FLTW vs. SVIX

Last updated Apr 1, 2026

Compare and contrast key facts about Franklin FTSE Taiwan ETF (FLTW) and Volatility Shares -1x Short VIX Futures ETF (SVIX).

FLTW and SVIX 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. SVIX is managed by Volatility Shares. It was launched on Mar 28, 2022.

Performance

FLTW vs. SVIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin FTSE Taiwan ETF (FLTW) and Volatility Shares -1x Short VIX Futures ETF (SVIX). The values are adjusted to include any dividend payments, if applicable.

FLTW vs. SVIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
FLTW Franklin FTSE Taiwan ETF	11.95%	32.00%	16.68%	30.05%	-22.56%
SVIX Volatility Shares -1x Short VIX Futures ETF	-35.16%	-4.49%	-32.76%	157.37%	-0.88%

Returns By Period

In the year-to-date period, FLTW achieves a 11.95% return, which is significantly higher than SVIX's -35.16% return.

FLTW

• 1D: 2.71%
• 1M: -7.08%
• YTD: 11.95%
• 6M: 18.87%
• 1Y: 61.71%
• 3Y*: 25.50%
• 5Y*: 13.10%
• 10Y*: —

SVIX

• 1D: 9.17%
• 1M: -25.51%
• YTD: -35.16%
• 6M: -26.52%
• 1Y: -22.76%
• 3Y*: -1.64%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FLTW vs. SVIX - Expense Ratio Comparison

FLTW has a 0.19% expense ratio, which is lower than SVIX's 1.47% expense ratio.

SVIX

Volatility Shares -1x Short VIX Futures ETF

FLTW

Franklin FTSE Taiwan ETF

Return for Risk

FLTW vs. SVIX — Risk / Return Rank

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

FLTW

FLTW Risk / Return Rank: 94
FLTW Sharpe Ratio Rank: 94
FLTW Sortino Ratio Rank: 94
FLTW Omega Ratio Rank: 92
FLTW Calmar Ratio Rank: 94
FLTW Martin Ratio Rank: 95

SVIX

SVIX Risk / Return Rank: 8
SVIX Sharpe Ratio Rank: 7
SVIX Sortino Ratio Rank: 11
SVIX Omega Ratio Rank: 11
SVIX Calmar Ratio Rank: 5
SVIX Martin Ratio Rank: 4

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FLTW vs. SVIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Taiwan ETF (FLTW) and Volatility Shares -1x Short VIX Futures ETF (SVIX). 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	SVIX	Difference
Sharpe ratio Return per unit of total volatility	2.25	-0.31	+2.56
Sortino ratio Return per unit of downside risk	2.94	0.05	+2.88
Omega ratio Gain probability vs. loss probability	1.40	1.01	+0.39
Calmar ratio Return relative to maximum drawdown	3.80	-0.45	+4.24
Martin ratio Return relative to average drawdown	15.55	-1.03	+16.58
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FLTW vs. SVIX - Sharpe Ratio Comparison

The current FLTW Sharpe Ratio is 2.25, which is higher than the SVIX Sharpe Ratio of -0.31. The chart below compares the historical Sharpe Ratios of FLTW and SVIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FLTW	SVIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.25	-0.31	+2.56
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.60	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.71	0.02	+0.68

Correlation

The correlation between FLTW and SVIX is 0.53, 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.

Dividends

FLTW vs. SVIX - Dividend Comparison

FLTW's dividend yield for the trailing twelve months is around 2.24%, while SVIX has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
FLTW Franklin FTSE Taiwan ETF	2.24%	2.51%	1.89%	2.85%	3.16%	2.31%	2.14%	3.00%	1.06%
SVIX Volatility Shares -1x Short VIX Futures ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

FLTW vs. SVIX - Drawdown Comparison

The maximum FLTW drawdown since its inception was -38.00%, smaller than the maximum SVIX drawdown of -79.30%. Use the drawdown chart below to compare losses from any high point for FLTW and SVIX.

Drawdown Indicators

	FLTW	SVIX	Difference
Max Drawdown Largest peak-to-trough decline	-38.00%	-79.30%	+41.30%
Max Drawdown (1Y) Largest decline over 1 year	-15.81%	-49.47%	+33.66%
Max Drawdown (5Y) Largest decline over 5 years	-38.00%	—	—
Current Drawdown Current decline from peak	-8.45%	-69.03%	+60.58%
Average Drawdown Average peak-to-trough decline	-8.57%	-30.26%	+21.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.86%	21.52%	-17.66%

Volatility

FLTW vs. SVIX - Volatility Comparison

The current volatility for Franklin FTSE Taiwan ETF (FLTW) is 11.27%, while Volatility Shares -1x Short VIX Futures ETF (SVIX) has a volatility of 29.79%. This indicates that FLTW experiences smaller price fluctuations and is considered to be less risky than SVIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLTW	SVIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.27%	29.79%	-18.52%
Volatility (6M) Calculated over the trailing 6-month period	18.44%	47.49%	-29.05%
Volatility (1Y) Calculated over the trailing 1-year period	27.55%	74.62%	-47.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.06%	67.26%	-45.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.31%	67.26%	-45.95%