FLXI.L vs. XDEV.L
FLXI.L (Franklin FTSE India UCITS ETF) and XDEV.L (Xtrackers MSCI World Value Factor UCITS ETF 1C) are both Global Equities funds - FLXI.L tracks the Franklin FTSE India UCITS ETF while XDEV.L tracks the MSCI ACWI Value NR USD. Both are passively managed. Over the past 5 years, FLXI.L returned 4.92%/yr vs 16.75%/yr for XDEV.L. At a 0.48 correlation, their price movements are largely independent. FLXI.L charges 0.19%/yr vs 0.25%/yr for XDEV.L.
Performance
FLXI.L vs. XDEV.L - Performance Comparison
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Different Trading Currencies
FLXI.L is traded in USD, while XDEV.L is traded in GBp. To make them comparable, the XDEV.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, FLXI.L achieves a -9.22% return, which is significantly lower than XDEV.L's 30.33% 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*
- —
XDEV.L
- 1D
- -1.10%
- 1M
- -3.59%
- 6M
- 26.45%
- YTD
- 30.33%
- 1Y
- 57.83%
- 3Y*
- 26.88%
- 5Y*
- 16.75%
- 10Y*
- 12.23%
FLXI.L vs. XDEV.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% |
XDEV.L Xtrackers MSCI World Value Factor UCITS ETF 1C | 30.33% | 40.36% | 5.01% | 19.23% | -9.79% | 20.57% | -4.03% | 10.53% |
Correlation
The correlation between FLXI.L and XDEV.L is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Jun 25, 2019 | 0.48 |
The correlation between FLXI.L and XDEV.L shifts across timeframes, from 0.38 (1 year) to 0.48 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
FLXI.L vs. XDEV.L — Risk / Return Rank
FLXI.L
XDEV.L
FLXI.L vs. XDEV.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE India UCITS ETF (FLXI.L) and Xtrackers MSCI World Value Factor UCITS ETF 1C (XDEV.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 | XDEV.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.21 | ||
| Sortino ratioReturn per unit of downside risk | -5.73 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 1.62 | -0.72 |
| Calmar ratioReturn relative to maximum drawdown | -0.59 | 6.59 | -7.18 |
| Martin ratioReturn relative to average drawdown | -1.36 | 23.86 | -25.22 |
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Drawdowns
FLXI.L vs. XDEV.L - Drawdown Comparison
The maximum FLXI.L drawdown since its inception was -41.86%, smaller than the maximum XDEV.L drawdown of -50.32%. Use the drawdown chart below to compare losses from any high point for FLXI.L and XDEV.L.
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Drawdown Indicators
| FLXI.L | XDEV.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.86% | -50.32% | +8.46% |
Max Drawdown (1Y)Largest decline over 1 year | -18.12% | -8.73% | -9.39% |
Max Drawdown (3Y)Largest decline over 3 years | -22.99% | -18.80% | -4.19% |
Max Drawdown (5Y)Largest decline over 5 years | -22.99% | -26.72% | +3.73% |
Max Drawdown (10Y)Largest decline over 10 years | — | -41.02% | — |
Current DrawdownCurrent decline from peak | -16.62% | -3.88% | -12.74% |
Average DrawdownAverage peak-to-trough decline | -8.26% | -21.78% | +13.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.82% | 2.42% | +5.40% |
Volatility
FLXI.L vs. XDEV.L - Volatility Comparison
The current volatility for Franklin FTSE India UCITS ETF (FLXI.L) is 3.99%, while Xtrackers MSCI World Value Factor UCITS ETF 1C (XDEV.L) has a volatility of 5.95%. This indicates that FLXI.L experiences smaller price fluctuations and is considered to be less risky than XDEV.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 | XDEV.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.99% | 5.95% | -1.96% |
Volatility (6M)Calculated over the trailing 6-month period | 14.02% | 13.95% | +0.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.04% | 16.24% | -0.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.72% | 20.88% | -4.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.38% | 22.09% | -0.71% |
FLXI.L vs. XDEV.L - Expense Ratio Comparison
FLXI.L has a 0.19% expense ratio, which is lower than XDEV.L's 0.25% 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%.
Dividends
FLXI.L vs. XDEV.L - Dividend Comparison
Neither FLXI.L nor XDEV.L has paid dividends to shareholders.
Frequently Asked Questions
FLXI.L and XDEV.L have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FLXI.L is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FLXI.L is cheaper with a 0.19% expense ratio, compared with 0.25% for XDEV.L.
FLXI.L tracks Franklin FTSE India UCITS ETF, while XDEV.L tracks MSCI ACWI Value NR USD. They also come from different issuers: Franklin and DWS. Their fees differ too: 0.19% for FLXI.L and 0.25% for XDEV.L.
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