FLXI.DE vs. GC=F

Last updated Jun 9, 2026

FLXI.DE (Franklin FTSE India UCITS ETF) is Asia Pacific Equities fund tracking the FTSE India 30/18 Capped, while GC=F (Gold Futures) is an asset. At a correlation of -0.07, they often move in opposite directions.

Performance

FLXI.DE vs. GC=F - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Franklin FTSE India UCITS ETF (FLXI.DE) and Gold Futures (GC=F). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

FLXI.DE is traded in EUR, while GC=F is traded in USD. To make them comparable, the GC=F values have been converted to EUR using the latest available exchange rates.

Returns By Period

FLXI.DE

• 1D: 0.58%
• 1M: -2.23%
• YTD: -9.30%
• 6M: -8.89%
• 1Y: -13.12%
• 3Y*: 3.88%
• 5Y*: 5.24%
• 10Y*: —

GC=F

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FLXI.DE vs. GC=F - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
FLXI.DE Franklin FTSE India UCITS ETF	-9.30%	-8.72%	16.97%	17.28%	-0.26%
GC=F Gold Futures	0.00%	0.00%	0.00%	0.00%	13.25%

Correlation

The correlation between FLXI.DE and GC=F is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 31, 2022	-0.07

Return for Risk

FLXI.DE vs. GC=F — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FLXI.DE

FLXI.DE Risk / Return Rank: 2
FLXI.DE Sharpe Ratio Rank: 2
FLXI.DE Sortino Ratio Rank: 2
FLXI.DE Omega Ratio Rank: 3
FLXI.DE Calmar Ratio Rank: 3
FLXI.DE Martin Ratio Rank: 1

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FLXI.DE vs. GC=F - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE India UCITS ETF (FLXI.DE) and Gold Futures (GC=F). 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.

	FLXI.DE	GC=F	Difference
Sharpe ratio: Return per unit of total volatility	-0.89	—	—
Sortino ratio: Return per unit of downside risk	-1.25	—	—
Omega ratio: Gain probability vs. loss probability	0.87	—	—
Calmar ratio: Return relative to maximum drawdown	-0.76	—	—
Martin ratio: Return relative to average drawdown	-1.62	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	FLXI.DE	GC=F	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.89	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.33	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	—	—

Drawdowns

Drawdown Indicators

	FLXI.DE	GC=F	Difference
Max Drawdown Largest peak-to-trough decline	-40.58%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-17.48%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-24.76%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-24.76%	—	—
Current Drawdown Current decline from peak	-21.24%	—	—
Average Drawdown Average peak-to-trough decline	-7.79%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	7.90%	—	—

Volatility

Volatility by Period

	FLXI.DE	GC=F	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.93%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.42%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.87%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.82%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.96%	—	—

Frequently Asked Questions

Can I hold both FLXI.DE and GC=F in my portfolio?

FLXI.DE and GC=F have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.