WNDY.L vs. FLXK.L
WNDY.L (Global X Wind Energy UCITS ETF USD Acc) and FLXK.L (Franklin FTSE Korea UCITS ETF) are both Global Equities funds - WNDY.L tracks the Global X Wind Energy UCITS ETF USD Acc while FLXK.L tracks the Franklin FTSE Korea UCITS ETF. Both are passively managed. Over the past 3 years, WNDY.L returned -1.37%/yr vs 39.45%/yr for FLXK.L. At a 0.47 correlation, their price movements are largely independent. WNDY.L charges 0.50%/yr vs 0.09%/yr for FLXK.L.
Performance
WNDY.L vs. FLXK.L - Performance Comparison
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Returns By Period
In the year-to-date period, WNDY.L achieves a 1.27% return, which is significantly lower than FLXK.L's 75.46% return.
WNDY.L
- 1D
- -0.25%
- 1M
- -8.64%
- 6M
- -5.98%
- YTD
- 1.27%
- 1Y
- 16.65%
- 3Y*
- -1.37%
- 5Y*
- —
- 10Y*
- —
FLXK.L
- 1D
- -1.68%
- 1M
- -19.56%
- 6M
- 57.13%
- YTD
- 75.46%
- 1Y
- 141.50%
- 3Y*
- 39.45%
- 5Y*
- 15.67%
- 10Y*
- —
WNDY.L vs. FLXK.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
WNDY.L Global X Wind Energy UCITS ETF USD Acc | 1.27% | 32.58% | -20.21% | -19.30% | -12.05% |
FLXK.L Franklin FTSE Korea UCITS ETF | 75.46% | 94.79% | -21.63% | 20.77% | -21.56% |
Correlation
The correlation between WNDY.L and FLXK.L is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Feb 8, 2022 | 0.47 |
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Return for Risk
WNDY.L vs. FLXK.L — Risk / Return Rank
WNDY.L
FLXK.L
WNDY.L vs. FLXK.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Wind Energy UCITS ETF USD Acc (WNDY.L) and Franklin FTSE Korea UCITS ETF (FLXK.L). 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.
| WNDY.L | FLXK.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.38 | ||
| Sortino ratioReturn per unit of downside risk | -2.14 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.47 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | 0.78 | 5.86 | -5.09 |
| Martin ratioReturn relative to average drawdown | 2.59 | 18.40 | -15.81 |
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Drawdowns
WNDY.L vs. FLXK.L - Drawdown Comparison
The maximum WNDY.L drawdown since its inception was -52.51%, which is greater than FLXK.L's maximum drawdown of -49.43%. Use the drawdown chart below to compare losses from any high point for WNDY.L and FLXK.L.
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Drawdown Indicators
| WNDY.L | FLXK.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.51% | -49.43% | -3.08% |
Max Drawdown (1Y)Largest decline over 1 year | -21.77% | -24.10% | +2.33% |
Max Drawdown (3Y)Largest decline over 3 years | -35.99% | -28.54% | -7.45% |
Max Drawdown (5Y)Largest decline over 5 years | — | -47.00% | — |
Current DrawdownCurrent decline from peak | -29.07% | -24.10% | -4.97% |
Average DrawdownAverage peak-to-trough decline | -30.23% | -20.23% | -10.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.56% | 7.70% | -1.14% |
Volatility
WNDY.L vs. FLXK.L - Volatility Comparison
The current volatility for Global X Wind Energy UCITS ETF USD Acc (WNDY.L) is 8.27%, while Franklin FTSE Korea UCITS ETF (FLXK.L) has a volatility of 19.75%. This indicates that WNDY.L experiences smaller price fluctuations and is considered to be less risky than FLXK.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WNDY.L | FLXK.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.27% | 19.75% | -11.48% |
Volatility (6M)Calculated over the trailing 6-month period | 17.03% | 41.53% | -24.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.39% | 45.08% | -22.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.08% | 29.63% | -6.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.08% | 29.61% | -6.53% |
WNDY.L vs. FLXK.L - Expense Ratio Comparison
WNDY.L has a 0.50% expense ratio, which is higher than FLXK.L's 0.09% expense ratio.
Dividends
WNDY.L vs. FLXK.L - Dividend Comparison
Neither WNDY.L nor FLXK.L has paid dividends to shareholders.
Frequently Asked Questions
WNDY.L and FLXK.L have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FLXK.L is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FLXK.L is cheaper with a 0.09% expense ratio, compared with 0.50% for WNDY.L.
WNDY.L tracks Global X Wind Energy UCITS ETF USD Acc, while FLXK.L tracks Franklin FTSE Korea UCITS ETF. They also come from different issuers: Global X and Franklin. Their fees differ too: 0.50% for WNDY.L and 0.09% for FLXK.L.
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