C024.DE vs. FLCH

Last updated Jun 5, 2026

C024.DE (Amundi MSCI China A II UCITS ETF Dist) and FLCH (Franklin FTSE China ETF) are both China Equities funds - C024.DE tracks the MSCI China A while FLCH tracks the FTSE China RIC Capped Index. Both are passively managed. Over the past 5 years, C024.DE returned 0.57%/yr vs -4.44%/yr for FLCH. A 0.63 correlation means they provide meaningful diversification when combined. C024.DE charges 0.25%/yr vs 0.19%/yr for FLCH.

Performance

C024.DE vs. FLCH - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi MSCI China A II UCITS ETF Dist (C024.DE) and Franklin FTSE China ETF (FLCH). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

C024.DE is traded in EUR, while FLCH is traded in USD. To make them comparable, the FLCH values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, C024.DE achieves a 12.05% return, which is significantly higher than FLCH's -7.16% return.

C024.DE

• 1D: -0.65%
• 1M: 0.73%
• YTD: 12.05%
• 6M: 14.60%
• 1Y: 39.67%
• 3Y*: 12.08%
• 5Y*: 0.57%
• 10Y*: 7.12%

FLCH

• 1D: -1.74%
• 1M: -5.81%
• YTD: -7.16%
• 6M: -10.40%
• 1Y: 2.08%
• 3Y*: 6.45%
• 5Y*: -4.44%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

C024.DE vs. FLCH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
C024.DE Amundi MSCI China A II UCITS ETF Dist	12.05%	14.97%	22.87%	-17.78%	-16.12%	3.37%	21.54%	40.72%	-22.27%	0.86%
FLCH Franklin FTSE China ETF	-7.16%	16.82%	25.79%	-13.88%	-17.96%	-14.95%	19.37%	27.13%	-15.75%	-2.39%

Correlation

The correlation between C024.DE and FLCH is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.61
Correlation (3Y) Calculated over the trailing 3-year period	0.63
Correlation (5Y) Calculated over the trailing 5-year period	0.63
Correlation (All Time) Calculated using the full available price history since Nov 7, 2017	0.63

The correlation between C024.DE and FLCH has been stable across timeframes, ranging from 0.61 to 0.63 - a consistent structural relationship.

Return for Risk

C024.DE vs. FLCH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

C024.DE

C024.DE Risk / Return Rank: 83
C024.DE Sharpe Ratio Rank: 82
C024.DE Sortino Ratio Rank: 80
C024.DE Omega Ratio Rank: 77
C024.DE Calmar Ratio Rank: 91
C024.DE Martin Ratio Rank: 87

FLCH

FLCH Risk / Return Rank: 11
FLCH Sharpe Ratio Rank: 11
FLCH Sortino Ratio Rank: 11
FLCH Omega Ratio Rank: 11
FLCH Calmar Ratio Rank: 11
FLCH Martin Ratio Rank: 11

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

C024.DE vs. FLCH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI China A II UCITS ETF Dist (C024.DE) and Franklin FTSE China ETF (FLCH). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	C024.DE	FLCH	Difference
Sharpe ratio: Return per unit of total volatility	2.60	0.11	+2.49
Sortino ratio: Return per unit of downside risk	3.52	0.29	+3.23
Omega ratio: Gain probability vs. loss probability	1.45	1.04	+0.42
Calmar ratio: Return relative to maximum drawdown	5.94	0.14	+5.80
Martin ratio: Return relative to average drawdown	18.19	0.29	+17.90
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

C024.DE vs. FLCH - Sharpe Ratio Comparison

The current C024.DE Sharpe Ratio is 2.60, which is higher than the FLCH Sharpe Ratio of 0.11. The chart below compares the historical Sharpe Ratios of C024.DE and FLCH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	C024.DE	FLCH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.60	0.11	+2.49
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.03	-0.16	+0.18
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.30	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	0.01	+0.29

Drawdowns

C024.DE vs. FLCH - Drawdown Comparison

The maximum C024.DE drawdown since its inception was -49.68%, smaller than the maximum FLCH drawdown of -55.61%. Use the drawdown chart below to compare losses from any high point for C024.DE and FLCH.

Drawdown Indicators

	C024.DE	FLCH	Difference
Max Drawdown Largest peak-to-trough decline	-49.68%	-55.61%	+5.93%
Max Drawdown (1Y) Largest decline over 1 year	-6.78%	-15.19%	+8.41%
Max Drawdown (3Y) Largest decline over 3 years	-25.82%	-24.49%	-1.33%
Max Drawdown (5Y) Largest decline over 5 years	-40.46%	-48.72%	+8.26%
Max Drawdown (10Y) Largest decline over 10 years	-47.10%	—	—
Current Drawdown Current decline from peak	-8.55%	-32.93%	+24.38%
Average Drawdown Average peak-to-trough decline	-24.80%	-25.77%	+0.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.22%	7.22%	-5.00%

Volatility

C024.DE vs. FLCH - Volatility Comparison

Amundi MSCI China A II UCITS ETF Dist (C024.DE) and Franklin FTSE China ETF (FLCH) have volatilities of 5.71% and 5.96%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	C024.DE	FLCH	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.71%	5.96%	-0.25%
Volatility (6M) Calculated over the trailing 6-month period	11.25%	13.09%	-1.84%
Volatility (1Y) Calculated over the trailing 1-year period	15.47%	18.75%	-3.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.92%	28.32%	-5.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.34%	27.10%	-2.76%

C024.DE vs. FLCH - Expense Ratio Comparison

C024.DE has a 0.25% expense ratio, which is higher than FLCH's 0.19% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

C024.DE vs. FLCH - Dividend Comparison

C024.DE's dividend yield for the trailing twelve months is around 1.69%, less than FLCH's 2.59% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
C024.DE Amundi MSCI China A II UCITS ETF Dist	1.69%	1.89%	2.19%	1.98%	1.34%	1.23%	1.42%	1.88%	2.49%	0.00%
FLCH Franklin FTSE China ETF	2.59%	2.36%	2.87%	3.47%	2.69%	1.48%	0.91%	1.98%	1.92%	0.01%

Frequently Asked Questions

Can I hold both C024.DE and FLCH in my portfolio?

C024.DE and FLCH have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, C024.DE or FLCH?

On fees, FLCH is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, C024.DE or FLCH?

FLCH is cheaper with a 0.19% expense ratio, compared with 0.25% for C024.DE.

What is the main difference between C024.DE and FLCH?

C024.DE tracks MSCI China A, while FLCH tracks FTSE China RIC Capped Index. They also come from different issuers: Amundi and Franklin Templeton. Their fees differ too: 0.25% for C024.DE and 0.19% for FLCH.