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FLQM vs. VOE
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FLQM and VOE is 0.83, 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.


-0.50.00.51.00.8

Performance

FLQM vs. VOE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin LibertyQ U.S. Mid Cap Equity ETF (FLQM) and Vanguard Mid-Cap Value ETF (VOE). The values are adjusted to include any dividend payments, if applicable.

80.00%100.00%120.00%140.00%160.00%JulyAugustSeptemberOctoberNovemberDecember
136.16%
89.37%
FLQM
VOE

Key characteristics

Sharpe Ratio

FLQM:

1.27

VOE:

1.42

Sortino Ratio

FLQM:

1.86

VOE:

2.01

Omega Ratio

FLQM:

1.22

VOE:

1.25

Calmar Ratio

FLQM:

2.03

VOE:

1.93

Martin Ratio

FLQM:

6.03

VOE:

7.46

Ulcer Index

FLQM:

2.67%

VOE:

2.25%

Daily Std Dev

FLQM:

12.63%

VOE:

11.77%

Max Drawdown

FLQM:

-37.26%

VOE:

-61.55%

Current Drawdown

FLQM:

-7.24%

VOE:

-7.30%

Returns By Period

The year-to-date returns for both investments are quite close, with FLQM having a 14.31% return and VOE slightly higher at 14.38%.


FLQM

YTD

14.31%

1M

-3.62%

6M

6.17%

1Y

14.84%

5Y*

11.73%

10Y*

N/A

VOE

YTD

14.38%

1M

-5.64%

6M

8.71%

1Y

15.12%

5Y*

8.94%

10Y*

8.45%

Compare stocks, funds, or ETFs

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


FLQM vs. VOE - Expense Ratio Comparison

FLQM has a 0.30% expense ratio, which is higher than VOE's 0.07% expense ratio.


FLQM
Franklin LibertyQ U.S. Mid Cap Equity ETF
Expense ratio chart for FLQM: current value at 0.30% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.30%
Expense ratio chart for VOE: current value at 0.07% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.07%

Risk-Adjusted Performance

FLQM vs. VOE - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin LibertyQ U.S. Mid Cap Equity ETF (FLQM) and Vanguard Mid-Cap Value ETF (VOE). 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 FLQM, currently valued at 1.27, compared to the broader market0.002.004.001.271.42
The chart of Sortino ratio for FLQM, currently valued at 1.86, compared to the broader market-2.000.002.004.006.008.0010.001.862.01
The chart of Omega ratio for FLQM, currently valued at 1.22, compared to the broader market0.501.001.502.002.503.001.221.25
The chart of Calmar ratio for FLQM, currently valued at 2.03, compared to the broader market0.005.0010.0015.002.031.93
The chart of Martin ratio for FLQM, currently valued at 6.03, compared to the broader market0.0020.0040.0060.0080.00100.006.037.46
FLQM
VOE

The current FLQM Sharpe Ratio is 1.27, which is comparable to the VOE Sharpe Ratio of 1.42. The chart below compares the historical Sharpe Ratios of FLQM and VOE, 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 Ratio1.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.27
1.42
FLQM
VOE

Dividends

FLQM vs. VOE - Dividend Comparison

FLQM's dividend yield for the trailing twelve months is around 0.83%, less than VOE's 1.48% yield.


TTM20232022202120202019201820172016201520142013
FLQM
Franklin LibertyQ U.S. Mid Cap Equity ETF
0.83%1.27%1.33%1.05%1.09%1.36%1.45%1.14%0.00%0.00%0.00%0.00%
VOE
Vanguard Mid-Cap Value ETF
1.48%2.27%2.27%1.78%2.36%2.05%2.75%1.86%1.92%2.05%1.67%1.53%

Drawdowns

FLQM vs. VOE - Drawdown Comparison

The maximum FLQM drawdown since its inception was -37.26%, smaller than the maximum VOE drawdown of -61.55%. Use the drawdown chart below to compare losses from any high point for FLQM and VOE. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-7.24%
-7.30%
FLQM
VOE

Volatility

FLQM vs. VOE - Volatility Comparison

Franklin LibertyQ U.S. Mid Cap Equity ETF (FLQM) and Vanguard Mid-Cap Value ETF (VOE) have volatilities of 4.29% and 4.17%, 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.


2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
4.29%
4.17%
FLQM
VOE
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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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