FVUB.L vs. FRCH.L

Last updated Jun 5, 2026

FVUB.L (Franklin FTSE Brazil UCITS ETF) and FRCH.L (Franklin FTSE China UCITS ETF) are both exchange-traded funds - FVUB.L is a Latin America Equities fund tracking the MSCI Brazil NR USD, while FRCH.L is a China Equities fund tracking the MSCI China NR USD. Both are passively managed. Over the past 5 years, FVUB.L returned 7.06%/yr vs -3.83%/yr for FRCH.L. At a 0.32 correlation, their price movements are largely independent. Both charge a 0.19% expense ratio.

Performance

FVUB.L vs. FRCH.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Franklin FTSE Brazil UCITS ETF (FVUB.L) and Franklin FTSE China UCITS ETF (FRCH.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FVUB.L achieves a 14.58% return, which is significantly higher than FRCH.L's -6.14% return.

FVUB.L

• 1D: -0.62%
• 1M: -9.72%
• YTD: 14.58%
• 6M: 9.14%
• 1Y: 36.63%
• 3Y*: 10.68%
• 5Y*: 7.06%
• 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)

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

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
FVUB.L Franklin FTSE Brazil UCITS ETF	14.58%	35.51%	-26.77%	26.33%	23.83%	-15.44%	-22.19%	-14.94%
FRCH.L Franklin FTSE China UCITS ETF	-6.14%	23.22%	21.12%	-17.46%	-13.83%	-19.34%	26.80%	-10.87%

Correlation

The correlation between FVUB.L and FRCH.L is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.27
Correlation (3Y) Calculated over the trailing 3-year period	0.30
Correlation (5Y) Calculated over the trailing 5-year period	0.29
Correlation (All Time) Calculated using the full available price history since Jun 5, 2019	0.32

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

Sectors	FVUB.L	FRCH.L
Financial Services	25.4%	18.3%
Energy	20.6%	3.5%
Basic Materials	15.1%	5.6%
Utilities	14.8%	2.0%
Industrials	11.4%	7.9%
Consumer Defensive	4.0%	3.3%
Healthcare	2.9%	5.5%
Consumer Cyclical	2.5%	24.5%
Communication Services	2.0%	16.4%
Real Estate	0.8%	1.7%
Technology	0.7%	11.3%

Return for Risk

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

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

FVUB.L

FVUB.L Risk / Return Rank: 49
FVUB.L Sharpe Ratio Rank: 49
FVUB.L Sortino Ratio Rank: 46
FVUB.L Omega Ratio Rank: 46
FVUB.L Calmar Ratio Rank: 54
FVUB.L Martin Ratio Rank: 50

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.

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

This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Brazil UCITS ETF (FVUB.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.

	FVUB.L	FRCH.L	Difference
Sharpe ratio: Return per unit of total volatility	1.67	0.43	+1.24
Sortino ratio: Return per unit of downside risk	2.26	0.71	+1.55
Omega ratio: Gain probability vs. loss probability	1.29	1.08	+0.20
Calmar ratio: Return relative to maximum drawdown	2.64	0.48	+2.16
Martin ratio: Return relative to average drawdown	8.35	1.00	+7.35
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current FVUB.L Sharpe Ratio is 1.67, which is higher than the FRCH.L Sharpe Ratio of 0.43. The chart below compares the historical Sharpe Ratios of FVUB.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

	FVUB.L	FRCH.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.67	0.43	+1.24
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.28	-0.12	+0.39
Sharpe Ratio (All Time) Calculated using the full available price history	-0.00	-0.04	+0.04

Drawdowns

FVUB.L vs. FRCH.L - Drawdown Comparison

The maximum FVUB.L drawdown since its inception was -58.22%, roughly equal to the maximum FRCH.L drawdown of -56.27%. Use the drawdown chart below to compare losses from any high point for FVUB.L and FRCH.L.

Drawdown Indicators

	FVUB.L	FRCH.L	Difference
Max Drawdown Largest peak-to-trough decline	-58.22%	-56.27%	-1.95%
Max Drawdown (1Y) Largest decline over 1 year	-13.83%	-15.77%	+1.94%
Max Drawdown (3Y) Largest decline over 3 years	-27.50%	-29.42%	+1.92%
Max Drawdown (5Y) Largest decline over 5 years	-29.42%	-49.18%	+19.76%
Current Drawdown Current decline from peak	-13.83%	-31.36%	+17.53%
Average Drawdown Average peak-to-trough decline	-27.79%	-29.72%	+1.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.38%	7.53%	-3.15%

Volatility

FVUB.L vs. FRCH.L - Volatility Comparison

The current volatility for Franklin FTSE Brazil UCITS ETF (FVUB.L) is 6.25%, while Franklin FTSE China UCITS ETF (FRCH.L) has a volatility of 6.61%. This indicates that FVUB.L experiences smaller price fluctuations and is considered to be less risky than FRCH.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FVUB.L	FRCH.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.25%	6.61%	-0.36%
Volatility (6M) Calculated over the trailing 6-month period	18.17%	12.34%	+5.83%
Volatility (1Y) Calculated over the trailing 1-year period	21.79%	17.57%	+4.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.57%	32.60%	-7.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.39%	31.15%	+0.24%

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

Both FVUB.L and FRCH.L have an expense ratio of 0.19%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

FVUB.L vs. FRCH.L - Dividend Comparison

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

Tickers have no history of dividend payments

Frequently Asked Questions

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

FVUB.L and FRCH.L have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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

Both ETFs have the same 0.19% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FVUB.L or FRCH.L?

FVUB.L and FRCH.L have the same expense ratio: 0.19% per year.

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

FVUB.L is categorized as Latin America Equities, while FRCH.L is China Equities. FVUB.L tracks MSCI Brazil NR USD, while FRCH.L tracks MSCI China NR USD.