FLCH vs. JIVE ETF Comparison

Comparison of Franklin FTSE China ETF (FLCH) to JPMorgan International Value ETF (JIVE)

FLCH

Franklin FTSE China ETF

FLCH Description

The investment seeks to provide investment results that closely correspond the FTSE China RIC Capped Index (the FTSE China 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 China Index and is designed to measure the performance of Chinese large- and mid-capitalization stocks, as represented by H-Shares and B-Shares. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$18.40

Average Daily Volume

112,342

Number of Holdings ^*

* may have additional holdings in another (foreign) market

JIVE

JPMorgan International Value ETF

JIVE Description

JIVE taps into various global markets by investing in undervalued stocks and equity-related securities outside the US. This includes common stock, preferred stock, ETFs, depositary receipts, and REITs. The fund uses fundamental analysis, and behavior-based and quantitative screens to find promising investments. In addition, the advisers analysis relies on their proprietary research, information from companies, data from external vendors, and in-house fundamental research. The belief behind the strategy is that market inefficiencies created by investor behavior can lead to valuation opportunities. The fund may also use derivatives for security substitutes and to manage currency risks and cash flows. Additionally, it considers ESG factors in its assessments but may not prioritize them when opportunities align with its main goal. Stocks are sold in the event of declining fundamentals, if adverse political or economic shifts, or when better investment options arise.

Grade (RS Rating)

Last Trade

$56.87

Average Daily Volume

5,590

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FLCH	JIVE
30 Days	-6.60%	-1.99%
60 Days	8.63%	-3.53%
90 Days	10.57%	-3.01%
12 Months	11.26%	17.71%

2 Overlapping Holdings

	Symbol	Grade	Weight in FLCH	Weight in JIVE	Overlap
	BABA	D	7.86%	1.47%	1.47%
	VIPS	F	0.2%	0.17%	0.17%

FLCH Overweight 22 Positions Relative to JIVE

Symbol	Grade	Weight
PDD	F	3.5%
TCOM	B	1.52%
BIDU	F	1.02%
YUMC	C	0.77%
LI	F	0.53%
BGNE	D	0.52%
BEKE	D	0.52%
TME	D	0.36%
XPEV	C	0.36%
YMM	C	0.31%
NIO	F	0.25%
BILI	D	0.23%
BZ	F	0.18%
TAL	F	0.18%
QFIN	B	0.17%
GDS	C	0.08%
ATHM	D	0.07%
RLX	C	0.06%
DQ	F	0.04%
IQ	F	0.04%
YY	C	0.04%
WB	D	0.03%

FLCH Underweight 19 Positions Relative to JIVE

Symbol	Grade	Weight
NVS	D	-1.82%
HSBH	B	-1.43%
MUFG	B	-1.06%
TD	F	-0.9%
SMFG	B	-0.75%
BCS	C	-0.57%
MFG	B	-0.56%
LYG	F	-0.54%
HMC	F	-0.4%
VALE	F	-0.38%
KB	B	-0.34%
UMC	F	-0.3%
AER	B	-0.28%
SKM	D	-0.26%
SONY	B	-0.21%
KT	A	-0.17%
GGB	C	-0.16%
FRO	F	-0.12%
PDS	C	-0.12%