CHTE.L vs. FRCH.L

Last updated Jun 5, 2026

CHTE.L (UBS ETF (LU) Solactive China Technology UCITS ETF (USD) A-acc) and FRCH.L (Franklin FTSE China UCITS ETF) are both exchange-traded funds - CHTE.L is a Technology Equities fund tracking the MSCI World/Information Tech NR USD, while FRCH.L is a China Equities fund tracking the MSCI China NR USD. Both are passively managed. Over the past 3 years, CHTE.L returned 9.00%/yr vs 8.07%/yr for FRCH.L. Their correlation of 0.86 suggests significant overlap in exposure. CHTE.L charges 0.47%/yr vs 0.19%/yr for FRCH.L.

Performance

CHTE.L vs. FRCH.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in UBS ETF (LU) Solactive China Technology UCITS ETF (USD) A-acc (CHTE.L) and Franklin FTSE China UCITS ETF (FRCH.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

CHTE.L is traded in GBp, while FRCH.L is traded in GBP. To make them comparable, the FRCH.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

The year-to-date returns for both investments are quite close, with CHTE.L having a -6.46% return and FRCH.L slightly higher at -6.14%.

CHTE.L

• 1D: -0.73%
• 1M: -0.78%
• YTD: -6.46%
• 6M: -9.87%
• 1Y: 3.36%
• 3Y*: 9.00%
• 5Y*: —
• 10Y*: —

FRCH.L

• 1D: -0.31%
• 1M: -2.10%
• YTD: -6.14%
• 6M: -8.12%
• 1Y: 7.54%
• 3Y*: 8.07%
• 5Y*: -3.83%
• 10Y*: —

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

CHTE.L vs. FRCH.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
CHTE.L UBS ETF (LU) Solactive China Technology UCITS ETF (USD) A-acc	-6.46%	32.47%	12.40%	-15.02%	-21.59%
FRCH.L Franklin FTSE China UCITS ETF	-6.14%	23.22%	21.12%	-17.46%	-13.22%

Correlation

The correlation between CHTE.L and FRCH.L is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.91
Correlation (3Y) Calculated over the trailing 3-year period	0.91
Correlation (All Time) Calculated using the full available price history since Jan 20, 2022	0.86

The correlation between CHTE.L and FRCH.L has been stable across timeframes, ranging from 0.86 to 0.91 - a consistent structural relationship.

CHTE.L vs. FRCH.L - Sectors Allocation Comparison

Sectors	CHTE.L	FRCH.L
Technology	32.1%	11.3%
Consumer Cyclical	28.7%	24.5%
Communication Services	21.8%	16.4%
Healthcare	12.0%	5.5%
Industrials	4.8%	7.9%
Financial Services	0.6%	18.3%
Basic Materials	-	5.6%
Consumer Defensive	-	3.3%
Energy	-	3.5%
Real Estate	-	1.7%
Utilities	-	2.0%

Return for Risk

CHTE.L vs. FRCH.L — Risk / Return Rank

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

CHTE.L

CHTE.L Risk / Return Rank: 11
CHTE.L Sharpe Ratio Rank: 11
CHTE.L Sortino Ratio Rank: 11
CHTE.L Omega Ratio Rank: 11
CHTE.L Calmar Ratio Rank: 11
CHTE.L Martin Ratio Rank: 10

FRCH.L

FRCH.L Risk / Return Rank: 15
FRCH.L Sharpe Ratio Rank: 16
FRCH.L Sortino Ratio Rank: 16
FRCH.L Omega Ratio Rank: 15
FRCH.L Calmar Ratio Rank: 15
FRCH.L Martin Ratio Rank: 14

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.

CHTE.L vs. FRCH.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) Solactive China Technology UCITS ETF (USD) A-acc (CHTE.L) and Franklin FTSE China UCITS ETF (FRCH.L). 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.

	CHTE.L	FRCH.L	Difference
Sharpe ratio: Return per unit of total volatility	0.14	0.43	-0.29
Sortino ratio: Return per unit of downside risk	0.37	0.71	-0.34
Omega ratio: Gain probability vs. loss probability	1.04	1.08	-0.04
Calmar ratio: Return relative to maximum drawdown	0.13	0.48	-0.35
Martin ratio: Return relative to average drawdown	0.22	1.00	-0.78
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CHTE.L vs. FRCH.L - Sharpe Ratio Comparison

The current CHTE.L Sharpe Ratio is 0.14, which is lower than the FRCH.L Sharpe Ratio of 0.43. The chart below compares the historical Sharpe Ratios of CHTE.L and FRCH.L, 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

	CHTE.L	FRCH.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.14	0.43	-0.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.12	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.05	-0.04	0.00

Drawdowns

CHTE.L vs. FRCH.L - Drawdown Comparison

The maximum CHTE.L drawdown since its inception was -45.52%, smaller than the maximum FRCH.L drawdown of -56.27%. Use the drawdown chart below to compare losses from any high point for CHTE.L and FRCH.L.

Drawdown Indicators

	CHTE.L	FRCH.L	Difference
Max Drawdown Largest peak-to-trough decline	-45.52%	-56.27%	+10.75%
Max Drawdown (1Y) Largest decline over 1 year	-26.34%	-15.77%	-10.57%
Max Drawdown (3Y) Largest decline over 3 years	-31.31%	-29.42%	-1.89%
Max Drawdown (5Y) Largest decline over 5 years	—	-49.18%	—
Current Drawdown Current decline from peak	-23.37%	-31.36%	+7.99%
Average Drawdown Average peak-to-trough decline	-23.18%	-29.72%	+6.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.05%	7.53%	+7.52%

Volatility

CHTE.L vs. FRCH.L - Volatility Comparison

UBS ETF (LU) Solactive China Technology UCITS ETF (USD) A-acc (CHTE.L) has a higher volatility of 9.78% compared to Franklin FTSE China UCITS ETF (FRCH.L) at 6.61%. This indicates that CHTE.L's price experiences larger fluctuations and is considered to be riskier than FRCH.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CHTE.L	FRCH.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.78%	6.61%	+3.17%
Volatility (6M) Calculated over the trailing 6-month period	17.24%	12.34%	+4.90%
Volatility (1Y) Calculated over the trailing 1-year period	24.38%	17.57%	+6.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.54%	32.60%	+5.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.54%	31.15%	+7.39%

CHTE.L vs. FRCH.L - Expense Ratio Comparison

CHTE.L has a 0.47% expense ratio, which is higher than FRCH.L's 0.19% expense ratio.

Dividends

CHTE.L vs. FRCH.L - Dividend Comparison

Neither CHTE.L nor FRCH.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both CHTE.L and FRCH.L in my portfolio?

With a correlation of 0.91, CHTE.L and FRCH.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, CHTE.L or FRCH.L?

On fees, FRCH.L 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, CHTE.L or FRCH.L?

FRCH.L is cheaper with a 0.19% expense ratio, compared with 0.47% for CHTE.L.

What is the main difference between CHTE.L and FRCH.L?

CHTE.L is categorized as Technology Equities, while FRCH.L is China Equities. CHTE.L tracks MSCI World/Information Tech NR USD, while FRCH.L tracks MSCI China NR USD. They also come from different issuers: UBS and Franklin Templeton. Their fees differ too: 0.47% for CHTE.L and 0.19% for FRCH.L.