FLCH vs. CXSE ETF Comparison

Comparison of Franklin FTSE China ETF (FLCH) to WisdomTree China ex-State-Owned Enterprises Fund (CXSE)

FLCH

Franklin FTSE China ETF

FLCH Description

The investment seeks to provide investment results that closely correspond the FTSE China RIC Capped Index (the FTSE China Capped Index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the index and in depositary receipts representing such securities. The index is based on the FTSE China Index and is designed to measure the performance of Chinese large- and mid-capitalization stocks, as represented by H-Shares and B-Shares. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$22.55

Average Daily Volume

52,178

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CXSE

WisdomTree China ex-State-Owned Enterprises Fund

CXSE Description

The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree China ex-State-Owned Enterprises Index. Under normal circumstances, at least 80% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is a modified float-adjusted market cap weighted index that consists of common stocks in China, excluding common stocks of "state-owned enterprises." The fund is non-diversified.

Grade (RS Rating)

Last Trade

$37.69

Average Daily Volume

29,093

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FLCH	CXSE
30 Days	39.71%	46.02%
60 Days	41.38%	46.62%
90 Days	34.28%	41.92%
12 Months	39.61%	33.49%

16 Overlapping Holdings

Symbol	Grade	Weight in FLCH	Weight in CXSE	Overlap
BABA	A	9.21%	11.2%	9.21%
BEKE	A	0.47%	1.13%	0.47%
BGNE	A	0.59%	1.08%	0.59%
BIDU	C	1.16%	2.28%	1.16%
BILI	B	0.22%	0.36%	0.22%
BZ	C	0.22%	0.35%	0.22%
DQ	C	0.04%	0.05%	0.04%
IQ	D	0.05%	0.09%	0.05%
LI	C	0.6%	1.03%	0.6%
NIO	C	0.33%	0.54%	0.33%
PDD	B	3.69%	5.21%	3.69%
TCOM	A	1.32%	1.62%	1.32%
TME	B	0.4%	0.6%	0.4%
VIPS	B	0.23%	0.34%	0.23%
XPEV	C	0.3%	0.37%	0.3%
YUMC	B	0.68%	0.84%	0.68%

FLCH Overweight 8 Positions Relative to CXSE

Symbol	Grade	Weight
YMM	A	0.29%
TAL	C	0.16%
QFIN	A	0.14%
ATHM	B	0.08%
GDS	B	0.08%
RLX	D	0.06%
YY	C	0.05%
WB	B	0.03%

FLCH Underweight 2 Positions Relative to CXSE

	Symbol	Grade	Weight
	LEGN	F	-0.26%
	JKS	C	-0.06%