QYLU.L vs. FLXK.L
QYLU.L (Global X NASDAQ 100 Covered Call UCITS ETF) and FLXK.L (Franklin FTSE Korea UCITS ETF) are both Global Equities funds - QYLU.L tracks the Global X NASDAQ 100 Covered Call UCITS ETF while FLXK.L tracks the Franklin FTSE Korea UCITS ETF. Both are passively managed. Over the past 3 years, QYLU.L returned 12.61%/yr vs 39.45%/yr for FLXK.L. At a 0.45 correlation, their price movements are largely independent.
Performance
QYLU.L vs. FLXK.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, QYLU.L achieves a 8.26% return, which is significantly lower than FLXK.L's 75.46% return.
QYLU.L
- 1D
- 0.31%
- 1M
- 0.67%
- 6M
- 6.41%
- YTD
- 8.26%
- 1Y
- 20.12%
- 3Y*
- 12.61%
- 5Y*
- —
- 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*
- —
QYLU.L vs. FLXK.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
QYLU.L Global X NASDAQ 100 Covered Call UCITS ETF | 8.26% | 5.59% | 22.94% | 22.59% | -2.11% |
FLXK.L Franklin FTSE Korea UCITS ETF | 75.46% | 94.79% | -21.63% | 20.77% | 1.99% |
Correlation
The correlation between QYLU.L and FLXK.L is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Nov 22, 2022 | 0.45 |
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
QYLU.L vs. FLXK.L — Risk / Return Rank
QYLU.L
FLXK.L
QYLU.L vs. FLXK.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X NASDAQ 100 Covered Call UCITS ETF (QYLU.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.
| QYLU.L | FLXK.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.59 | ||
| Sortino ratioReturn per unit of downside risk | -1.03 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.47 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 4.07 | 5.86 | -1.80 |
| Martin ratioReturn relative to average drawdown | 13.98 | 18.40 | -4.42 |
Loading charts...
Drawdowns
QYLU.L vs. FLXK.L - Drawdown Comparison
The maximum QYLU.L drawdown since its inception was -19.93%, smaller than the maximum FLXK.L drawdown of -49.43%. Use the drawdown chart below to compare losses from any high point for QYLU.L and FLXK.L.
Loading charts...
Drawdown Indicators
| QYLU.L | FLXK.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.93% | -49.43% | +29.50% |
Max Drawdown (1Y)Largest decline over 1 year | -4.97% | -24.10% | +19.13% |
Max Drawdown (3Y)Largest decline over 3 years | -19.93% | -28.54% | +8.61% |
Max Drawdown (5Y)Largest decline over 5 years | — | -47.00% | — |
Current DrawdownCurrent decline from peak | -0.58% | -24.10% | +23.52% |
Average DrawdownAverage peak-to-trough decline | -2.42% | -20.23% | +17.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.45% | 7.70% | -6.25% |
Volatility
QYLU.L vs. FLXK.L - Volatility Comparison
The current volatility for Global X NASDAQ 100 Covered Call UCITS ETF (QYLU.L) is 4.86%, while Franklin FTSE Korea UCITS ETF (FLXK.L) has a volatility of 19.75%. This indicates that QYLU.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.
Loading charts...
Volatility by Period
| QYLU.L | FLXK.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.86% | 19.75% | -14.89% |
Volatility (6M)Calculated over the trailing 6-month period | 9.27% | 41.53% | -32.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.09% | 45.08% | -31.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.61% | 29.63% | -14.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.61% | 29.61% | -14.00% |
Dividends
QYLU.L vs. FLXK.L - Dividend Comparison
Neither QYLU.L nor FLXK.L has paid dividends to shareholders.
Frequently Asked Questions
QYLU.L and FLXK.L have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QYLU.L tracks Global X NASDAQ 100 Covered Call UCITS ETF, while FLXK.L tracks Franklin FTSE Korea UCITS ETF. They also come from different issuers: Global X and Franklin.
Find the right allocation for QYLU.L and FLXK.L
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