FLRK.L vs. FRCH.L

Last updated Apr 2, 2026

Compare and contrast key facts about Franklin FTSE Korea UCITS ETF (FLRK.L) and Franklin FTSE China UCITS ETF (FRCH.L).

FLRK.L and FRCH.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLRK.L is a passively managed fund by Franklin Templeton that tracks the performance of the MSCI Korea NR USD. It was launched on Jun 4, 2019. FRCH.L is a passively managed fund by Franklin Templeton that tracks the performance of the MSCI China NR USD. It was launched on Jun 4, 2019. Both FLRK.L and FRCH.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

FLRK.L vs. FRCH.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Franklin FTSE Korea UCITS ETF (FLRK.L) and Franklin FTSE China UCITS ETF (FRCH.L). The values are adjusted to include any dividend payments, if applicable.

FLRK.L vs. FRCH.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
FLRK.L Franklin FTSE Korea UCITS ETF	33.25%	82.09%	-20.56%	14.16%	-19.37%	-5.90%	42.60%	-14.15%
FRCH.L Franklin FTSE China UCITS ETF	-4.52%	23.22%	21.12%	-17.46%	-13.83%	-19.34%	26.80%	-10.87%

Returns By Period

In the year-to-date period, FLRK.L achieves a 33.25% return, which is significantly higher than FRCH.L's -4.52% return.

FLRK.L

• 1D: 9.23%
• 1M: -10.91%
• YTD: 33.25%
• 6M: 64.38%
• 1Y: 132.77%
• 3Y*: 28.16%
• 5Y*: 10.26%
• 10Y*: —

FRCH.L

• 1D: 0.72%
• 1M: -3.46%
• YTD: -4.52%
• 6M: -11.49%
• 1Y: 4.35%
• 3Y*: 4.94%
• 5Y*: -4.09%
• 10Y*: —

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

FLRK.L vs. FRCH.L - Expense Ratio Comparison

FLRK.L has a 0.09% expense ratio, which is lower than FRCH.L's 0.19% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

FRCH.L

Franklin FTSE China UCITS ETF

FLRK.L

Franklin FTSE Korea UCITS ETF

Return for Risk

FLRK.L vs. FRCH.L — Risk / Return Rank

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

FLRK.L

FLRK.L Risk / Return Rank: 98
FLRK.L Sharpe Ratio Rank: 99
FLRK.L Sortino Ratio Rank: 98
FLRK.L Omega Ratio Rank: 97
FLRK.L Calmar Ratio Rank: 98
FLRK.L Martin Ratio Rank: 98

FRCH.L

FRCH.L Risk / Return Rank: 17
FRCH.L Sharpe Ratio Rank: 17
FRCH.L Sortino Ratio Rank: 16
FRCH.L Omega Ratio Rank: 16
FRCH.L Calmar Ratio Rank: 19
FRCH.L Martin Ratio Rank: 18

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.

FLRK.L vs. FRCH.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Korea UCITS ETF (FLRK.L) and Franklin FTSE China UCITS ETF (FRCH.L). 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.

	FLRK.L	FRCH.L	Difference
Sharpe ratio Return per unit of total volatility	4.25	0.22	+4.03
Sortino ratio Return per unit of downside risk	4.56	0.42	+4.14
Omega ratio Gain probability vs. loss probability	1.65	1.05	+0.60
Calmar ratio Return relative to maximum drawdown	6.31	0.38	+5.93
Martin ratio Return relative to average drawdown	24.10	0.95	+23.16
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FLRK.L vs. FRCH.L - Sharpe Ratio Comparison

The current FLRK.L Sharpe Ratio is 4.25, which is higher than the FRCH.L Sharpe Ratio of 0.22. The chart below compares the historical Sharpe Ratios of FLRK.L and FRCH.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FLRK.L	FRCH.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.25	0.22	+4.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.44	-0.13	+0.57
Sharpe Ratio (All Time) Calculated using the full available price history	0.42	-0.04	+0.46

Correlation

The correlation between FLRK.L and FRCH.L is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

FLRK.L vs. FRCH.L - Dividend Comparison

Neither FLRK.L nor FRCH.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

FLRK.L vs. FRCH.L - Drawdown Comparison

The maximum FLRK.L drawdown since its inception was -41.57%, smaller than the maximum FRCH.L drawdown of -56.27%. Use the drawdown chart below to compare losses from any high point for FLRK.L and FRCH.L.

Drawdown Indicators

	FLRK.L	FRCH.L	Difference
Max Drawdown Largest peak-to-trough decline	-41.57%	-56.27%	+14.70%
Max Drawdown (1Y) Largest decline over 1 year	-21.18%	-14.86%	-6.32%
Max Drawdown (5Y) Largest decline over 5 years	-38.88%	-49.50%	+10.62%
Current Drawdown Current decline from peak	-13.91%	-30.18%	+16.27%
Average Drawdown Average peak-to-trough decline	-20.35%	-29.71%	+9.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.55%	5.92%	-0.37%

Volatility

FLRK.L vs. FRCH.L - Volatility Comparison

Franklin FTSE Korea UCITS ETF (FLRK.L) has a higher volatility of 16.59% compared to Franklin FTSE China UCITS ETF (FRCH.L) at 5.81%. This indicates that FLRK.L's price experiences larger fluctuations and is considered to be riskier than FRCH.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLRK.L	FRCH.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.59%	5.81%	+10.78%
Volatility (6M) Calculated over the trailing 6-month period	27.15%	12.74%	+14.41%
Volatility (1Y) Calculated over the trailing 1-year period	31.15%	19.86%	+11.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.21%	32.61%	-9.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.13%	31.39%	-5.26%