FLKR vs. IXC

Last updated Jul 12, 2026

FLKR (Franklin FTSE South Korea ETF) and IXC (iShares Global Energy ETF) are both exchange-traded funds - FLKR is a South Korea Equities fund tracking the FTSE South Korea RIC Capped Index, while IXC is a Energy Equities fund tracking the S&P Global 1200 Energy Capped Index. Both are passively managed. Over the past 5 years, FLKR returned 17.20%/yr vs 18.91%/yr for IXC. At a 0.36 correlation, their price movements are largely independent. FLKR charges 0.09%/yr vs 0.40%/yr for IXC.

Performance

FLKR vs. IXC - Performance Comparison

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

Returns By Period

In the year-to-date period, FLKR achieves a 88.17% return, which is significantly higher than IXC's 23.35% return.

FLKR

• 1D: -0.13%
• 1M: -5.67%
• 6M: 69.24%
• YTD: 88.17%
• 1Y: 153.09%
• 3Y*: 45.44%
• 5Y*: 17.20%
• 10Y*: —

IXC

• 1D: 0.51%
• 1M: -4.24%
• 6M: 20.68%
• YTD: 23.35%
• 1Y: 29.02%
• 3Y*: 14.69%
• 5Y*: 18.91%
• 10Y*: 8.83%

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

FLKR vs. IXC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FLKR Franklin FTSE South Korea ETF	88.17%	91.91%	-18.84%	19.16%	-27.50%	-7.54%	42.64%	8.88%	-21.30%	3.00%
IXC iShares Global Energy ETF	23.35%	13.98%	1.95%	3.92%	48.51%	40.88%	-31.00%	12.67%	-14.85%	4.80%

Correlation

The correlation between FLKR and IXC is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.02
Correlation (3Y) Calculated over the trailing 3-year period	0.15
Correlation (5Y) Calculated over the trailing 5-year period	0.25
Correlation (All Time) Calculated using the full available price history since Nov 6, 2017	0.36

Over the past year, the correlation between FLKR and IXC has dropped to 0.02 - well below their long-term average of 0.36, suggesting their price drivers have been diverging.

FLKR vs. IXC - Sectors Allocation Comparison

Sectors	FLKR	IXC
Technology	62.9%	-
Industrials	14.6%	-
Financial Services	7.4%	-
Consumer Cyclical	6.3%	-
Healthcare	2.4%	-
Communication Services	2.0%	-
Basic Materials	1.9%	-
Consumer Defensive	1.4%	-
Energy	0.7%	99.4%
Utilities	0.3%	0.2%
Real Estate	-	-

Return for Risk

FLKR vs. IXC — Risk / Return Rank

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

FLKR

FLKR Risk / Return Rank: 92
FLKR Sharpe Ratio Rank: 95
FLKR Sortino Ratio Rank: 87
FLKR Omega Ratio Rank: 90
FLKR Calmar Ratio Rank: 95
FLKR Martin Ratio Rank: 94

IXC

IXC Risk / Return Rank: 51
IXC Sharpe Ratio Rank: 58
IXC Sortino Ratio Rank: 53
IXC Omega Ratio Rank: 51
IXC Calmar Ratio Rank: 48
IXC Martin Ratio Rank: 47

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. IXC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE South Korea ETF (FLKR) and iShares Global Energy ETF (IXC). 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	IXC	Difference
Sharpe ratio: Return per unit of total volatility	3.07	1.56	+1.50
Sortino ratio: Return per unit of downside risk	3.16	2.09	+1.06
Omega ratio: Gain probability vs. loss probability	1.47	1.26	+0.20
Calmar ratio: Return relative to maximum drawdown	6.61	1.95	+4.66
Martin ratio: Return relative to average drawdown	20.76	6.26	+14.50

FLKR vs. IXC - Sharpe Ratio Comparison

The current FLKR Sharpe Ratio is 3.07, which is higher than the IXC Sharpe Ratio of 1.56. The chart below compares the historical Sharpe Ratios of FLKR and IXC, 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. IXC - Drawdown Comparison

The maximum FLKR drawdown since its inception was -50.06%, smaller than the maximum IXC drawdown of -67.88%. Use the drawdown chart below to compare losses from any high point for FLKR and IXC.

Drawdown Indicators

	FLKR	IXC	Difference
Max Drawdown Largest peak-to-trough decline	-50.06%	-67.88%	+17.82%
Max Drawdown (1Y) Largest decline over 1 year	-23.03%	-15.36%	-7.67%
Max Drawdown (3Y) Largest decline over 3 years	-26.39%	-19.06%	-7.33%
Max Drawdown (5Y) Largest decline over 5 years	-48.14%	-24.93%	-23.21%
Max Drawdown (10Y) Largest decline over 10 years	—	-64.16%	—
Current Drawdown Current decline from peak	-16.53%	-11.22%	-5.31%
Average Drawdown Average peak-to-trough decline	-21.93%	-17.45%	-4.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.32%	4.78%	+2.54%

Volatility

FLKR vs. IXC - Volatility Comparison

Franklin FTSE South Korea ETF (FLKR) has a higher volatility of 24.66% compared to iShares Global Energy ETF (IXC) at 6.59%. This indicates that FLKR's price experiences larger fluctuations and is considered to be riskier than IXC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLKR	IXC	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.66%	6.59%	+18.07%
Volatility (6M) Calculated over the trailing 6-month period	46.71%	15.86%	+30.85%
Volatility (1Y) Calculated over the trailing 1-year period	49.65%	19.18%	+30.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.98%	23.45%	+7.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.12%	26.81%	+2.31%

FLKR vs. IXC - Expense Ratio Comparison

FLKR has a 0.09% expense ratio, which is lower than IXC's 0.40% expense ratio.

Dividends

FLKR vs. IXC - Dividend Comparison

FLKR's dividend yield for the trailing twelve months is around 2.45%, less than IXC's 3.08% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FLKR Franklin FTSE South Korea ETF	2.45%	3.87%	7.08%	2.28%	3.13%	2.12%	0.99%	2.09%	1.86%	1.02%	0.00%	0.00%
IXC iShares Global Energy ETF	3.08%	3.68%	4.56%	3.45%	4.76%	3.98%	4.86%	7.00%	3.51%	3.05%	2.86%	3.77%

Frequently Asked Questions

Can I hold both FLKR and IXC in my portfolio?

FLKR and IXC have a correlation of 0.02, 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 IXC?

FLKR has higher volatility (24.66%) compared to IXC (6.59%). In terms of maximum drawdown, FLKR dropped -50.06% vs IXC's -67.88%.

Which ETF is better, FLKR or IXC?

On 5-year performance, IXC leads with 18.91% vs 17.20% for FLKR. On fees, FLKR is cheaper at 0.09% per year. On volatility, IXC has been the lower-risk option at 6.59%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FLKR or IXC?

Over the 5-year period, IXC has performed better with a 18.91% return vs 17.20%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FLKR or IXC?

FLKR is cheaper with a 0.09% expense ratio, compared with 0.40% for IXC.

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

IXC has the higher dividend yield at 3.08%, compared with 2.45% for FLKR.

What is the main difference between FLKR and IXC?

FLKR is categorized as South Korea Equities, while IXC is Energy Equities. FLKR tracks FTSE South Korea RIC Capped Index, while IXC tracks S&P Global 1200 Energy Capped Index. They also come from different issuers: Franklin Templeton and iShares. Their fees differ too: 0.09% for FLKR and 0.40% for IXC.

Which has better risk-adjusted returns?

FLKR currently has the higher Sharpe Ratio (3.07 vs 1.56), 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.