AAD.DE vs. FLXI.DE

Last updated Jun 5, 2026

AAD.DE (Amadeus Fire AG) is a stock, while FLXI.DE (Franklin FTSE India UCITS ETF) is Asia Pacific Equities fund tracking the FTSE India 30/18 Capped. Over the past 5 years, AAD.DE returned -29.36%/yr vs 5.31%/yr for FLXI.DE. At a 0.24 correlation, their price movements are largely independent.

Performance

AAD.DE vs. FLXI.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amadeus Fire AG (AAD.DE) and Franklin FTSE India UCITS ETF (FLXI.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AAD.DE achieves a -47.17% return, which is significantly lower than FLXI.DE's -9.32% return.

AAD.DE

• 1D: -0.44%
• 1M: -2.97%
• YTD: -47.17%
• 6M: -46.86%
• 1Y: -69.65%
• 3Y*: -41.03%
• 5Y*: -29.36%
• 10Y*: -6.42%

FLXI.DE

• 1D: 1.07%
• 1M: -3.08%
• YTD: -9.32%
• 6M: -10.31%
• 1Y: -11.71%
• 3Y*: 3.83%
• 5Y*: 5.31%
• 10Y*: —

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

AAD.DE vs. FLXI.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
AAD.DE Amadeus Fire AG	-47.17%	-40.12%	-35.27%	10.28%	-34.96%	52.72%	-13.59%	25.47%
FLXI.DE Franklin FTSE India UCITS ETF	-9.32%	-8.72%	16.97%	17.26%	-1.79%	35.49%	1.89%	1.19%

Correlation

The correlation between AAD.DE and FLXI.DE is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.15
Correlation (3Y) Calculated over the trailing 3-year period	0.12
Correlation (5Y) Calculated over the trailing 5-year period	0.18
Correlation (All Time) Calculated using the full available price history since Jun 27, 2019	0.24

The correlation between AAD.DE and FLXI.DE shifts across timeframes, from 0.12 (3 years) to 0.24 (all time), reflecting how their relationship changes across market environments.

Return for Risk

AAD.DE vs. FLXI.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AAD.DE

AAD.DE Risk / Return Rank: 2
AAD.DE Sharpe Ratio Rank: 0
AAD.DE Sortino Ratio Rank: 0
AAD.DE Omega Ratio Rank: 1
AAD.DE Calmar Ratio Rank: 4
AAD.DE Martin Ratio Rank: 7

FLXI.DE

FLXI.DE Risk / Return Rank: 3
FLXI.DE Sharpe Ratio Rank: 3
FLXI.DE Sortino Ratio Rank: 3
FLXI.DE Omega Ratio Rank: 3
FLXI.DE Calmar Ratio Rank: 3
FLXI.DE Martin Ratio Rank: 2

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AAD.DE vs. FLXI.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amadeus Fire AG (AAD.DE) and Franklin FTSE India UCITS ETF (FLXI.DE). 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.

	AAD.DE	FLXI.DE	Difference
Sharpe ratio: Return per unit of total volatility	-1.89	-0.79	-1.10
Sortino ratio: Return per unit of downside risk	-3.71	-1.08	-2.62
Omega ratio: Gain probability vs. loss probability	0.58	0.88	-0.30
Calmar ratio: Return relative to maximum drawdown	-0.96	-0.66	-0.29
Martin ratio: Return relative to average drawdown	-1.45	-1.44	-0.01
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AAD.DE vs. FLXI.DE - Sharpe Ratio Comparison

The current AAD.DE Sharpe Ratio is -1.89, which is lower than the FLXI.DE Sharpe Ratio of -0.79. The chart below compares the historical Sharpe Ratios of AAD.DE and FLXI.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AAD.DE	FLXI.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.89	-0.79	-1.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.90	0.33	-1.23
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.19	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	0.33	-0.18

Drawdowns

AAD.DE vs. FLXI.DE - Drawdown Comparison

The maximum AAD.DE drawdown since its inception was -89.60%, which is greater than FLXI.DE's maximum drawdown of -40.58%. Use the drawdown chart below to compare losses from any high point for AAD.DE and FLXI.DE.

Drawdown Indicators

	AAD.DE	FLXI.DE	Difference
Max Drawdown Largest peak-to-trough decline	-89.60%	-40.58%	-49.02%
Max Drawdown (1Y) Largest decline over 1 year	-72.72%	-17.48%	-55.24%
Max Drawdown (3Y) Largest decline over 3 years	-80.54%	-24.76%	-55.78%
Max Drawdown (5Y) Largest decline over 5 years	-87.33%	-24.76%	-62.57%
Max Drawdown (10Y) Largest decline over 10 years	-87.33%	—	—
Current Drawdown Current decline from peak	-86.90%	-21.26%	-65.64%
Average Drawdown Average peak-to-trough decline	-32.71%	-7.78%	-24.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	48.05%	8.08%	+39.97%

Volatility

AAD.DE vs. FLXI.DE - Volatility Comparison

Amadeus Fire AG (AAD.DE) has a higher volatility of 12.56% compared to Franklin FTSE India UCITS ETF (FLXI.DE) at 5.52%. This indicates that AAD.DE's price experiences larger fluctuations and is considered to be riskier than FLXI.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AAD.DE	FLXI.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.56%	5.52%	+7.04%
Volatility (6M) Calculated over the trailing 6-month period	29.78%	12.18%	+17.60%
Volatility (1Y) Calculated over the trailing 1-year period	36.85%	14.69%	+22.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.33%	15.77%	+16.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.09%	19.96%	+13.13%

Dividends

AAD.DE vs. FLXI.DE - Dividend Comparison

Neither AAD.DE nor FLXI.DE has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AAD.DE Amadeus Fire AG	0.00%	9.32%	6.57%	3.66%	2.63%	0.85%	4.15%	3.15%	4.86%	4.74%	4.81%	4.49%
FLXI.DE Franklin FTSE India UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AAD.DE and FLXI.DE in my portfolio?

AAD.DE and FLXI.DE have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.