FLXC.DE vs. FLRA.DE

Last updated Jun 5, 2026

FLXC.DE (Franklin FTSE China UCITS ETF) and FLRA.DE (Franklin Metaverse UCITS ETF USD Capitalisation) are both exchange-traded funds - FLXC.DE is a China Equities fund tracking the FTSE China 30/18 Capped, while FLRA.DE is a Technology Equities fund tracking the Solactive Global Metaverse Innovation. Both are passively managed. Over the past 3 years, FLXC.DE returned 7.94%/yr vs 26.58%/yr for FLRA.DE. At a 0.36 correlation, their price movements are largely independent. FLXC.DE charges 0.19%/yr vs 0.30%/yr for FLRA.DE.

Performance

FLXC.DE vs. FLRA.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Franklin FTSE China UCITS ETF (FLXC.DE) and Franklin Metaverse UCITS ETF USD Capitalisation (FLRA.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 lower than FLRA.DE's 19.68% 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*: —

FLRA.DE

• 1D: -1.45%
• 1M: 16.33%
• YTD: 19.68%
• 6M: 14.77%
• 1Y: 38.95%
• 3Y*: 26.58%
• 5Y*: —
• 10Y*: —

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

FLXC.DE vs. FLRA.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
FLXC.DE Franklin FTSE China UCITS ETF	-5.94%	17.34%	27.28%	-15.77%	-5.12%
FLRA.DE Franklin Metaverse UCITS ETF USD Capitalisation	19.68%	5.59%	27.26%	71.63%	-21.53%

Correlation

The correlation between FLXC.DE and FLRA.DE is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.45
Correlation (3Y) Calculated over the trailing 3-year period	0.36
Correlation (All Time) Calculated using the full available price history since Sep 8, 2022	0.36

Return for Risk

FLXC.DE vs. FLRA.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

FLRA.DE

FLRA.DE Risk / Return Rank: 36
FLRA.DE Sharpe Ratio Rank: 44
FLRA.DE Sortino Ratio Rank: 42
FLRA.DE Omega Ratio Rank: 41
FLRA.DE Calmar Ratio Rank: 28
FLRA.DE Martin Ratio Rank: 24

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. FLRA.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE China UCITS ETF (FLXC.DE) and Franklin Metaverse UCITS ETF USD Capitalisation (FLRA.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	FLRA.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.27	1.51	-1.24
Sortino ratio: Return per unit of downside risk	0.50	2.08	-1.58
Omega ratio: Gain probability vs. loss probability	1.06	1.26	-0.20
Calmar ratio: Return relative to maximum drawdown	0.31	1.33	-1.02
Martin ratio: Return relative to average drawdown	0.64	3.01	-2.37
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. FLRA.DE - Sharpe Ratio Comparison

The current FLXC.DE Sharpe Ratio is 0.27, which is lower than the FLRA.DE Sharpe Ratio of 1.51. The chart below compares the historical Sharpe Ratios of FLXC.DE and FLRA.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	FLRA.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.27	1.51	-1.24
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	0.82	-0.73

Drawdowns

FLXC.DE vs. FLRA.DE - Drawdown Comparison

The maximum FLXC.DE drawdown since its inception was -55.61%, which is greater than FLRA.DE's maximum drawdown of -34.22%. Use the drawdown chart below to compare losses from any high point for FLXC.DE and FLRA.DE.

Drawdown Indicators

	FLXC.DE	FLRA.DE	Difference
Max Drawdown Largest peak-to-trough decline	-55.61%	-34.22%	-21.39%
Max Drawdown (1Y) Largest decline over 1 year	-15.19%	-29.17%	+13.98%
Max Drawdown (3Y) Largest decline over 3 years	-24.70%	-34.22%	+9.52%
Max Drawdown (5Y) Largest decline over 5 years	-49.07%	—	—
Current Drawdown Current decline from peak	-30.89%	-2.92%	-27.97%
Average Drawdown Average peak-to-trough decline	-27.95%	-9.83%	-18.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.38%	12.91%	-5.53%

Volatility

FLXC.DE vs. FLRA.DE - Volatility Comparison

The current volatility for Franklin FTSE China UCITS ETF (FLXC.DE) is 6.78%, while Franklin Metaverse UCITS ETF USD Capitalisation (FLRA.DE) has a volatility of 8.80%. This indicates that FLXC.DE experiences smaller price fluctuations and is considered to be less risky than FLRA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLXC.DE	FLRA.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.78%	8.80%	-2.02%
Volatility (6M) Calculated over the trailing 6-month period	12.35%	18.60%	-6.25%
Volatility (1Y) Calculated over the trailing 1-year period	17.78%	25.70%	-7.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.71%	27.73%	-1.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.20%	27.73%	-1.53%

FLXC.DE vs. FLRA.DE - Expense Ratio Comparison

FLXC.DE has a 0.19% expense ratio, which is lower than FLRA.DE's 0.30% expense ratio.

Dividends

FLXC.DE vs. FLRA.DE - Dividend Comparison

Neither FLXC.DE nor FLRA.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

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

FLXC.DE and FLRA.DE have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FLXC.DE or FLRA.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 FLRA.DE?

FLXC.DE is cheaper with a 0.19% expense ratio, compared with 0.30% for FLRA.DE.

What is the main difference between FLXC.DE and FLRA.DE?

FLXC.DE is categorized as China Equities, while FLRA.DE is Technology Equities. FLXC.DE tracks FTSE China 30/18 Capped, while FLRA.DE tracks Solactive Global Metaverse Innovation. Their fees differ too: 0.19% for FLXC.DE and 0.30% for FLRA.DE.