SILV.L vs. FLXK.L
SILV.L (Global X Silver Miners UCITS ETF USD Acc) and FLXK.L (Franklin FTSE Korea UCITS ETF) are both Global Equities funds - SILV.L tracks the Global X Silver Miners UCITS ETF USD Acc while FLXK.L tracks the Franklin FTSE Korea UCITS ETF. Both are passively managed. Over the past 3 years, SILV.L returned 41.08%/yr vs 39.45%/yr for FLXK.L. At a 0.44 correlation, their price movements are largely independent.
Performance
SILV.L vs. FLXK.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SILV.L achieves a -11.23% return, which is significantly lower than FLXK.L's 75.46% return.
SILV.L
- 1D
- -0.13%
- 1M
- -15.41%
- 6M
- -22.68%
- YTD
- -11.23%
- 1Y
- 55.14%
- 3Y*
- 41.08%
- 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*
- —
SILV.L vs. FLXK.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
SILV.L Global X Silver Miners UCITS ETF USD Acc | -11.23% | 172.49% | 11.77% | -0.99% | -4.08% |
FLXK.L Franklin FTSE Korea UCITS ETF | 75.46% | 94.79% | -21.63% | 20.77% | -13.17% |
Correlation
The correlation between SILV.L and FLXK.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 | 0.38 |
Correlation (All Time) Calculated using the full available price history since May 9, 2022 | 0.44 |
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
SILV.L vs. FLXK.L — Risk / Return Rank
SILV.L
FLXK.L
SILV.L vs. FLXK.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Silver Miners UCITS ETF USD Acc (SILV.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.
| SILV.L | FLXK.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.15 | ||
| Sortino ratioReturn per unit of downside risk | -1.74 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.47 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | 1.41 | 5.86 | -4.46 |
| Martin ratioReturn relative to average drawdown | 3.13 | 18.40 | -15.27 |
Loading charts...
Drawdowns
SILV.L vs. FLXK.L - Drawdown Comparison
The maximum SILV.L drawdown since its inception was -38.97%, smaller than the maximum FLXK.L drawdown of -49.43%. Use the drawdown chart below to compare losses from any high point for SILV.L and FLXK.L.
Loading charts...
Drawdown Indicators
| SILV.L | FLXK.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.97% | -49.43% | +10.46% |
Max Drawdown (1Y)Largest decline over 1 year | -38.97% | -24.10% | -14.87% |
Max Drawdown (3Y)Largest decline over 3 years | -38.97% | -28.54% | -10.43% |
Max Drawdown (5Y)Largest decline over 5 years | — | -47.00% | — |
Current DrawdownCurrent decline from peak | -37.24% | -24.10% | -13.14% |
Average DrawdownAverage peak-to-trough decline | -14.11% | -20.23% | +6.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.57% | 7.70% | +9.87% |
Volatility
SILV.L vs. FLXK.L - Volatility Comparison
The current volatility for Global X Silver Miners UCITS ETF USD Acc (SILV.L) is 16.58%, while Franklin FTSE Korea UCITS ETF (FLXK.L) has a volatility of 19.75%. This indicates that SILV.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
| SILV.L | FLXK.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.58% | 19.75% | -3.17% |
Volatility (6M)Calculated over the trailing 6-month period | 45.59% | 41.53% | +4.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.80% | 45.08% | +10.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.18% | 29.63% | +14.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.18% | 29.61% | +14.57% |
Dividends
SILV.L vs. FLXK.L - Dividend Comparison
Neither SILV.L nor FLXK.L has paid dividends to shareholders.
Frequently Asked Questions
SILV.L and FLXK.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.
SILV.L tracks Global X Silver Miners UCITS ETF USD Acc, while FLXK.L tracks Franklin FTSE Korea UCITS ETF. They also come from different issuers: Global X and Franklin.
Find the right allocation for SILV.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