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Trending ETFs

Name

As of 07/10/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$16.75

$106 M

1.41%

$0.24

0.19%

Vitals

YTD Return

5.1%

1 yr return

-3.1%

3 Yr Avg Return

-16.0%

5 Yr Avg Return

-4.0%

Net Assets

$106 M

Holdings in Top 10

39.5%

52 WEEK LOW AND HIGH

$16.8
$14.26
$19.57

Expenses

OPERATING FEES

Expense Ratio 0.19%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 12.78%

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

As of 07/10/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$16.75

$106 M

1.41%

$0.24

0.19%

FLCH - Profile

Distributions

  • YTD Total Return 5.1%
  • 3 Yr Annualized Total Return -16.0%
  • 5 Yr Annualized Total Return -4.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.80%
DIVIDENDS
  • Dividend Yield 1.4%
  • Dividend Distribution Frequency SemiAnnual

Fund Details

  • Legal Name
    Franklin FTSE China ETF
  • Fund Family Name
    Franklin Templeton Group of Funds
  • Inception Date
    Nov 06, 2017
  • Shares Outstanding
    5200000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Dina Ting

Fund Description

Under normal market conditions, the Fund invests at least 80% of its assets in the component securities of the FTSE China Capped Index and in depositary receipts representing such securities. The FTSE China Capped Index is a free float-adjusted market capitalization weighted index maintained and calculated by FTSE Russell with a capping methodology applied quarterly to issuer weights so that no single issuer of a component exceeds 25% of the FTSE China Capped Index weight, and all issuers with weights above 5% do not cumulatively exceed 50% of the FTSE China Capped Index’s weight. The FTSE China Capped 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 (securities of companies incorporated in the People’s Republic of China (PRC) that are denominated in Hong Kong dollars and listed on the Hong Kong Exchange), B-Shares (securities of companies incorporated in the PRC that are denominated in U.S. dollars or Hong Kong dollars and listed for foreign investment on either the Shanghai or Shenzhen stock exchanges) and A-Shares (securities of companies incorporated in the PRC that are denominated in Chinese renminbi and listed on either the Shanghai or Shenzhen stock exchanges). The FTSE China Capped Index also includes certain securities listed outside of the PRC known as N-Shares (issued by companies incorporated in certain foreign jurisdictions, which are controlled, directly or indirectly, by entities, companies or individuals in the PRC, derive substantial revenues or allocate substantial assets in the PRC and are listed on the New York Stock Exchange, NASDAQ or the NYSE MKT), Red-Chips (issued by companies incorporated in certain foreign jurisdictions, which are controlled, directly or indirectly, by entities owned by the national government or local governments in the PRC, derive substantial revenues or allocate substantial assets in the PRC and are listed on the Hong Kong Exchange), P-Chips (issued by companies incorporated in certain foreign jurisdictions, which are controlled, directly or indirectly, by individuals in the PRC, derive substantial revenues or allocate substantial assets in the PRC and are listed on the Hong Kong Exchange) and S-Chips (issued by companies incorporated in certain foreign jurisdictions, which are controlled, directly or indirectly, by entities, companies or individuals in the PRC, derive substantial revenues or allocate substantial assets in the PRC and are listed on the Singapore Exchange). FTSE Russell determines eligible securities for the FTSE China Capped Index based on measures such as the company’s place of incorporation, listing country, investor protection regulations present in the country of incorporation, tax domicile, location of headquarters/factors of production and currency of denomination. As of May 31, 2023, the FTSE China Capped Index was comprised of 1,075 securities with capitalizations ranging from $303 million to $376.51 billion.

The Fund, using a “passive” or indexing investment approach, seeks investment results that closely correspond, before fees and expenses, to the performance of the FTSE China Capped Index. The Fund may use either a replication strategy or representative sampling strategy. Under a replication strategy, the Fund will replicate the component securities of the FTSE China Capped Index as closely as possible (i.e., invest in all of the component securities in their respective weightings in the FTSE China Capped Index). However, it may not be possible or practicable to replicate the FTSE China Capped Index. In these circumstances, the Fund may use a representative sampling strategy whereby the Fund will invest in what it believes to be a representative sample of the component securities of the FTSE China Capped Index, but may not track the FTSE China Capped Index with the same degree of accuracy as would an investment vehicle replicating the entire FTSE China Capped Index. Under the representative sampling technique, the investment manager will select securities that collectively have an investment profile similar to that of the FTSE China Capped Index, including securities that resemble those included in the FTSE China Capped Index in terms of risk factors, performance attributes and other characteristics, such as market capitalization and industry weightings. The Fund invests in eligible China A-Shares listed and traded on the Shanghai stock exchange through the Shanghai – Hong Kong Stock Connect program and in eligible China A-Shares listed and traded on the Shenzhen stock exchange through the Shenzhen – Hong Kong Stock Connect program (both programs collectively referred to as “Stock Connect”). The Fund may also invest in China A-Shares acquired through any other means permitted by applicable law or regulation.

The Fund may invest in equity futures (including equity index futures) and equity total return swaps to provide additional opportunities to add value and better track the performance of the Fund’s Underlying Index, such as to equitize cash and accrued income, simulate investments in the Underlying Index, facilitate trading or minimize transaction costs.

The Fund may enter into foreign currency forward contracts and/or currency futures contracts to provide the Fund with additional opportunities to add value and better track the performance of the Fund’s Underlying Index, such as by facilitating local securities settlements or protecting against currency exposure in connection with distributions to Fund shareholders.

The Fund is a "non-diversified" fund, which means it generally invests a greater proportion of its assets in the securities of one or more issuers and invests overall in a smaller number of issuers than a diversified fund.

The Fund will concentrate its investments (i.e., hold 25% or more of its net assets) in a particular industry or group of industries to approximately the same extent that the FTSE China Capped Index is concentrated. As of May 31, 2023, the FTSE China Capped Index was concentrated in the consumer discretionary sector.

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FLCH - Performance

Return Ranking - Trailing

Period FLCH Return Category Return Low Category Return High Rank in Category (%)
YTD 5.1% -25.5% 24.6% 24.49%
1 Yr -3.1% -30.9% 37.4% 26.53%
3 Yr -16.0%* -29.5% 7.5% 37.36%
5 Yr -4.0%* -15.2% 18.3% 55.41%
10 Yr N/A* -5.2% 9.7% 72.62%

* Annualized

Return Ranking - Calendar

Period FLCH Return Category Return Low Category Return High Rank in Category (%)
2023 -14.1% -26.6% 26.3% 25.51%
2022 -24.7% -41.6% -9.4% 31.87%
2021 -22.0% -52.5% 26.5% 60.23%
2020 28.8% 1.3% 138.5% 59.21%
2019 21.7% -1.9% 42.6% 64.86%

Total Return Ranking - Trailing

Period FLCH Return Category Return Low Category Return High Rank in Category (%)
YTD 5.1% -25.5% 24.6% 24.49%
1 Yr -3.1% -30.9% 37.4% 26.53%
3 Yr -16.0%* -29.5% 7.5% 37.36%
5 Yr -4.0%* -15.2% 18.3% 55.41%
10 Yr N/A* -5.2% 9.7% N/A

* Annualized

Total Return Ranking - Calendar

Period FLCH Return Category Return Low Category Return High Rank in Category (%)
2023 -11.2% -25.7% 30.1% 24.49%
2022 -22.8% -40.4% -6.8% 26.37%
2021 -20.9% -48.9% 29.5% 76.14%
2020 30.1% 2.0% 138.5% 64.47%
2019 24.3% 7.8% 44.4% 66.22%

FLCH - Holdings

Concentration Analysis

FLCH Category Low Category High FLCH % Rank
Net Assets 106 M 928 K 5.63 B 27.55%
Number of Holdings 958 27 1181 2.04%
Net Assets in Top 10 44.6 M 508 K 3.37 B 25.51%
Weighting of Top 10 39.53% 5.0% 85.0% 72.45%

Top 10 Holdings

  1. Tencent Holdings Ltd 12.48%
  2. Alibaba Group Holding Ltd 7.95%
  3. PDD Holdings Inc 3.66%
  4. Meituan 3.45%
  5. China Construction Bank Corp 2.94%
  6. Industrial Commercial Bank of China Ltd 2.07%
  7. NetEase Inc 1.95%
  8. Bank of China Ltd 1.79%
  9. JD.com Inc 1.71%
  10. Baidu Inc 1.53%

Asset Allocation

Weighting Return Low Return High FLCH % Rank
Stocks
99.93% 51.72% 100.39% 8.16%
Cash
0.07% 0.00% 34.06% 93.88%
Preferred Stocks
0.00% 0.00% 2.55% 66.33%
Convertible Bonds
0.00% 0.00% 0.15% 67.02%
Bonds
0.00% 0.00% 0.00% 65.31%
Other
0.00% -0.01% 47.32% 94.90%

Stock Sector Breakdown

Weighting Return Low Return High FLCH % Rank
Consumer Cyclical
26.22% 0.00% 95.37% 27.66%
Communication Services
18.91% 0.00% 41.06% 17.02%
Financial Services
17.88% 0.00% 41.62% 23.40%
Industrials
7.05% 0.00% 36.69% 67.02%
Consumer Defense
5.95% 0.00% 20.13% 61.70%
Technology
5.90% 0.00% 58.02% 77.66%
Healthcare
4.67% 0.00% 100.00% 78.72%
Real Estate
3.99% 0.00% 22.12% 27.66%
Basic Materials
3.75% 0.00% 19.86% 43.62%
Energy
2.99% 0.00% 19.38% 12.77%
Utilities
2.70% 0.00% 11.37% 22.34%

Stock Geographic Breakdown

Weighting Return Low Return High FLCH % Rank
Non US
93.43% 0.00% 100.18% 47.96%
US
6.50% 0.00% 99.99% 39.80%

FLCH - Expenses

Operational Fees

FLCH Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.19% 0.09% 14.63% 97.96%
Management Fee 0.19% 0.09% 1.50% 2.04%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.06% 0.25% N/A

Sales Fees

FLCH Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

FLCH Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FLCH Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 12.78% 4.00% 241.00% 12.50%

FLCH - Distributions

Dividend Yield Analysis

FLCH Category Low Category High FLCH % Rank
Dividend Yield 1.41% 0.00% 8.89% 12.24%

Dividend Distribution Analysis

FLCH Category Low Category High Category Mod
Dividend Distribution Frequency SemiAnnual Annual SemiAnnual Annual

Net Income Ratio Analysis

FLCH Category Low Category High FLCH % Rank
Net Income Ratio 1.80% -1.76% 3.66% 10.64%

Capital Gain Distribution Analysis

FLCH Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

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FLCH - Fund Manager Analysis

Managers

Dina Ting


Start Date

Tenure

Tenure Rank

Nov 02, 2017

4.58

4.6%

Ms. Ting joined Franklin Templeton Investments in 2015. Prior to joining Franklin Templeton Investments, she was a senior portfolio manager at BlackRock.

Hailey Harris


Start Date

Tenure

Tenure Rank

Dec 02, 2019

2.5

2.5%

Ms. Harris joined Franklin Templeton in 2018. Hailey Harris joined the Global X Management Company in April 2015 as a Portfolio Management Associate. Previously, Ms. Harris was a Senior Analyst, Portfolio Management at ProShare Advisors, LLC from 2011 through 2015 and a Client Operations Associate at Cambridge Associates, LLC from 2010 through 2011. Ms. Harris received her Bachelor of Science from the University of Maryland in 2009.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 24.1 3.69 2.53