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

Performance

FLTW vs. XLK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin FTSE Taiwan ETF (FLTW) and Technology Select Sector SPDR Fund (XLK). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
5.39%
7.81%
FLTW
XLK

Returns By Period

In the year-to-date period, FLTW achieves a 16.44% return, which is significantly lower than XLK's 20.71% return.


FLTW

YTD

16.44%

1M

-4.42%

6M

5.39%

1Y

24.24%

5Y (annualized)

14.41%

10Y (annualized)

N/A

XLK

YTD

20.71%

1M

-0.37%

6M

7.81%

1Y

26.58%

5Y (annualized)

22.92%

10Y (annualized)

20.26%

Key characteristics


FLTWXLK
Sharpe Ratio1.231.18
Sortino Ratio1.731.64
Omega Ratio1.221.22
Calmar Ratio1.541.51
Martin Ratio5.165.19
Ulcer Index4.87%4.92%
Daily Std Dev20.43%21.69%
Max Drawdown-38.00%-82.05%
Current Drawdown-6.55%-2.65%

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FLTW vs. XLK - Expense Ratio Comparison

FLTW has a 0.19% expense ratio, which is higher than XLK's 0.13% 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 XLK: current value at 0.13% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.13%

Correlation

-0.50.00.51.00.6

The correlation between FLTW and XLK is 0.59, 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.

Risk-Adjusted Performance

FLTW vs. XLK - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Taiwan ETF (FLTW) and Technology Select Sector SPDR Fund (XLK). 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.


Sharpe ratio
The chart of Sharpe ratio for FLTW, currently valued at 1.23, compared to the broader market0.002.004.001.231.18
The chart of Sortino ratio for FLTW, currently valued at 1.73, compared to the broader market-2.000.002.004.006.008.0010.0012.001.731.64
The chart of Omega ratio for FLTW, currently valued at 1.22, compared to the broader market0.501.001.502.002.503.001.221.22
The chart of Calmar ratio for FLTW, currently valued at 1.54, compared to the broader market0.005.0010.0015.001.541.51
The chart of Martin ratio for FLTW, currently valued at 5.16, compared to the broader market0.0020.0040.0060.0080.00100.005.165.19
FLTW
XLK

The current FLTW Sharpe Ratio is 1.23, which is comparable to the XLK Sharpe Ratio of 1.18. The chart below compares the historical Sharpe Ratios of FLTW and XLK, 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 Ratio1.001.502.00JuneJulyAugustSeptemberOctoberNovember
1.23
1.18
FLTW
XLK

Dividends

FLTW vs. XLK - Dividend Comparison

FLTW's dividend yield for the trailing twelve months is around 2.53%, more than XLK's 0.67% yield.


TTM20232022202120202019201820172016201520142013
FLTW
Franklin FTSE Taiwan ETF
2.53%2.84%3.16%2.31%2.14%3.00%1.06%0.00%0.00%0.00%0.00%0.00%
XLK
Technology Select Sector SPDR Fund
0.67%0.76%1.04%0.65%0.92%1.16%1.60%1.37%1.74%1.79%1.75%1.70%

Drawdowns

FLTW vs. XLK - Drawdown Comparison

The maximum FLTW drawdown since its inception was -38.00%, smaller than the maximum XLK drawdown of -82.05%. Use the drawdown chart below to compare losses from any high point for FLTW and XLK. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-6.55%
-2.65%
FLTW
XLK

Volatility

FLTW vs. XLK - Volatility Comparison

The current volatility for Franklin FTSE Taiwan ETF (FLTW) is 5.94%, while Technology Select Sector SPDR Fund (XLK) has a volatility of 6.36%. This indicates that FLTW experiences smaller price fluctuations and is considered to be less risky than XLK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%JuneJulyAugustSeptemberOctoberNovember
5.94%
6.36%
FLTW
XLK