FLXE.DE vs. EUNY.DE
FLXE.DE (Franklin Emerging Markets UCITS ETF) and EUNY.DE (iShares Emerging Markets Dividend UCITS ETF) are both Emerging Markets Equities funds - FLXE.DE tracks the MSCI EM NR USD while EUNY.DE tracks the Dow Jones Emerging Markets Select Dividend. Both are passively managed. Over the past 5 years, FLXE.DE returned 7.69%/yr vs 5.28%/yr for EUNY.DE. Their correlation of 0.83 suggests significant overlap in exposure. FLXE.DE charges 0.45%/yr vs 0.65%/yr for EUNY.DE.
Performance
FLXE.DE vs. EUNY.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FLXE.DE achieves a 16.10% return, which is significantly higher than EUNY.DE's 11.46% 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*
- —
EUNY.DE
- 1D
- -0.55%
- 1M
- -2.26%
- YTD
- 11.46%
- 6M
- 11.18%
- 1Y
- 25.40%
- 3Y*
- 17.26%
- 5Y*
- 5.28%
- 10Y*
- 7.14%
FLXE.DE vs. EUNY.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FLXE.DE Franklin Emerging Markets UCITS ETF | 16.10% | 13.48% | 13.20% | 8.82% | -14.02% | 16.09% | -8.15% | 15.51% | -7.66% | 2.87% |
EUNY.DE iShares Emerging Markets Dividend UCITS ETF | 11.46% | 13.97% | 12.39% | 15.37% | -26.13% | 19.99% | -11.70% | 18.31% | -1.55% | -0.65% |
Correlation
The correlation between FLXE.DE and EUNY.DE is 0.79, 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 | 0.79 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.76 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Oct 23, 2017 | 0.83 |
The correlation between FLXE.DE and EUNY.DE has been stable across timeframes, ranging from 0.76 to 0.83 - 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
FLXE.DE vs. EUNY.DE — Risk / Return Rank
FLXE.DE
EUNY.DE
FLXE.DE vs. EUNY.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 Emerging Markets Dividend UCITS ETF (EUNY.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 | EUNY.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.17 | ||
| Sortino ratioReturn per unit of downside risk | +0.20 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.38 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 3.58 | 6.17 | -2.59 |
| Martin ratioReturn relative to average drawdown | 12.18 | 16.86 | -4.68 |
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
| FLXE.DE | EUNY.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.30 | 2.13 | +0.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.56 | 0.34 | +0.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.42 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.22 | +0.14 |
Drawdowns
FLXE.DE vs. EUNY.DE - Drawdown Comparison
The maximum FLXE.DE drawdown since its inception was -32.87%, smaller than the maximum EUNY.DE drawdown of -40.65%. Use the drawdown chart below to compare losses from any high point for FLXE.DE and EUNY.DE.
Loading charts...
Drawdown Indicators
| FLXE.DE | EUNY.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.87% | -40.65% | +7.78% |
Max Drawdown (1Y)Largest decline over 1 year | -8.39% | -4.11% | -4.28% |
Max Drawdown (3Y)Largest decline over 3 years | -14.16% | -15.70% | +1.54% |
Max Drawdown (5Y)Largest decline over 5 years | -18.56% | -31.43% | +12.87% |
Max Drawdown (10Y)Largest decline over 10 years | — | -36.29% | — |
Current DrawdownCurrent decline from peak | -1.81% | -2.82% | +1.01% |
Average DrawdownAverage peak-to-trough decline | -7.16% | -12.34% | +5.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.47% | 1.51% | +0.96% |
Volatility
FLXE.DE vs. EUNY.DE - Volatility Comparison
Franklin Emerging Markets UCITS ETF (FLXE.DE) has a higher volatility of 5.11% compared to iShares Emerging Markets Dividend UCITS ETF (EUNY.DE) at 4.52%. This indicates that FLXE.DE's price experiences larger fluctuations and is considered to be riskier than EUNY.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FLXE.DE | EUNY.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.11% | 4.52% | +0.59% |
Volatility (6M)Calculated over the trailing 6-month period | 10.96% | 9.70% | +1.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.04% | 11.90% | +1.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.69% | 15.58% | -1.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.06% | 16.73% | -0.67% |
FLXE.DE vs. EUNY.DE - Expense Ratio Comparison
FLXE.DE has a 0.45% expense ratio, which is lower than EUNY.DE's 0.65% expense ratio.
Dividends
FLXE.DE vs. EUNY.DE - Dividend Comparison
FLXE.DE has not paid dividends to shareholders, while EUNY.DE's dividend yield for the trailing twelve months is around 5.32%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EUNY.DE iShares Emerging Markets Dividend UCITS ETF | 5.32% | 5.82% | 7.72% | 8.04% | 9.56% | 6.35% | 5.09% | 5.57% | 5.65% | 4.09% | 4.35% | 6.37% |
FLXE.DE Franklin Emerging Markets UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FLXE.DE and EUNY.DE have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FLXE.DE is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FLXE.DE is cheaper with a 0.45% expense ratio, compared with 0.65% for EUNY.DE.
FLXE.DE tracks MSCI EM NR USD, while EUNY.DE tracks Dow Jones Emerging Markets Select Dividend. They also come from different issuers: Franklin Templeton and iShares. Their fees differ too: 0.45% for FLXE.DE and 0.65% for EUNY.DE.
Find the right allocation for FLXE.DE and EUNY.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