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

Correlation

The correlation between FLJH and EWJ is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


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.

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Key characteristics

Sharpe Ratio

FLJH:

0.20

EWJ:

0.42

Sortino Ratio

FLJH:

0.35

EWJ:

0.60

Omega Ratio

FLJH:

1.05

EWJ:

1.08

Calmar Ratio

FLJH:

0.17

EWJ:

0.47

Martin Ratio

FLJH:

0.48

EWJ:

1.43

Ulcer Index

FLJH:

6.95%

EWJ:

4.86%

Daily Std Dev

FLJH:

24.88%

EWJ:

21.30%

Max Drawdown

FLJH:

-31.36%

EWJ:

-58.89%

Current Drawdown

FLJH:

-3.48%

EWJ:

-0.85%

Returns By Period

In the year-to-date period, FLJH achieves a -0.13% return, which is significantly lower than EWJ's 7.85% return.


FLJH

YTD

-0.13%

1M

6.08%

6M

3.02%

1Y

4.98%

3Y*

19.90%

5Y*

18.26%

10Y*

N/A

EWJ

YTD

7.85%

1M

4.48%

6M

8.94%

1Y

8.86%

3Y*

9.90%

5Y*

8.45%

10Y*

4.90%

*Annualized

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Franklin FTSE Japan Hedged ETF

iShares MSCI Japan ETF

FLJH vs. EWJ - Expense Ratio Comparison

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


Risk-Adjusted Performance

FLJH vs. EWJ — Risk-Adjusted Performance Rank

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

FLJH
The Risk-Adjusted Performance Rank of FLJH is 2727
Overall Rank
The Sharpe Ratio Rank of FLJH is 2929
Sharpe Ratio Rank
The Sortino Ratio Rank of FLJH is 2525
Sortino Ratio Rank
The Omega Ratio Rank of FLJH is 2626
Omega Ratio Rank
The Calmar Ratio Rank of FLJH is 2929
Calmar Ratio Rank
The Martin Ratio Rank of FLJH is 2727
Martin Ratio Rank

EWJ
The Risk-Adjusted Performance Rank of EWJ is 4444
Overall Rank
The Sharpe Ratio Rank of EWJ is 4545
Sharpe Ratio Rank
The Sortino Ratio Rank of EWJ is 3838
Sortino Ratio Rank
The Omega Ratio Rank of EWJ is 3636
Omega Ratio Rank
The Calmar Ratio Rank of EWJ is 5656
Calmar Ratio Rank
The Martin Ratio Rank of EWJ is 4747
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current FLJH Sharpe Ratio is 0.20, which is lower than the EWJ Sharpe Ratio of 0.42. 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.


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Dividends

FLJH vs. EWJ - Dividend Comparison

FLJH's dividend yield for the trailing twelve months is around 5.07%, more than EWJ's 2.17% yield.


TTM20242023202220212020201920182017201620152014
FLJH
Franklin FTSE Japan Hedged ETF
5.07%5.06%25.59%26.67%1.29%0.00%0.00%5.92%0.05%0.00%0.00%0.00%
EWJ
iShares MSCI Japan ETF
2.17%2.34%2.03%1.23%2.08%1.04%2.03%1.71%1.25%1.95%1.27%1.32%

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.


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Volatility

FLJH vs. EWJ - Volatility Comparison

Franklin FTSE Japan Hedged ETF (FLJH) has a higher volatility of 4.70% compared to iShares MSCI Japan ETF (EWJ) at 3.48%. This indicates that FLJH's price experiences larger fluctuations and is considered to be riskier than EWJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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