PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
EWY vs. FLXK.DE
Performance
Return for Risk
Dividends
Drawdowns
Volatility

EWY vs. FLXK.DE

Last updated Apr 2, 2026

Compare and contrast key facts about iShares MSCI South Korea ETF (EWY) and Franklin FTSE Korea UCITS ETF (FLXK.DE).

EWY and FLXK.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EWY is a passively managed fund by iShares that tracks the performance of the MSCI Korea Index. It was launched on May 12, 2000. FLXK.DE is a passively managed fund by Franklin Templeton that tracks the performance of the FTSE Korea 30/18 Capped. It was launched on Jun 4, 2019. Both EWY and FLXK.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

EWY vs. FLXK.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI South Korea ETF (EWY) and Franklin FTSE Korea UCITS ETF (FLXK.DE). The values are adjusted to include any dividend payments, if applicable.

Loading graphics...

EWY vs. FLXK.DE - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
EWY
iShares MSCI South Korea ETF		29.83%95.33%-20.48%19.05%-26.59%-7.58%39.43%12.57%
FLXK.DE
Franklin FTSE Korea UCITS ETF		31.65%95.50%-21.80%20.42%-27.66%-7.76%47.26%13.96%
Different Trading Currencies

EWY is traded in USD, while FLXK.DE is traded in EUR. To make them comparable, the FLXK.DE values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, EWY achieves a 29.83% return, which is significantly lower than FLXK.DE's 31.65% return.

EWY

1D
2.61%
1M
-14.45%
YTD
29.83%
6M
57.60%
1Y
135.29%
3Y*
30.35%
5Y*
9.10%
10Y*
11.34%

FLXK.DE

1D
9.22%
1M
-11.89%
YTD
31.65%
6M
61.54%
1Y
139.47%
3Y*
31.24%
5Y*
9.34%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares MSCI South Korea ETF

Franklin FTSE Korea UCITS ETF

Often compared with EWY:
EWY vs. FLKREWY vs. SPYEWY vs. EWJEWY vs. QQQEWY vs. KORUEWY vs. EWTEWY vs. EWH
Often compared with FLXK.DE:
FLXK.DE vs. 4GLD.DEFLXK.DE vs. BRK-AFLXK.DE vs. EUNL.DEFLXK.DE vs. CNYAFLXK.DE vs. VUAA.DEFLXK.DE vs. IS3N.DEFLXK.DE vs. DIA

EWY vs. FLXK.DE - Expense Ratio Comparison

EWY has a 0.59% expense ratio, which is higher than FLXK.DE's 0.09% expense ratio.

EWY
iShares MSCI South Korea ETF
FLXK.DE
Franklin FTSE Korea UCITS ETF

Return for Risk

EWY vs. FLXK.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
EWY
EWY Risk / Return Rank: 9898
Overall Rank
EWY Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
EWY Sortino Ratio Rank: 9797
Sortino Ratio Rank
EWY Omega Ratio Rank: 9797
Omega Ratio Rank
EWY Calmar Ratio Rank: 9898
Calmar Ratio Rank
EWY Martin Ratio Rank: 9898
Martin Ratio Rank
FLXK.DE
FLXK.DE Risk / Return Rank: 9898
Overall Rank
FLXK.DE Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
FLXK.DE Sortino Ratio Rank: 9898
Sortino Ratio Rank
FLXK.DE Omega Ratio Rank: 9797
Omega Ratio Rank
FLXK.DE Calmar Ratio Rank: 9898
Calmar Ratio Rank
FLXK.DE Martin Ratio Rank: 9898
Martin Ratio Rank
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.

EWY vs. FLXK.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI South Korea ETF (EWY) and Franklin FTSE Korea UCITS ETF (FLXK.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.

EWYFLXK.DEDifference

Sharpe ratio

Return per unit of total volatility

3.75

4.16

-0.42

Sortino ratio

Return per unit of downside risk

3.92

4.46

-0.54

Omega ratio

Gain probability vs. loss probability

1.56

1.64

-0.08

Calmar ratio

Return relative to maximum drawdown

6.01

6.21

-0.19

Martin ratio

Return relative to average drawdown

24.11

24.88

-0.77

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EWY vs. FLXK.DE - Sharpe Ratio Comparison

The current EWY Sharpe Ratio is 3.75, which is comparable to the FLXK.DE Sharpe Ratio of 4.16. The chart below compares the historical Sharpe Ratios of EWY and FLXK.DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Loading graphics...

Sharpe Ratios by Period

EWYFLXK.DEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

3.75

4.16

-0.42

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.34

0.37

-0.02

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.43

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.27

0.58

-0.31

Correlation

The correlation between EWY and FLXK.DE is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

EWY vs. FLXK.DE - Dividend Comparison

EWY's dividend yield for the trailing twelve months is around 1.61%, while FLXK.DE has not paid dividends to shareholders.

TTM20252024202320222021202020192018201720162015
EWY
iShares MSCI South Korea ETF		1.61%2.10%2.55%2.52%1.23%2.16%0.73%2.10%1.34%2.90%1.21%2.42%
FLXK.DE
Franklin FTSE Korea UCITS ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

EWY vs. FLXK.DE - Drawdown Comparison

The maximum EWY drawdown since its inception was -74.14%, which is greater than FLXK.DE's maximum drawdown of -49.45%. Use the drawdown chart below to compare losses from any high point for EWY and FLXK.DE.

Loading graphics...

Drawdown Indicators

EWYFLXK.DEDifference

Max Drawdown

Largest peak-to-trough decline

-74.14%

-39.43%

-34.71%

Max Drawdown (1Y)

Largest decline over 1 year

-23.08%

-20.92%

-2.16%

Max Drawdown (5Y)

Largest decline over 5 years

-48.55%

-39.36%

-9.19%

Max Drawdown (10Y)

Largest decline over 10 years

-49.73%

—

—

Current Drawdown

Current decline from peak

-16.61%

-13.94%

-2.67%

Average Drawdown

Average peak-to-trough decline

-20.23%

-15.84%

-4.39%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.76%

5.44%

+0.32%

Volatility

EWY vs. FLXK.DE - Volatility Comparison

iShares MSCI South Korea ETF (EWY) has a higher volatility of 20.29% compared to Franklin FTSE Korea UCITS ETF (FLXK.DE) at 17.33%. This indicates that EWY's price experiences larger fluctuations and is considered to be riskier than FLXK.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading graphics...

Volatility by Period

EWYFLXK.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

20.29%

17.33%

+2.96%

Volatility (6M)

Calculated over the trailing 6-month period

31.19%

28.70%

+2.49%

Volatility (1Y)

Calculated over the trailing 1-year period

36.35%

33.33%

+3.02%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

26.63%

25.20%

+1.43%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

26.20%

27.04%

-0.84%