FLXK.L vs. FLXI.L
FLXK.L (Franklin FTSE Korea UCITS ETF USD (Acc)) and FLXI.L (Franklin FTSE India UCITS ETF USD (Acc)) are both exchange-traded funds - FLXK.L is a South Korea Equities fund tracking the FTSE Korea 30/18 Capped Index (Net Return), while FLXI.L is a India Equities fund tracking the FTSE India 30/18 Capped Index - Net Return. Both are passively managed. Over the past 5 years, FLXK.L returned 15.68%/yr vs 5.02%/yr for FLXI.L. At a 0.46 correlation, their price movements are largely independent. FLXK.L charges 0.09%/yr vs 0.19%/yr for FLXI.L.
Performance
FLXK.L vs. FLXI.L - Performance Comparison
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Returns By Period
In the year-to-date period, FLXK.L achieves a 75.50% return, which is significantly higher than FLXI.L's -8.81% return.
FLXK.L
- 1D
- -2.69%
- 1M
- -18.61%
- 6M
- 52.93%
- YTD
- 75.50%
- 1Y
- 142.25%
- 3Y*
- 39.46%
- 5Y*
- 15.68%
- 10Y*
- —
FLXI.L
- 1D
- 0.12%
- 1M
- -0.58%
- 6M
- -7.62%
- YTD
- -8.81%
- 1Y
- -10.28%
- 3Y*
- 5.25%
- 5Y*
- 5.02%
- 10Y*
- —
FLXK.L vs. FLXI.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FLXK.L Franklin FTSE Korea UCITS ETF USD (Acc) | 75.50% | 94.79% | -21.63% | 20.77% | -28.01% | -6.85% | 47.31% | 7.31% |
FLXI.L Franklin FTSE India UCITS ETF USD (Acc) | -8.81% | 2.92% | 10.75% | 22.03% | -8.29% | 24.89% | 13.06% | -0.07% |
Correlation
The correlation between FLXK.L and FLXI.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 | 0.46 |
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Return for Risk
FLXK.L vs. FLXI.L — Risk / Return Rank
FLXK.L
FLXI.L
FLXK.L vs. FLXI.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Korea UCITS ETF USD (Acc) (FLXK.L) and Franklin FTSE India UCITS ETF USD (Acc) (FLXI.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.
| FLXK.L | FLXI.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.78 | ||
| Sortino ratioReturn per unit of downside risk | +4.15 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 0.90 | +0.56 |
| Calmar ratioReturn relative to maximum drawdown | 5.87 | -0.57 | +6.44 |
| Martin ratioReturn relative to average drawdown | 18.43 | -1.31 | +19.74 |
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Drawdowns
FLXK.L vs. FLXI.L - Drawdown Comparison
The maximum FLXK.L drawdown since its inception was -49.43%, which is greater than FLXI.L's maximum drawdown of -41.86%. Use the drawdown chart below to compare losses from any high point for FLXK.L and FLXI.L.
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Drawdown Indicators
| FLXK.L | FLXI.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.43% | -41.86% | -7.57% |
Max Drawdown (1Y)Largest decline over 1 year | -24.09% | -18.12% | -5.97% |
Max Drawdown (3Y)Largest decline over 3 years | -28.54% | -22.99% | -5.55% |
Max Drawdown (5Y)Largest decline over 5 years | -47.00% | -22.99% | -24.01% |
Current DrawdownCurrent decline from peak | -24.09% | -16.25% | -7.84% |
Average DrawdownAverage peak-to-trough decline | -20.23% | -8.26% | -11.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.69% | 7.82% | -0.13% |
Volatility
FLXK.L vs. FLXI.L - Volatility Comparison
Franklin FTSE Korea UCITS ETF USD (Acc) (FLXK.L) has a higher volatility of 19.69% compared to Franklin FTSE India UCITS ETF USD (Acc) (FLXI.L) at 3.99%. This indicates that FLXK.L's price experiences larger fluctuations and is considered to be riskier than FLXI.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FLXK.L | FLXI.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.69% | 3.99% | +15.70% |
Volatility (6M)Calculated over the trailing 6-month period | 41.50% | 14.02% | +27.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.06% | 16.04% | +29.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.63% | 16.72% | +12.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.60% | 21.38% | +8.22% |
FLXK.L vs. FLXI.L - Expense Ratio Comparison
FLXK.L has a 0.09% expense ratio, which is lower than FLXI.L's 0.19% 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.L vs. FLXI.L - Dividend Comparison
Neither FLXK.L nor FLXI.L has paid dividends to shareholders.
Frequently Asked Questions
FLXK.L and FLXI.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.
FLXK.L is categorized as South Korea Equities, while FLXI.L is India Equities. FLXK.L tracks FTSE Korea 30/18 Capped Index (Net Return), while FLXI.L tracks FTSE India 30/18 Capped Index - Net Return. Their fees differ too: 0.09% for FLXK.L and 0.19% for FLXI.L.
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