IIND.L vs. FRXT.L
IIND.L (iShares MSCI India UCITS ETF USD (Acc)) and FRXT.L (Franklin FTSE Taiwan UCITS ETF) are both Asia Pacific Equities funds - IIND.L tracks the MSCI India NR USD while FRXT.L tracks the MSCI Taiwan NR USD. Both are passively managed. Over the past 3 years, IIND.L returned 2.69%/yr vs 41.30%/yr for FRXT.L. At a 0.30 correlation, their price movements are largely independent. IIND.L charges 0.65%/yr vs 0.19%/yr for FRXT.L.
Performance
IIND.L vs. FRXT.L - Performance Comparison
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Returns By Period
In the year-to-date period, IIND.L achieves a -13.04% return, which is significantly lower than FRXT.L's 67.83% return.
IIND.L
- 1D
- 1.17%
- 1M
- -1.77%
- YTD
- -13.04%
- 6M
- -13.23%
- 1Y
- -11.37%
- 3Y*
- 2.69%
- 5Y*
- 4.52%
- 10Y*
- —
FRXT.L
- 1D
- -1.47%
- 1M
- 15.57%
- YTD
- 67.83%
- 6M
- 73.29%
- 1Y
- 121.18%
- 3Y*
- 41.30%
- 5Y*
- —
- 10Y*
- —
IIND.L vs. FRXT.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
IIND.L iShares MSCI India UCITS ETF USD (Acc) | -13.04% | -2.93% | 11.04% | 12.49% | 6.58% |
FRXT.L Franklin FTSE Taiwan UCITS ETF | 67.83% | 25.34% | 25.66% | 22.61% | -17.25% |
Correlation
The correlation between IIND.L and FRXT.L is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Mar 24, 2022 | 0.30 |
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Return for Risk
IIND.L vs. FRXT.L — Risk / Return Rank
IIND.L
FRXT.L
IIND.L vs. FRXT.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI India UCITS ETF USD (Acc) (IIND.L) and Franklin FTSE Taiwan UCITS ETF (FRXT.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.
| IIND.L | FRXT.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -6.15 | ||
| Sortino ratioReturn per unit of downside risk | -7.08 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.87 | -0.98 |
| Calmar ratioReturn relative to maximum drawdown | -0.57 | 13.25 | -13.82 |
| Martin ratioReturn relative to average drawdown | -1.28 | 38.41 | -39.69 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IIND.L | FRXT.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.72 | 5.43 | -6.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.28 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.30 | 1.28 | -0.98 |
Drawdowns
IIND.L vs. FRXT.L - Drawdown Comparison
The maximum IIND.L drawdown since its inception was -36.72%, which is greater than FRXT.L's maximum drawdown of -28.86%. Use the drawdown chart below to compare losses from any high point for IIND.L and FRXT.L.
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Drawdown Indicators
| IIND.L | FRXT.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.72% | -28.86% | -7.86% |
Max Drawdown (1Y)Largest decline over 1 year | -19.77% | -9.09% | -10.68% |
Max Drawdown (3Y)Largest decline over 3 years | -24.77% | -28.86% | +4.09% |
Max Drawdown (5Y)Largest decline over 5 years | -24.77% | — | — |
Current DrawdownCurrent decline from peak | -21.93% | -1.57% | -20.36% |
Average DrawdownAverage peak-to-trough decline | -7.75% | -6.95% | -0.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.85% | 3.14% | +5.71% |
Volatility
IIND.L vs. FRXT.L - Volatility Comparison
The current volatility for iShares MSCI India UCITS ETF USD (Acc) (IIND.L) is 6.07%, while Franklin FTSE Taiwan UCITS ETF (FRXT.L) has a volatility of 9.21%. This indicates that IIND.L experiences smaller price fluctuations and is considered to be less risky than FRXT.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IIND.L | FRXT.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.07% | 9.21% | -3.14% |
Volatility (6M)Calculated over the trailing 6-month period | 13.29% | 17.85% | -4.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.71% | 22.19% | -6.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.11% | 20.73% | -4.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.76% | 20.73% | +0.03% |
IIND.L vs. FRXT.L - Expense Ratio Comparison
IIND.L has a 0.65% expense ratio, which is higher than FRXT.L's 0.19% expense ratio.
Dividends
IIND.L vs. FRXT.L - Dividend Comparison
Neither IIND.L nor FRXT.L has paid dividends to shareholders.
Frequently Asked Questions
IIND.L and FRXT.L have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FRXT.L is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FRXT.L is cheaper with a 0.19% expense ratio, compared with 0.65% for IIND.L.
IIND.L tracks MSCI India NR USD, while FRXT.L tracks MSCI Taiwan NR USD. They also come from different issuers: iShares and Franklin Templeton. Their fees differ too: 0.65% for IIND.L and 0.19% for FRXT.L.
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