FLN vs. FLLA
Compare and contrast key facts about First Trust Latin America AlphaDEX Fund (FLN) and Franklin FTSE Latin America ETF (FLLA).
FLN and FLLA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLN is a passively managed fund by First Trust that tracks the performance of the NASDAQ AlphaDEX Latin America Index. It was launched on Apr 18, 2011. FLLA is a passively managed fund by Franklin Templeton that tracks the performance of the FTSE Latin America RIC Capped Index. It was launched on Oct 9, 2018. Both FLN and FLLA are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
FLN vs. FLLA - Performance Comparison
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FLN vs. FLLA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FLN First Trust Latin America AlphaDEX Fund | 13.57% | 55.05% | -23.10% | 29.68% | 2.73% | -6.94% | -12.27% | 27.22% | -3.18% |
FLLA Franklin FTSE Latin America ETF | 17.39% | 51.81% | -26.89% | 32.71% | 7.78% | -8.93% | -15.08% | 19.59% | -2.78% |
Returns By Period
In the year-to-date period, FLN achieves a 13.57% return, which is significantly lower than FLLA's 17.39% return.
FLN
- 1D
- 3.41%
- 1M
- -4.91%
- YTD
- 13.57%
- 6M
- 21.94%
- 1Y
- 53.52%
- 3Y*
- 19.30%
- 5Y*
- 12.67%
- 10Y*
- 9.71%
FLLA
- 1D
- 3.89%
- 1M
- -2.95%
- YTD
- 17.39%
- 6M
- 25.40%
- 1Y
- 54.98%
- 3Y*
- 18.51%
- 5Y*
- 12.45%
- 10Y*
- —
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FLN vs. FLLA - Expense Ratio Comparison
FLN has a 0.80% expense ratio, which is higher than FLLA's 0.19% expense ratio.
Return for Risk
FLN vs. FLLA — Risk / Return Rank
FLN
FLLA
FLN vs. FLLA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Latin America AlphaDEX Fund (FLN) and Franklin FTSE Latin America ETF (FLLA). 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.
| FLN | FLLA | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.34 | 2.40 | -0.06 |
Sortino ratioReturn per unit of downside risk | 2.86 | 2.97 | -0.11 |
Omega ratioGain probability vs. loss probability | 1.41 | 1.42 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 4.60 | 4.67 | -0.07 |
Martin ratioReturn relative to average drawdown | 14.39 | 15.05 | -0.66 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FLN | FLLA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.34 | 2.40 | -0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.57 | 0.55 | +0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.35 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.09 | 0.26 | -0.17 |
Correlation
The correlation between FLN and FLLA is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
FLN vs. FLLA - Dividend Comparison
FLN's dividend yield for the trailing twelve months is around 3.53%, less than FLLA's 5.16% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLN First Trust Latin America AlphaDEX Fund | 3.53% | 3.40% | 6.26% | 4.17% | 5.57% | 4.70% | 1.64% | 1.91% | 3.08% | 10.28% | 1.06% | 2.34% |
FLLA Franklin FTSE Latin America ETF | 5.16% | 6.06% | 7.04% | 5.45% | 9.55% | 7.60% | 2.12% | 3.18% | 0.48% | 0.00% | 0.00% | 0.00% |
Drawdowns
FLN vs. FLLA - Drawdown Comparison
The maximum FLN drawdown since its inception was -57.95%, which is greater than FLLA's maximum drawdown of -53.88%. Use the drawdown chart below to compare losses from any high point for FLN and FLLA.
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Drawdown Indicators
| FLN | FLLA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.95% | -53.88% | -4.07% |
Max Drawdown (1Y)Largest decline over 1 year | -11.42% | -11.59% | +0.17% |
Max Drawdown (5Y)Largest decline over 5 years | -25.95% | -28.32% | +2.37% |
Max Drawdown (10Y)Largest decline over 10 years | -57.75% | — | — |
Current DrawdownCurrent decline from peak | -5.74% | -4.01% | -1.73% |
Average DrawdownAverage peak-to-trough decline | -19.07% | -13.69% | -5.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.65% | 3.59% | +0.06% |
Volatility
FLN vs. FLLA - Volatility Comparison
First Trust Latin America AlphaDEX Fund (FLN) and Franklin FTSE Latin America ETF (FLLA) have volatilities of 11.49% and 11.50%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FLN | FLLA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.49% | 11.50% | -0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 17.19% | 17.21% | -0.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.97% | 23.04% | -0.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.55% | 22.80% | -0.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.73% | 27.66% | +0.07% |