FLAX vs. SCHE ETF Comparison

Comparison of Franklin FTSE Asia ex Japan ETF (FLAX) to Schwab Emerging Markets Equity ETF (SCHE)

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

$23.33

Average Daily Volume

1,435

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SCHE

Schwab Emerging Markets Equity ETF

SCHE Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the FTSE Emerging Index. The fund invests at least 90% of net assets in stocks that are included in the index. The index is comprised of large and mid capitalization companies in emerging market countries, as defined by the index provider. It will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry, group of industries or sector to approximately the same extent that its index is so concentrated. The fund may invest up to 10% of its net assets in securities not included in its index.

Grade (RS Rating)

Last Trade

$27.61

Average Daily Volume

1,175,235

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FLAX	SCHE
30 Days	-4.66%	-4.60%
60 Days	0.06%	-0.07%
90 Days	0.14%	0.73%
12 Months	14.22%	15.96%

29 Overlapping Holdings

Symbol	Grade	Weight in FLAX	Weight in SCHE	Overlap
ATHM	C	0.02%	0.02%	0.02%
BABA	D	2.61%	2.47%	2.47%
BEKE	D	0.16%	0.15%	0.15%
BGNE	D	0.16%	0.15%	0.15%
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	C	0.19%	0.19%	0.19%
DQ	F	0.01%	0.01%	0.01%
GDS	C	0.02%	0.03%	0.02%
HDB	C	1.51%	1.45%	1.45%
IBN	C	0.76%	0.74%	0.74%
IQ	F	0.01%	0.01%	0.01%
LI	F	0.17%	0.15%	0.15%
NIO	F	0.08%	0.07%	0.07%
PDD	F	1.06%	1.02%	1.02%
QFIN	A	0.05%	0.04%	0.04%
RLX	C	0.02%	0.02%	0.02%
TAL	F	0.05%	0.05%	0.05%
TCOM	B	0.47%	0.44%	0.44%
TME	D	0.11%	0.1%	0.1%
UMC	F	0.22%	0.21%	0.21%
VIPS	F	0.06%	0.06%	0.06%
WB	D	0.01%	0.01%	0.01%
WIT	B	0.13%	0.12%	0.12%
XPEV	C	0.12%	0.11%	0.11%
YMM	C	0.07%	0.08%	0.07%
YUMC	C	0.25%	0.23%	0.23%
YY	B	0.01%	0.01%	0.01%

FLAX Overweight 4 Positions Relative to SCHE

Symbol	Grade	Weight
KB	B	0.29%
SHG	C	0.25%
KEP	B	0.05%
LPL	D	0.03%

FLAX Underweight 11 Positions Relative to SCHE

Symbol	Grade	Weight
VALE	F	-0.49%
ABEV	F	-0.12%
ASAI	F	-0.09%
ERJ	A	-0.09%
GGB	C	-0.06%
BCH	C	-0.06%
SBSW	D	-0.04%
BRFS	C	-0.04%
CSAN	F	-0.03%
AKO.A	F	-0.02%
TWI	F	-0.02%