SK9A.DE vs. FLXD.DE
SK9A.DE (Expat Slovakia SAX UCITS ETF) and FLXD.DE (Franklin European Quality Dividend UCITS ETF) are both Europe Equities funds - SK9A.DE tracks the SAX Index while FLXD.DE tracks the MSCI Europe High Div Yld NR EUR. Both are passively managed. Over the past 5 years, SK9A.DE returned -11.34%/yr vs 12.36%/yr for FLXD.DE. At a 0.02 correlation, their price movements are largely independent. SK9A.DE charges 1.38%/yr vs 0.25%/yr for FLXD.DE.
Performance
SK9A.DE vs. FLXD.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SK9A.DE achieves a -5.23% return, which is significantly lower than FLXD.DE's 12.01% return.
SK9A.DE
- 1D
- 0.09%
- 1M
- 4.26%
- 6M
- -3.96%
- YTD
- -5.23%
- 1Y
- -8.43%
- 3Y*
- -8.81%
- 5Y*
- -11.34%
- 10Y*
- —
FLXD.DE
- 1D
- -0.41%
- 1M
- -0.60%
- 6M
- 11.38%
- YTD
- 12.01%
- 1Y
- 19.99%
- 3Y*
- 18.84%
- 5Y*
- 12.36%
- 10Y*
- —
SK9A.DE vs. FLXD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
SK9A.DE Expat Slovakia SAX UCITS ETF | -5.23% | -7.70% | -11.57% | -2.72% | -26.07% | 0.64% | -6.13% | -2.42% | -10.23% |
FLXD.DE Franklin European Quality Dividend UCITS ETF | 12.01% | 24.53% | 12.34% | 10.31% | -0.48% | 16.07% | -3.54% | 23.50% | -7.14% |
Correlation
The correlation between SK9A.DE and FLXD.DE is -0.01, 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 | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.02 |
Correlation (All Time) Calculated using the full available price history since Apr 16, 2018 | 0.02 |
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
SK9A.DE vs. FLXD.DE — Risk / Return Rank
SK9A.DE
FLXD.DE
SK9A.DE vs. FLXD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Expat Slovakia SAX UCITS ETF (SK9A.DE) and Franklin European Quality Dividend UCITS ETF (FLXD.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.
| SK9A.DE | FLXD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.08 | ||
| Sortino ratioReturn per unit of downside risk | -4.36 | ||
| Omega ratioGain probability vs. loss probability | 0.84 | 1.41 | -0.57 |
| Calmar ratioReturn relative to maximum drawdown | -0.55 | 4.97 | -5.51 |
| Martin ratioReturn relative to average drawdown | -1.04 | 12.65 | -13.69 |
Loading charts...
Drawdowns
SK9A.DE vs. FLXD.DE - Drawdown Comparison
The maximum SK9A.DE drawdown since its inception was -73.30%, which is greater than FLXD.DE's maximum drawdown of -35.13%. Use the drawdown chart below to compare losses from any high point for SK9A.DE and FLXD.DE.
Loading charts...
Drawdown Indicators
| SK9A.DE | FLXD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.30% | -35.13% | -38.17% |
Max Drawdown (1Y)Largest decline over 1 year | -15.32% | -4.01% | -11.31% |
Max Drawdown (3Y)Largest decline over 3 years | -31.08% | -10.07% | -21.01% |
Max Drawdown (5Y)Largest decline over 5 years | -49.50% | -14.17% | -35.33% |
Current DrawdownCurrent decline from peak | -71.32% | -2.14% | -69.18% |
Average DrawdownAverage peak-to-trough decline | -45.90% | -3.86% | -42.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.06% | 1.58% | +6.48% |
Volatility
SK9A.DE vs. FLXD.DE - Volatility Comparison
Expat Slovakia SAX UCITS ETF (SK9A.DE) has a higher volatility of 5.90% compared to Franklin European Quality Dividend UCITS ETF (FLXD.DE) at 2.57%. This indicates that SK9A.DE's price experiences larger fluctuations and is considered to be riskier than FLXD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SK9A.DE | FLXD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.90% | 2.57% | +3.33% |
Volatility (6M)Calculated over the trailing 6-month period | 7.80% | 7.16% | +0.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.02% | 8.90% | +1.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.51% | 11.64% | -2.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.29% | 14.04% | +24.25% |
SK9A.DE vs. FLXD.DE - Expense Ratio Comparison
SK9A.DE has a 1.38% expense ratio, which is higher than FLXD.DE's 0.25% expense ratio.
Dividends
SK9A.DE vs. FLXD.DE - Dividend Comparison
SK9A.DE has not paid dividends to shareholders, while FLXD.DE's dividend yield for the trailing twelve months is around 3.94%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
FLXD.DE Franklin European Quality Dividend UCITS ETF | 3.94% | 4.27% | 4.31% | 4.99% | 5.20% | 4.61% | 3.48% | 4.38% | 5.45% | 0.72% |
SK9A.DE Expat Slovakia SAX UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SK9A.DE and FLXD.DE have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FLXD.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FLXD.DE is cheaper with a 0.25% expense ratio, compared with 1.38% for SK9A.DE.
SK9A.DE tracks SAX Index, while FLXD.DE tracks MSCI Europe High Div Yld NR EUR. They also come from different issuers: Expat and Franklin Templeton. Their fees differ too: 1.38% for SK9A.DE and 0.25% for FLXD.DE.
Find the right allocation for SK9A.DE and FLXD.DE
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