FLXC.DE vs. FLXE.DE
FLXC.DE (Franklin FTSE China UCITS ETF) and FLXE.DE (Franklin Emerging Markets UCITS ETF) are both exchange-traded funds - FLXC.DE is a China Equities fund tracking the FTSE China 30/18 Capped, while FLXE.DE is a Emerging Markets Equities fund tracking the MSCI EM NR USD. Both are passively managed. Over the past 5 years, FLXC.DE returned -3.95%/yr vs 7.69%/yr for FLXE.DE. A 0.68 correlation means they provide meaningful diversification when combined. FLXC.DE charges 0.19%/yr vs 0.45%/yr for FLXE.DE.
Performance
FLXC.DE vs. FLXE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, FLXC.DE achieves a -5.94% return, which is significantly lower than FLXE.DE's 16.10% 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*
- —
FLXE.DE
- 1D
- -0.62%
- 1M
- 1.42%
- YTD
- 16.10%
- 6M
- 17.14%
- 1Y
- 30.17%
- 3Y*
- 15.92%
- 5Y*
- 7.69%
- 10Y*
- —
FLXC.DE vs. FLXE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FLXC.DE Franklin FTSE China UCITS ETF | -5.94% | 17.34% | 27.28% | -15.77% | -15.90% | -14.60% | 16.83% | 19.48% |
FLXE.DE Franklin Emerging Markets UCITS ETF | 16.10% | 13.48% | 13.20% | 8.82% | -14.02% | 16.09% | -8.15% | 10.08% |
Correlation
The correlation between FLXC.DE and FLXE.DE is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.61 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.63 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.65 |
Correlation (All Time) Calculated using the full available price history since Jun 6, 2019 | 0.68 |
The correlation between FLXC.DE and FLXE.DE has been stable across timeframes, ranging from 0.61 to 0.68 - a consistent structural relationship.
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Return for Risk
FLXC.DE vs. FLXE.DE — Risk / Return Rank
FLXC.DE
FLXE.DE
FLXC.DE vs. FLXE.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 Emerging Markets UCITS ETF (FLXE.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 | FLXE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.04 | ||
| Sortino ratioReturn per unit of downside risk | -2.68 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.42 | -0.36 |
| Calmar ratioReturn relative to maximum drawdown | 0.31 | 3.58 | -3.27 |
| Martin ratioReturn relative to average drawdown | 0.64 | 12.18 | -11.54 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FLXC.DE | FLXE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.27 | 2.30 | -2.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.15 | 0.56 | -0.70 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.09 | 0.36 | -0.27 |
Drawdowns
FLXC.DE vs. FLXE.DE - Drawdown Comparison
The maximum FLXC.DE drawdown since its inception was -55.61%, which is greater than FLXE.DE's maximum drawdown of -32.87%. Use the drawdown chart below to compare losses from any high point for FLXC.DE and FLXE.DE.
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Drawdown Indicators
| FLXC.DE | FLXE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.61% | -32.87% | -22.74% |
Max Drawdown (1Y)Largest decline over 1 year | -15.19% | -8.39% | -6.80% |
Max Drawdown (3Y)Largest decline over 3 years | -24.70% | -14.16% | -10.54% |
Max Drawdown (5Y)Largest decline over 5 years | -49.07% | -18.56% | -30.51% |
Current DrawdownCurrent decline from peak | -30.89% | -1.81% | -29.08% |
Average DrawdownAverage peak-to-trough decline | -27.95% | -7.16% | -20.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.38% | 2.47% | +4.91% |
Volatility
FLXC.DE vs. FLXE.DE - Volatility Comparison
Franklin FTSE China UCITS ETF (FLXC.DE) has a higher volatility of 6.78% compared to Franklin Emerging Markets UCITS ETF (FLXE.DE) at 5.11%. This indicates that FLXC.DE's price experiences larger fluctuations and is considered to be riskier than FLXE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FLXC.DE | FLXE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.78% | 5.11% | +1.67% |
Volatility (6M)Calculated over the trailing 6-month period | 12.35% | 10.96% | +1.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.78% | 13.04% | +4.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.71% | 13.69% | +13.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.20% | 16.06% | +10.14% |
FLXC.DE vs. FLXE.DE - Expense Ratio Comparison
FLXC.DE has a 0.19% expense ratio, which is lower than FLXE.DE's 0.45% expense ratio.
Dividends
FLXC.DE vs. FLXE.DE - Dividend Comparison
Neither FLXC.DE nor FLXE.DE has paid dividends to shareholders.
Frequently Asked Questions
FLXC.DE and FLXE.DE have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
FLXC.DE is cheaper with a 0.19% expense ratio, compared with 0.45% for FLXE.DE.
FLXC.DE is categorized as China Equities, while FLXE.DE is Emerging Markets Equities. FLXC.DE tracks FTSE China 30/18 Capped, while FLXE.DE tracks MSCI EM NR USD. Their fees differ too: 0.19% for FLXC.DE and 0.45% for FLXE.DE.
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