LGUS.L vs. FLXK.L
LGUS.L (L&G US Equity UCITS ETF) and FLXK.L (Franklin FTSE Korea UCITS ETF) are both Global Equities funds - LGUS.L tracks the L&G US Equity UCITS ETF while FLXK.L tracks the Franklin FTSE Korea UCITS ETF. Both are passively managed. Over the past 5 years, LGUS.L returned 12.82%/yr vs 15.67%/yr for FLXK.L. A 0.58 correlation means they provide meaningful diversification when combined. LGUS.L charges 0.05%/yr vs 0.09%/yr for FLXK.L.
Performance
LGUS.L vs. FLXK.L - Performance Comparison
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Returns By Period
In the year-to-date period, LGUS.L achieves a 10.34% return, which is significantly lower than FLXK.L's 75.46% return.
LGUS.L
- 1D
- 0.00%
- 1M
- 0.20%
- 6M
- 9.90%
- YTD
- 10.34%
- 1Y
- 21.64%
- 3Y*
- 20.40%
- 5Y*
- 12.82%
- 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*
- —
LGUS.L vs. FLXK.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
LGUS.L L&G US Equity UCITS ETF | 10.34% | 17.98% | 25.09% | 28.66% | -20.46% | 27.91% | 21.16% | 17.89% |
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 LGUS.L and FLXK.L is 0.56, 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 | 0.56 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.55 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Jun 4, 2019 | 0.58 |
The correlation between LGUS.L and FLXK.L has been stable across timeframes, ranging from 0.55 to 0.58 - a consistent structural relationship.
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Return for Risk
LGUS.L vs. FLXK.L — Risk / Return Rank
LGUS.L
FLXK.L
LGUS.L vs. FLXK.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G US Equity UCITS ETF (LGUS.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.
| LGUS.L | FLXK.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.35 | ||
| Sortino ratioReturn per unit of downside risk | -0.59 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.47 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 2.59 | 5.86 | -3.27 |
| Martin ratioReturn relative to average drawdown | 9.99 | 18.40 | -8.42 |
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Drawdowns
LGUS.L vs. FLXK.L - Drawdown Comparison
The maximum LGUS.L drawdown since its inception was -34.26%, smaller than the maximum FLXK.L drawdown of -49.43%. Use the drawdown chart below to compare losses from any high point for LGUS.L and FLXK.L.
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Drawdown Indicators
| LGUS.L | FLXK.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.26% | -49.43% | +15.17% |
Max Drawdown (1Y)Largest decline over 1 year | -8.58% | -24.10% | +15.52% |
Max Drawdown (3Y)Largest decline over 3 years | -19.46% | -28.54% | +9.08% |
Max Drawdown (5Y)Largest decline over 5 years | -25.64% | -47.00% | +21.36% |
Current DrawdownCurrent decline from peak | -0.49% | -24.10% | +23.61% |
Average DrawdownAverage peak-to-trough decline | -5.30% | -20.23% | +14.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.23% | 7.70% | -5.47% |
Volatility
LGUS.L vs. FLXK.L - Volatility Comparison
The current volatility for L&G US Equity UCITS ETF (LGUS.L) is 2.86%, while Franklin FTSE Korea UCITS ETF (FLXK.L) has a volatility of 19.75%. This indicates that LGUS.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
| LGUS.L | FLXK.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.86% | 19.75% | -16.89% |
Volatility (6M)Calculated over the trailing 6-month period | 9.41% | 41.53% | -32.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.47% | 45.08% | -32.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.51% | 29.63% | -13.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.10% | 29.61% | -11.51% |
LGUS.L vs. FLXK.L - Expense Ratio Comparison
LGUS.L has a 0.05% expense ratio, which is lower than FLXK.L's 0.09% 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
LGUS.L vs. FLXK.L - Dividend Comparison
Neither LGUS.L nor FLXK.L has paid dividends to shareholders.
Frequently Asked Questions
LGUS.L and FLXK.L have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LGUS.L is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LGUS.L is cheaper with a 0.05% expense ratio, compared with 0.09% for FLXK.L.
LGUS.L tracks L&G US Equity UCITS ETF, while FLXK.L tracks Franklin FTSE Korea UCITS ETF. They also come from different issuers: L&G and Franklin. Their fees differ too: 0.05% for LGUS.L and 0.09% for FLXK.L.
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