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FLSW vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FLSW and QQQ is 0.59, 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.


Performance

FLSW vs. QQQ - Performance Comparison

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

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Key characteristics

Sharpe Ratio

FLSW:

0.93

QQQ:

0.64

Sortino Ratio

FLSW:

1.49

QQQ:

1.12

Omega Ratio

FLSW:

1.20

QQQ:

1.16

Calmar Ratio

FLSW:

1.22

QQQ:

0.78

Martin Ratio

FLSW:

2.87

QQQ:

2.53

Ulcer Index

FLSW:

5.46%

QQQ:

6.98%

Daily Std Dev

FLSW:

15.36%

QQQ:

25.46%

Max Drawdown

FLSW:

-28.16%

QQQ:

-82.98%

Current Drawdown

FLSW:

-0.15%

QQQ:

-3.19%

Returns By Period

In the year-to-date period, FLSW achieves a 18.11% return, which is significantly higher than QQQ's 2.16% return.


FLSW

YTD

18.11%

1M

5.14%

6M

15.16%

1Y

13.83%

5Y*

10.20%

10Y*

N/A

QQQ

YTD

2.16%

1M

17.43%

6M

5.35%

1Y

16.14%

5Y*

18.86%

10Y*

17.81%

*Annualized

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FLSW vs. QQQ - Expense Ratio Comparison

FLSW has a 0.09% expense ratio, which is lower than QQQ's 0.20% 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%.


Risk-Adjusted Performance

FLSW vs. QQQ — Risk-Adjusted Performance Rank

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

FLSW
The Risk-Adjusted Performance Rank of FLSW is 7878
Overall Rank
The Sharpe Ratio Rank of FLSW is 8080
Sharpe Ratio Rank
The Sortino Ratio Rank of FLSW is 8181
Sortino Ratio Rank
The Omega Ratio Rank of FLSW is 7878
Omega Ratio Rank
The Calmar Ratio Rank of FLSW is 8585
Calmar Ratio Rank
The Martin Ratio Rank of FLSW is 6969
Martin Ratio Rank

QQQ
The Risk-Adjusted Performance Rank of QQQ is 6666
Overall Rank
The Sharpe Ratio Rank of QQQ is 6262
Sharpe Ratio Rank
The Sortino Ratio Rank of QQQ is 6666
Sortino Ratio Rank
The Omega Ratio Rank of QQQ is 6666
Omega Ratio Rank
The Calmar Ratio Rank of QQQ is 7171
Calmar Ratio Rank
The Martin Ratio Rank of QQQ is 6363
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FLSW vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Switzerland ETF (FLSW) and Invesco QQQ (QQQ). 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.


The current FLSW Sharpe Ratio is 0.93, which is higher than the QQQ Sharpe Ratio of 0.64. The chart below compares the historical Sharpe Ratios of FLSW and QQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

FLSW vs. QQQ - Dividend Comparison

FLSW's dividend yield for the trailing twelve months is around 1.72%, more than QQQ's 0.57% yield.


TTM20242023202220212020201920182017201620152014
FLSW
Franklin FTSE Switzerland ETF
1.72%2.04%2.36%2.02%1.86%2.28%1.15%2.86%0.00%0.00%0.00%0.00%
QQQ
Invesco QQQ
0.57%0.56%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%

Drawdowns

FLSW vs. QQQ - Drawdown Comparison

The maximum FLSW drawdown since its inception was -28.16%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for FLSW and QQQ. For additional features, visit the drawdowns tool.


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Volatility

FLSW vs. QQQ - Volatility Comparison

The current volatility for Franklin FTSE Switzerland ETF (FLSW) is 3.97%, while Invesco QQQ (QQQ) has a volatility of 6.50%. This indicates that FLSW experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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