SNOW vs. FLKR

Last updated Aug 1, 2026

SNOW (Snowflake Inc.) is a stock, while FLKR (Franklin FTSE South Korea ETF) is South Korea Equities fund tracking the FTSE South Korea RIC Capped Index. Over the past 5 years, SNOW returned 1.99%/yr vs 14.07%/yr for FLKR. Their 0.34 correlation means their historical movements had little consistent relationship.

Performance

SNOW vs. FLKR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Snowflake Inc. (SNOW) and Franklin FTSE South Korea ETF (FLKR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SNOW achieves a 33.70% return, which is significantly lower than FLKR's 61.37% return.

SNOW

• 1D: -1.62%
• 1M: 12.29%
• 6M: 52.20%
• YTD: 33.70%
• 1Y: 31.22%
• 3Y*: 18.43%
• 5Y*: 1.99%
• 10Y*: —
• ALL TIME*: 3.11%

FLKR

• 1D: -2.28%
• 1M: -15.74%
• 6M: 29.07%
• YTD: 61.37%
• 1Y: 117.49%
• 3Y*: 35.68%
• 5Y*: 14.07%
• 10Y*: —
• ALL TIME*: 11.21%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FLKR Franklin FTSE South Korea ETF	$43.49M	$47.84M	$51.57M
SNOW Snowflake Inc.	$1.36B	$1.31B	$1.77B

SNOW vs. FLKR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
SNOW Snowflake Inc.	33.70%	42.06%	-22.41%	38.64%	-57.63%	20.38%	14.86%
FLKR Franklin FTSE South Korea ETF	61.37%	91.91%	-18.84%	19.16%	-27.50%	-7.54%	30.65%

Correlation

The correlation between SNOW and FLKR is 0.19, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.19
Correlation (3Y) Balances recent behavior with more history.	0.27
Correlation (5Y) Shows whether the relationship held over a longer period.	0.35
Correlation (All Time) Calculated using the full available price history since Sep 16, 2020	0.34

The correlation between SNOW and FLKR shifts across timeframes, from 0.19 (1 year) to 0.35 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

SNOW vs. FLKR — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SNOW

SNOW Risk / Return Rank: 62
SNOW Sharpe Ratio Rank: 62
SNOW Sortino Ratio Rank: 66
SNOW Omega Ratio Rank: 65
SNOW Calmar Ratio Rank: 58
SNOW Martin Ratio Rank: 58

FLKR

FLKR Risk / Return Rank: 85
FLKR Sharpe Ratio Rank: 90
FLKR Sortino Ratio Rank: 80
FLKR Omega Ratio Rank: 84
FLKR Calmar Ratio Rank: 87
FLKR Martin Ratio Rank: 86

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SNOW vs. FLKR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Snowflake Inc. (SNOW) and Franklin FTSE South Korea ETF (FLKR). 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.

	SNOW	FLKR	Difference
Sharpe ratio: Return per unit of total volatility	0.47	2.21	-1.74
Sortino ratio: Return per unit of downside risk	1.27	2.56	-1.29
Omega ratio: Gain probability vs. loss probability	1.16	1.36	-0.20
Calmar ratio: Return relative to maximum drawdown	0.56	3.46	-2.90
Martin ratio: Return relative to average drawdown	1.21	12.27	-11.07

SNOW vs. FLKR - Sharpe Ratio Comparison

The current SNOW Sharpe Ratio is 0.47, which is lower than the FLKR Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of SNOW and FLKR, 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

SNOW vs. FLKR - Drawdown Comparison

The maximum SNOW drawdown since its inception was -72.99%, which is greater than FLKR's maximum drawdown of -50.06%. Use the drawdown chart below to compare losses from any high point for SNOW and FLKR.

Drawdown Indicators

	SNOW	FLKR	Difference
Max Drawdown Largest peak-to-trough decline	-72.99%	-50.06%	-22.93%
Max Drawdown (1Y) Largest decline over 1 year	-56.30%	-34.17%	-22.13%
Max Drawdown (3Y) Largest decline over 3 years	-56.30%	-34.17%	-22.13%
Max Drawdown (5Y) Largest decline over 5 years	-72.99%	-47.97%	-25.02%
Current Drawdown Current decline from peak	-27.02%	-28.42%	+1.40%
Average Drawdown Average peak-to-trough decline	-48.72%	-21.96%	-26.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	26.11%	9.61%	+16.50%

Volatility

SNOW vs. FLKR - Volatility Comparison

The current volatility for Snowflake Inc. (SNOW) is 9.54%, while Franklin FTSE South Korea ETF (FLKR) has a volatility of 21.39%. This indicates that SNOW experiences smaller price fluctuations and is considered to be less risky than FLKR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SNOW	FLKR	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.54%	21.39%	-11.85%
Volatility (6M) Calculated over the trailing 6-month period	52.74%	50.33%	+2.41%
Volatility (1Y) Calculated over the trailing 1-year period	66.43%	53.42%	+13.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	62.02%	32.16%	+29.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	62.28%	29.79%	+32.49%

Dividends

SNOW vs. FLKR - Dividend Comparison

SNOW has not paid dividends to shareholders, while FLKR's dividend yield for the trailing twelve months is around 2.86%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FLKR Franklin FTSE South Korea ETF	2.86%	3.87%	7.08%	2.28%	3.13%	2.12%	0.99%	2.09%	1.86%	1.02%
SNOW Snowflake Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SNOW and FLKR in my portfolio?

SNOW and FLKR have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SNOW or FLKR?

FLKR has higher volatility (21.39%) compared to SNOW (9.54%). In terms of maximum drawdown, SNOW dropped -72.99% vs FLKR's -50.06%.

Which has better risk-adjusted returns?

FLKR currently has the higher Sharpe Ratio (2.21 vs 0.47), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.