PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
FLTW vs. EMMF
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FLTW and EMMF is 0.73, 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.


-0.50.00.51.00.7

Performance

FLTW vs. EMMF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin FTSE Taiwan ETF (FLTW) and WisdomTree Emerging Markets Multifactor Fund (EMMF). The values are adjusted to include any dividend payments, if applicable.

20.00%40.00%60.00%80.00%100.00%120.00%JulyAugustSeptemberOctoberNovemberDecember
111.75%
26.84%
FLTW
EMMF

Key characteristics

Sharpe Ratio

FLTW:

1.10

EMMF:

1.18

Sortino Ratio

FLTW:

1.57

EMMF:

1.65

Omega Ratio

FLTW:

1.20

EMMF:

1.21

Calmar Ratio

FLTW:

1.39

EMMF:

1.75

Martin Ratio

FLTW:

4.40

EMMF:

4.78

Ulcer Index

FLTW:

5.15%

EMMF:

2.83%

Daily Std Dev

FLTW:

20.60%

EMMF:

11.46%

Max Drawdown

FLTW:

-38.00%

EMMF:

-32.55%

Current Drawdown

FLTW:

-7.26%

EMMF:

-6.90%

Returns By Period

In the year-to-date period, FLTW achieves a 15.55% return, which is significantly higher than EMMF's 9.93% return.


FLTW

YTD

15.55%

1M

-0.76%

6M

-3.00%

1Y

20.11%

5Y*

12.93%

10Y*

N/A

EMMF

YTD

9.93%

1M

-0.44%

6M

-2.06%

1Y

11.65%

5Y*

6.63%

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FLTW vs. EMMF - Expense Ratio Comparison

FLTW has a 0.19% expense ratio, which is lower than EMMF's 0.48% expense ratio.


EMMF
WisdomTree Emerging Markets Multifactor Fund
Expense ratio chart for EMMF: current value at 0.48% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.48%
Expense ratio chart for FLTW: current value at 0.19% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.19%

Risk-Adjusted Performance

FLTW vs. EMMF - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Taiwan ETF (FLTW) and WisdomTree Emerging Markets Multifactor Fund (EMMF). 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.


Sharpe ratio
The chart of Sharpe ratio for FLTW, currently valued at 1.10, compared to the broader market0.002.004.001.101.18
The chart of Sortino ratio for FLTW, currently valued at 1.57, compared to the broader market-2.000.002.004.006.008.0010.001.571.65
The chart of Omega ratio for FLTW, currently valued at 1.20, compared to the broader market0.501.001.502.002.503.001.201.21
The chart of Calmar ratio for FLTW, currently valued at 1.39, compared to the broader market0.005.0010.0015.001.391.75
The chart of Martin ratio for FLTW, currently valued at 4.40, compared to the broader market0.0020.0040.0060.0080.00100.004.404.78
FLTW
EMMF

The current FLTW Sharpe Ratio is 1.10, which is comparable to the EMMF Sharpe Ratio of 1.18. The chart below compares the historical Sharpe Ratios of FLTW and EMMF, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
1.10
1.18
FLTW
EMMF

Dividends

FLTW vs. EMMF - Dividend Comparison

FLTW's dividend yield for the trailing twelve months is around 0.42%, less than EMMF's 1.34% yield.


TTM202320222021202020192018
FLTW
Franklin FTSE Taiwan ETF
0.42%2.84%3.16%2.31%2.14%3.00%1.06%
EMMF
WisdomTree Emerging Markets Multifactor Fund
0.93%1.62%3.48%2.64%1.93%2.93%0.66%

Drawdowns

FLTW vs. EMMF - Drawdown Comparison

The maximum FLTW drawdown since its inception was -38.00%, which is greater than EMMF's maximum drawdown of -32.55%. Use the drawdown chart below to compare losses from any high point for FLTW and EMMF. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-7.26%
-6.90%
FLTW
EMMF

Volatility

FLTW vs. EMMF - Volatility Comparison

Franklin FTSE Taiwan ETF (FLTW) has a higher volatility of 4.75% compared to WisdomTree Emerging Markets Multifactor Fund (EMMF) at 2.60%. This indicates that FLTW's price experiences larger fluctuations and is considered to be riskier than EMMF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
4.75%
2.60%
FLTW
EMMF
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab