FLXK.DE vs. LGGE.DE
FLXK.DE (Franklin FTSE Korea UCITS ETF) and LGGE.DE (L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF) are both exchange-traded funds - FLXK.DE is a Asia Pacific Equities fund tracking the FTSE Korea 30/18 Capped, while LGGE.DE is a Europe Equities fund tracking the FTSE Developed Europe ex UK All Cap ex CW ex TC ex REITS Dividend Growth with Quality. Both are passively managed. Over the past 3 years, FLXK.DE returned 49.56%/yr vs 25.32%/yr for LGGE.DE. At a 0.45 correlation, their price movements are largely independent. FLXK.DE charges 0.09%/yr vs 0.25%/yr for LGGE.DE.
Performance
FLXK.DE vs. LGGE.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FLXK.DE achieves a 120.70% return, which is significantly higher than LGGE.DE's 12.88% return.
FLXK.DE
- 1D
- 2.42%
- 1M
- 6.06%
- YTD
- 120.70%
- 6M
- 135.17%
- 1Y
- 205.43%
- 3Y*
- 49.56%
- 5Y*
- 20.69%
- 10Y*
- —
LGGE.DE
- 1D
- 0.00%
- 1M
- 0.04%
- YTD
- 12.88%
- 6M
- 13.57%
- 1Y
- 30.01%
- 3Y*
- 25.32%
- 5Y*
- —
- 10Y*
- —
FLXK.DE vs. LGGE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
FLXK.DE Franklin FTSE Korea UCITS ETF | 120.70% | 73.19% | -17.07% | 16.75% | -23.45% | -7.37% |
LGGE.DE L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF | 12.88% | 38.29% | 14.07% | 17.18% | -3.86% | 6.81% |
Correlation
The correlation between FLXK.DE and LGGE.DE is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Jul 15, 2021 | 0.45 |
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
FLXK.DE vs. LGGE.DE — Risk / Return Rank
FLXK.DE
LGGE.DE
FLXK.DE vs. LGGE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Korea UCITS ETF (FLXK.DE) and L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF (LGGE.DE). 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.
| FLXK.DE | LGGE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.51 | ||
| Sortino ratioReturn per unit of downside risk | +1.30 | ||
| Omega ratioGain probability vs. loss probability | 1.68 | 1.45 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 9.75 | 4.14 | +5.61 |
| Martin ratioReturn relative to average drawdown | 33.05 | 15.10 | +17.95 |
Loading charts...
Drawdowns
FLXK.DE vs. LGGE.DE - Drawdown Comparison
The maximum FLXK.DE drawdown since its inception was -39.43%, which is greater than LGGE.DE's maximum drawdown of -20.11%. Use the drawdown chart below to compare losses from any high point for FLXK.DE and LGGE.DE.
Loading charts...
Drawdown Indicators
| FLXK.DE | LGGE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.43% | -20.11% | -19.32% |
Max Drawdown (1Y)Largest decline over 1 year | -20.92% | -7.28% | -13.64% |
Max Drawdown (3Y)Largest decline over 3 years | -29.99% | -14.71% | -15.28% |
Max Drawdown (5Y)Largest decline over 5 years | -39.36% | — | — |
Current DrawdownCurrent decline from peak | -6.66% | -1.29% | -5.37% |
Average DrawdownAverage peak-to-trough decline | -15.81% | -3.21% | -12.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.19% | 1.99% | +4.20% |
Volatility
FLXK.DE vs. LGGE.DE - Volatility Comparison
Franklin FTSE Korea UCITS ETF (FLXK.DE) has a higher volatility of 19.24% compared to L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF (LGGE.DE) at 2.68%. This indicates that FLXK.DE's price experiences larger fluctuations and is considered to be riskier than LGGE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FLXK.DE | LGGE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.24% | 2.68% | +16.56% |
Volatility (6M)Calculated over the trailing 6-month period | 37.03% | 9.76% | +27.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.98% | 12.20% | +28.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.45% | 14.57% | +11.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.69% | 14.57% | +13.12% |
FLXK.DE vs. LGGE.DE - Expense Ratio Comparison
FLXK.DE has a 0.09% expense ratio, which is lower than LGGE.DE'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
FLXK.DE vs. LGGE.DE - Dividend Comparison
FLXK.DE has not paid dividends to shareholders, while LGGE.DE's dividend yield for the trailing twelve months is around 3.57%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
FLXK.DE Franklin FTSE Korea UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LGGE.DE L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF | 3.57% | 3.47% | 4.37% | 4.43% | 4.18% | 1.52% |
Frequently Asked Questions
FLXK.DE and LGGE.DE have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FLXK.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FLXK.DE is cheaper with a 0.09% expense ratio, compared with 0.25% for LGGE.DE.
FLXK.DE is categorized as Asia Pacific Equities, while LGGE.DE is Europe Equities. FLXK.DE tracks FTSE Korea 30/18 Capped, while LGGE.DE tracks FTSE Developed Europe ex UK All Cap ex CW ex TC ex REITS Dividend Growth with Quality. They also come from different issuers: Franklin Templeton and Legal & General. Their fees differ too: 0.09% for FLXK.DE and 0.25% for LGGE.DE.
Find the right allocation for FLXK.DE and LGGE.DE
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