FLJH vs. IDVO

Last updated Jun 14, 2026

FLJH (Franklin FTSE Japan Hedged ETF) and IDVO (Amplify CWP International Enhanced Dividend Income ETF) are both exchange-traded funds - FLJH is a Japan Equities fund tracking the FTSE Japan RIC Capped Hedged to USD Net Tax Index, while IDVO is a Derivative Income fund actively managed by Amplify. FLJH is passively managed, while IDVO is actively managed. Over the past 3 years, FLJH returned 25.97%/yr vs 22.78%/yr for IDVO. A 0.57 correlation means they provide meaningful diversification when combined. FLJH charges 0.09%/yr vs 0.65%/yr for IDVO.

Performance

FLJH vs. IDVO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin FTSE Japan Hedged ETF (FLJH) and Amplify CWP International Enhanced Dividend Income ETF (IDVO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FLJH achieves a 18.85% return, which is significantly higher than IDVO's 14.60% return.

FLJH

• 1D: 0.82%
• 1M: 1.43%
• YTD: 18.85%
• 6M: 15.00%
• 1Y: 45.89%
• 3Y*: 25.97%
• 5Y*: 20.54%
• 10Y*: —

IDVO

• 1D: 0.52%
• 1M: 0.18%
• YTD: 14.60%
• 6M: 15.00%
• 1Y: 35.61%
• 3Y*: 22.78%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FLJH vs. IDVO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
FLJH Franklin FTSE Japan Hedged ETF	18.85%	25.26%	25.89%	36.02%	-1.88%
IDVO Amplify CWP International Enhanced Dividend Income ETF	14.60%	36.46%	10.16%	17.53%	6.42%

Correlation

The correlation between FLJH and IDVO is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.62
Correlation (3Y) Calculated over the trailing 3-year period	0.54
Correlation (All Time) Calculated using the full available price history since Sep 8, 2022	0.57

The correlation between FLJH and IDVO has been stable across timeframes, ranging from 0.54 to 0.62 - a consistent structural relationship.

FLJH vs. IDVO - Sectors Allocation Comparison

Sectors	FLJH	IDVO
Industrials	25.2%	7.2%
Technology	19.4%	10.7%
Financial Services	15.8%	19.9%
Consumer Cyclical	12.7%	3.2%
Communication Services	8.0%	10.3%
Healthcare	5.5%	7.8%
Basic Materials	4.4%	17.1%
Consumer Defensive	4.0%	8.2%
Real Estate	3.0%	-
Utilities	1.2%	3.2%
Energy	0.9%	12.5%

Return for Risk

FLJH vs. IDVO — Risk / Return Rank

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

FLJH

FLJH Risk / Return Rank: 86
FLJH Sharpe Ratio Rank: 87
FLJH Sortino Ratio Rank: 86
FLJH Omega Ratio Rank: 85
FLJH Calmar Ratio Rank: 86
FLJH Martin Ratio Rank: 87

IDVO

IDVO Risk / Return Rank: 75
IDVO Sharpe Ratio Rank: 76
IDVO Sortino Ratio Rank: 73
IDVO Omega Ratio Rank: 75
IDVO Calmar Ratio Rank: 74
IDVO Martin Ratio Rank: 76

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FLJH vs. IDVO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Japan Hedged ETF (FLJH) and Amplify CWP International Enhanced Dividend Income ETF (IDVO). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FLJH	IDVO	Difference
Sharpe ratio: Return per unit of total volatility	2.46	2.09	+0.37
Sortino ratio: Return per unit of downside risk	3.35	2.81	+0.54
Omega ratio: Gain probability vs. loss probability	1.45	1.38	+0.07
Calmar ratio: Return relative to maximum drawdown	4.20	3.30	+0.90
Martin ratio: Return relative to average drawdown	16.28	12.60	+3.68

FLJH vs. IDVO - Sharpe Ratio Comparison

The current FLJH Sharpe Ratio is 2.46, which is comparable to the IDVO Sharpe Ratio of 2.09. The chart below compares the historical Sharpe Ratios of FLJH and IDVO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FLJH vs. IDVO - Drawdown Comparison

The maximum FLJH drawdown since its inception was -31.51%, which is greater than IDVO's maximum drawdown of -15.46%. Use the drawdown chart below to compare losses from any high point for FLJH and IDVO.

Drawdown Indicators

	FLJH	IDVO	Difference
Max Drawdown Largest peak-to-trough decline	-31.51%	-15.46%	-16.05%
Max Drawdown (1Y) Largest decline over 1 year	-10.80%	-10.37%	-0.43%
Max Drawdown (3Y) Largest decline over 3 years	-20.39%	-15.46%	-4.93%
Max Drawdown (5Y) Largest decline over 5 years	-20.39%	—	—
Current Drawdown Current decline from peak	-1.30%	-0.84%	-0.46%
Average Drawdown Average peak-to-trough decline	-5.30%	-2.30%	-3.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.78%	2.71%	+0.07%

Volatility

FLJH vs. IDVO - Volatility Comparison

The current volatility for Franklin FTSE Japan Hedged ETF (FLJH) is 5.20%, while Amplify CWP International Enhanced Dividend Income ETF (IDVO) has a volatility of 6.41%. This indicates that FLJH experiences smaller price fluctuations and is considered to be less risky than IDVO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLJH	IDVO	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.20%	6.41%	-1.21%
Volatility (6M) Calculated over the trailing 6-month period	14.09%	13.94%	+0.15%
Volatility (1Y) Calculated over the trailing 1-year period	18.44%	16.40%	+2.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.61%	16.50%	+2.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.84%	16.50%	+3.34%

FLJH vs. IDVO - Expense Ratio Comparison

FLJH has a 0.09% expense ratio, which is lower than IDVO's 0.65% expense ratio.

Dividends

FLJH vs. IDVO - Dividend Comparison

FLJH's dividend yield for the trailing twelve months is around 3.28%, less than IDVO's 5.46% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FLJH Franklin FTSE Japan Hedged ETF	3.28%	3.90%	5.06%	25.59%	26.67%	1.29%	0.00%	0.00%	5.92%	0.10%
IDVO Amplify CWP International Enhanced Dividend Income ETF	5.46%	5.42%	6.14%	5.72%	1.96%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FLJH and IDVO in my portfolio?

FLJH and IDVO have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FLJH or IDVO?

IDVO has higher volatility (6.41%) compared to FLJH (5.20%). In terms of maximum drawdown, FLJH dropped -31.51% vs IDVO's -15.46%.

Which ETF is better, FLJH or IDVO?

On 3-year performance, FLJH leads with 25.97% vs 22.78% for IDVO. On fees, FLJH is cheaper at 0.09% per year. On volatility, FLJH has been the lower-risk option at 5.20%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FLJH or IDVO?

Over the 3-year period, FLJH has performed better with a 25.97% return vs 22.78%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FLJH or IDVO?

FLJH is cheaper with a 0.09% expense ratio, compared with 0.65% for IDVO.

Which ETF pays a higher dividend yield, FLJH or IDVO?

IDVO has the higher dividend yield at 5.46%, compared with 3.28% for FLJH.

What is the main difference between FLJH and IDVO?

FLJH is categorized as Japan Equities, while IDVO is Derivative Income. They also come from different issuers: Franklin Templeton and Amplify. Their fees differ too: 0.09% for FLJH and 0.65% for IDVO.

Which has better risk-adjusted returns?

FLJH currently has the higher Sharpe Ratio (2.46 vs 2.09), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.