FLKR vs. COHR
FLKR (Franklin FTSE South Korea ETF) is Asia Pacific Equities fund tracking the FTSE South Korea RIC Capped Index, while COHR (Coherent, Inc.) is a stock. Over the past 5 years, FLKR returned 19.64%/yr vs 43.17%/yr for COHR. At a 0.47 correlation, their price movements are largely independent.
Performance
FLKR vs. COHR - Performance Comparison
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Returns By Period
In the year-to-date period, FLKR achieves a 112.26% return, which is significantly lower than COHR's 124.22% return.
FLKR
- 1D
- 7.15%
- 1M
- 17.17%
- YTD
- 112.26%
- 6M
- 128.12%
- 1Y
- 212.42%
- 3Y*
- 49.62%
- 5Y*
- 19.64%
- 10Y*
- —
COHR
- 1D
- 7.48%
- 1M
- 8.21%
- YTD
- 124.22%
- 6M
- 131.91%
- 1Y
- 434.88%
- 3Y*
- 96.11%
- 5Y*
- 43.17%
- 10Y*
- 35.53%
FLKR vs. COHR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FLKR Franklin FTSE South Korea ETF | 112.26% | 91.91% | -18.84% | 19.16% | -27.50% | -7.54% | 42.64% | 8.88% | -21.30% | 3.00% |
COHR Coherent, Inc. | 124.22% | 94.84% | 117.62% | 24.02% | -48.63% | -10.04% | 125.60% | 3.73% | -30.86% | 13.13% |
Correlation
The correlation between FLKR and COHR is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Nov 6, 2017 | 0.47 |
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Return for Risk
FLKR vs. COHR — Risk / Return Rank
FLKR
COHR
FLKR vs. COHR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE South Korea ETF (FLKR) and Coherent, Inc. (COHR). 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 | COHR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.31 | ||
| Sortino ratioReturn per unit of downside risk | +0.09 | ||
| Omega ratioGain probability vs. loss probability | 1.63 | 1.59 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 9.29 | 16.54 | -7.25 |
| Martin ratioReturn relative to average drawdown | 32.27 | 45.32 | -13.05 |
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Drawdowns
FLKR vs. COHR - Drawdown Comparison
The maximum FLKR drawdown since its inception was -50.06%, smaller than the maximum COHR drawdown of -80.89%. Use the drawdown chart below to compare losses from any high point for FLKR and COHR.
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Drawdown Indicators
| FLKR | COHR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.06% | -80.89% | +30.83% |
Max Drawdown (1Y)Largest decline over 1 year | -23.03% | -26.52% | +3.49% |
Max Drawdown (3Y)Largest decline over 3 years | -26.39% | -54.85% | +28.46% |
Max Drawdown (5Y)Largest decline over 5 years | -49.51% | -62.87% | +13.36% |
Max Drawdown (10Y)Largest decline over 10 years | — | -72.22% | — |
Current DrawdownCurrent decline from peak | -2.76% | -3.06% | +0.30% |
Average DrawdownAverage peak-to-trough decline | -22.02% | -35.01% | +12.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.61% | 9.66% | -3.05% |
Volatility
FLKR vs. COHR - Volatility Comparison
The current volatility for Franklin FTSE South Korea ETF (FLKR) is 26.71%, while Coherent, Inc. (COHR) has a volatility of 28.85%. This indicates that FLKR experiences smaller price fluctuations and is considered to be less risky than COHR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FLKR | COHR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.71% | 28.85% | -2.14% |
Volatility (6M)Calculated over the trailing 6-month period | 42.52% | 57.84% | -15.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.33% | 73.98% | -27.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.77% | 61.69% | -31.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.47% | 56.62% | -28.15% |
Dividends
FLKR vs. COHR - Dividend Comparison
FLKR's dividend yield for the trailing twelve months is around 1.82%, while COHR has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
COHR Coherent, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FLKR Franklin FTSE South Korea ETF | 1.82% | 3.87% | 7.08% | 2.28% | 3.13% | 2.12% | 0.99% | 2.09% | 1.86% | 1.02% |
Frequently Asked Questions
FLKR and COHR have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
COHR has higher volatility (28.85%) compared to FLKR (26.71%). In terms of maximum drawdown, FLKR dropped -50.06% vs COHR's -80.89%.
COHR currently has the higher Sharpe Ratio (5.94 vs 4.63), 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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