FLTW vs. EMMF
Compare and contrast key facts about Franklin FTSE Taiwan ETF (FLTW) and WisdomTree Emerging Markets Multifactor Fund (EMMF).
FLTW and EMMF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLTW is a passively managed fund by Franklin Templeton that tracks the performance of the FTSE Taiwan RIC Capped Index. It was launched on Nov 2, 2017. EMMF is an actively managed fund by WisdomTree. It was launched on Aug 10, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLTW or EMMF.
Key characteristics
| FLTW | EMMF | |
|---|---|---|
| YTD Return | 20.24% | 12.30% |
| 1Y Return | 36.72% | 20.99% |
| 3Y Return (Ann) | 6.53% | 6.27% |
| 5Y Return (Ann) | 14.86% | 7.31% |
| Sharpe Ratio | 1.93 | 2.08 |
| Sortino Ratio | 2.53 | 2.82 |
| Omega Ratio | 1.33 | 1.38 |
| Calmar Ratio | 2.08 | 2.39 |
| Martin Ratio | 8.14 | 12.19 |
| Ulcer Index | 4.75% | 1.92% |
| Daily Std Dev | 20.07% | 11.25% |
| Max Drawdown | -38.00% | -32.55% |
| Current Drawdown | -3.49% | -4.90% |
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.
Performance
FLTW vs. EMMF - Performance Comparison
In the year-to-date period, FLTW achieves a 20.24% return, which is significantly higher than EMMF's 12.30% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FLTW vs. EMMF - Expense Ratio Comparison
FLTW has a 0.19% expense ratio, which is lower than EMMF's 0.48% expense ratio.
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.
Dividends
FLTW vs. EMMF - Dividend Comparison
FLTW's dividend yield for the trailing twelve months is around 2.45%, more than EMMF's 1.31% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
FLTW Franklin FTSE Taiwan ETF | 2.45% | 2.85% | 3.16% | 2.31% | 2.14% | 3.00% | 1.06% |
EMMF WisdomTree Emerging Markets Multifactor Fund | 1.31% | 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.
Volatility
FLTW vs. EMMF - Volatility Comparison
Franklin FTSE Taiwan ETF (FLTW) has a higher volatility of 5.02% compared to WisdomTree Emerging Markets Multifactor Fund (EMMF) at 2.02%. 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.