FLXE.DE vs. 5MVL.DE
FLXE.DE (Franklin Emerging Markets UCITS ETF) and 5MVL.DE (iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc)) are both Emerging Markets Equities funds - FLXE.DE tracks the MSCI EM NR USD while 5MVL.DE tracks the MSCI Emerging Markets Select Value Factor Focus. Both are passively managed. Over the past 5 years, FLXE.DE returned 7.69%/yr vs 17.27%/yr for 5MVL.DE. Their correlation of 0.88 suggests significant overlap in exposure. FLXE.DE charges 0.45%/yr vs 0.40%/yr for 5MVL.DE.
Performance
FLXE.DE vs. 5MVL.DE - Performance Comparison
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Returns By Period
In the year-to-date period, FLXE.DE achieves a 16.10% return, which is significantly lower than 5MVL.DE's 45.83% return.
FLXE.DE
- 1D
- -0.62%
- 1M
- 0.38%
- YTD
- 16.10%
- 6M
- 15.79%
- 1Y
- 29.88%
- 3Y*
- 15.92%
- 5Y*
- 7.69%
- 10Y*
- —
5MVL.DE
- 1D
- -2.48%
- 1M
- 9.31%
- YTD
- 45.83%
- 6M
- 46.38%
- 1Y
- 81.35%
- 3Y*
- 33.99%
- 5Y*
- 17.27%
- 10Y*
- —
FLXE.DE vs. 5MVL.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FLXE.DE Franklin Emerging Markets UCITS ETF | 16.10% | 13.48% | 13.20% | 8.82% | -14.02% | 16.09% | -8.15% | 15.51% | -1.37% |
5MVL.DE iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) | 45.83% | 27.25% | 21.00% | 14.58% | -10.54% | 13.07% | -2.40% | 20.39% | -2.61% |
Correlation
The correlation between FLXE.DE and 5MVL.DE is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.83 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.82 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.86 |
Correlation (All Time) Calculated using the full available price history since Dec 17, 2018 | 0.88 |
The correlation between FLXE.DE and 5MVL.DE has been stable across timeframes, ranging from 0.82 to 0.88 - a consistent structural relationship.
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Return for Risk
FLXE.DE vs. 5MVL.DE — Risk / Return Rank
FLXE.DE
5MVL.DE
FLXE.DE vs. 5MVL.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Emerging Markets UCITS ETF (FLXE.DE) and iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) (5MVL.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.
| FLXE.DE | 5MVL.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.01 | ||
| Sortino ratioReturn per unit of downside risk | -1.99 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.73 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | 3.58 | 8.86 | -5.28 |
| Martin ratioReturn relative to average drawdown | 12.18 | 28.83 | -16.65 |
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
| FLXE.DE | 5MVL.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.30 | 4.31 | -2.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.56 | 1.02 | -0.46 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.83 | -0.47 |
Drawdowns
FLXE.DE vs. 5MVL.DE - Drawdown Comparison
The maximum FLXE.DE drawdown since its inception was -32.87%, roughly equal to the maximum 5MVL.DE drawdown of -32.25%. Use the drawdown chart below to compare losses from any high point for FLXE.DE and 5MVL.DE.
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Drawdown Indicators
| FLXE.DE | 5MVL.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.87% | -32.25% | -0.62% |
Max Drawdown (1Y)Largest decline over 1 year | -8.39% | -9.30% | +0.91% |
Max Drawdown (3Y)Largest decline over 3 years | -14.16% | -19.15% | +4.99% |
Max Drawdown (5Y)Largest decline over 5 years | -18.56% | -20.60% | +2.04% |
Current DrawdownCurrent decline from peak | -1.81% | -3.88% | +2.07% |
Average DrawdownAverage peak-to-trough decline | -7.16% | -6.27% | -0.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.47% | 2.87% | -0.40% |
Volatility
FLXE.DE vs. 5MVL.DE - Volatility Comparison
The current volatility for Franklin Emerging Markets UCITS ETF (FLXE.DE) is 5.11%, while iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) (5MVL.DE) has a volatility of 8.71%. This indicates that FLXE.DE experiences smaller price fluctuations and is considered to be less risky than 5MVL.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FLXE.DE | 5MVL.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.11% | 8.71% | -3.60% |
Volatility (6M)Calculated over the trailing 6-month period | 10.96% | 15.83% | -4.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.04% | 19.13% | -6.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.69% | 16.78% | -3.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.06% | 18.84% | -2.78% |
FLXE.DE vs. 5MVL.DE - Expense Ratio Comparison
FLXE.DE has a 0.45% expense ratio, which is higher than 5MVL.DE's 0.40% expense ratio.
Dividends
FLXE.DE vs. 5MVL.DE - Dividend Comparison
Neither FLXE.DE nor 5MVL.DE has paid dividends to shareholders.
Frequently Asked Questions
FLXE.DE and 5MVL.DE have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 5MVL.DE is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
5MVL.DE is cheaper with a 0.40% expense ratio, compared with 0.45% for FLXE.DE.
FLXE.DE tracks MSCI EM NR USD, while 5MVL.DE tracks MSCI Emerging Markets Select Value Factor Focus. They also come from different issuers: Franklin Templeton and iShares. Their fees differ too: 0.45% for FLXE.DE and 0.40% for 5MVL.DE.
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