FLQH vs. COWZ
Compare and contrast key facts about Franklin LibertyQ International Equity Hedged ETF (FLQH) and Pacer US Cash Cows 100 ETF (COWZ).
FLQH and COWZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLQH is a passively managed fund by Franklin Templeton that tracks the performance of the LibertyQ International Equity Hedged Index. It was launched on Jun 1, 2016. COWZ is a passively managed fund by Pacer Advisors that tracks the performance of the Pacer US Cash Cows 100 Index. It was launched on Dec 16, 2016. Both FLQH and COWZ 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: FLQH or COWZ.
Key characteristics
| FLQH | COWZ |
|---|
Correlation
The correlation between FLQH and COWZ is 0.60, 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
FLQH vs. COWZ - Performance Comparison
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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FLQH vs. COWZ - Expense Ratio Comparison
FLQH has a 0.40% expense ratio, which is lower than COWZ's 0.49% expense ratio.
Risk-Adjusted Performance
FLQH vs. COWZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin LibertyQ International Equity Hedged ETF (FLQH) and Pacer US Cash Cows 100 ETF (COWZ). 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
FLQH vs. COWZ - Dividend Comparison
FLQH has not paid dividends to shareholders, while COWZ's dividend yield for the trailing twelve months is around 1.83%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
FLQH Franklin LibertyQ International Equity Hedged ETF | 3.83% | 3.17% | 0.87% | 2.77% | 6.23% | 1.61% | 5.67% | 4.02% | 11.56% |
COWZ Pacer US Cash Cows 100 ETF | 1.83% | 1.92% | 1.96% | 1.48% | 2.54% | 1.96% | 1.67% | 1.94% | 0.13% |
Drawdowns
FLQH vs. COWZ - Drawdown Comparison
Volatility
FLQH vs. COWZ - Volatility Comparison
The current volatility for Franklin LibertyQ International Equity Hedged ETF (FLQH) is 0.00%, while Pacer US Cash Cows 100 ETF (COWZ) has a volatility of 4.08%. This indicates that FLQH experiences smaller price fluctuations and is considered to be less risky than COWZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.