FVSJ.DE vs. FVEM.DE

Last updated Jun 5, 2026

FVSJ.DE (Franklin FTSE Asia ex China ex Japan UCITS ETF) and FVEM.DE (Franklin MSCI Emerging Markets Paris Aligned Climate UCITS ETF USD Capitalisation) are both exchange-traded funds - FVSJ.DE is a Asia Pacific Equities fund tracking the FTSE Asia ex Japan ex China, while FVEM.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets Climate Paris Aligned. Both are passively managed. Over the past 3 years, FVSJ.DE returned 25.93%/yr vs 18.13%/yr for FVEM.DE. Their correlation of 0.83 suggests significant overlap in exposure. FVSJ.DE charges 0.14%/yr vs 0.18%/yr for FVEM.DE.

Performance

FVSJ.DE vs. FVEM.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Franklin FTSE Asia ex China ex Japan UCITS ETF (FVSJ.DE) and Franklin MSCI Emerging Markets Paris Aligned Climate UCITS ETF USD Capitalisation (FVEM.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FVSJ.DE achieves a 45.45% return, which is significantly higher than FVEM.DE's 25.43% return.

FVSJ.DE

• 1D: -1.75%
• 1M: 7.20%
• YTD: 45.45%
• 6M: 48.21%
• 1Y: 72.24%
• 3Y*: 25.93%
• 5Y*: 14.63%
• 10Y*: —

FVEM.DE

• 1D: -1.33%
• 1M: 2.95%
• YTD: 25.43%
• 6M: 26.43%
• 1Y: 46.35%
• 3Y*: 18.13%
• 5Y*: —
• 10Y*: —

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

FVSJ.DE vs. FVEM.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
FVSJ.DE Franklin FTSE Asia ex China ex Japan UCITS ETF	45.45%	15.41%	14.01%	5.64%
FVEM.DE Franklin MSCI Emerging Markets Paris Aligned Climate UCITS ETF USD Capitalisation	25.43%	17.23%	13.32%	0.60%

Correlation

The correlation between FVSJ.DE and FVEM.DE is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.86
Correlation (3Y) Calculated over the trailing 3-year period	0.83
Correlation (All Time) Calculated using the full available price history since Mar 13, 2023	0.83

The correlation between FVSJ.DE and FVEM.DE has been stable across timeframes, ranging from 0.83 to 0.86 - a consistent structural relationship.

Return for Risk

FVSJ.DE vs. FVEM.DE — Risk / Return Rank

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

FVSJ.DE

FVSJ.DE Risk / Return Rank: 93
FVSJ.DE Sharpe Ratio Rank: 94
FVSJ.DE Sortino Ratio Rank: 93
FVSJ.DE Omega Ratio Rank: 93
FVSJ.DE Calmar Ratio Rank: 92
FVSJ.DE Martin Ratio Rank: 92

FVEM.DE

FVEM.DE Risk / Return Rank: 83
FVEM.DE Sharpe Ratio Rank: 83
FVEM.DE Sortino Ratio Rank: 82
FVEM.DE Omega Ratio Rank: 81
FVEM.DE Calmar Ratio Rank: 84
FVEM.DE Martin Ratio Rank: 84

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.

FVSJ.DE vs. FVEM.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Asia ex China ex Japan UCITS ETF (FVSJ.DE) and Franklin MSCI Emerging Markets Paris Aligned Climate UCITS ETF USD Capitalisation (FVEM.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.

	FVSJ.DE	FVEM.DE	Difference
Sharpe ratio: Return per unit of total volatility	3.60	2.66	+0.94
Sortino ratio: Return per unit of downside risk	4.52	3.59	+0.93
Omega ratio: Gain probability vs. loss probability	1.64	1.47	+0.16
Calmar ratio: Return relative to maximum drawdown	6.17	4.42	+1.75
Martin ratio: Return relative to average drawdown	23.31	16.79	+6.51
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FVSJ.DE vs. FVEM.DE - Sharpe Ratio Comparison

The current FVSJ.DE Sharpe Ratio is 3.60, which is higher than the FVEM.DE Sharpe Ratio of 2.66. The chart below compares the historical Sharpe Ratios of FVSJ.DE and FVEM.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

	FVSJ.DE	FVEM.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.60	2.66	+0.94
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.94	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.65	1.08	-0.43

Drawdowns

FVSJ.DE vs. FVEM.DE - Drawdown Comparison

The maximum FVSJ.DE drawdown since its inception was -26.95%, which is greater than FVEM.DE's maximum drawdown of -18.76%. Use the drawdown chart below to compare losses from any high point for FVSJ.DE and FVEM.DE.

Drawdown Indicators

	FVSJ.DE	FVEM.DE	Difference
Max Drawdown Largest peak-to-trough decline	-26.95%	-18.76%	-8.19%
Max Drawdown (1Y) Largest decline over 1 year	-11.93%	-10.62%	-1.31%
Max Drawdown (3Y) Largest decline over 3 years	-21.76%	-18.76%	-3.00%
Max Drawdown (5Y) Largest decline over 5 years	-21.76%	—	—
Current Drawdown Current decline from peak	-2.76%	-2.08%	-0.68%
Average Drawdown Average peak-to-trough decline	-5.16%	-3.46%	-1.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.16%	2.80%	+0.36%

Volatility

FVSJ.DE vs. FVEM.DE - Volatility Comparison

Franklin FTSE Asia ex China ex Japan UCITS ETF (FVSJ.DE) has a higher volatility of 9.05% compared to Franklin MSCI Emerging Markets Paris Aligned Climate UCITS ETF USD Capitalisation (FVEM.DE) at 7.26%. This indicates that FVSJ.DE's price experiences larger fluctuations and is considered to be riskier than FVEM.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FVSJ.DE	FVEM.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.05%	7.26%	+1.79%
Volatility (6M) Calculated over the trailing 6-month period	17.69%	14.82%	+2.87%
Volatility (1Y) Calculated over the trailing 1-year period	20.43%	17.67%	+2.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.44%	16.04%	-0.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.16%	16.04%	+1.12%

FVSJ.DE vs. FVEM.DE - Expense Ratio Comparison

FVSJ.DE has a 0.14% expense ratio, which is lower than FVEM.DE's 0.18% 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

FVSJ.DE vs. FVEM.DE - Dividend Comparison

Neither FVSJ.DE nor FVEM.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both FVSJ.DE and FVEM.DE in my portfolio?

FVSJ.DE and FVEM.DE have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FVSJ.DE or FVEM.DE?

On fees, FVSJ.DE is cheaper at 0.14% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FVSJ.DE or FVEM.DE?

FVSJ.DE is cheaper with a 0.14% expense ratio, compared with 0.18% for FVEM.DE.

What is the main difference between FVSJ.DE and FVEM.DE?

FVSJ.DE is categorized as Asia Pacific Equities, while FVEM.DE is Emerging Markets Equities. FVSJ.DE tracks FTSE Asia ex Japan ex China, while FVEM.DE tracks MSCI Emerging Markets Climate Paris Aligned. Their fees differ too: 0.14% for FVSJ.DE and 0.18% for FVEM.DE.