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FLTW vs. FTEC
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FLTW and FTEC is 0.61, 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

FLTW vs. FTEC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin FTSE Taiwan ETF (FLTW) and Fidelity MSCI Information Technology Index ETF (FTEC). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FLTW:

0.36

FTEC:

0.51

Sortino Ratio

FLTW:

0.88

FTEC:

1.06

Omega Ratio

FLTW:

1.11

FTEC:

1.15

Calmar Ratio

FLTW:

0.51

FTEC:

0.71

Martin Ratio

FLTW:

1.65

FTEC:

2.31

Ulcer Index

FLTW:

8.22%

FTEC:

8.37%

Daily Std Dev

FLTW:

27.72%

FTEC:

30.48%

Max Drawdown

FLTW:

-38.00%

FTEC:

-34.95%

Current Drawdown

FLTW:

-2.21%

FTEC:

-4.78%

Returns By Period

In the year-to-date period, FLTW achieves a 4.42% return, which is significantly higher than FTEC's -0.82% return.


FLTW

YTD

4.42%

1M

17.45%

6M

4.20%

1Y

9.82%

5Y*

16.99%

10Y*

N/A

FTEC

YTD

-0.82%

1M

17.06%

6M

-0.08%

1Y

15.45%

5Y*

21.13%

10Y*

19.75%

*Annualized

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FLTW vs. FTEC - Expense Ratio Comparison

FLTW has a 0.19% expense ratio, which is higher than FTEC's 0.08% expense ratio. However, 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

FLTW vs. FTEC — Risk-Adjusted Performance Rank

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

FLTW
The Risk-Adjusted Performance Rank of FLTW is 5050
Overall Rank
The Sharpe Ratio Rank of FLTW is 3737
Sharpe Ratio Rank
The Sortino Ratio Rank of FLTW is 5454
Sortino Ratio Rank
The Omega Ratio Rank of FLTW is 4949
Omega Ratio Rank
The Calmar Ratio Rank of FLTW is 5757
Calmar Ratio Rank
The Martin Ratio Rank of FLTW is 5050
Martin Ratio Rank

FTEC
The Risk-Adjusted Performance Rank of FTEC is 6262
Overall Rank
The Sharpe Ratio Rank of FTEC is 5151
Sharpe Ratio Rank
The Sortino Ratio Rank of FTEC is 6565
Sortino Ratio Rank
The Omega Ratio Rank of FTEC is 6464
Omega Ratio Rank
The Calmar Ratio Rank of FTEC is 6969
Calmar Ratio Rank
The Martin Ratio Rank of FTEC is 6262
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.

FLTW vs. FTEC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Taiwan ETF (FLTW) and Fidelity MSCI Information Technology Index ETF (FTEC). 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 FLTW Sharpe Ratio is 0.36, which is lower than the FTEC Sharpe Ratio of 0.51. The chart below compares the historical Sharpe Ratios of FLTW and FTEC, 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

FLTW vs. FTEC - Dividend Comparison

FLTW's dividend yield for the trailing twelve months is around 1.81%, more than FTEC's 0.49% yield.


TTM20242023202220212020201920182017201620152014
FLTW
Franklin FTSE Taiwan ETF
1.81%1.89%2.85%3.16%2.31%2.14%3.00%1.06%0.00%0.00%0.00%0.00%
FTEC
Fidelity MSCI Information Technology Index ETF
0.49%0.49%0.77%0.93%0.63%0.83%1.03%1.20%0.96%1.25%1.27%1.09%

Drawdowns

FLTW vs. FTEC - Drawdown Comparison

The maximum FLTW drawdown since its inception was -38.00%, which is greater than FTEC's maximum drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for FLTW and FTEC. For additional features, visit the drawdowns tool.


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Volatility

FLTW vs. FTEC - Volatility Comparison

Franklin FTSE Taiwan ETF (FLTW) and Fidelity MSCI Information Technology Index ETF (FTEC) have volatilities of 8.94% and 8.82%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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