FLBL vs. FLJP
Compare and contrast key facts about Franklin Liberty Senior Loan ETF (FLBL) and Franklin FTSE Japan ETF (FLJP).
FLBL and FLJP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLBL is an actively managed fund by Franklin Templeton. It was launched on May 30, 2018. FLJP is a passively managed fund by Franklin Templeton that tracks the performance of the FTSE Japan RIC Capped Index. It was launched on Nov 2, 2017.
Performance
FLBL vs. FLJP - Performance Comparison
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FLBL vs. FLJP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FLBL Franklin Liberty Senior Loan ETF | -0.69% | 3.59% | 8.26% | 14.83% | -2.69% | 4.35% | 2.17% | 7.67% | -1.63% |
FLJP Franklin FTSE Japan ETF | 7.49% | 26.79% | 6.99% | 20.00% | -16.57% | 0.99% | 15.76% | 18.99% | -14.27% |
Returns By Period
In the year-to-date period, FLBL achieves a -0.69% return, which is significantly lower than FLJP's 7.49% return.
FLBL
- 1D
- 0.07%
- 1M
- 1.52%
- YTD
- -0.69%
- 6M
- -0.66%
- 1Y
- 2.75%
- 3Y*
- 6.85%
- 5Y*
- 5.21%
- 10Y*
- —
FLJP
- 1D
- 2.35%
- 1M
- -4.22%
- YTD
- 7.49%
- 6M
- 11.85%
- 1Y
- 33.62%
- 3Y*
- 17.62%
- 5Y*
- 7.52%
- 10Y*
- —
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FLBL vs. FLJP - Expense Ratio Comparison
FLBL has a 0.45% expense ratio, which is higher than FLJP's 0.09% expense ratio.
Return for Risk
FLBL vs. FLJP — Risk / Return Rank
FLBL
FLJP
FLBL vs. FLJP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Liberty Senior Loan ETF (FLBL) 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.
| FLBL | FLJP | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.64 | 1.59 | -0.95 |
Sortino ratioReturn per unit of downside risk | 0.93 | 2.24 | -1.31 |
Omega ratioGain probability vs. loss probability | 1.16 | 1.31 | -0.15 |
Calmar ratioReturn relative to maximum drawdown | 0.79 | 2.45 | -1.66 |
Martin ratioReturn relative to average drawdown | 2.63 | 9.31 | -6.68 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FLBL | FLJP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.64 | 1.59 | -0.95 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.35 | 0.43 | +0.92 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.77 | 0.40 | +0.37 |
Correlation
The correlation between FLBL and FLJP is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
FLBL vs. FLJP - Dividend Comparison
FLBL's dividend yield for the trailing twelve months is around 7.46%, more than FLJP's 4.79% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FLBL Franklin Liberty Senior Loan ETF | 7.46% | 7.24% | 8.05% | 8.37% | 5.53% | 3.57% | 3.22% | 3.97% | 2.21% | 0.00% |
FLJP Franklin FTSE Japan ETF | 4.79% | 5.15% | 4.56% | 3.00% | 1.92% | 2.40% | 1.51% | 2.26% | 1.50% | 0.10% |
Drawdowns
FLBL vs. FLJP - Drawdown Comparison
The maximum FLBL drawdown since its inception was -19.52%, smaller than the maximum FLJP drawdown of -32.49%. Use the drawdown chart below to compare losses from any high point for FLBL and FLJP.
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Drawdown Indicators
| FLBL | FLJP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.52% | -32.49% | +12.97% |
Max Drawdown (1Y)Largest decline over 1 year | -3.26% | -13.30% | +10.04% |
Max Drawdown (5Y)Largest decline over 5 years | -6.80% | -32.49% | +25.69% |
Current DrawdownCurrent decline from peak | -1.49% | -7.59% | +6.10% |
Average DrawdownAverage peak-to-trough decline | -1.01% | -9.48% | +8.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.00% | 3.50% | -2.50% |
Volatility
FLBL vs. FLJP - Volatility Comparison
The current volatility for Franklin Liberty Senior Loan ETF (FLBL) is 1.11%, while Franklin FTSE Japan ETF (FLJP) has a volatility of 8.84%. This indicates that FLBL experiences smaller price fluctuations and is considered to be less risky than FLJP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FLBL | FLJP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.11% | 8.84% | -7.73% |
Volatility (6M)Calculated over the trailing 6-month period | 2.23% | 14.51% | -12.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.29% | 21.28% | -16.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.88% | 17.64% | -13.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.77% | 17.77% | -12.00% |