FLKR vs. BITI
FLKR (Franklin FTSE South Korea ETF) and BITI (ProShares Short Bitcoin ETF) are both exchange-traded funds - FLKR is a South Korea Equities fund tracking the FTSE South Korea RIC Capped Index, while BITI is a Cryptocurrency fund tracking the Bloomberg Bitcoin Index. Both are passively managed. Over the past 3 years, FLKR returned 38.63%/yr vs -32.35%/yr for BITI. Their -0.33 correlation means they have often moved in opposite directions in the past. FLKR charges 0.09%/yr vs 1.03%/yr for BITI.
Performance
FLKR vs. BITI - Performance Comparison
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Returns By Period
In the year-to-date period, FLKR achieves a 65.26% return, which is significantly higher than BITI's 25.22% return.
FLKR
- 1D
- 2.41%
- 1M
- -10.75%
- 6M
- 33.85%
- YTD
- 65.26%
- 1Y
- 129.79%
- 3Y*
- 38.63%
- 5Y*
- 14.00%
- 10Y*
- —
- ALL TIME*
- 11.50%
BITI
- 1D
- -1.48%
- 1M
- -4.03%
- 6M
- 13.09%
- YTD
- 25.22%
- 1Y
- 56.28%
- 3Y*
- -32.35%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -35.83%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $24.18M | $25.87M | $38.72M | |
| $59.58M | $54.36M | $54.35M |
FLKR vs. BITI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
FLKR Franklin FTSE South Korea ETF | 65.26% | 91.91% | -18.84% | 19.16% | -5.05% |
BITI ProShares Short Bitcoin ETF | 25.22% | -1.76% | -62.60% | -66.17% | 3.39% |
Correlation
The correlation between FLKR and BITI is -0.41, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.41 |
Correlation (3Y) Balances recent behavior with more history. | -0.30 |
Correlation (All Time) Calculated using the full available price history since Jun 21, 2022 | -0.33 |
The correlation between FLKR and BITI shifts across timeframes, from -0.41 (1 year) to -0.30 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
FLKR vs. BITI — Risk / Return Rank
FLKR
BITI
FLKR vs. BITI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE South Korea ETF (FLKR) and ProShares Short Bitcoin ETF (BITI). 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.
| FLKR | BITI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.17 | ||
| Sortino ratioReturn per unit of downside risk | +0.87 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.22 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 3.82 | 2.24 | +1.58 |
| Martin ratioReturn relative to average drawdown | 13.36 | 5.45 | +7.91 |
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Drawdowns
FLKR vs. BITI - Drawdown Comparison
The maximum FLKR drawdown since its inception was -50.06%, smaller than the maximum BITI drawdown of -92.16%. Use the drawdown chart below to compare losses from any high point for FLKR and BITI.
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Drawdown Indicators
| FLKR | BITI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.06% | -92.16% | +42.10% |
Max Drawdown (1Y)Largest decline over 1 year | -34.17% | -25.28% | -8.89% |
Max Drawdown (3Y)Largest decline over 3 years | -34.17% | -84.63% | +50.46% |
Max Drawdown (5Y)Largest decline over 5 years | -47.97% | — | — |
Current DrawdownCurrent decline from peak | -26.69% | -86.33% | +59.64% |
Average DrawdownAverage peak-to-trough decline | -21.96% | -68.61% | +46.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.75% | 10.37% | -0.62% |
Volatility
FLKR vs. BITI - Volatility Comparison
Franklin FTSE South Korea ETF (FLKR) has a higher volatility of 21.44% compared to ProShares Short Bitcoin ETF (BITI) at 8.93%. This indicates that FLKR's price experiences larger fluctuations and is considered to be riskier than BITI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FLKR | BITI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.44% | 8.93% | +12.51% |
Volatility (6M)Calculated over the trailing 6-month period | 50.34% | 33.35% | +16.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 53.44% | 44.25% | +9.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.18% | 52.01% | -19.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.79% | 52.01% | -22.22% |
FLKR vs. BITI - Expense Ratio Comparison
FLKR has a 0.09% expense ratio, which is lower than BITI's 1.03% expense ratio.
Dividends
FLKR vs. BITI - Dividend Comparison
FLKR's dividend yield for the trailing twelve months is around 2.79%, less than BITI's 21.80% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
BITI ProShares Short Bitcoin ETF | 21.80% | 1.60% | 3.91% | 3.33% | 0.06% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FLKR Franklin FTSE South Korea ETF | 2.79% | 3.87% | 7.08% | 2.28% | 3.13% | 2.12% | 0.99% | 2.09% | 1.86% | 1.02% |
Frequently Asked Questions
FLKR and BITI have a correlation of -0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FLKR has higher volatility (21.44%) compared to BITI (8.93%). In terms of maximum drawdown, FLKR dropped -50.06% vs BITI's -92.16%.
On 3-year performance, FLKR leads with 38.63% vs -32.35% for BITI. On fees, FLKR is cheaper at 0.09% per year. On volatility, BITI has been the lower-risk option at 8.93%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, FLKR has performed better with a 38.63% return vs -32.35%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FLKR is cheaper with a 0.09% expense ratio, compared with 1.03% for BITI.
BITI has the higher dividend yield at 21.80%, compared with 2.79% for FLKR.
FLKR is categorized as South Korea Equities, while BITI is Cryptocurrency. FLKR tracks FTSE South Korea RIC Capped Index, while BITI tracks Bloomberg Bitcoin Index. They also come from different issuers: Franklin Templeton and ProShares. Their fees differ too: 0.09% for FLKR and 1.03% for BITI.
FLKR currently has the higher Sharpe Ratio (2.45 vs 1.28), 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.
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