FLXC.DE vs. L4K3.DE
FLXC.DE (Franklin FTSE China UCITS ETF) and L4K3.DE (Amundi MSCI China UCITS ETF Acc) are both China Equities funds - FLXC.DE tracks the FTSE China 30/18 Capped while L4K3.DE tracks the MSCI China. Both are passively managed. Over the past 5 years, FLXC.DE returned -3.95%/yr vs -4.01%/yr for L4K3.DE. With a 0.98 correlation, they move nearly in lockstep. FLXC.DE charges 0.19%/yr vs 0.29%/yr for L4K3.DE.
Performance
FLXC.DE vs. L4K3.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FLXC.DE achieves a -5.94% return, which is significantly higher than L4K3.DE's -6.67% 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*
- —
L4K3.DE
- 1D
- -0.37%
- 1M
- -2.03%
- YTD
- -6.67%
- 6M
- -8.13%
- 1Y
- 3.17%
- 3Y*
- 8.01%
- 5Y*
- -4.01%
- 10Y*
- —
FLXC.DE vs. L4K3.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% |
L4K3.DE Amundi MSCI China UCITS ETF Acc | -6.67% | 17.15% | 27.30% | -14.42% | -14.90% | -16.74% | 15.62% | 20.08% |
Correlation
The correlation between FLXC.DE and L4K3.DE is 0.96 - 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 | 0.96 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.98 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.98 |
Correlation (All Time) Calculated using the full available price history since Jun 6, 2019 | 0.98 |
The correlation between FLXC.DE and L4K3.DE has been stable across timeframes, ranging from 0.96 to 0.98 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FLXC.DE vs. L4K3.DE — Risk / Return Rank
FLXC.DE
L4K3.DE
FLXC.DE vs. L4K3.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE China UCITS ETF (FLXC.DE) and Amundi MSCI China UCITS ETF Acc (L4K3.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 | L4K3.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.15 | ||
| Sortino ratioReturn per unit of downside risk | +0.12 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.06 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 0.31 | 0.12 | +0.19 |
| Martin ratioReturn relative to average drawdown | 0.64 | 0.21 | +0.44 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| FLXC.DE | L4K3.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.27 | 0.11 | +0.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.15 | -0.14 | -0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.09 | 0.02 | +0.07 |
Drawdowns
FLXC.DE vs. L4K3.DE - Drawdown Comparison
The maximum FLXC.DE drawdown since its inception was -55.61%, roughly equal to the maximum L4K3.DE drawdown of -55.69%. Use the drawdown chart below to compare losses from any high point for FLXC.DE and L4K3.DE.
Loading charts...
Drawdown Indicators
| FLXC.DE | L4K3.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.61% | -55.69% | +0.08% |
Max Drawdown (1Y)Largest decline over 1 year | -15.19% | -25.74% | +10.55% |
Max Drawdown (3Y)Largest decline over 3 years | -24.70% | -25.74% | +1.04% |
Max Drawdown (5Y)Largest decline over 5 years | -49.07% | -49.06% | -0.01% |
Current DrawdownCurrent decline from peak | -30.89% | -31.32% | +0.43% |
Average DrawdownAverage peak-to-trough decline | -27.95% | -28.02% | +0.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.38% | 15.28% | -7.90% |
Volatility
FLXC.DE vs. L4K3.DE - Volatility Comparison
The current volatility for Franklin FTSE China UCITS ETF (FLXC.DE) is 6.78%, while Amundi MSCI China UCITS ETF Acc (L4K3.DE) has a volatility of 7.29%. This indicates that FLXC.DE experiences smaller price fluctuations and is considered to be less risky than L4K3.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FLXC.DE | L4K3.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.78% | 7.29% | -0.51% |
Volatility (6M)Calculated over the trailing 6-month period | 12.35% | 13.24% | -0.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.78% | 27.86% | -10.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.71% | 29.30% | -2.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.20% | 28.03% | -1.83% |
FLXC.DE vs. L4K3.DE - Expense Ratio Comparison
FLXC.DE has a 0.19% expense ratio, which is lower than L4K3.DE's 0.29% expense ratio.
Dividends
FLXC.DE vs. L4K3.DE - Dividend Comparison
Neither FLXC.DE nor L4K3.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.96, FLXC.DE and L4K3.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.
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 0.29% for L4K3.DE.
FLXC.DE tracks FTSE China 30/18 Capped, while L4K3.DE tracks MSCI China. They also come from different issuers: Franklin Templeton and Amundi. Their fees differ too: 0.19% for FLXC.DE and 0.29% for L4K3.DE.
Find the right allocation for FLXC.DE and L4K3.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer