FLTW vs SPY

Comparison between FRANKLIN FTSE TAIWAN ETF (FLTW, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceFLTW has outperformed SPY, delivering a return of +18.7% compared to +13.3%

FLTW vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FLTW(ETF)	SPY(ETF)
Net Assets	$1.40B	$652B
Expense Ratio	0.19%	0.09%
Max Drawdown	38.01%	56.47%
Sharpe Ratio	3.01	2.07
5Y Beta	1.10	1.00
P/E Ratio	N/A	28.24
Forward P/E	N/A	21.85
5Y Dividends CAGR	23.08%	5.43%
5Y EPS CAGR	N/A	25.79%
Debt to Equity	N/A	22.35%
P/S Ratio	N/A	3.55
P/B Ratio	N/A	5.29

Net Assets

FLTW

$1.40B

Winner

SPY

$652B

Expense Ratio

FLTW

0.19%

Winner

SPY

0.09%

Max Drawdown

Winner

FLTW

38.01%

SPY

56.47%

Sharpe Ratio

Winner

FLTW

3.01

SPY

2.07

5Y Beta

FLTW

1.10

Winner

SPY

1.00

P/E Ratio

FLTW

N/A

SPY

28.24

Forward P/E

FLTW

N/A

SPY

21.85

5Y Dividends CAGR

Winner

FLTW

23.08%

SPY

5.43%

5Y EPS CAGR

FLTW

N/A

SPY

25.79%

Debt to Equity

FLTW

N/A

SPY

22.35%

P/S Ratio

FLTW

N/A

SPY

3.55

P/B Ratio

FLTW

N/A

SPY

5.29

FLTW vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	FLTW	SPY
1 month	+26.89%	+9.11%
3 months	+36.58%	+6.59%
6 months	+58.93%	+10.56%
1 year	+104.40%	+32.04%
5 years(CAGR)	+18.69%	+13.35%
10 years(CAGR)	+19.01%	+15.49%
Max(CAGR)	+19.01%	+8.50%

Winner

FLTW

+26.89%

SPY

+9.11%

Winner

FLTW

+36.58%

SPY

+6.59%

Winner

FLTW

+58.93%

SPY

+10.56%

Winner

FLTW

+104.40%

SPY

+32.04%

5Y(CAGR)

Winner

FLTW

+18.69%

SPY

+13.35%

10Y(CAGR)

Winner

FLTW

+19.01%

SPY

+15.49%

Max(CAGR)

Winner

FLTW

+19.01%

SPY

+8.50%

FLTW vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	FLTW	SPY
2026	+50.11%	+8.27%
2025	+33.39%	+18.00%
2024	+19.48%	+25.59%
2023	+29.42%	+26.72%
2022	-27.90%	-18.64%
2021	+27.57%	+30.52%
2020	+28.31%	+17.28%
2019	+32.91%	+31.09%
2018	-9.33%	-5.24%
2017	-1.25%	+20.78%
2016	N/A	+13.59%
2015	N/A	+1.31%
2014	N/A	+14.56%
2013	N/A	+29.00%
2012	N/A	+14.17%
2011	N/A	+0.85%
2010	N/A	+13.14%
2009	N/A	+22.67%
2008	N/A	-36.25%
2007	N/A	+5.32%
2006	N/A	+13.85%
2005	N/A	+5.32%
2004	N/A	+10.75%
2003	N/A	+24.18%
2002	N/A	-22.42%
2001	N/A	-10.13%
2000	N/A	-8.84%
1999	N/A	+8.61%

FLTW vs SPY Drawdown Comparison

The maximum drawdown for FLTW was -38.00%, occurring on Oct 24, 2022. Recovery took 560 trading sessions.

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

Rank	FLTW	SPY
#1	-38.00% Jan 13, 2022 - Apr 9, 2024	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-28.94% Jan 13, 2020 - Jul 6, 2020	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-26.46% Jul 10, 2024 - Jun 10, 2025	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-19.27% Jan 25, 2018 - Oct 21, 2019	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-12.90% Apr 29, 2021 - Aug 4, 2021	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-10.87% Feb 25, 2026 - Apr 13, 2026	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-8.26% Oct 29, 2025 - Jan 2, 2026	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-8.15% Apr 9, 2024 - May 14, 2024	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-7.95% Sep 3, 2021 - Nov 17, 2021	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-7.47% Aug 5, 2021 - Sep 3, 2021	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-6.08% Oct 8, 2025 - Oct 20, 2025	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-5.93% Aug 17, 2020 - Oct 7, 2020	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-5.57% Jan 21, 2021 - Feb 11, 2021	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-5.44% Feb 24, 2021 - Apr 5, 2021	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-5.25% Jan 28, 2026 - Feb 11, 2026	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between FLTW and SPY is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.

0.95

-101

Dividend Comparison (1999 - 2026)

FLTW vs SPY dividend yield comparison.

Year	FLTW	SPY
2026	0.00%	0.24%
2025	2.51%	1.07%
2024	1.89%	1.21%
2023	2.85%	1.40%
2022	3.16%	1.65%
2021	2.31%	1.20%
2020	2.14%	1.52%
2019	3.00%	1.75%
2018	1.06%	2.04%
2017	0.00%	1.80%
2016	0.00%	2.03%
2015	0.00%	2.06%
2014	0.00%	1.87%
2013	0.00%	1.81%
2012	0.00%	2.18%
2011	0.00%	2.05%
2010	0.00%	1.80%
2009	0.00%	1.95%
2008	0.00%	3.02%
2007	0.00%	1.85%
2006	0.00%	1.73%
2005	0.00%	1.73%
2004	0.00%	1.82%
2003	0.00%	1.47%
2002	0.00%	1.70%
2001	0.00%	1.25%
2000	0.00%	1.15%
1999	0.00%	0.24%