FLXE.DE vs. MFEM
Compare and contrast key facts about Franklin Emerging Markets UCITS ETF (FLXE.DE) and PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (MFEM).
FLXE.DE and MFEM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLXE.DE is a passively managed fund by Franklin Templeton that tracks the performance of the MSCI EM NR USD. It was launched on Oct 17, 2017. MFEM is a passively managed fund by PIMCO that tracks the performance of the RAFI Dynamic Multi-Factor Emerging Market Index. It was launched on Aug 31, 2017. Both FLXE.DE and MFEM 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: FLXE.DE or MFEM.
Key characteristics
| FLXE.DE | MFEM | |
|---|---|---|
| YTD Return | 13.11% | 10.32% |
| 1Y Return | 20.14% | 24.46% |
| 3Y Return (Ann) | 3.14% | 0.89% |
| 5Y Return (Ann) | 3.48% | 6.13% |
| Sharpe Ratio | 1.49 | 1.78 |
| Sortino Ratio | 2.15 | 2.46 |
| Omega Ratio | 1.26 | 1.32 |
| Calmar Ratio | 1.30 | 1.15 |
| Martin Ratio | 9.46 | 9.30 |
| Ulcer Index | 1.91% | 2.75% |
| Daily Std Dev | 12.16% | 14.40% |
| Max Drawdown | -32.87% | -42.28% |
| Current Drawdown | -3.13% | -4.96% |
Correlation
The correlation between FLXE.DE and MFEM is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FLXE.DE vs. MFEM - Performance Comparison
In the year-to-date period, FLXE.DE achieves a 13.11% return, which is significantly higher than MFEM's 10.32% return. 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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FLXE.DE vs. MFEM - Expense Ratio Comparison
FLXE.DE has a 0.45% expense ratio, which is lower than MFEM's 0.49% expense ratio.
Risk-Adjusted Performance
FLXE.DE vs. MFEM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Emerging Markets UCITS ETF (FLXE.DE) and PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (MFEM). 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
FLXE.DE vs. MFEM - Dividend Comparison
FLXE.DE has not paid dividends to shareholders, while MFEM's dividend yield for the trailing twelve months is around 5.44%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
FLXE.DE Franklin Emerging Markets UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF | 5.44% | 4.01% | 7.01% | 29.96% | 1.70% | 2.37% | 2.99% | 0.21% |
Drawdowns
FLXE.DE vs. MFEM - Drawdown Comparison
The maximum FLXE.DE drawdown since its inception was -32.87%, smaller than the maximum MFEM drawdown of -42.28%. Use the drawdown chart below to compare losses from any high point for FLXE.DE and MFEM. For additional features, visit the drawdowns tool.
Volatility
FLXE.DE vs. MFEM - Volatility Comparison
The current volatility for Franklin Emerging Markets UCITS ETF (FLXE.DE) is 3.84%, while PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (MFEM) has a volatility of 5.32%. This indicates that FLXE.DE experiences smaller price fluctuations and is considered to be less risky than MFEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.