FLEE vs KCCA

Comparison between FRANKLIN FTSE EUROPE ETF (FLEE, ETF) and KRANESHARES CALIFORNIA CARBON ALLOWANCE STRATEGY ETF (KCCA, ETF).

5-Year PerformanceFLEE has outperformed KCCA, delivering a return of +8.9% compared to -2.9%

FLEE vs KCCA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FLEE(ETF)	KCCA(ETF)
Net Assets	$118M	$118M
Expense Ratio	0.09%	0.91%
Max Drawdown	41.14%	54.18%
Sharpe Ratio	0.92	0.78
5Y Beta	0.68	-0.11
5Y Dividends CAGR	21.39%	N/A

Net Assets

Winner

FLEE

$118M

KCCA

$118M

Expense Ratio

Winner

FLEE

0.09%

KCCA

0.91%

Max Drawdown

Winner

FLEE

41.14%

KCCA

54.18%

Sharpe Ratio

Winner

FLEE

0.92

KCCA

0.78

5Y Beta

FLEE

0.68

Winner

KCCA

-0.11

5Y Dividends CAGR

FLEE

21.39%

KCCA

N/A

FLEE vs KCCA - Holdings Comparison

FLEE and KCCA have 0 common holdings. Overlap is 0.00%

FLEE's top 25 holdings weight is 32.75%. KCCA's top 25 holdings weight is 80.75%.

Rank	FLEE	KCCA
#1	ASML HOLDING NV (n/a) - 4.55%	KRANESHARES SUST ULTRA SHRT DUR IDX ETF (KCSH) - 75.88%
#2	HSBC HOLDINGS PLC (n/a) - 2.25%	STATE STREET INSTL US GOVT MMKT PREMIER (GVMXX) - 4.87%
#3	ROCHE HOLDING AG ORDINARY SHARES NEW (n/a) - 1.91%	N/A
#4	NOVARTIS AG REGISTERED SHARES (n/a) - 1.90%	N/A
#5	ASTRAZENECA PLC (AZN:XLON) - 1.84%	N/A
#6	NESTLE SA (n/a) - 1.76%	N/A
#7	SHELL PLC (n/a) - 1.70%	N/A
#8	SIEMENS AG (n/a) - 1.64%	N/A
#9	SAP SE (n/a) - 1.35%	N/A
#10	BANCO SANTANDER SA (n/a) - 1.26%	N/A
#11	SCHNEIDER ELECTRIC SE (n/a) - 1.25%	N/A
#12	ABB LTD (n/a) - 1.18%	N/A
#13	ALLIANZ SE (n/a) - 1.15%	N/A
#14	TOTALENERGIES SE (TTE) - 1.12%	N/A
#15	UBS GROUP AG REGISTERED SHARES (n/a) - 1.04%	N/A
#16	IBERDROLA SA (n/a) - 1.03%	N/A
#17	ROLLS-ROYCE HOLDINGS PLC (n/a) - 1.01%	N/A
#18	LVMH MOET HENNESSY LOUIS VUITTON SE (n/a) - 0.98%	N/A
#19	NOVO NORDISK AS CLASS B (n/a) - 0.95%	N/A
#20	SIEMENS ENERGY AG ORDINARY SHARES (n/a) - 0.94%	N/A
#21	ENGIE SA (n/a) - 0.39%	N/A
#22	DEUTSCHE BANK AG (n/a) - 0.39%	N/A
#23	DEUTSCHE POST AG (n/a) - 0.39%	N/A
#24	ESSILORLUXOTTICA (n/a) - 0.39%	N/A
#25	COMPASS GROUP PLC (n/a) - 0.38%	N/A
Total Holdings	471	2

FLEE vs KCCA - Historical Returns

Returns include dividend reinvestment.

Period	FLEE	KCCA
1 month	+4.71%	+8.05%
3 months	+7.98%	+11.54%
6 months	+9.06%	+0.91%
1 year	+19.08%	+15.86%
5 years(CAGR)	+8.90%	-2.85%
10 years(CAGR)	+8.51%	N/A
Max(CAGR)	+8.51%	-2.85%

FLEE

+4.71%

Winner

KCCA

+8.05%

FLEE

+7.98%

Winner

KCCA

+11.54%

Winner

FLEE

+9.06%

KCCA

+0.91%

Winner

FLEE

+19.08%

KCCA

+15.86%

5Y(CAGR)

Winner

FLEE

+8.90%

KCCA

-2.85%

10Y(CAGR)

FLEE

+8.51%

KCCA

N/A

Max(CAGR)

Winner

FLEE

+8.51%

KCCA

-2.85%

FLEE vs KCCA - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

Year	FLEE	KCCA
2026	+6.31%	-3.82%
2025	+36.30%	-11.72%
2024	+3.28%	-15.68%
2023	+19.50%	+36.55%
2022	-15.69%	-19.70%
2021	+15.55%	+8.91%
2020	+4.39%	N/A
2019	+25.48%	N/A
2018	-15.33%	N/A
2017	+1.47%	N/A

FLEE vs KCCA Drawdown Comparison

The maximum drawdown for FLEE was -37.27%, occurring on Mar 18, 2020. Recovery took 216 trading sessions.

The maximum drawdown for KCCA was -41.11%, occurring on Apr 14, 2025. This drawdown has not yet recovered.

The current FLEE drawdown is -0.83%. The current KCCA drawdown is -30.57%.

Rank	FLEE	KCCA
#1	-37.27% Jan 17, 2020 - Nov 24, 2020	-41.11% Feb 5, 2024 - Apr 14, 2025
#2	-31.60% Sep 2, 2021 - Dec 14, 2023	-34.85% Nov 15, 2021 - Jan 5, 2024
#3	-22.67% Jan 26, 2018 - Jan 2, 2020	-7.15% Oct 5, 2021 - Oct 22, 2021
#4	-14.59% Mar 18, 2025 - Apr 29, 2025	-2.08% Oct 25, 2021 - Oct 29, 2021
#5	-12.37% Feb 25, 2026 - Mar 20, 2026	-1.69% Jan 19, 2024 - Feb 1, 2024
#6	-11.08% Sep 26, 2024 - Feb 28, 2025	-1.40% Nov 1, 2021 - Nov 9, 2021
#7	-6.61% Jun 6, 2024 - Aug 19, 2024	-1.32% Jan 8, 2024 - Jan 17, 2024
#8	-5.71% Jun 15, 2021 - Aug 5, 2021	-0.16% Jan 17, 2024 - Jan 19, 2024
#9	-5.53% Jul 23, 2025 - Aug 20, 2025	N/A
#10	-5.22% Nov 12, 2025 - Dec 10, 2025	N/A
#11	-4.90% Jan 8, 2021 - Feb 16, 2021	N/A
#12	-4.29% Dec 27, 2023 - Feb 21, 2024	N/A
#13	-4.20% Mar 27, 2024 - May 7, 2024	N/A
#14	-3.70% Aug 30, 2024 - Sep 26, 2024	N/A
#15	-3.21% Jun 12, 2025 - Jul 2, 2025	N/A

Correlation

Correlation between FLEE and KCCA is -0.45 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.45

-101