SPYA.DE vs. FLXK.DE
SPYA.DE (SPDR MSCI EM Asia UCITS ETF) and FLXK.DE (Franklin FTSE Korea UCITS ETF) are both Asia Pacific Equities funds - SPYA.DE tracks the MSCI Emerging Markets Asia while FLXK.DE tracks the FTSE Korea 30/18 Capped. Both are passively managed. Over the past 5 years, SPYA.DE returned 8.39%/yr vs 20.42%/yr for FLXK.DE. A 0.76 correlation means they provide meaningful diversification when combined. SPYA.DE charges 0.55%/yr vs 0.09%/yr for FLXK.DE.
Performance
SPYA.DE vs. FLXK.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SPYA.DE achieves a 32.76% return, which is significantly lower than FLXK.DE's 113.07% return.
SPYA.DE
- 1D
- -1.79%
- 1M
- 7.19%
- YTD
- 32.76%
- 6M
- 34.22%
- 1Y
- 53.92%
- 3Y*
- 22.22%
- 5Y*
- 8.39%
- 10Y*
- 10.77%
FLXK.DE
- 1D
- -5.45%
- 1M
- 18.44%
- YTD
- 113.07%
- 6M
- 130.94%
- 1Y
- 225.04%
- 3Y*
- 46.07%
- 5Y*
- 20.42%
- 10Y*
- —
SPYA.DE vs. FLXK.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
SPYA.DE SPDR MSCI EM Asia UCITS ETF | 32.76% | 17.77% | 17.39% | 3.14% | -16.02% | 1.17% | 15.21% | 15.98% |
FLXK.DE Franklin FTSE Korea UCITS ETF | 113.07% | 73.17% | -17.06% | 16.74% | -23.45% | 0.14% | 34.15% | 14.19% |
Correlation
The correlation between SPYA.DE and FLXK.DE is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.82 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.74 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.74 |
Correlation (All Time) Calculated using the full available price history since Jun 6, 2019 | 0.76 |
The correlation between SPYA.DE and FLXK.DE has been stable across timeframes, ranging from 0.74 to 0.82 - a consistent structural relationship.
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
SPYA.DE vs. FLXK.DE — Risk / Return Rank
SPYA.DE
FLXK.DE
SPYA.DE vs. FLXK.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI EM Asia UCITS ETF (SPYA.DE) and Franklin FTSE Korea UCITS ETF (FLXK.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.
| SPYA.DE | FLXK.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.11 | ||
| Sortino ratioReturn per unit of downside risk | -1.83 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.79 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | 4.82 | 10.68 | -5.86 |
| Martin ratioReturn relative to average drawdown | 16.86 | 38.63 | -21.76 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| SPYA.DE | FLXK.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.80 | 5.91 | -3.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.45 | 0.80 | -0.34 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.58 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.84 | -0.39 |
Drawdowns
SPYA.DE vs. FLXK.DE - Drawdown Comparison
The maximum SPYA.DE drawdown since its inception was -35.34%, smaller than the maximum FLXK.DE drawdown of -39.43%. Use the drawdown chart below to compare losses from any high point for SPYA.DE and FLXK.DE.
Loading charts...
Drawdown Indicators
| SPYA.DE | FLXK.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.34% | -39.43% | +4.09% |
Max Drawdown (1Y)Largest decline over 1 year | -11.13% | -20.92% | +9.79% |
Max Drawdown (3Y)Largest decline over 3 years | -21.39% | -29.99% | +8.60% |
Max Drawdown (5Y)Largest decline over 5 years | -29.31% | -39.36% | +10.05% |
Max Drawdown (10Y)Largest decline over 10 years | -33.85% | — | — |
Current DrawdownCurrent decline from peak | -2.98% | -5.90% | +2.92% |
Average DrawdownAverage peak-to-trough decline | -10.94% | -15.54% | +4.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.19% | 5.80% | -2.61% |
Volatility
SPYA.DE vs. FLXK.DE - Volatility Comparison
The current volatility for SPDR MSCI EM Asia UCITS ETF (SPYA.DE) is 8.10%, while Franklin FTSE Korea UCITS ETF (FLXK.DE) has a volatility of 17.58%. This indicates that SPYA.DE experiences smaller price fluctuations and is considered to be less risky than FLXK.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SPYA.DE | FLXK.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.10% | 17.58% | -9.48% |
Volatility (6M)Calculated over the trailing 6-month period | 16.09% | 33.23% | -17.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.17% | 37.87% | -18.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.38% | 25.35% | -6.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.19% | 26.75% | -7.56% |
SPYA.DE vs. FLXK.DE - Expense Ratio Comparison
SPYA.DE has a 0.55% expense ratio, which is higher than FLXK.DE's 0.09% expense ratio.
Dividends
SPYA.DE vs. FLXK.DE - Dividend Comparison
Neither SPYA.DE nor FLXK.DE has paid dividends to shareholders.
Frequently Asked Questions
SPYA.DE and FLXK.DE have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FLXK.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FLXK.DE is cheaper with a 0.09% expense ratio, compared with 0.55% for SPYA.DE.
SPYA.DE tracks MSCI Emerging Markets Asia, while FLXK.DE tracks FTSE Korea 30/18 Capped. They also come from different issuers: State Street and Franklin Templeton. Their fees differ too: 0.55% for SPYA.DE and 0.09% for FLXK.DE.
Find the right allocation for SPYA.DE and FLXK.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