SGOV vs. FLIN
SGOV (iShares 0-3 Month Treasury Bond ETF) and FLIN (Franklin FTSE India ETF) are both exchange-traded funds - SGOV is a Ultrashort Bond fund tracking the ICE 0-3 Month US Treasury Securities Index, while FLIN is a Asia Pacific Equities fund tracking the FTSE India RIC Capped Index. Both are passively managed. Over the past 5 years, SGOV returned 3.55%/yr vs 3.66%/yr for FLIN. At a correlation of -0.04, they often move in opposite directions. SGOV charges 0.09%/yr vs 0.19%/yr for FLIN.
Performance
SGOV vs. FLIN - Performance Comparison
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Returns By Period
In the year-to-date period, SGOV achieves a 1.59% return, which is significantly higher than FLIN's -11.27% return.
SGOV
- 1D
- 0.01%
- 1M
- 0.29%
- YTD
- 1.59%
- 6M
- 1.80%
- 1Y
- 3.94%
- 3Y*
- 4.70%
- 5Y*
- 3.55%
- 10Y*
- —
FLIN
- 1D
- 0.88%
- 1M
- 0.50%
- YTD
- -11.27%
- 6M
- -10.27%
- 1Y
- -13.20%
- 3Y*
- 5.71%
- 5Y*
- 3.66%
- 10Y*
- —
SGOV vs. FLIN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SGOV iShares 0-3 Month Treasury Bond ETF | 1.59% | 4.24% | 5.27% | 5.12% | 1.58% | 0.04% | 0.04% |
FLIN Franklin FTSE India ETF | -11.27% | 2.40% | 10.33% | 20.58% | -7.96% | 24.96% | 50.95% |
Correlation
The correlation between SGOV and FLIN is -0.13, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since May 28, 2020 | -0.04 |
The correlation between SGOV and FLIN shifts across timeframes, from -0.13 (1 year) to -0.01 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
SGOV vs. FLIN — Risk / Return Rank
SGOV
FLIN
SGOV vs. FLIN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares 0-3 Month Treasury Bond ETF (SGOV) and Franklin FTSE India ETF (FLIN). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SGOV | FLIN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +21.11 | ||
| Sortino ratioReturn per unit of downside risk | +276.19 | ||
| Omega ratioGain probability vs. loss probability | 195.05 | 0.86 | +194.19 |
| Calmar ratioReturn relative to maximum drawdown | 397.15 | -0.71 | +397.86 |
| Martin ratioReturn relative to average drawdown | 4,450.29 | -1.68 | +4,451.97 |
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Drawdowns
SGOV vs. FLIN - Drawdown Comparison
The maximum SGOV drawdown since its inception was -0.03%, smaller than the maximum FLIN drawdown of -41.90%. Use the drawdown chart below to compare losses from any high point for SGOV and FLIN.
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Drawdown Indicators
| SGOV | FLIN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.03% | -41.90% | +41.87% |
Max Drawdown (1Y)Largest decline over 1 year | -0.01% | -18.79% | +18.78% |
Max Drawdown (3Y)Largest decline over 3 years | -0.01% | -22.85% | +22.84% |
Max Drawdown (5Y)Largest decline over 5 years | -0.03% | -22.85% | +22.82% |
Current DrawdownCurrent decline from peak | 0.00% | -18.31% | +18.31% |
Average DrawdownAverage peak-to-trough decline | -0.00% | -8.03% | +8.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.00% | 7.89% | -7.89% |
Volatility
SGOV vs. FLIN - Volatility Comparison
The current volatility for iShares 0-3 Month Treasury Bond ETF (SGOV) is 0.05%, while Franklin FTSE India ETF (FLIN) has a volatility of 4.13%. This indicates that SGOV experiences smaller price fluctuations and is considered to be less risky than FLIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SGOV | FLIN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.05% | 4.13% | -4.08% |
Volatility (6M)Calculated over the trailing 6-month period | 0.13% | 12.84% | -12.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.20% | 14.99% | -14.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.24% | 15.76% | -15.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.24% | 20.43% | -20.19% |
SGOV vs. FLIN - Expense Ratio Comparison
SGOV has a 0.09% expense ratio, which is lower than FLIN's 0.19% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
SGOV vs. FLIN - Dividend Comparison
SGOV's dividend yield for the trailing twelve months is around 3.85%, more than FLIN's 0.63% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
FLIN Franklin FTSE India ETF | 0.63% | 0.56% | 1.58% | 0.73% | 0.73% | 2.26% | 0.68% | 0.90% | 0.92% |
SGOV iShares 0-3 Month Treasury Bond ETF | 3.85% | 4.10% | 5.10% | 4.87% | 1.45% | 0.03% | 0.05% | 0.00% | 0.00% |
Frequently Asked Questions
SGOV and FLIN have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FLIN has higher volatility (4.13%) compared to SGOV (0.05%). In terms of maximum drawdown, SGOV dropped -0.03% vs FLIN's -41.90%.
On 5-year performance, FLIN leads with 3.66% vs 3.55% for SGOV. On fees, SGOV is cheaper at 0.09% per year. On volatility, SGOV has been the lower-risk option at 0.05%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, FLIN has performed better with a 3.66% return vs 3.55%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SGOV is cheaper with a 0.09% expense ratio, compared with 0.19% for FLIN.
SGOV has the higher dividend yield at 3.85%, compared with 0.63% for FLIN.
SGOV is categorized as Ultrashort Bond, while FLIN is Asia Pacific Equities. SGOV tracks ICE 0-3 Month US Treasury Securities Index, while FLIN tracks FTSE India RIC Capped Index. They also come from different issuers: iShares and Franklin Templeton. Their fees differ too: 0.09% for SGOV and 0.19% for FLIN.
SGOV currently has the higher Sharpe Ratio (20.22 vs -0.88), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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