FLKR vs. CRAK

Last updated Jun 14, 2026

FLKR (Franklin FTSE South Korea ETF) and CRAK (VanEck Oil Refiners ETF) are both exchange-traded funds - FLKR is a Asia Pacific Equities fund tracking the FTSE South Korea RIC Capped Index, while CRAK is a Energy Equities fund tracking the MVIS Global Oil Refiners Index. Both are passively managed. Over the past 5 years, FLKR returned 17.78%/yr vs 13.12%/yr for CRAK. A 0.53 correlation means they provide meaningful diversification when combined. FLKR charges 0.09%/yr vs 0.62%/yr for CRAK.

Performance

FLKR vs. CRAK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin FTSE South Korea ETF (FLKR) and VanEck Oil Refiners ETF (CRAK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FLKR achieves a 98.10% return, which is significantly higher than CRAK's 29.26% return.

FLKR

• 1D: -0.69%
• 1M: 9.35%
• YTD: 98.10%
• 6M: 113.45%
• 1Y: 191.57%
• 3Y*: 45.52%
• 5Y*: 17.78%
• 10Y*: —

CRAK

• 1D: 0.01%
• 1M: -1.57%
• YTD: 29.26%
• 6M: 26.17%
• 1Y: 55.23%
• 3Y*: 20.46%
• 5Y*: 13.12%
• 10Y*: 13.50%

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

FLKR vs. CRAK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FLKR Franklin FTSE South Korea ETF	98.10%	91.91%	-18.84%	19.16%	-27.50%	-7.54%	42.64%	8.88%	-21.30%	3.00%
CRAK VanEck Oil Refiners ETF	29.26%	39.11%	-15.05%	13.73%	19.10%	10.90%	-11.22%	9.15%	-10.46%	8.44%

Correlation

The correlation between FLKR and CRAK is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.29
Correlation (3Y) Calculated over the trailing 3-year period	0.41
Correlation (5Y) Calculated over the trailing 5-year period	0.48
Correlation (All Time) Calculated using the full available price history since Nov 6, 2017	0.53

Over the past year, the correlation between FLKR and CRAK has dropped to 0.29 - well below their long-term average of 0.53, suggesting their price drivers have been diverging.

FLKR vs. CRAK - Sectors Allocation Comparison

Sectors	FLKR	CRAK
Technology	62.9%	-
Industrials	14.6%	4.0%
Financial Services	7.5%	-
Consumer Cyclical	6.3%	-
Healthcare	2.4%	-
Communication Services	2.0%	-
Basic Materials	1.9%	1.2%
Consumer Defensive	1.4%	-
Energy	0.7%	98.8%
Utilities	0.3%	-
Real Estate	-	-

Return for Risk

FLKR vs. CRAK — Risk / Return Rank

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

FLKR

FLKR Risk / Return Rank: 95
FLKR Sharpe Ratio Rank: 97
FLKR Sortino Ratio Rank: 92
FLKR Omega Ratio Rank: 93
FLKR Calmar Ratio Rank: 96
FLKR Martin Ratio Rank: 95

CRAK

CRAK Risk / Return Rank: 92
CRAK Sharpe Ratio Rank: 93
CRAK Sortino Ratio Rank: 92
CRAK Omega Ratio Rank: 90
CRAK Calmar Ratio Rank: 94
CRAK Martin Ratio Rank: 89

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.

FLKR vs. CRAK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE South Korea ETF (FLKR) and VanEck Oil Refiners ETF (CRAK). 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	CRAK	Difference
Sharpe ratio: Return per unit of total volatility	4.08	2.98	+1.10
Sortino ratio: Return per unit of downside risk	3.94	3.91	+0.03
Omega ratio: Gain probability vs. loss probability	1.58	1.50	+0.07
Calmar ratio: Return relative to maximum drawdown	8.11	6.49	+1.62
Martin ratio: Return relative to average drawdown	28.21	17.24	+10.97

FLKR vs. CRAK - Sharpe Ratio Comparison

The current FLKR Sharpe Ratio is 4.08, which is higher than the CRAK Sharpe Ratio of 2.98. The chart below compares the historical Sharpe Ratios of FLKR and CRAK, 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

FLKR vs. CRAK - Drawdown Comparison

The maximum FLKR drawdown since its inception was -50.06%, smaller than the maximum CRAK drawdown of -58.80%. Use the drawdown chart below to compare losses from any high point for FLKR and CRAK.

Drawdown Indicators

	FLKR	CRAK	Difference
Max Drawdown Largest peak-to-trough decline	-50.06%	-58.80%	+8.74%
Max Drawdown (1Y) Largest decline over 1 year	-23.03%	-8.57%	-14.46%
Max Drawdown (3Y) Largest decline over 3 years	-26.39%	-35.61%	+9.22%
Max Drawdown (5Y) Largest decline over 5 years	-49.51%	-35.61%	-13.90%
Max Drawdown (10Y) Largest decline over 10 years	—	-58.80%	—
Current Drawdown Current decline from peak	-9.25%	-6.68%	-2.57%
Average Drawdown Average peak-to-trough decline	-22.03%	-12.48%	-9.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.61%	3.22%	+3.39%

Volatility

FLKR vs. CRAK - Volatility Comparison

Franklin FTSE South Korea ETF (FLKR) has a higher volatility of 25.85% compared to VanEck Oil Refiners ETF (CRAK) at 5.81%. This indicates that FLKR's price experiences larger fluctuations and is considered to be riskier than CRAK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLKR	CRAK	Difference
Volatility (1M) Calculated over the trailing 1-month period	25.85%	5.81%	+20.04%
Volatility (6M) Calculated over the trailing 6-month period	42.11%	14.72%	+27.39%
Volatility (1Y) Calculated over the trailing 1-year period	45.82%	18.66%	+27.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.58%	20.67%	+8.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.37%	22.17%	+6.20%

FLKR vs. CRAK - Expense Ratio Comparison

FLKR has a 0.09% expense ratio, which is lower than CRAK's 0.62% expense ratio.

Dividends

FLKR vs. CRAK - Dividend Comparison

FLKR's dividend yield for the trailing twelve months is around 1.95%, more than CRAK's 1.56% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CRAK VanEck Oil Refiners ETF	1.56%	2.02%	5.60%	3.65%	3.08%	2.40%	2.64%	1.49%	2.42%	1.66%	3.42%	0.47%
FLKR Franklin FTSE South Korea ETF	1.95%	3.87%	7.08%	2.28%	3.13%	2.12%	0.99%	2.09%	1.86%	1.02%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FLKR and CRAK in my portfolio?

FLKR and CRAK have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FLKR or CRAK?

FLKR has higher volatility (25.85%) compared to CRAK (5.81%). In terms of maximum drawdown, FLKR dropped -50.06% vs CRAK's -58.80%.

Which ETF is better, FLKR or CRAK?

On 5-year performance, FLKR leads with 17.78% vs 13.12% for CRAK. On fees, FLKR is cheaper at 0.09% per year. On volatility, CRAK has been the lower-risk option at 5.81%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FLKR or CRAK?

Over the 5-year period, FLKR has performed better with a 17.78% return vs 13.12%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FLKR or CRAK?

FLKR is cheaper with a 0.09% expense ratio, compared with 0.62% for CRAK.

Which ETF pays a higher dividend yield, FLKR or CRAK?

FLKR has the higher dividend yield at 1.95%, compared with 1.56% for CRAK.

What is the main difference between FLKR and CRAK?

FLKR is categorized as Asia Pacific Equities, while CRAK is Energy Equities. FLKR tracks FTSE South Korea RIC Capped Index, while CRAK tracks MVIS Global Oil Refiners Index. They also come from different issuers: Franklin Templeton and VanEck. Their fees differ too: 0.09% for FLKR and 0.62% for CRAK.

Which has better risk-adjusted returns?

FLKR currently has the higher Sharpe Ratio (4.08 vs 2.98), 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.