FLAX vs. JPIN ETF Comparison

Comparison of Franklin FTSE Asia ex Japan ETF (FLAX) to JPMorgan Diversified Return International Equity ETF (JPIN)

FLAX

Franklin FTSE Asia ex Japan ETF

FLAX Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Asia ex Japan RIC Capped Index (the FTSE Asia ex Japan Capped Index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the FTSE Asia ex Japan Capped Index and in depositary receipts representing such securities. The FTSE Asia ex Japan Capped Index is based on the FTSE Asia ex Japan Index and is designed to measure the performance of large- and mid- capitalization stocks from developed and emerging Asian countries, excluding Japan.

Grade (RS Rating)

Last Trade

$23.29

Average Daily Volume

1,475

Number of Holdings ^*

* may have additional holdings in another (foreign) market

JPIN

JPMorgan Diversified Return International Equity ETF

JPIN Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the FTSE Developed ex North America Diversified Factor Index. The fund will invest at least 80% of its assets in securities included in the underlying index. The underlying index is comprised of equity securities from developed global markets (excluding North America) selected to represent a diversified set of factor characteristics, originally developed by the adviser.

Grade (RS Rating)

Last Trade

$55.92

Average Daily Volume

13,018

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FLAX	JPIN
30 Days	-4.31%	-2.01%
60 Days	-0.97%	-6.36%
90 Days	-0.01%	-5.00%
12 Months	14.05%	12.24%

2 Overlapping Holdings

	Symbol	Grade	Weight in FLAX	Weight in JPIN	Overlap
	KB	B	0.31%	0.44%	0.31%
	KEP	B	0.06%	0.09%	0.06%

FLAX Overweight 31 Positions Relative to JPIN

Symbol	Grade	Weight
BABA	D	2.46%
HDB	C	1.54%
PDD	F	1.09%
IBN	C	0.76%
TCOM	B	0.47%
BIDU	F	0.32%
SHG	D	0.26%
YUMC	C	0.25%
UMC	F	0.22%
CHT	D	0.19%
LI	F	0.17%
BGNE	D	0.16%
BEKE	D	0.16%
WIT	A	0.13%
XPEV	C	0.11%
TME	D	0.11%
YMM	C	0.09%
NIO	F	0.08%
BILI	D	0.07%
QFIN	B	0.06%
BZ	F	0.06%
VIPS	F	0.06%
TAL	F	0.05%
LPL	F	0.03%
RLX	C	0.02%
GDS	C	0.02%
ATHM	D	0.02%
WB	D	0.01%
YY	C	0.01%
IQ	F	0.01%
DQ	F	0.01%

FLAX Underweight 10 Positions Relative to JPIN

Symbol	Grade	Weight
SMFG	B	-0.46%
HSBH	B	-0.43%
NVS	D	-0.38%
MUFG	B	-0.38%
UL	D	-0.36%
BCS	C	-0.35%
E	F	-0.3%
LOGI	D	-0.29%
SW	A	-0.16%
MNTX	C	-0.03%