FLRA.DE vs. ES6Y.DE
FLRA.DE (Franklin Metaverse UCITS ETF USD Capitalisation) and ES6Y.DE (L&G Emerging Cyber Security ESG Exclusions UCITS ETF USD Accumulating) are both Technology Equities funds - FLRA.DE tracks the Solactive Global Metaverse Innovation while ES6Y.DE tracks the Solactive Emerging Cyber Security. Both are passively managed. Over the past 3 years, FLRA.DE returned 26.58%/yr vs 33.66%/yr for ES6Y.DE. A 0.74 correlation means they provide meaningful diversification when combined. FLRA.DE charges 0.30%/yr vs 0.49%/yr for ES6Y.DE.
Performance
FLRA.DE vs. ES6Y.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FLRA.DE achieves a 19.68% return, which is significantly lower than ES6Y.DE's 59.99% return.
FLRA.DE
- 1D
- -1.45%
- 1M
- 14.07%
- YTD
- 19.68%
- 6M
- 14.30%
- 1Y
- 38.01%
- 3Y*
- 26.58%
- 5Y*
- —
- 10Y*
- —
ES6Y.DE
- 1D
- -0.82%
- 1M
- 24.01%
- YTD
- 59.99%
- 6M
- 53.64%
- 1Y
- 57.05%
- 3Y*
- 33.66%
- 5Y*
- —
- 10Y*
- —
FLRA.DE vs. ES6Y.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
FLRA.DE Franklin Metaverse UCITS ETF USD Capitalisation | 19.68% | 5.59% | 27.26% | 71.63% | -21.53% |
ES6Y.DE L&G Emerging Cyber Security ESG Exclusions UCITS ETF USD Accumulating | 59.99% | -9.21% | 34.05% | 51.62% | -18.28% |
Correlation
The correlation between FLRA.DE and ES6Y.DE is 0.68, 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 | 0.68 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.73 |
Correlation (All Time) Calculated using the full available price history since Sep 8, 2022 | 0.74 |
The correlation between FLRA.DE and ES6Y.DE has been stable across timeframes, ranging from 0.68 to 0.74 - a consistent structural relationship.
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
FLRA.DE vs. ES6Y.DE — Risk / Return Rank
FLRA.DE
ES6Y.DE
FLRA.DE vs. ES6Y.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Metaverse UCITS ETF USD Capitalisation (FLRA.DE) and L&G Emerging Cyber Security ESG Exclusions UCITS ETF USD Accumulating (ES6Y.DE). 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.
| FLRA.DE | ES6Y.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.67 | ||
| Sortino ratioReturn per unit of downside risk | -0.78 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.36 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.33 | 3.77 | -2.44 |
| Martin ratioReturn relative to average drawdown | 3.01 | 9.25 | -6.24 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| FLRA.DE | ES6Y.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.51 | 2.18 | -0.67 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.82 | 0.99 | -0.17 |
Drawdowns
FLRA.DE vs. ES6Y.DE - Drawdown Comparison
The maximum FLRA.DE drawdown since its inception was -34.22%, roughly equal to the maximum ES6Y.DE drawdown of -34.72%. Use the drawdown chart below to compare losses from any high point for FLRA.DE and ES6Y.DE.
Loading charts...
Drawdown Indicators
| FLRA.DE | ES6Y.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.22% | -34.72% | +0.50% |
Max Drawdown (1Y)Largest decline over 1 year | -29.17% | -15.05% | -14.12% |
Max Drawdown (3Y)Largest decline over 3 years | -34.22% | -34.72% | +0.50% |
Current DrawdownCurrent decline from peak | -2.92% | -1.36% | -1.56% |
Average DrawdownAverage peak-to-trough decline | -9.83% | -9.52% | -0.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.91% | 6.15% | +6.76% |
Volatility
FLRA.DE vs. ES6Y.DE - Volatility Comparison
The current volatility for Franklin Metaverse UCITS ETF USD Capitalisation (FLRA.DE) is 8.80%, while L&G Emerging Cyber Security ESG Exclusions UCITS ETF USD Accumulating (ES6Y.DE) has a volatility of 10.01%. This indicates that FLRA.DE experiences smaller price fluctuations and is considered to be less risky than ES6Y.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FLRA.DE | ES6Y.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.80% | 10.01% | -1.21% |
Volatility (6M)Calculated over the trailing 6-month period | 18.60% | 20.66% | -2.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.70% | 26.06% | -0.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.73% | 26.64% | +1.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.73% | 26.64% | +1.09% |
FLRA.DE vs. ES6Y.DE - Expense Ratio Comparison
FLRA.DE has a 0.30% expense ratio, which is lower than ES6Y.DE's 0.49% expense ratio.
Dividends
FLRA.DE vs. ES6Y.DE - Dividend Comparison
Neither FLRA.DE nor ES6Y.DE has paid dividends to shareholders.
Frequently Asked Questions
FLRA.DE and ES6Y.DE have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FLRA.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FLRA.DE is cheaper with a 0.30% expense ratio, compared with 0.49% for ES6Y.DE.
FLRA.DE tracks Solactive Global Metaverse Innovation, while ES6Y.DE tracks Solactive Emerging Cyber Security. They also come from different issuers: Franklin Templeton and Legal & General. Their fees differ too: 0.30% for FLRA.DE and 0.49% for ES6Y.DE.
Find the right allocation for FLRA.DE and ES6Y.DE
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