FLQD vs. BTC-USD
Compare and contrast key facts about Franklin LibertyQ Global Dividend ETF (FLQD) and Bitcoin (BTC-USD).
FLQD is a passively managed fund by Franklin Templeton that tracks the performance of the LibertyQ Global Dividend Index. It was launched on Jun 1, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLQD or BTC-USD.
Correlation
The correlation between FLQD and BTC-USD is 0.11, 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.
Performance
FLQD vs. BTC-USD - Performance Comparison
Key characteristics
Returns By Period
FLQD
N/A
N/A
N/A
N/A
N/A
N/A
BTC-USD
2.89%
-7.26%
49.98%
87.36%
57.48%
82.18%
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Risk-Adjusted Performance
FLQD vs. BTC-USD — Risk-Adjusted Performance Rank
FLQD
BTC-USD
FLQD vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin LibertyQ Global Dividend ETF (FLQD) and Bitcoin (BTC-USD). 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.
Drawdowns
FLQD vs. BTC-USD - Drawdown Comparison
Volatility
FLQD vs. BTC-USD - Volatility Comparison
The current volatility for Franklin LibertyQ Global Dividend ETF (FLQD) is 0.00%, while Bitcoin (BTC-USD) has a volatility of 9.00%. This indicates that FLQD experiences smaller price fluctuations and is considered to be less risky than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.