FLSW vs. CHDVD.SW

Last updated Apr 1, 2026

Compare and contrast key facts about Franklin FTSE Switzerland ETF (FLSW) and iShares Swiss Dividend ETF (CH) (CHDVD.SW).

FLSW and CHDVD.SW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLSW is a passively managed fund by Franklin Templeton that tracks the performance of the FTSE Switzerland RIC Capped Index. It was launched on Feb 6, 2018. CHDVD.SW is a passively managed fund by iShares that tracks the performance of the SPI® Select Dividend 20 Index. It was launched on Apr 28, 2014. Both FLSW and CHDVD.SW 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

FLSW vs. CHDVD.SW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin FTSE Switzerland ETF (FLSW) and iShares Swiss Dividend ETF (CH) (CHDVD.SW). The values are adjusted to include any dividend payments, if applicable.

FLSW vs. CHDVD.SW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FLSW Franklin FTSE Switzerland ETF	-2.21%	32.92%	-1.77%	16.79%	-18.14%	20.82%	13.25%	31.66%	-7.85%
CHDVD.SW iShares Swiss Dividend ETF (CH)	-1.79%	35.65%	1.28%	20.40%	-11.58%	19.44%	14.60%	36.34%	-4.30%

Different Trading Currencies

FLSW is traded in USD, while CHDVD.SW is traded in CHF. To make them comparable, the CHDVD.SW values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, FLSW achieves a -2.21% return, which is significantly lower than CHDVD.SW's -1.79% return.

FLSW

• 1D: 2.29%
• 1M: -10.00%
• YTD: -2.21%
• 6M: 5.90%
• 1Y: 16.22%
• 3Y*: 11.56%
• 5Y*: 8.03%
• 10Y*: —

CHDVD.SW

• 1D: 0.58%
• 1M: -9.46%
• YTD: -1.79%
• 6M: 7.02%
• 1Y: 15.70%
• 3Y*: 15.47%
• 5Y*: 11.03%
• 10Y*: 12.12%

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

FLSW vs. CHDVD.SW - Expense Ratio Comparison

FLSW has a 0.09% expense ratio, which is lower than CHDVD.SW's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

CHDVD.SW

iShares Swiss Dividend ETF (CH)

FLSW

Franklin FTSE Switzerland ETF

Return for Risk

FLSW vs. CHDVD.SW — Risk / Return Rank

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

FLSW

FLSW Risk / Return Rank: 51
FLSW Sharpe Ratio Rank: 58
FLSW Sortino Ratio Rank: 58
FLSW Omega Ratio Rank: 51
FLSW Calmar Ratio Rank: 44
FLSW Martin Ratio Rank: 46

CHDVD.SW

CHDVD.SW Risk / Return Rank: 19
CHDVD.SW Sharpe Ratio Rank: 21
CHDVD.SW Sortino Ratio Rank: 19
CHDVD.SW Omega Ratio Rank: 21
CHDVD.SW Calmar Ratio Rank: 16
CHDVD.SW Martin Ratio Rank: 17

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.

FLSW vs. CHDVD.SW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Switzerland ETF (FLSW) and iShares Swiss Dividend ETF (CH) (CHDVD.SW). 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.

	FLSW	CHDVD.SW	Difference
Sharpe ratio Return per unit of total volatility	0.99	0.83	+0.16
Sortino ratio Return per unit of downside risk	1.46	1.23	+0.23
Omega ratio Gain probability vs. loss probability	1.19	1.18	+0.01
Calmar ratio Return relative to maximum drawdown	1.08	1.17	-0.09
Martin ratio Return relative to average drawdown	4.21	4.22	-0.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FLSW vs. CHDVD.SW - Sharpe Ratio Comparison

The current FLSW Sharpe Ratio is 0.99, which is comparable to the CHDVD.SW Sharpe Ratio of 0.83. The chart below compares the historical Sharpe Ratios of FLSW and CHDVD.SW, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FLSW	CHDVD.SW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.99	0.83	+0.16
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.52	0.71	-0.19
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.76	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	0.58	-0.04

Correlation

The correlation between FLSW and CHDVD.SW is 0.74, 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.

Dividends

FLSW vs. CHDVD.SW - Dividend Comparison

FLSW's dividend yield for the trailing twelve months is around 2.17%, less than CHDVD.SW's 3.00% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FLSW Franklin FTSE Switzerland ETF	2.17%	2.12%	2.04%	2.36%	2.02%	1.86%	2.28%	1.15%	2.86%	0.00%	0.00%	0.00%
CHDVD.SW iShares Swiss Dividend ETF (CH)	3.00%	3.46%	3.32%	3.48%	3.48%	2.92%	3.07%	3.25%	3.83%	3.50%	2.70%	3.13%

Drawdowns

FLSW vs. CHDVD.SW - Drawdown Comparison

The maximum FLSW drawdown since its inception was -28.16%, smaller than the maximum CHDVD.SW drawdown of -30.26%. Use the drawdown chart below to compare losses from any high point for FLSW and CHDVD.SW.

Drawdown Indicators

	FLSW	CHDVD.SW	Difference
Max Drawdown Largest peak-to-trough decline	-28.16%	-30.09%	+1.93%
Max Drawdown (1Y) Largest decline over 1 year	-13.38%	-13.96%	+0.58%
Max Drawdown (5Y) Largest decline over 5 years	-28.16%	-17.08%	-11.08%
Max Drawdown (10Y) Largest decline over 10 years	—	-30.09%	—
Current Drawdown Current decline from peak	-10.00%	-6.10%	-3.90%
Average Drawdown Average peak-to-trough decline	-5.97%	-4.57%	-1.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.43%	4.19%	-0.76%

Volatility

FLSW vs. CHDVD.SW - Volatility Comparison

Franklin FTSE Switzerland ETF (FLSW) and iShares Swiss Dividend ETF (CH) (CHDVD.SW) have volatilities of 6.41% and 6.23%, 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.

Volatility by Period

	FLSW	CHDVD.SW	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.41%	6.23%	+0.18%
Volatility (6M) Calculated over the trailing 6-month period	10.64%	10.82%	-0.18%
Volatility (1Y) Calculated over the trailing 1-year period	16.53%	19.17%	-2.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.50%	15.62%	-0.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.84%	15.94%	+0.90%