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EWY vs FLGB

iShares MSCI South Korea ETF

EWYCNYSE Arca

Franklin FTSE United Kingdom ETF

FLGBANYSE Arca

Overlap

Expense ratio

FLGB −0.50pt a year

EWY0.59%FLGB0.09%

Avg volume · 30D

EWY 169.7×the volume

EWY18MFLGB106K

5Y return · a year

EWY +4.7pt

EWY+16.4%FLGB+11.7%

EWY vs FLGB Performance

Oct 29, 2021 – Oct 30, 2026

+113.7%EWY+74.3%FLGB

Oct 29, 2021 to Oct 30, 2026. EWY +113.7%. FLGB +74.3%. Use the arrow keys to read each point.−50%0%150%200%Oct 2021Apr 2024Oct 2026
Expense ratio
EWY 0.59%
FLGB 0.09%, better
Fund size
EWY $22.3B
FLGB $878M
1Y total return
EWY +61.2%, better
FLGB +15.9%
Yield (12M)
EWY 1.33%
FLGB 2.87%, better
Holdings
EWY 79
FLGB 89
Avg volume (30D)
EWY 18M sh, better
FLGB 106K sh
NAV per share
EWY $152.17
FLGB $36.82
52W range

ETF.net Grade

EWY: Cost 18, Risk 24, Mission 57, Tradability 66, Holdings 38, Durability 84. FLGB: Cost 93, Risk 73, Mission 73, Tradability 62, Holdings 72, Durability 53.
Pillar letters and Scores for EWY, FLGB, with each pillar’s weight
PillarEWYFLGB
Cost30% weightF18A93Higher
Mission25% weightB57A73Higher
Risk15% weightF24A73Higher
Tradability15% weightB66HigherB62
Holdings10% weightD38A72Higher
Durability5% weightA84HigherC53

Rank among Developed Single Country funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. EWY and FLGB are both graded against the same 38 Developed Single Country funds, so their Grades compare head to head.

Developed Single Country⁠

Category · 38 funds
See all 38 ›

FLGB ranks 3rd and EWY 30th of 38 funds in the Developed Single Country Category.

  1. Rank 1AEWCiShares MSCI Canada ETFScore 78
  2. Rank 1AFLCAFranklin FTSE Canada ETFScore 78
  3. Rank 3AFLGBFranklin FTSE United Kingdom ETFScore 76
  4. Rank 4ABBCAJPMorgan BetaBuilders Canada ETFScore 71
  5. Rank 29CIZRLARK Israel Innovative Technology ETFScore 42
  6. Rank 30CEWYiShares MSCI South Korea ETFScore 41
  7. Rank 31CISRAVanEck Israel ETFScore 40

Our read on each fund

ETF.net Research

EWYCiShares MSCI South Korea ETF

FLGBAFranklin FTSE United Kingdom ETF

In short

EWY Korea in one ticker since 2000: a multi-billion-dollar, heavily traded fund built on a capped index so no single conglomerate swallows the portfolio. Newer rivals charge far less for similar exposure.

FLGB Britain in one ticker for nine basis points. Franklin's UK tracker follows a capped FTSE index of roughly 110 British companies and charges a small fraction of what the typical index fund in its peer group costs.

Stated mandate

EWY The fund seeks to track an index of South Korean equities, providing targeted exposure to companies in South Korea.

FLGB The fund seeks to track, before fees and expenses, the performance of the FTSE UK RIC Capped Index.

Why people hold it

  • EWY Trading since 2000, through every Korean boom and bust, and still a multi-billion-dollar fund that is very actively traded.
  • Tracks the MSCI Korea 25/50 Index, a capped build that limits how far any single issuer can dominate roughly 80 holdings.ishares.com
  • One ticker buys the South Korean equity market: no ADR hunting, no local brokerage account.ishares.com
  • FLGB 0.09% a year, a fraction of the median fee across the index trackers we grade. Cheap is the whole pitch for single-country beta, and this one delivers it.
  • One trade, roughly 110 UK companies. A passive, rules-based mandate tied to the FTSE UK RIC Capped Index, running since its 2017 launch.
  • Stands in the top quartile of its plain-index-wrapper peer group, and the mandate data behind that read is high confidence.

Worth knowing

  • EWY At 0.59% a year it runs above the typical single-country developed fund, and Franklin's FLKR charges 0.09% for Korea exposure.
  • Everything rides on one country and roughly 80 names, so Korean policy, sector cycles and won moves land directly in the price.
  • Income arrives annually or semiannually, not on a monthly drip.
  • FLGB Single-country by design: UK listings only, so there is no cushion from other markets inside the fund. Broad global trackers like VT spread that bet differently.
  • Moderately traded rather than a volume monster, so limit orders are the sane way in and out.
  • Distributions arrive once or twice a year, not monthly. Income lands in lumps.

Full EWY profile⁠

Full FLGB profile⁠

EWY vs FLGB Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

EWY vs FLGB Cost

Overpaying EWY vs FLGB

$9,737

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • EWY 0.59%

    $11,635

  • FLGB 0.09%

    $1,898

$10,000
30 years

Cost over time

  • EWY 0.59%
  • FLGB 0.09%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530EWY $11,635FLGB $1,898

Year by year

YearEWYFLGBOverpaying
10$1,058$165$893
20$4,051$646$3,405
30$11,635$1,898$9,737

Expense ratio

  • 0.59%EWY
  • 0.09%FLGB, cheaper
  • Middle half of Developed Single Country funds
  • Median 0.50%

FLGB cheapest of 38 funds

EWY 29th cheapest of 38 funds

EWY vs FLGB Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
EWY 1.33%
FLGB 2.87%, better
Payout (12M)
EWY $2.04
FLGB $1.06
Last payment
EWY $2.04
FLGB $0.47
Ex-dividend
EWY Dec 16, 2025
FLGB Jun 26, 2026
Paid on
EWY Dec 19, 2025
FLGB Jul 6, 2026
Frequency
EWY Annual
FLGB Twice a year

Distribution history

Per share, 2017 to 2026, same scale for both

EWYAnnual · 9 paymentsAll EWY payments⁠
One bar per payment. 9 payments from 2017 to 2026 YTD. Dec 19, 2017 $2.18; Dec 18, 2018 $0.79; Dec 16, 2019 $1.31; Dec 14, 2020 $0.63; Dec 13, 2021 $1.68; Dec 13, 2022 $0.70; Dec 20, 2023 $1.65; Dec 17, 2024 $1.30; Dec 16, 2025 $2.04. Use the arrow keys to read each point.$0$2.502017202020232026YTD
FLGBTwice a year · 18 paymentsAll FLGB payments⁠
One bar per payment. 18 payments from 2017 to 2026 YTD. Dec 20, 2017 $0.11; Jun 20, 2018 $0.52; Dec 20, 2018 $0.32; Jun 11, 2019 $0.53; Dec 11, 2019 $0.56; Jun 11, 2020 $0.32; Dec 14, 2020 $0.28; Jun 10, 2021 $0.42; Dec 13, 2021 $0.32; Jun 17, 2022 $0.49; Dec 16, 2022 $0.48; Jun 16, 2023 $0.48; Dec 15, 2023 $0.51; Jun 21, 2024 $0.64; Dec 20, 2024 $0.52; Jun 20, 2025 $0.59; Dec 19, 2025 $0.59; Jun 26, 2026 $0.47. Use the arrow keys to read each point.$0$2.502017202020232026YTD

EWY vs FLGB Risk

Fall from peak · 5 years

  • EWY
  • FLGB
Oct 29, 2021 to Oct 30, 2026. Worst fall: EWY −40.6% · Sep 2022. Use the arrow keys to read each point.−40%−30%−20%−10%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
EWY 43.8%FLGB 11.0%, better
Return per unit of riskSharpe ratio, 3 years
EWY 0.95FLGB 1.44, better
Worst fallMax drawdown, 5 years
EWY −40.6%FLGB −25.9%, better
Market sensitivityBeta, 5 years
EWY 2.40FLGB 0.75

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