ECNS vs. FLAX ETF Comparison

Comparison of iShares MSCI China Small-Cap ETF (ECNS) to Franklin FTSE Asia ex Japan ETF (FLAX)

ECNS

iShares MSCI China Small-Cap ETF

ECNS Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI China Small Cap 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 bottom 14% by market capitalization of the Chinese equity securities markets, as represented by the H-Shares and B-Shares markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$24.36

Average Daily Volume

15,839

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FLAX

Franklin FTSE Asia ex Japan ETF

FLAX Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Asia ex Japan RIC Capped Index (the FTSE Asia ex Japan Capped Index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the FTSE Asia ex Japan Capped Index and in depositary receipts representing such securities. The FTSE Asia ex Japan Capped Index is based on the FTSE Asia ex Japan Index and is designed to measure the performance of large- and mid- capitalization stocks from developed and emerging Asian countries, excluding Japan.

Grade (RS Rating)

Last Trade

$23.26

Average Daily Volume

6,978

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ECNS	FLAX
30 Days	-7.59%	0.44%
60 Days	8.33%	10.34%
90 Days	2.55%	7.42%
12 Months	-12.12%	11.40%

8 Overlapping Holdings

Symbol	Grade	Weight in ECNS	Weight in FLAX	Overlap
DADA	F	0.11%	0.0%	0.0%
DQ	F	0.72%	0.01%	0.01%
GDS	C	0.93%	0.01%	0.01%
RLX	F	0.96%	0.02%	0.02%
TME	C	0.0%	0.11%	0.0%
TUYA	F	0.33%	0.0%	0.0%
WB	D	0.59%	0.01%	0.01%
YY	F	0.92%	0.01%	0.01%

ECNS Overweight 9 Positions Relative to FLAX

Symbol	Grade	Weight
MOMO	C	0.71%
JKS	F	0.68%
FINV	C	0.54%
LU	C	0.39%
TIGR	C	0.38%
NOAH	D	0.34%
HUYA	D	0.29%
GOTU	D	0.19%
VNET	C	0.18%

ECNS Underweight 27 Positions Relative to FLAX

Symbol	Grade	Weight
BABA	F	-1.93%
HDB	B	-1.26%
PDD	C	-1.09%
IBN	C	-0.39%
BIDU	F	-0.32%
TCOM	D	-0.32%
KB	B	-0.27%
UMC	A	-0.24%
SHG	B	-0.2%
CHT	A	-0.17%
YUMC	F	-0.16%
BEKE	D	-0.12%
LI	F	-0.12%
WIT	B	-0.1%
BGNE	C	-0.09%
YMM	B	-0.08%
BZ	B	-0.08%
NIO	F	-0.07%
TAL	F	-0.06%
VIPS	F	-0.06%
XPEV	F	-0.05%
KEP	D	-0.04%
BILI	B	-0.04%
LPL	D	-0.03%
QFIN	B	-0.03%
ATHM	C	-0.02%
IQ	F	-0.02%