FLLA vs. XCEM ETF Comparison

Comparison of Franklin FTSE Latin America ETF (FLLA) to EGShares EM Core ex-China ETF (XCEM)

FLLA

Franklin FTSE Latin America ETF

FLLA Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Latin America RIC 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 Latin America Index and is designed to measure the performance of Latin American large- and mid-capitalization stocks. The fund will concentrate its investments in a particular industry or group of industries to approximately the same extent that the index is concentrated.

Grade (RS Rating)

Last Trade

$23.57

Average Daily Volume

14,482

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XCEM

EGShares EM Core ex-China ETF

XCEM Description

The investment seeks investment results that correspond to the EGAI Emerging Markets ex-China IndexSM. The fund will invest at least 80% of its net assets in the companies included in the underlying index and generally expects to be substantially invested at such times, with at least 95% of its net assets invested in these securities. The underlying index is a market capitalization-weighted index designed to provide broad, core emerging markets equity exposure by measuring the stock performance of up to 700 companies across the EGAI Emerging Markets Universe, excluding those listed or domiciled in China and Hong Kong. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$31.60

Average Daily Volume

192,126

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FLLA	XCEM
30 Days	6.63%	5.58%
60 Days	1.85%	2.76%
90 Days	-0.38%	4.53%
12 Months	13.93%	16.78%

5 Overlapping Holdings

Symbol	Grade	Weight in FLLA	Weight in XCEM	Overlap
ABEV	D	1.49%	0.17%	0.17%
ASAI	D	1.28%	0.49%	0.49%
ERJ	B	0.7%	0.24%	0.24%
GGB	C	0.72%	0.15%	0.15%
VALE	C	6.83%	0.92%	0.92%

FLLA Overweight 4 Positions Relative to XCEM

Symbol	Grade	Weight
BCH	B	0.71%
CSAN	F	0.49%
BRFS	B	0.34%
AKO.A	C	0.17%

FLLA Underweight 10 Positions Relative to XCEM

Symbol	Grade	Weight
IBN	B	-2.41%
HDB	F	-1.75%
INFY	F	-1.49%
CHT	B	-0.69%
KB	B	-0.67%
SHG	C	-0.5%
UMC	C	-0.45%
WIT	D	-0.21%
SBSW	C	-0.1%
SKM	C	-0.09%