FLCH vs. MCHI
Compare and contrast key facts about Franklin FTSE China ETF (FLCH) and iShares MSCI China ETF (MCHI).
FLCH and MCHI 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. MCHI is a passively managed fund by iShares that tracks the performance of the MSCI China Index. It was launched on Mar 29, 2011. Both FLCH and MCHI 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 MCHI.
Key characteristics
| FLCH | MCHI | |
|---|---|---|
| YTD Return | 17.76% | 16.73% |
| 1Y Return | 10.22% | 8.57% |
| 3Y Return (Ann) | -9.83% | -10.36% |
| 5Y Return (Ann) | -1.88% | -2.66% |
| Sharpe Ratio | 0.41 | 0.35 |
| Sortino Ratio | 0.81 | 0.73 |
| Omega Ratio | 1.11 | 1.09 |
| Calmar Ratio | 0.21 | 0.18 |
| Martin Ratio | 1.22 | 1.02 |
| Ulcer Index | 10.34% | 10.66% |
| Daily Std Dev | 30.81% | 31.26% |
| Max Drawdown | -62.09% | -62.84% |
| Current Drawdown | -46.93% | -47.87% |
Correlation
The correlation between FLCH and MCHI is 0.99, 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. MCHI - Performance Comparison
In the year-to-date period, FLCH achieves a 17.76% return, which is significantly higher than MCHI's 16.73% return. 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. MCHI - Expense Ratio Comparison
FLCH has a 0.19% expense ratio, which is lower than MCHI's 0.59% expense ratio.
Risk-Adjusted Performance
FLCH vs. MCHI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE China ETF (FLCH) and iShares MSCI China ETF (MCHI). 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. MCHI - Dividend Comparison
FLCH's dividend yield for the trailing twelve months is around 2.60%, more than MCHI's 2.50% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLCH Franklin FTSE China ETF | 2.60% | 3.46% | 2.69% | 1.49% | 0.91% | 1.98% | 1.93% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MCHI iShares MSCI China ETF | 2.50% | 3.49% | 2.16% | 1.04% | 1.04% | 1.45% | 1.60% | 1.56% | 1.66% | 2.76% | 2.35% | 2.37% |
Drawdowns
FLCH vs. MCHI - Drawdown Comparison
The maximum FLCH drawdown since its inception was -62.09%, roughly equal to the maximum MCHI drawdown of -62.84%. Use the drawdown chart below to compare losses from any high point for FLCH and MCHI. For additional features, visit the drawdowns tool.
Volatility
FLCH vs. MCHI - Volatility Comparison
Franklin FTSE China ETF (FLCH) and iShares MSCI China ETF (MCHI) have volatilities of 10.83% and 11.12%, 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.