FLMX vs. VWO
Compare and contrast key facts about Franklin FTSE Mexico ETF (FLMX) and Vanguard FTSE Emerging Markets ETF (VWO).
FLMX and VWO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLMX is a passively managed fund by Franklin Templeton that tracks the performance of the FTSE Mexico RIC Capped Index. It was launched on Nov 3, 2017. VWO is a passively managed fund by Vanguard that tracks the performance of the FTSE Emerging Index. It was launched on Mar 4, 2005. Both FLMX and VWO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLMX or VWO.
Key characteristics
| FLMX | VWO | |
|---|---|---|
| YTD Return | -2.27% | 1.89% |
| 1Y Return | 14.32% | 9.82% |
| 3Y Return (Ann) | 14.94% | -4.66% |
| 5Y Return (Ann) | 10.03% | 2.39% |
| Sharpe Ratio | 0.67 | 0.77 |
| Daily Std Dev | 19.89% | 13.72% |
| Max Drawdown | -50.05% | -67.68% |
| Current Drawdown | -6.62% | -17.98% |
Correlation
The correlation between FLMX and VWO 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
FLMX vs. VWO - Performance Comparison
In the year-to-date period, FLMX achieves a -2.27% return, which is significantly lower than VWO's 1.89% 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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FLMX vs. VWO - Expense Ratio Comparison
FLMX has a 0.19% expense ratio, which is higher than VWO's 0.08% 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%.
Risk-Adjusted Performance
FLMX vs. VWO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Mexico ETF (FLMX) and Vanguard FTSE Emerging Markets ETF (VWO). 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
FLMX vs. VWO - Dividend Comparison
FLMX's dividend yield for the trailing twelve months is around 2.97%, less than VWO's 3.48% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLMX Franklin FTSE Mexico ETF | 2.97% | 2.90% | 4.22% | 3.15% | 1.48% | 2.95% | 2.51% | 0.31% | 0.00% | 0.00% | 0.00% | 0.00% |
VWO Vanguard FTSE Emerging Markets ETF | 3.48% | 3.52% | 4.11% | 2.63% | 1.91% | 3.23% | 2.88% | 2.30% | 2.52% | 3.26% | 2.86% | 2.73% |
Drawdowns
FLMX vs. VWO - Drawdown Comparison
The maximum FLMX drawdown since its inception was -50.05%, smaller than the maximum VWO drawdown of -67.68%. Use the drawdown chart below to compare losses from any high point for FLMX and VWO. For additional features, visit the drawdowns tool.
Volatility
FLMX vs. VWO - Volatility Comparison
Franklin FTSE Mexico ETF (FLMX) has a higher volatility of 4.87% compared to Vanguard FTSE Emerging Markets ETF (VWO) at 3.35%. This indicates that FLMX's price experiences larger fluctuations and is considered to be riskier than VWO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.