ISX5.L vs. FRXD.L
ISX5.L (iShares Core EURO STOXX 50 UCITS ETF) and FRXD.L (Franklin European Quality Dividend UCITS ETF EUR (Dist)) are both Europe Equities funds - ISX5.L tracks the MSCI EMU NR EUR while FRXD.L tracks the LibertyQ European Dividend Index-NR. Both are passively managed. Over the past 5 years, ISX5.L returned 11.64%/yr vs 11.86%/yr for FRXD.L. A 0.71 correlation means they provide meaningful diversification when combined. ISX5.L charges 0.00%/yr vs 0.25%/yr for FRXD.L.
Performance
ISX5.L vs. FRXD.L - Performance Comparison
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Different Trading Currencies
ISX5.L is traded in USD, while FRXD.L is traded in EUR. To make them comparable, the FRXD.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, ISX5.L achieves a 7.09% return, which is significantly lower than FRXD.L's 9.92% return.
ISX5.L
- 1D
- -0.86%
- 1M
- -2.12%
- 6M
- 4.12%
- YTD
- 7.09%
- 1Y
- 17.41%
- 3Y*
- 16.45%
- 5Y*
- 11.64%
- 10Y*
- 12.48%
FRXD.L
- 1D
- 0.75%
- 1M
- -0.26%
- 6M
- 10.22%
- YTD
- 9.92%
- 1Y
- 18.70%
- 3Y*
- 20.09%
- 5Y*
- 11.86%
- 10Y*
- —
ISX5.L vs. FRXD.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ISX5.L iShares Core EURO STOXX 50 UCITS ETF | 7.09% | 37.35% | 4.59% | 26.91% | -13.63% | 13.94% | 6.81% | 25.61% | 1.58% | 2.01% |
FRXD.L Franklin European Quality Dividend UCITS ETF EUR (Dist) | 9.92% | 40.67% | 5.78% | 13.81% | -6.02% | 9.28% | 4.18% | 22.05% | -13.54% | -0.85% |
Correlation
The correlation between ISX5.L and FRXD.L is 0.55, 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 | 0.55 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.57 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.69 |
Correlation (All Time) Calculated using the full available price history since Sep 8, 2017 | 0.71 |
The correlation between ISX5.L and FRXD.L shifts across timeframes, from 0.55 (1 year) to 0.71 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ISX5.L vs. FRXD.L — Risk / Return Rank
ISX5.L
FRXD.L
ISX5.L vs. FRXD.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core EURO STOXX 50 UCITS ETF (ISX5.L) and Franklin European Quality Dividend UCITS ETF EUR (Dist) (FRXD.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.
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.
| ISX5.L | FRXD.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.75 | ||
| Sortino ratioReturn per unit of downside risk | -0.89 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.30 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 1.34 | 3.92 | -2.58 |
| Martin ratioReturn relative to average drawdown | 4.55 | 8.88 | -4.33 |
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Drawdowns
ISX5.L vs. FRXD.L - Drawdown Comparison
The maximum ISX5.L drawdown since its inception was -38.62%, roughly equal to the maximum FRXD.L drawdown of -36.94%. Use the drawdown chart below to compare losses from any high point for ISX5.L and FRXD.L.
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Drawdown Indicators
| ISX5.L | FRXD.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.62% | -36.94% | -1.68% |
Max Drawdown (1Y)Largest decline over 1 year | -12.92% | -4.75% | -8.17% |
Max Drawdown (3Y)Largest decline over 3 years | -15.36% | -10.09% | -5.27% |
Max Drawdown (5Y)Largest decline over 5 years | -34.86% | -26.28% | -8.58% |
Max Drawdown (10Y)Largest decline over 10 years | -38.62% | — | — |
Current DrawdownCurrent decline from peak | -2.77% | -2.25% | -0.52% |
Average DrawdownAverage peak-to-trough decline | -8.30% | -6.09% | -2.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.82% | 2.10% | +1.72% |
Volatility
ISX5.L vs. FRXD.L - Volatility Comparison
iShares Core EURO STOXX 50 UCITS ETF (ISX5.L) has a higher volatility of 4.87% compared to Franklin European Quality Dividend UCITS ETF EUR (Dist) (FRXD.L) at 2.70%. This indicates that ISX5.L's price experiences larger fluctuations and is considered to be riskier than FRXD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ISX5.L | FRXD.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.87% | 2.70% | +2.17% |
Volatility (6M)Calculated over the trailing 6-month period | 15.65% | 8.58% | +7.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.33% | 10.98% | +7.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.90% | 14.45% | +7.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.71% | 15.62% | +6.09% |
ISX5.L vs. FRXD.L - Expense Ratio Comparison
ISX5.L has a 0.00% expense ratio, which is lower than FRXD.L's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
ISX5.L vs. FRXD.L - Dividend Comparison
ISX5.L has not paid dividends to shareholders, while FRXD.L's dividend yield for the trailing twelve months is around 3.91%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
FRXD.L Franklin European Quality Dividend UCITS ETF EUR (Dist) | 3.91% | 4.28% | 4.30% | 5.00% | 5.20% | 4.63% | 3.53% | 4.42% | 5.53% |
ISX5.L iShares Core EURO STOXX 50 UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ISX5.L and FRXD.L have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ISX5.L is cheaper at 0.00% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ISX5.L is cheaper with a 0.00% expense ratio, compared with 0.25% for FRXD.L.
ISX5.L tracks MSCI EMU NR EUR, while FRXD.L tracks LibertyQ European Dividend Index-NR. They also come from different issuers: iShares and Franklin. Their fees differ too: 0.00% for ISX5.L and 0.25% for FRXD.L.
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