FLXX.L vs. WQDS.L
FLXX.L (Franklin Global Quality Dividend UCITS ETF) and WQDS.L (iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist)) are both exchange-traded funds - FLXX.L is a Dividend fund tracking the Franklin Global Quality Dividend UCITS ETF, while WQDS.L is a Global Equities fund tracking the MSCI World High Dividend Yield ESG Reduced Carbon Target Select Index. Both are passively managed. Over the past 5 years, FLXX.L returned 9.89%/yr vs 12.69%/yr for WQDS.L. Their correlation of 0.84 suggests significant overlap in exposure. FLXX.L charges 0.30%/yr vs 0.38%/yr for WQDS.L.
Performance
FLXX.L vs. WQDS.L - Performance Comparison
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Different Trading Currencies
FLXX.L is traded in GBP, while WQDS.L is traded in GBp. To make them comparable, the WQDS.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, FLXX.L achieves a 11.23% return, which is significantly lower than WQDS.L's 15.20% return.
FLXX.L
- 1D
- -3.20%
- 1M
- -0.56%
- 6M
- 8.23%
- YTD
- 11.23%
- 1Y
- 18.11%
- 3Y*
- 14.61%
- 5Y*
- 9.89%
- 10Y*
- —
WQDS.L
- 1D
- -1.09%
- 1M
- -0.53%
- 6M
- 13.28%
- YTD
- 15.20%
- 1Y
- 28.06%
- 3Y*
- 17.31%
- 5Y*
- 12.69%
- 10Y*
- —
FLXX.L vs. WQDS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FLXX.L Franklin Global Quality Dividend UCITS ETF | 11.23% | 6.53% | 17.14% | 4.43% | 1.45% | 20.91% | 1.97% | 19.18% | -3.07% | 2.23% |
WQDS.L iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist) | 15.20% | 15.54% | 11.68% | 10.80% | 4.05% | 17.47% | -3.37% | 18.77% | -5.32% | 1.44% |
Correlation
The correlation between FLXX.L and WQDS.L is 0.71, 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 | 0.71 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.69 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.79 |
Correlation (All Time) Calculated using the full available price history since Sep 8, 2017 | 0.84 |
The correlation between FLXX.L and WQDS.L shifts across timeframes, from 0.69 (3 years) to 0.84 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
FLXX.L vs. WQDS.L — Risk / Return Rank
FLXX.L
WQDS.L
FLXX.L vs. WQDS.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Global Quality Dividend UCITS ETF (FLXX.L) and iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist) (WQDS.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.
| FLXX.L | WQDS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.62 | ||
| Sortino ratioReturn per unit of downside risk | -1.14 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.49 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 3.27 | 4.14 | -0.87 |
| Martin ratioReturn relative to average drawdown | 12.26 | 15.36 | -3.11 |
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Drawdowns
FLXX.L vs. WQDS.L - Drawdown Comparison
The maximum FLXX.L drawdown since its inception was -26.51%, smaller than the maximum WQDS.L drawdown of -30.62%. Use the drawdown chart below to compare losses from any high point for FLXX.L and WQDS.L.
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Drawdown Indicators
| FLXX.L | WQDS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.51% | -30.62% | +4.11% |
Max Drawdown (1Y)Largest decline over 1 year | -5.74% | -6.75% | +1.01% |
Max Drawdown (3Y)Largest decline over 3 years | -14.05% | -14.93% | +0.88% |
Max Drawdown (5Y)Largest decline over 5 years | -14.05% | -14.93% | +0.88% |
Current DrawdownCurrent decline from peak | -3.20% | -1.36% | -1.84% |
Average DrawdownAverage peak-to-trough decline | -3.39% | -8.99% | +5.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.53% | 1.82% | -0.29% |
Volatility
FLXX.L vs. WQDS.L - Volatility Comparison
Franklin Global Quality Dividend UCITS ETF (FLXX.L) has a higher volatility of 4.30% compared to iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist) (WQDS.L) at 2.80%. This indicates that FLXX.L's price experiences larger fluctuations and is considered to be riskier than WQDS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FLXX.L | WQDS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.30% | 2.80% | +1.50% |
Volatility (6M)Calculated over the trailing 6-month period | 7.57% | 8.17% | -0.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.21% | 10.50% | -1.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.07% | 11.60% | -0.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.06% | 14.96% | -1.90% |
FLXX.L vs. WQDS.L - Expense Ratio Comparison
FLXX.L has a 0.30% expense ratio, which is lower than WQDS.L's 0.38% expense ratio.
Dividends
FLXX.L vs. WQDS.L - Dividend Comparison
FLXX.L's dividend yield for the trailing twelve months is around 2.52%, more than WQDS.L's 2.15% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
FLXX.L Franklin Global Quality Dividend UCITS ETF | 2.52% | 2.70% | 2.40% | 2.79% | 2.97% | 2.30% | 2.58% | 3.30% | 3.23% | 0.45% |
WQDS.L iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist) | 2.15% | 2.34% | 2.56% | 2.86% | 2.97% | 2.70% | 3.03% | 3.10% | 0.00% | 0.00% |
Frequently Asked Questions
FLXX.L and WQDS.L have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FLXX.L is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FLXX.L is cheaper with a 0.30% expense ratio, compared with 0.38% for WQDS.L.
FLXX.L is categorized as Dividend, while WQDS.L is Global Equities. FLXX.L tracks Franklin Global Quality Dividend UCITS ETF, while WQDS.L tracks MSCI World High Dividend Yield ESG Reduced Carbon Target Select Index. They also come from different issuers: Franklin and iShares. Their fees differ too: 0.30% for FLXX.L and 0.38% for WQDS.L.
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