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HFND vs. FLSP
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between HFND and FLSP is 0.04, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.0

Performance

HFND vs. FLSP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Unlimited HFND Multi-Strategy Return Tracker ETF (HFND) and Franklin Liberty Systematic Style Premia ETF (FLSP). The values are adjusted to include any dividend payments, if applicable.

8.00%10.00%12.00%14.00%16.00%18.00%JulyAugustSeptemberOctoberNovemberDecember
14.85%
12.61%
HFND
FLSP

Key characteristics

Sharpe Ratio

HFND:

1.10

FLSP:

0.70

Sortino Ratio

HFND:

1.52

FLSP:

1.12

Omega Ratio

HFND:

1.19

FLSP:

1.15

Calmar Ratio

HFND:

1.74

FLSP:

1.63

Martin Ratio

HFND:

6.01

FLSP:

4.10

Ulcer Index

HFND:

1.57%

FLSP:

2.32%

Daily Std Dev

HFND:

8.60%

FLSP:

13.56%

Max Drawdown

HFND:

-6.96%

FLSP:

-22.75%

Current Drawdown

HFND:

-2.56%

FLSP:

-2.77%

Returns By Period

In the year-to-date period, HFND achieves a 8.30% return, which is significantly lower than FLSP's 10.12% return.


HFND

YTD

8.30%

1M

-0.76%

6M

3.88%

1Y

8.73%

5Y*

N/A

10Y*

N/A

FLSP

YTD

10.12%

1M

-0.50%

6M

-0.56%

1Y

10.06%

5Y*

N/A

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


HFND vs. FLSP - Expense Ratio Comparison

HFND has a 1.22% expense ratio, which is higher than FLSP's 0.65% expense ratio.


HFND
Unlimited HFND Multi-Strategy Return Tracker ETF
Expense ratio chart for HFND: current value at 1.22% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.22%
Expense ratio chart for FLSP: current value at 0.65% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.65%

Risk-Adjusted Performance

HFND vs. FLSP - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Unlimited HFND Multi-Strategy Return Tracker ETF (HFND) and Franklin Liberty Systematic Style Premia ETF (FLSP). 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 HFND, currently valued at 1.10, compared to the broader market0.002.004.001.100.70
The chart of Sortino ratio for HFND, currently valued at 1.52, compared to the broader market-2.000.002.004.006.008.0010.001.521.12
The chart of Omega ratio for HFND, currently valued at 1.19, compared to the broader market0.501.001.502.002.503.001.191.15
The chart of Calmar ratio for HFND, currently valued at 1.74, compared to the broader market0.005.0010.0015.001.741.63
The chart of Martin ratio for HFND, currently valued at 6.01, compared to the broader market0.0020.0040.0060.0080.00100.006.014.10
HFND
FLSP

The current HFND Sharpe Ratio is 1.10, which is higher than the FLSP Sharpe Ratio of 0.70. The chart below compares the historical Sharpe Ratios of HFND and FLSP, 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 Ratio0.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
1.10
0.70
HFND
FLSP

Dividends

HFND vs. FLSP - Dividend Comparison

HFND's dividend yield for the trailing twelve months is around 1.30%, while FLSP has not paid dividends to shareholders.


TTM20232022202120202019
HFND
Unlimited HFND Multi-Strategy Return Tracker ETF
1.30%1.41%0.43%0.00%0.00%0.00%
FLSP
Franklin Liberty Systematic Style Premia ETF
0.00%1.19%2.18%1.20%8.08%0.02%

Drawdowns

HFND vs. FLSP - Drawdown Comparison

The maximum HFND drawdown since its inception was -6.96%, smaller than the maximum FLSP drawdown of -22.75%. Use the drawdown chart below to compare losses from any high point for HFND and FLSP. For additional features, visit the drawdowns tool.


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-2.56%
-2.77%
HFND
FLSP

Volatility

HFND vs. FLSP - Volatility Comparison

The current volatility for Unlimited HFND Multi-Strategy Return Tracker ETF (HFND) is 2.35%, while Franklin Liberty Systematic Style Premia ETF (FLSP) has a volatility of 2.76%. This indicates that HFND experiences smaller price fluctuations and is considered to be less risky than FLSP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
2.35%
2.76%
HFND
FLSP
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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