FLJH vs. DBJP
Compare and contrast key facts about Franklin FTSE Japan Hedged ETF (FLJH) and Xtrackers MSCI Japan Hedged Equity ETF (DBJP).
FLJH and DBJP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLJH is a passively managed fund by Franklin Templeton that tracks the performance of the FTSE Japan RIC Capped Hedged to USD Net Tax Index. It was launched on Nov 2, 2017. DBJP is a passively managed fund by Deutsche Bank that tracks the performance of the MSCI Japan US Dollar Hedged Index. It was launched on Jun 9, 2011. Both FLJH and DBJP are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLJH or DBJP.
Key characteristics
| FLJH | DBJP | |
|---|---|---|
| YTD Return | 23.07% | 22.45% |
| 1Y Return | 23.21% | 22.09% |
| 3Y Return (Ann) | 16.79% | 16.18% |
| 5Y Return (Ann) | 16.30% | 15.03% |
| Sharpe Ratio | 1.26 | 1.18 |
| Sortino Ratio | 1.66 | 1.55 |
| Omega Ratio | 1.24 | 1.23 |
| Calmar Ratio | 1.20 | 1.09 |
| Martin Ratio | 4.33 | 3.72 |
| Ulcer Index | 5.63% | 6.30% |
| Daily Std Dev | 19.32% | 19.96% |
| Max Drawdown | -31.36% | -31.30% |
| Current Drawdown | -5.52% | -7.00% |
Correlation
The correlation between FLJH and DBJP is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FLJH vs. DBJP - Performance Comparison
The year-to-date returns for both stocks are quite close, with FLJH having a 23.07% return and DBJP slightly lower at 22.45%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FLJH vs. DBJP - Expense Ratio Comparison
FLJH has a 0.09% expense ratio, which is lower than DBJP's 0.46% expense ratio.
Risk-Adjusted Performance
FLJH vs. DBJP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Japan Hedged ETF (FLJH) and Xtrackers MSCI Japan Hedged Equity ETF (DBJP). 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.
Dividends
FLJH vs. DBJP - Dividend Comparison
FLJH's dividend yield for the trailing twelve months is around 22.69%, more than DBJP's 3.08% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLJH Franklin FTSE Japan Hedged ETF | 22.69% | 25.59% | 26.67% | 1.29% | 0.00% | 0.00% | 5.92% | 0.05% | 0.00% | 0.00% | 0.00% | 0.00% |
DBJP Xtrackers MSCI Japan Hedged Equity ETF | 3.08% | 5.21% | 0.80% | 2.30% | 2.53% | 2.56% | 3.87% | 2.07% | 1.13% | 5.95% | 10.53% | 1.84% |
Drawdowns
FLJH vs. DBJP - Drawdown Comparison
The maximum FLJH drawdown since its inception was -31.36%, roughly equal to the maximum DBJP drawdown of -31.30%. Use the drawdown chart below to compare losses from any high point for FLJH and DBJP. For additional features, visit the drawdowns tool.
Volatility
FLJH vs. DBJP - Volatility Comparison
The current volatility for Franklin FTSE Japan Hedged ETF (FLJH) is 4.35%, while Xtrackers MSCI Japan Hedged Equity ETF (DBJP) has a volatility of 4.68%. This indicates that FLJH experiences smaller price fluctuations and is considered to be less risky than DBJP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.