FLCH
Franklin FTSE China ETF
The Franklin FTSE China ETF tracks a market-cap-weighted index of large- and midcap companies in China.
Emerging Market
EQUITY
Passive
MANAGEMENT STYLE
163.7 M
ASSETS UNDER MGMT
19 bp
EXPENSES
Fund Basics
| Fund sponsor | Franklin Templeton |
| Category | Emerging |
| Asset class | Equity |
| Website | link... |
| Inception date | Nov 02, 2017 |
| Assets (mns) | $164 |
| Expense ratio | 19 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Semi-annual |
| Taxation | 1099 |
| Stock selection | Market Cap |
| Weighting | Market Cap |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| TENCENT HOLDINGS LTD | 15.0 % |
| ALIBABA GROUP HOLDING LTD. | 10.8 % |
| MEITUAN DIANPING | 4.6 % |
| XIAOMI CORP. CLASS B | 4.0 % |
| PINDUODUO, INC. SPONSORED ADR CLASS A | 3.0 % |
| CHINA CONSTRUCTION BANK-H | 2.9 % |
| IND & COMM BK OF CHINA - H | 2.0 % |
| JD.COM, INC. CLASS A | 2.0 % |
| BYD CO LTD-H | 1.8 % |
| BANK OF CHINA LTD - H | 1.7 % |
Constituent Breakdown
| Number of holdings | 963 |
| Herfindahl-Hirschman Index | 427 |
| Wgt avg mkt cap (mns) | $189,574 |
| Large cap (>$10bn) | 83.4% |
| Mid cap ($2-10bn) | 15.4% |
| Small cap (<$2bn) | 1.2% |
| Developed mkts. | 18.8% |
| Emerging mkts. | 81.3% |
Country Exposure
 |
CHINA | 91.6 % |
 |
HONG KONG | 4.5 % |
Historical Performance
Standardized Performance (as of 04/30/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 9.9% | 22.5% | 3.7% | 0.4% | -2.8% | -- | -- | -3.0% |
| Dividend Yield | 0.0% | 0.9% | 2.1% | 2.2% | 1.8% | -- | -- | 1.7% |
| Total Returns | 9.9% | 23.3% | 5.8% | 2.6% | -1.0% | -- | -- | -1.3% | Ann. Volatility | 33.4% | 34.4% | 29.6% | 30.5% | 30.6% | -- | -- | 29.0% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.32 | 3% |
| MSCI EAFE | 0.87 | 20% |
| MSCI Emg Mkts | 1.54 | 62% |
Liquidity Measures
| Avg. volume (000) | 100 |
| Turnover | 1.2% |
| Avg. Bid/Ask (% of price) | 0.18% |
| ADV of underlying (mns) | $72,293 |
Technical Indicators
| Recent close | $20.22 |
| 30d moving avg. | $20.40 |
| Annualized volatility | 33.2% |
| Relative strength (RSI) | 50 |
| Short interest (ETF) | 0.3% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. FLCH |
Expenses vs. FLCH |
ALTAR Score™ vs. FLCH |
|---|---|---|---|---|
| MCHI | iShares MSCI China ETF | 78.3% | +40 bp | +1.0% |
| GXC | SPDR S&P China ETF | 70.9% | +40 bp | -0.3% |
| KALL | KraneShares MSCI All China Index ETF | 62.3% | +30 bp | -2.9% |
| FXI | iShares China Large-Cap ETF | 51.6% | +55 bp | +1.0% |
| CXSE | WisdomTree China ex-State-Owned Enterprises Fund | 51.4% | +13 bp | +0.9% |
| BKF | iShares MSCI BIC ETF | 46.9% | +50 bp | -4.3% |
| MCH | Matthews China Active ETF | 44.2% | +60 bp | -1.4% |
| AIA | iShares Asia 50 ETF | 44.0% | +31 bp | -2.6% |
| JCHI | JPMorgan Active China ETF | 43.1% | +46 bp | -1.2% |
| KWEB | KraneShares CSI China Internet ETF | 38.5% | +50 bp | +9.0% |
Risk and Returns: FLCH vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| Fwd Est | 2024 | 2025 | 2026 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 4/30/2025
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
FLCH
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.
ALTAR Score™
FLCH
17.7%
Cat. Avg
10.2%
ALTAR Score™ Calculation
Category Overview
There are 153 funds in the Emerging Equity category, with an average ALTAR Score™
of 10.2% and a standard deviation of
3.9%. FLCH's ALTAR Score™ is approximately
1.9 standard deviations
above
the category average. This places FLCH in the 97th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
FLCHSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Passive Emerging Market Equity ETFs |
| # of ETFs | 53 |
| Avg. Expense Ratio | 52.8 bp |
| Std. Deviation | 23.2 bp |
| FLCH (19 bp) Percentile rank | 9 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| FLCH | 19.0 | 17.5 | 36.5 |
| Peer Avg. | 55.8 | 20.1 | 75.9 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .