JPLG.L vs. FLXK.L
JPLG.L (JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating) and FLXK.L (Franklin FTSE Korea UCITS ETF) are both Global Equities funds - JPLG.L tracks the MSCI ACWI NR USD while FLXK.L tracks the Franklin FTSE Korea UCITS ETF. Both are passively managed. Over the past 5 years, JPLG.L returned 10.14%/yr vs 16.47%/yr for FLXK.L. At a 0.48 correlation, their price movements are largely independent. JPLG.L charges 0.20%/yr vs 0.09%/yr for FLXK.L.
Performance
JPLG.L vs. FLXK.L - Performance Comparison
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Different Trading Currencies
JPLG.L is traded in GBp, while FLXK.L is traded in USD. To make them comparable, the FLXK.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, JPLG.L achieves a 11.63% return, which is significantly lower than FLXK.L's 77.73% return.
JPLG.L
- 1D
- -0.96%
- 1M
- -0.36%
- 6M
- 9.08%
- YTD
- 11.63%
- 1Y
- 20.46%
- 3Y*
- 14.27%
- 5Y*
- 10.14%
- 10Y*
- —
FLXK.L
- 1D
- 0.00%
- 1M
- -18.91%
- 6M
- 58.85%
- YTD
- 77.73%
- 1Y
- 143.02%
- 3Y*
- 38.65%
- 5Y*
- 16.47%
- 10Y*
- —
JPLG.L vs. FLXK.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
JPLG.L JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating | 11.63% | 10.11% | 12.09% | 7.05% | 0.72% | 24.67% | 2.57% | -0.44% |
FLXK.L Franklin FTSE Korea UCITS ETF | 77.73% | 80.91% | -20.26% | 14.73% | -19.45% | -5.96% | 42.98% | 4.33% |
Correlation
The correlation between JPLG.L and FLXK.L is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Jul 16, 2019 | 0.48 |
The correlation between JPLG.L and FLXK.L shifts across timeframes, from 0.33 (1 year) to 0.48 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
JPLG.L vs. FLXK.L — Risk / Return Rank
JPLG.L
FLXK.L
JPLG.L vs. FLXK.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating (JPLG.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.
| JPLG.L | FLXK.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.72 | ||
| Sortino ratioReturn per unit of downside risk | +0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.48 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.65 | 5.83 | -2.18 |
| Martin ratioReturn relative to average drawdown | 13.44 | 18.65 | -5.21 |
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Drawdowns
JPLG.L vs. FLXK.L - Drawdown Comparison
The maximum JPLG.L drawdown since its inception was -27.53%, smaller than the maximum FLXK.L drawdown of -41.70%. Use the drawdown chart below to compare losses from any high point for JPLG.L and FLXK.L.
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Drawdown Indicators
| JPLG.L | FLXK.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.53% | -41.70% | +14.17% |
Max Drawdown (1Y)Largest decline over 1 year | -5.59% | -24.62% | +19.03% |
Max Drawdown (3Y)Largest decline over 3 years | -13.65% | -28.10% | +14.45% |
Max Drawdown (5Y)Largest decline over 5 years | -13.65% | -37.51% | +23.86% |
Current DrawdownCurrent decline from peak | -1.95% | -24.62% | +22.67% |
Average DrawdownAverage peak-to-trough decline | -3.25% | -17.71% | +14.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.52% | 7.71% | -6.19% |
Volatility
JPLG.L vs. FLXK.L - Volatility Comparison
The current volatility for JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating (JPLG.L) is 2.28%, while Franklin FTSE Korea UCITS ETF (FLXK.L) has a volatility of 19.77%. This indicates that JPLG.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
| JPLG.L | FLXK.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.28% | 19.77% | -17.49% |
Volatility (6M)Calculated over the trailing 6-month period | 6.13% | 40.39% | -34.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.01% | 43.92% | -35.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.91% | 27.97% | -17.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.67% | 28.13% | -14.46% |
JPLG.L vs. FLXK.L - Expense Ratio Comparison
JPLG.L has a 0.20% expense ratio, which is higher than FLXK.L's 0.09% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
JPLG.L vs. FLXK.L - Dividend Comparison
Neither JPLG.L nor FLXK.L has paid dividends to shareholders.
Frequently Asked Questions
JPLG.L and FLXK.L have a correlation of 0.33, 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 0.20% for JPLG.L.
JPLG.L tracks MSCI ACWI NR USD, while FLXK.L tracks Franklin FTSE Korea UCITS ETF. They also come from different issuers: JPMorgan and Franklin. Their fees differ too: 0.20% for JPLG.L and 0.09% for FLXK.L.
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