FLCH vs. MCHI ETF Comparison

Comparison of Franklin FTSE China ETF (FLCH) to iShares MSCI China ETF (MCHI)

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

$18.87

Average Daily Volume

111,316

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MCHI

iShares MSCI China ETF

MCHI Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI China Index (the "underlying index"). The fund will at all times invest at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The underlying index is a free float-adjusted market capitalization-weighted index designed to measure the performance of equity securities in the top 85% in market capitalization of Chinese equity markets, as represented by the H-Shares and B-Shares markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$47.59

Average Daily Volume

6,119,701

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FLCH	MCHI
30 Days	-5.08%	-5.54%
60 Days	13.10%	11.56%
90 Days	13.40%	11.92%
12 Months	14.10%	12.77%

10 Overlapping Holdings

Symbol	Grade	Weight in FLCH	Weight in MCHI	Overlap
BABA	D	8.17%	8.14%	8.14%
BGNE	D	0.52%	0.48%	0.48%
BIDU	F	0.99%	1.12%	0.99%
BILI	D	0.26%	0.23%	0.23%
LI	F	0.52%	0.65%	0.52%
NIO	F	0.26%	0.29%	0.26%
TCOM	B	1.5%	1.61%	1.5%
TME	D	0.33%	0.39%	0.33%
XPEV	C	0.39%	0.38%	0.38%
YUMC	C	0.76%	0.87%	0.76%

FLCH Overweight 14 Positions Relative to MCHI

Symbol	Grade	Weight
PDD	F	3.32%
BEKE	D	0.51%
YMM	C	0.26%
VIPS	F	0.2%
BZ	F	0.18%
TAL	F	0.17%
QFIN	A	0.14%
GDS	C	0.1%
ATHM	C	0.07%
RLX	C	0.05%
DQ	F	0.04%
YY	B	0.04%
IQ	F	0.04%
WB	D	0.03%

FLCH Underweight 2 Positions Relative to MCHI

	Symbol	Grade	Weight
	MNSO	D	-0.08%
	HKD	F	-0.0%