FLCH vs. DRAG

Last updated Jun 4, 2026

FLCH (Franklin FTSE China ETF) and DRAG (Roundhill China Dragons ETF) are both China Equities funds. FLCH is passively managed, while DRAG is actively managed. FLCH charges 0.19%/yr vs 0.59%/yr for DRAG.

Performance

FLCH vs. DRAG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin FTSE China ETF (FLCH) and Roundhill China Dragons ETF (DRAG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FLCH

• 1D: -1.68%
• 1M: -2.79%
• YTD: -6.30%
• 6M: -7.45%
• 1Y: 8.36%
• 3Y*: 10.66%
• 5Y*: -4.93%
• 10Y*: —

DRAG

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FLCH vs. DRAG - Yearly Performance Comparison

	2026 (YTD)
FLCH Franklin FTSE China ETF	-8.91%
DRAG Roundhill China Dragons ETF	0.00%

FLCH vs. DRAG - Sectors Allocation Comparison

Sectors	FLCH	DRAG
Consumer Cyclical	23.4%	72.4%
Financial Services	18.2%	-
Communication Services	14.2%	17.3%
Technology	12.9%	10.2%
Industrials	9.1%	-
Basic Materials	5.5%	-
Healthcare	5.3%	-
Energy	3.7%	-
Consumer Defensive	3.3%	-
Utilities	2.0%	-
Real Estate	1.7%	-

Return for Risk

FLCH vs. DRAG — Risk / Return Rank

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

FLCH

FLCH Risk / Return Rank: 15
FLCH Sharpe Ratio Rank: 15
FLCH Sortino Ratio Rank: 15
FLCH Omega Ratio Rank: 15
FLCH Calmar Ratio Rank: 15
FLCH 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.

FLCH vs. DRAG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE China ETF (FLCH) and Roundhill China Dragons ETF (DRAG). 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.

	FLCH	DRAG	Difference
Sharpe ratio: Return per unit of total volatility	0.44	—	—
Sortino ratio: Return per unit of downside risk	0.75	—	—
Omega ratio: Gain probability vs. loss probability	1.09	—	—
Calmar ratio: Return relative to maximum drawdown	0.54	—	—
Martin ratio: Return relative to average drawdown	1.14	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	FLCH	DRAG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.44	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.17	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.02	—	—

Drawdowns

FLCH vs. DRAG - Drawdown Comparison

The maximum FLCH drawdown since its inception was -62.09%, which is greater than DRAG's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for FLCH and DRAG.

Drawdown Indicators

	FLCH	DRAG	Difference
Max Drawdown Largest peak-to-trough decline	-62.09%	0.00%	-62.09%
Max Drawdown (1Y) Largest decline over 1 year	-15.52%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-25.43%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-55.78%	—	—
Current Drawdown Current decline from peak	-33.95%	0.00%	-33.95%
Average Drawdown Average peak-to-trough decline	-30.53%	0.00%	-30.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.38%	—	—

Volatility

Volatility by Period

	FLCH	DRAG	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.59%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.67%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	19.22%	0.00%	+19.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.59%	0.00%	+29.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.91%	0.00%	+27.91%

FLCH vs. DRAG - Expense Ratio Comparison

FLCH has a 0.19% expense ratio, which is lower than DRAG's 0.59% expense ratio.

Dividends

FLCH vs. DRAG - Dividend Comparison

FLCH's dividend yield for the trailing twelve months is around 2.52%, while DRAG has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
DRAG Roundhill China Dragons ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FLCH Franklin FTSE China ETF	2.52%	2.36%	2.87%	3.47%	2.69%	1.48%	0.91%	1.98%	1.92%	0.01%

Frequently Asked Questions

Which ETF is better, FLCH or DRAG?

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, FLCH or DRAG?

FLCH is cheaper with a 0.19% expense ratio, compared with 0.59% for DRAG.

Which ETF pays a higher dividend yield, FLCH or DRAG?

FLCH has the higher dividend yield at 2.52%, compared with 0.00% for DRAG.

What is the main difference between FLCH and DRAG?

They also come from different issuers: Franklin Templeton and Roundhill. Their fees differ too: 0.19% for FLCH and 0.59% for DRAG.