FLTW vs. IVV
Compare and contrast key facts about Franklin FTSE Taiwan ETF (FLTW) and iShares Core S&P 500 ETF (IVV).
FLTW and IVV 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. IVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 15, 2000. Both FLTW and IVV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLTW or IVV.
Key characteristics
| FLTW | IVV | |
|---|---|---|
| YTD Return | 20.24% | 21.09% |
| 1Y Return | 36.72% | 33.01% |
| 3Y Return (Ann) | 6.53% | 8.43% |
| 5Y Return (Ann) | 14.86% | 15.03% |
| Sharpe Ratio | 1.93 | 2.84 |
| Sortino Ratio | 2.53 | 3.77 |
| Omega Ratio | 1.33 | 1.53 |
| Calmar Ratio | 2.08 | 4.07 |
| Martin Ratio | 8.14 | 18.43 |
| Ulcer Index | 4.75% | 1.86% |
| Daily Std Dev | 20.07% | 12.04% |
| Max Drawdown | -38.00% | -55.25% |
| Current Drawdown | -3.49% | -2.53% |
Correlation
The correlation between FLTW and IVV 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. IVV - Performance Comparison
The year-to-date returns for both investments are quite close, with FLTW having a 20.24% return and IVV slightly higher at 21.09%. 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. IVV - Expense Ratio Comparison
FLTW has a 0.19% expense ratio, which is higher than IVV's 0.03% 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. IVV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Taiwan ETF (FLTW) and iShares Core S&P 500 ETF (IVV). 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. IVV - Dividend Comparison
FLTW's dividend yield for the trailing twelve months is around 2.45%, more than IVV's 1.30% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
IVV iShares Core S&P 500 ETF | 1.30% | 1.44% | 1.66% | 1.20% | 1.57% | 1.99% | 2.20% | 1.75% | 2.01% | 2.26% | 1.82% | 1.80% |
Drawdowns
FLTW vs. IVV - Drawdown Comparison
The maximum FLTW drawdown since its inception was -38.00%, smaller than the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for FLTW and IVV. For additional features, visit the drawdowns tool.
Volatility
FLTW vs. IVV - Volatility Comparison
Franklin FTSE Taiwan ETF (FLTW) has a higher volatility of 5.02% compared to iShares Core S&P 500 ETF (IVV) at 3.15%. This indicates that FLTW's price experiences larger fluctuations and is considered to be riskier than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.