FLXB.L vs. FLXI.L
FLXB.L (Franklin FTSE Brazil UCITS ETF USD (Acc)) and FLXI.L (Franklin FTSE India UCITS ETF USD (Acc)) are both exchange-traded funds - FLXB.L is a Brazil Equities fund tracking the FTSE Brazil 30/18 Capped Index (Net Return), while FLXI.L is a India Equities fund tracking the FTSE India 30/18 Capped Index - Net Return. Both are passively managed. Over the past 5 years, FLXB.L returned 6.64%/yr vs 5.02%/yr for FLXI.L. At a 0.36 correlation, their price movements are largely independent. Both charge a 0.19% expense ratio.
Performance
FLXB.L vs. FLXI.L - Performance Comparison
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Returns By Period
In the year-to-date period, FLXB.L achieves a 16.28% return, which is significantly higher than FLXI.L's -8.81% return.
FLXB.L
- 1D
- -0.63%
- 1M
- 2.41%
- 6M
- 11.09%
- YTD
- 16.28%
- 1Y
- 38.51%
- 3Y*
- 11.83%
- 5Y*
- 6.64%
- 10Y*
- —
FLXI.L
- 1D
- 0.12%
- 1M
- -0.58%
- 6M
- -7.62%
- YTD
- -8.81%
- 1Y
- -10.28%
- 3Y*
- 5.25%
- 5Y*
- 5.02%
- 10Y*
- —
FLXB.L vs. FLXI.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FLXB.L Franklin FTSE Brazil UCITS ETF USD (Acc) | 16.28% | 45.49% | -27.92% | 33.43% | 10.93% | -16.59% | -19.42% | 5.63% |
FLXI.L Franklin FTSE India UCITS ETF USD (Acc) | -8.81% | 2.92% | 10.75% | 22.03% | -8.29% | 24.89% | 13.06% | -0.07% |
Correlation
The correlation between FLXB.L and FLXI.L is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Jun 25, 2019 | 0.36 |
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Return for Risk
FLXB.L vs. FLXI.L — Risk / Return Rank
FLXB.L
FLXI.L
FLXB.L vs. FLXI.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Brazil UCITS ETF USD (Acc) (FLXB.L) and Franklin FTSE India UCITS ETF USD (Acc) (FLXI.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.
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.L | FLXI.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.25 | ||
| Sortino ratioReturn per unit of downside risk | +3.10 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 0.90 | +0.37 |
| Calmar ratioReturn relative to maximum drawdown | 2.16 | -0.57 | +2.72 |
| Martin ratioReturn relative to average drawdown | 5.57 | -1.31 | +6.88 |
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Drawdowns
FLXB.L vs. FLXI.L - Drawdown Comparison
The maximum FLXB.L drawdown since its inception was -56.54%, which is greater than FLXI.L's maximum drawdown of -41.86%. Use the drawdown chart below to compare losses from any high point for FLXB.L and FLXI.L.
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Drawdown Indicators
| FLXB.L | FLXI.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.54% | -41.86% | -14.68% |
Max Drawdown (1Y)Largest decline over 1 year | -17.78% | -18.12% | +0.34% |
Max Drawdown (3Y)Largest decline over 3 years | -28.79% | -22.99% | -5.80% |
Max Drawdown (5Y)Largest decline over 5 years | -32.17% | -22.99% | -9.18% |
Current DrawdownCurrent decline from peak | -13.20% | -16.25% | +3.05% |
Average DrawdownAverage peak-to-trough decline | -18.96% | -8.26% | -10.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.90% | 7.82% | -0.92% |
Volatility
FLXB.L vs. FLXI.L - Volatility Comparison
Franklin FTSE Brazil UCITS ETF USD (Acc) (FLXB.L) has a higher volatility of 6.45% compared to Franklin FTSE India UCITS ETF USD (Acc) (FLXI.L) at 3.99%. This indicates that FLXB.L's price experiences larger fluctuations and is considered to be riskier than FLXI.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FLXB.L | FLXI.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.45% | 3.99% | +2.46% |
Volatility (6M)Calculated over the trailing 6-month period | 18.28% | 14.02% | +4.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.84% | 16.04% | +7.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.19% | 16.72% | +10.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.03% | 21.38% | +10.65% |
FLXB.L vs. FLXI.L - Expense Ratio Comparison
Both FLXB.L and FLXI.L have an expense ratio of 0.19%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
FLXB.L vs. FLXI.L - Dividend Comparison
Neither FLXB.L nor FLXI.L has paid dividends to shareholders.
Frequently Asked Questions
FLXB.L and FLXI.L have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.19% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
FLXB.L and FLXI.L have the same expense ratio: 0.19% per year.
FLXB.L is categorized as Brazil Equities, while FLXI.L is India Equities. FLXB.L tracks FTSE Brazil 30/18 Capped Index (Net Return), while FLXI.L tracks FTSE India 30/18 Capped Index - Net Return.
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