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

Key characteristics


FLJHFLJP
YTD Return23.07%6.44%
1Y Return23.21%12.22%
3Y Return (Ann)16.79%1.03%
5Y Return (Ann)16.30%4.62%
Sharpe Ratio1.260.85
Sortino Ratio1.661.24
Omega Ratio1.241.16
Calmar Ratio1.201.02
Martin Ratio4.333.81
Ulcer Index5.63%3.77%
Daily Std Dev19.32%16.83%
Max Drawdown-31.36%-32.49%
Current Drawdown-5.52%-7.29%

Correlation

-0.50.00.51.00.7

The correlation between FLJH and FLJP 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.

Performance

FLJH vs. FLJP - Performance Comparison

In the year-to-date period, FLJH achieves a 23.07% return, which is significantly higher than FLJP's 6.44% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-10.00%-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
2.50%
-0.75%
FLJH
FLJP

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. FLJP - Expense Ratio Comparison

Both FLJH and FLJP have an expense ratio of 0.09%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.


FLJH
Franklin FTSE Japan Hedged ETF
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%
Expense ratio chart for FLJP: 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. FLJP - Risk-Adjusted Performance Comparison

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


FLJH
Sharpe ratio
The chart of Sharpe ratio for FLJH, currently valued at 1.26, compared to the broader market-2.000.002.004.001.26
Sortino ratio
The chart of Sortino ratio for FLJH, currently valued at 1.66, compared to the broader market-2.000.002.004.006.008.0010.0012.001.66
Omega ratio
The chart of Omega ratio for FLJH, currently valued at 1.24, compared to the broader market1.001.502.002.503.001.24
Calmar ratio
The chart of Calmar ratio for FLJH, currently valued at 1.20, compared to the broader market0.005.0010.0015.001.20
Martin ratio
The chart of Martin ratio for FLJH, currently valued at 4.33, compared to the broader market0.0020.0040.0060.0080.00100.00120.004.33
FLJP
Sharpe ratio
The chart of Sharpe ratio for FLJP, currently valued at 0.85, compared to the broader market-2.000.002.004.000.85
Sortino ratio
The chart of Sortino ratio for FLJP, currently valued at 1.24, compared to the broader market-2.000.002.004.006.008.0010.0012.001.24
Omega ratio
The chart of Omega ratio for FLJP, currently valued at 1.16, compared to the broader market1.001.502.002.503.001.16
Calmar ratio
The chart of Calmar ratio for FLJP, currently valued at 1.02, compared to the broader market0.005.0010.0015.001.02
Martin ratio
The chart of Martin ratio for FLJP, currently valued at 3.81, compared to the broader market0.0020.0040.0060.0080.00100.00120.003.81

FLJH vs. FLJP - Sharpe Ratio Comparison

The current FLJH Sharpe Ratio is 1.26, which is higher than the FLJP Sharpe Ratio of 0.85. The chart below compares the historical Sharpe Ratios of FLJH and FLJP, 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 Ratio0.501.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
1.26
0.85
FLJH
FLJP

Dividends

FLJH vs. FLJP - Dividend Comparison

FLJH's dividend yield for the trailing twelve months is around 22.69%, more than FLJP's 5.24% yield.


TTM2023202220212020201920182017
FLJH
Franklin FTSE Japan Hedged ETF
22.69%25.59%26.67%1.29%0.00%0.00%5.92%0.05%
FLJP
Franklin FTSE Japan ETF
5.24%3.00%1.91%2.40%1.51%2.26%1.50%0.10%

Drawdowns

FLJH vs. FLJP - Drawdown Comparison

The maximum FLJH drawdown since its inception was -31.36%, roughly equal to the maximum FLJP drawdown of -32.49%. Use the drawdown chart below to compare losses from any high point for FLJH and FLJP. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-5.52%
-7.29%
FLJH
FLJP

Volatility

FLJH vs. FLJP - Volatility Comparison

Franklin FTSE Japan Hedged ETF (FLJH) and Franklin FTSE Japan ETF (FLJP) have volatilities of 4.35% and 4.48%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%JuneJulyAugustSeptemberOctoberNovember
4.35%
4.48%
FLJH
FLJP