FLJP vs. DXJ
Compare and contrast key facts about Franklin FTSE Japan ETF (FLJP) and WisdomTree Japan Hedged Equity Fund (DXJ).
FLJP and DXJ 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. DXJ is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Japan Hedged Equity Index. It was launched on Jun 16, 2006. Both FLJP and DXJ 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 DXJ.
Key characteristics
| FLJP | DXJ | |
|---|---|---|
| YTD Return | 9.25% | 27.31% |
| 1Y Return | 17.41% | 27.20% |
| 3Y Return (Ann) | 1.92% | 24.22% |
| 5Y Return (Ann) | 5.20% | 18.74% |
| Sharpe Ratio | 1.11 | 1.37 |
| Sortino Ratio | 1.55 | 1.76 |
| Omega Ratio | 1.20 | 1.26 |
| Calmar Ratio | 1.24 | 1.29 |
| Martin Ratio | 4.98 | 4.60 |
| Ulcer Index | 3.72% | 6.23% |
| Daily Std Dev | 16.74% | 20.86% |
| Max Drawdown | -32.49% | -49.63% |
| Current Drawdown | -4.84% | -5.40% |
Correlation
The correlation between FLJP and DXJ is 0.82, 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. DXJ - Performance Comparison
In the year-to-date period, FLJP achieves a 9.25% return, which is significantly lower than DXJ's 27.31% return. 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. DXJ - Expense Ratio Comparison
FLJP has a 0.09% expense ratio, which is lower than DXJ's 0.48% expense ratio.
Risk-Adjusted Performance
FLJP vs. DXJ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Japan ETF (FLJP) and WisdomTree Japan Hedged Equity Fund (DXJ). 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. DXJ - Dividend Comparison
FLJP's dividend yield for the trailing twelve months is around 5.10%, more than DXJ's 2.31% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLJP Franklin FTSE Japan ETF | 5.10% | 3.00% | 1.91% | 2.40% | 1.51% | 2.26% | 1.50% | 0.10% | 0.00% | 0.00% | 0.00% | 0.00% |
DXJ WisdomTree Japan Hedged Equity Fund | 2.31% | 3.44% | 3.03% | 2.64% | 2.53% | 2.47% | 2.92% | 2.30% | 1.98% | 5.95% | 11.61% | 2.44% |
Drawdowns
FLJP vs. DXJ - Drawdown Comparison
The maximum FLJP drawdown since its inception was -32.49%, smaller than the maximum DXJ drawdown of -49.63%. Use the drawdown chart below to compare losses from any high point for FLJP and DXJ. For additional features, visit the drawdowns tool.
Volatility
FLJP vs. DXJ - Volatility Comparison
The current volatility for Franklin FTSE Japan ETF (FLJP) is 4.52%, while WisdomTree Japan Hedged Equity Fund (DXJ) has a volatility of 5.05%. This indicates that FLJP experiences smaller price fluctuations and is considered to be less risky than DXJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.