FLAX vs. BKEM ETF Comparison

Comparison of Franklin FTSE Asia ex Japan ETF (FLAX) to BNY Mellon Emerging Markets Equity ETF (BKEM)

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

$23.29

Average Daily Volume

1,475

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BKEM

BNY Mellon Emerging Markets Equity ETF

BKEM Description

The investment seeks to track the performance of the Morningstar Emerging Markets Large Cap IndexSM. Under normal circumstances, in seeking to track the index's performance, the fund generally purchases a representative sample of the securities comprising the index. By using a sampling process, it typically will not invest in all of the securities in the index. The Morningstar® Emerging Markets Large Cap IndexSM is a float-adjusted market capitalization weighted index designed to measure the performance of emerging market large-capitalization stocks. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$60.08

Average Daily Volume

11,180

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FLAX	BKEM
30 Days	-4.31%	-3.79%
60 Days	-0.97%	-2.08%
90 Days	-0.01%	-1.18%
12 Months	14.05%	12.11%

29 Overlapping Holdings

Symbol	Grade	Weight in FLAX	Weight in BKEM	Overlap
ATHM	D	0.02%	0.03%	0.02%
BABA	D	2.61%	2.23%	2.23%
BEKE	D	0.16%	0.18%	0.16%
BGNE	D	0.16%	0.13%	0.13%
BIDU	F	0.31%	0.3%	0.3%
BILI	D	0.08%	0.08%	0.08%
BZ	F	0.06%	0.05%	0.05%
CHT	D	0.19%	0.19%	0.19%
GDS	C	0.02%	0.03%	0.02%
HDB	C	1.51%	1.37%	1.37%
IBN	C	0.76%	0.95%	0.76%
IQ	F	0.01%	0.02%	0.01%
KB	B	0.29%	0.29%	0.29%
KEP	B	0.05%	0.05%	0.05%
LI	F	0.17%	0.19%	0.17%
LPL	F	0.03%	0.03%	0.03%
NIO	F	0.08%	0.08%	0.08%
PDD	F	1.06%	0.94%	0.94%
QFIN	B	0.05%	0.03%	0.03%
SHG	D	0.25%	0.19%	0.19%
TAL	F	0.05%	0.05%	0.05%
TCOM	B	0.47%	0.41%	0.41%
TME	D	0.11%	0.09%	0.09%
UMC	F	0.22%	0.2%	0.2%
VIPS	F	0.06%	0.06%	0.06%
WB	D	0.01%	0.01%	0.01%
WIT	A	0.13%	0.11%	0.11%
XPEV	C	0.12%	0.08%	0.08%
YMM	C	0.07%	0.08%	0.07%

FLAX Overweight 4 Positions Relative to BKEM

Symbol	Grade	Weight
YUMC	C	0.25%
RLX	C	0.02%
YY	C	0.01%
DQ	F	0.01%

FLAX Underweight 17 Positions Relative to BKEM

Symbol	Grade	Weight
NU	C	-0.57%
VALE	F	-0.48%
ABEV	F	-0.11%
ASAI	F	-0.1%
XP	F	-0.08%
MMYT	B	-0.07%
ERJ	B	-0.07%
BCH	F	-0.06%
GGB	C	-0.05%
SBSW	D	-0.04%
BRFS	D	-0.04%
SKM	D	-0.03%
CSAN	F	-0.03%
STNE	F	-0.03%
SBLK	F	-0.02%
PAGS	F	-0.02%
KT	A	-0.02%