FLSW vs. EUSC

Last updated Jun 24, 2026

FLSW (Franklin FTSE Switzerland ETF) and EUSC (WisdomTree Europe Hedged SmallCap Equity Fund) are both Europe Equities funds - FLSW tracks the FTSE Switzerland RIC Capped Index while EUSC tracks the WisdomTree Europe Hedged SmallCap Equity Index. Both are passively managed. At a correlation of -0.02, they often move in opposite directions. FLSW charges 0.09%/yr vs 0.58%/yr for EUSC.

Performance

FLSW vs. EUSC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin FTSE Switzerland ETF (FLSW) and WisdomTree Europe Hedged SmallCap Equity Fund (EUSC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FLSW

• 1D: 0.48%
• 1M: -0.04%
• YTD: 4.52%
• 6M: 3.79%
• 1Y: 17.63%
• 3Y*: 12.98%
• 5Y*: 7.06%
• 10Y*: —

EUSC

• 1D: 0.00%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FLSW vs. EUSC - Yearly Performance Comparison

	2026 (YTD)
FLSW Franklin FTSE Switzerland ETF	-0.73%
EUSC WisdomTree Europe Hedged SmallCap Equity Fund	0.18%

Correlation

The correlation between FLSW and EUSC is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	-0.02

FLSW vs. EUSC - Sectors Allocation Comparison

Sectors	FLSW	EUSC
Healthcare	37.3%	2.9%
Financial Services	17.6%	28.4%
Industrials	14.1%	20.1%
Consumer Defensive	13.7%	4.1%
Basic Materials	7.8%	6.5%
Consumer Cyclical	5.7%	9.1%
Technology	1.3%	4.4%
Real Estate	1.2%	9.3%
Communication Services	1.2%	5.0%
Utilities	0.2%	6.5%
Energy	-	3.7%

Return for Risk

FLSW vs. EUSC — Risk / Return Rank

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

FLSW

FLSW Risk / Return Rank: 31
FLSW Sharpe Ratio Rank: 33
FLSW Sortino Ratio Rank: 34
FLSW Omega Ratio Rank: 31
FLSW Calmar Ratio Rank: 28
FLSW Martin Ratio Rank: 31

EUSC

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. EUSC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Switzerland ETF (FLSW) and WisdomTree Europe Hedged SmallCap Equity Fund (EUSC). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FLSW	EUSC	Difference
Sharpe ratio: Return per unit of total volatility	1.14	—	—
Sortino ratio: Return per unit of downside risk	1.71	—	—
Omega ratio: Gain probability vs. loss probability	1.20	—	—
Calmar ratio: Return relative to maximum drawdown	1.32	—	—
Martin ratio: Return relative to average drawdown	4.20	—	—

Drawdowns

FLSW vs. EUSC - Drawdown Comparison

The maximum FLSW drawdown since its inception was -28.16%, which is greater than EUSC's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for FLSW and EUSC.

Drawdown Indicators

	FLSW	EUSC	Difference
Max Drawdown Largest peak-to-trough decline	-28.16%	0.00%	-28.16%
Max Drawdown (1Y) Largest decline over 1 year	-13.38%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-13.38%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-28.16%	—	—
Current Drawdown Current decline from peak	-3.81%	0.00%	-3.81%
Average Drawdown Average peak-to-trough decline	-5.95%	0.00%	-5.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.21%	—	—

Volatility

Volatility by Period

	FLSW	EUSC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.57%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.43%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.65%	1.10%	+14.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.76%	1.10%	+14.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.88%	1.10%	+15.78%

FLSW vs. EUSC - Expense Ratio Comparison

FLSW has a 0.09% expense ratio, which is lower than EUSC's 0.58% expense ratio.

Dividends

FLSW vs. EUSC - Dividend Comparison

FLSW's dividend yield for the trailing twelve months is around 0.12%, while EUSC has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
EUSC WisdomTree Europe Hedged SmallCap Equity Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FLSW Franklin FTSE Switzerland ETF	0.12%	2.12%	2.04%	2.36%	2.02%	1.86%	2.28%	1.15%	2.86%

Frequently Asked Questions

Can I hold both FLSW and EUSC in my portfolio?

FLSW and EUSC have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FLSW or EUSC?

On fees, FLSW is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FLSW or EUSC?

FLSW is cheaper with a 0.09% expense ratio, compared with 0.58% for EUSC.

Which ETF pays a higher dividend yield, FLSW or EUSC?

FLSW has the higher dividend yield at 0.12%, compared with 0.00% for EUSC.

What is the main difference between FLSW and EUSC?

FLSW tracks FTSE Switzerland RIC Capped Index, while EUSC tracks WisdomTree Europe Hedged SmallCap Equity Index. They also come from different issuers: Franklin Templeton and WisdomTree. Their fees differ too: 0.09% for FLSW and 0.58% for EUSC.