AVWS.DE vs. FLXE.DE
AVWS.DE (Avantis Global Small Cap Value UCITS ETF USD Acc EUR) and FLXE.DE (Franklin Emerging Markets UCITS ETF) are both exchange-traded funds - AVWS.DE is a Foreign Small & Mid Cap Equities fund actively managed by Avantis, while FLXE.DE is a Emerging Markets Equities fund tracking the MSCI EM NR USD. AVWS.DE is actively managed, while FLXE.DE is passively managed. Over the past year, AVWS.DE returned 34.95% vs 30.17% for FLXE.DE. A 0.51 correlation means they provide meaningful diversification when combined. AVWS.DE charges 0.39%/yr vs 0.45%/yr for FLXE.DE.
Performance
AVWS.DE vs. FLXE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, AVWS.DE achieves a 18.30% return, which is significantly higher than FLXE.DE's 16.10% return.
AVWS.DE
- 1D
- 0.39%
- 1M
- 1.51%
- YTD
- 18.30%
- 6M
- 18.97%
- 1Y
- 34.95%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FLXE.DE
- 1D
- -0.62%
- 1M
- 1.42%
- YTD
- 16.10%
- 6M
- 17.14%
- 1Y
- 30.17%
- 3Y*
- 15.92%
- 5Y*
- 7.69%
- 10Y*
- —
AVWS.DE vs. FLXE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
AVWS.DE Avantis Global Small Cap Value UCITS ETF USD Acc EUR | 18.30% | 7.87% | 5.65% |
FLXE.DE Franklin Emerging Markets UCITS ETF | 16.10% | 13.48% | -0.38% |
Correlation
The correlation between AVWS.DE and FLXE.DE is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Oct 2, 2024 | 0.51 |
The correlation between AVWS.DE and FLXE.DE has been stable across timeframes, ranging from 0.48 to 0.51 - a consistent structural relationship.
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Return for Risk
AVWS.DE vs. FLXE.DE — Risk / Return Rank
AVWS.DE
FLXE.DE
AVWS.DE vs. FLXE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis Global Small Cap Value UCITS ETF USD Acc EUR (AVWS.DE) and Franklin Emerging Markets UCITS ETF (FLXE.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.
| AVWS.DE | FLXE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.10 | ||
| Sortino ratioReturn per unit of downside risk | +0.13 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.42 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 5.44 | 3.58 | +1.86 |
| Martin ratioReturn relative to average drawdown | 20.29 | 12.18 | +8.11 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AVWS.DE | FLXE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.40 | 2.30 | +0.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.56 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.08 | 0.36 | +0.72 |
Drawdowns
AVWS.DE vs. FLXE.DE - Drawdown Comparison
The maximum AVWS.DE drawdown since its inception was -25.21%, smaller than the maximum FLXE.DE drawdown of -32.87%. Use the drawdown chart below to compare losses from any high point for AVWS.DE and FLXE.DE.
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Drawdown Indicators
| AVWS.DE | FLXE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.21% | -32.87% | +7.66% |
Max Drawdown (1Y)Largest decline over 1 year | -6.39% | -8.39% | +2.00% |
Max Drawdown (3Y)Largest decline over 3 years | — | -14.16% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -18.56% | — |
Current DrawdownCurrent decline from peak | -0.39% | -1.81% | +1.42% |
Average DrawdownAverage peak-to-trough decline | -5.13% | -7.16% | +2.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.72% | 2.47% | -0.75% |
Volatility
AVWS.DE vs. FLXE.DE - Volatility Comparison
The current volatility for Avantis Global Small Cap Value UCITS ETF USD Acc EUR (AVWS.DE) is 3.27%, while Franklin Emerging Markets UCITS ETF (FLXE.DE) has a volatility of 5.11%. This indicates that AVWS.DE experiences smaller price fluctuations and is considered to be less risky than FLXE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AVWS.DE | FLXE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.27% | 5.11% | -1.84% |
Volatility (6M)Calculated over the trailing 6-month period | 9.60% | 10.96% | -1.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.48% | 13.04% | +1.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.12% | 13.69% | +4.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.12% | 16.06% | +2.06% |
AVWS.DE vs. FLXE.DE - Expense Ratio Comparison
AVWS.DE has a 0.39% expense ratio, which is lower than FLXE.DE's 0.45% expense ratio.
Dividends
AVWS.DE vs. FLXE.DE - Dividend Comparison
Neither AVWS.DE nor FLXE.DE has paid dividends to shareholders.
Frequently Asked Questions
AVWS.DE and FLXE.DE have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AVWS.DE is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AVWS.DE is cheaper with a 0.39% expense ratio, compared with 0.45% for FLXE.DE.
AVWS.DE is categorized as Foreign Small & Mid Cap Equities, while FLXE.DE is Emerging Markets Equities. They also come from different issuers: Avantis and Franklin Templeton. Their fees differ too: 0.39% for AVWS.DE and 0.45% for FLXE.DE.
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