FLSW vs. HEAE.L
Compare and contrast key facts about Franklin FTSE Switzerland ETF (FLSW) and SPDR MSCI Europe Health Care UCITS ETF (HEAE.L).
FLSW and HEAE.L 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. HEAE.L is a passively managed fund by State Street that tracks the performance of the MSCI World/Health Care NR USD. It was launched on Dec 5, 2014. Both FLSW and HEAE.L 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: FLSW or HEAE.L.
Performance
FLSW vs. HEAE.L - Performance Comparison
Returns By Period
In the year-to-date period, FLSW achieves a 0.84% return, which is significantly lower than HEAE.L's 1.42% return.
FLSW
0.84%
-7.87%
-0.55%
9.50%
6.79%
N/A
HEAE.L
1.42%
-9.07%
-8.51%
4.32%
N/A
N/A
Key characteristics
| FLSW | HEAE.L | |
|---|---|---|
| Sharpe Ratio | 0.79 | 0.35 |
| Sortino Ratio | 1.16 | 0.56 |
| Omega Ratio | 1.13 | 1.07 |
| Calmar Ratio | 0.77 | 0.27 |
| Martin Ratio | 2.90 | 1.00 |
| Ulcer Index | 3.28% | 4.24% |
| Daily Std Dev | 12.11% | 12.10% |
| Max Drawdown | -28.16% | -15.50% |
| Current Drawdown | -10.30% | -15.03% |
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FLSW vs. HEAE.L - Expense Ratio Comparison
FLSW has a 0.09% expense ratio, which is lower than HEAE.L's 0.18% 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%.
Correlation
The correlation between FLSW and HEAE.L is 0.67, 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.
Risk-Adjusted Performance
FLSW vs. HEAE.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Switzerland ETF (FLSW) and SPDR MSCI Europe Health Care UCITS ETF (HEAE.L). 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
FLSW vs. HEAE.L - Dividend Comparison
FLSW's dividend yield for the trailing twelve months is around 2.09%, while HEAE.L has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
FLSW Franklin FTSE Switzerland ETF | 2.09% | 2.36% | 2.02% | 1.86% | 2.28% | 1.15% | 2.85% |
HEAE.L SPDR MSCI Europe Health Care UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FLSW vs. HEAE.L - Drawdown Comparison
The maximum FLSW drawdown since its inception was -28.16%, which is greater than HEAE.L's maximum drawdown of -15.50%. Use the drawdown chart below to compare losses from any high point for FLSW and HEAE.L. For additional features, visit the drawdowns tool.
Volatility
FLSW vs. HEAE.L - Volatility Comparison
The current volatility for Franklin FTSE Switzerland ETF (FLSW) is 3.69%, while SPDR MSCI Europe Health Care UCITS ETF (HEAE.L) has a volatility of 4.74%. This indicates that FLSW experiences smaller price fluctuations and is considered to be less risky than HEAE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.