WWJD vs. MCSE

Last updated Aug 2, 2026

WWJD (Inspire International ESG ETF) and MCSE (Franklin Sustainable International Equity ETF) are both Foreign Large Cap Equities funds. WWJD is passively managed, while MCSE is actively managed. Over the past 3 years, WWJD returned 14.53%/yr vs -0.12%/yr for MCSE. Their 0.72 correlation means they have sometimes moved together and sometimes differently. WWJD charges 0.80%/yr vs 0.59%/yr for MCSE.

Performance

WWJD vs. MCSE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Inspire International ESG ETF (WWJD) and Franklin Sustainable International Equity ETF (MCSE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WWJD achieves a 10.32% return, which is significantly higher than MCSE's 1.12% return.

WWJD

• 1D: -0.75%
• 1M: 2.61%
• 6M: 5.41%
• YTD: 10.32%
• 1Y: 20.74%
• 3Y*: 14.53%
• 5Y*: 7.94%
• 10Y*: —
• ALL TIME*: 11.45%

MCSE

• 1D: 0.00%
• 1M: 0.00%
• 6M: 0.00%
• YTD: 1.12%
• 1Y: 4.30%
• 3Y*: -0.12%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 6.07%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
MCSE Franklin Sustainable International Equity ETF	$0.00	$0.00	$0.00
WWJD Inspire International ESG ETF	$2.37M	$2.78M	$2.48M

WWJD vs. MCSE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
WWJD Inspire International ESG ETF	10.32%	29.28%	1.05%	16.42%	10.07%
MCSE Franklin Sustainable International Equity ETF	1.12%	7.79%	-9.46%	14.86%	10.04%

Correlation

The correlation between WWJD and MCSE is 0.46, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.46
Correlation (3Y) Balances recent behavior with more history.	0.68
Correlation (All Time) Calculated using the full available price history since Oct 31, 2022	0.72

Over the past year, the correlation between WWJD and MCSE has dropped to 0.46 - well below their long-term average of 0.72, suggesting their price drivers have been diverging.

WWJD vs. MCSE - Sectors Allocation Comparison

Sectors	WWJD	MCSE
Industrials	20.5%	18.1%
Financial Services	18.3%	2.1%
Basic Materials	13.2%	5.1%
Utilities	10.1%	-
Technology	8.2%	31.1%
Consumer Cyclical	6.9%	13.8%
Energy	6.6%	-
Healthcare	6.0%	20.1%
Consumer Defensive	5.6%	5.0%
Real Estate	2.8%	-
Communication Services	1.9%	4.7%

Return for Risk

WWJD vs. MCSE — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

WWJD

WWJD Risk / Return Rank: 59
WWJD Sharpe Ratio Rank: 61
WWJD Sortino Ratio Rank: 59
WWJD Omega Ratio Rank: 62
WWJD Calmar Ratio Rank: 53
WWJD Martin Ratio Rank: 59

MCSE

MCSE Risk / Return Rank: 19
MCSE Sharpe Ratio Rank: 20
MCSE Sortino Ratio Rank: 18
MCSE Omega Ratio Rank: 22
MCSE Calmar Ratio Rank: 17
MCSE Martin Ratio Rank: 17

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

WWJD vs. MCSE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Inspire International ESG ETF (WWJD) and Franklin Sustainable International Equity ETF (MCSE). 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.

	WWJD	MCSE	Difference
Sharpe ratio: Return per unit of total volatility	1.44	0.37	+1.06
Sortino ratio: Return per unit of downside risk	2.02	0.58	+1.44
Omega ratio: Gain probability vs. loss probability	1.26	1.10	+0.16
Calmar ratio: Return relative to maximum drawdown	1.91	0.37	+1.55
Martin ratio: Return relative to average drawdown	6.96	0.92	+6.05

WWJD vs. MCSE - Sharpe Ratio Comparison

The current WWJD Sharpe Ratio is 1.44, which is higher than the MCSE Sharpe Ratio of 0.37. The chart below compares the historical Sharpe Ratios of WWJD and MCSE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

WWJD vs. MCSE - Drawdown Comparison

The maximum WWJD drawdown since its inception was -35.76%, which is greater than MCSE's maximum drawdown of -26.36%. Use the drawdown chart below to compare losses from any high point for WWJD and MCSE.

Drawdown Indicators

	WWJD	MCSE	Difference
Max Drawdown Largest peak-to-trough decline	-35.76%	-26.36%	-9.40%
Max Drawdown (1Y) Largest decline over 1 year	-10.77%	-10.42%	-0.35%
Max Drawdown (3Y) Largest decline over 3 years	-14.97%	-26.36%	+11.39%
Max Drawdown (5Y) Largest decline over 5 years	-29.10%	—	—
Current Drawdown Current decline from peak	-0.75%	-10.51%	+9.76%
Average Drawdown Average peak-to-trough decline	-6.87%	-8.79%	+1.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.96%	4.36%	-1.40%

Volatility

WWJD vs. MCSE - Volatility Comparison

Inspire International ESG ETF (WWJD) has a higher volatility of 3.92% compared to Franklin Sustainable International Equity ETF (MCSE) at 0.00%. This indicates that WWJD's price experiences larger fluctuations and is considered to be riskier than MCSE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WWJD	MCSE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.92%	0.00%	+3.92%
Volatility (6M) Calculated over the trailing 6-month period	12.56%	1.91%	+10.65%
Volatility (1Y) Calculated over the trailing 1-year period	14.40%	10.71%	+3.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.65%	19.08%	-2.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.99%	19.08%	+0.91%

WWJD vs. MCSE - Expense Ratio Comparison

WWJD has a 0.80% expense ratio, which is higher than MCSE's 0.59% expense ratio.

Dividends

WWJD vs. MCSE - Dividend Comparison

WWJD's dividend yield for the trailing twelve months is around 2.49%, less than MCSE's 3.74% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
MCSE Franklin Sustainable International Equity ETF	3.74%	3.78%	0.63%	0.57%	0.48%	0.00%	0.00%
WWJD Inspire International ESG ETF	2.49%	2.58%	2.99%	2.56%	2.09%	15.22%	1.22%

Frequently Asked Questions

Can I hold both WWJD and MCSE in my portfolio?

WWJD and MCSE have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WWJD or MCSE?

WWJD has higher volatility (3.92%) compared to MCSE (0.00%). In terms of maximum drawdown, WWJD dropped -35.76% vs MCSE's -26.36%.

Which ETF is better, WWJD or MCSE?

On 3-year performance, WWJD leads with 14.53% vs -0.12% for MCSE. On fees, MCSE is cheaper at 0.59% per year. On volatility, MCSE has been the lower-risk option at 0.00%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WWJD or MCSE?

Over the 3-year period, WWJD has performed better with a 14.53% return vs -0.12%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WWJD or MCSE?

MCSE is cheaper with a 0.59% expense ratio, compared with 0.80% for WWJD.

Which ETF pays a higher dividend yield, WWJD or MCSE?

MCSE has the higher dividend yield at 3.74%, compared with 2.49% for WWJD.

What is the main difference between WWJD and MCSE?

They also come from different issuers: Inspire and Franklin. Their fees differ too: 0.80% for WWJD and 0.59% for MCSE.

Which has better risk-adjusted returns?

WWJD currently has the higher Sharpe Ratio (1.44 vs 0.37), 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.