PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
KWT vs. FLSA
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between KWT and FLSA is 0.37, 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.


-0.50.00.51.00.4

Performance

KWT vs. FLSA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Kuwait ETF (KWT) and Franklin FTSE Saudi Arabia ETF (FLSA). The values are adjusted to include any dividend payments, if applicable.

-2.00%0.00%2.00%4.00%6.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
2.35%
1.51%
KWT
FLSA

Key characteristics

Sharpe Ratio

KWT:

0.81

FLSA:

0.02

Sortino Ratio

KWT:

1.22

FLSA:

0.12

Omega Ratio

KWT:

1.16

FLSA:

1.02

Calmar Ratio

KWT:

0.49

FLSA:

0.02

Martin Ratio

KWT:

4.03

FLSA:

0.05

Ulcer Index

KWT:

2.46%

FLSA:

5.80%

Daily Std Dev

KWT:

12.23%

FLSA:

13.66%

Max Drawdown

KWT:

-25.37%

FLSA:

-38.32%

Current Drawdown

KWT:

-10.94%

FLSA:

-14.59%

Returns By Period

In the year-to-date period, KWT achieves a 10.18% return, which is significantly higher than FLSA's -1.28% return.


KWT

YTD

10.18%

1M

-1.60%

6M

2.19%

1Y

10.68%

5Y*

N/A

10Y*

N/A

FLSA

YTD

-1.28%

1M

-0.99%

6M

1.03%

1Y

1.76%

5Y*

8.75%

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.


KWT vs. FLSA - Expense Ratio Comparison

KWT has a 0.74% expense ratio, which is higher than FLSA's 0.39% expense ratio.


KWT
iShares MSCI Kuwait ETF
Expense ratio chart for KWT: current value at 0.74% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.74%
Expense ratio chart for FLSA: current value at 0.39% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.39%

Risk-Adjusted Performance

KWT vs. FLSA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Kuwait ETF (KWT) and Franklin FTSE Saudi Arabia ETF (FLSA). 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 KWT, currently valued at 0.81, compared to the broader market0.002.004.000.810.02
The chart of Sortino ratio for KWT, currently valued at 1.22, compared to the broader market-2.000.002.004.006.008.0010.001.220.12
The chart of Omega ratio for KWT, currently valued at 1.16, compared to the broader market0.501.001.502.002.503.001.161.02
The chart of Calmar ratio for KWT, currently valued at 0.49, compared to the broader market0.005.0010.0015.000.490.02
The chart of Martin ratio for KWT, currently valued at 4.03, compared to the broader market0.0020.0040.0060.0080.00100.004.030.05
KWT
FLSA

The current KWT Sharpe Ratio is 0.81, which is higher than the FLSA Sharpe Ratio of 0.02. The chart below compares the historical Sharpe Ratios of KWT and FLSA, 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 Ratio0.000.501.001.50JulyAugustSeptemberOctoberNovemberDecember
0.81
0.02
KWT
FLSA

Dividends

KWT vs. FLSA - Dividend Comparison

KWT's dividend yield for the trailing twelve months is around 6.15%, more than FLSA's 1.53% yield.


TTM20232022202120202019
KWT
iShares MSCI Kuwait ETF
6.15%2.26%4.49%7.65%0.27%0.00%
FLSA
Franklin FTSE Saudi Arabia ETF
1.53%3.09%1.90%1.95%2.16%3.18%

Drawdowns

KWT vs. FLSA - Drawdown Comparison

The maximum KWT drawdown since its inception was -25.37%, smaller than the maximum FLSA drawdown of -38.32%. Use the drawdown chart below to compare losses from any high point for KWT and FLSA. For additional features, visit the drawdowns tool.


-18.00%-16.00%-14.00%-12.00%-10.00%-8.00%JulyAugustSeptemberOctoberNovemberDecember
-10.94%
-14.59%
KWT
FLSA

Volatility

KWT vs. FLSA - Volatility Comparison

The current volatility for iShares MSCI Kuwait ETF (KWT) is 3.10%, while Franklin FTSE Saudi Arabia ETF (FLSA) has a volatility of 4.13%. This indicates that KWT experiences smaller price fluctuations and is considered to be less risky than FLSA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
3.10%
4.13%
KWT
FLSA
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


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.

Copyright © 2024 PortfoliosLab