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FEZ vs FLEU

State Street SPDR EURO STOXX 50 ETF vs Franklin FTSE Eurozone ETF

FEZ

State Street SPDR EURO STOXX 50 ETF

Annual cost

0.29%

Fund size

$4.5B

FLEU

Franklin FTSE Eurozone ETF

Annual cost

0.09%

Fund size

$71M

Key differences

FEZ is an equity ETF, while FLEU is an alternative ETF. FEZ charges 0.29% a year and FLEU 0.09%.

  • FEZ is an equity fund, while FLEU is an alternative fund. They carry different risk/return profiles.
  • FEZ follows a index tracking strategy; FLEU uses option income.
  • FLEU costs 0.20% less per year.
  • FEZ is much larger than FLEU. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, FEZ has delivered higher annualized returns.
  • FEZ has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FEZFLEU
Annual cost (TER)0.29%0.09%
Fund size (AUM)$4.5B$71M
Since20022017
Dividend yield2.55%2.07%
Asset classequityalternative
Regioneurope
Strategyindex trackingoption income
CAGR 1Y+14.9%+16.3%
CAGR 3Y+18.3%+16.9%
CAGR 5Y+9.8%+11.7%
Sharpe 3Y0.820.79
Volatility 1Y18.07%17.18%
Max drawdown-39.69%-33.94%

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