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

Correlation

The correlation between FLJH and EWJV is 0.70, 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. EWJV - 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 Value ETF (EWJV). The values are adjusted to include any dividend payments, if applicable.

40.00%60.00%80.00%100.00%120.00%140.00%JulyAugustSeptemberOctoberNovemberDecember
122.03%
50.89%
FLJH
EWJV

Key characteristics

Sharpe Ratio

FLJH:

1.26

EWJV:

0.69

Sortino Ratio

FLJH:

1.65

EWJV:

1.02

Omega Ratio

FLJH:

1.24

EWJV:

1.13

Calmar Ratio

FLJH:

1.20

EWJV:

1.00

Martin Ratio

FLJH:

4.19

EWJV:

3.32

Ulcer Index

FLJH:

5.84%

EWJV:

3.62%

Daily Std Dev

FLJH:

19.47%

EWJV:

17.39%

Max Drawdown

FLJH:

-31.36%

EWJV:

-30.05%

Current Drawdown

FLJH:

-6.46%

EWJV:

-6.87%

Returns By Period

In the year-to-date period, FLJH achieves a 21.85% return, which is significantly higher than EWJV's 8.84% return.


FLJH

YTD

21.85%

1M

-0.50%

6M

2.07%

1Y

23.37%

5Y*

15.23%

10Y*

N/A

EWJV

YTD

8.84%

1M

-1.63%

6M

1.16%

1Y

12.17%

5Y*

6.12%

10Y*

N/A

Compare stocks, funds, or ETFs

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


FLJH vs. EWJV - Expense Ratio Comparison

FLJH has a 0.09% expense ratio, which is lower than EWJV's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


EWJV
iShares MSCI Japan Value ETF
Expense ratio chart for EWJV: current value at 0.15% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.15%
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. EWJV - 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 Value ETF (EWJV). 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 1.26, compared to the broader market0.002.004.001.260.69
The chart of Sortino ratio for FLJH, currently valued at 1.65, compared to the broader market-2.000.002.004.006.008.0010.001.651.02
The chart of Omega ratio for FLJH, currently valued at 1.24, compared to the broader market0.501.001.502.002.503.001.241.13
The chart of Calmar ratio for FLJH, currently valued at 1.20, compared to the broader market0.005.0010.0015.001.201.00
The chart of Martin ratio for FLJH, currently valued at 4.19, compared to the broader market0.0020.0040.0060.0080.00100.004.193.32
FLJH
EWJV

The current FLJH Sharpe Ratio is 1.26, which is higher than the EWJV Sharpe Ratio of 0.69. The chart below compares the historical Sharpe Ratios of FLJH and EWJV, 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
1.26
0.69
FLJH
EWJV

Dividends

FLJH vs. EWJV - Dividend Comparison

FLJH's dividend yield for the trailing twelve months is around 2.42%, less than EWJV's 6.09% yield.


TTM2023202220212020201920182017
FLJH
Franklin FTSE Japan Hedged ETF
2.42%25.59%26.67%1.29%0.00%0.00%5.92%0.05%
EWJV
iShares MSCI Japan Value ETF
6.09%3.32%2.71%2.47%1.97%4.29%0.00%0.00%

Drawdowns

FLJH vs. EWJV - Drawdown Comparison

The maximum FLJH drawdown since its inception was -31.36%, roughly equal to the maximum EWJV drawdown of -30.05%. Use the drawdown chart below to compare losses from any high point for FLJH and EWJV. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-6.46%
-6.87%
FLJH
EWJV

Volatility

FLJH vs. EWJV - Volatility Comparison

The current volatility for Franklin FTSE Japan Hedged ETF (FLJH) is 4.28%, while iShares MSCI Japan Value ETF (EWJV) has a volatility of 4.75%. This indicates that FLJH experiences smaller price fluctuations and is considered to be less risky than EWJV 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
4.28%
4.75%
FLJH
EWJV
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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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