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FLMX vs. AAA
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FLMX and AAA is 0.01, 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.


-0.50.00.51.00.0

Performance

FLMX vs. AAA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin FTSE Mexico ETF (FLMX) and AAF First Priority CLO Bond ETF (AAA). The values are adjusted to include any dividend payments, if applicable.

20.00%40.00%60.00%80.00%100.00%JulyAugustSeptemberOctoberNovemberDecember
66.10%
17.78%
FLMX
AAA

Key characteristics

Sharpe Ratio

FLMX:

-1.09

AAA:

3.73

Sortino Ratio

FLMX:

-1.44

AAA:

6.34

Omega Ratio

FLMX:

0.82

AAA:

1.83

Calmar Ratio

FLMX:

-0.86

AAA:

18.73

Martin Ratio

FLMX:

-1.55

AAA:

71.12

Ulcer Index

FLMX:

16.69%

AAA:

0.10%

Daily Std Dev

FLMX:

23.72%

AAA:

1.89%

Max Drawdown

FLMX:

-50.05%

AAA:

-2.63%

Current Drawdown

FLMX:

-29.36%

AAA:

0.00%

Returns By Period

In the year-to-date period, FLMX achieves a -26.07% return, which is significantly lower than AAA's 6.67% return.


FLMX

YTD

-26.07%

1M

-2.95%

6M

-13.67%

1Y

-25.95%

5Y*

3.65%

10Y*

N/A

AAA

YTD

6.67%

1M

0.67%

6M

3.15%

1Y

6.69%

5Y*

N/A

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FLMX vs. AAA - Expense Ratio Comparison

FLMX has a 0.19% expense ratio, which is lower than AAA's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


AAA
AAF First Priority CLO Bond ETF
Expense ratio chart for AAA: current value at 0.25% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.25%
Expense ratio chart for FLMX: current value at 0.19% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.19%

Risk-Adjusted Performance

FLMX vs. AAA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Mexico ETF (FLMX) and AAF First Priority CLO Bond ETF (AAA). 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.


Sharpe ratio
The chart of Sharpe ratio for FLMX, currently valued at -1.09, compared to the broader market0.002.004.00-1.093.73
The chart of Sortino ratio for FLMX, currently valued at -1.44, compared to the broader market-2.000.002.004.006.008.0010.00-1.446.34
The chart of Omega ratio for FLMX, currently valued at 0.82, compared to the broader market0.501.001.502.002.503.000.821.83
The chart of Calmar ratio for FLMX, currently valued at -0.86, compared to the broader market0.005.0010.0015.00-0.8618.73
The chart of Martin ratio for FLMX, currently valued at -1.55, compared to the broader market0.0020.0040.0060.0080.00100.00-1.5571.12
FLMX
AAA

The current FLMX Sharpe Ratio is -1.09, which is lower than the AAA Sharpe Ratio of 3.73. The chart below compares the historical Sharpe Ratios of FLMX and AAA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.004.005.00JulyAugustSeptemberOctoberNovemberDecember
-1.09
3.73
FLMX
AAA

Dividends

FLMX vs. AAA - Dividend Comparison

FLMX's dividend yield for the trailing twelve months is around 0.77%, less than AAA's 6.21% yield.


TTM2023202220212020201920182017
FLMX
Franklin FTSE Mexico ETF
0.77%2.90%4.22%3.15%1.48%2.95%2.51%0.31%
AAA
AAF First Priority CLO Bond ETF
6.21%6.12%2.78%1.06%0.32%0.00%0.00%0.00%

Drawdowns

FLMX vs. AAA - Drawdown Comparison

The maximum FLMX drawdown since its inception was -50.05%, which is greater than AAA's maximum drawdown of -2.63%. Use the drawdown chart below to compare losses from any high point for FLMX and AAA. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-29.36%
0
FLMX
AAA

Volatility

FLMX vs. AAA - Volatility Comparison

Franklin FTSE Mexico ETF (FLMX) has a higher volatility of 6.42% compared to AAF First Priority CLO Bond ETF (AAA) at 0.56%. This indicates that FLMX's price experiences larger fluctuations and is considered to be riskier than AAA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%2.00%4.00%6.00%8.00%10.00%12.00%14.00%JulyAugustSeptemberOctoberNovemberDecember
6.42%
0.56%
FLMX
AAA
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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