XCS3.DE vs. FLXT.DE

Last updated Jul 4, 2026

XCS3.DE (Xtrackers MSCI Malaysia UCITS ETF (Acc)) and FLXT.DE (Franklin FTSE Taiwan UCITS ETF USD Capitalisation) are both exchange-traded funds - XCS3.DE is a Asia Pacific Equities fund tracking the MSCI Malaysia Index, while FLXT.DE is a Taiwan Equities fund tracking the FTSE Taiwan 30/18 Capped. Both are passively managed. Over the past 3 years, XCS3.DE returned 12.77%/yr vs 41.90%/yr for FLXT.DE. At a 0.34 correlation, their price movements are largely independent. XCS3.DE charges 0.50%/yr vs 0.19%/yr for FLXT.DE.

Performance

XCS3.DE vs. FLXT.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers MSCI Malaysia UCITS ETF (Acc) (XCS3.DE) and Franklin FTSE Taiwan UCITS ETF USD Capitalisation (FLXT.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XCS3.DE achieves a 4.19% return, which is significantly lower than FLXT.DE's 72.44% return.

XCS3.DE

• 1D: 1.39%
• 1M: -0.08%
• 6M: 4.28%
• YTD: 4.19%
• 1Y: 19.31%
• 3Y*: 12.77%
• 5Y*: 5.98%
• 10Y*: 1.97%

FLXT.DE

• 1D: 0.00%
• 1M: 0.06%
• 6M: 69.74%
• YTD: 72.44%
• 1Y: 102.04%
• 3Y*: 41.90%
• 5Y*: —
• 10Y*: —

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

XCS3.DE vs. FLXT.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
XCS3.DE Xtrackers MSCI Malaysia UCITS ETF (Acc)	4.19%	3.11%	26.75%	-7.60%	-4.17%
FLXT.DE Franklin FTSE Taiwan UCITS ETF USD Capitalisation	72.44%	19.89%	30.42%	25.56%	-22.30%

Correlation

The correlation between XCS3.DE and FLXT.DE is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.34
Correlation (3Y) Calculated over the trailing 3-year period	0.32
Correlation (All Time) Calculated using the full available price history since Mar 22, 2022	0.34

Return for Risk

XCS3.DE vs. FLXT.DE — Risk / Return Rank

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

XCS3.DE

XCS3.DE Risk / Return Rank: 49
XCS3.DE Sharpe Ratio Rank: 47
XCS3.DE Sortino Ratio Rank: 48
XCS3.DE Omega Ratio Rank: 43
XCS3.DE Calmar Ratio Rank: 60
XCS3.DE Martin Ratio Rank: 50

FLXT.DE

FLXT.DE Risk / Return Rank: 97
FLXT.DE Sharpe Ratio Rank: 97
FLXT.DE Sortino Ratio Rank: 96
FLXT.DE Omega Ratio Rank: 96
FLXT.DE Calmar Ratio Rank: 98
FLXT.DE Martin Ratio Rank: 97

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.

XCS3.DE vs. FLXT.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Malaysia UCITS ETF (Acc) (XCS3.DE) and Franklin FTSE Taiwan UCITS ETF USD Capitalisation (FLXT.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.

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.

	XCS3.DE	FLXT.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.37	4.06	-2.70
Sortino ratio: Return per unit of downside risk	2.00	4.76	-2.76
Omega ratio: Gain probability vs. loss probability	1.24	1.64	-0.40
Calmar ratio: Return relative to maximum drawdown	2.45	11.34	-8.89
Martin ratio: Return relative to average drawdown	6.95	31.59	-24.64

XCS3.DE vs. FLXT.DE - Sharpe Ratio Comparison

The current XCS3.DE Sharpe Ratio is 1.37, which is lower than the FLXT.DE Sharpe Ratio of 4.06. The chart below compares the historical Sharpe Ratios of XCS3.DE and FLXT.DE, 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

XCS3.DE vs. FLXT.DE - Drawdown Comparison

The maximum XCS3.DE drawdown since its inception was -43.32%, which is greater than FLXT.DE's maximum drawdown of -31.16%. Use the drawdown chart below to compare losses from any high point for XCS3.DE and FLXT.DE.

Drawdown Indicators

	XCS3.DE	FLXT.DE	Difference
Max Drawdown Largest peak-to-trough decline	-43.32%	-31.16%	-12.16%
Max Drawdown (1Y) Largest decline over 1 year	-7.85%	-9.05%	+1.20%
Max Drawdown (3Y) Largest decline over 3 years	-21.83%	-31.16%	+9.33%
Max Drawdown (5Y) Largest decline over 5 years	-21.83%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-35.49%	—	—
Current Drawdown Current decline from peak	-6.19%	-5.61%	-0.58%
Average Drawdown Average peak-to-trough decline	-17.45%	-8.11%	-9.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.76%	3.26%	-0.50%

Volatility

XCS3.DE vs. FLXT.DE - Volatility Comparison

The current volatility for Xtrackers MSCI Malaysia UCITS ETF (Acc) (XCS3.DE) is 3.88%, while Franklin FTSE Taiwan UCITS ETF USD Capitalisation (FLXT.DE) has a volatility of 10.85%. This indicates that XCS3.DE experiences smaller price fluctuations and is considered to be less risky than FLXT.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XCS3.DE	FLXT.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.88%	10.85%	-6.97%
Volatility (6M) Calculated over the trailing 6-month period	10.90%	21.03%	-10.13%
Volatility (1Y) Calculated over the trailing 1-year period	14.06%	25.34%	-11.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.17%	22.25%	-9.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.03%	22.25%	-7.22%

XCS3.DE vs. FLXT.DE - Expense Ratio Comparison

XCS3.DE has a 0.50% expense ratio, which is higher than FLXT.DE's 0.19% expense ratio.

Dividends

XCS3.DE vs. FLXT.DE - Dividend Comparison

Neither XCS3.DE nor FLXT.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both XCS3.DE and FLXT.DE in my portfolio?

XCS3.DE and FLXT.DE have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XCS3.DE or FLXT.DE?

On fees, FLXT.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XCS3.DE or FLXT.DE?

FLXT.DE is cheaper with a 0.19% expense ratio, compared with 0.50% for XCS3.DE.

What is the main difference between XCS3.DE and FLXT.DE?

XCS3.DE is categorized as Asia Pacific Equities, while FLXT.DE is Taiwan Equities. XCS3.DE tracks MSCI Malaysia Index, while FLXT.DE tracks FTSE Taiwan 30/18 Capped. They also come from different issuers: Xtrackers and Franklin Templeton. Their fees differ too: 0.50% for XCS3.DE and 0.19% for FLXT.DE.