PRUS.L vs. FLXB.L

Last updated Jul 18, 2026

PRUS.L (Invesco RAFI US Fundamental Value UCITS ETF USD (Dist)) and FLXB.L (Franklin FTSE Brazil UCITS ETF USD (Acc)) are both exchange-traded funds - PRUS.L is a Large Cap Value Equities fund tracking the RAFI Fundamental US Index (USD), while FLXB.L is a Brazil Equities fund tracking the FTSE Brazil 30/18 Capped Index (Net Return). Both are passively managed. Over the past 5 years, PRUS.L returned 12.75%/yr vs 6.59%/yr for FLXB.L. At a 0.45 correlation, their price movements are largely independent. PRUS.L charges 0.39%/yr vs 0.19%/yr for FLXB.L.

Performance

PRUS.L vs. FLXB.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco RAFI US Fundamental Value UCITS ETF USD (Dist) (PRUS.L) and Franklin FTSE Brazil UCITS ETF USD (Acc) (FLXB.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with PRUS.L having a 16.68% return and FLXB.L slightly lower at 16.02%.

PRUS.L

• 1D: -0.42%
• 1M: 0.81%
• 6M: 13.26%
• YTD: 16.68%
• 1Y: 29.25%
• 3Y*: 19.04%
• 5Y*: 12.75%
• 10Y*: 13.00%

FLXB.L

• 1D: -0.23%
• 1M: 1.52%
• 6M: 11.51%
• YTD: 16.02%
• 1Y: 37.38%
• 3Y*: 11.33%
• 5Y*: 6.59%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

PRUS.L vs. FLXB.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
PRUS.L Invesco RAFI US Fundamental Value UCITS ETF USD (Dist)	16.68%	16.58%	16.26%	15.94%	-8.01%	31.11%	6.81%	16.90%
FLXB.L Franklin FTSE Brazil UCITS ETF USD (Acc)	16.02%	45.49%	-27.92%	33.43%	10.93%	-16.59%	-19.42%	12.18%

Correlation

The correlation between PRUS.L and FLXB.L is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (3Y) Calculated over the trailing 3-year period	0.42
Correlation (5Y) Calculated over the trailing 5-year period	0.43
Correlation (All Time) Calculated using the full available price history since Jun 4, 2019	0.45

Return for Risk

PRUS.L vs. FLXB.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PRUS.L

PRUS.L Risk / Return Rank: 94
PRUS.L Sharpe Ratio Rank: 95
PRUS.L Sortino Ratio Rank: 95
PRUS.L Omega Ratio Rank: 94
PRUS.L Calmar Ratio Rank: 93
PRUS.L Martin Ratio Rank: 94

FLXB.L

FLXB.L Risk / Return Rank: 56
FLXB.L Sharpe Ratio Rank: 62
FLXB.L Sortino Ratio Rank: 61
FLXB.L Omega Ratio Rank: 56
FLXB.L Calmar Ratio Rank: 55
FLXB.L Martin Ratio Rank: 44

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.

PRUS.L vs. FLXB.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco RAFI US Fundamental Value UCITS ETF USD (Dist) (PRUS.L) and Franklin FTSE Brazil UCITS ETF USD (Acc) (FLXB.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.

	PRUS.L	FLXB.L	Difference
Sharpe ratio: Return per unit of total volatility	2.90	1.56	+1.34
Sortino ratio: Return per unit of downside risk	4.34	2.18	+2.16
Omega ratio: Gain probability vs. loss probability	1.55	1.26	+0.28
Calmar ratio: Return relative to maximum drawdown	4.86	2.09	+2.77
Martin ratio: Return relative to average drawdown	18.47	5.37	+13.11

PRUS.L vs. FLXB.L - Sharpe Ratio Comparison

The current PRUS.L Sharpe Ratio is 2.90, which is higher than the FLXB.L Sharpe Ratio of 1.56. The chart below compares the historical Sharpe Ratios of PRUS.L and FLXB.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PRUS.L vs. FLXB.L - Drawdown Comparison

The maximum PRUS.L drawdown since its inception was -57.16%, roughly equal to the maximum FLXB.L drawdown of -56.54%. Use the drawdown chart below to compare losses from any high point for PRUS.L and FLXB.L.

Drawdown Indicators

	PRUS.L	FLXB.L	Difference
Max Drawdown Largest peak-to-trough decline	-57.16%	-56.54%	-0.62%
Max Drawdown (1Y) Largest decline over 1 year	-5.99%	-17.78%	+11.79%
Max Drawdown (3Y) Largest decline over 3 years	-16.52%	-28.79%	+12.27%
Max Drawdown (5Y) Largest decline over 5 years	-19.36%	-32.17%	+12.81%
Max Drawdown (10Y) Largest decline over 10 years	-37.86%	—	—
Current Drawdown Current decline from peak	-0.42%	-13.40%	+12.98%
Average Drawdown Average peak-to-trough decline	-6.70%	-18.96%	+12.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.58%	6.95%	-5.37%

Volatility

PRUS.L vs. FLXB.L - Volatility Comparison

The current volatility for Invesco RAFI US Fundamental Value UCITS ETF USD (Dist) (PRUS.L) is 1.77%, while Franklin FTSE Brazil UCITS ETF USD (Acc) (FLXB.L) has a volatility of 5.12%. This indicates that PRUS.L experiences smaller price fluctuations and is considered to be less risky than FLXB.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PRUS.L	FLXB.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.77%	5.12%	-3.35%
Volatility (6M) Calculated over the trailing 6-month period	7.40%	18.27%	-10.87%
Volatility (1Y) Calculated over the trailing 1-year period	10.05%	23.84%	-13.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.83%	27.18%	-12.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.18%	32.03%	-15.85%

PRUS.L vs. FLXB.L - Expense Ratio Comparison

PRUS.L has a 0.39% expense ratio, which is higher than FLXB.L's 0.19% expense ratio.

Dividends

PRUS.L vs. FLXB.L - Dividend Comparison

PRUS.L's dividend yield for the trailing twelve months is around 1.16%, while FLXB.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FLXB.L Franklin FTSE Brazil UCITS ETF USD (Acc)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PRUS.L Invesco RAFI US Fundamental Value UCITS ETF USD (Dist)	1.16%	1.36%	1.49%	1.56%	1.72%	1.32%	1.66%	1.64%	1.83%	1.55%	1.62%	1.68%

Frequently Asked Questions

Can I hold both PRUS.L and FLXB.L in my portfolio?

PRUS.L and FLXB.L have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PRUS.L or FLXB.L?

On fees, FLXB.L is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PRUS.L or FLXB.L?

FLXB.L is cheaper with a 0.19% expense ratio, compared with 0.39% for PRUS.L.

What is the main difference between PRUS.L and FLXB.L?

PRUS.L is categorized as Large Cap Value Equities, while FLXB.L is Brazil Equities. PRUS.L tracks RAFI Fundamental US Index (USD), while FLXB.L tracks FTSE Brazil 30/18 Capped Index (Net Return). They also come from different issuers: Invesco and Franklin. Their fees differ too: 0.39% for PRUS.L and 0.19% for FLXB.L.