.

What is the main difference between FLLA and VTV?

FLLA is categorized as Latin America Equities, while VTV is Large Cap Value Equities. FLLA tracks FTSE Latin America RIC Capped Index, while VTV tracks CRSP US Large Cap Value Index. They also come from different issuers: Franklin Templeton and Vanguard. Their fees differ too: 0.19% for FLLA and 0.04% for VTV.

Which has better risk-adjusted returns?

VTV currently has the higher Sharpe Ratio (2.49 vs 1.70), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.