FLJP vs. FUTY

Last updated Jun 14, 2026

FLJP (Franklin FTSE Japan ETF) and FUTY (Fidelity MSCI Utilities Index ETF) are both exchange-traded funds - FLJP is a Japan Equities fund tracking the FTSE Japan RIC Capped Index, while FUTY is a Utilities Equities fund tracking the MSCI USA IMI Utilities Index. Both are passively managed. Over the past 5 years, FLJP returned 8.82%/yr vs 9.19%/yr for FUTY. At a 0.28 correlation, their price movements are largely independent. FLJP charges 0.09%/yr vs 0.08%/yr for FUTY.

Performance

FLJP vs. FUTY - Performance Comparison

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

Returns By Period

In the year-to-date period, FLJP achieves a 14.83% return, which is significantly higher than FUTY's 4.88% return.

FLJP

• 1D: 0.56%
• 1M: 0.15%
• YTD: 14.83%
• 6M: 14.62%
• 1Y: 31.78%
• 3Y*: 16.94%
• 5Y*: 8.82%
• 10Y*: —

FUTY

• 1D: 1.14%
• 1M: -0.88%
• YTD: 4.88%
• 6M: 5.07%
• 1Y: 12.59%
• 3Y*: 13.69%
• 5Y*: 9.19%
• 10Y*: 9.07%

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

FLJP vs. FUTY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FLJP Franklin FTSE Japan ETF	14.83%	26.79%	6.99%	20.00%	-16.57%	0.99%	15.76%	18.99%	-14.01%	2.53%
FUTY Fidelity MSCI Utilities Index ETF	4.88%	16.40%	23.20%	-7.46%	1.12%	17.53%	-0.80%	24.89%	4.36%	-3.28%

Correlation

The correlation between FLJP and FUTY is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.26
Correlation (3Y) Calculated over the trailing 3-year period	0.28
Correlation (5Y) Calculated over the trailing 5-year period	0.30
Correlation (All Time) Calculated using the full available price history since Nov 6, 2017	0.28

FLJP vs. FUTY - Sectors Allocation Comparison

Sectors	FLJP	FUTY
Industrials	24.5%	0.2%
Technology	21.1%	-
Financial Services	16.4%	-
Consumer Cyclical	12.0%	-
Communication Services	6.1%	-
Healthcare	5.7%	-
Basic Materials	4.9%	-
Consumer Defensive	3.8%	-
Real Estate	2.8%	-
Utilities	1.2%	99.3%
Energy	0.9%	0.5%

Return for Risk

FLJP vs. FUTY — Risk / Return Rank

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

FLJP

FLJP Risk / Return Rank: 54
FLJP Sharpe Ratio Rank: 54
FLJP Sortino Ratio Rank: 54
FLJP Omega Ratio Rank: 55
FLJP Calmar Ratio Rank: 53
FLJP Martin Ratio Rank: 54

FUTY

FUTY Risk / Return Rank: 26
FUTY Sharpe Ratio Rank: 26
FUTY Sortino Ratio Rank: 24
FUTY Omega Ratio Rank: 24
FUTY Calmar Ratio Rank: 30
FUTY Martin Ratio Rank: 24

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.

FLJP vs. FUTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Japan ETF (FLJP) and Fidelity MSCI Utilities Index ETF (FUTY). 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.

	FLJP	FUTY	Difference
Sharpe ratio: Return per unit of total volatility	1.60	0.82	+0.77
Sortino ratio: Return per unit of downside risk	2.30	1.19	+1.11
Omega ratio: Gain probability vs. loss probability	1.30	1.15	+0.15
Calmar ratio: Return relative to maximum drawdown	2.33	1.33	+1.01
Martin ratio: Return relative to average drawdown	8.10	2.88	+5.22

FLJP vs. FUTY - Sharpe Ratio Comparison

The current FLJP Sharpe Ratio is 1.60, which is higher than the FUTY Sharpe Ratio of 0.82. The chart below compares the historical Sharpe Ratios of FLJP and FUTY, 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

FLJP vs. FUTY - Drawdown Comparison

The maximum FLJP drawdown since its inception was -32.49%, smaller than the maximum FUTY drawdown of -36.44%. Use the drawdown chart below to compare losses from any high point for FLJP and FUTY.

Drawdown Indicators

	FLJP	FUTY	Difference
Max Drawdown Largest peak-to-trough decline	-32.49%	-36.44%	+3.95%
Max Drawdown (1Y) Largest decline over 1 year	-13.30%	-8.93%	-4.37%
Max Drawdown (3Y) Largest decline over 3 years	-14.17%	-17.35%	+3.18%
Max Drawdown (5Y) Largest decline over 5 years	-32.49%	-25.11%	-7.38%
Max Drawdown (10Y) Largest decline over 10 years	—	-36.44%	—
Current Drawdown Current decline from peak	-1.49%	-5.74%	+4.25%
Average Drawdown Average peak-to-trough decline	-9.34%	-6.03%	-3.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.83%	4.11%	-0.28%

Volatility

FLJP vs. FUTY - Volatility Comparison

Franklin FTSE Japan ETF (FLJP) and Fidelity MSCI Utilities Index ETF (FUTY) have volatilities of 5.62% and 5.63%, 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.

Volatility by Period

	FLJP	FUTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.62%	5.63%	-0.01%
Volatility (6M) Calculated over the trailing 6-month period	15.45%	11.54%	+3.91%
Volatility (1Y) Calculated over the trailing 1-year period	19.47%	14.43%	+5.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.86%	17.10%	+0.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.84%	19.06%	-1.22%

FLJP vs. FUTY - Expense Ratio Comparison

FLJP has a 0.09% expense ratio, which is higher than FUTY's 0.08% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

FLJP vs. FUTY - Dividend Comparison

FLJP's dividend yield for the trailing twelve months is around 4.48%, more than FUTY's 2.57% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FLJP Franklin FTSE Japan ETF	4.48%	5.15%	4.56%	3.00%	1.92%	2.40%	1.51%	2.26%	1.50%	0.10%	0.00%	0.00%
FUTY Fidelity MSCI Utilities Index ETF	2.57%	2.67%	2.96%	3.31%	2.72%	2.70%	3.07%	2.82%	3.11%	3.03%	3.35%	4.33%

Frequently Asked Questions

Can I hold both FLJP and FUTY in my portfolio?

FLJP and FUTY have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FLJP or FUTY?

FUTY has higher volatility (5.63%) compared to FLJP (5.62%). In terms of maximum drawdown, FLJP dropped -32.49% vs FUTY's -36.44%.

Which ETF is better, FLJP or FUTY?

On 5-year performance, FUTY leads with 9.19% vs 8.82% for FLJP. On fees, FUTY is cheaper at 0.08% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FLJP or FUTY?

Over the 5-year period, FUTY has performed better with a 9.19% return vs 8.82%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FLJP or FUTY?

FUTY is cheaper with a 0.08% expense ratio, compared with 0.09% for FLJP.

Which ETF pays a higher dividend yield, FLJP or FUTY?

FLJP has the higher dividend yield at 4.48%, compared with 2.57% for FUTY.

What is the main difference between FLJP and FUTY?

FLJP is categorized as Japan Equities, while FUTY is Utilities Equities. FLJP tracks FTSE Japan RIC Capped Index, while FUTY tracks MSCI USA IMI Utilities Index. They also come from different issuers: Franklin Templeton and Fidelity. Their fees differ too: 0.09% for FLJP and 0.08% for FUTY.

Which has better risk-adjusted returns?

FLJP currently has the higher Sharpe Ratio (1.60 vs 0.82), 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.