FRCH

+0.62 · +2.57%

£24.56 · LSE

Franklin FTSE China UCITS ETF (FRCH) ETF Analysis | China Equity

Franklin Templeton International Services S.à r.l. · Ireland

AUM:£1.5B

#– of – in China Equity ETFs

ⓘ

Reward Rating

Moderate

10.85% 1Y return

ⓘ

Risk Rating

Elevated

Risk Assessment

Educational tool only – Scores are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

Up 10.8% over the past year, showing positive momentum.

Cost Efficiency

Ongoing charge of 0.19% — competitive for the exposure provided.

What is FRCH?

Franklin FTSE China UCITS ETF GBP tracks Morningstar China TME NR USD, providing diversified exposure across 48 holdings. Its ongoing charge is 0.19%.

Performance Highlights

Investment Breakdown

Positive 1-Year Return

FRCH returned 10.8% over the past year. Historical returns only — past performance is not indicative of future results.

Competitive Ongoing Charge

Ongoing charge of 0.19% — reasonable for the index exposure provided.

Moderate Concentration

Top 10 holdings make up 39.6% of the ETF — a moderate level of name concentration.

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Analysis

Performance: Moderate (49)

The scoring profile reflects subdued historical performance over the measured period. The ongoing charge of 0.19% is reasonable for this exposure. Risk indicators are elevated — volatility warrants consideration (historical).

For informational and educational purposes only. Not financial advice. Past performance is not indicative of future results.

ETF Information

AUM£1.5B

Ongoing Charge0.19%

Dividend Yield2.57%

Holdings48

Inception DateJun 2019

DomicileIreland

Distribution–

IndexMorningstar China TME NR USD

ProviderFranklin Templeton International Services S.à r.l.

Beta–

CategoryChina Equity

CurrencyGBP

Top holdings

Tencent Holdings Ltd (0700)13.06%
Alibaba Group Holding Ltd (9988)10.41%
China Construction Bank Corp (0939)2.84%
PDD Holdings Inc. (PDD)2.50%
Xiaomi Corp (1810)2.44%
Industrial and Commercial Bank of China (1398)2.09%
Ping An Insurance (2318)1.79%
Meituan (3690)1.76%
BYD Company Limited (1211)1.42%
NetEase Inc (9999)1.32%

Portfolio Impact

How would FRCH affect your portfolio?

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6168

+7 points · better diversified

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Year	FRCH
2026 YTD	-13.0%
2025	+23.3%
2024	+21.9%
2023	-20.2%
2022	-11.5%
CAGR 4yr	+1.5%

Reward Rating Breakdown

Our reward rating analyses FRCH's attractiveness using 4 weighted factors. Each factor is scored 0-100, then combined using the weights shown below. Past performance does not guarantee future results.

Overall Reward Rating

Moderate REWARD

Data Coverage: %

Factor Framework

Performance

Has the ETF delivered strong historical returns versus similar ETFs?

Cost Efficiency

Is the ETF cheap to own over long periods?

Income

Does it provide attractive and consistent distributions?

Diversification Quality

Does it spread exposure across holdings, sectors, and regions?

Performance

Weight: 30%

36/100

Has the ETF delivered strong historical returns versus similar ETFs? Combines 1/3/5/10-year returns with the Sharpe ratio (risk-adjusted return).

1Y Return

10.85%

Neutral

3Y Return

7.59%

Neutral

5Y Return

-5.87%

Very Weak

10Y Return

0.00%

Weak

Sharpe Ratio

—

No Data

Weak historical performance: 1-year return of 10.85%, 3-year annualised 7.59%, 5-year annualised -5.87%. Past performance is not indicative of future results.

Cost Efficiency

Weight: 30%

65/100

Is the ETF cheap to own over long periods? Low ongoing charges compound into meaningful additional returns over a 10-year horizon.

Ongoing Charge

0.19%

Good

Net Expense Ratio

—

No Data

Annual Turnover

—

No Data

Tracking Difference

—

No Data

Reasonable cost profile: ongoing charge of 0.19%.

Income

Weight: 15%

65/100

Does the ETF provide attractive and consistent distributions? Combines the current yield with distribution frequency.

Distribution Yield

2.57%

Neutral

Distribution Frequency

—

No Data

Reasonable income characteristics: distribution yield of 2.57%.

Diversification Quality

Weight: 25%

36/100

Does the ETF spread exposure across many holdings, sectors, and regions? Concentrated funds can be doing exactly what they're meant to do — treat the score as context, not a verdict.

Holdings

Very Weak

Top 10 Concentration

39.63%

Neutral

Top Sector

Consumer Cyclicals25.3%

Neutral

Top Region

Asia Emerging95.4%

Very Weak

Heavily concentrated — returns will be driven by a narrow slice of the market: 48 holdings, top 10 at 39.6%, Consumer Cyclicals sector at 25.3%, Asia Emerging at 95.4%.

Scores are derived from fund-provider disclosures and historical data. For informational and educational purposes only — not investment advice. Past performance is not indicative of future results.

Risk Rating Breakdown

Our risk rating analyses FRCH using 4 weighted factors. A higher score indicates higher risk. This is a framework for understanding exposure — concentrated funds can still be doing exactly what they're meant to do.

Overall Risk Rating

Elevated RISK

Data Coverage: 83%

Factor Framework

Holdings Concentration

How much of the fund sits in its largest positions? Few dominant names mean returns ride on those companies.

Market Exposure

Geographic, sector and cyclical dependencies. High single-country or single-sector weight increases macro sensitivity.

Volatility

Historical price movement, beta and drawdowns — how sharply the fund moves relative to the market.

Income Reliability

How dependable the distribution yield is — cyclical-sector dependency and unusually high yields can flag payout risk.

Holdings Concentration

Weight: 25%

59/100

How much of the fund sits in a small number of positions? If the top holdings dominate, returns will be driven by those specific companies rather than the broader index.

Top 10 Weight

39.63%

Lower Risk

Largest Holding

13.06%

Elevated

Number of Holdings

Elevated

HHI (weight²)

314

Low Risk

Moderate holdings concentration: top 10 holdings at 39.6%, largest single position at 13.06%, 48 total holdings.

Market Exposure

Weight: 25%

68/100

How dependent is the fund on a single country, sector or economic cycle? Heavy exposure to one market means a single macro event can drive most of the return.

Top Region

Asia Emerging95.4%

High Risk

Top Sector

Consumer Cyclicals25.3%

Moderate

Top 2 Sectors

43.45%

Moderate

Cyclical Sectors

36.15%

Moderate

Notable regional or sector dependency: Asia Emerging at 95.4%, Consumer Cyclicals sector at 25.3%, 36.1% in cyclical sectors.

Volatility

Weight: 35%

55/100

How sharply does the fund move day-to-day and how deep have its drawdowns been? High volatility means wider return outcomes over short horizons.

1Y Volatility

15.74%

Moderate

Beta

—

No Data

Max Drawdown

—

No Data

Elevated volatility profile: 1Y volatility of 15.74% (historical).

Income Reliability

Weight: 15%

48/100

How dependable is the fund's distribution yield? Heavy cyclical-sector exposure or unusually high yields can flag vulnerability to dividend cuts in a downturn.

Current Yield

2.57%

Lower Risk

Cyclical Sector Exposure

36.15%

Moderate

Top-Sector Dependency

Consumer Cyclicals25.3%

Moderate

Income profile is reasonably diversified: yield of 2.57%, 36.1% in cyclical sectors (financials, energy, materials, industrials, real estate), Consumer Cyclicals sector at 25.3%.

Scores are derived from fund-provider disclosures and historical data. For informational and educational purposes only — not investment advice. Risk scoring is model-based and past data does not guarantee future results.

Franklin FTSE China UCITS ETF (FRCH) ETF Analysis | China Equity

Market Performance

Cost Efficiency

What is FRCH?

Performance Highlights

Investment Breakdown

The brief on Franklin FTSE China UCITS ETF

Analysis

How would FRCH affect your portfolio?

Performance Metrics

Annual Returns

Technical Analysis Summary

Reward Rating Breakdown

Performance

Cost Efficiency

Income

Diversification Quality

Risk Rating Breakdown

Holdings Concentration

Market Exposure

Volatility

Income Reliability

Franklin FTSE China UCITS ETF (FRCH) ETF Analysis | China Equity

Market Performance

Cost Efficiency

What is FRCH?

Performance Highlights

Investment Breakdown

The brief on Franklin FTSE China UCITS ETF

Analysis

How would FRCH affect your portfolio?

Price & display

Indicators

Date range

Performance Metrics

Annual Returns

Technical Analysis Summary

Reward Rating Breakdown

Risk Rating Breakdown