FLRG.DE vs. FLXK.DE
FLRG.DE (Franklin Sustainable Euro Green Bond UCITS ETF EUR Acc) and FLXK.DE (Franklin FTSE Korea UCITS ETF) are both exchange-traded funds - FLRG.DE is a Multisector Bonds fund actively managed by Franklin Templeton, while FLXK.DE is a South Korea Equities fund tracking the FTSE Korea 30/18 Capped. FLRG.DE is actively managed, while FLXK.DE is passively managed. Over the past 5 years, FLRG.DE returned -2.24%/yr vs 16.82%/yr for FLXK.DE. At a 0.08 correlation, their price movements are largely independent. FLRG.DE charges 0.25%/yr vs 0.09%/yr for FLXK.DE.
Performance
FLRG.DE vs. FLXK.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FLRG.DE achieves a 0.38% return, which is significantly lower than FLXK.DE's 83.61% return.
FLRG.DE
- 1D
- -0.04%
- 1M
- -0.54%
- 6M
- 0.00%
- YTD
- 0.38%
- 1Y
- 1.31%
- 3Y*
- 3.25%
- 5Y*
- -2.24%
- 10Y*
- —
FLXK.DE
- 1D
- -3.38%
- 1M
- -16.98%
- 6M
- 62.26%
- YTD
- 83.61%
- 1Y
- 149.33%
- 3Y*
- 39.50%
- 5Y*
- 16.82%
- 10Y*
- —
FLRG.DE vs. FLXK.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FLRG.DE Franklin Sustainable Euro Green Bond UCITS ETF EUR Acc | 0.38% | 0.89% | 2.51% | 7.85% | -19.05% | -2.94% | 5.54% | 2.62% |
FLXK.DE Franklin FTSE Korea UCITS ETF | 83.61% | 73.19% | -17.07% | 16.75% | -23.45% | 0.14% | 34.15% | 1.72% |
Correlation
The correlation between FLRG.DE and FLXK.DE is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Jun 4, 2019 | 0.08 |
Over the past year, FLRG.DE and FLXK.DE have become more correlated (0.29) than their long-term average of 0.08, meaning their price movements have been converging.
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
FLRG.DE vs. FLXK.DE — Risk / Return Rank
FLRG.DE
FLXK.DE
FLRG.DE vs. FLXK.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Sustainable Euro Green Bond UCITS ETF EUR Acc (FLRG.DE) and Franklin FTSE Korea UCITS ETF (FLXK.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.
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.
| FLRG.DE | FLXK.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.08 | ||
| Sortino ratioReturn per unit of downside risk | -2.99 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.49 | -0.43 |
| Calmar ratioReturn relative to maximum drawdown | 0.50 | 6.64 | -6.14 |
| Martin ratioReturn relative to average drawdown | 1.38 | 20.57 | -19.19 |
Loading charts...
Drawdowns
FLRG.DE vs. FLXK.DE - Drawdown Comparison
The maximum FLRG.DE drawdown since its inception was -23.21%, smaller than the maximum FLXK.DE drawdown of -39.43%. Use the drawdown chart below to compare losses from any high point for FLRG.DE and FLXK.DE.
Loading charts...
Drawdown Indicators
| FLRG.DE | FLXK.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.21% | -39.43% | +16.22% |
Max Drawdown (1Y)Largest decline over 1 year | -2.60% | -22.34% | +19.74% |
Max Drawdown (3Y)Largest decline over 3 years | -3.41% | -29.99% | +26.58% |
Max Drawdown (5Y)Largest decline over 5 years | -22.67% | -38.31% | +15.64% |
Current DrawdownCurrent decline from peak | -12.26% | -22.34% | +10.08% |
Average DrawdownAverage peak-to-trough decline | -10.45% | -15.80% | +5.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.95% | 7.23% | -6.28% |
Volatility
FLRG.DE vs. FLXK.DE - Volatility Comparison
The current volatility for Franklin Sustainable Euro Green Bond UCITS ETF EUR Acc (FLRG.DE) is 1.00%, while Franklin FTSE Korea UCITS ETF (FLXK.DE) has a volatility of 19.63%. This indicates that FLRG.DE experiences smaller price fluctuations and is considered to be less risky than FLXK.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FLRG.DE | FLXK.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.00% | 19.63% | -18.63% |
Volatility (6M)Calculated over the trailing 6-month period | 3.31% | 39.44% | -36.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.07% | 43.67% | -39.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.44% | 27.25% | -21.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.05% | 28.17% | -23.12% |
FLRG.DE vs. FLXK.DE - Expense Ratio Comparison
FLRG.DE has a 0.25% expense ratio, which is higher than FLXK.DE's 0.09% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
FLRG.DE vs. FLXK.DE - Dividend Comparison
Neither FLRG.DE nor FLXK.DE has paid dividends to shareholders.
Frequently Asked Questions
FLRG.DE and FLXK.DE have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FLXK.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FLXK.DE is cheaper with a 0.09% expense ratio, compared with 0.25% for FLRG.DE.
FLRG.DE is categorized as Multisector Bonds, while FLXK.DE is South Korea Equities. Their fees differ too: 0.25% for FLRG.DE and 0.09% for FLXK.DE.
Find the right allocation for FLRG.DE and FLXK.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