AMBA vs. FLKR

Last updated Aug 1, 2026

AMBA (Ambarella, Inc.) is a stock, while FLKR (Franklin FTSE South Korea ETF) is South Korea Equities fund tracking the FTSE South Korea RIC Capped Index. Over the past 5 years, AMBA returned -2.68%/yr vs 14.07%/yr for FLKR. Their 0.47 correlation means their historical movements had little consistent relationship.

Performance

AMBA vs. FLKR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ambarella, Inc. (AMBA) and Franklin FTSE South Korea ETF (FLKR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AMBA achieves a 21.40% return, which is significantly lower than FLKR's 61.37% return.

AMBA

• 1D: 16.08%
• 1M: -2.65%
• 6M: 34.29%
• YTD: 21.40%
• 1Y: 30.13%
• 3Y*: 0.78%
• 5Y*: -2.68%
• 10Y*: 4.28%
• ALL TIME*: 20.30%

FLKR

• 1D: -2.28%
• 1M: -15.74%
• 6M: 29.07%
• YTD: 61.37%
• 1Y: 117.49%
• 3Y*: 35.68%
• 5Y*: 14.07%
• 10Y*: —
• ALL TIME*: 11.21%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AMBA Ambarella, Inc.	$192.92M	$151.48M	$136.93M
FLKR Franklin FTSE South Korea ETF	$43.49M	$47.84M	$51.57M

AMBA vs. FLKR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AMBA Ambarella, Inc.	21.40%	-2.61%	18.68%	-25.47%	-59.47%	120.96%	51.62%	73.13%	-40.46%	5.19%
FLKR Franklin FTSE South Korea ETF	61.37%	91.91%	-18.84%	19.16%	-27.50%	-7.54%	42.64%	8.88%	-21.30%	3.00%

Correlation

The correlation between AMBA and FLKR is 0.52, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.52
Correlation (3Y) Balances recent behavior with more history.	0.46
Correlation (5Y) Shows whether the relationship held over a longer period.	0.49
Correlation (All Time) Calculated using the full available price history since Nov 6, 2017	0.47

The correlation between AMBA and FLKR has been stable across timeframes, ranging from 0.46 to 0.52 - a consistent structural relationship.

Return for Risk

AMBA vs. FLKR — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

AMBA

AMBA Risk / Return Rank: 60
AMBA Sharpe Ratio Rank: 59
AMBA Sortino Ratio Rank: 61
AMBA Omega Ratio Rank: 62
AMBA Calmar Ratio Rank: 60
AMBA Martin Ratio Rank: 59

FLKR

FLKR Risk / Return Rank: 85
FLKR Sharpe Ratio Rank: 90
FLKR Sortino Ratio Rank: 80
FLKR Omega Ratio Rank: 84
FLKR Calmar Ratio Rank: 87
FLKR Martin Ratio Rank: 86

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

AMBA vs. FLKR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ambarella, Inc. (AMBA) and Franklin FTSE South Korea ETF (FLKR). 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.

	AMBA	FLKR	Difference
Sharpe ratio: Return per unit of total volatility	0.40	2.21	-1.82
Sortino ratio: Return per unit of downside risk	1.07	2.56	-1.49
Omega ratio: Gain probability vs. loss probability	1.15	1.36	-0.21
Calmar ratio: Return relative to maximum drawdown	0.62	3.46	-2.84
Martin ratio: Return relative to average drawdown	1.19	12.27	-11.09

AMBA vs. FLKR - Sharpe Ratio Comparison

The current AMBA Sharpe Ratio is 0.40, which is lower than the FLKR Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of AMBA and FLKR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AMBA vs. FLKR - Drawdown Comparison

The maximum AMBA drawdown since its inception was -81.65%, which is greater than FLKR's maximum drawdown of -50.06%. Use the drawdown chart below to compare losses from any high point for AMBA and FLKR.

Drawdown Indicators

	AMBA	FLKR	Difference
Max Drawdown Largest peak-to-trough decline	-81.65%	-50.06%	-31.59%
Max Drawdown (1Y) Largest decline over 1 year	-49.06%	-34.17%	-14.89%
Max Drawdown (3Y) Largest decline over 3 years	-51.41%	-34.17%	-17.24%
Max Drawdown (5Y) Largest decline over 5 years	-81.65%	-47.97%	-33.68%
Max Drawdown (10Y) Largest decline over 10 years	-81.65%	—	—
Current Drawdown Current decline from peak	-60.34%	-28.42%	-31.92%
Average Drawdown Average peak-to-trough decline	-48.60%	-21.96%	-26.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	25.45%	9.61%	+15.84%

Volatility

AMBA vs. FLKR - Volatility Comparison

Ambarella, Inc. (AMBA) has a higher volatility of 30.03% compared to Franklin FTSE South Korea ETF (FLKR) at 21.39%. This indicates that AMBA's price experiences larger fluctuations and is considered to be riskier than FLKR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AMBA	FLKR	Difference
Volatility (1M) Calculated over the trailing 1-month period	30.03%	21.39%	+8.64%
Volatility (6M) Calculated over the trailing 6-month period	60.80%	50.33%	+10.47%
Volatility (1Y) Calculated over the trailing 1-year period	76.25%	53.42%	+22.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	65.85%	32.16%	+33.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	58.34%	29.79%	+28.55%

Dividends

AMBA vs. FLKR - Dividend Comparison

AMBA has not paid dividends to shareholders, while FLKR's dividend yield for the trailing twelve months is around 2.86%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
AMBA Ambarella, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FLKR Franklin FTSE South Korea ETF	2.86%	3.87%	7.08%	2.28%	3.13%	2.12%	0.99%	2.09%	1.86%	1.02%

Frequently Asked Questions

Can I hold both AMBA and FLKR in my portfolio?

AMBA and FLKR have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AMBA or FLKR?

AMBA has higher volatility (30.03%) compared to FLKR (21.39%). In terms of maximum drawdown, AMBA dropped -81.65% vs FLKR's -50.06%.

Which has better risk-adjusted returns?

FLKR currently has the higher Sharpe Ratio (2.21 vs 0.40), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.