FLRA.DE vs. IEVD.DE
FLRA.DE (Franklin Metaverse UCITS ETF USD Capitalisation) and IEVD.DE (iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc)) are both Technology Equities funds - FLRA.DE tracks the Solactive Global Metaverse Innovation while IEVD.DE tracks the STOXX® Global Electric Vehicles & Driving Technology. Both are passively managed. Over the past 3 years, FLRA.DE returned 26.58%/yr vs 23.68%/yr for IEVD.DE. A 0.73 correlation means they provide meaningful diversification when combined. FLRA.DE charges 0.30%/yr vs 0.40%/yr for IEVD.DE.
Performance
FLRA.DE vs. IEVD.DE - Performance Comparison
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Returns By Period
In the year-to-date period, FLRA.DE achieves a 19.68% return, which is significantly lower than IEVD.DE's 58.66% return.
FLRA.DE
- 1D
- -1.45%
- 1M
- 16.33%
- YTD
- 19.68%
- 6M
- 14.77%
- 1Y
- 38.95%
- 3Y*
- 26.58%
- 5Y*
- —
- 10Y*
- —
IEVD.DE
- 1D
- -1.86%
- 1M
- 20.81%
- YTD
- 58.66%
- 6M
- 58.40%
- 1Y
- 88.90%
- 3Y*
- 23.68%
- 5Y*
- 13.50%
- 10Y*
- —
FLRA.DE vs. IEVD.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% |
IEVD.DE iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc) | 58.66% | 10.81% | 5.27% | 23.03% | -9.79% |
Correlation
The correlation between FLRA.DE and IEVD.DE is 0.69, 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 | 0.69 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Sep 8, 2022 | 0.73 |
The correlation between FLRA.DE and IEVD.DE has been stable across timeframes, ranging from 0.69 to 0.73 - a consistent structural relationship.
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Return for Risk
FLRA.DE vs. IEVD.DE — Risk / Return Rank
FLRA.DE
IEVD.DE
FLRA.DE vs. IEVD.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 iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc) (IEVD.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 | IEVD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.20 | ||
| Sortino ratioReturn per unit of downside risk | -1.54 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.53 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | 1.33 | 4.17 | -2.85 |
| Martin ratioReturn relative to average drawdown | 3.01 | 9.74 | -6.73 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FLRA.DE | IEVD.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.51 | 2.71 | -1.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.55 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.82 | 0.61 | +0.22 |
Drawdowns
FLRA.DE vs. IEVD.DE - Drawdown Comparison
The maximum FLRA.DE drawdown since its inception was -34.22%, smaller than the maximum IEVD.DE drawdown of -42.37%. Use the drawdown chart below to compare losses from any high point for FLRA.DE and IEVD.DE.
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Drawdown Indicators
| FLRA.DE | IEVD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.22% | -42.37% | +8.15% |
Max Drawdown (1Y)Largest decline over 1 year | -29.17% | -21.18% | -7.99% |
Max Drawdown (3Y)Largest decline over 3 years | -34.22% | -30.23% | -3.99% |
Max Drawdown (5Y)Largest decline over 5 years | — | -30.39% | — |
Current DrawdownCurrent decline from peak | -2.92% | -1.86% | -1.06% |
Average DrawdownAverage peak-to-trough decline | -9.83% | -10.27% | +0.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.91% | 9.09% | +3.82% |
Volatility
FLRA.DE vs. IEVD.DE - Volatility Comparison
The current volatility for Franklin Metaverse UCITS ETF USD Capitalisation (FLRA.DE) is 8.80%, while iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc) (IEVD.DE) has a volatility of 11.17%. This indicates that FLRA.DE experiences smaller price fluctuations and is considered to be less risky than IEVD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FLRA.DE | IEVD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.80% | 11.17% | -2.37% |
Volatility (6M)Calculated over the trailing 6-month period | 18.60% | 19.50% | -0.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.70% | 32.58% | -6.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.73% | 24.27% | +3.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.73% | 25.27% | +2.46% |
FLRA.DE vs. IEVD.DE - Expense Ratio Comparison
FLRA.DE has a 0.30% expense ratio, which is lower than IEVD.DE's 0.40% expense ratio.
Dividends
FLRA.DE vs. IEVD.DE - Dividend Comparison
Neither FLRA.DE nor IEVD.DE has paid dividends to shareholders.
Frequently Asked Questions
FLRA.DE and IEVD.DE have a correlation of 0.69, 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 0.40% for IEVD.DE.
FLRA.DE tracks Solactive Global Metaverse Innovation, while IEVD.DE tracks STOXX® Global Electric Vehicles & Driving Technology. They also come from different issuers: Franklin Templeton and iShares. Their fees differ too: 0.30% for FLRA.DE and 0.40% for IEVD.DE.
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