FLRA.DE vs. FLXC.DE

Last updated Jun 5, 2026

FLRA.DE (Franklin Metaverse UCITS ETF USD Capitalisation) and FLXC.DE (Franklin FTSE China UCITS ETF) are both exchange-traded funds - FLRA.DE is a Technology Equities fund tracking the Solactive Global Metaverse Innovation, while FLXC.DE is a China Equities fund tracking the FTSE China 30/18 Capped. Both are passively managed. Over the past 3 years, FLRA.DE returned 26.58%/yr vs 7.94%/yr for FLXC.DE. At a 0.36 correlation, their price movements are largely independent. FLRA.DE charges 0.30%/yr vs 0.19%/yr for FLXC.DE.

Performance

FLRA.DE vs. FLXC.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Franklin Metaverse UCITS ETF USD Capitalisation (FLRA.DE) and Franklin FTSE China UCITS ETF (FLXC.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FLRA.DE achieves a 19.68% return, which is significantly higher than FLXC.DE's -5.94% return.

FLRA.DE

• 1D: -1.45%
• 1M: 14.07%
• YTD: 19.68%
• 6M: 14.30%
• 1Y: 38.01%
• 3Y*: 26.58%
• 5Y*: —
• 10Y*: —

FLXC.DE

• 1D: -0.40%
• 1M: -3.82%
• YTD: -5.94%
• 6M: -8.20%
• 1Y: 4.53%
• 3Y*: 7.94%
• 5Y*: -3.95%
• 10Y*: —

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

FLRA.DE vs. FLXC.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%
FLXC.DE Franklin FTSE China UCITS ETF	-5.94%	17.34%	27.28%	-15.77%	-5.12%

Correlation

The correlation between FLRA.DE and FLXC.DE is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.45
Correlation (3Y) Calculated over the trailing 3-year period	0.36
Correlation (All Time) Calculated using the full available price history since Sep 8, 2022	0.36

Return for Risk

FLRA.DE vs. FLXC.DE — Risk / Return Rank

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

FLRA.DE

FLRA.DE Risk / Return Rank: 36
FLRA.DE Sharpe Ratio Rank: 44
FLRA.DE Sortino Ratio Rank: 42
FLRA.DE Omega Ratio Rank: 41
FLRA.DE Calmar Ratio Rank: 28
FLRA.DE Martin Ratio Rank: 24

FLXC.DE

FLXC.DE Risk / Return Rank: 13
FLXC.DE Sharpe Ratio Rank: 13
FLXC.DE Sortino Ratio Rank: 13
FLXC.DE Omega Ratio Rank: 13
FLXC.DE Calmar Ratio Rank: 13
FLXC.DE Martin Ratio Rank: 12

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.

FLRA.DE vs. FLXC.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 Franklin FTSE China UCITS ETF (FLXC.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	FLXC.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.51	0.27	+1.24
Sortino ratio: Return per unit of downside risk	2.08	0.50	+1.58
Omega ratio: Gain probability vs. loss probability	1.26	1.06	+0.20
Calmar ratio: Return relative to maximum drawdown	1.33	0.31	+1.02
Martin ratio: Return relative to average drawdown	3.01	0.64	+2.37
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FLRA.DE vs. FLXC.DE - Sharpe Ratio Comparison

The current FLRA.DE Sharpe Ratio is 1.51, which is higher than the FLXC.DE Sharpe Ratio of 0.27. The chart below compares the historical Sharpe Ratios of FLRA.DE and FLXC.DE, 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

	FLRA.DE	FLXC.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.51	0.27	+1.24
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.15	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.82	0.09	+0.73

Drawdowns

FLRA.DE vs. FLXC.DE - Drawdown Comparison

The maximum FLRA.DE drawdown since its inception was -34.22%, smaller than the maximum FLXC.DE drawdown of -55.61%. Use the drawdown chart below to compare losses from any high point for FLRA.DE and FLXC.DE.

Drawdown Indicators

	FLRA.DE	FLXC.DE	Difference
Max Drawdown Largest peak-to-trough decline	-34.22%	-55.61%	+21.39%
Max Drawdown (1Y) Largest decline over 1 year	-29.17%	-15.19%	-13.98%
Max Drawdown (3Y) Largest decline over 3 years	-34.22%	-24.70%	-9.52%
Max Drawdown (5Y) Largest decline over 5 years	—	-49.07%	—
Current Drawdown Current decline from peak	-2.92%	-30.89%	+27.97%
Average Drawdown Average peak-to-trough decline	-9.83%	-27.95%	+18.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.91%	7.38%	+5.53%

Volatility

FLRA.DE vs. FLXC.DE - Volatility Comparison

Franklin Metaverse UCITS ETF USD Capitalisation (FLRA.DE) has a higher volatility of 8.80% compared to Franklin FTSE China UCITS ETF (FLXC.DE) at 6.78%. This indicates that FLRA.DE's price experiences larger fluctuations and is considered to be riskier than FLXC.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLRA.DE	FLXC.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.80%	6.78%	+2.02%
Volatility (6M) Calculated over the trailing 6-month period	18.60%	12.35%	+6.25%
Volatility (1Y) Calculated over the trailing 1-year period	25.70%	17.78%	+7.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.73%	26.71%	+1.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.73%	26.20%	+1.53%

FLRA.DE vs. FLXC.DE - Expense Ratio Comparison

FLRA.DE has a 0.30% expense ratio, which is higher than FLXC.DE's 0.19% expense ratio.

Dividends

FLRA.DE vs. FLXC.DE - Dividend Comparison

Neither FLRA.DE nor FLXC.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both FLRA.DE and FLXC.DE in my portfolio?

FLRA.DE and FLXC.DE have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FLRA.DE or FLXC.DE?

On fees, FLXC.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FLRA.DE or FLXC.DE?

FLXC.DE is cheaper with a 0.19% expense ratio, compared with 0.30% for FLRA.DE.

What is the main difference between FLRA.DE and FLXC.DE?

FLRA.DE is categorized as Technology Equities, while FLXC.DE is China Equities. FLRA.DE tracks Solactive Global Metaverse Innovation, while FLXC.DE tracks FTSE China 30/18 Capped. Their fees differ too: 0.30% for FLRA.DE and 0.19% for FLXC.DE.