FVUB.L vs. FRQX.L

Last updated Apr 2, 2026

Compare and contrast key facts about Franklin FTSE Brazil UCITS ETF (FVUB.L) and Franklin AC Asia ex Japan UCITS ETF (FRQX.L).

FVUB.L and FRQX.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FVUB.L is a passively managed fund by Franklin Templeton that tracks the performance of the MSCI Brazil NR USD. It was launched on Jun 4, 2019. FRQX.L is a passively managed fund by Franklin Templeton that tracks the performance of the MSCI AC Asia Ex Japan NR USD. It was launched on Sep 27, 2018. Both FVUB.L and FRQX.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

FVUB.L vs. FRQX.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Franklin FTSE Brazil UCITS ETF (FVUB.L) and Franklin AC Asia ex Japan UCITS ETF (FRQX.L). The values are adjusted to include any dividend payments, if applicable.

FVUB.L vs. FRQX.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
FVUB.L Franklin FTSE Brazil UCITS ETF	24.97%	35.51%	-26.77%	26.33%	23.83%	-15.44%	-22.19%	-14.94%
FRQX.L Franklin AC Asia ex Japan UCITS ETF	10.58%	21.13%	9.39%	5.79%	-2.53%	5.94%	3.15%	2.84%

Returns By Period

In the year-to-date period, FVUB.L achieves a 24.97% return, which is significantly higher than FRQX.L's 10.58% return.

FVUB.L

• 1D: 1.53%
• 1M: 2.10%
• YTD: 24.97%
• 6M: 34.00%
• 1Y: 48.83%
• 3Y*: 17.90%
• 5Y*: 13.38%
• 10Y*: —

FRQX.L

• 1D: 3.80%
• 1M: -8.35%
• YTD: 10.58%
• 6M: 19.94%
• 1Y: 43.13%
• 3Y*: 15.04%
• 5Y*: 8.88%
• 10Y*: —

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

FVUB.L vs. FRQX.L - Expense Ratio Comparison

FVUB.L has a 0.19% expense ratio, which is lower than FRQX.L's 0.40% expense ratio.

FRQX.L

Franklin AC Asia ex Japan UCITS ETF

FVUB.L

Franklin FTSE Brazil UCITS ETF

Return for Risk

FVUB.L vs. FRQX.L — Risk / Return Rank

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

FVUB.L

FVUB.L Risk / Return Rank: 91
FVUB.L Sharpe Ratio Rank: 91
FVUB.L Sortino Ratio Rank: 91
FVUB.L Omega Ratio Rank: 87
FVUB.L Calmar Ratio Rank: 96
FVUB.L Martin Ratio Rank: 91

FRQX.L

FRQX.L Risk / Return Rank: 93
FRQX.L Sharpe Ratio Rank: 93
FRQX.L Sortino Ratio Rank: 94
FRQX.L Omega Ratio Rank: 92
FRQX.L Calmar Ratio Rank: 92
FRQX.L Martin Ratio Rank: 91

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.

FVUB.L vs. FRQX.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Brazil UCITS ETF (FVUB.L) and Franklin AC Asia ex Japan UCITS ETF (FRQX.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.

	FVUB.L	FRQX.L	Difference
Sharpe ratio Return per unit of total volatility	2.13	2.33	-0.19
Sortino ratio Return per unit of downside risk	2.77	3.09	-0.33
Omega ratio Gain probability vs. loss probability	1.37	1.43	-0.06
Calmar ratio Return relative to maximum drawdown	4.81	3.66	+1.14
Martin ratio Return relative to average drawdown	13.75	13.56	+0.20
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FVUB.L vs. FRQX.L - Sharpe Ratio Comparison

The current FVUB.L Sharpe Ratio is 2.13, which is comparable to the FRQX.L Sharpe Ratio of 2.33. The chart below compares the historical Sharpe Ratios of FVUB.L and FRQX.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FVUB.L	FRQX.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.13	2.33	-0.19
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.52	0.63	-0.11
Sharpe Ratio (All Time) Calculated using the full available price history	0.04	0.44	-0.41

Correlation

The correlation between FVUB.L and FRQX.L is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

FVUB.L vs. FRQX.L - Dividend Comparison

Neither FVUB.L nor FRQX.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

FVUB.L vs. FRQX.L - Drawdown Comparison

The maximum FVUB.L drawdown since its inception was -58.22%, which is greater than FRQX.L's maximum drawdown of -20.77%. Use the drawdown chart below to compare losses from any high point for FVUB.L and FRQX.L.

Drawdown Indicators

	FVUB.L	FRQX.L	Difference
Max Drawdown Largest peak-to-trough decline	-58.22%	-20.77%	-37.45%
Max Drawdown (1Y) Largest decline over 1 year	-10.41%	-11.75%	+1.34%
Max Drawdown (5Y) Largest decline over 5 years	-29.42%	-19.42%	-10.00%
Current Drawdown Current decline from peak	0.00%	-8.39%	+8.39%
Average Drawdown Average peak-to-trough decline	-28.32%	-3.99%	-24.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.64%	3.17%	+0.47%

Volatility

FVUB.L vs. FRQX.L - Volatility Comparison

The current volatility for Franklin FTSE Brazil UCITS ETF (FVUB.L) is 7.99%, while Franklin AC Asia ex Japan UCITS ETF (FRQX.L) has a volatility of 9.54%. This indicates that FVUB.L experiences smaller price fluctuations and is considered to be less risky than FRQX.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FVUB.L	FRQX.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.99%	9.54%	-1.55%
Volatility (6M) Calculated over the trailing 6-month period	17.49%	14.51%	+2.98%
Volatility (1Y) Calculated over the trailing 1-year period	22.83%	18.48%	+4.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.56%	14.10%	+11.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.61%	16.09%	+15.52%