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FLJH vs. EWJ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FLJH and EWJ is 0.75, 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.


-0.50.00.51.00.7

Performance

FLJH vs. EWJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin FTSE Japan Hedged ETF (FLJH) and iShares MSCI Japan ETF (EWJ). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
3.91%
1.43%
FLJH
EWJ

Key characteristics

Sharpe Ratio

FLJH:

1.33

EWJ:

0.51

Sortino Ratio

FLJH:

1.74

EWJ:

0.80

Omega Ratio

FLJH:

1.25

EWJ:

1.10

Calmar Ratio

FLJH:

1.27

EWJ:

0.72

Martin Ratio

FLJH:

4.44

EWJ:

2.09

Ulcer Index

FLJH:

5.85%

EWJ:

4.26%

Daily Std Dev

FLJH:

19.56%

EWJ:

17.63%

Max Drawdown

FLJH:

-31.36%

EWJ:

-58.89%

Current Drawdown

FLJH:

-4.47%

EWJ:

-7.62%

Returns By Period

In the year-to-date period, FLJH achieves a 24.45% return, which is significantly higher than EWJ's 5.90% return.


FLJH

YTD

24.45%

1M

1.63%

6M

3.91%

1Y

26.59%

5Y*

15.72%

10Y*

N/A

EWJ

YTD

5.90%

1M

-0.52%

6M

1.43%

1Y

9.47%

5Y*

3.92%

10Y*

5.53%

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Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FLJH vs. EWJ - Expense Ratio Comparison

FLJH has a 0.09% expense ratio, which is lower than EWJ's 0.49% expense ratio.


EWJ
iShares MSCI Japan ETF
Expense ratio chart for EWJ: current value at 0.49% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.49%
Expense ratio chart for FLJH: current value at 0.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.09%

Risk-Adjusted Performance

FLJH vs. EWJ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Japan Hedged ETF (FLJH) and iShares MSCI Japan ETF (EWJ). 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.


Sharpe ratio
The chart of Sharpe ratio for FLJH, currently valued at 1.33, compared to the broader market0.002.004.001.330.51
The chart of Sortino ratio for FLJH, currently valued at 1.74, compared to the broader market-2.000.002.004.006.008.0010.001.740.80
The chart of Omega ratio for FLJH, currently valued at 1.25, compared to the broader market0.501.001.502.002.503.001.251.10
The chart of Calmar ratio for FLJH, currently valued at 1.27, compared to the broader market0.005.0010.0015.001.270.72
The chart of Martin ratio for FLJH, currently valued at 4.44, compared to the broader market0.0020.0040.0060.0080.00100.004.442.09
FLJH
EWJ

The current FLJH Sharpe Ratio is 1.33, which is higher than the EWJ Sharpe Ratio of 0.51. The chart below compares the historical Sharpe Ratios of FLJH and EWJ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.33
0.51
FLJH
EWJ

Dividends

FLJH vs. EWJ - Dividend Comparison

FLJH's dividend yield for the trailing twelve months is around 2.37%, which matches EWJ's 2.37% yield.


TTM20232022202120202019201820172016201520142013
FLJH
Franklin FTSE Japan Hedged ETF
2.37%25.59%26.67%1.29%0.00%0.00%5.92%0.05%0.00%0.00%0.00%0.00%
EWJ
iShares MSCI Japan ETF
2.37%2.03%1.23%2.08%1.04%2.03%1.71%1.25%1.95%1.27%1.32%1.11%

Drawdowns

FLJH vs. EWJ - Drawdown Comparison

The maximum FLJH drawdown since its inception was -31.36%, smaller than the maximum EWJ drawdown of -58.89%. Use the drawdown chart below to compare losses from any high point for FLJH and EWJ. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-4.47%
-7.62%
FLJH
EWJ

Volatility

FLJH vs. EWJ - Volatility Comparison

The current volatility for Franklin FTSE Japan Hedged ETF (FLJH) is 4.78%, while iShares MSCI Japan ETF (EWJ) has a volatility of 5.13%. This indicates that FLJH experiences smaller price fluctuations and is considered to be less risky than EWJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
4.78%
5.13%
FLJH
EWJ
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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