FLXI.L vs. FLXB.L
FLXI.L (Franklin FTSE India UCITS ETF) and FLXB.L (Franklin FTSE Brazil UCITS ETF) are both Global Equities funds from Franklin - FLXI.L tracks the Franklin FTSE India UCITS ETF while FLXB.L tracks the Franklin FTSE Brazil UCITS ETF. Both are passively managed. Over the past 5 years, FLXI.L returned 4.92%/yr vs 6.80%/yr for FLXB.L. At a 0.36 correlation, their price movements are largely independent. Both charge a 0.19% expense ratio.
Performance
FLXI.L vs. FLXB.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FLXI.L achieves a -9.22% return, which is significantly lower than FLXB.L's 17.17% return.
FLXI.L
- 1D
- -0.33%
- 1M
- -1.15%
- 6M
- -7.85%
- YTD
- -9.22%
- 1Y
- -10.39%
- 3Y*
- 5.09%
- 5Y*
- 4.92%
- 10Y*
- —
FLXB.L
- 1D
- 0.13%
- 1M
- 1.17%
- 6M
- 13.24%
- YTD
- 17.17%
- 1Y
- 39.35%
- 3Y*
- 12.11%
- 5Y*
- 6.80%
- 10Y*
- —
FLXI.L vs. FLXB.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FLXI.L Franklin FTSE India UCITS ETF | -9.22% | 2.92% | 10.75% | 22.03% | -8.29% | 24.89% | 13.06% | -0.07% |
FLXB.L Franklin FTSE Brazil UCITS ETF | 17.17% | 45.49% | -27.92% | 33.43% | 10.93% | -16.59% | -19.42% | 5.63% |
Correlation
The correlation between FLXI.L and FLXB.L is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Jun 25, 2019 | 0.36 |
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
FLXI.L vs. FLXB.L — Risk / Return Rank
FLXI.L
FLXB.L
FLXI.L vs. FLXB.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE India UCITS ETF (FLXI.L) and Franklin FTSE Brazil UCITS ETF (FLXB.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.L | FLXB.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.32 | ||
| Sortino ratioReturn per unit of downside risk | -3.19 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 1.28 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | -0.59 | 2.21 | -2.80 |
| Martin ratioReturn relative to average drawdown | -1.36 | 5.73 | -7.09 |
Loading charts...
Drawdowns
FLXI.L vs. FLXB.L - Drawdown Comparison
The maximum FLXI.L drawdown since its inception was -41.86%, smaller than the maximum FLXB.L drawdown of -56.54%. Use the drawdown chart below to compare losses from any high point for FLXI.L and FLXB.L.
Loading charts...
Drawdown Indicators
| FLXI.L | FLXB.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.86% | -56.54% | +14.68% |
Max Drawdown (1Y)Largest decline over 1 year | -18.12% | -17.78% | -0.34% |
Max Drawdown (3Y)Largest decline over 3 years | -22.99% | -28.79% | +5.80% |
Max Drawdown (5Y)Largest decline over 5 years | -22.99% | -32.17% | +9.18% |
Current DrawdownCurrent decline from peak | -16.62% | -12.54% | -4.08% |
Average DrawdownAverage peak-to-trough decline | -8.26% | -18.96% | +10.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.82% | 6.89% | +0.93% |
Volatility
FLXI.L vs. FLXB.L - Volatility Comparison
The current volatility for Franklin FTSE India UCITS ETF (FLXI.L) is 3.99%, while Franklin FTSE Brazil UCITS ETF (FLXB.L) has a volatility of 6.41%. This indicates that FLXI.L experiences smaller price fluctuations and is considered to be less risky than FLXB.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FLXI.L | FLXB.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.99% | 6.41% | -2.42% |
Volatility (6M)Calculated over the trailing 6-month period | 14.02% | 18.27% | -4.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.04% | 23.82% | -7.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.72% | 27.18% | -10.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.38% | 32.03% | -10.65% |
FLXI.L vs. FLXB.L - Expense Ratio Comparison
Both FLXI.L and FLXB.L have an expense ratio of 0.19%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
FLXI.L vs. FLXB.L - Dividend Comparison
Neither FLXI.L nor FLXB.L has paid dividends to shareholders.
Frequently Asked Questions
FLXI.L and FLXB.L have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.19% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
FLXI.L and FLXB.L have the same expense ratio: 0.19% per year.
FLXI.L tracks Franklin FTSE India UCITS ETF, while FLXB.L tracks Franklin FTSE Brazil UCITS ETF.
Find the right allocation for FLXI.L and FLXB.L
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