FLKR vs. SNDK

Last updated Jun 14, 2026

FLKR (Franklin FTSE South Korea ETF) is Asia Pacific Equities fund tracking the FTSE South Korea RIC Capped Index, while SNDK (Sandisk Corporation) is a stock. Over the past year, FLKR returned 191.57% vs 4559.06% for SNDK. At a 0.46 correlation, their price movements are largely independent.

Performance

FLKR vs. SNDK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin FTSE South Korea ETF (FLKR) and Sandisk Corporation (SNDK). 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 lower than SNDK's 734.15% return.

FLKR

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

SNDK

• 1D: 5.24%
• 1M: 40.67%
• YTD: 734.15%
• 6M: 860.37%
• 1Y: 4,559.06%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FLKR vs. SNDK - Yearly Performance Comparison

	2026 (YTD)	2025
FLKR Franklin FTSE South Korea ETF	98.10%	70.29%
SNDK Sandisk Corporation	734.15%	356.50%

Correlation

The correlation between FLKR and SNDK is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.49
Correlation (All Time) Calculated using the full available price history since Feb 24, 2025	0.46

Return for Risk

FLKR vs. SNDK — 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

SNDK

SNDK Risk / Return Rank: 100
SNDK Sharpe Ratio Rank: 100
SNDK Sortino Ratio Rank: 99
SNDK Omega Ratio Rank: 99
SNDK Calmar Ratio Rank: 100
SNDK Martin Ratio Rank: 100

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. SNDK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE South Korea ETF (FLKR) and Sandisk Corporation (SNDK). 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	SNDK	Difference
Sharpe ratio: Return per unit of total volatility	4.08	47.94	-43.86
Sortino ratio: Return per unit of downside risk	3.94	8.36	-4.42
Omega ratio: Gain probability vs. loss probability	1.58	2.16	-0.59
Calmar ratio: Return relative to maximum drawdown	8.11	152.17	-144.06
Martin ratio: Return relative to average drawdown	28.21	461.00	-432.79

FLKR vs. SNDK - Sharpe Ratio Comparison

The current FLKR Sharpe Ratio is 4.08, which is lower than the SNDK Sharpe Ratio of 47.94. The chart below compares the historical Sharpe Ratios of FLKR and SNDK, 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. SNDK - Drawdown Comparison

The maximum FLKR drawdown since its inception was -50.06%, which is greater than SNDK's maximum drawdown of -47.50%. Use the drawdown chart below to compare losses from any high point for FLKR and SNDK.

Drawdown Indicators

	FLKR	SNDK	Difference
Max Drawdown Largest peak-to-trough decline	-50.06%	-47.50%	-2.56%
Max Drawdown (1Y) Largest decline over 1 year	-23.03%	-31.34%	+8.31%
Max Drawdown (3Y) Largest decline over 3 years	-26.39%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-49.51%	—	—
Current Drawdown Current decline from peak	-9.25%	0.00%	-9.25%
Average Drawdown Average peak-to-trough decline	-22.03%	-13.74%	-8.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.61%	10.32%	-3.71%

Volatility

FLKR vs. SNDK - Volatility Comparison

Franklin FTSE South Korea ETF (FLKR) and Sandisk Corporation (SNDK) have volatilities of 25.85% and 26.68%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLKR	SNDK	Difference
Volatility (1M) Calculated over the trailing 1-month period	25.85%	26.68%	-0.83%
Volatility (6M) Calculated over the trailing 6-month period	42.11%	71.96%	-29.85%
Volatility (1Y) Calculated over the trailing 1-year period	45.82%	99.48%	-53.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.58%	97.64%	-68.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.37%	97.64%	-69.27%

Dividends

FLKR vs. SNDK - Dividend Comparison

FLKR's dividend yield for the trailing twelve months is around 1.95%, while SNDK has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%
SNDK Sandisk Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FLKR and SNDK in my portfolio?

FLKR and SNDK have a correlation of 0.49, 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 SNDK?

SNDK has higher volatility (26.68%) compared to FLKR (25.85%). In terms of maximum drawdown, FLKR dropped -50.06% vs SNDK's -47.50%.

Which has better risk-adjusted returns?

SNDK currently has the higher Sharpe Ratio (47.94 vs 4.08), 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.