HYEA.L vs. FKRCX

Last updated Jun 5, 2026

HYEA.L (iShares Global High Yield Corporate Bond UCITS ETF) and FKRCX (Franklin Gold and Precious Metals Fund) are both funds - HYEA.L is a High Yield Bonds fund tracking the ICE BofA Gbl HY Constnd TR USD, while FKRCX is a Precious Metals fund managed by Franklin Templeton. Over the past 5 years, HYEA.L returned 3.95%/yr vs 21.68%/yr for FKRCX. At a 0.04 correlation, their price movements are largely independent. HYEA.L charges 0.50%/yr vs 0.88%/yr for FKRCX.

Performance

HYEA.L vs. FKRCX - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares Global High Yield Corporate Bond UCITS ETF (HYEA.L) and Franklin Gold and Precious Metals Fund (FKRCX). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

HYEA.L is traded in EUR, while FKRCX is traded in USD. To make them comparable, the FKRCX values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, HYEA.L achieves a 1.74% return, which is significantly lower than FKRCX's 4.42% return.

HYEA.L

• 1D: 0.03%
• 1M: 0.88%
• YTD: 1.74%
• 6M: 1.78%
• 1Y: 4.39%
• 3Y*: 6.09%
• 5Y*: 3.95%
• 10Y*: —

FKRCX

• 1D: 0.27%
• 1M: -5.58%
• YTD: 4.42%
• 6M: 15.23%
• 1Y: 73.99%
• 3Y*: 48.33%
• 5Y*: 21.68%
• 10Y*: 15.02%

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

HYEA.L vs. FKRCX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HYEA.L iShares Global High Yield Corporate Bond UCITS ETF	1.74%	1.53%	9.22%	9.21%	-6.45%	8.26%	-1.76%	14.15%	0.72%	-1.89%
FKRCX Franklin Gold and Precious Metals Fund	4.42%	161.39%	25.41%	-1.03%	-18.72%	3.15%	32.41%	54.90%	-14.27%	1.17%

Correlation

The correlation between HYEA.L and FKRCX is 0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.00
Correlation (3Y) Calculated over the trailing 3-year period	0.09
Correlation (5Y) Calculated over the trailing 5-year period	0.13
Correlation (All Time) Calculated using the full available price history since Oct 25, 2017	0.04

The correlation between HYEA.L and FKRCX shifts across timeframes, from 0.00 (1 year) to 0.13 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

HYEA.L vs. FKRCX — Risk / Return Rank

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

HYEA.L

HYEA.L Risk / Return Rank: 40
HYEA.L Sharpe Ratio Rank: 36
HYEA.L Sortino Ratio Rank: 36
HYEA.L Omega Ratio Rank: 34
HYEA.L Calmar Ratio Rank: 47
HYEA.L Martin Ratio Rank: 49

FKRCX

FKRCX Risk / Return Rank: 38
FKRCX Sharpe Ratio Rank: 44
FKRCX Sortino Ratio Rank: 31
FKRCX Omega Ratio Rank: 37
FKRCX Calmar Ratio Rank: 46
FKRCX Martin Ratio Rank: 31

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.

HYEA.L vs. FKRCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Global High Yield Corporate Bond UCITS ETF (HYEA.L) and Franklin Gold and Precious Metals Fund (FKRCX). 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.

	HYEA.L	FKRCX	Difference
Sharpe ratio: Return per unit of total volatility	1.28	1.87	-0.60
Sortino ratio: Return per unit of downside risk	1.86	2.23	-0.37
Omega ratio: Gain probability vs. loss probability	1.23	1.32	-0.09
Calmar ratio: Return relative to maximum drawdown	2.25	2.47	-0.21
Martin ratio: Return relative to average drawdown	8.04	6.81	+1.23
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HYEA.L vs. FKRCX - Sharpe Ratio Comparison

The current HYEA.L Sharpe Ratio is 1.28, which is lower than the FKRCX Sharpe Ratio of 1.87. The chart below compares the historical Sharpe Ratios of HYEA.L and FKRCX, 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

	HYEA.L	FKRCX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.28	1.87	-0.60
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.73	0.70	+0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.49	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	0.25	+0.30

Drawdowns

HYEA.L vs. FKRCX - Drawdown Comparison

The maximum HYEA.L drawdown since its inception was -22.34%, smaller than the maximum FKRCX drawdown of -74.19%. Use the drawdown chart below to compare losses from any high point for HYEA.L and FKRCX.

Drawdown Indicators

	HYEA.L	FKRCX	Difference
Max Drawdown Largest peak-to-trough decline	-22.34%	-74.19%	+51.85%
Max Drawdown (1Y) Largest decline over 1 year	-1.89%	-30.44%	+28.55%
Max Drawdown (3Y) Largest decline over 3 years	-6.63%	-30.44%	+23.81%
Max Drawdown (5Y) Largest decline over 5 years	-9.74%	-43.19%	+33.45%
Max Drawdown (10Y) Largest decline over 10 years	—	-51.41%	—
Current Drawdown Current decline from peak	0.00%	-22.77%	+22.77%
Average Drawdown Average peak-to-trough decline	-2.61%	-37.62%	+35.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.53%	11.00%	-10.47%

Volatility

HYEA.L vs. FKRCX - Volatility Comparison

The current volatility for iShares Global High Yield Corporate Bond UCITS ETF (HYEA.L) is 0.89%, while Franklin Gold and Precious Metals Fund (FKRCX) has a volatility of 13.17%. This indicates that HYEA.L experiences smaller price fluctuations and is considered to be less risky than FKRCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HYEA.L	FKRCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.89%	13.17%	-12.28%
Volatility (6M) Calculated over the trailing 6-month period	2.38%	33.46%	-31.08%
Volatility (1Y) Calculated over the trailing 1-year period	3.35%	40.12%	-36.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.44%	31.00%	-25.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.93%	30.68%	-23.75%

HYEA.L vs. FKRCX - Expense Ratio Comparison

HYEA.L has a 0.50% expense ratio, which is lower than FKRCX's 0.88% expense ratio.

Dividends

HYEA.L vs. FKRCX - Dividend Comparison

HYEA.L has not paid dividends to shareholders, while FKRCX's dividend yield for the trailing twelve months is around 10.41%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
FKRCX Franklin Gold and Precious Metals Fund	10.41%	10.75%	13.44%	3.12%	0.00%	9.37%	10.55%	0.00%	0.00%	0.37%	8.73%
HYEA.L iShares Global High Yield Corporate Bond UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both HYEA.L and FKRCX in my portfolio?

HYEA.L and FKRCX have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.