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FLCA vs MKOR

Franklin FTSE Canada ETF

FLCAANYSE Arca

Matthews Korea Active ETF MKOR

MKORDNYSE Arca

Overlap

0.0%by weight

Expense ratio

FLCA −0.70pt a year

FLCA0.09%MKOR0.79%

Avg volume · 30D

FLCA 3.7×the volume

FLCA49KMKOR13.3K

3Y return · a year

MKOR +10.6pt

FLCA+26.5%MKOR+37.1%

FLCA vs MKOR Performance

Oct 31, 2025 – Oct 30, 2026

+21.5%FLCA+56.9%MKOR

Oct 31, 2025 to Oct 30, 2026. FLCA +21.5%. MKOR +56.9%. Use the arrow keys to read each point.0%75%100%Oct 2025Apr 2026Oct 2026
Expense ratio
FLCA 0.09%, better
MKOR 0.79%
Fund size
FLCA $857M
MKOR $122M
1Y total return
FLCA +21.5%
MKOR +56.9%, better
Yield (12M)
FLCA 1.70%
MKOR 1.71%, better
Holdings
FLCA 92
MKOR 52
Avg volume (30D)
FLCA 49K sh, better
MKOR 13.3K sh
NAV per share
FLCA $54.21
MKOR $55.81
52W range

ETF.net Grade

FLCA: Cost 93, Risk 87, Mission 65, Tradability 69, Holdings 81, Durability 53. MKOR: Cost 4, Risk 27, Mission 62, Tradability 19, Holdings 48, Durability 49.
Pillar letters and Scores for FLCA, MKOR, with each pillar’s weight
PillarFLCAMKOR
Cost30% weightA93HigherF4
Mission25% weightB65HigherB62
Risk15% weightA87HigherD27
Tradability15% weightB69HigherF19
Holdings10% weightA81HigherC48
Durability5% weightC53HigherC49

Rank among Developed Single Country funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. FLCA and MKOR are both graded against the same 38 Developed Single Country funds, so their Grades compare head to head.

Developed Single Country⁠

Category · 38 funds
See all 38 ›

FLCA ranks 1st and MKOR 36th of 38 funds in the Developed Single Country Category.

  1. Rank 1AEWCiShares MSCI Canada ETFScore 78
  2. Rank 1AFLCAFranklin FTSE Canada ETFScore 78
  3. Rank 3AFLGBFranklin FTSE United Kingdom ETFScore 76
  4. Rank 35DISRLDefiance KSM Israel 120 ETFScore 32
  5. Rank 36DMKORMatthews Korea Active ETF MKORScore 30
  6. Rank 37FGLCRGlacierShares Nasdaq Iceland ETFScore 19

Our read on each fund

ETF.net Research

FLCAAFranklin FTSE Canada ETF

MKORDMatthews Korea Active ETF MKOR

In short

FLCA Canada in one ticker, at index-fund pricing. FLCA tracks the FTSE Canada Capped Index, about 50 large- and mid-cap Canadian names, for 0.09% a year.

MKOR Korea, stock by stock. MKOR is an actively managed, Asia-specialist take on a corner of the ETF market that cheap index trackers mostly own: one country, one team's picks, and a price tag to match.

Stated mandate

FLCA The fund seeks to track the FTSE Canada Capped Index, which measures the performance of Canadian large- and mid-capitalization stocks.

MKOR The fund seeks long-term capital appreciation.

Why people hold it

  • FLCA 0.09% a year against a 0.45% median for index-tracking ETFs. On plain-vanilla country exposure, the fee gap is most of the story.
  • The mandate is refreshingly plain: the FTSE Canada Capped Index, Canadian large and mid caps, no factor tilts, no derivatives overlay.
  • Live since 2017 and one of the stronger implementations in a crowded field of index trackers.
  • MKOR Active by design: the managers pick Korean stocks in pursuit of long-term capital appreciation instead of owning whatever an index prints.
  • Run by an Asia-focused shop, and the portfolio sits where the filings say it should: South Korean equities, no drift into the neighbors.
  • A plain 1940 Act fund wrapper holding stocks. No notes, no partnership paperwork, and a strategy whose history goes back to a 2010 launch.

Worth knowing

  • FLCA About 50 stocks in one country. That is a targeted slice of the world, not a diversified core.
  • Mid-sized and moderately traded, so limit orders are the sane way in and out.
  • Distributions arrive once or twice a year rather than quarterly, which matters if you spend the income.
  • MKOR 0.79% a year is real money against the roughly 0.50% median for single-country funds, and passive Korea rivals like FLKR charge 0.09%.
  • Thinly traded and one of the smaller funds in its category, so wider spreads are part of the deal.
  • Everything rides on one market, with no other countries to cushion a rough stretch in Korea. Cash comes back once or twice a year, not monthly.

Full FLCA profile⁠

Full MKOR profile⁠

FLCA vs MKOR Holdings

How FLCA and MKOR differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of FLCA and 0.0% of MKOR.

Level by level

  • Holdings0 in both0.0%
  • Countryby domicile0.7%
  • Sector11 Sectors39.8%
  • Asset classEquity100%

Sector

Sector weights in FLCA and MKOR, widest gap first
SectorMore in FLCAMore in MKOR
TechnologyMKOR +39.4 points
FinancialsFLCA +27.4 points
MaterialsFLCA +15.7 points
EnergyFLCA +15.7 points
IndustrialsMKOR +15.0 points
CommunicationMKOR +2.3 points
Consumer DiscretionaryMKOR +2.1 points
Health CareMKOR +1.4 points
UtilitiesFLCA +1.2 points
Real EstateFLCA +0.2 points
Consumer StaplesFLCA +0.2 points

Country, concentration and asset class

Country by domicile

Country weights in FLCA and MKOR, widest gap first
CountryMore in FLCAMore in MKOR
South KoreaMKOR +99.3 points
CanadaFLCA +99.0 points
United StatesFLCA +0.3 points

Outside the US: MKOR 0% developed, 100% emerging.

Concentration

Weight in the 10 largest Holdings

  • FLCA44.7%
  • MKOR53.2%

Securities held

  • FLCA89
  • MKOR49

Asset class

FLCA
Equity
MKOR
Equity

Holdings

  • Only in FLCA89
  • In both0
  • Only in MKOR49

Only in FLCA

89 securities, 100% of FLCA by weight

  • Royal Bank of Canada8.90%
  • Toronto-Dominion Bank6.41%
  • Shopify Inc - Class A6.05%

Only in MKOR

49 securities, 96.3% of MKOR by weight

  • Samsung Electronics Co., Ltd.19.08%
  • Sk Hynix, Inc.4.24%
  • Kb Financial Group, Inc.3.98%

Weight gaps

FLCA and MKOR share no securities.

All 53 FLCA holdings⁠All MKOR holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

FLCA vs MKOR Cost

Overpaying MKOR vs FLCA

$13,276

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • FLCA 0.09%

    $1,898

  • MKOR 0.79%

    $15,174

$10,000
30 years

Cost over time

  • FLCA 0.09%
  • MKOR 0.79%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530MKOR $15,174FLCA $1,898

Year by year

YearFLCAMKOROverpaying
10$165$1,405$1,240
20$646$5,331$4,685
30$1,898$15,174$13,276

Expense ratio

  • 0.09%FLCA, cheaper
  • 0.79%MKOR
  • Middle half of Developed Single Country funds
  • Median 0.50%

FLCA cheapest of 38 funds

MKOR 36th cheapest of 38 funds

FLCA vs MKOR Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
FLCA 1.70%
MKOR 1.71%, better
Payout (12M)
FLCA $0.92
MKOR $0.90
Last payment
FLCA $0.39
MKOR $0.90
Ex-dividend
FLCA Jun 26, 2026
MKOR Dec 17, 2025
Paid on
FLCA Jul 6, 2026
MKOR Dec 22, 2025
Frequency
FLCA Twice a year
MKOR Irregular

Distribution history

Per share, 2017 to 2026, same scale for both

FLCATwice a year · 19 paymentsAll FLCA payments⁠
One bar per payment. 19 payments from 2017 to 2026 YTD. Dec 20, 2017 $0.02; Jun 20, 2018 $0.18; Dec 20, 2018 $0.46; Jun 11, 2019 $0.23; Dec 11, 2019 $0.37; Jun 11, 2020 $0.26; Dec 14, 2020 $0.42; Jun 10, 2021 $0.24; Dec 13, 2021 $0.44; Dec 30, 2021 $0.02; Jun 17, 2022 $0.05; Dec 16, 2022 $0.60; Jun 16, 2023 $0.30; Dec 15, 2023 $0.52; Jun 21, 2024 $0.36; Dec 20, 2024 $0.55; Jun 20, 2025 $0.37; Dec 19, 2025 $0.53; Jun 26, 2026 $0.39. Use the arrow keys to read each point.$0$12017202020232026YTD
MKORIrregular · 2 paymentsAll MKOR payments⁠
One bar per payment. 2 payments from 2017 to 2026 YTD. Dec 18, 2024 $1.10; Dec 17, 2025 $0.90. Use the arrow keys to read each point.$0$12017202020232026YTD

FLCA vs MKOR Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
FLCA 13.1%, betterMKOR 38.1%
Return per unit of riskSharpe ratio, 3 years
FLCA 1.54, betterMKOR 0.90
Worst fallMax drawdown, 5 years
FLCA −24.2%MKOR −29.4%since Jul 2023
Market sensitivityBeta, 5 years
FLCA 0.81MKOR 2.23

FLCA and MKOR in the news

All news⁠

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