ATEYY vs. FLJP

Last updated Jun 4, 2026

ATEYY (Advantest Corp DRC) is a stock, while FLJP (Franklin FTSE Japan ETF) is Japan Equities fund tracking the FTSE Japan RIC Capped Index. Over the past 5 years, ATEYY returned 49.06%/yr vs 9.03%/yr for FLJP. At a 0.46 correlation, their price movements are largely independent.

Performance

ATEYY vs. FLJP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Advantest Corp DRC (ATEYY) and Franklin FTSE Japan ETF (FLJP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ATEYY achieves a 38.37% return, which is significantly higher than FLJP's 16.23% return.

ATEYY

• 1D: 2.93%
• 1M: -3.62%
• YTD: 38.37%
• 6M: 29.92%
• 1Y: 237.06%
• 3Y*: 77.03%
• 5Y*: 49.06%
• 10Y*: 52.36%

FLJP

• 1D: 0.33%
• 1M: 6.40%
• YTD: 16.23%
• 6M: 17.97%
• 1Y: 32.70%
• 3Y*: 18.66%
• 5Y*: 9.03%
• 10Y*: —

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

ATEYY vs. FLJP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ATEYY Advantest Corp DRC	38.37%	122.70%	68.99%	111.43%	-33.43%	27.37%	30.96%	176.84%	12.51%	-19.63%
FLJP Franklin FTSE Japan ETF	16.23%	26.79%	6.99%	20.00%	-16.57%	0.99%	15.76%	18.99%	-14.01%	2.22%

Correlation

The correlation between ATEYY and FLJP is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.55
Correlation (3Y) Calculated over the trailing 3-year period	0.48
Correlation (5Y) Calculated over the trailing 5-year period	0.52
Correlation (All Time) Calculated using the full available price history since Nov 7, 2017	0.46

The correlation between ATEYY and FLJP has been stable across timeframes, ranging from 0.46 to 0.55 - a consistent structural relationship.

Return for Risk

ATEYY vs. FLJP — Risk / Return Rank

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

ATEYY

ATEYY Risk / Return Rank: 94
ATEYY Sharpe Ratio Rank: 96
ATEYY Sortino Ratio Rank: 92
ATEYY Omega Ratio Rank: 90
ATEYY Calmar Ratio Rank: 95
ATEYY Martin Ratio Rank: 95

FLJP

FLJP Risk / Return Rank: 50
FLJP Sharpe Ratio Rank: 49
FLJP Sortino Ratio Rank: 51
FLJP Omega Ratio Rank: 51
FLJP Calmar Ratio Rank: 49
FLJP Martin Ratio Rank: 50

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.

ATEYY vs. FLJP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Advantest Corp DRC (ATEYY) and Franklin FTSE Japan ETF (FLJP). 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.

	ATEYY	FLJP	Difference
Sharpe ratio: Return per unit of total volatility	3.61	1.74	+1.87
Sortino ratio: Return per unit of downside risk	3.64	2.50	+1.13
Omega ratio: Gain probability vs. loss probability	1.44	1.33	+0.12
Calmar ratio: Return relative to maximum drawdown	7.18	2.47	+4.71
Martin ratio: Return relative to average drawdown	19.97	8.62	+11.35
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ATEYY vs. FLJP - Sharpe Ratio Comparison

The current ATEYY Sharpe Ratio is 3.61, which is higher than the FLJP Sharpe Ratio of 1.74. The chart below compares the historical Sharpe Ratios of ATEYY and FLJP, 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

	ATEYY	FLJP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.61	1.74	+1.87
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.95	0.51	+0.43
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.10	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.15	0.45	+0.70

Drawdowns

ATEYY vs. FLJP - Drawdown Comparison

The maximum ATEYY drawdown since its inception was -56.48%, which is greater than FLJP's maximum drawdown of -32.49%. Use the drawdown chart below to compare losses from any high point for ATEYY and FLJP.

Drawdown Indicators

	ATEYY	FLJP	Difference
Max Drawdown Largest peak-to-trough decline	-56.48%	-32.49%	-23.99%
Max Drawdown (1Y) Largest decline over 1 year	-33.24%	-13.30%	-19.94%
Max Drawdown (3Y) Largest decline over 3 years	-44.70%	-14.17%	-30.53%
Max Drawdown (5Y) Largest decline over 5 years	-56.48%	-32.49%	-23.99%
Max Drawdown (10Y) Largest decline over 10 years	-56.48%	—	—
Current Drawdown Current decline from peak	-11.86%	-0.07%	-11.79%
Average Drawdown Average peak-to-trough decline	-14.22%	-9.37%	-4.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.93%	3.80%	+8.13%

Volatility

ATEYY vs. FLJP - Volatility Comparison

Advantest Corp DRC (ATEYY) has a higher volatility of 16.87% compared to Franklin FTSE Japan ETF (FLJP) at 4.11%. This indicates that ATEYY's price experiences larger fluctuations and is considered to be riskier than FLJP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ATEYY	FLJP	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.87%	4.11%	+12.76%
Volatility (6M) Calculated over the trailing 6-month period	49.48%	14.72%	+34.76%
Volatility (1Y) Calculated over the trailing 1-year period	66.17%	18.92%	+47.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.18%	17.75%	+34.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.98%	17.79%	+30.19%

Dividends

ATEYY vs. FLJP - Dividend Comparison

ATEYY has not paid dividends to shareholders, while FLJP's dividend yield for the trailing twelve months is around 4.43%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
ATEYY Advantest Corp DRC	0.00%	0.11%	0.22%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.18%	1.24%
FLJP Franklin FTSE Japan ETF	4.43%	5.15%	4.56%	3.00%	1.92%	2.40%	1.51%	2.26%	1.50%	0.10%	0.00%

Frequently Asked Questions

Can I hold both ATEYY and FLJP in my portfolio?

ATEYY and FLJP have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ATEYY or FLJP?

ATEYY has higher volatility (16.87%) compared to FLJP (4.11%). In terms of maximum drawdown, ATEYY dropped -56.48% vs FLJP's -32.49%.

Which has better risk-adjusted returns?

ATEYY currently has the higher Sharpe Ratio (3.61 vs 1.74), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.