BWLP vs. FLKR

Last updated Jul 14, 2026

BWLP (BW LPG Limited) 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, BWLP returned 132.82%/yr vs 14.98%/yr for FLKR. At a 0.08 correlation, their price movements are largely independent.

Performance

BWLP vs. FLKR - Performance Comparison

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

Returns By Period

The year-to-date returns for both investments are quite close, with BWLP having a 69.76% return and FLKR slightly higher at 73.03%.

BWLP

• 1D: 2.29%
• 1M: -6.55%
• 6M: 62.09%
• YTD: 69.76%
• 1Y: 74.65%
• 3Y*: 61.60%
• 5Y*: 132.82%
• 10Y*: 73.50%

FLKR

• 1D: -8.04%
• 1M: -12.65%
• 6M: 55.54%
• YTD: 73.03%
• 1Y: 132.73%
• 3Y*: 39.36%
• 5Y*: 14.98%
• 10Y*: —

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

BWLP vs. FLKR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BWLP BW LPG Limited	69.76%	29.04%	0.32%	770.27%	272.29%	3.97%	1.05%	121.88%	7.61%	11.32%
FLKR Franklin FTSE South Korea ETF	73.03%	91.91%	-18.84%	19.16%	-27.50%	-7.54%	42.64%	8.88%	-21.30%	3.00%

Correlation

The correlation between BWLP and FLKR is 0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.14
Correlation (5Y) Calculated over the trailing 5-year period	0.10
Correlation (All Time) Calculated using the full available price history since Nov 6, 2017	0.08

Return for Risk

BWLP vs. FLKR — Risk / Return Rank

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

BWLP

BWLP Risk / Return Rank: 86
BWLP Sharpe Ratio Rank: 91
BWLP Sortino Ratio Rank: 85
BWLP Omega Ratio Rank: 85
BWLP Calmar Ratio Rank: 86
BWLP Martin Ratio Rank: 83

FLKR

FLKR Risk / Return Rank: 89
FLKR Sharpe Ratio Rank: 93
FLKR Sortino Ratio Rank: 81
FLKR Omega Ratio Rank: 87
FLKR Calmar Ratio Rank: 94
FLKR Martin Ratio Rank: 92

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.

BWLP vs. FLKR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BW LPG Limited (BWLP) 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.

	BWLP	FLKR	Difference
Sharpe ratio: Return per unit of total volatility	1.91	2.65	-0.74
Sortino ratio: Return per unit of downside risk	2.38	2.85	-0.47
Omega ratio: Gain probability vs. loss probability	1.31	1.42	-0.11
Calmar ratio: Return relative to maximum drawdown	2.88	5.74	-2.86
Martin ratio: Return relative to average drawdown	6.06	17.85	-11.79

BWLP vs. FLKR - Sharpe Ratio Comparison

The current BWLP Sharpe Ratio is 1.91, which is comparable to the FLKR Sharpe Ratio of 2.65. The chart below compares the historical Sharpe Ratios of BWLP 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

BWLP vs. FLKR - Drawdown Comparison

The maximum BWLP drawdown since its inception was -68.80%, which is greater than FLKR's maximum drawdown of -50.06%. Use the drawdown chart below to compare losses from any high point for BWLP and FLKR.

Drawdown Indicators

	BWLP	FLKR	Difference
Max Drawdown Largest peak-to-trough decline	-68.80%	-50.06%	-18.74%
Max Drawdown (1Y) Largest decline over 1 year	-26.04%	-23.24%	-2.80%
Max Drawdown (3Y) Largest decline over 3 years	-54.28%	-26.39%	-27.89%
Max Drawdown (5Y) Largest decline over 5 years	-54.28%	-48.14%	-6.14%
Max Drawdown (10Y) Largest decline over 10 years	-68.80%	—	—
Current Drawdown Current decline from peak	-6.55%	-23.24%	+16.69%
Average Drawdown Average peak-to-trough decline	-20.63%	-21.93%	+1.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.37%	7.47%	+4.90%

Volatility

BWLP vs. FLKR - Volatility Comparison

The current volatility for BW LPG Limited (BWLP) is 16.36%, while Franklin FTSE South Korea ETF (FLKR) has a volatility of 25.87%. This indicates that BWLP experiences smaller price fluctuations and is considered to be less risky than FLKR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BWLP	FLKR	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.36%	25.87%	-9.51%
Volatility (6M) Calculated over the trailing 6-month period	31.45%	47.53%	-16.08%
Volatility (1Y) Calculated over the trailing 1-year period	39.29%	50.45%	-11.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	107.24%	31.20%	+76.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	89.45%	29.25%	+60.20%

Dividends

BWLP vs. FLKR - Dividend Comparison

BWLP's dividend yield for the trailing twelve months is around 12.48%, more than FLKR's 2.67% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BWLP BW LPG Limited	12.48%	10.08%	33.42%	70.60%	81.52%	24.41%	18.45%	7.70%	0.00%	0.00%	61.62%	31.19%
FLKR Franklin FTSE South Korea ETF	2.67%	3.87%	7.08%	2.28%	3.13%	2.12%	0.99%	2.09%	1.86%	1.02%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BWLP and FLKR in my portfolio?

BWLP and FLKR have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BWLP or FLKR?

FLKR has higher volatility (25.87%) compared to BWLP (16.36%). In terms of maximum drawdown, BWLP dropped -68.80% vs FLKR's -50.06%.

Which has better risk-adjusted returns?

FLKR currently has the higher Sharpe Ratio (2.65 vs 1.91), 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.