FLXC.DE vs. 9W1.DE

Last updated Jun 5, 2026

FLXC.DE (Franklin FTSE China UCITS ETF) and 9W1.DE (BNP Paribas Easy MSCI China Select SRI S-Series 10% Capped UCITS ETF EUR Acc) are both China Equities funds - FLXC.DE tracks the FTSE China 30/18 Capped while 9W1.DE tracks the MSCI China Select SRI S-Series 10% Capped. Both are passively managed. Over the past 3 years, FLXC.DE returned 7.94%/yr vs 4.84%/yr for 9W1.DE. With a 0.97 correlation, they move nearly in lockstep. FLXC.DE charges 0.19%/yr vs 0.31%/yr for 9W1.DE.

Performance

FLXC.DE vs. 9W1.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Franklin FTSE China UCITS ETF (FLXC.DE) and BNP Paribas Easy MSCI China Select SRI S-Series 10% Capped UCITS ETF EUR Acc (9W1.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FLXC.DE achieves a -5.94% return, which is significantly higher than 9W1.DE's -6.89% return.

FLXC.DE

• 1D: -0.40%
• 1M: -2.37%
• YTD: -5.94%
• 6M: -7.13%
• 1Y: 4.76%
• 3Y*: 7.94%
• 5Y*: -3.95%
• 10Y*: —

9W1.DE

• 1D: -0.47%
• 1M: -2.24%
• YTD: -6.89%
• 6M: -8.49%
• 1Y: 2.30%
• 3Y*: 4.84%
• 5Y*: —
• 10Y*: —

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

FLXC.DE vs. 9W1.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
FLXC.DE Franklin FTSE China UCITS ETF	-5.94%	17.34%	27.28%	-15.77%	-15.90%	-2.45%
9W1.DE BNP Paribas Easy MSCI China Select SRI S-Series 10% Capped UCITS ETF EUR Acc	-6.89%	16.44%	21.98%	-17.19%	-22.95%	1.33%

Correlation

The correlation between FLXC.DE and 9W1.DE is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.97
Correlation (3Y) Calculated over the trailing 3-year period	0.97
Correlation (All Time) Calculated using the full available price history since Jul 28, 2021	0.97

The correlation between FLXC.DE and 9W1.DE has been stable across timeframes, ranging from 0.97 to 0.97 - a consistent structural relationship.

Return for Risk

FLXC.DE vs. 9W1.DE — Risk / Return Rank

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

FLXC.DE

FLXC.DE Risk / Return Rank: 13
FLXC.DE Sharpe Ratio Rank: 13
FLXC.DE Sortino Ratio Rank: 13
FLXC.DE Omega Ratio Rank: 13
FLXC.DE Calmar Ratio Rank: 13
FLXC.DE Martin Ratio Rank: 12

9W1.DE

9W1.DE Risk / Return Rank: 11
9W1.DE Sharpe Ratio Rank: 11
9W1.DE Sortino Ratio Rank: 11
9W1.DE Omega Ratio Rank: 11
9W1.DE Calmar Ratio Rank: 11
9W1.DE Martin Ratio Rank: 10

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.

FLXC.DE vs. 9W1.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE China UCITS ETF (FLXC.DE) and BNP Paribas Easy MSCI China Select SRI S-Series 10% Capped UCITS ETF EUR Acc (9W1.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.

	FLXC.DE	9W1.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.27	0.12	+0.15
Sortino ratio: Return per unit of downside risk	0.50	0.31	+0.20
Omega ratio: Gain probability vs. loss probability	1.06	1.04	+0.02
Calmar ratio: Return relative to maximum drawdown	0.31	0.13	+0.18
Martin ratio: Return relative to average drawdown	0.64	0.27	+0.37
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FLXC.DE vs. 9W1.DE - Sharpe Ratio Comparison

The current FLXC.DE Sharpe Ratio is 0.27, which is higher than the 9W1.DE Sharpe Ratio of 0.12. The chart below compares the historical Sharpe Ratios of FLXC.DE and 9W1.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FLXC.DE	9W1.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.27	0.12	+0.15
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.15	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.09	-0.11	+0.20

Drawdowns

FLXC.DE vs. 9W1.DE - Drawdown Comparison

The maximum FLXC.DE drawdown since its inception was -55.61%, which is greater than 9W1.DE's maximum drawdown of -50.36%. Use the drawdown chart below to compare losses from any high point for FLXC.DE and 9W1.DE.

Drawdown Indicators

	FLXC.DE	9W1.DE	Difference
Max Drawdown Largest peak-to-trough decline	-55.61%	-50.36%	-5.25%
Max Drawdown (1Y) Largest decline over 1 year	-15.19%	-17.01%	+1.82%
Max Drawdown (3Y) Largest decline over 3 years	-24.70%	-31.53%	+6.83%
Max Drawdown (5Y) Largest decline over 5 years	-49.07%	—	—
Current Drawdown Current decline from peak	-30.89%	-25.23%	-5.66%
Average Drawdown Average peak-to-trough decline	-27.95%	-27.28%	-0.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.38%	8.37%	-0.99%

Volatility

FLXC.DE vs. 9W1.DE - Volatility Comparison

The current volatility for Franklin FTSE China UCITS ETF (FLXC.DE) is 6.78%, while BNP Paribas Easy MSCI China Select SRI S-Series 10% Capped UCITS ETF EUR Acc (9W1.DE) has a volatility of 7.19%. This indicates that FLXC.DE experiences smaller price fluctuations and is considered to be less risky than 9W1.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLXC.DE	9W1.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.78%	7.19%	-0.41%
Volatility (6M) Calculated over the trailing 6-month period	12.35%	13.30%	-0.95%
Volatility (1Y) Calculated over the trailing 1-year period	17.78%	18.92%	-1.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.71%	28.69%	-1.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.20%	28.69%	-2.49%

FLXC.DE vs. 9W1.DE - Expense Ratio Comparison

FLXC.DE has a 0.19% expense ratio, which is lower than 9W1.DE's 0.31% expense ratio.

Dividends

FLXC.DE vs. 9W1.DE - Dividend Comparison

Neither FLXC.DE nor 9W1.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both FLXC.DE and 9W1.DE in my portfolio?

With a correlation of 0.97, FLXC.DE and 9W1.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, FLXC.DE or 9W1.DE?

On fees, FLXC.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FLXC.DE or 9W1.DE?

FLXC.DE is cheaper with a 0.19% expense ratio, compared with 0.31% for 9W1.DE.

What is the main difference between FLXC.DE and 9W1.DE?

FLXC.DE tracks FTSE China 30/18 Capped, while 9W1.DE tracks MSCI China Select SRI S-Series 10% Capped. They also come from different issuers: Franklin Templeton and BNP Paribas. Their fees differ too: 0.19% for FLXC.DE and 0.31% for 9W1.DE.