FLJP vs. BBJP
Compare and contrast key facts about Franklin FTSE Japan ETF (FLJP) and JPMorgan BetaBuilders Japan ETF (BBJP).
FLJP and BBJP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLJP is a passively managed fund by Franklin Templeton that tracks the performance of the FTSE Japan RIC Capped Index. It was launched on Nov 2, 2017. BBJP is a passively managed fund by JPMorgan Chase that tracks the performance of the Morningstar Japan Target Market Exposure Index. It was launched on Jun 15, 2018. Both FLJP and BBJP are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLJP or BBJP.
Key characteristics
| FLJP | BBJP | |
|---|---|---|
| YTD Return | 9.25% | 9.65% |
| 1Y Return | 17.41% | 17.83% |
| 3Y Return (Ann) | 1.92% | 1.99% |
| 5Y Return (Ann) | 5.20% | 5.15% |
| Sharpe Ratio | 1.11 | 1.10 |
| Sortino Ratio | 1.55 | 1.54 |
| Omega Ratio | 1.20 | 1.20 |
| Calmar Ratio | 1.24 | 1.26 |
| Martin Ratio | 4.98 | 5.05 |
| Ulcer Index | 3.72% | 3.74% |
| Daily Std Dev | 16.74% | 17.20% |
| Max Drawdown | -32.49% | -32.66% |
| Current Drawdown | -4.84% | -4.73% |
Correlation
The correlation between FLJP and BBJP is 0.98, 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
FLJP vs. BBJP - Performance Comparison
The year-to-date returns for both investments are quite close, with FLJP having a 9.25% return and BBJP slightly higher at 9.65%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FLJP vs. BBJP - Expense Ratio Comparison
FLJP has a 0.09% expense ratio, which is lower than BBJP's 0.19% 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%.
Risk-Adjusted Performance
FLJP vs. BBJP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Japan ETF (FLJP) and JPMorgan BetaBuilders Japan ETF (BBJP). 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.
Dividends
FLJP vs. BBJP - Dividend Comparison
FLJP's dividend yield for the trailing twelve months is around 5.10%, more than BBJP's 2.78% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
FLJP Franklin FTSE Japan ETF | 5.10% | 3.00% | 1.91% | 2.40% | 1.51% | 2.26% | 1.50% | 0.10% |
BBJP JPMorgan BetaBuilders Japan ETF | 2.78% | 3.05% | 1.51% | 2.89% | 1.12% | 2.31% | 0.65% | 0.00% |
Drawdowns
FLJP vs. BBJP - Drawdown Comparison
The maximum FLJP drawdown since its inception was -32.49%, roughly equal to the maximum BBJP drawdown of -32.66%. Use the drawdown chart below to compare losses from any high point for FLJP and BBJP. For additional features, visit the drawdowns tool.
Volatility
FLJP vs. BBJP - Volatility Comparison
Franklin FTSE Japan ETF (FLJP) and JPMorgan BetaBuilders Japan ETF (BBJP) have volatilities of 4.52% and 4.55%, 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.