FLRK.L vs. XIEE.DE
FLRK.L (Franklin FTSE Korea UCITS ETF) and XIEE.DE (Xtrackers MSCI Europe UCITS ETF) are both exchange-traded funds - FLRK.L is a Asia Pacific Equities fund tracking the MSCI Korea NR USD, while XIEE.DE is a Europe Equities fund tracking the MSCI Europe. Both are passively managed. Over the past 5 years, FLRK.L returned 20.31%/yr vs 10.17%/yr for XIEE.DE. At a 0.49 correlation, their price movements are largely independent. FLRK.L charges 0.09%/yr vs 0.12%/yr for XIEE.DE.
Performance
FLRK.L vs. XIEE.DE - Performance Comparison
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Different Trading Currencies
FLRK.L is traded in GBP, while XIEE.DE is traded in EUR. To make them comparable, the XIEE.DE values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, FLRK.L achieves a 107.37% return, which is significantly higher than XIEE.DE's 8.13% return.
FLRK.L
- 1D
- 5.54%
- 1M
- 7.44%
- YTD
- 107.37%
- 6M
- 123.01%
- 1Y
- 211.65%
- 3Y*
- 44.36%
- 5Y*
- 20.31%
- 10Y*
- —
XIEE.DE
- 1D
- 1.82%
- 1M
- 4.58%
- YTD
- 8.13%
- 6M
- 9.15%
- 1Y
- 19.90%
- 3Y*
- 14.32%
- 5Y*
- 10.17%
- 10Y*
- 10.94%
FLRK.L vs. XIEE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FLRK.L Franklin FTSE Korea UCITS ETF | 107.37% | 82.12% | -20.55% | 14.15% | -19.37% | -5.90% | 42.60% | -14.15% |
XIEE.DE Xtrackers MSCI Europe UCITS ETF | 8.13% | 26.59% | 3.37% | 13.41% | -4.17% | 16.14% | 2.33% | 9.19% |
Correlation
The correlation between FLRK.L and XIEE.DE is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Jun 4, 2019 | 0.49 |
The correlation between FLRK.L and XIEE.DE shifts across timeframes, from 0.37 (1 year) to 0.49 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
FLRK.L vs. XIEE.DE — Risk / Return Rank
FLRK.L
XIEE.DE
FLRK.L vs. XIEE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Korea UCITS ETF (FLRK.L) and Xtrackers MSCI Europe UCITS ETF (XIEE.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.
| FLRK.L | XIEE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.95 | ||
| Sortino ratioReturn per unit of downside risk | +2.95 | ||
| Omega ratioGain probability vs. loss probability | 1.75 | 1.28 | +0.48 |
| Calmar ratioReturn relative to maximum drawdown | 9.93 | 1.82 | +8.11 |
| Martin ratioReturn relative to average drawdown | 33.67 | 7.04 | +26.63 |
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Drawdowns
FLRK.L vs. XIEE.DE - Drawdown Comparison
The maximum FLRK.L drawdown since its inception was -41.58%, which is greater than XIEE.DE's maximum drawdown of -28.00%. Use the drawdown chart below to compare losses from any high point for FLRK.L and XIEE.DE.
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Drawdown Indicators
| FLRK.L | XIEE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.58% | -28.00% | -13.58% |
Max Drawdown (1Y)Largest decline over 1 year | -21.18% | -10.87% | -10.31% |
Max Drawdown (3Y)Largest decline over 3 years | -36.37% | -13.81% | -22.56% |
Max Drawdown (5Y)Largest decline over 5 years | -38.69% | -15.92% | -22.77% |
Max Drawdown (10Y)Largest decline over 10 years | — | -28.00% | — |
Current DrawdownCurrent decline from peak | -7.31% | 0.00% | -7.31% |
Average DrawdownAverage peak-to-trough decline | -19.90% | -5.73% | -14.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.26% | 2.82% | +3.44% |
Volatility
FLRK.L vs. XIEE.DE - Volatility Comparison
Franklin FTSE Korea UCITS ETF (FLRK.L) has a higher volatility of 17.51% compared to Xtrackers MSCI Europe UCITS ETF (XIEE.DE) at 3.82%. This indicates that FLRK.L's price experiences larger fluctuations and is considered to be riskier than XIEE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FLRK.L | XIEE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.51% | 3.82% | +13.69% |
Volatility (6M)Calculated over the trailing 6-month period | 34.78% | 11.68% | +23.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.80% | 13.47% | +25.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.53% | 14.20% | +15.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.14% | 17.38% | +12.76% |
FLRK.L vs. XIEE.DE - Expense Ratio Comparison
FLRK.L has a 0.09% expense ratio, which is lower than XIEE.DE's 0.12% 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%.
Dividends
FLRK.L vs. XIEE.DE - Dividend Comparison
FLRK.L has not paid dividends to shareholders, while XIEE.DE's dividend yield for the trailing twelve months is around 2.39%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
FLRK.L Franklin FTSE Korea UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XIEE.DE Xtrackers MSCI Europe UCITS ETF | 2.39% | 2.49% | 3.26% | 2.85% | 5.70% | 1.50% | 3.74% | 0.30% | 3.19% | 0.92% | 0.09% |
Frequently Asked Questions
FLRK.L and XIEE.DE have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FLRK.L is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FLRK.L is cheaper with a 0.09% expense ratio, compared with 0.12% for XIEE.DE.
FLRK.L is categorized as Asia Pacific Equities, while XIEE.DE is Europe Equities. FLRK.L tracks MSCI Korea NR USD, while XIEE.DE tracks MSCI Europe. They also come from different issuers: Franklin Templeton and Xtrackers. Their fees differ too: 0.09% for FLRK.L and 0.12% for XIEE.DE.
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