FLCH vs. MCH ETF Comparison

Comparison of Franklin FTSE China ETF (FLCH) to Matthews China Active ETF (MCH)

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

$18.40

Average Daily Volume

112,342

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MCH

Matthews China Active ETF

MCH Description

The investment seeks long-term capital appreciation. Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in the common and preferred stocks of companies located in China. China includes its administrative and other districts, such as Hong Kong and Macau. The fund seeks to invest in companies capable of sustainable growth based on the fundamental characteristics of those companies.

Grade (RS Rating)

Last Trade

$22.16

Average Daily Volume

37,945

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FLCH	MCH
30 Days	-6.60%	-8.39%
60 Days	8.63%	14.77%
90 Days	10.57%	16.81%
12 Months	11.26%	12.04%

7 Overlapping Holdings

Symbol	Grade	Weight in FLCH	Weight in MCH	Overlap
BABA	D	7.86%	6.21%	6.21%
BEKE	D	0.52%	1.93%	0.52%
BIDU	F	1.02%	0.65%	0.65%
PDD	F	3.5%	3.38%	3.38%
TCOM	B	1.52%	1.0%	1.0%
TME	D	0.36%	0.32%	0.32%
YUMC	C	0.77%	0.95%	0.77%

FLCH Overweight 17 Positions Relative to MCH

Symbol	Grade	Weight
LI	F	0.53%
BGNE	D	0.52%
XPEV	C	0.36%
YMM	C	0.31%
NIO	F	0.25%
BILI	D	0.23%
VIPS	F	0.2%
BZ	F	0.18%
TAL	F	0.18%
QFIN	B	0.17%
GDS	C	0.08%
ATHM	D	0.07%
RLX	C	0.06%
DQ	F	0.04%
IQ	F	0.04%
YY	C	0.04%
WB	D	0.03%

FLCH Underweight 0 Positions Relative to MCH

	Symbol	Grade	Weight