FLXB.DE vs. FLRG.DE
FLXB.DE (Franklin FTSE Brazil UCITS ETF) and FLRG.DE (Franklin Sustainable Euro Green Bond UCITS ETF EUR Acc) are both exchange-traded funds - FLXB.DE is a Latin America Equities fund tracking the FTSE Brazil 30/18 Capped, while FLRG.DE is a Multisector Bonds fund actively managed by Franklin Templeton. FLXB.DE is passively managed, while FLRG.DE is actively managed. Over the past 5 years, FLXB.DE returned 7.29%/yr vs -2.25%/yr for FLRG.DE. At a 0.06 correlation, their price movements are largely independent. FLXB.DE charges 0.19%/yr vs 0.25%/yr for FLRG.DE.
Performance
FLXB.DE vs. FLRG.DE - Performance Comparison
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Returns By Period
In the year-to-date period, FLXB.DE achieves a 19.65% return, which is significantly higher than FLRG.DE's 0.29% return.
FLXB.DE
- 1D
- -0.62%
- 1M
- 2.56%
- 6M
- 12.89%
- YTD
- 19.65%
- 1Y
- 38.96%
- 3Y*
- 10.60%
- 5Y*
- 7.29%
- 10Y*
- —
FLRG.DE
- 1D
- 0.08%
- 1M
- -0.75%
- 6M
- -0.00%
- YTD
- 0.29%
- 1Y
- 1.05%
- 3Y*
- 3.00%
- 5Y*
- -2.25%
- 10Y*
- —
FLXB.DE vs. FLRG.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FLXB.DE Franklin FTSE Brazil UCITS ETF | 19.65% | 29.00% | -23.71% | 28.92% | 18.81% | -11.32% | -26.36% | 0.74% |
FLRG.DE Franklin Sustainable Euro Green Bond UCITS ETF EUR Acc | 0.29% | 0.89% | 2.51% | 7.85% | -19.05% | -2.94% | 5.54% | 2.62% |
Correlation
The correlation between FLXB.DE and FLRG.DE is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
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 | 0.06 |
Over the past year, FLXB.DE and FLRG.DE have become more correlated (0.28) than their long-term average of 0.06, meaning their price movements have been converging.
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Return for Risk
FLXB.DE vs. FLRG.DE — Risk / Return Rank
FLXB.DE
FLRG.DE
FLXB.DE vs. FLRG.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Brazil UCITS ETF (FLXB.DE) and Franklin Sustainable Euro Green Bond UCITS ETF EUR Acc (FLRG.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.
| FLXB.DE | FLRG.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.40 | ||
| Sortino ratioReturn per unit of downside risk | +1.85 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.05 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 2.44 | 0.40 | +2.04 |
| Martin ratioReturn relative to average drawdown | 6.35 | 1.10 | +5.25 |
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Drawdowns
FLXB.DE vs. FLRG.DE - Drawdown Comparison
The maximum FLXB.DE drawdown since its inception was -54.93%, which is greater than FLRG.DE's maximum drawdown of -23.21%. Use the drawdown chart below to compare losses from any high point for FLXB.DE and FLRG.DE.
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Drawdown Indicators
| FLXB.DE | FLRG.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.93% | -23.21% | -31.72% |
Max Drawdown (1Y)Largest decline over 1 year | -15.88% | -2.60% | -13.28% |
Max Drawdown (3Y)Largest decline over 3 years | -25.86% | -3.41% | -22.45% |
Max Drawdown (5Y)Largest decline over 5 years | -26.72% | -22.67% | -4.05% |
Current DrawdownCurrent decline from peak | -11.11% | -12.34% | +1.23% |
Average DrawdownAverage peak-to-trough decline | -18.44% | -10.46% | -7.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.12% | 0.95% | +5.17% |
Volatility
FLXB.DE vs. FLRG.DE - Volatility Comparison
Franklin FTSE Brazil UCITS ETF (FLXB.DE) has a higher volatility of 4.60% compared to Franklin Sustainable Euro Green Bond UCITS ETF EUR Acc (FLRG.DE) at 1.01%. This indicates that FLXB.DE's price experiences larger fluctuations and is considered to be riskier than FLRG.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FLXB.DE | FLRG.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.60% | 1.01% | +3.59% |
Volatility (6M)Calculated over the trailing 6-month period | 17.66% | 3.24% | +14.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.48% | 4.07% | +19.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.96% | 5.44% | +20.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.29% | 5.05% | +26.24% |
FLXB.DE vs. FLRG.DE - Expense Ratio Comparison
FLXB.DE has a 0.19% expense ratio, which is lower than FLRG.DE's 0.25% 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
FLXB.DE vs. FLRG.DE - Dividend Comparison
Neither FLXB.DE nor FLRG.DE has paid dividends to shareholders.
Frequently Asked Questions
FLXB.DE and FLRG.DE have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FLXB.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FLXB.DE is cheaper with a 0.19% expense ratio, compared with 0.25% for FLRG.DE.
FLXB.DE is categorized as Latin America Equities, while FLRG.DE is Multisector Bonds. Their fees differ too: 0.19% for FLXB.DE and 0.25% for FLRG.DE.
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