FLCH vs. ASHX
Compare and contrast key facts about Franklin FTSE China ETF (FLCH) and Xtrackers MSCI China A Inclusion Equity ETF (ASHX).
FLCH and ASHX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLCH is a passively managed fund by Franklin Templeton that tracks the performance of the FTSE China RIC Capped Index. It was launched on Nov 2, 2017. ASHX is a passively managed fund by Deutsche Bank that tracks the performance of the MSCI China A Inclusion Index. It was launched on Oct 20, 2015. Both FLCH and ASHX are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLCH or ASHX.
Key characteristics
| FLCH | ASHX |
|---|
Correlation
The correlation between FLCH and ASHX is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FLCH vs. ASHX - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FLCH vs. ASHX - Expense Ratio Comparison
FLCH has a 0.19% expense ratio, which is lower than ASHX's 0.60% expense ratio.
Risk-Adjusted Performance
FLCH vs. ASHX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE China ETF (FLCH) and Xtrackers MSCI China A Inclusion Equity ETF (ASHX). 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.
Dividends
FLCH vs. ASHX - Dividend Comparison
FLCH's dividend yield for the trailing twelve months is around 3.36%, while ASHX has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
FLCH Franklin FTSE China ETF | 3.36% | 3.47% | 2.69% | 1.48% | 0.91% | 1.98% | 1.92% | 0.00% | 0.00% | 0.00% |
ASHX Xtrackers MSCI China A Inclusion Equity ETF | 102.76% | 2.38% | 1.76% | 0.84% | 0.80% | 1.78% | 1.07% | 2.48% | 80.25% | 0.50% |
Drawdowns
FLCH vs. ASHX - Drawdown Comparison
Volatility
FLCH vs. ASHX - Volatility Comparison
Franklin FTSE China ETF (FLCH) has a higher volatility of 5.28% compared to Xtrackers MSCI China A Inclusion Equity ETF (ASHX) at 0.00%. This indicates that FLCH's price experiences larger fluctuations and is considered to be riskier than ASHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.