FVEM.DE vs. FLXB.DE
FVEM.DE (Franklin MSCI Emerging Markets Paris Aligned Climate UCITS ETF USD Capitalisation) and FLXB.DE (Franklin FTSE Brazil UCITS ETF) are both exchange-traded funds - FVEM.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets Climate Paris Aligned, while FLXB.DE is a Latin America Equities fund tracking the FTSE Brazil 30/18 Capped. Both are passively managed. Over the past 3 years, FVEM.DE returned 18.13%/yr vs 10.43%/yr for FLXB.DE. At a 0.45 correlation, their price movements are largely independent. FVEM.DE charges 0.18%/yr vs 0.19%/yr for FLXB.DE.
Performance
FVEM.DE vs. FLXB.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FVEM.DE achieves a 25.43% return, which is significantly higher than FLXB.DE's 15.75% return.
FVEM.DE
- 1D
- -1.33%
- 1M
- 4.58%
- YTD
- 25.43%
- 6M
- 27.21%
- 1Y
- 47.18%
- 3Y*
- 18.13%
- 5Y*
- —
- 10Y*
- —
FLXB.DE
- 1D
- -0.76%
- 1M
- -10.22%
- YTD
- 15.75%
- 6M
- 9.70%
- 1Y
- 32.46%
- 3Y*
- 10.43%
- 5Y*
- 6.83%
- 10Y*
- —
FVEM.DE vs. FLXB.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
FVEM.DE Franklin MSCI Emerging Markets Paris Aligned Climate UCITS ETF USD Capitalisation | 25.43% | 17.23% | 13.32% | 0.60% |
FLXB.DE Franklin FTSE Brazil UCITS ETF | 15.75% | 29.01% | -23.72% | 30.66% |
Correlation
The correlation between FVEM.DE and FLXB.DE is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Mar 13, 2023 | 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
FVEM.DE vs. FLXB.DE — Risk / Return Rank
FVEM.DE
FLXB.DE
FVEM.DE vs. FLXB.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin MSCI Emerging Markets Paris Aligned Climate UCITS ETF USD Capitalisation (FVEM.DE) and Franklin FTSE Brazil UCITS ETF (FLXB.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.
| FVEM.DE | FLXB.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.25 | ||
| Sortino ratioReturn per unit of downside risk | +1.65 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.25 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 4.42 | 2.31 | +2.12 |
| Martin ratioReturn relative to average drawdown | 16.79 | 7.41 | +9.39 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| FVEM.DE | FLXB.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.66 | 1.41 | +1.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.26 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.08 | 0.13 | +0.95 |
Drawdowns
FVEM.DE vs. FLXB.DE - Drawdown Comparison
The maximum FVEM.DE drawdown since its inception was -18.76%, smaller than the maximum FLXB.DE drawdown of -54.94%. Use the drawdown chart below to compare losses from any high point for FVEM.DE and FLXB.DE.
Loading charts...
Drawdown Indicators
| FVEM.DE | FLXB.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.76% | -54.94% | +36.18% |
Max Drawdown (1Y)Largest decline over 1 year | -10.62% | -14.01% | +3.39% |
Max Drawdown (3Y)Largest decline over 3 years | -18.76% | -25.88% | +7.12% |
Max Drawdown (5Y)Largest decline over 5 years | — | -28.51% | — |
Current DrawdownCurrent decline from peak | -2.08% | -14.01% | +11.93% |
Average DrawdownAverage peak-to-trough decline | -3.46% | -18.40% | +14.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.80% | 4.37% | -1.57% |
Volatility
FVEM.DE vs. FLXB.DE - Volatility Comparison
Franklin MSCI Emerging Markets Paris Aligned Climate UCITS ETF USD Capitalisation (FVEM.DE) and Franklin FTSE Brazil UCITS ETF (FLXB.DE) have volatilities of 7.26% and 6.93%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FVEM.DE | FLXB.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.26% | 6.93% | +0.33% |
Volatility (6M)Calculated over the trailing 6-month period | 14.82% | 19.35% | -4.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.67% | 22.98% | -5.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.04% | 25.95% | -9.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.04% | 31.07% | -15.03% |
FVEM.DE vs. FLXB.DE - Expense Ratio Comparison
FVEM.DE has a 0.18% expense ratio, which is lower than FLXB.DE'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
FVEM.DE vs. FLXB.DE - Dividend Comparison
Neither FVEM.DE nor FLXB.DE has paid dividends to shareholders.
Frequently Asked Questions
FVEM.DE and FLXB.DE have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FVEM.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FVEM.DE is cheaper with a 0.18% expense ratio, compared with 0.19% for FLXB.DE.
FVEM.DE is categorized as Emerging Markets Equities, while FLXB.DE is Latin America Equities. FVEM.DE tracks MSCI Emerging Markets Climate Paris Aligned, while FLXB.DE tracks FTSE Brazil 30/18 Capped. Their fees differ too: 0.18% for FVEM.DE and 0.19% for FLXB.DE.
Find the right allocation for FVEM.DE and FLXB.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