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

Correlation

The correlation between FLJP and FLJH is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

FLJP vs. FLJH - Performance Comparison

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

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Key characteristics

Sharpe Ratio

FLJP:

0.36

FLJH:

0.21

Sortino Ratio

FLJP:

0.67

FLJH:

0.48

Omega Ratio

FLJP:

1.09

FLJH:

1.07

Calmar Ratio

FLJP:

0.55

FLJH:

0.29

Martin Ratio

FLJP:

1.63

FLJH:

0.87

Ulcer Index

FLJP:

4.82%

FLJH:

6.93%

Daily Std Dev

FLJP:

20.73%

FLJH:

24.90%

Max Drawdown

FLJP:

-32.49%

FLJH:

-31.36%

Current Drawdown

FLJP:

-1.96%

FLJH:

-3.10%

Returns By Period

In the year-to-date period, FLJP achieves a 6.78% return, which is significantly higher than FLJH's 0.26% return.


FLJP

YTD

6.78%

1M

6.22%

6M

7.34%

1Y

7.49%

5Y*

8.91%

10Y*

N/A

FLJH

YTD

0.26%

1M

9.69%

6M

2.56%

1Y

5.12%

5Y*

19.73%

10Y*

N/A

*Annualized

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FLJP vs. FLJH - Expense Ratio Comparison

Both FLJP and FLJH 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%.


Risk-Adjusted Performance

FLJP vs. FLJH — Risk-Adjusted Performance Rank

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

FLJP
The Risk-Adjusted Performance Rank of FLJP is 4343
Overall Rank
The Sharpe Ratio Rank of FLJP is 3636
Sharpe Ratio Rank
The Sortino Ratio Rank of FLJP is 3737
Sortino Ratio Rank
The Omega Ratio Rank of FLJP is 3636
Omega Ratio Rank
The Calmar Ratio Rank of FLJP is 5858
Calmar Ratio Rank
The Martin Ratio Rank of FLJP is 4747
Martin Ratio Rank

FLJH
The Risk-Adjusted Performance Rank of FLJH is 2929
Overall Rank
The Sharpe Ratio Rank of FLJH is 2525
Sharpe Ratio Rank
The Sortino Ratio Rank of FLJH is 2828
Sortino Ratio Rank
The Omega Ratio Rank of FLJH is 2929
Omega Ratio Rank
The Calmar Ratio Rank of FLJH is 3535
Calmar Ratio Rank
The Martin Ratio Rank of FLJH is 3030
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FLJP vs. FLJH - Risk-Adjusted Performance Comparison

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


The current FLJP Sharpe Ratio is 0.36, which is higher than the FLJH Sharpe Ratio of 0.21. The chart below compares the historical Sharpe Ratios of FLJP and FLJH, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

FLJP vs. FLJH - Dividend Comparison

FLJP's dividend yield for the trailing twelve months is around 4.27%, less than FLJH's 5.05% yield.


TTM20242023202220212020201920182017
FLJP
Franklin FTSE Japan ETF
4.27%4.56%3.00%1.92%2.40%1.51%2.26%1.50%0.10%
FLJH
Franklin FTSE Japan Hedged ETF
5.05%5.06%25.59%26.67%1.29%0.00%0.00%5.92%0.05%

Drawdowns

FLJP vs. FLJH - Drawdown Comparison

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


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Volatility

FLJP vs. FLJH - Volatility Comparison

The current volatility for Franklin FTSE Japan ETF (FLJP) is 4.12%, while Franklin FTSE Japan Hedged ETF (FLJH) has a volatility of 6.16%. This indicates that FLJP experiences smaller price fluctuations and is considered to be less risky than FLJH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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