IQQT.DE vs. FLXK.DE

Last updated Jun 5, 2026

IQQT.DE (iShares MSCI Taiwan UCITS ETF) and FLXK.DE (Franklin FTSE Korea UCITS ETF) are both Asia Pacific Equities funds - IQQT.DE tracks the MSCI Taiwan 20/35 while FLXK.DE tracks the FTSE Korea 30/18 Capped. Both are passively managed. Over the past 5 years, IQQT.DE returned 22.82%/yr vs 20.42%/yr for FLXK.DE. A 0.68 correlation means they provide meaningful diversification when combined. IQQT.DE charges 0.74%/yr vs 0.09%/yr for FLXK.DE.

Performance

IQQT.DE vs. FLXK.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares MSCI Taiwan UCITS ETF (IQQT.DE) and Franklin FTSE Korea UCITS ETF (FLXK.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IQQT.DE achieves a 70.08% return, which is significantly lower than FLXK.DE's 113.07% return.

IQQT.DE

• 1D: -1.61%
• 1M: 12.50%
• YTD: 70.08%
• 6M: 72.22%
• 1Y: 110.41%
• 3Y*: 40.38%
• 5Y*: 22.82%
• 10Y*: 21.81%

FLXK.DE

• 1D: -5.45%
• 1M: 13.51%
• YTD: 113.07%
• 6M: 125.49%
• 1Y: 216.17%
• 3Y*: 46.07%
• 5Y*: 20.42%
• 10Y*: —

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

IQQT.DE vs. FLXK.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
IQQT.DE iShares MSCI Taiwan UCITS ETF	70.08%	17.20%	30.72%	24.49%	-25.21%	38.46%	22.44%	31.61%
FLXK.DE Franklin FTSE Korea UCITS ETF	113.07%	73.17%	-17.06%	16.74%	-23.45%	0.14%	34.15%	14.19%

Correlation

The correlation between IQQT.DE and FLXK.DE is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.68
Correlation (3Y) Calculated over the trailing 3-year period	0.63
Correlation (5Y) Calculated over the trailing 5-year period	0.65
Correlation (All Time) Calculated using the full available price history since Jun 6, 2019	0.68

The correlation between IQQT.DE and FLXK.DE has been stable across timeframes, ranging from 0.63 to 0.68 - a consistent structural relationship.

Return for Risk

IQQT.DE vs. FLXK.DE — Risk / Return Rank

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

IQQT.DE

IQQT.DE Risk / Return Rank: 96
IQQT.DE Sharpe Ratio Rank: 97
IQQT.DE Sortino Ratio Rank: 96
IQQT.DE Omega Ratio Rank: 95
IQQT.DE Calmar Ratio Rank: 98
IQQT.DE Martin Ratio Rank: 96

FLXK.DE

FLXK.DE Risk / Return Rank: 97
FLXK.DE Sharpe Ratio Rank: 98
FLXK.DE Sortino Ratio Rank: 96
FLXK.DE Omega Ratio Rank: 96
FLXK.DE Calmar Ratio Rank: 97
FLXK.DE Martin Ratio Rank: 96

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.

IQQT.DE vs. FLXK.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Taiwan UCITS ETF (IQQT.DE) and Franklin FTSE Korea UCITS ETF (FLXK.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.

	IQQT.DE	FLXK.DE	Difference
Sharpe ratio: Return per unit of total volatility	4.62	5.91	-1.29
Sortino ratio: Return per unit of downside risk	5.38	5.46	-0.08
Omega ratio: Gain probability vs. loss probability	1.72	1.79	-0.07
Calmar ratio: Return relative to maximum drawdown	12.46	10.68	+1.77
Martin ratio: Return relative to average drawdown	35.53	38.63	-3.09
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IQQT.DE vs. FLXK.DE - Sharpe Ratio Comparison

The current IQQT.DE Sharpe Ratio is 4.62, which is comparable to the FLXK.DE Sharpe Ratio of 5.91. The chart below compares the historical Sharpe Ratios of IQQT.DE and FLXK.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

	IQQT.DE	FLXK.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.62	5.91	-1.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.03	0.80	+0.23
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.04	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.48	0.84	-0.36

Drawdowns

IQQT.DE vs. FLXK.DE - Drawdown Comparison

The maximum IQQT.DE drawdown since its inception was -57.60%, which is greater than FLXK.DE's maximum drawdown of -39.43%. Use the drawdown chart below to compare losses from any high point for IQQT.DE and FLXK.DE.

Drawdown Indicators

	IQQT.DE	FLXK.DE	Difference
Max Drawdown Largest peak-to-trough decline	-57.60%	-39.43%	-18.17%
Max Drawdown (1Y) Largest decline over 1 year	-8.93%	-20.92%	+11.99%
Max Drawdown (3Y) Largest decline over 3 years	-31.65%	-29.99%	-1.66%
Max Drawdown (5Y) Largest decline over 5 years	-32.51%	-39.36%	+6.85%
Max Drawdown (10Y) Largest decline over 10 years	-32.51%	—	—
Current Drawdown Current decline from peak	-1.61%	-5.90%	+4.29%
Average Drawdown Average peak-to-trough decline	-12.71%	-15.54%	+2.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.14%	5.80%	-2.66%

Volatility

IQQT.DE vs. FLXK.DE - Volatility Comparison

The current volatility for iShares MSCI Taiwan UCITS ETF (IQQT.DE) is 10.13%, while Franklin FTSE Korea UCITS ETF (FLXK.DE) has a volatility of 17.58%. This indicates that IQQT.DE experiences smaller price fluctuations and is considered to be less risky than FLXK.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IQQT.DE	FLXK.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.13%	17.58%	-7.45%
Volatility (6M) Calculated over the trailing 6-month period	19.53%	33.23%	-13.70%
Volatility (1Y) Calculated over the trailing 1-year period	24.10%	37.87%	-13.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.89%	25.35%	-3.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.80%	26.75%	-5.95%

IQQT.DE vs. FLXK.DE - Expense Ratio Comparison

IQQT.DE has a 0.74% expense ratio, which is higher than FLXK.DE's 0.09% expense ratio.

Dividends

IQQT.DE vs. FLXK.DE - Dividend Comparison

IQQT.DE's dividend yield for the trailing twelve months is around 0.89%, while FLXK.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FLXK.DE Franklin FTSE Korea UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IQQT.DE iShares MSCI Taiwan UCITS ETF	0.89%	1.51%	1.36%	2.17%	3.61%	1.31%	1.80%	2.17%	2.76%	2.74%	2.91%	3.26%

Frequently Asked Questions

Can I hold both IQQT.DE and FLXK.DE in my portfolio?

IQQT.DE and FLXK.DE have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IQQT.DE or FLXK.DE?

On fees, FLXK.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IQQT.DE or FLXK.DE?

FLXK.DE is cheaper with a 0.09% expense ratio, compared with 0.74% for IQQT.DE.

What is the main difference between IQQT.DE and FLXK.DE?

IQQT.DE tracks MSCI Taiwan 20/35, while FLXK.DE tracks FTSE Korea 30/18 Capped. They also come from different issuers: iShares and Franklin Templeton. Their fees differ too: 0.74% for IQQT.DE and 0.09% for FLXK.DE.