FLQS vs. CSB
Compare and contrast key facts about Franklin LibertyQ U.S. Small Cap Equity ETF (FLQS) and VictoryShares US Small Cap High Dividend Volatility Wtd ETF (CSB).
FLQS and CSB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLQS is a passively managed fund by Franklin Templeton that tracks the performance of the LibertyQ U.S. Small Cap Equity Index. It was launched on Apr 26, 2017. CSB is a passively managed fund by Crestview that tracks the performance of the Nasdaq Victory U.S. Small Cap High Dividend 100 Volatility Weighted Index. It was launched on Jul 8, 2015. Both FLQS and CSB 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: FLQS or CSB.
Key characteristics
| FLQS | CSB | |
|---|---|---|
| YTD Return | -0.12% | -2.33% |
| 1Y Return | 17.00% | 10.05% |
| 3Y Return (Ann) | 2.51% | 0.13% |
| 5Y Return (Ann) | 8.10% | 7.74% |
| Sharpe Ratio | 1.08 | 0.57 |
| Daily Std Dev | 16.58% | 18.61% |
| Max Drawdown | -42.16% | -42.08% |
| Current Drawdown | -4.36% | -6.26% |
Correlation
The correlation between FLQS and CSB 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.
Performance
FLQS vs. CSB - Performance Comparison
In the year-to-date period, FLQS achieves a -0.12% return, which is significantly higher than CSB's -2.33% 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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FLQS vs. CSB - Expense Ratio Comparison
Both FLQS and CSB have an expense ratio of 0.35%.
Risk-Adjusted Performance
FLQS vs. CSB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin LibertyQ U.S. Small Cap Equity ETF (FLQS) and VictoryShares US Small Cap High Dividend Volatility Wtd ETF (CSB). 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
FLQS vs. CSB - Dividend Comparison
FLQS's dividend yield for the trailing twelve months is around 1.59%, less than CSB's 3.65% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF | 1.59% | 1.75% | 1.40% | 0.95% | 1.20% | 1.41% | 1.27% | 1.03% | 0.00% | 0.00% |
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF | 3.65% | 3.45% | 3.60% | 3.11% | 3.70% | 3.19% | 3.45% | 3.19% | 2.85% | 1.57% |
Drawdowns
FLQS vs. CSB - Drawdown Comparison
The maximum FLQS drawdown since its inception was -42.16%, roughly equal to the maximum CSB drawdown of -42.08%. Use the drawdown chart below to compare losses from any high point for FLQS and CSB. For additional features, visit the drawdowns tool.
Volatility
FLQS vs. CSB - Volatility Comparison
The current volatility for Franklin LibertyQ U.S. Small Cap Equity ETF (FLQS) is 4.23%, while VictoryShares US Small Cap High Dividend Volatility Wtd ETF (CSB) has a volatility of 4.46%. This indicates that FLQS experiences smaller price fluctuations and is considered to be less risky than CSB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.