FLSA vs. VEXC

Last updated Apr 1, 2026

Compare and contrast key facts about Franklin FTSE Saudi Arabia ETF (FLSA) and Vanguard Emerging Markets Ex-China ETF (VEXC).

FLSA and VEXC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLSA is a passively managed fund by Franklin Templeton that tracks the performance of the FTSE Saudi Arabia RIC Capped Index. It was launched on Oct 9, 2018. VEXC is a passively managed fund by Vanguard that tracks the performance of the FTSE Emerging ex China Index. It was launched on Sep 30, 2025. Both FLSA and VEXC 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

FLSA vs. VEXC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin FTSE Saudi Arabia ETF (FLSA) and Vanguard Emerging Markets Ex-China ETF (VEXC). The values are adjusted to include any dividend payments, if applicable.

FLSA vs. VEXC - Yearly Performance Comparison

	2026 (YTD)	2025
FLSA Franklin FTSE Saudi Arabia ETF	9.11%	-8.57%
VEXC Vanguard Emerging Markets Ex-China ETF	2.61%	4.80%

Returns By Period

In the year-to-date period, FLSA achieves a 9.11% return, which is significantly higher than VEXC's 2.61% return.

FLSA

• 1D: 2.36%
• 1M: 6.79%
• YTD: 9.11%
• 6M: 0.01%
• 1Y: -0.07%
• 3Y*: 3.84%
• 5Y*: 5.24%
• 10Y*: —

VEXC

• 1D: 3.26%
• 1M: -8.07%
• YTD: 2.61%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FLSA vs. VEXC - Expense Ratio Comparison

FLSA has a 0.39% expense ratio, which is higher than VEXC's 0.07% expense ratio.

FLSA

Franklin FTSE Saudi Arabia ETF

VEXC

Vanguard Emerging Markets Ex-China ETF

Return for Risk

FLSA vs. VEXC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FLSA

FLSA Risk / Return Rank: 12
FLSA Sharpe Ratio Rank: 12
FLSA Sortino Ratio Rank: 12
FLSA Omega Ratio Rank: 12
FLSA Calmar Ratio Rank: 13
FLSA Martin Ratio Rank: 13

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FLSA vs. VEXC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Saudi Arabia ETF (FLSA) and Vanguard Emerging Markets Ex-China ETF (VEXC). 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.

	FLSA	VEXC	Difference
Sharpe ratio Return per unit of total volatility	-0.00	—	—
Sortino ratio Return per unit of downside risk	0.13	—	—
Omega ratio Gain probability vs. loss probability	1.02	—	—
Calmar ratio Return relative to maximum drawdown	0.06	—	—
Martin ratio Return relative to average drawdown	0.11	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	FLSA	VEXC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.00	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.33	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	0.92	-0.52

Correlation

The correlation between FLSA and VEXC is 0.53, 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.

Dividends

FLSA vs. VEXC - Dividend Comparison

FLSA's dividend yield for the trailing twelve months is around 3.68%, more than VEXC's 0.86% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019
FLSA Franklin FTSE Saudi Arabia ETF	3.68%	4.01%	3.01%	3.09%	1.90%	1.95%	2.16%	3.18%
VEXC Vanguard Emerging Markets Ex-China ETF	0.86%	0.43%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

FLSA vs. VEXC - Drawdown Comparison

The maximum FLSA drawdown since its inception was -38.31%, which is greater than VEXC's maximum drawdown of -12.42%. Use the drawdown chart below to compare losses from any high point for FLSA and VEXC.

Drawdown Indicators

	FLSA	VEXC	Difference
Max Drawdown Largest peak-to-trough decline	-38.31%	-12.42%	-25.89%
Max Drawdown (1Y) Largest decline over 1 year	-11.30%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-27.25%	—	—
Current Drawdown Current decline from peak	-12.60%	-9.57%	-3.03%
Average Drawdown Average peak-to-trough decline	-12.16%	-2.27%	-9.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.30%	—	—

Volatility

Volatility by Period

	FLSA	VEXC	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.17%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.15%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.72%	17.51%	+0.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.82%	17.51%	-1.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.54%	17.51%	+2.03%