BBCA vs FLTW

BBCAAJPMorgan BetaBuilders Canada ETF

FLTWBFranklin FTSE Taiwan ETF

In short

BBCA Canada, at a discount. BBCA tracks a Morningstar index of roughly 80 Canadian stocks for 0.19% a year, a fraction of what most single-country funds charge, and it has grown into a multi-billion-dollar fund since its 2018 launch.

FLTW Taiwan in one ticker, priced like a core index fund. FLTW passively tracks a capped FTSE index of roughly 60 Taiwanese stocks for 0.19% a year, well under half the typical fee among index-tracking ETFs.

Stated mandate

BBCA The fund seeks to track the Morningstar Canada Target Market Exposure Index before fees and expenses. It uses a passive indexing approach to approximate the index rather than outperform it.

FLTW The Fund seeks investment results that, before fees and expenses, closely track the FTSE Taiwan RIC Capped Index.

Why people hold it

• BBCA Costs 0.19% a year, against a 0.50% median for developed single-country funds. The older Canada name in this group, EWC, charges 0.50%.
• Plain passive plumbing: it aims to approximate the Morningstar Canada Target Market Exposure Index before fees rather than beat it. No stock-picking surprises.jpmorgan.com
• Running since 2018, now a multi-billion-dollar fund that pays quarterly, and one of the stronger implementations in its single-country peer group.

• FLTW 0.19% a year, against a 0.45% median for index-tracking peers. Single-country exposure usually costs more than this.
• A billion-dollar-plus fund that trades actively, so getting in and out is rarely the hard part.
• Rules-based and capped: the FTSE Taiwan RIC Capped Index limits how heavy any single name can get, in a market where one chipmaker looms large.
• Live since 2017 and one of the stronger builds among the index trackers we grade.

Worth knowing

• BBCA One country, about 80 stocks. The sector mix is whatever Canada's market hands you, set by the index rather than by a diversification plan.
• Moderately traded, not one of the busiest names on the tape, so spreads can widen on large or off-hours orders.
• Indexing means no manager leaning away from a soft patch in Canadian equities. You get the index, minus the 0.19% fee.

• FLTW Roughly 60 stocks in one country. Taiwan-specific news moves the whole fund, with no other market to cushion it.
• Holdings trade in New Taiwan dollars, so the currency swing rides along with the stocks in your US-dollar return.
• Distributions land once or twice a year, not monthly.

Full BBCA profile⁠

Full FLTW profile⁠