URTH vs. FLIN

Last updated Jun 13, 2026

URTH (iShares MSCI World ETF) and FLIN (Franklin FTSE India ETF) are both exchange-traded funds - URTH is a Global Equities fund tracking the MSCI World Index (Net), while FLIN is a Asia Pacific Equities fund tracking the FTSE India RIC Capped Index. Both are passively managed. Over the past 5 years, URTH returned 11.45%/yr vs 3.89%/yr for FLIN. A 0.53 correlation means they provide meaningful diversification when combined. URTH charges 0.24%/yr vs 0.19%/yr for FLIN.

Performance

URTH vs. FLIN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI World ETF (URTH) and Franklin FTSE India ETF (FLIN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, URTH achieves a 8.91% return, which is significantly higher than FLIN's -10.29% return.

URTH

• 1D: 0.39%
• 1M: -0.21%
• YTD: 8.91%
• 6M: 9.60%
• 1Y: 24.56%
• 3Y*: 19.60%
• 5Y*: 11.45%
• 10Y*: 13.38%

FLIN

• 1D: 1.11%
• 1M: -0.40%
• YTD: -10.29%
• 6M: -8.41%
• 1Y: -10.13%
• 3Y*: 5.77%
• 5Y*: 3.89%
• 10Y*: —

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

URTH vs. FLIN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
URTH iShares MSCI World ETF	8.91%	21.36%	18.66%	23.95%	-17.97%	22.27%	15.78%	28.15%	-8.34%
FLIN Franklin FTSE India ETF	-10.29%	2.40%	10.33%	20.58%	-7.96%	24.96%	14.50%	4.77%	-7.13%

Correlation

The correlation between URTH and FLIN is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.49
Correlation (3Y) Calculated over the trailing 3-year period	0.47
Correlation (5Y) Calculated over the trailing 5-year period	0.55
Correlation (All Time) Calculated using the full available price history since Feb 8, 2018	0.53

The correlation between URTH and FLIN has been stable across timeframes, ranging from 0.47 to 0.55 - a consistent structural relationship.

URTH vs. FLIN - Sectors Allocation Comparison

Sectors	URTH	FLIN
Technology	28.3%	8.4%
Financial Services	15.8%	27.2%
Industrials	11.3%	10.3%
Consumer Cyclical	9.3%	12.0%
Communication Services	9.3%	4.6%
Healthcare	8.8%	6.5%
Consumer Defensive	5.2%	5.8%
Energy	4.2%	9.5%
Basic Materials	3.3%	9.2%
Utilities	2.7%	5.3%
Real Estate	1.9%	1.3%

Return for Risk

URTH vs. FLIN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

URTH

URTH Risk / Return Rank: 64
URTH Sharpe Ratio Rank: 65
URTH Sortino Ratio Rank: 64
URTH Omega Ratio Rank: 63
URTH Calmar Ratio Rank: 59
URTH Martin Ratio Rank: 71

FLIN

FLIN Risk / Return Rank: 3
FLIN Sharpe Ratio Rank: 3
FLIN Sortino Ratio Rank: 4
FLIN Omega Ratio Rank: 4
FLIN Calmar Ratio Rank: 5
FLIN Martin Ratio Rank: 2

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

URTH vs. FLIN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World ETF (URTH) and Franklin FTSE India ETF (FLIN). 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.

	URTH	FLIN	Difference
Sharpe ratio: Return per unit of total volatility	1.85	-0.76	+2.61
Sortino ratio: Return per unit of downside risk	2.55	-1.03	+3.58
Omega ratio: Gain probability vs. loss probability	1.33	0.88	+0.45
Calmar ratio: Return relative to maximum drawdown	2.56	-0.61	+3.17
Martin ratio: Return relative to average drawdown	11.37	-1.44	+12.81

URTH vs. FLIN - Sharpe Ratio Comparison

The current URTH Sharpe Ratio is 1.85, which is higher than the FLIN Sharpe Ratio of -0.76. The chart below compares the historical Sharpe Ratios of URTH and FLIN, 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

URTH vs. FLIN - Drawdown Comparison

The maximum URTH drawdown since its inception was -34.01%, smaller than the maximum FLIN drawdown of -41.90%. Use the drawdown chart below to compare losses from any high point for URTH and FLIN.

Drawdown Indicators

	URTH	FLIN	Difference
Max Drawdown Largest peak-to-trough decline	-34.01%	-41.90%	+7.89%
Max Drawdown (1Y) Largest decline over 1 year	-9.06%	-18.79%	+9.73%
Max Drawdown (3Y) Largest decline over 3 years	-16.94%	-22.85%	+5.91%
Max Drawdown (5Y) Largest decline over 5 years	-26.05%	-22.85%	-3.20%
Max Drawdown (10Y) Largest decline over 10 years	-34.01%	—	—
Current Drawdown Current decline from peak	-1.87%	-17.41%	+15.54%
Average Drawdown Average peak-to-trough decline	-4.37%	-8.04%	+3.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.04%	7.93%	-5.89%

Volatility

URTH vs. FLIN - Volatility Comparison

iShares MSCI World ETF (URTH) has a higher volatility of 4.55% compared to Franklin FTSE India ETF (FLIN) at 4.11%. This indicates that URTH's price experiences larger fluctuations and is considered to be riskier than FLIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	URTH	FLIN	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.55%	4.11%	+0.44%
Volatility (6M) Calculated over the trailing 6-month period	10.11%	12.89%	-2.78%
Volatility (1Y) Calculated over the trailing 1-year period	12.57%	15.03%	-2.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.26%	15.76%	+0.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.29%	20.43%	-3.14%

URTH vs. FLIN - Expense Ratio Comparison

URTH has a 0.24% expense ratio, which is higher than FLIN's 0.19% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

URTH vs. FLIN - Dividend Comparison

URTH's dividend yield for the trailing twelve months is around 1.36%, more than FLIN's 0.62% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FLIN Franklin FTSE India ETF	0.62%	0.56%	1.58%	0.73%	0.73%	2.26%	0.68%	0.90%	0.92%	0.00%	0.00%	0.00%
URTH iShares MSCI World ETF	1.36%	1.48%	1.47%	1.70%	1.68%	1.50%	1.52%	2.16%	2.30%	1.88%	2.15%	2.35%

Frequently Asked Questions

Can I hold both URTH and FLIN in my portfolio?

URTH and FLIN have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, URTH or FLIN?

URTH has higher volatility (4.55%) compared to FLIN (4.11%). In terms of maximum drawdown, URTH dropped -34.01% vs FLIN's -41.90%.

Which ETF is better, URTH or FLIN?

On 5-year performance, URTH leads with 11.45% vs 3.89% for FLIN. On fees, FLIN is cheaper at 0.19% per year. On volatility, FLIN has been the lower-risk option at 4.11%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, URTH or FLIN?

Over the 5-year period, URTH has performed better with a 11.45% return vs 3.89%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, URTH or FLIN?

FLIN is cheaper with a 0.19% expense ratio, compared with 0.24% for URTH.

Which ETF pays a higher dividend yield, URTH or FLIN?

URTH has the higher dividend yield at 1.36%, compared with 0.62% for FLIN.

What is the main difference between URTH and FLIN?

URTH is categorized as Global Equities, while FLIN is Asia Pacific Equities. URTH tracks MSCI World Index (Net), while FLIN tracks FTSE India RIC Capped Index. They also come from different issuers: iShares and Franklin Templeton. Their fees differ too: 0.24% for URTH and 0.19% for FLIN.

Which has better risk-adjusted returns?

URTH currently has the higher Sharpe Ratio (1.85 vs -0.76), 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.