FLXI.DE vs. PAF.L
FLXI.DE (Franklin FTSE India UCITS ETF) is Asia Pacific Equities fund tracking the FTSE India 30/18 Capped, while PAF.L (Pan African Resources plc) is a stock. Over the past 5 years, FLXI.DE returned 5.39%/yr vs 46.56%/yr for PAF.L. At a 0.08 correlation, their price movements are largely independent.
Performance
FLXI.DE vs. PAF.L - Performance Comparison
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Different Trading Currencies
FLXI.DE is traded in EUR, while PAF.L is traded in GBp. To make them comparable, the PAF.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
The year-to-date returns for both stocks are quite close, with FLXI.DE having a -8.35% return and PAF.L slightly lower at -8.62%.
FLXI.DE
- 1D
- 2.22%
- 1M
- 0.57%
- YTD
- -8.35%
- 6M
- -6.99%
- 1Y
- -9.91%
- 3Y*
- 3.77%
- 5Y*
- 5.39%
- 10Y*
- —
PAF.L
- 1D
- 5.54%
- 1M
- -26.87%
- YTD
- -8.62%
- 6M
- 0.05%
- 1Y
- 129.27%
- 3Y*
- 107.91%
- 5Y*
- 46.56%
- 10Y*
- 23.39%
FLXI.DE vs. PAF.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FLXI.DE Franklin FTSE India UCITS ETF | -8.35% | -8.72% | 16.97% | 17.28% | -1.80% | 35.51% | 1.87% | 1.08% |
PAF.L Pan African Resources plc | -8.62% | 239.35% | 119.42% | 8.64% | -1.23% | -20.94% | 91.94% | 19.05% |
Correlation
The correlation between FLXI.DE and PAF.L is 0.08, 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 (1Y) Calculated over the trailing 1-year period | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Jun 26, 2019 | 0.08 |
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Return for Risk
FLXI.DE vs. PAF.L — Risk / Return Rank
FLXI.DE
PAF.L
FLXI.DE vs. PAF.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE India UCITS ETF (FLXI.DE) and Pan African Resources plc (PAF.L). 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 | PAF.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.08 | ||
| Sortino ratioReturn per unit of downside risk | -3.63 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 1.35 | -0.46 |
| Calmar ratioReturn relative to maximum drawdown | -0.62 | 2.91 | -3.54 |
| Martin ratioReturn relative to average drawdown | -1.38 | 9.54 | -10.92 |
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Drawdowns
FLXI.DE vs. PAF.L - Drawdown Comparison
The maximum FLXI.DE drawdown since its inception was -40.58%, smaller than the maximum PAF.L drawdown of -85.41%. Use the drawdown chart below to compare losses from any high point for FLXI.DE and PAF.L.
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Drawdown Indicators
| FLXI.DE | PAF.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.58% | -85.41% | +44.83% |
Max Drawdown (1Y)Largest decline over 1 year | -16.84% | -44.14% | +27.30% |
Max Drawdown (3Y)Largest decline over 3 years | -24.76% | -44.14% | +19.38% |
Max Drawdown (5Y)Largest decline over 5 years | -24.76% | -49.12% | +24.36% |
Max Drawdown (10Y)Largest decline over 10 years | — | -71.57% | — |
Current DrawdownCurrent decline from peak | -20.42% | -39.78% | +19.36% |
Average DrawdownAverage peak-to-trough decline | -7.81% | -31.13% | +23.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.64% | 13.50% | -5.86% |
Volatility
FLXI.DE vs. PAF.L - Volatility Comparison
The current volatility for Franklin FTSE India UCITS ETF (FLXI.DE) is 4.65%, while Pan African Resources plc (PAF.L) has a volatility of 21.78%. This indicates that FLXI.DE experiences smaller price fluctuations and is considered to be less risky than PAF.L 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 | PAF.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.65% | 21.78% | -17.13% |
Volatility (6M)Calculated over the trailing 6-month period | 12.49% | 44.89% | -32.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.05% | 54.07% | -39.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.84% | 48.39% | -32.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.96% | 53.73% | -33.77% |
Dividends
FLXI.DE vs. PAF.L - Dividend Comparison
FLXI.DE has not paid dividends to shareholders, while PAF.L's dividend yield for the trailing twelve months is around 2.00%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLXI.DE Franklin FTSE India 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% |
PAF.L Pan African Resources plc | 2.00% | 1.35% | 2.79% | 4.52% | 5.25% | 5.09% | 2.92% | 0.98% | 0.00% | 3.38% | 5.67% | 6.83% |
Frequently Asked Questions
FLXI.DE and PAF.L have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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