IBDRY vs. FLKR

Last updated Jul 14, 2026

IBDRY (Iberdrola SA) is a stock, while FLKR (Franklin FTSE South Korea ETF) is South Korea Equities fund tracking the FTSE South Korea RIC Capped Index. Over the past 5 years, IBDRY returned 20.05%/yr vs 14.98%/yr for FLKR. At a 0.29 correlation, their price movements are largely independent.

Performance

IBDRY vs. FLKR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Iberdrola SA (IBDRY) and Franklin FTSE South Korea ETF (FLKR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IBDRY achieves a 15.46% return, which is significantly lower than FLKR's 73.03% return.

IBDRY

• 1D: 0.74%
• 1M: 4.48%
• 6M: 14.78%
• YTD: 15.46%
• 1Y: 37.03%
• 3Y*: 29.61%
• 5Y*: 20.05%
• 10Y*: 19.31%

FLKR

• 1D: -8.04%
• 1M: -12.65%
• 6M: 55.54%
• YTD: 73.03%
• 1Y: 132.73%
• 3Y*: 39.36%
• 5Y*: 14.98%
• 10Y*: —

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

IBDRY vs. FLKR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IBDRY Iberdrola SA	15.46%	65.75%	10.02%	17.36%	3.59%	-15.13%	44.34%	33.28%	7.72%	-2.77%
FLKR Franklin FTSE South Korea ETF	73.03%	91.91%	-18.84%	19.16%	-27.50%	-7.54%	42.64%	8.88%	-21.30%	3.00%

Correlation

The correlation between IBDRY and FLKR is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.18
Correlation (3Y) Calculated over the trailing 3-year period	0.21
Correlation (5Y) Calculated over the trailing 5-year period	0.27
Correlation (All Time) Calculated using the full available price history since Nov 6, 2017	0.29

The correlation between IBDRY and FLKR shifts across timeframes, from 0.18 (1 year) to 0.29 (all time), reflecting how their relationship changes across market environments.

Return for Risk

IBDRY vs. FLKR — Risk / Return Rank

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

IBDRY

IBDRY Risk / Return Rank: 91
IBDRY Sharpe Ratio Rank: 92
IBDRY Sortino Ratio Rank: 89
IBDRY Omega Ratio Rank: 90
IBDRY Calmar Ratio Rank: 91
IBDRY Martin Ratio Rank: 92

FLKR

FLKR Risk / Return Rank: 89
FLKR Sharpe Ratio Rank: 93
FLKR Sortino Ratio Rank: 81
FLKR Omega Ratio Rank: 87
FLKR Calmar Ratio Rank: 94
FLKR Martin Ratio Rank: 92

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.

IBDRY vs. FLKR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Iberdrola SA (IBDRY) and Franklin FTSE South Korea ETF (FLKR). 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.

	IBDRY	FLKR	Difference
Sharpe ratio: Return per unit of total volatility	2.10	2.65	-0.56
Sortino ratio: Return per unit of downside risk	2.70	2.85	-0.15
Omega ratio: Gain probability vs. loss probability	1.37	1.42	-0.05
Calmar ratio: Return relative to maximum drawdown	4.06	5.74	-1.69
Martin ratio: Return relative to average drawdown	10.84	17.85	-7.01

IBDRY vs. FLKR - Sharpe Ratio Comparison

The current IBDRY Sharpe Ratio is 2.10, which is comparable to the FLKR Sharpe Ratio of 2.65. The chart below compares the historical Sharpe Ratios of IBDRY and FLKR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

IBDRY vs. FLKR - Drawdown Comparison

The maximum IBDRY drawdown since its inception was -77.08%, which is greater than FLKR's maximum drawdown of -50.06%. Use the drawdown chart below to compare losses from any high point for IBDRY and FLKR.

Drawdown Indicators

	IBDRY	FLKR	Difference
Max Drawdown Largest peak-to-trough decline	-77.08%	-50.06%	-27.02%
Max Drawdown (1Y) Largest decline over 1 year	-9.17%	-23.24%	+14.07%
Max Drawdown (3Y) Largest decline over 3 years	-18.72%	-26.39%	+7.67%
Max Drawdown (5Y) Largest decline over 5 years	-26.79%	-48.14%	+21.35%
Max Drawdown (10Y) Largest decline over 10 years	-37.43%	—	—
Current Drawdown Current decline from peak	-1.74%	-23.24%	+21.50%
Average Drawdown Average peak-to-trough decline	-29.34%	-21.93%	-7.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.43%	7.47%	-4.04%

Volatility

IBDRY vs. FLKR - Volatility Comparison

The current volatility for Iberdrola SA (IBDRY) is 5.38%, while Franklin FTSE South Korea ETF (FLKR) has a volatility of 25.87%. This indicates that IBDRY experiences smaller price fluctuations and is considered to be less risky than FLKR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IBDRY	FLKR	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.38%	25.87%	-20.49%
Volatility (6M) Calculated over the trailing 6-month period	14.08%	47.53%	-33.45%
Volatility (1Y) Calculated over the trailing 1-year period	17.79%	50.45%	-32.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.32%	31.20%	-9.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.87%	29.25%	-6.38%

Dividends

IBDRY vs. FLKR - Dividend Comparison

IBDRY's dividend yield for the trailing twelve months is around 3.28%, more than FLKR's 2.67% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FLKR Franklin FTSE South Korea ETF	2.67%	3.87%	7.08%	2.28%	3.13%	2.12%	0.99%	2.09%	1.86%	1.02%	0.00%	0.00%
IBDRY Iberdrola SA	3.28%	4.18%	4.38%	4.11%	4.14%	3.77%	2.83%	3.01%	3.76%	7.28%	10.00%	1.71%

Frequently Asked Questions

Can I hold both IBDRY and FLKR in my portfolio?

IBDRY and FLKR have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IBDRY or FLKR?

FLKR has higher volatility (25.87%) compared to IBDRY (5.38%). In terms of maximum drawdown, IBDRY dropped -77.08% vs FLKR's -50.06%.

Which has better risk-adjusted returns?

FLKR currently has the higher Sharpe Ratio (2.65 vs 2.10), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.