FLKR vs. NOG
FLKR (Franklin FTSE South Korea ETF) is South Korea Equities fund tracking the FTSE South Korea RIC Capped Index, while NOG (Northern Oil and Gas, Inc.) is a stock. Over the past 5 years, FLKR returned 14.07%/yr vs 9.05%/yr for NOG. Their 0.24 correlation means their historical movements had little consistent relationship.
Performance
FLKR vs. NOG - Performance Comparison
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Returns By Period
In the year-to-date period, FLKR achieves a 61.37% return, which is significantly higher than NOG's 2.37% return.
FLKR
- 1D
- -2.28%
- 1M
- -15.74%
- 6M
- 29.07%
- YTD
- 61.37%
- 1Y
- 117.49%
- 3Y*
- 35.68%
- 5Y*
- 14.07%
- 10Y*
- —
- ALL TIME*
- 11.21%
NOG
- 1D
- 1.49%
- 1M
- 20.44%
- 6M
- -12.08%
- YTD
- 2.37%
- 1Y
- -18.99%
- 3Y*
- -13.95%
- 5Y*
- 9.05%
- 10Y*
- -2.51%
- ALL TIME*
- -2.08%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $43.49M | $47.84M | $51.57M | |
| $54.84M | $61.54M | $65.18M |
FLKR vs. NOG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FLKR Franklin FTSE South Korea ETF | 61.37% | 91.91% | -18.84% | 19.16% | -27.50% | -7.54% | 42.64% | 8.88% | -21.30% | 3.00% |
NOG Northern Oil and Gas, Inc. | 2.37% | -38.20% | 4.84% | 25.54% | 54.51% | 136.72% | -62.56% | 3.54% | 10.24% | 102.97% |
Correlation
The correlation between FLKR and NOG is 0.01, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.01 |
Correlation (3Y) Balances recent behavior with more history. | 0.08 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.19 |
Correlation (All Time) Calculated using the full available price history since Nov 6, 2017 | 0.24 |
Over the past year, the correlation between FLKR and NOG has dropped to 0.01 - well below their long-term average of 0.24, suggesting their price drivers have been diverging.
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Return for Risk
FLKR vs. NOG — Risk / Return Rank
FLKR
NOG
FLKR vs. NOG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE South Korea ETF (FLKR) and Northern Oil and Gas, Inc. (NOG). 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 | NOG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.62 | ||
| Sortino ratioReturn per unit of downside risk | +2.87 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 0.96 | +0.39 |
| Calmar ratioReturn relative to maximum drawdown | 3.46 | -0.46 | +3.92 |
| Martin ratioReturn relative to average drawdown | 12.27 | -1.03 | +13.30 |
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Drawdowns
FLKR vs. NOG - Drawdown Comparison
The maximum FLKR drawdown since its inception was -50.06%, smaller than the maximum NOG drawdown of -98.96%. Use the drawdown chart below to compare losses from any high point for FLKR and NOG.
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Drawdown Indicators
| FLKR | NOG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.06% | -98.96% | +48.90% |
Max Drawdown (1Y)Largest decline over 1 year | -34.17% | -41.43% | +7.26% |
Max Drawdown (3Y)Largest decline over 3 years | -34.17% | -55.08% | +20.91% |
Max Drawdown (5Y)Largest decline over 5 years | -47.97% | -55.08% | +7.11% |
Max Drawdown (10Y)Largest decline over 10 years | — | -92.15% | — |
Current DrawdownCurrent decline from peak | -28.42% | -91.84% | +63.42% |
Average DrawdownAverage peak-to-trough decline | -21.96% | -69.89% | +47.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.61% | 19.41% | -9.80% |
Volatility
FLKR vs. NOG - Volatility Comparison
Franklin FTSE South Korea ETF (FLKR) has a higher volatility of 21.39% compared to Northern Oil and Gas, Inc. (NOG) at 16.52%. This indicates that FLKR's price experiences larger fluctuations and is considered to be riskier than NOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FLKR | NOG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.39% | 16.52% | +4.87% |
Volatility (6M)Calculated over the trailing 6-month period | 50.33% | 33.58% | +16.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 53.42% | 46.31% | +7.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.16% | 49.16% | -17.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.79% | 70.52% | -40.73% |
Dividends
FLKR vs. NOG - Dividend Comparison
FLKR's dividend yield for the trailing twelve months is around 2.86%, less than NOG's 8.51% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
FLKR Franklin FTSE South Korea ETF | 2.86% | 3.87% | 7.08% | 2.28% | 3.13% | 2.12% | 0.99% | 2.09% | 1.86% | 1.02% |
NOG Northern Oil and Gas, Inc. | 8.51% | 8.38% | 4.41% | 4.02% | 2.86% | 0.75% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FLKR and NOG have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FLKR has higher volatility (21.39%) compared to NOG (16.52%). In terms of maximum drawdown, FLKR dropped -50.06% vs NOG's -98.96%.
FLKR currently has the higher Sharpe Ratio (2.21 vs -0.41), 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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