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IXC vs. FLKR
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IXC vs. FLKR

Last updated Jul 12, 2026
Documentation

IXC (iShares Global Energy ETF) and FLKR (Franklin FTSE South Korea ETF) are both exchange-traded funds - IXC is a Energy Equities fund tracking the S&P Global 1200 Energy Capped Index, while FLKR is a South Korea Equities fund tracking the FTSE South Korea RIC Capped Index. Both are passively managed. Over the past 5 years, IXC returned 18.91%/yr vs 17.20%/yr for FLKR. At a 0.36 correlation, their price movements are largely independent. IXC charges 0.40%/yr vs 0.09%/yr for FLKR.

Performance

IXC vs. FLKR - Performance Comparison

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

Loading charts...

Returns By Period

In the year-to-date period, IXC achieves a 23.35% return, which is significantly lower than FLKR's 88.17% return.

IXC

1D
0.51%
1M
-4.24%
6M
20.68%
YTD
23.35%
1Y
29.02%
3Y*
14.69%
5Y*
18.91%
10Y*
8.83%

FLKR

1D
-0.13%
1M
-5.67%
6M
69.24%
YTD
88.17%
1Y
153.09%
3Y*
45.44%
5Y*
17.20%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

IXC vs. FLKR - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IXC
iShares Global Energy ETF		23.35%13.98%1.95%3.92%48.51%40.88%-31.00%12.67%-14.85%4.80%
FLKR
Franklin FTSE South Korea ETF		88.17%91.91%-18.84%19.16%-27.50%-7.54%42.64%8.88%-21.30%3.00%

Correlation

The correlation between IXC and FLKR is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.02

Correlation (3Y)
Calculated over the trailing 3-year period

0.15

Correlation (5Y)
Calculated over the trailing 5-year period

0.25

Correlation (All Time)
Calculated using the full available price history since Nov 6, 2017

0.36

Over the past year, the correlation between IXC and FLKR has dropped to 0.02 - well below their long-term average of 0.36, suggesting their price drivers have been diverging.

IXC vs. FLKR - Sectors Allocation Comparison

Sectors
IXC
FLKR

Energy

99.4%
0.7%

Utilities

0.2%
0.3%

Basic Materials

-

1.9%

Communication Services

-

2.0%

Consumer Cyclical

-

6.3%

Consumer Defensive

-

1.4%

Financial Services

-

7.4%

Healthcare

-

2.4%

Industrials

-

14.6%

Real Estate

-

-

Technology

-

62.9%

Energy

IXC
99.4%
FLKR
0.7%

Utilities

IXC
0.2%
FLKR
0.3%

Basic Materials

IXC

-

FLKR
1.9%

Communication Services

IXC

-

FLKR
2.0%

Consumer Cyclical

IXC

-

FLKR
6.3%

Consumer Defensive

IXC

-

FLKR
1.4%

Financial Services

IXC

-

FLKR
7.4%

Healthcare

IXC

-

FLKR
2.4%

Industrials

IXC

-

FLKR
14.6%

Real Estate

IXC

-

FLKR

-

Technology

IXC

-

FLKR
62.9%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Global Energy ETF

Franklin FTSE South Korea ETF

Often compared with IXC:
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Often compared with FLKR:
FLKR vs. EWYFLKR vs. SCHDFLKR vs. FLJPFLKR vs. VOOFLKR vs. KORUFLKR vs. HFXIFLKR vs. FLXK.DE

Return for Risk

IXC vs. FLKR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IXC
IXC Risk / Return Rank: 5151
Overall Rank
IXC Sharpe Ratio Rank: 5858
Sharpe Ratio Rank
IXC Sortino Ratio Rank: 5353
Sortino Ratio Rank
IXC Omega Ratio Rank: 5151
Omega Ratio Rank
IXC Calmar Ratio Rank: 4848
Calmar Ratio Rank
IXC Martin Ratio Rank: 4747
Martin Ratio Rank
FLKR
FLKR Risk / Return Rank: 9292
Overall Rank
FLKR Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
FLKR Sortino Ratio Rank: 8787
Sortino Ratio Rank
FLKR Omega Ratio Rank: 9090
Omega Ratio Rank
FLKR Calmar Ratio Rank: 9595
Calmar Ratio Rank
FLKR Martin Ratio Rank: 9494
Martin Ratio Rank
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.

IXC vs. FLKR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Global Energy ETF (IXC) 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.

IXCFLKRDifference
Sharpe ratioReturn per unit of total volatility
1.56
3.07

-1.50

Sortino ratioReturn per unit of downside risk
2.09
3.16

-1.06

Omega ratioGain probability vs. loss probability

1.26

1.47

-0.20

Calmar ratioReturn relative to maximum drawdown

1.95

6.61

-4.66

Martin ratioReturn relative to average drawdown

6.26

20.76

-14.50

IXC vs. FLKR - Sharpe Ratio Comparison

The current IXC Sharpe Ratio is 1.56, which is lower than the FLKR Sharpe Ratio of 3.07. The chart below compares the historical Sharpe Ratios of IXC 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.

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Drawdowns

IXC vs. FLKR - Drawdown Comparison

The maximum IXC drawdown since its inception was -67.88%, which is greater than FLKR's maximum drawdown of -50.06%. Use the drawdown chart below to compare losses from any high point for IXC and FLKR.

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Drawdown Indicators

IXCFLKRDifference

Max Drawdown

Largest peak-to-trough decline

-67.88%

-50.06%

-17.82%

Max Drawdown (1Y)

Largest decline over 1 year

-15.36%

-23.03%

+7.67%

Max Drawdown (3Y)

Largest decline over 3 years

-19.06%

-26.39%

+7.33%

Max Drawdown (5Y)

Largest decline over 5 years

-24.93%

-48.14%

+23.21%

Max Drawdown (10Y)

Largest decline over 10 years

-64.16%

—

—

Current Drawdown

Current decline from peak

-11.22%

-16.53%

+5.31%

Average Drawdown

Average peak-to-trough decline

-17.45%

-21.93%

+4.48%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.78%

7.32%

-2.54%

Volatility

IXC vs. FLKR - Volatility Comparison

The current volatility for iShares Global Energy ETF (IXC) is 6.59%, while Franklin FTSE South Korea ETF (FLKR) has a volatility of 24.66%. This indicates that IXC 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.

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Volatility by Period

IXCFLKRDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.59%

24.66%

-18.07%

Volatility (6M)

Calculated over the trailing 6-month period

15.86%

46.71%

-30.85%

Volatility (1Y)

Calculated over the trailing 1-year period

19.18%

49.65%

-30.47%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

23.45%

30.98%

-7.53%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

26.81%

29.12%

-2.31%

IXC vs. FLKR - Expense Ratio Comparison

IXC has a 0.40% expense ratio, which is higher than FLKR's 0.09% expense ratio.

Dividends

IXC vs. FLKR - Dividend Comparison

IXC's dividend yield for the trailing twelve months is around 3.08%, more than FLKR's 2.45% yield.

PositionTTM20252024202320222021202020192018201720162015
FLKR
Franklin FTSE South Korea ETF		2.45%3.87%7.08%2.28%3.13%2.12%0.99%2.09%1.86%1.02%0.00%0.00%
IXC
iShares Global Energy ETF		3.08%3.68%4.56%3.45%4.76%3.98%4.86%7.00%3.51%3.05%2.86%3.77%

Frequently Asked Questions

IXC and FLKR have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

FLKR has higher volatility (24.66%) compared to IXC (6.59%). In terms of maximum drawdown, IXC dropped -67.88% vs FLKR's -50.06%.

On 5-year performance, IXC leads with 18.91% vs 17.20% for FLKR. On fees, FLKR is cheaper at 0.09% per year. On volatility, IXC has been the lower-risk option at 6.59%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, IXC has performed better with a 18.91% return vs 17.20%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

FLKR is cheaper with a 0.09% expense ratio, compared with 0.40% for IXC.

IXC has the higher dividend yield at 3.08%, compared with 2.45% for FLKR.

IXC is categorized as Energy Equities, while FLKR is South Korea Equities. IXC tracks S&P Global 1200 Energy Capped Index, while FLKR tracks FTSE South Korea RIC Capped Index. They also come from different issuers: iShares and Franklin Templeton. Their fees differ too: 0.40% for IXC and 0.09% for FLKR.

FLKR currently has the higher Sharpe Ratio (3.07 vs 1.56), 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.

Portfolio Optimizer

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