FLXK.DE vs. LGQK.DE

Last updated Jun 5, 2026

FLXK.DE (Franklin FTSE Korea UCITS ETF) and LGQK.DE (Amundi MSCI Pacific Ex Japan UCITS ETF Dist) are both Asia Pacific Equities funds - FLXK.DE tracks the FTSE Korea 30/18 Capped while LGQK.DE tracks the MSCI Pacific ex Japan. Both are passively managed. Over the past 5 years, FLXK.DE returned 20.42%/yr vs 5.53%/yr for LGQK.DE. A 0.58 correlation means they provide meaningful diversification when combined. FLXK.DE charges 0.09%/yr vs 0.12%/yr for LGQK.DE.

Performance

FLXK.DE vs. LGQK.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Franklin FTSE Korea UCITS ETF (FLXK.DE) and Amundi MSCI Pacific Ex Japan UCITS ETF Dist (LGQK.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FLXK.DE achieves a 113.07% return, which is significantly higher than LGQK.DE's 9.03% return.

FLXK.DE

• 1D: -5.45%
• 1M: 13.51%
• YTD: 113.07%
• 6M: 125.49%
• 1Y: 216.17%
• 3Y*: 46.07%
• 5Y*: 20.42%
• 10Y*: —

LGQK.DE

• 1D: -1.05%
• 1M: -2.05%
• YTD: 9.03%
• 6M: 9.97%
• 1Y: 13.31%
• 3Y*: 10.11%
• 5Y*: 5.53%
• 10Y*: 11.66%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FLXK.DE vs. LGQK.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
FLXK.DE Franklin FTSE Korea UCITS ETF	113.07%	73.17%	-17.06%	16.74%	-23.45%	0.14%	34.15%	14.19%
LGQK.DE Amundi MSCI Pacific Ex Japan UCITS ETF Dist	9.03%	6.49%	12.16%	1.67%	-1.07%	12.33%	56.18%	3.59%

Correlation

The correlation between FLXK.DE and LGQK.DE is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.50
Correlation (3Y) Calculated over the trailing 3-year period	0.52
Correlation (5Y) Calculated over the trailing 5-year period	0.55
Correlation (All Time) Calculated using the full available price history since Jun 6, 2019	0.58

The correlation between FLXK.DE and LGQK.DE has been stable across timeframes, ranging from 0.50 to 0.58 - a consistent structural relationship.

Return for Risk

FLXK.DE vs. LGQK.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FLXK.DE

FLXK.DE Risk / Return Rank: 97
FLXK.DE Sharpe Ratio Rank: 98
FLXK.DE Sortino Ratio Rank: 96
FLXK.DE Omega Ratio Rank: 96
FLXK.DE Calmar Ratio Rank: 97
FLXK.DE Martin Ratio Rank: 96

LGQK.DE

LGQK.DE Risk / Return Rank: 36
LGQK.DE Sharpe Ratio Rank: 32
LGQK.DE Sortino Ratio Rank: 33
LGQK.DE Omega Ratio Rank: 30
LGQK.DE Calmar Ratio Rank: 45
LGQK.DE Martin Ratio Rank: 40

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FLXK.DE vs. LGQK.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Korea UCITS ETF (FLXK.DE) and Amundi MSCI Pacific Ex Japan UCITS ETF Dist (LGQK.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.

	FLXK.DE	LGQK.DE	Difference
Sharpe ratio: Return per unit of total volatility	5.91	1.14	+4.77
Sortino ratio: Return per unit of downside risk	5.46	1.74	+3.72
Omega ratio: Gain probability vs. loss probability	1.79	1.20	+0.59
Calmar ratio: Return relative to maximum drawdown	10.68	2.21	+8.47
Martin ratio: Return relative to average drawdown	38.63	6.30	+32.32
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FLXK.DE vs. LGQK.DE - Sharpe Ratio Comparison

The current FLXK.DE Sharpe Ratio is 5.91, which is higher than the LGQK.DE Sharpe Ratio of 1.14. The chart below compares the historical Sharpe Ratios of FLXK.DE and LGQK.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FLXK.DE	LGQK.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	5.91	1.14	+4.77
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.80	0.37	+0.42
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.47	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.84	0.55	+0.29

Drawdowns

FLXK.DE vs. LGQK.DE - Drawdown Comparison

The maximum FLXK.DE drawdown since its inception was -39.43%, which is greater than LGQK.DE's maximum drawdown of -36.96%. Use the drawdown chart below to compare losses from any high point for FLXK.DE and LGQK.DE.

Drawdown Indicators

	FLXK.DE	LGQK.DE	Difference
Max Drawdown Largest peak-to-trough decline	-39.43%	-36.96%	-2.47%
Max Drawdown (1Y) Largest decline over 1 year	-20.92%	-6.26%	-14.66%
Max Drawdown (3Y) Largest decline over 3 years	-29.99%	-20.04%	-9.95%
Max Drawdown (5Y) Largest decline over 5 years	-39.36%	-20.04%	-19.32%
Max Drawdown (10Y) Largest decline over 10 years	—	-36.96%	—
Current Drawdown Current decline from peak	-5.90%	-2.16%	-3.74%
Average Drawdown Average peak-to-trough decline	-15.54%	-6.18%	-9.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.80%	2.20%	+3.60%

Volatility

FLXK.DE vs. LGQK.DE - Volatility Comparison

Franklin FTSE Korea UCITS ETF (FLXK.DE) has a higher volatility of 17.58% compared to Amundi MSCI Pacific Ex Japan UCITS ETF Dist (LGQK.DE) at 3.20%. This indicates that FLXK.DE's price experiences larger fluctuations and is considered to be riskier than LGQK.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLXK.DE	LGQK.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.58%	3.20%	+14.38%
Volatility (6M) Calculated over the trailing 6-month period	33.23%	9.32%	+23.91%
Volatility (1Y) Calculated over the trailing 1-year period	37.87%	12.16%	+25.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.35%	14.67%	+10.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.75%	25.08%	+1.67%

FLXK.DE vs. LGQK.DE - Expense Ratio Comparison

FLXK.DE has a 0.09% expense ratio, which is lower than LGQK.DE's 0.12% 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. LGQK.DE - Dividend Comparison

FLXK.DE has not paid dividends to shareholders, while LGQK.DE's dividend yield for the trailing twelve months is around 2.64%.

Position	TTM	2025	2024	2023	2022	2021	2020
FLXK.DE Franklin FTSE Korea UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
LGQK.DE Amundi MSCI Pacific Ex Japan UCITS ETF Dist	2.64%	2.88%	5.33%	3.78%	4.41%	3.15%	0.89%

Frequently Asked Questions

Can I hold both FLXK.DE and LGQK.DE in my portfolio?

FLXK.DE and LGQK.DE have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FLXK.DE or LGQK.DE?

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.

Which ETF is cheaper, FLXK.DE or LGQK.DE?

FLXK.DE is cheaper with a 0.09% expense ratio, compared with 0.12% for LGQK.DE.

What is the main difference between FLXK.DE and LGQK.DE?

FLXK.DE tracks FTSE Korea 30/18 Capped, while LGQK.DE tracks MSCI Pacific ex Japan. They also come from different issuers: Franklin Templeton and Amundi. Their fees differ too: 0.09% for FLXK.DE and 0.12% for LGQK.DE.