PAF.L vs. FLXI.DE
PAF.L (Pan African Resources plc) is a stock, while FLXI.DE (Franklin FTSE India UCITS ETF) is Asia Pacific Equities fund tracking the FTSE India 30/18 Capped. Over the past 5 years, PAF.L returned 46.75%/yr vs 5.51%/yr for FLXI.DE. At a 0.06 correlation, their price movements are largely independent.
Performance
PAF.L vs. FLXI.DE - Performance Comparison
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Different Trading Currencies
PAF.L is traded in GBp, while FLXI.DE is traded in EUR. To make them comparable, the FLXI.DE values have been converted to GBp using the latest available exchange rates.
Returns By Period
The year-to-date returns for both investments are quite close, with PAF.L having a -9.60% return and FLXI.DE slightly higher at -9.34%.
PAF.L
- 1D
- 5.62%
- 1M
- -26.94%
- YTD
- -9.60%
- 6M
- -1.63%
- 1Y
- 129.47%
- 3Y*
- 108.56%
- 5Y*
- 46.75%
- 10Y*
- 24.42%
FLXI.DE
- 1D
- 2.20%
- 1M
- 1.89%
- YTD
- -9.34%
- 6M
- -8.59%
- 1Y
- -9.24%
- 3Y*
- 4.06%
- 5Y*
- 5.51%
- 10Y*
- —
PAF.L vs. FLXI.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
PAF.L Pan African Resources plc | -9.60% | 258.03% | 109.32% | 6.38% | 4.14% | -25.77% | 102.96% | 12.38% |
FLXI.DE Franklin FTSE India UCITS ETF | -9.34% | -3.97% | 11.87% | 14.94% | 3.58% | 25.96% | 7.62% | -3.61% |
Correlation
The correlation between PAF.L and FLXI.DE is 0.08, 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 | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Jun 26, 2019 | 0.06 |
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Return for Risk
PAF.L vs. FLXI.DE — Risk / Return Rank
PAF.L
FLXI.DE
PAF.L vs. FLXI.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pan African Resources plc (PAF.L) and Franklin FTSE India UCITS ETF (FLXI.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.
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.
| PAF.L | FLXI.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.06 | ||
| Sortino ratioReturn per unit of downside risk | +3.52 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 0.91 | +0.45 |
| Calmar ratioReturn relative to maximum drawdown | 2.95 | -0.52 | +3.47 |
| Martin ratioReturn relative to average drawdown | 9.67 | -1.12 | +10.80 |
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Drawdowns
PAF.L vs. FLXI.DE - Drawdown Comparison
The maximum PAF.L drawdown since its inception was -80.73%, which is greater than FLXI.DE's maximum drawdown of -36.63%. Use the drawdown chart below to compare losses from any high point for PAF.L and FLXI.DE.
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Drawdown Indicators
| PAF.L | FLXI.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.73% | -36.63% | -44.10% |
Max Drawdown (1Y)Largest decline over 1 year | -44.73% | -17.68% | -27.05% |
Max Drawdown (3Y)Largest decline over 3 years | -44.73% | -22.12% | -22.61% |
Max Drawdown (5Y)Largest decline over 5 years | -47.34% | -22.12% | -25.22% |
Max Drawdown (10Y)Largest decline over 10 years | -70.68% | — | — |
Current DrawdownCurrent decline from peak | -40.36% | -18.24% | -22.12% |
Average DrawdownAverage peak-to-trough decline | -29.27% | -7.22% | -22.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.65% | 8.22% | +5.43% |
Volatility
PAF.L vs. FLXI.DE - Volatility Comparison
Pan African Resources plc (PAF.L) has a higher volatility of 21.97% compared to Franklin FTSE India UCITS ETF (FLXI.DE) at 4.69%. This indicates that PAF.L's price experiences larger fluctuations and is considered to be riskier than FLXI.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PAF.L | FLXI.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.97% | 4.69% | +17.28% |
Volatility (6M)Calculated over the trailing 6-month period | 44.78% | 12.43% | +32.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.10% | 14.84% | +39.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 48.00% | 15.77% | +32.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 53.54% | 19.55% | +33.99% |
Dividends
PAF.L vs. FLXI.DE - Dividend Comparison
PAF.L's dividend yield for the trailing twelve months is around 2.00%, while FLXI.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLXI.DE Franklin FTSE India UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PAF.L Pan African Resources plc | 2.00% | 1.35% | 2.79% | 4.52% | 5.25% | 5.09% | 2.92% | 0.98% | 0.00% | 3.38% | 5.67% | 6.83% |
Frequently Asked Questions
PAF.L and FLXI.DE have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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