WQDV.L vs. FLXK.L
WQDV.L (iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist)) and FLXK.L (Franklin FTSE Korea UCITS ETF) are both Global Equities funds - WQDV.L tracks the MSCI World High Dividend Yield ESG Reduced Carbon Target Select Index while FLXK.L tracks the Franklin FTSE Korea UCITS ETF. Both are passively managed. Over the past 5 years, WQDV.L returned 12.21%/yr vs 15.67%/yr for FLXK.L. A 0.59 correlation means they provide meaningful diversification when combined. WQDV.L charges 0.38%/yr vs 0.09%/yr for FLXK.L.
Performance
WQDV.L vs. FLXK.L - Performance Comparison
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Returns By Period
In the year-to-date period, WQDV.L achieves a 15.40% return, which is significantly lower than FLXK.L's 75.46% return.
WQDV.L
- 1D
- -0.21%
- 1M
- -0.00%
- 6M
- 13.77%
- YTD
- 15.40%
- 1Y
- 29.00%
- 3Y*
- 18.44%
- 5Y*
- 12.21%
- 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*
- —
WQDV.L vs. FLXK.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
WQDV.L iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist) | 15.40% | 24.16% | 9.75% | 17.23% | -6.95% | 16.00% | -0.07% | 13.91% |
FLXK.L Franklin FTSE Korea UCITS ETF | 75.46% | 94.79% | -21.63% | 20.77% | -28.01% | -6.85% | 47.31% | 13.27% |
Correlation
The correlation between WQDV.L and FLXK.L is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.53 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.59 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.59 |
Correlation (All Time) Calculated using the full available price history since Jun 4, 2019 | 0.59 |
The correlation between WQDV.L and FLXK.L has been stable across timeframes, ranging from 0.53 to 0.59 - a consistent structural relationship.
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Return for Risk
WQDV.L vs. FLXK.L — Risk / Return Rank
WQDV.L
FLXK.L
WQDV.L vs. FLXK.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist) (WQDV.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.
| WQDV.L | FLXK.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.72 | ||
| Sortino ratioReturn per unit of downside risk | +0.32 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.47 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.71 | 5.86 | -2.16 |
| Martin ratioReturn relative to average drawdown | 13.72 | 18.40 | -4.68 |
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Drawdowns
WQDV.L vs. FLXK.L - Drawdown Comparison
The maximum WQDV.L drawdown since its inception was -33.16%, smaller than the maximum FLXK.L drawdown of -49.43%. Use the drawdown chart below to compare losses from any high point for WQDV.L and FLXK.L.
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Drawdown Indicators
| WQDV.L | FLXK.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.16% | -49.43% | +16.27% |
Max Drawdown (1Y)Largest decline over 1 year | -7.79% | -24.10% | +16.31% |
Max Drawdown (3Y)Largest decline over 3 years | -14.03% | -28.54% | +14.51% |
Max Drawdown (5Y)Largest decline over 5 years | -21.24% | -47.00% | +25.76% |
Current DrawdownCurrent decline from peak | -0.52% | -24.10% | +23.58% |
Average DrawdownAverage peak-to-trough decline | -4.24% | -20.23% | +15.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.11% | 7.70% | -5.59% |
Volatility
WQDV.L vs. FLXK.L - Volatility Comparison
The current volatility for iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist) (WQDV.L) is 3.00%, while Franklin FTSE Korea UCITS ETF (FLXK.L) has a volatility of 19.75%. This indicates that WQDV.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
| WQDV.L | FLXK.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.00% | 19.75% | -16.75% |
Volatility (6M)Calculated over the trailing 6-month period | 9.64% | 41.53% | -31.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.95% | 45.08% | -33.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.89% | 29.63% | -15.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.63% | 29.61% | -14.98% |
WQDV.L vs. FLXK.L - Expense Ratio Comparison
WQDV.L has a 0.38% expense ratio, which is higher than FLXK.L's 0.09% expense ratio.
Dividends
WQDV.L vs. FLXK.L - Dividend Comparison
WQDV.L's dividend yield for the trailing twelve months is around 2.14%, while FLXK.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
FLXK.L Franklin FTSE Korea UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WQDV.L iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist) | 2.14% | 2.31% | 2.58% | 2.78% | 2.95% | 2.75% | 2.81% | 3.01% | 3.28% | 0.77% |
Frequently Asked Questions
WQDV.L and FLXK.L have a correlation of 0.53, 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 0.38% for WQDV.L.
WQDV.L tracks MSCI World High Dividend Yield ESG Reduced Carbon Target Select Index, while FLXK.L tracks Franklin FTSE Korea UCITS ETF. They also come from different issuers: iShares and Franklin. Their fees differ too: 0.38% for WQDV.L and 0.09% for FLXK.L.
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