Category Review
Index option income was not one bet this year
Franklin FTSE China ETF
$20.60+0.02 (+0.10%)
- 0.19%
- $293M
- −13.5%
- 2.49%
- 0.1M sh
- $20.67
- low $20.01high $25.98
The ETF.net FLCH Grade
A
Score 79 out of 100
- 2 of 30
Score 79 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A100 out of 100Rank 1 of 30Mission
Whether the fund did what it promised, tested against its stated mandate.A89 out of 100Rank 4 of 22Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B60 out of 100Rank 13 of 30Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B60 out of 100Rank 10 of 30Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B64 out of 100Rank 11 of 28Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B68 out of 100Rank 13 of 30
Our read on FLCH
ACheap and wide, in the best way. FLCH holds roughly a thousand Chinese stocks and charges 0.19% a year, a fraction of what most single-country China funds ask. Whole market, small toll.
The Fund seeks investment results that closely correspond, before fees and expenses, to the performance of the FTSE China RIC Capped Index.
Why people hold it
- 0.19% a year, against a roughly 0.70% median for China funds. It also undercuts the category stalwarts MCHI and GXC, both at 0.59%.
- About 1,000 holdings, so you own the long tail of Chinese listings rather than a short list of mega-cap headline names.
- One job, done tightly: mirror the FTSE China RIC Capped Index before fees. On tracking it ranks among the strongest builds in its China peer group.sec.gov
Worth knowing
- It is China or nothing. Policy shifts, regulatory news and the currency drive the ride, with no other market in the basket to cushion it.
- Mid-sized and only moderately traded next to the category's giants, so bid-ask spreads can bite more on larger orders.
- Cash comes once or twice a year, not monthly. This is an equity index vehicle, not an income schedule.
FLCH Holdings
- Stocks
- 1,113
- 39%
- 0700.HK
Sectors
- Consumer Discretionary22.1%
- Financials19.9%
- Communication16.5%
- Technology11.3%
- Industrials7.2%
- Health Care7.0%
- Materials5.5%
- Energy3.5%
- Consumer Staples3.3%
- Utilities1.9%
- Real Estate1.6%
Geography
- China91.16%
- Hong Kong4.63%
- Ireland2.23%
- Singapore0.90%
- Switzerland0.77%
- Canada0.23%
- Taiwan (Province of China)0.08%
Developed 9% · Emerging 91%
FLCH Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
FLCH$8,646
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | FLCH |
|---|---|
| Year to date | −12.9% |
| 1 month | −1.9% |
| 3 months | −2.8% |
| 1 year | −13.5% |
| 3 years | +9.3% |
| 5 years | −2.8% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | FLCH |
|---|---|---|
| 2026 YTD | −12.9% | |
| 2025 | +32.5% | |
| 2024 | +18.0% | |
| 2023 | −11.2% | |
| 2022 | −22.8% | |
| 2021 | −20.9% | |
| 2020 | +30.1% |
FLCH in the news
FLCH Dividends
- 2.49%
- $0.51
- $0.14 per share
- Twice a year
Distribution history
FLCH Risk
- 20.9%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.32
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −49.4%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.55
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FLCH Cost
0.19%
FLCH0.19%
- The middle half of China funds
- Median 0.65%
No China fund charges less.
Other funds in China
- ACXSEWisdomTree China ex-State-Owned Enterprises FundExpense ratio 0.32%1 year return −14.7%
- AMCHIiShares MSCI China ETFExpense ratio 0.59%1 year return −13.4%
- AGXCState Street SPDR S&P China ETFExpense ratio 0.59%1 year return −11.1%
- AASHRXtrackers Harvest CSI 300 China A-Shares ETFExpense ratio 0.65%1 year return +4.6%
- ACNYAiShares MSCI China A ETFExpense ratio 0.60%1 year return +2.0%