KWEB vs. FLCH ETF Comparison

Comparison of KraneShares CSI China Internet ETF (KWEB) to Franklin FTSE China ETF (FLCH)

KWEB

KraneShares CSI China Internet ETF

KWEB Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of a specific foreign equity securities benchmark. The fund will normally invest at least 80% of its total assets in equity securities of its current benchmark, the CSI Overseas China Internet Index or in depositary receipts representing securities of the underlying index. The underlying index is designed to measure the performance of the investable universe of publicly traded China-based companies whose primary business or businesses are in the Internet and Internet-related sectors. It is non-diversified.

Grade (RS Rating)

Last Trade

$30.26

Average Daily Volume

30,238,660

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

$18.79

Average Daily Volume

110,754

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KWEB	FLCH
30 Days	-6.60%	-3.79%
60 Days	18.43%	16.71%
90 Days	12.12%	12.31%
12 Months	11.55%	14.30%

16 Overlapping Holdings

Symbol	Grade	Weight in KWEB	Weight in FLCH	Overlap
ATHM	D	1.13%	0.07%	0.07%
BABA	D	9.43%	8.17%	8.17%
BEKE	C	5.17%	0.51%	0.51%
BIDU	F	3.28%	0.99%	0.99%
BILI	C	3.61%	0.26%	0.26%
BZ	F	2.45%	0.18%	0.18%
IQ	F	0.43%	0.04%	0.04%
PDD	F	6.07%	3.32%	3.32%
QFIN	B	2.83%	0.14%	0.14%
TAL	D	3.22%	0.17%	0.17%
TCOM	B	4.57%	1.5%	1.5%
TME	F	2.81%	0.33%	0.33%
VIPS	F	3.2%	0.2%	0.2%
WB	F	0.49%	0.03%	0.03%
YMM	C	3.52%	0.26%	0.26%
YY	C	0.67%	0.04%	0.04%

KWEB Overweight 0 Positions Relative to FLCH

	Symbol	Grade	Weight

KWEB Underweight 8 Positions Relative to FLCH

Symbol	Grade	Weight
YUMC	B	-0.76%
BGNE	D	-0.52%
LI	F	-0.52%
XPEV	C	-0.39%
NIO	F	-0.26%
GDS	B	-0.1%
RLX	C	-0.05%
DQ	D	-0.04%