IWVU.L vs. FLXK.L
IWVU.L (iShares Edge MSCI World Value Factor UCITS ETF USD (Dist)) and FLXK.L (Franklin FTSE Korea UCITS ETF) are both Global Equities funds - IWVU.L tracks the iShares Edge MSCI World Value Factor UCITS ETF USD (Dist) while FLXK.L tracks the Franklin FTSE Korea UCITS ETF. Both are passively managed. Over the past 5 years, IWVU.L returned 16.33%/yr vs 15.67%/yr for FLXK.L. A 0.63 correlation means they provide meaningful diversification when combined. IWVU.L charges 0.30%/yr vs 0.09%/yr for FLXK.L.
Performance
IWVU.L vs. FLXK.L - Performance Comparison
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Returns By Period
In the year-to-date period, IWVU.L achieves a 28.22% return, which is significantly lower than FLXK.L's 75.46% return.
IWVU.L
- 1D
- -0.53%
- 1M
- -4.95%
- 6M
- 24.05%
- YTD
- 28.22%
- 1Y
- 55.13%
- 3Y*
- 26.33%
- 5Y*
- 16.33%
- 10Y*
- —
FLXK.L
- 1D
- -1.68%
- 1M
- -19.56%
- 6M
- 57.13%
- YTD
- 75.46%
- 1Y
- 141.50%
- 3Y*
- 39.45%
- 5Y*
- 15.67%
- 10Y*
- —
IWVU.L vs. FLXK.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
IWVU.L iShares Edge MSCI World Value Factor UCITS ETF USD (Dist) | 28.22% | 40.59% | 4.85% | 19.74% | -9.88% | 20.13% | -3.59% | 15.81% |
FLXK.L Franklin FTSE Korea UCITS ETF | 75.46% | 94.79% | -21.63% | 20.77% | -28.01% | -6.85% | 47.31% | 13.27% |
Correlation
The correlation between IWVU.L and FLXK.L is 0.70, 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 | 0.70 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.63 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since Jun 4, 2019 | 0.63 |
The correlation between IWVU.L and FLXK.L has been stable across timeframes, ranging from 0.63 to 0.70 - a consistent structural relationship.
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Return for Risk
IWVU.L vs. FLXK.L — Risk / Return Rank
IWVU.L
FLXK.L
IWVU.L vs. FLXK.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI World Value Factor UCITS ETF USD (Dist) (IWVU.L) and Franklin FTSE Korea UCITS ETF (FLXK.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.
| IWVU.L | FLXK.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.14 | ||
| Sortino ratioReturn per unit of downside risk | +1.20 | ||
| Omega ratioGain probability vs. loss probability | 1.58 | 1.47 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 6.52 | 5.86 | +0.66 |
| Martin ratioReturn relative to average drawdown | 22.24 | 18.40 | +3.84 |
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Drawdowns
IWVU.L vs. FLXK.L - Drawdown Comparison
The maximum IWVU.L drawdown since its inception was -36.21%, smaller than the maximum FLXK.L drawdown of -49.43%. Use the drawdown chart below to compare losses from any high point for IWVU.L and FLXK.L.
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Drawdown Indicators
| IWVU.L | FLXK.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.21% | -49.43% | +13.22% |
Max Drawdown (1Y)Largest decline over 1 year | -8.56% | -24.10% | +15.54% |
Max Drawdown (3Y)Largest decline over 3 years | -14.45% | -28.54% | +14.09% |
Max Drawdown (5Y)Largest decline over 5 years | -26.58% | -47.00% | +20.42% |
Current DrawdownCurrent decline from peak | -5.33% | -24.10% | +18.77% |
Average DrawdownAverage peak-to-trough decline | -6.67% | -20.23% | +13.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.52% | 7.70% | -5.18% |
Volatility
IWVU.L vs. FLXK.L - Volatility Comparison
The current volatility for iShares Edge MSCI World Value Factor UCITS ETF USD (Dist) (IWVU.L) is 6.26%, while Franklin FTSE Korea UCITS ETF (FLXK.L) has a volatility of 19.75%. This indicates that IWVU.L experiences smaller price fluctuations and is considered to be less risky than FLXK.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IWVU.L | FLXK.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.26% | 19.75% | -13.49% |
Volatility (6M)Calculated over the trailing 6-month period | 14.94% | 41.53% | -26.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.06% | 45.08% | -28.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.31% | 29.63% | -13.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.91% | 29.61% | -11.70% |
IWVU.L vs. FLXK.L - Expense Ratio Comparison
IWVU.L has a 0.30% expense ratio, which is higher than FLXK.L's 0.09% expense ratio.
Dividends
IWVU.L vs. FLXK.L - Dividend Comparison
IWVU.L's dividend yield for the trailing twelve months is around 1.92%, while FLXK.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
FLXK.L Franklin FTSE Korea UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IWVU.L iShares Edge MSCI World Value Factor UCITS ETF USD (Dist) | 1.92% | 2.50% | 3.17% | 3.23% | 3.17% | 2.63% | 2.25% | 2.83% | 2.51% |
Frequently Asked Questions
IWVU.L and FLXK.L have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FLXK.L is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FLXK.L is cheaper with a 0.09% expense ratio, compared with 0.30% for IWVU.L.
IWVU.L tracks iShares Edge MSCI World Value Factor UCITS ETF USD (Dist), while FLXK.L tracks Franklin FTSE Korea UCITS ETF. They also come from different issuers: iShares and Franklin. Their fees differ too: 0.30% for IWVU.L and 0.09% for FLXK.L.
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