FLAX vs. EEMA ETF Comparison

Comparison of Franklin FTSE Asia ex Japan ETF (FLAX) to iShares MSCI Emerging Markets Asia Index Fund (EEMA)

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

EEMA

iShares MSCI Emerging Markets Asia Index Fund

EEMA Description

The investment seeks investment results that correspond generally to the price and yield performance of the MSCI Emerging Markets Asia Index. The fund generally invests at least 80% of its assets in securities of the underlying index or in depositary receipts representing securities in the underlying index. The underlying index is designed to measure equity market performance in the emerging market countries of Asia. Components primarily include consumer discretionary, energy, financial, information technology and materials companies.

Grade (RS Rating)

Last Trade

$73.75

Average Daily Volume

61,784

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FLAX	EEMA
30 Days	-4.31%	-5.06%
60 Days	-0.97%	-0.98%
90 Days	-0.01%	-0.31%
12 Months	14.05%	15.68%

15 Overlapping Holdings

Symbol	Grade	Weight in FLAX	Weight in EEMA	Overlap
BABA	D	2.46%	2.76%	2.46%
BGNE	D	0.16%	0.16%	0.16%
BIDU	F	0.32%	0.39%	0.32%
BILI	D	0.07%	0.07%	0.07%
CHT	D	0.19%	0.24%	0.19%
HDB	C	1.54%	1.38%	1.38%
IBN	C	0.76%	1.26%	0.76%
LI	F	0.17%	0.23%	0.17%
NIO	F	0.08%	0.1%	0.08%
TCOM	B	0.47%	0.53%	0.47%
TME	D	0.11%	0.14%	0.11%
UMC	F	0.22%	0.27%	0.22%
WIT	A	0.13%	0.14%	0.13%
XPEV	C	0.11%	0.13%	0.11%
YUMC	C	0.25%	0.3%	0.25%

FLAX Overweight 18 Positions Relative to EEMA

Symbol	Grade	Weight
PDD	F	1.09%
KB	B	0.31%
SHG	D	0.26%
BEKE	D	0.16%
YMM	C	0.09%
QFIN	B	0.06%
BZ	F	0.06%
KEP	B	0.06%
VIPS	F	0.06%
TAL	F	0.05%
LPL	F	0.03%
RLX	C	0.02%
GDS	C	0.02%
ATHM	D	0.02%
WB	D	0.01%
YY	C	0.01%
IQ	F	0.01%
DQ	F	0.01%

FLAX Underweight 1 Positions Relative to EEMA

	Symbol	Grade	Weight
	MNSO	F	-0.03%