FLXI.DE vs. SSAC.L
Compare and contrast key facts about Franklin FTSE India UCITS ETF (FLXI.DE) and iShares MSCI ACWI UCITS ETF (Acc) (SSAC.L).
FLXI.DE and SSAC.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLXI.DE is a passively managed fund by Franklin Templeton that tracks the performance of the FTSE India 30/18 Capped. It was launched on Jun 25, 2019. SSAC.L is a passively managed fund by iShares that tracks the performance of the MSCI ACWI NR USD. It was launched on Oct 21, 2011. Both FLXI.DE and SSAC.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLXI.DE or SSAC.L.
Key characteristics
FLXI.DE | SSAC.L | |
---|---|---|
YTD Return | 17.15% | 18.94% |
1Y Return | 25.33% | 24.99% |
3Y Return (Ann) | 9.21% | 7.88% |
5Y Return (Ann) | 13.54% | 11.66% |
Sharpe Ratio | 1.69 | 2.48 |
Sortino Ratio | 2.27 | 3.45 |
Omega Ratio | 1.34 | 1.47 |
Calmar Ratio | 4.33 | 3.85 |
Martin Ratio | 12.64 | 17.09 |
Ulcer Index | 2.06% | 1.43% |
Daily Std Dev | 15.30% | 9.85% |
Max Drawdown | -40.58% | -25.43% |
Current Drawdown | -4.72% | 0.00% |
Correlation
The correlation between FLXI.DE and SSAC.L is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FLXI.DE vs. SSAC.L - Performance Comparison
In the year-to-date period, FLXI.DE achieves a 17.15% return, which is significantly lower than SSAC.L's 18.94% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FLXI.DE vs. SSAC.L - Expense Ratio Comparison
FLXI.DE has a 0.19% expense ratio, which is lower than SSAC.L'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%.
Risk-Adjusted Performance
FLXI.DE vs. SSAC.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE India UCITS ETF (FLXI.DE) and iShares MSCI ACWI UCITS ETF (Acc) (SSAC.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.
Dividends
FLXI.DE vs. SSAC.L - Dividend Comparison
Neither FLXI.DE nor SSAC.L has paid dividends to shareholders.
Drawdowns
FLXI.DE vs. SSAC.L - Drawdown Comparison
The maximum FLXI.DE drawdown since its inception was -40.58%, which is greater than SSAC.L's maximum drawdown of -25.43%. Use the drawdown chart below to compare losses from any high point for FLXI.DE and SSAC.L. For additional features, visit the drawdowns tool.
Volatility
FLXI.DE vs. SSAC.L - Volatility Comparison
Franklin FTSE India UCITS ETF (FLXI.DE) has a higher volatility of 3.71% compared to iShares MSCI ACWI UCITS ETF (Acc) (SSAC.L) at 2.96%. This indicates that FLXI.DE's price experiences larger fluctuations and is considered to be riskier than SSAC.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.