EWLD.PA vs. FLRK.L

Last updated Jun 27, 2026

EWLD.PA (Amundi MSCI World Swap UCITS ETF EUR Distributing) and FLRK.L (Franklin FTSE Korea UCITS ETF) are both exchange-traded funds - EWLD.PA is a Global Equities fund tracking the MSCI World, while FLRK.L is a Asia Pacific Equities fund tracking the MSCI Korea NR USD. Both are passively managed. Over the past 5 years, EWLD.PA returned 11.87%/yr vs 20.31%/yr for FLRK.L. A 0.54 correlation means they provide meaningful diversification when combined. EWLD.PA charges 0.38%/yr vs 0.09%/yr for FLRK.L.

Performance

EWLD.PA vs. FLRK.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi MSCI World Swap UCITS ETF EUR Distributing (EWLD.PA) and Franklin FTSE Korea UCITS ETF (FLRK.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

EWLD.PA is traded in EUR, while FLRK.L is traded in GBP. To make them comparable, the FLRK.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, EWLD.PA achieves a 10.80% return, which is significantly lower than FLRK.L's 116.18% return.

EWLD.PA

• 1D: -0.27%
• 1M: 0.63%
• YTD: 10.80%
• 6M: 10.77%
• 1Y: 23.93%
• 3Y*: 17.53%
• 5Y*: 11.87%
• 10Y*: 12.86%

FLRK.L

• 1D: -1.86%
• 1M: 5.00%
• YTD: 116.18%
• 6M: 126.54%
• 1Y: 202.04%
• 3Y*: 48.33%
• 5Y*: 20.31%
• 10Y*: —

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

EWLD.PA vs. FLRK.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
EWLD.PA Amundi MSCI World Swap UCITS ETF EUR Distributing	10.80%	6.64%	26.85%	19.59%	-13.94%	32.44%	6.08%	15.32%
FLRK.L Franklin FTSE Korea UCITS ETF	116.18%	72.62%	-16.72%	16.57%	-23.52%	0.22%	34.85%	-10.03%

Correlation

The correlation between EWLD.PA and FLRK.L is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.55
Correlation (3Y) Calculated over the trailing 3-year period	0.52
Correlation (5Y) Calculated over the trailing 5-year period	0.51
Correlation (All Time) Calculated using the full available price history since Jun 4, 2019	0.54

The correlation between EWLD.PA and FLRK.L has been stable across timeframes, ranging from 0.51 to 0.55 - a consistent structural relationship.

Return for Risk

EWLD.PA vs. FLRK.L — Risk / Return Rank

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

EWLD.PA

EWLD.PA Risk / Return Rank: 78
EWLD.PA Sharpe Ratio Rank: 77
EWLD.PA Sortino Ratio Rank: 76
EWLD.PA Omega Ratio Rank: 77
EWLD.PA Calmar Ratio Rank: 79
EWLD.PA Martin Ratio Rank: 82

FLRK.L

FLRK.L Risk / Return Rank: 97
FLRK.L Sharpe Ratio Rank: 98
FLRK.L Sortino Ratio Rank: 96
FLRK.L Omega Ratio Rank: 96
FLRK.L Calmar Ratio Rank: 97
FLRK.L Martin Ratio Rank: 96

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.

EWLD.PA vs. FLRK.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI World Swap UCITS ETF EUR Distributing (EWLD.PA) and Franklin FTSE Korea UCITS ETF (FLRK.L). 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.

	EWLD.PA	FLRK.L	Difference
Sharpe ratio: Return per unit of total volatility	2.09	4.89	-2.80
Sortino ratio: Return per unit of downside risk	2.92	4.59	-1.67
Omega ratio: Gain probability vs. loss probability	1.39	1.68	-0.29
Calmar ratio: Return relative to maximum drawdown	3.55	9.59	-6.04
Martin ratio: Return relative to average drawdown	14.04	32.51	-18.47

EWLD.PA vs. FLRK.L - Sharpe Ratio Comparison

The current EWLD.PA Sharpe Ratio is 2.09, which is lower than the FLRK.L Sharpe Ratio of 4.89. The chart below compares the historical Sharpe Ratios of EWLD.PA and FLRK.L, 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

EWLD.PA vs. FLRK.L - Drawdown Comparison

The maximum EWLD.PA drawdown since its inception was -33.75%, smaller than the maximum FLRK.L drawdown of -40.28%. Use the drawdown chart below to compare losses from any high point for EWLD.PA and FLRK.L.

Drawdown Indicators

	EWLD.PA	FLRK.L	Difference
Max Drawdown Largest peak-to-trough decline	-33.75%	-40.28%	+6.53%
Max Drawdown (1Y) Largest decline over 1 year	-6.65%	-20.93%	+14.28%
Max Drawdown (3Y) Largest decline over 3 years	-21.69%	-34.91%	+13.22%
Max Drawdown (5Y) Largest decline over 5 years	-21.69%	-38.46%	+16.77%
Max Drawdown (10Y) Largest decline over 10 years	-33.75%	—	—
Current Drawdown Current decline from peak	-1.07%	-8.21%	+7.14%
Average Drawdown Average peak-to-trough decline	-4.52%	-17.20%	+12.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.69%	6.19%	-4.50%

Volatility

EWLD.PA vs. FLRK.L - Volatility Comparison

The current volatility for Amundi MSCI World Swap UCITS ETF EUR Distributing (EWLD.PA) is 3.05%, while Franklin FTSE Korea UCITS ETF (FLRK.L) has a volatility of 19.05%. This indicates that EWLD.PA experiences smaller price fluctuations and is considered to be less risky than FLRK.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EWLD.PA	FLRK.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.05%	19.05%	-16.00%
Volatility (6M) Calculated over the trailing 6-month period	8.04%	37.15%	-29.11%
Volatility (1Y) Calculated over the trailing 1-year period	11.30%	41.06%	-29.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.15%	30.48%	-16.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.05%	30.98%	-15.93%

EWLD.PA vs. FLRK.L - Expense Ratio Comparison

EWLD.PA has a 0.38% expense ratio, which is higher than FLRK.L's 0.09% expense ratio.

Dividends

EWLD.PA vs. FLRK.L - Dividend Comparison

EWLD.PA's dividend yield for the trailing twelve months is around 1.05%, while FLRK.L has not paid dividends to shareholders.

Position	TTM	2025	2024
EWLD.PA Amundi MSCI World Swap UCITS ETF EUR Distributing	1.05%	1.17%	0.61%
FLRK.L Franklin FTSE Korea UCITS ETF	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EWLD.PA and FLRK.L in my portfolio?

EWLD.PA and FLRK.L have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EWLD.PA or FLRK.L?

On fees, FLRK.L is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EWLD.PA or FLRK.L?

FLRK.L is cheaper with a 0.09% expense ratio, compared with 0.38% for EWLD.PA.

What is the main difference between EWLD.PA and FLRK.L?

EWLD.PA is categorized as Global Equities, while FLRK.L is Asia Pacific Equities. EWLD.PA tracks MSCI World, while FLRK.L tracks MSCI Korea NR USD. They also come from different issuers: Amundi and Franklin Templeton. Their fees differ too: 0.38% for EWLD.PA and 0.09% for FLRK.L.