FLKR vs. USCI
FLKR (Franklin FTSE South Korea ETF) and USCI (United States Commodity Index Fund) are both exchange-traded funds - FLKR is a South Korea Equities fund tracking the FTSE South Korea RIC Capped Index, while USCI is a Commodities fund tracking the SummerHaven Dynamic Commodity Index Total Return. Both are passively managed. Over the past 5 years, FLKR returned 17.20%/yr vs 19.25%/yr for USCI. At a 0.27 correlation, their price movements are largely independent. FLKR charges 0.09%/yr vs 1.03%/yr for USCI.
Performance
FLKR vs. USCI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FLKR achieves a 88.17% return, which is significantly higher than USCI's 23.68% return.
FLKR
- 1D
- -0.13%
- 1M
- -5.67%
- 6M
- 69.24%
- YTD
- 88.17%
- 1Y
- 153.09%
- 3Y*
- 45.44%
- 5Y*
- 17.20%
- 10Y*
- —
USCI
- 1D
- -0.50%
- 1M
- -0.05%
- 6M
- 22.70%
- YTD
- 23.68%
- 1Y
- 28.10%
- 3Y*
- 20.39%
- 5Y*
- 19.25%
- 10Y*
- 8.41%
FLKR vs. USCI - 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% |
USCI United States Commodity Index Fund | 23.68% | 17.63% | 17.24% | -0.00% | 29.47% | 33.07% | -11.47% | -1.68% | -11.76% | 2.83% |
Correlation
The correlation between FLKR and USCI is 0.05, 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 | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Nov 6, 2017 | 0.27 |
Over the past year, the correlation between FLKR and USCI has dropped to 0.05 - well below their long-term average of 0.27, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FLKR vs. USCI — Risk / Return Rank
FLKR
USCI
FLKR vs. USCI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE South Korea ETF (FLKR) and United States Commodity Index Fund (USCI). 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 | USCI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.30 | ||
| Sortino ratioReturn per unit of downside risk | +0.76 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.30 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 6.61 | 2.67 | +3.94 |
| Martin ratioReturn relative to average drawdown | 20.76 | 8.50 | +12.27 |
Loading charts...
Drawdowns
FLKR vs. USCI - Drawdown Comparison
The maximum FLKR drawdown since its inception was -50.06%, smaller than the maximum USCI drawdown of -66.41%. Use the drawdown chart below to compare losses from any high point for FLKR and USCI.
Loading charts...
Drawdown Indicators
| FLKR | USCI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.06% | -66.41% | +16.35% |
Max Drawdown (1Y)Largest decline over 1 year | -23.03% | -11.19% | -11.84% |
Max Drawdown (3Y)Largest decline over 3 years | -26.39% | -12.01% | -14.38% |
Max Drawdown (5Y)Largest decline over 5 years | -48.14% | -18.84% | -29.30% |
Max Drawdown (10Y)Largest decline over 10 years | — | -45.82% | — |
Current DrawdownCurrent decline from peak | -16.53% | -6.52% | -10.01% |
Average DrawdownAverage peak-to-trough decline | -21.93% | -29.37% | +7.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.32% | 3.51% | +3.81% |
Volatility
FLKR vs. USCI - Volatility Comparison
Franklin FTSE South Korea ETF (FLKR) has a higher volatility of 24.66% compared to United States Commodity Index Fund (USCI) at 4.94%. This indicates that FLKR's price experiences larger fluctuations and is considered to be riskier than USCI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FLKR | USCI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.66% | 4.94% | +19.72% |
Volatility (6M)Calculated over the trailing 6-month period | 46.71% | 14.42% | +32.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.65% | 16.91% | +32.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.98% | 18.40% | +12.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.12% | 15.88% | +13.24% |
FLKR vs. USCI - Expense Ratio Comparison
FLKR has a 0.09% expense ratio, which is lower than USCI's 1.03% expense ratio.
Dividends
FLKR vs. USCI - Dividend Comparison
FLKR's dividend yield for the trailing twelve months is around 2.45%, while USCI has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
USCI United States Commodity Index Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FLKR and USCI have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FLKR has higher volatility (24.66%) compared to USCI (4.94%). In terms of maximum drawdown, FLKR dropped -50.06% vs USCI's -66.41%.
On 5-year performance, USCI leads with 19.25% vs 17.20% for FLKR. On fees, FLKR is cheaper at 0.09% per year. On volatility, USCI has been the lower-risk option at 4.94%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, USCI has performed better with a 19.25% return vs 17.20%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FLKR is cheaper with a 0.09% expense ratio, compared with 1.03% for USCI.
FLKR has the higher dividend yield at 2.45%, compared with 0.00% for USCI.
FLKR is categorized as South Korea Equities, while USCI is Commodities. FLKR tracks FTSE South Korea RIC Capped Index, while USCI tracks SummerHaven Dynamic Commodity Index Total Return. They also come from different issuers: Franklin Templeton and United States Commodity Funds. Their fees differ too: 0.09% for FLKR and 1.03% for USCI.
FLKR currently has the higher Sharpe Ratio (3.07 vs 1.77), 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.
Find the right allocation for FLKR and USCI
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer