FLXI.DE vs. EUNL.DE
FLXI.DE (Franklin FTSE India UCITS ETF) and EUNL.DE (iShares Core MSCI World UCITS ETF USD (Acc)) are both exchange-traded funds - FLXI.DE is a Asia Pacific Equities fund tracking the FTSE India 30/18 Capped, while EUNL.DE is a Global Equities fund tracking the MSCI World Index. Both are passively managed. Over the past 5 years, FLXI.DE returned 5.79%/yr vs 12.67%/yr for EUNL.DE. At a 0.49 correlation, their price movements are largely independent. FLXI.DE charges 0.19%/yr vs 0.20%/yr for EUNL.DE.
Performance
FLXI.DE vs. EUNL.DE - Performance Comparison
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Returns By Period
In the year-to-date period, FLXI.DE achieves a -6.70% return, which is significantly lower than EUNL.DE's 11.17% return.
FLXI.DE
- 1D
- 1.80%
- 1M
- 2.56%
- YTD
- -6.70%
- 6M
- -5.19%
- 1Y
- -8.29%
- 3Y*
- 4.54%
- 5Y*
- 5.79%
- 10Y*
- —
EUNL.DE
- 1D
- 1.11%
- 1M
- 2.65%
- YTD
- 11.17%
- 6M
- 12.56%
- 1Y
- 25.26%
- 3Y*
- 17.19%
- 5Y*
- 12.67%
- 10Y*
- 13.12%
FLXI.DE vs. EUNL.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FLXI.DE Franklin FTSE India UCITS ETF | -6.70% | -8.72% | 16.97% | 17.28% | -1.80% | 35.51% | 1.87% | 1.08% |
EUNL.DE iShares Core MSCI World UCITS ETF USD (Acc) | 11.17% | 7.91% | 25.93% | 20.12% | -13.59% | 32.72% | 5.48% | 11.70% |
Correlation
The correlation between FLXI.DE and EUNL.DE is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Jun 26, 2019 | 0.49 |
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Return for Risk
FLXI.DE vs. EUNL.DE — Risk / Return Rank
FLXI.DE
EUNL.DE
FLXI.DE vs. EUNL.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE India UCITS ETF (FLXI.DE) and iShares Core MSCI World UCITS ETF USD (Acc) (EUNL.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FLXI.DE | EUNL.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.77 | ||
| Sortino ratioReturn per unit of downside risk | -3.81 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.41 | -0.49 |
| Calmar ratioReturn relative to maximum drawdown | -0.49 | 4.04 | -4.53 |
| Martin ratioReturn relative to average drawdown | -1.08 | 16.31 | -17.39 |
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Drawdowns
FLXI.DE vs. EUNL.DE - Drawdown Comparison
The maximum FLXI.DE drawdown since its inception was -40.58%, which is greater than EUNL.DE's maximum drawdown of -33.63%. Use the drawdown chart below to compare losses from any high point for FLXI.DE and EUNL.DE.
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Drawdown Indicators
| FLXI.DE | EUNL.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.58% | -33.63% | -6.95% |
Max Drawdown (1Y)Largest decline over 1 year | -16.84% | -6.22% | -10.62% |
Max Drawdown (3Y)Largest decline over 3 years | -24.76% | -21.73% | -3.03% |
Max Drawdown (5Y)Largest decline over 5 years | -24.76% | -21.73% | -3.03% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.63% | — |
Current DrawdownCurrent decline from peak | -18.99% | -0.02% | -18.97% |
Average DrawdownAverage peak-to-trough decline | -7.82% | -4.22% | -3.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.67% | 1.54% | +6.13% |
Volatility
FLXI.DE vs. EUNL.DE - Volatility Comparison
Franklin FTSE India UCITS ETF (FLXI.DE) has a higher volatility of 4.96% compared to iShares Core MSCI World UCITS ETF USD (Acc) (EUNL.DE) at 3.14%. This indicates that FLXI.DE's price experiences larger fluctuations and is considered to be riskier than EUNL.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FLXI.DE | EUNL.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.96% | 3.14% | +1.82% |
Volatility (6M)Calculated over the trailing 6-month period | 12.60% | 8.04% | +4.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.04% | 11.33% | +3.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.87% | 14.19% | +1.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.96% | 15.17% | +4.79% |
FLXI.DE vs. EUNL.DE - Expense Ratio Comparison
FLXI.DE has a 0.19% expense ratio, which is lower than EUNL.DE's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
FLXI.DE vs. EUNL.DE - Dividend Comparison
Neither FLXI.DE nor EUNL.DE has paid dividends to shareholders.
Frequently Asked Questions
FLXI.DE and EUNL.DE have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FLXI.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FLXI.DE is cheaper with a 0.19% expense ratio, compared with 0.20% for EUNL.DE.
FLXI.DE is categorized as Asia Pacific Equities, while EUNL.DE is Global Equities. FLXI.DE tracks FTSE India 30/18 Capped, while EUNL.DE tracks MSCI World Index. They also come from different issuers: Franklin Templeton and iShares. Their fees differ too: 0.19% for FLXI.DE and 0.20% for EUNL.DE.
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