FLCH vs. MEM ETF Comparison

Comparison of Franklin FTSE China ETF (FLCH) to Matthews Emerging Markets Equity Active ETF (MEM)

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

$18.87

Average Daily Volume

111,316

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MEM

Matthews Emerging Markets Equity Active ETF

MEM Description

The investment seeks long-term capital appreciation. Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in the common and preferred stocks of companies located in emerging market countries. It seeks to invest in companies capable of sustainable growth based on the fundamental characteristics of those companies, including balance sheet information; number of employees; size and stability of cash flow; management’s depth, adaptability and integrity; product lines; marketing strategies; corporate governance; and financial health.

Grade (RS Rating)

Last Trade

$31.88

Average Daily Volume

6,786

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FLCH	MEM
30 Days	-5.08%	-3.76%
60 Days	13.10%	2.29%
90 Days	13.40%	2.96%
12 Months	14.10%	18.51%

4 Overlapping Holdings

Symbol	Grade	Weight in FLCH	Weight in MEM	Overlap
BABA	D	8.17%	1.97%	1.97%
BEKE	D	0.51%	0.45%	0.45%
TCOM	B	1.5%	0.96%	0.96%
YUMC	C	0.76%	1.65%	0.76%

FLCH Overweight 20 Positions Relative to MEM

Symbol	Grade	Weight
PDD	F	3.32%
BIDU	F	0.99%
BGNE	D	0.52%
LI	F	0.52%
XPEV	C	0.39%
TME	D	0.33%
BILI	D	0.26%
NIO	F	0.26%
YMM	C	0.26%
VIPS	F	0.2%
BZ	F	0.18%
TAL	F	0.17%
QFIN	A	0.14%
GDS	C	0.1%
ATHM	C	0.07%
RLX	C	0.05%
DQ	F	0.04%
YY	B	0.04%
IQ	F	0.04%
WB	D	0.03%

FLCH Underweight 14 Positions Relative to MEM

Symbol	Grade	Weight
HDB	C	-4.03%
IBN	C	-3.6%
TSM	B	-1.96%
MELI	C	-1.89%
BAP	A	-1.56%
FCX	F	-1.38%
GRAB	A	-1.18%
INFY	C	-1.02%
ITUB	F	-1.0%
NU	C	-1.0%
KB	B	-0.99%
SKM	C	-0.8%
PBR	D	-0.55%
JD	D	-0.45%