KTEC vs. FLCH ETF Comparison

Comparison of KraneShares Hang Seng TECH Index ETF (KTEC) to Franklin FTSE China ETF (FLCH)

KTEC

KraneShares Hang Seng TECH Index ETF

KTEC Description

KTEC is passively managed to provide exposure to the 30 largest Chinese technology companies listed in Hong Kong. The fund selects companies headquartered and operating primarily in Greater China (Hong Kong, Macau, and Mainland China). Companies should be in the industrials, consumer discretionary, health care, financials, or information technology sectors. These companies should also display strong research and development investment and high revenue growth under the following themes: internet, fintech, cloud computing, e-commerce, and digital technology. KTEC primarily invests in H-shares, but also includes the other major share classes like A, B, and N-shares, red chips, P and S-chips. The index is market-cap-weighted with an 8% cap limit per individual security. Holdings are rebalanced quarterly and reconstituted at least semi-annually.

Grade (RS Rating)

Last Trade

$15.19

Average Daily Volume

15,443

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$20.79

Average Daily Volume

41,391

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KTEC	FLCH
30 Days	38.09%	26.78%
60 Days	44.21%	28.95%
90 Days	32.85%	22.20%
12 Months	29.22%	25.91%

8 Overlapping Holdings

Symbol	Grade	Weight in KTEC	Weight in FLCH	Overlap
BABA	A	8.46%	9.21%	8.46%
BIDU	C	3.59%	1.16%	1.16%
BILI	A	2.38%	0.22%	0.22%
LI	C	7.24%	0.6%	0.6%
NIO	C	0.35%	0.33%	0.33%
TCOM	B	3.79%	1.32%	1.32%
WB	C	0.02%	0.03%	0.02%
XPEV	C	3.69%	0.3%	0.3%

KTEC Overweight 0 Positions Relative to FLCH

	Symbol	Grade	Weight

KTEC Underweight 16 Positions Relative to FLCH

Symbol	Grade	Weight
PDD	D	-3.69%
YUMC	C	-0.68%
BGNE	B	-0.59%
BEKE	A	-0.47%
TME	D	-0.4%
YMM	B	-0.29%
VIPS	C	-0.23%
BZ	C	-0.22%
TAL	C	-0.16%
QFIN	B	-0.14%
ATHM	A	-0.08%
GDS	B	-0.08%
RLX	D	-0.06%
YY	C	-0.05%
IQ	D	-0.05%
DQ	C	-0.04%