0Y8Z.L vs. FRXD.L
0Y8Z.L (iShares Core MSCI EMU UCITS ETF EUR (Dist)) and FRXD.L (Franklin European Quality Dividend UCITS ETF) are both Europe Equities funds - 0Y8Z.L tracks the MSCI EMU Net Index (EUR) while FRXD.L tracks the Franklin European Quality Dividend UCITS ETF. Both are passively managed. Over the past 3 years, 0Y8Z.L returned 15.97%/yr vs 19.64%/yr for FRXD.L. At a 0.25 correlation, their price movements are largely independent. 0Y8Z.L charges 0.12%/yr vs 0.25%/yr for FRXD.L.
Performance
0Y8Z.L vs. FRXD.L - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with 0Y8Z.L having a 11.27% return and FRXD.L slightly lower at 11.06%.
0Y8Z.L
- 1D
- -1.02%
- 1M
- -0.23%
- 6M
- 6.94%
- YTD
- 11.27%
- 1Y
- 20.28%
- 3Y*
- 15.97%
- 5Y*
- —
- 10Y*
- —
FRXD.L
- 1D
- -0.85%
- 1M
- -1.52%
- 6M
- 10.24%
- YTD
- 11.06%
- 1Y
- 19.06%
- 3Y*
- 19.64%
- 5Y*
- 12.20%
- 10Y*
- —
0Y8Z.L vs. FRXD.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
0Y8Z.L iShares Core MSCI EMU UCITS ETF EUR (Dist) | 11.27% | 24.83% | 8.63% | 15.41% | 1.14% |
FRXD.L Franklin European Quality Dividend UCITS ETF | 11.06% | 24.01% | 12.76% | 10.32% | 2.63% |
Correlation
The correlation between 0Y8Z.L and FRXD.L is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Jul 25, 2022 | 0.25 |
The correlation between 0Y8Z.L and FRXD.L shifts across timeframes, from 0.25 (all time) to 0.37 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
0Y8Z.L vs. FRXD.L — Risk / Return Rank
0Y8Z.L
FRXD.L
0Y8Z.L vs. FRXD.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core MSCI EMU UCITS ETF EUR (Dist) (0Y8Z.L) and Franklin European Quality Dividend UCITS ETF (FRXD.L). 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.
| 0Y8Z.L | FRXD.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.81 | ||
| Sortino ratioReturn per unit of downside risk | -1.09 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.39 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 2.13 | 5.71 | -3.58 |
| Martin ratioReturn relative to average drawdown | 8.14 | 13.52 | -5.39 |
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Drawdowns
0Y8Z.L vs. FRXD.L - Drawdown Comparison
The maximum 0Y8Z.L drawdown since its inception was -14.60%, smaller than the maximum FRXD.L drawdown of -35.42%. Use the drawdown chart below to compare losses from any high point for 0Y8Z.L and FRXD.L.
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Drawdown Indicators
| 0Y8Z.L | FRXD.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.60% | -35.42% | +20.82% |
Max Drawdown (1Y)Largest decline over 1 year | -10.00% | -3.30% | -6.70% |
Max Drawdown (3Y)Largest decline over 3 years | -14.60% | -10.26% | -4.34% |
Max Drawdown (5Y)Largest decline over 5 years | — | -14.39% | — |
Current DrawdownCurrent decline from peak | -2.77% | -2.31% | -0.46% |
Average DrawdownAverage peak-to-trough decline | -2.23% | -3.86% | +1.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.60% | 1.39% | +1.21% |
Volatility
0Y8Z.L vs. FRXD.L - Volatility Comparison
iShares Core MSCI EMU UCITS ETF EUR (Dist) (0Y8Z.L) has a higher volatility of 4.06% compared to Franklin European Quality Dividend UCITS ETF (FRXD.L) at 2.57%. This indicates that 0Y8Z.L's price experiences larger fluctuations and is considered to be riskier than FRXD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 0Y8Z.L | FRXD.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.06% | 2.57% | +1.49% |
Volatility (6M)Calculated over the trailing 6-month period | 13.23% | 6.82% | +6.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.75% | 8.72% | +7.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.99% | 11.25% | +7.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.99% | 13.50% | +5.49% |
0Y8Z.L vs. FRXD.L - Expense Ratio Comparison
0Y8Z.L has a 0.12% expense ratio, which is lower than FRXD.L's 0.25% 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
0Y8Z.L vs. FRXD.L - Dividend Comparison
0Y8Z.L's dividend yield for the trailing twelve months is around 2.32%, less than FRXD.L's 3.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
0Y8Z.L iShares Core MSCI EMU UCITS ETF EUR (Dist) | 2.32% | 2.53% | 2.41% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FRXD.L Franklin European Quality Dividend UCITS ETF | 3.98% | 4.28% | 4.30% | 5.00% | 5.20% | 4.63% | 3.53% | 4.42% | 5.53% |
Frequently Asked Questions
0Y8Z.L and FRXD.L have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 0Y8Z.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
0Y8Z.L is cheaper with a 0.12% expense ratio, compared with 0.25% for FRXD.L.
0Y8Z.L tracks MSCI EMU Net Index (EUR), while FRXD.L tracks Franklin European Quality Dividend UCITS ETF. They also come from different issuers: iShares and Franklin. Their fees differ too: 0.12% for 0Y8Z.L and 0.25% for FRXD.L.
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