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

Key characteristics


FLTWFTEC
YTD Return20.24%21.73%
1Y Return36.72%37.81%
3Y Return (Ann)6.53%10.50%
5Y Return (Ann)14.86%22.07%
Sharpe Ratio1.931.89
Sortino Ratio2.532.45
Omega Ratio1.331.33
Calmar Ratio2.082.60
Martin Ratio8.149.37
Ulcer Index4.75%4.23%
Daily Std Dev20.07%20.94%
Max Drawdown-38.00%-34.95%
Current Drawdown-3.49%-4.11%

Correlation

-0.50.00.51.00.6

The correlation between FLTW and FTEC is 0.60, 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

In the year-to-date period, FLTW achieves a 20.24% return, which is significantly lower than FTEC's 21.73% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
13.14%
13.50%
FLTW
FTEC

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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%.


FLTW
Franklin FTSE Taiwan ETF
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%
Expense ratio chart for FTEC: current value at 0.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.08%

Risk-Adjusted Performance

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.


FLTW
Sharpe ratio
The chart of Sharpe ratio for FLTW, currently valued at 1.93, compared to the broader market0.002.004.006.001.93
Sortino ratio
The chart of Sortino ratio for FLTW, currently valued at 2.53, compared to the broader market0.005.0010.002.53
Omega ratio
The chart of Omega ratio for FLTW, currently valued at 1.33, compared to the broader market1.001.502.002.503.001.33
Calmar ratio
The chart of Calmar ratio for FLTW, currently valued at 2.08, compared to the broader market0.005.0010.0015.0020.002.08
Martin ratio
The chart of Martin ratio for FLTW, currently valued at 8.14, compared to the broader market0.0020.0040.0060.0080.00100.00120.008.14
FTEC
Sharpe ratio
The chart of Sharpe ratio for FTEC, currently valued at 1.89, compared to the broader market0.002.004.006.001.89
Sortino ratio
The chart of Sortino ratio for FTEC, currently valued at 2.45, compared to the broader market0.005.0010.002.45
Omega ratio
The chart of Omega ratio for FTEC, currently valued at 1.33, compared to the broader market1.001.502.002.503.001.33
Calmar ratio
The chart of Calmar ratio for FTEC, currently valued at 2.60, compared to the broader market0.005.0010.0015.0020.002.60
Martin ratio
The chart of Martin ratio for FTEC, currently valued at 9.37, compared to the broader market0.0020.0040.0060.0080.00100.00120.009.37

FLTW vs. FTEC - Sharpe Ratio Comparison

The current FLTW Sharpe Ratio is 1.93, which is comparable to the FTEC Sharpe Ratio of 1.89. 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.


Rolling 12-month Sharpe Ratio1.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
1.93
1.89
FLTW
FTEC

Dividends

FLTW vs. FTEC - Dividend Comparison

FLTW's dividend yield for the trailing twelve months is around 2.45%, more than FTEC's 0.65% yield.


TTM20232022202120202019201820172016201520142013
FLTW
Franklin FTSE Taiwan ETF
2.45%2.85%3.16%2.31%2.14%3.00%1.06%0.00%0.00%0.00%0.00%0.00%
FTEC
Fidelity MSCI Information Technology Index ETF
0.65%0.77%0.93%0.63%0.83%1.03%1.20%0.96%1.25%1.27%1.09%0.18%

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.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-3.49%
-4.11%
FLTW
FTEC

Volatility

FLTW vs. FTEC - Volatility Comparison

The current volatility for Franklin FTSE Taiwan ETF (FLTW) is 5.02%, while Fidelity MSCI Information Technology Index ETF (FTEC) has a volatility of 5.43%. This indicates that FLTW experiences smaller price fluctuations and is considered to be less risky than FTEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
5.02%
5.43%
FLTW
FTEC