FLXI.L vs. FLXK.L
FLXI.L (Franklin FTSE India UCITS ETF) and FLXK.L (Franklin FTSE Korea UCITS ETF) are both Global Equities funds from Franklin - FLXI.L tracks the Franklin FTSE India UCITS ETF while FLXK.L tracks the Franklin FTSE Korea UCITS ETF. Both are passively managed. Over the past 5 years, FLXI.L returned 4.92%/yr vs 15.67%/yr for FLXK.L. At a 0.47 correlation, their price movements are largely independent. FLXI.L charges 0.19%/yr vs 0.09%/yr for FLXK.L.
Performance
FLXI.L vs. FLXK.L - Performance Comparison
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Returns By Period
In the year-to-date period, FLXI.L achieves a -9.22% return, which is significantly lower than FLXK.L's 75.46% 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*
- —
FLXK.L
- 1D
- -1.68%
- 1M
- -19.56%
- 6M
- 57.13%
- YTD
- 75.46%
- 1Y
- 141.50%
- 3Y*
- 39.45%
- 5Y*
- 15.67%
- 10Y*
- —
FLXI.L vs. FLXK.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% |
FLXK.L Franklin FTSE Korea UCITS ETF | 75.46% | 94.79% | -21.63% | 20.77% | -28.01% | -6.85% | 47.31% | 7.31% |
Correlation
The correlation between FLXI.L and FLXK.L is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Jun 25, 2019 | 0.47 |
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Return for Risk
FLXI.L vs. FLXK.L — Risk / Return Rank
FLXI.L
FLXK.L
FLXI.L vs. FLXK.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 Korea UCITS ETF (FLXK.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 | FLXK.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.80 | ||
| Sortino ratioReturn per unit of downside risk | -4.18 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 1.47 | -0.57 |
| Calmar ratioReturn relative to maximum drawdown | -0.59 | 5.86 | -6.45 |
| Martin ratioReturn relative to average drawdown | -1.36 | 18.40 | -19.77 |
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Drawdowns
FLXI.L vs. FLXK.L - Drawdown Comparison
The maximum FLXI.L drawdown since its inception was -41.86%, smaller than the maximum FLXK.L drawdown of -49.43%. Use the drawdown chart below to compare losses from any high point for FLXI.L and FLXK.L.
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Drawdown Indicators
| FLXI.L | FLXK.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.86% | -49.43% | +7.57% |
Max Drawdown (1Y)Largest decline over 1 year | -18.12% | -24.10% | +5.98% |
Max Drawdown (3Y)Largest decline over 3 years | -22.99% | -28.54% | +5.55% |
Max Drawdown (5Y)Largest decline over 5 years | -22.99% | -47.00% | +24.01% |
Current DrawdownCurrent decline from peak | -16.62% | -24.10% | +7.48% |
Average DrawdownAverage peak-to-trough decline | -8.26% | -20.23% | +11.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.82% | 7.70% | +0.12% |
Volatility
FLXI.L vs. FLXK.L - Volatility Comparison
The current volatility for Franklin FTSE India UCITS ETF (FLXI.L) is 3.99%, while Franklin FTSE Korea UCITS ETF (FLXK.L) has a volatility of 19.75%. This indicates that FLXI.L experiences smaller price fluctuations and is considered to be less risky than FLXK.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.L | FLXK.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.99% | 19.75% | -15.76% |
Volatility (6M)Calculated over the trailing 6-month period | 14.02% | 41.53% | -27.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.04% | 45.08% | -29.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.72% | 29.63% | -12.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.38% | 29.61% | -8.23% |
FLXI.L vs. FLXK.L - Expense Ratio Comparison
FLXI.L has a 0.19% expense ratio, which is higher than FLXK.L's 0.09% expense ratio. However, 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.L vs. FLXK.L - Dividend Comparison
Neither FLXI.L nor FLXK.L has paid dividends to shareholders.
Frequently Asked Questions
FLXI.L and FLXK.L have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FLXK.L is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FLXK.L is cheaper with a 0.09% expense ratio, compared with 0.19% for FLXI.L.
FLXI.L tracks Franklin FTSE India UCITS ETF, while FLXK.L tracks Franklin FTSE Korea UCITS ETF. Their fees differ too: 0.19% for FLXI.L and 0.09% for FLXK.L.
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