FTC.L vs. FLBR

Last updated Jun 5, 2026

FTC.L (Filtronic) is a stock, while FLBR (Franklin FTSE Brazil ETF) is Latin America Equities fund tracking the FTSE Brazil RIC Capped Index. Over the past 5 years, FTC.L returned 99.76%/yr vs 6.34%/yr for FLBR. At a 0.01 correlation, their price movements are largely independent.

Performance

FTC.L vs. FLBR - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Filtronic (FTC.L) and Franklin FTSE Brazil ETF (FLBR). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

FTC.L is traded in GBp, while FLBR is traded in USD. To make them comparable, the FLBR values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, FTC.L achieves a 85.23% return, which is significantly higher than FLBR's 13.73% return.

FTC.L

• 1D: 13.59%
• 1M: -4.12%
• YTD: 85.23%
• 6M: 136.23%
• 1Y: 123.29%
• 3Y*: 192.70%
• 5Y*: 99.76%
• 10Y*: 40.18%

FLBR

• 1D: -2.09%
• 1M: -12.61%
• YTD: 13.73%
• 6M: 13.78%
• 1Y: 35.04%
• 3Y*: 9.52%
• 5Y*: 6.34%
• 10Y*: —

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

FTC.L vs. FLBR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FTC.L Filtronic	85.23%	131.58%	256.81%	53.51%	20.65%	32.95%	-3.89%	52.54%	-39.49%	-34.45%
FLBR Franklin FTSE Brazil ETF	13.73%	35.19%	-26.32%	26.54%	23.58%	-15.99%	-22.48%	23.58%	3.67%	-0.30%

Correlation

The correlation between FTC.L and FLBR is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.04
Correlation (3Y) Calculated over the trailing 3-year period	0.05
Correlation (5Y) Calculated over the trailing 5-year period	0.03
Correlation (All Time) Calculated using the full available price history since Nov 7, 2017	0.01

Return for Risk

FTC.L vs. FLBR — Risk / Return Rank

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

FTC.L

FTC.L Risk / Return Rank: 84
FTC.L Sharpe Ratio Rank: 87
FTC.L Sortino Ratio Rank: 83
FTC.L Omega Ratio Rank: 82
FTC.L Calmar Ratio Rank: 85
FTC.L Martin Ratio Rank: 86

FLBR

FLBR Risk / Return Rank: 38
FLBR Sharpe Ratio Rank: 38
FLBR Sortino Ratio Rank: 36
FLBR Omega Ratio Rank: 37
FLBR Calmar Ratio Rank: 39
FLBR Martin Ratio Rank: 41

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.

FTC.L vs. FLBR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Filtronic (FTC.L) and Franklin FTSE Brazil ETF (FLBR). 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.

	FTC.L	FLBR	Difference
Sharpe ratio: Return per unit of total volatility	1.94	1.52	+0.42
Sortino ratio: Return per unit of downside risk	2.51	2.02	+0.49
Omega ratio: Gain probability vs. loss probability	1.32	1.27	+0.05
Calmar ratio: Return relative to maximum drawdown	3.45	2.16	+1.29
Martin ratio: Return relative to average drawdown	9.12	7.28	+1.84
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FTC.L vs. FLBR - Sharpe Ratio Comparison

The current FTC.L Sharpe Ratio is 1.94, which is comparable to the FLBR Sharpe Ratio of 1.52. The chart below compares the historical Sharpe Ratios of FTC.L and FLBR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FTC.L	FLBR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.94	1.52	+0.42
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.65	0.24	+1.40
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.61	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.13	0.14	-0.27

Drawdowns

FTC.L vs. FLBR - Drawdown Comparison

The maximum FTC.L drawdown since its inception was -100.00%, which is greater than FLBR's maximum drawdown of -52.04%. Use the drawdown chart below to compare losses from any high point for FTC.L and FLBR.

Drawdown Indicators

	FTC.L	FLBR	Difference
Max Drawdown Largest peak-to-trough decline	-100.00%	-52.04%	-47.96%
Max Drawdown (1Y) Largest decline over 1 year	-38.81%	-16.30%	-22.51%
Max Drawdown (3Y) Largest decline over 3 years	-38.81%	-27.83%	-10.98%
Max Drawdown (5Y) Largest decline over 5 years	-38.81%	-30.96%	-7.85%
Max Drawdown (10Y) Largest decline over 10 years	-81.72%	—	—
Current Drawdown Current decline from peak	-99.73%	-16.30%	-83.43%
Average Drawdown Average peak-to-trough decline	-82.30%	-17.25%	-65.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.66%	4.83%	+9.83%

Volatility

FTC.L vs. FLBR - Volatility Comparison

Filtronic (FTC.L) has a higher volatility of 43.65% compared to Franklin FTSE Brazil ETF (FLBR) at 7.31%. This indicates that FTC.L's price experiences larger fluctuations and is considered to be riskier than FLBR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTC.L	FLBR	Difference
Volatility (1M) Calculated over the trailing 1-month period	43.65%	7.31%	+36.34%
Volatility (6M) Calculated over the trailing 6-month period	58.72%	19.57%	+39.15%
Volatility (1Y) Calculated over the trailing 1-year period	69.06%	23.23%	+45.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	60.59%	26.27%	+34.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	65.70%	32.02%	+33.68%

Dividends

FTC.L vs. FLBR - Dividend Comparison

FTC.L has not paid dividends to shareholders, while FLBR's dividend yield for the trailing twelve months is around 6.84%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FLBR Franklin FTSE Brazil ETF	6.84%	7.71%	7.68%	8.84%	11.99%	8.71%	2.32%	3.42%	3.72%	0.42%
FTC.L Filtronic	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FTC.L and FLBR in my portfolio?

FTC.L and FLBR have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.