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IEV vs FLEU

iShares Europe ETF vs Franklin FTSE Eurozone ETF

IEV

iShares Europe ETF

Annual cost

0.60%

Fund size

$1.8B

FLEU

Franklin FTSE Eurozone ETF

Annual cost

0.09%

Fund size

$71M

Key differences

IEV is an equity ETF, while FLEU is an alternative ETF. IEV charges 0.60% a year and FLEU 0.09%.

  • IEV is an equity fund, while FLEU is an alternative fund. They carry different risk/return profiles.
  • IEV follows a index tracking strategy; FLEU uses option income.
  • FLEU costs 0.51% less per year.
  • IEV is much larger than FLEU. Larger funds are usually more liquid and less likely to close.
  • IEV has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

IEVFLEU
Annual cost (TER)0.60%0.09%
Fund size (AUM)$1.8B$71M
Since20002017
Dividend yield2.56%2.07%
Asset classequityalternative
Regioneurope
Strategyindex trackingoption income
CAGR 1Y+15.6%+16.3%
CAGR 3Y+16.4%+16.9%
CAGR 5Y+8.5%+11.7%
Sharpe 3Y0.830.79
Volatility 1Y15.75%17.18%
Max drawdown-36.62%-33.94%

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