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FLCH vs GXC

Franklin FTSE China ETF

FLCHANYSE Arca

State Street SPDR S&P China ETF

GXCANYSE Arca

Overlap

Expense ratio

FLCH −0.40pt a year

FLCH0.19%GXC0.59%

Avg volume · 30D

FLCH 4.6×the volume

FLCH108KGXC23.4K

5Y return · a year

GXC +0.2pt

FLCH−4.1%GXC−3.9%

FLCH vs GXC Performance

Oct 29, 2021 – Oct 30, 2026

−18.7%FLCH−18.2%GXC

Oct 29, 2021 to Oct 30, 2026. FLCH −18.7%. GXC −18.2%. Use the arrow keys to read each point.−40%−30%−10%0%10%Oct 2021Apr 2024Oct 2026
Expense ratio
FLCH 0.19%, better
GXC 0.59%
Fund size
FLCH $252M
GXC $421M
1Y total return
FLCH −20.9%
GXC −19.1%, better
Yield (12M)
FLCH 2.63%, better
GXC 2.46%
Holdings
FLCH 1112
GXC 1539
Avg volume (30D)
FLCH 108K sh, better
GXC 23.4K sh
NAV per share
FLCH $19.38
GXC $80.17
52W range

ETF.net Grade

FLCH: Cost 100, Risk 64, Mission 87, Tradability 62, Holdings 65, Durability 70. GXC: Cost 78, Risk 67, Mission 85, Tradability 69, Holdings 76, Durability 84.
Pillar letters and Scores for FLCH, GXC, with each pillar’s weight
PillarFLCHGXC
Cost30% weightA100HigherA78
Mission25% weightA87HigherA85
Risk15% weightB64B67Higher
Tradability15% weightB62B69Higher
Holdings10% weightB65A76Higher
Durability5% weightA70A84Higher

Rank among China funds

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

Same Category. FLCH and GXC are both graded against the same 28 China funds, so their Grades compare head to head.

China⁠

Category · 28 funds
See all 28 ›

FLCH ranks 2nd and GXC 4th of 28 funds in the China Category.

  1. Rank 1ACXSEWisdomTree China ex-State-Owned Enterprises FundScore 81
  2. Rank 2AFLCHFranklin FTSE China ETFScore 80
  3. Rank 3AMCHIiShares MSCI China ETFScore 77
  4. Rank 4AGXCState Street SPDR S&P China ETFScore 76
  5. Rank 5AKBAKraneShares Bosera MSCI China A 50 Connect Index ETFScore 74

Our read on each fund

ETF.net Research

FLCHAFranklin FTSE China ETF

GXCAState Street SPDR S&P China ETF

In short

FLCH Cheap 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.

GXC The whole China market in one ticker: roughly 1,400 stocks from megacaps down to small caps, tracked since 2007. Most China funds buy the famous names. GXC buys the phone book.

Stated mandate

FLCH The Fund seeks investment results that closely correspond, before fees and expenses, to the performance of the FTSE China RIC Capped Index.

GXC The fund seeks to provide returns that generally correspond to the total return performance of the S&P China BMI Index.

Why people hold it

  • FLCH 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
  • GXC Holds roughly 1,400 names across large, mid and small caps, so the portfolio reaches well past the handful of megacap internet stocks that dominate narrower China funds.ssga.com
  • Running since 2007, one of the longest-tenured US-listed China index funds, with a track record covering several full boom and bust cycles in the market.ssga.com
  • Tracks the S&P China BMI Index tightly and sits in the upper tier of its single-country China peer group on our review.

Worth knowing

  • FLCH 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.
  • GXC The 0.59% expense ratio sits at the pricier end of the shelf. Plain index rivals such as FLCH and CXSE charge less for China exposure.
  • Volume is light next to the category's biggest China funds, so bid-ask spreads can widen. Limit orders are the usual defense.
  • One country, one policy regime: Chinese regulation, politics and currency moves drive the whole ride, and payouts land only once or twice a year.

Full FLCH profile⁠

Full GXC profile⁠

FLCH vs GXC 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.

FLCH vs GXC Cost

Overpaying GXC vs FLCH

$7,683

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

  • FLCH 0.19%

    $3,952

  • GXC 0.59%

    $11,635

$10,000
30 years

Cost over time

  • FLCH 0.19%
  • GXC 0.59%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530GXC $11,635FLCH $3,952

Year by year

YearFLCHGXCOverpaying
10$347$1,058$711
20$1,351$4,051$2,700
30$3,952$11,635$7,683

Expense ratio

  • 0.19%FLCH, cheaper
  • 0.59%GXC
  • Middle half of China funds
  • Median 0.65%

FLCH cheapest of 28 funds

GXC 5th cheapest of 28 funds

FLCH vs GXC Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
FLCH 2.63%, better
GXC 2.46%
Payout (12M)
FLCH $0.51
GXC $1.99
Last payment
FLCH $0.14
GXC $0.67
Ex-dividend
FLCH Jun 26, 2026
GXC Jun 22, 2026
Paid on
FLCH Jul 6, 2026
GXC Jun 26, 2026
Frequency
FLCH Twice a year
GXC Twice a year

Distribution history

Per share, 2017 to 2026, same scale for both

FLCHTwice a year · 18 paymentsAll FLCH payments⁠
One bar per payment. 18 payments from 2017 to 2026 YTD. Dec 20, 2017 $0.00084; Jun 20, 2018 $0.10; Dec 20, 2018 $0.29; Jun 11, 2019 $0.03; Dec 11, 2019 $0.46; Jun 11, 2020 $0.04; Dec 14, 2020 $0.25; Jun 10, 2021 $0.03; Dec 13, 2021 $0.34; Jun 17, 2022 $0.14; Dec 16, 2022 $0.36; Jun 16, 2023 $0.19; Dec 15, 2023 $0.37; Jun 21, 2024 $0.12; Dec 20, 2024 $0.41; Jun 20, 2025 $0.19; Dec 19, 2025 $0.37; Jun 26, 2026 $0.14. Use the arrow keys to read each point.$0$22017202020232026YTD
GXCTwice a year · 19 paymentsAll GXC payments⁠
One bar per payment. 19 payments from 2017 to 2026 YTD. Jun 16, 2017 $0.26; Dec 15, 2017 $1.71; Jun 15, 2018 $0.56; Dec 24, 2018 $1.16; Jun 24, 2019 $0.81; Dec 23, 2019 $0.83; Jun 22, 2020 $0.56; Dec 21, 2020 $0.79; Jun 21, 2021 $0.50; Dec 20, 2021 $0.90; Jun 21, 2022 $0.76; Dec 20, 2022 $1.33; Jun 20, 2023 $0.83; Dec 18, 2023 $1.69; Jun 24, 2024 $0.63; Dec 23, 2024 $1.50; Jun 23, 2025 $1.00; Dec 22, 2025 $1.32; Jun 22, 2026 $0.67. Use the arrow keys to read each point.$0$22017202020232026YTD

FLCH vs GXC Risk

Fall from peak · 5 years

  • FLCH
  • GXC
Oct 29, 2021 to Oct 30, 2026. Worst fall: FLCH −48.1% · Oct 2022. Use the arrow keys to read each point.−50%−40%−30%−20%−10%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
FLCH 21.1%GXC 20.7%, better
Return per unit of riskSharpe ratio, 3 years
FLCH 0.29, betterGXC 0.27
Worst fallMax drawdown, 5 years
FLCH −48.1%GXC −46.5%, better
Market sensitivityBeta, 5 years
FLCH 0.55GXC 0.69

Popular comparisons

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    Expense ratio
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    Category
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