FLKR vs. SOXQ

Last updated Jun 5, 2026

FLKR (Franklin FTSE South Korea ETF) and SOXQ (Invesco PHLX Semiconductor ETF) are both exchange-traded funds - FLKR is a Asia Pacific Equities fund tracking the FTSE South Korea RIC Capped Index, while SOXQ is a Semiconductors fund tracking the PHLX Semiconductor Sector Index. Both are passively managed. Over the past 3 years, FLKR returned 48.97%/yr vs 59.09%/yr for SOXQ. A 0.61 correlation means they provide meaningful diversification when combined. FLKR charges 0.09%/yr vs 0.19%/yr for SOXQ.

Performance

FLKR vs. SOXQ - Performance Comparison

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

Returns By Period

In the year-to-date period, FLKR achieves a 104.96% return, which is significantly higher than SOXQ's 92.48% return.

FLKR

• 1D: -4.41%
• 1M: 16.33%
• YTD: 104.96%
• 6M: 121.64%
• 1Y: 213.10%
• 3Y*: 48.97%
• 5Y*: 18.41%
• 10Y*: —

SOXQ

• 1D: -2.15%
• 1M: 24.08%
• YTD: 92.48%
• 6M: 89.00%
• 1Y: 171.59%
• 3Y*: 59.09%
• 5Y*: —
• 10Y*: —

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

FLKR vs. SOXQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
FLKR Franklin FTSE South Korea ETF	104.96%	91.91%	-18.84%	19.16%	-27.50%	-14.97%
SOXQ Invesco PHLX Semiconductor ETF	92.48%	43.11%	20.16%	66.74%	-35.59%	24.82%

Correlation

The correlation between FLKR and SOXQ is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.65
Correlation (3Y) Calculated over the trailing 3-year period	0.60
Correlation (All Time) Calculated using the full available price history since Jun 14, 2021	0.61

The correlation between FLKR and SOXQ has been stable across timeframes, ranging from 0.60 to 0.65 - a consistent structural relationship.

FLKR vs. SOXQ - Sectors Allocation Comparison

Sectors	FLKR	SOXQ
Technology	64.3%	100.0%
Industrials	12.8%	-
Financial Services	7.6%	0.0%
Consumer Cyclical	6.0%	-
Basic Materials	2.6%	-
Healthcare	2.5%	-
Communication Services	1.6%	-
Consumer Defensive	1.5%	-
Energy	0.4%	-
Utilities	0.3%	-
Real Estate	-	-

Return for Risk

FLKR vs. SOXQ — Risk / Return Rank

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

FLKR

FLKR Risk / Return Rank: 96
FLKR Sharpe Ratio Rank: 98
FLKR Sortino Ratio Rank: 94
FLKR Omega Ratio Rank: 94
FLKR Calmar Ratio Rank: 96
FLKR Martin Ratio Rank: 96

SOXQ

SOXQ Risk / Return Rank: 96
SOXQ Sharpe Ratio Rank: 98
SOXQ Sortino Ratio Rank: 95
SOXQ Omega Ratio Rank: 94
SOXQ Calmar Ratio Rank: 97
SOXQ Martin Ratio Rank: 97

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. SOXQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE South Korea ETF (FLKR) and Invesco PHLX Semiconductor ETF (SOXQ). 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.

	FLKR	SOXQ	Difference
Sharpe ratio: Return per unit of total volatility	5.18	5.11	+0.07
Sortino ratio: Return per unit of downside risk	4.84	5.02	-0.17
Omega ratio: Gain probability vs. loss probability	1.67	1.69	-0.02
Calmar ratio: Return relative to maximum drawdown	9.32	11.08	-1.76
Martin ratio: Return relative to average drawdown	34.49	42.47	-7.98
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FLKR vs. SOXQ - Sharpe Ratio Comparison

The current FLKR Sharpe Ratio is 5.18, which is comparable to the SOXQ Sharpe Ratio of 5.11. The chart below compares the historical Sharpe Ratios of FLKR and SOXQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FLKR	SOXQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	5.18	5.11	+0.07
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.65	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.53	0.96	-0.43

Drawdowns

FLKR vs. SOXQ - Drawdown Comparison

The maximum FLKR drawdown since its inception was -50.06%, which is greater than SOXQ's maximum drawdown of -46.01%. Use the drawdown chart below to compare losses from any high point for FLKR and SOXQ.

Drawdown Indicators

	FLKR	SOXQ	Difference
Max Drawdown Largest peak-to-trough decline	-50.06%	-46.01%	-4.05%
Max Drawdown (1Y) Largest decline over 1 year	-23.03%	-15.59%	-7.44%
Max Drawdown (3Y) Largest decline over 3 years	-26.39%	-39.36%	+12.97%
Max Drawdown (5Y) Largest decline over 5 years	-49.51%	—	—
Current Drawdown Current decline from peak	-6.10%	-2.15%	-3.95%
Average Drawdown Average peak-to-trough decline	-22.06%	-12.95%	-9.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.21%	4.06%	+2.15%

Volatility

FLKR vs. SOXQ - Volatility Comparison

Franklin FTSE South Korea ETF (FLKR) has a higher volatility of 20.38% compared to Invesco PHLX Semiconductor ETF (SOXQ) at 13.55%. This indicates that FLKR's price experiences larger fluctuations and is considered to be riskier than SOXQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLKR	SOXQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.38%	13.55%	+6.83%
Volatility (6M) Calculated over the trailing 6-month period	36.87%	26.81%	+10.06%
Volatility (1Y) Calculated over the trailing 1-year period	41.48%	33.80%	+7.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.25%	36.38%	-8.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.60%	36.38%	-8.78%

FLKR vs. SOXQ - Expense Ratio Comparison

FLKR has a 0.09% expense ratio, which is lower than SOXQ's 0.19% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

FLKR vs. SOXQ - Dividend Comparison

FLKR's dividend yield for the trailing twelve months is around 1.89%, more than SOXQ's 0.26% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FLKR Franklin FTSE South Korea ETF	1.89%	3.87%	7.08%	2.28%	3.13%	2.12%	0.99%	2.09%	1.86%	1.02%
SOXQ Invesco PHLX Semiconductor ETF	0.26%	0.50%	0.68%	0.87%	1.36%	0.72%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FLKR and SOXQ in my portfolio?

FLKR and SOXQ have a correlation of 0.65, 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 SOXQ?

FLKR has higher volatility (20.38%) compared to SOXQ (13.55%). In terms of maximum drawdown, FLKR dropped -50.06% vs SOXQ's -46.01%.

Which ETF is better, FLKR or SOXQ?

On 3-year performance, SOXQ leads with 59.09% vs 48.97% for FLKR. On fees, FLKR is cheaper at 0.09% per year. On volatility, SOXQ has been the lower-risk option at 13.55%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FLKR or SOXQ?

Over the 3-year period, SOXQ has performed better with a 59.09% return vs 48.97%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FLKR or SOXQ?

FLKR is cheaper with a 0.09% expense ratio, compared with 0.19% for SOXQ.

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

FLKR has the higher dividend yield at 1.89%, compared with 0.26% for SOXQ.

What is the main difference between FLKR and SOXQ?

FLKR is categorized as Asia Pacific Equities, while SOXQ is Semiconductors. FLKR tracks FTSE South Korea RIC Capped Index, while SOXQ tracks PHLX Semiconductor Sector Index. They also come from different issuers: Franklin Templeton and Invesco. Their fees differ too: 0.09% for FLKR and 0.19% for SOXQ.

Which has better risk-adjusted returns?

FLKR currently has the higher Sharpe Ratio (5.18 vs 5.11), 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.