FLLV vs. KBWD
Compare and contrast key facts about Franklin Liberty U.S. Low Volatility ETF (FLLV) and Invesco KBW High Dividend Yield Financial ETF (KBWD).
FLLV and KBWD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLLV is an actively managed fund by Franklin Templeton. It was launched on Sep 20, 2016. KBWD is a passively managed fund by Invesco that tracks the performance of the KBW Nasdaq Financial Sector Dividend Yield Index. It was launched on Dec 2, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLLV or KBWD.
Key characteristics
| FLLV | KBWD | |
|---|---|---|
| YTD Return | 13.34% | 5.90% |
| 1Y Return | 19.90% | 15.64% |
| 3Y Return (Ann) | 6.94% | -0.13% |
| 5Y Return (Ann) | 11.01% | 3.52% |
| Sharpe Ratio | 2.44 | 0.95 |
| Sortino Ratio | 3.35 | 1.35 |
| Omega Ratio | 1.44 | 1.17 |
| Calmar Ratio | 4.14 | 1.01 |
| Martin Ratio | 13.00 | 3.87 |
| Ulcer Index | 1.71% | 4.20% |
| Daily Std Dev | 9.11% | 17.07% |
| Max Drawdown | -33.95% | -58.63% |
| Current Drawdown | -1.46% | -2.85% |
Correlation
The correlation between FLLV and KBWD is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FLLV vs. KBWD - Performance Comparison
In the year-to-date period, FLLV achieves a 13.34% return, which is significantly higher than KBWD's 5.90% 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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FLLV vs. KBWD - Expense Ratio Comparison
FLLV has a 0.29% expense ratio, which is lower than KBWD's 1.24% expense ratio.
Risk-Adjusted Performance
FLLV vs. KBWD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Liberty U.S. Low Volatility ETF (FLLV) and Invesco KBW High Dividend Yield Financial ETF (KBWD). 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
FLLV vs. KBWD - Dividend Comparison
FLLV's dividend yield for the trailing twelve months is around 2.95%, less than KBWD's 11.99% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLLV Franklin Liberty U.S. Low Volatility ETF | 2.95% | 1.75% | 0.00% | 1.41% | 0.00% | 1.31% | 0.00% | 1.44% | 0.50% | 0.00% | 0.00% | 0.00% |
KBWD Invesco KBW High Dividend Yield Financial ETF | 11.99% | 11.46% | 11.31% | 7.27% | 9.66% | 8.64% | 9.47% | 8.78% | 8.68% | 8.89% | 8.31% | 7.68% |
Drawdowns
FLLV vs. KBWD - Drawdown Comparison
The maximum FLLV drawdown since its inception was -33.95%, smaller than the maximum KBWD drawdown of -58.63%. Use the drawdown chart below to compare losses from any high point for FLLV and KBWD. For additional features, visit the drawdowns tool.
Volatility
FLLV vs. KBWD - Volatility Comparison
The current volatility for Franklin Liberty U.S. Low Volatility ETF (FLLV) is 2.33%, while Invesco KBW High Dividend Yield Financial ETF (KBWD) has a volatility of 4.90%. This indicates that FLLV experiences smaller price fluctuations and is considered to be less risky than KBWD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.