HEAE.L vs. FLSW
Compare and contrast key facts about SPDR MSCI Europe Health Care UCITS ETF (HEAE.L) and Franklin FTSE Switzerland ETF (FLSW).
HEAE.L and FLSW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HEAE.L is a passively managed fund by State Street that tracks the performance of the MSCI World/Health Care NR USD. It was launched on Dec 5, 2014. FLSW is a passively managed fund by Franklin Templeton that tracks the performance of the FTSE Switzerland RIC Capped Index. It was launched on Feb 6, 2018. Both HEAE.L and FLSW 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: HEAE.L or FLSW.
Key characteristics
| HEAE.L | FLSW | |
|---|---|---|
| YTD Return | 3.94% | 2.20% |
| 1Y Return | 7.36% | 14.77% |
| Sharpe Ratio | 0.34 | 1.20 |
| Sortino Ratio | 0.69 | 1.73 |
| Omega Ratio | 1.12 | 1.20 |
| Calmar Ratio | 0.56 | 0.97 |
| Martin Ratio | 1.17 | 5.00 |
| Ulcer Index | 6.42% | 2.96% |
| Daily Std Dev | 21.83% | 12.38% |
| Max Drawdown | -14.00% | -28.16% |
| Current Drawdown | -12.92% | -9.09% |
Correlation
The correlation between HEAE.L and FLSW is 0.67, 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
HEAE.L vs. FLSW - Performance Comparison
In the year-to-date period, HEAE.L achieves a 3.94% return, which is significantly higher than FLSW's 2.20% 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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HEAE.L vs. FLSW - Expense Ratio Comparison
HEAE.L has a 0.18% expense ratio, which is higher than FLSW's 0.09% 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
HEAE.L vs. FLSW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI Europe Health Care UCITS ETF (HEAE.L) and Franklin FTSE Switzerland ETF (FLSW). 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
HEAE.L vs. FLSW - Dividend Comparison
HEAE.L has not paid dividends to shareholders, while FLSW's dividend yield for the trailing twelve months is around 2.06%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
HEAE.L SPDR MSCI Europe Health Care UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FLSW Franklin FTSE Switzerland ETF | 2.06% | 2.36% | 2.02% | 1.86% | 2.28% | 1.15% | 2.85% |
Drawdowns
HEAE.L vs. FLSW - Drawdown Comparison
The maximum HEAE.L drawdown since its inception was -14.00%, smaller than the maximum FLSW drawdown of -28.16%. Use the drawdown chart below to compare losses from any high point for HEAE.L and FLSW. For additional features, visit the drawdowns tool.
Volatility
HEAE.L vs. FLSW - Volatility Comparison
SPDR MSCI Europe Health Care UCITS ETF (HEAE.L) and Franklin FTSE Switzerland ETF (FLSW) have volatilities of 3.99% and 3.88%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.