ETLS.DE vs. FLXU.DE
ETLS.DE (L&G US Equity UCITS ETF) and FLXU.DE (Franklin U.S. Equity UCITS ETF) are both Large Cap Blend Equities funds - ETLS.DE tracks the Solactive Core United States Large & Mid Cap while FLXU.DE tracks the Russell 1000 TR USD. Both are passively managed. Over the past 5 years, ETLS.DE returned 14.64%/yr vs 13.12%/yr for FLXU.DE. Their correlation of 0.89 suggests significant overlap in exposure. ETLS.DE charges 0.05%/yr vs 0.25%/yr for FLXU.DE.
Performance
ETLS.DE vs. FLXU.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ETLS.DE achieves a 11.28% return, which is significantly lower than FLXU.DE's 12.87% return.
ETLS.DE
- 1D
- -0.11%
- 1M
- 5.49%
- YTD
- 11.28%
- 6M
- 11.23%
- 1Y
- 25.64%
- 3Y*
- 19.26%
- 5Y*
- 14.64%
- 10Y*
- —
FLXU.DE
- 1D
- -0.15%
- 1M
- 4.95%
- YTD
- 12.87%
- 6M
- 12.95%
- 1Y
- 27.17%
- 3Y*
- 15.56%
- 5Y*
- 13.12%
- 10Y*
- —
ETLS.DE vs. FLXU.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
ETLS.DE L&G US Equity UCITS ETF | 11.28% | 5.06% | 32.53% | 24.21% | -16.00% | 38.89% | 10.12% | 27.92% |
FLXU.DE Franklin U.S. Equity UCITS ETF | 12.87% | 8.49% | 16.79% | 11.05% | -3.81% | 38.42% | -0.68% | 26.72% |
Correlation
The correlation between ETLS.DE and FLXU.DE is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.92 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.86 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.88 |
Correlation (All Time) Calculated using the full available price history since Jan 17, 2019 | 0.89 |
The correlation between ETLS.DE and FLXU.DE has been stable across timeframes, ranging from 0.86 to 0.92 - a consistent structural relationship.
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Return for Risk
ETLS.DE vs. FLXU.DE — Risk / Return Rank
ETLS.DE
FLXU.DE
ETLS.DE vs. FLXU.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G US Equity UCITS ETF (ETLS.DE) and Franklin U.S. Equity UCITS ETF (FLXU.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.
| ETLS.DE | FLXU.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.02 | ||
| Sortino ratioReturn per unit of downside risk | -0.18 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.41 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 3.37 | 4.70 | -1.32 |
| Martin ratioReturn relative to average drawdown | 12.00 | 17.09 | -5.09 |
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
| ETLS.DE | FLXU.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.21 | 2.23 | -0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.94 | 0.94 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.98 | 0.90 | +0.08 |
Drawdowns
ETLS.DE vs. FLXU.DE - Drawdown Comparison
The maximum ETLS.DE drawdown since its inception was -33.98%, roughly equal to the maximum FLXU.DE drawdown of -32.92%. Use the drawdown chart below to compare losses from any high point for ETLS.DE and FLXU.DE.
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Drawdown Indicators
| ETLS.DE | FLXU.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.98% | -32.92% | -1.06% |
Max Drawdown (1Y)Largest decline over 1 year | -7.57% | -5.76% | -1.81% |
Max Drawdown (3Y)Largest decline over 3 years | -23.68% | -23.04% | -0.64% |
Max Drawdown (5Y)Largest decline over 5 years | -23.68% | -23.04% | -0.64% |
Current DrawdownCurrent decline from peak | -0.45% | -0.15% | -0.30% |
Average DrawdownAverage peak-to-trough decline | -4.63% | -3.92% | -0.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.13% | 1.59% | +0.54% |
Volatility
ETLS.DE vs. FLXU.DE - Volatility Comparison
The current volatility for L&G US Equity UCITS ETF (ETLS.DE) is 2.76%, while Franklin U.S. Equity UCITS ETF (FLXU.DE) has a volatility of 3.43%. This indicates that ETLS.DE experiences smaller price fluctuations and is considered to be less risky than FLXU.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ETLS.DE | FLXU.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.76% | 3.43% | -0.67% |
Volatility (6M)Calculated over the trailing 6-month period | 7.67% | 8.59% | -0.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.54% | 12.12% | -0.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.45% | 13.86% | +1.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.17% | 15.48% | +1.69% |
ETLS.DE vs. FLXU.DE - Expense Ratio Comparison
ETLS.DE has a 0.05% expense ratio, which is lower than FLXU.DE'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
ETLS.DE vs. FLXU.DE - Dividend Comparison
Neither ETLS.DE nor FLXU.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.92, ETLS.DE and FLXU.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, ETLS.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ETLS.DE is cheaper with a 0.05% expense ratio, compared with 0.25% for FLXU.DE.
ETLS.DE tracks Solactive Core United States Large & Mid Cap, while FLXU.DE tracks Russell 1000 TR USD. They also come from different issuers: Legal & General and Franklin Templeton. Their fees differ too: 0.05% for ETLS.DE and 0.25% for FLXU.DE.
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