FLXT.DE vs. IQQK.DE

Last updated Jun 5, 2026

FLXT.DE (Franklin FTSE Taiwan UCITS ETF USD Capitalisation) and IQQK.DE (iShares MSCI Korea UCITS ETF (Dist)) are both Asia Pacific Equities funds - FLXT.DE tracks the FTSE Taiwan 30/18 Capped while IQQK.DE tracks the MSCI Korea 20/35. Both are passively managed. Over the past 3 years, FLXT.DE returned 41.09%/yr vs 44.83%/yr for IQQK.DE. A 0.65 correlation means they provide meaningful diversification when combined. FLXT.DE charges 0.19%/yr vs 0.74%/yr for IQQK.DE.

Performance

FLXT.DE vs. IQQK.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Franklin FTSE Taiwan UCITS ETF USD Capitalisation (FLXT.DE) and iShares MSCI Korea UCITS ETF (Dist) (IQQK.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FLXT.DE achieves a 69.39% return, which is significantly lower than IQQK.DE's 107.68% return.

FLXT.DE

• 1D: -1.70%
• 1M: 13.04%
• YTD: 69.39%
• 6M: 72.01%
• 1Y: 113.39%
• 3Y*: 41.09%
• 5Y*: —
• 10Y*: —

IQQK.DE

• 1D: -4.65%
• 1M: 11.93%
• YTD: 107.68%
• 6M: 121.46%
• 1Y: 216.52%
• 3Y*: 44.83%
• 5Y*: 19.47%
• 10Y*: 16.55%

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

FLXT.DE vs. IQQK.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
FLXT.DE Franklin FTSE Taiwan UCITS ETF USD Capitalisation	69.39%	19.89%	30.42%	25.56%	-22.29%
IQQK.DE iShares MSCI Korea UCITS ETF (Dist)	107.68%	77.35%	-18.08%	15.54%	-17.46%

Correlation

The correlation between FLXT.DE and IQQK.DE is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.67
Correlation (3Y) Calculated over the trailing 3-year period	0.63
Correlation (All Time) Calculated using the full available price history since Mar 23, 2022	0.65

The correlation between FLXT.DE and IQQK.DE has been stable across timeframes, ranging from 0.63 to 0.67 - a consistent structural relationship.

Return for Risk

FLXT.DE vs. IQQK.DE — Risk / Return Rank

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

FLXT.DE

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

IQQK.DE

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

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.

FLXT.DE vs. IQQK.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Taiwan UCITS ETF USD Capitalisation (FLXT.DE) and iShares MSCI Korea UCITS ETF (Dist) (IQQK.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.

	FLXT.DE	IQQK.DE	Difference
Sharpe ratio: Return per unit of total volatility	4.92	5.92	-1.00
Sortino ratio: Return per unit of downside risk	5.73	5.50	+0.23
Omega ratio: Gain probability vs. loss probability	1.78	1.78	0.00
Calmar ratio: Return relative to maximum drawdown	12.64	10.70	+1.94
Martin ratio: Return relative to average drawdown	38.64	38.75	-0.10
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FLXT.DE vs. IQQK.DE - Sharpe Ratio Comparison

The current FLXT.DE Sharpe Ratio is 4.92, which is comparable to the IQQK.DE Sharpe Ratio of 5.92. The chart below compares the historical Sharpe Ratios of FLXT.DE and IQQK.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

	FLXT.DE	IQQK.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.92	5.92	-1.00
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.75	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.66	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.15	0.33	+0.82

Drawdowns

FLXT.DE vs. IQQK.DE - Drawdown Comparison

The maximum FLXT.DE drawdown since its inception was -31.16%, smaller than the maximum IQQK.DE drawdown of -68.13%. Use the drawdown chart below to compare losses from any high point for FLXT.DE and IQQK.DE.

Drawdown Indicators

	FLXT.DE	IQQK.DE	Difference
Max Drawdown Largest peak-to-trough decline	-31.16%	-68.13%	+36.97%
Max Drawdown (1Y) Largest decline over 1 year	-9.05%	-20.96%	+11.91%
Max Drawdown (3Y) Largest decline over 3 years	-31.16%	-30.51%	-0.65%
Max Drawdown (5Y) Largest decline over 5 years	—	-41.53%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-42.35%	—
Current Drawdown Current decline from peak	-1.86%	-5.73%	+3.87%
Average Drawdown Average peak-to-trough decline	-8.18%	-17.35%	+9.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.97%	5.80%	-2.83%

Volatility

FLXT.DE vs. IQQK.DE - Volatility Comparison

The current volatility for Franklin FTSE Taiwan UCITS ETF USD Capitalisation (FLXT.DE) is 9.61%, while iShares MSCI Korea UCITS ETF (Dist) (IQQK.DE) has a volatility of 17.23%. This indicates that FLXT.DE experiences smaller price fluctuations and is considered to be less risky than IQQK.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLXT.DE	IQQK.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.61%	17.23%	-7.62%
Volatility (6M) Calculated over the trailing 6-month period	18.65%	33.01%	-14.36%
Volatility (1Y) Calculated over the trailing 1-year period	23.26%	37.90%	-14.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.86%	25.65%	-3.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.86%	24.84%	-2.98%

FLXT.DE vs. IQQK.DE - Expense Ratio Comparison

FLXT.DE has a 0.19% expense ratio, which is lower than IQQK.DE's 0.74% expense ratio.

Dividends

FLXT.DE vs. IQQK.DE - Dividend Comparison

FLXT.DE has not paid dividends to shareholders, while IQQK.DE's dividend yield for the trailing twelve months is around 0.36%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FLXT.DE Franklin FTSE Taiwan UCITS ETF USD Capitalisation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IQQK.DE iShares MSCI Korea UCITS ETF (Dist)	0.36%	0.75%	1.17%	1.07%	1.29%	1.11%	0.69%	1.12%	0.89%	0.69%	0.56%	0.39%

Frequently Asked Questions

Can I hold both FLXT.DE and IQQK.DE in my portfolio?

FLXT.DE and IQQK.DE have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FLXT.DE or IQQK.DE?

On fees, FLXT.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FLXT.DE or IQQK.DE?

FLXT.DE is cheaper with a 0.19% expense ratio, compared with 0.74% for IQQK.DE.

What is the main difference between FLXT.DE and IQQK.DE?

FLXT.DE tracks FTSE Taiwan 30/18 Capped, while IQQK.DE tracks MSCI Korea 20/35. They also come from different issuers: Franklin Templeton and iShares. Their fees differ too: 0.19% for FLXT.DE and 0.74% for IQQK.DE.