L0CK.DE vs. FLRA.DE
L0CK.DE (iShares Digital Security UCITS ETF USD (Acc)) and FLRA.DE (Franklin Metaverse UCITS ETF USD Capitalisation) are both Technology Equities funds - L0CK.DE tracks the STOXX® Global Digital Security while FLRA.DE tracks the Solactive Global Metaverse Innovation. Both are passively managed. Over the past 3 years, L0CK.DE returned 18.48%/yr vs 26.58%/yr for FLRA.DE. A 0.75 correlation means they provide meaningful diversification when combined. L0CK.DE charges 0.40%/yr vs 0.30%/yr for FLRA.DE.
Performance
L0CK.DE vs. FLRA.DE - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with L0CK.DE having a 19.85% return and FLRA.DE slightly lower at 19.68%.
L0CK.DE
- 1D
- -2.66%
- 1M
- 10.58%
- YTD
- 19.85%
- 6M
- 21.05%
- 1Y
- 22.61%
- 3Y*
- 18.48%
- 5Y*
- 10.97%
- 10Y*
- —
FLRA.DE
- 1D
- -1.45%
- 1M
- 16.33%
- YTD
- 19.68%
- 6M
- 14.77%
- 1Y
- 38.95%
- 3Y*
- 26.58%
- 5Y*
- —
- 10Y*
- —
L0CK.DE vs. FLRA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
L0CK.DE iShares Digital Security UCITS ETF USD (Acc) | 19.85% | -0.03% | 22.76% | 29.81% | -10.01% |
FLRA.DE Franklin Metaverse UCITS ETF USD Capitalisation | 19.68% | 5.59% | 27.26% | 71.63% | -21.53% |
Correlation
The correlation between L0CK.DE and FLRA.DE is 0.72, 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 | 0.72 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.74 |
Correlation (All Time) Calculated using the full available price history since Sep 8, 2022 | 0.75 |
The correlation between L0CK.DE and FLRA.DE has been stable across timeframes, ranging from 0.72 to 0.75 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
L0CK.DE vs. FLRA.DE — Risk / Return Rank
L0CK.DE
FLRA.DE
L0CK.DE vs. FLRA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Digital Security UCITS ETF USD (Acc) (L0CK.DE) and Franklin Metaverse UCITS ETF USD Capitalisation (FLRA.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.
| L0CK.DE | FLRA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.42 | ||
| Sortino ratioReturn per unit of downside risk | -0.46 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.26 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.81 | 1.33 | +0.48 |
| Martin ratioReturn relative to average drawdown | 4.44 | 3.01 | +1.43 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| L0CK.DE | FLRA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.09 | 1.51 | -0.42 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.55 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.60 | 0.82 | -0.22 |
Drawdowns
L0CK.DE vs. FLRA.DE - Drawdown Comparison
The maximum L0CK.DE drawdown since its inception was -32.50%, smaller than the maximum FLRA.DE drawdown of -34.22%. Use the drawdown chart below to compare losses from any high point for L0CK.DE and FLRA.DE.
Loading charts...
Drawdown Indicators
| L0CK.DE | FLRA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.50% | -34.22% | +1.72% |
Max Drawdown (1Y)Largest decline over 1 year | -12.47% | -29.17% | +16.70% |
Max Drawdown (3Y)Largest decline over 3 years | -27.07% | -34.22% | +7.15% |
Max Drawdown (5Y)Largest decline over 5 years | -28.54% | — | — |
Current DrawdownCurrent decline from peak | -3.17% | -2.92% | -0.25% |
Average DrawdownAverage peak-to-trough decline | -9.03% | -9.83% | +0.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.08% | 12.91% | -7.83% |
Volatility
L0CK.DE vs. FLRA.DE - Volatility Comparison
The current volatility for iShares Digital Security UCITS ETF USD (Acc) (L0CK.DE) is 8.18%, while Franklin Metaverse UCITS ETF USD Capitalisation (FLRA.DE) has a volatility of 8.80%. This indicates that L0CK.DE experiences smaller price fluctuations and is considered to be less risky than FLRA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| L0CK.DE | FLRA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.18% | 8.80% | -0.62% |
Volatility (6M)Calculated over the trailing 6-month period | 16.31% | 18.60% | -2.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.67% | 25.70% | -5.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.90% | 27.73% | -7.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.21% | 27.73% | -7.52% |
L0CK.DE vs. FLRA.DE - Expense Ratio Comparison
L0CK.DE has a 0.40% expense ratio, which is higher than FLRA.DE's 0.30% expense ratio.
Dividends
L0CK.DE vs. FLRA.DE - Dividend Comparison
Neither L0CK.DE nor FLRA.DE has paid dividends to shareholders.
Frequently Asked Questions
L0CK.DE and FLRA.DE have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FLRA.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FLRA.DE is cheaper with a 0.30% expense ratio, compared with 0.40% for L0CK.DE.
L0CK.DE tracks STOXX® Global Digital Security, while FLRA.DE tracks Solactive Global Metaverse Innovation. They also come from different issuers: iShares and Franklin Templeton. Their fees differ too: 0.40% for L0CK.DE and 0.30% for FLRA.DE.
Find the right allocation for L0CK.DE and FLRA.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer