ICOW vs. FLQH
Compare and contrast key facts about Pacer Developed Markets International Cash Cows 100 ETF (ICOW) and Franklin LibertyQ International Equity Hedged ETF (FLQH).
ICOW and FLQH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ICOW is a passively managed fund by Pacer Advisors that tracks the performance of the Pacer Developed Markets International Cash Cows 100 Index. It was launched on Jun 16, 2017. FLQH is a passively managed fund by Franklin Templeton that tracks the performance of the LibertyQ International Equity Hedged Index. It was launched on Jun 1, 2016. Both ICOW and FLQH 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: ICOW or FLQH.
Key characteristics
| ICOW | FLQH |
|---|
Correlation
The correlation between ICOW and FLQH is 0.73, 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
ICOW vs. FLQH - Performance Comparison
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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ICOW vs. FLQH - Expense Ratio Comparison
ICOW has a 0.65% expense ratio, which is higher than FLQH's 0.40% expense ratio.
Risk-Adjusted Performance
ICOW vs. FLQH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer Developed Markets International Cash Cows 100 ETF (ICOW) and Franklin LibertyQ International Equity Hedged ETF (FLQH). 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
ICOW vs. FLQH - Dividend Comparison
ICOW's dividend yield for the trailing twelve months is around 3.68%, while FLQH has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
ICOW Pacer Developed Markets International Cash Cows 100 ETF | 3.68% | 3.61% | 5.26% | 2.11% | 2.46% | 3.10% | 2.61% | 0.80% | 0.00% |
FLQH Franklin LibertyQ International Equity Hedged ETF | 3.08% | 3.17% | 0.87% | 2.77% | 6.23% | 1.61% | 5.67% | 4.02% | 11.56% |
Drawdowns
ICOW vs. FLQH - Drawdown Comparison
Volatility
ICOW vs. FLQH - Volatility Comparison
Pacer Developed Markets International Cash Cows 100 ETF (ICOW) has a higher volatility of 3.71% compared to Franklin LibertyQ International Equity Hedged ETF (FLQH) at 0.00%. This indicates that ICOW's price experiences larger fluctuations and is considered to be riskier than FLQH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.