USCI vs. FLKR
USCI (United States Commodity Index Fund) and FLKR (Franklin FTSE South Korea ETF) are both exchange-traded funds - USCI is a Commodities fund tracking the SummerHaven Dynamic Commodity Index Total Return, while FLKR is a South Korea Equities fund tracking the FTSE South Korea RIC Capped Index. Both are passively managed. Over the past 5 years, USCI returned 19.95%/yr vs 14.07%/yr for FLKR. Their 0.27 correlation means their historical movements had little consistent relationship. USCI charges 1.03%/yr vs 0.09%/yr for FLKR.
Performance
USCI vs. FLKR - Performance Comparison
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Returns By Period
In the year-to-date period, USCI achieves a 30.16% return, which is significantly lower than FLKR's 61.37% return.
USCI
- 1D
- 0.05%
- 1M
- 9.30%
- 6M
- 19.52%
- YTD
- 30.16%
- 1Y
- 35.83%
- 3Y*
- 19.78%
- 5Y*
- 19.95%
- 10Y*
- 9.20%
- ALL TIME*
- 4.50%
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%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $43.49M | $47.84M | $51.57M | |
| $1.01M | $1.13M | $1.88M |
USCI vs. FLKR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
USCI United States Commodity Index Fund | 30.16% | 17.63% | 17.24% | 0.00% | 29.47% | 33.07% | -11.47% | -1.68% | -11.76% | 2.83% |
FLKR Franklin FTSE South Korea ETF | 61.37% | 91.91% | -18.84% | 19.16% | -27.50% | -7.54% | 42.64% | 8.88% | -21.30% | 3.00% |
Correlation
The correlation between USCI and FLKR is 0.05, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.05 |
Correlation (3Y) Balances recent behavior with more history. | 0.15 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.23 |
Correlation (All Time) Calculated using the full available price history since Nov 6, 2017 | 0.27 |
Over the past year, the correlation between USCI and FLKR has dropped to 0.05 - well below their long-term average of 0.27, suggesting their price drivers have been diverging.
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Return for Risk
USCI vs. FLKR — Risk / Return Rank
USCI
FLKR
USCI vs. FLKR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for United States Commodity Index Fund (USCI) 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.
| USCI | FLKR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.11 | ||
| Sortino ratioReturn per unit of downside risk | +0.22 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.36 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 3.22 | 3.46 | -0.24 |
| Martin ratioReturn relative to average drawdown | 10.29 | 12.27 | -1.98 |
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Drawdowns
USCI vs. FLKR - Drawdown Comparison
The maximum USCI drawdown since its inception was -66.41%, which is greater than FLKR's maximum drawdown of -50.06%. Use the drawdown chart below to compare losses from any high point for USCI and FLKR.
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Drawdown Indicators
| USCI | FLKR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.41% | -50.06% | -16.35% |
Max Drawdown (1Y)Largest decline over 1 year | -11.19% | -34.17% | +22.98% |
Max Drawdown (3Y)Largest decline over 3 years | -12.01% | -34.17% | +22.16% |
Max Drawdown (5Y)Largest decline over 5 years | -18.84% | -47.97% | +29.13% |
Max Drawdown (10Y)Largest decline over 10 years | -45.82% | — | — |
Current DrawdownCurrent decline from peak | -1.85% | -28.42% | +26.57% |
Average DrawdownAverage peak-to-trough decline | -29.27% | -21.96% | -7.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.50% | 9.61% | -6.11% |
Volatility
USCI vs. FLKR - Volatility Comparison
The current volatility for United States Commodity Index Fund (USCI) is 5.30%, while Franklin FTSE South Korea ETF (FLKR) has a volatility of 21.39%. This indicates that USCI 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.
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Volatility by Period
| USCI | FLKR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.30% | 21.39% | -16.09% |
Volatility (6M)Calculated over the trailing 6-month period | 14.27% | 50.33% | -36.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.21% | 53.42% | -36.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.42% | 32.16% | -13.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.91% | 29.79% | -13.88% |
USCI vs. FLKR - Expense Ratio Comparison
USCI has a 1.03% expense ratio, which is higher than FLKR's 0.09% expense ratio.
Dividends
USCI vs. FLKR - Dividend Comparison
USCI 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% |
USCI United States Commodity Index Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
USCI and FLKR have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FLKR has higher volatility (21.39%) compared to USCI (5.30%). In terms of maximum drawdown, USCI dropped -66.41% vs FLKR's -50.06%.
On 5-year performance, USCI leads with 19.95% vs 14.07% for FLKR. On fees, FLKR is cheaper at 0.09% per year. On volatility, USCI has been the lower-risk option at 5.30%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, USCI has performed better with a 19.95% return vs 14.07%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FLKR is cheaper with a 0.09% expense ratio, compared with 1.03% for USCI.
FLKR has the higher dividend yield at 2.86%, compared with 0.00% for USCI.
USCI is categorized as Commodities, while FLKR is South Korea Equities. USCI tracks SummerHaven Dynamic Commodity Index Total Return, while FLKR tracks FTSE South Korea RIC Capped Index. They also come from different issuers: USCF and Franklin Templeton. Their fees differ too: 1.03% for USCI and 0.09% for FLKR.
FLKR currently has the higher Sharpe Ratio (2.21 vs 2.10), 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.
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