FLCH vs. HIDR.L

Last updated Jun 13, 2026

FLCH (Franklin FTSE China ETF) and HIDR.L (HSBC MSCI Indonesia UCITS ETF USD) are both exchange-traded funds - FLCH is a China Equities fund tracking the FTSE China RIC Capped Index, while HIDR.L is a Asia Pacific Equities fund tracking the MSCI Indonesia NR IDR. Both are passively managed. Over the past 5 years, FLCH returned -5.07%/yr vs -8.95%/yr for HIDR.L. At a 0.34 correlation, their price movements are largely independent. FLCH charges 0.19%/yr vs 0.50%/yr for HIDR.L.

Performance

FLCH vs. HIDR.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin FTSE China ETF (FLCH) and HSBC MSCI Indonesia UCITS ETF USD (HIDR.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

FLCH is traded in USD, while HIDR.L is traded in GBp. To make them comparable, the HIDR.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, FLCH achieves a -8.28% return, which is significantly higher than HIDR.L's -36.24% return.

FLCH

• 1D: 0.83%
• 1M: -6.11%
• YTD: -8.28%
• 6M: -9.10%
• 1Y: 3.67%
• 3Y*: 9.03%
• 5Y*: -5.07%
• 10Y*: —

HIDR.L

• 1D: 2.18%
• 1M: -10.86%
• YTD: -36.24%
• 6M: -36.19%
• 1Y: -37.53%
• 3Y*: -19.81%
• 5Y*: -8.95%
• 10Y*: -3.29%

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

FLCH vs. HIDR.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FLCH Franklin FTSE China ETF	-8.28%	32.55%	18.00%	-11.21%	-22.74%	-20.87%	30.09%	24.32%	-19.52%	1.51%
HIDR.L HSBC MSCI Indonesia UCITS ETF USD	-36.24%	-1.20%	-14.61%	4.43%	3.09%	1.47%	-8.00%	8.24%	-9.58%	7.14%

Correlation

The correlation between FLCH and HIDR.L is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.21
Correlation (3Y) Calculated over the trailing 3-year period	0.24
Correlation (5Y) Calculated over the trailing 5-year period	0.26
Correlation (All Time) Calculated using the full available price history since Nov 6, 2017	0.34

The correlation between FLCH and HIDR.L shifts across timeframes, from 0.21 (1 year) to 0.34 (all time), reflecting how their relationship changes across market environments.

FLCH vs. HIDR.L - Sectors Allocation Comparison

Sectors	FLCH	HIDR.L
Consumer Cyclical	23.4%	-
Financial Services	18.2%	56.9%
Communication Services	14.2%	11.6%
Technology	12.9%	3.4%
Industrials	9.1%	7.9%
Basic Materials	5.5%	12.8%
Healthcare	5.3%	-
Energy	3.7%	1.7%
Consumer Defensive	3.3%	4.2%
Utilities	2.0%	1.6%
Real Estate	1.7%	-

Return for Risk

FLCH vs. HIDR.L — Risk / Return Rank

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

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

HIDR.L

HIDR.L Risk / Return Rank: 1
HIDR.L Sharpe Ratio Rank: 0
HIDR.L Sortino Ratio Rank: 1
HIDR.L Omega Ratio Rank: 0
HIDR.L Calmar Ratio Rank: 3
HIDR.L Martin Ratio Rank: 0

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. HIDR.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE China ETF (FLCH) and HSBC MSCI Indonesia UCITS ETF USD (HIDR.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FLCH	HIDR.L	Difference
Sharpe ratio: Return per unit of total volatility	0.10	-1.37	+1.47
Sortino ratio: Return per unit of downside risk	0.28	-2.04	+2.33
Omega ratio: Gain probability vs. loss probability	1.03	0.74	+0.29
Calmar ratio: Return relative to maximum drawdown	0.12	-0.79	+0.91
Martin ratio: Return relative to average drawdown	0.25	-2.30	+2.55

FLCH vs. HIDR.L - Sharpe Ratio Comparison

The current FLCH Sharpe Ratio is 0.10, which is higher than the HIDR.L Sharpe Ratio of -1.37. The chart below compares the historical Sharpe Ratios of FLCH and HIDR.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.

Drawdowns

FLCH vs. HIDR.L - Drawdown Comparison

The maximum FLCH drawdown since its inception was -62.09%, which is greater than HIDR.L's maximum drawdown of -58.15%. Use the drawdown chart below to compare losses from any high point for FLCH and HIDR.L.

Drawdown Indicators

	FLCH	HIDR.L	Difference
Max Drawdown Largest peak-to-trough decline	-62.09%	-58.15%	-3.94%
Max Drawdown (1Y) Largest decline over 1 year	-17.14%	-48.66%	+31.52%
Max Drawdown (3Y) Largest decline over 3 years	-25.43%	-58.13%	+32.70%
Max Drawdown (5Y) Largest decline over 5 years	-55.78%	-58.13%	+2.35%
Max Drawdown (10Y) Largest decline over 10 years	—	-58.13%	—
Current Drawdown Current decline from peak	-35.34%	-50.90%	+15.56%
Average Drawdown Average peak-to-trough decline	-30.53%	-18.92%	-11.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.87%	16.73%	-8.86%

Volatility

FLCH vs. HIDR.L - Volatility Comparison

The current volatility for Franklin FTSE China ETF (FLCH) is 5.86%, while HSBC MSCI Indonesia UCITS ETF USD (HIDR.L) has a volatility of 15.37%. This indicates that FLCH experiences smaller price fluctuations and is considered to be less risky than HIDR.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLCH	HIDR.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.86%	15.37%	-9.51%
Volatility (6M) Calculated over the trailing 6-month period	13.73%	24.62%	-10.89%
Volatility (1Y) Calculated over the trailing 1-year period	19.26%	28.01%	-8.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.60%	21.84%	+7.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.88%	24.76%	+3.12%

FLCH vs. HIDR.L - Expense Ratio Comparison

FLCH has a 0.19% expense ratio, which is lower than HIDR.L's 0.50% expense ratio.

Dividends

FLCH vs. HIDR.L - Dividend Comparison

FLCH's dividend yield for the trailing twelve months is around 2.57%, less than HIDR.L's 5.93% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FLCH Franklin FTSE China ETF	2.57%	2.36%	2.87%	3.47%	2.69%	1.48%	0.91%	1.98%	1.92%	0.01%	0.00%	0.00%
HIDR.L HSBC MSCI Indonesia UCITS ETF USD	5.93%	4.87%	3.49%	3.49%	2.04%	1.27%	1.75%	1.62%	1.50%	1.14%	1.12%	1.59%

Frequently Asked Questions

Can I hold both FLCH and HIDR.L in my portfolio?

FLCH and HIDR.L have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FLCH or HIDR.L?

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 HIDR.L?

FLCH is cheaper with a 0.19% expense ratio, compared with 0.50% for HIDR.L.

What is the main difference between FLCH and HIDR.L?

FLCH is categorized as China Equities, while HIDR.L is Asia Pacific Equities. FLCH tracks FTSE China RIC Capped Index, while HIDR.L tracks MSCI Indonesia NR IDR. They also come from different issuers: Franklin Templeton and HSBC. Their fees differ too: 0.19% for FLCH and 0.50% for HIDR.L.