FLJP vs. SCHD

Last updated Jun 4, 2026

FLJP (Franklin FTSE Japan ETF) and SCHD (Schwab U.S. Dividend Equity ETF) are both exchange-traded funds - FLJP is a Japan Equities fund tracking the FTSE Japan RIC Capped Index, while SCHD is a Dividend fund tracking the Dow Jones U.S. Dividend 100 Index. Both are passively managed. Over the past 5 years, FLJP returned 9.03%/yr vs 8.36%/yr for SCHD. A 0.57 correlation means they provide meaningful diversification when combined. FLJP charges 0.09%/yr vs 0.06%/yr for SCHD.

Performance

FLJP vs. SCHD - Performance Comparison

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

Returns By Period

In the year-to-date period, FLJP achieves a 16.23% return, which is significantly lower than SCHD's 19.01% return.

FLJP

• 1D: 0.33%
• 1M: 6.40%
• YTD: 16.23%
• 6M: 17.97%
• 1Y: 32.70%
• 3Y*: 18.66%
• 5Y*: 9.03%
• 10Y*: —

SCHD

• 1D: 0.00%
• 1M: 2.70%
• YTD: 19.01%
• 6M: 18.63%
• 1Y: 27.16%
• 3Y*: 15.09%
• 5Y*: 8.36%
• 10Y*: 12.77%

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

FLJP vs. SCHD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FLJP Franklin FTSE Japan ETF	16.23%	26.79%	6.99%	20.00%	-16.57%	0.99%	15.76%	18.99%	-14.01%	2.22%
SCHD Schwab U.S. Dividend Equity ETF	19.01%	4.34%	11.66%	4.54%	-3.26%	29.87%	15.03%	27.29%	-5.56%	5.96%

Correlation

The correlation between FLJP and SCHD is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.34
Correlation (3Y) Calculated over the trailing 3-year period	0.41
Correlation (5Y) Calculated over the trailing 5-year period	0.53
Correlation (All Time) Calculated using the full available price history since Nov 7, 2017	0.57

Over the past year, the correlation between FLJP and SCHD has dropped to 0.34 - well below their long-term average of 0.57, suggesting their price drivers have been diverging.

FLJP vs. SCHD - Sectors Allocation Comparison

Sectors	FLJP	SCHD
Industrials	25.4%	7.5%
Technology	19.7%	16.4%
Financial Services	16.0%	9.3%
Consumer Cyclical	12.2%	6.3%
Communication Services	6.3%	6.3%
Healthcare	5.8%	18.8%
Basic Materials	4.9%	1.2%
Consumer Defensive	3.9%	19.2%
Real Estate	2.9%	-
Utilities	1.2%	0.0%
Energy	0.9%	16.2%

Return for Risk

FLJP vs. SCHD — Risk / Return Rank

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

FLJP

FLJP Risk / Return Rank: 50
FLJP Sharpe Ratio Rank: 49
FLJP Sortino Ratio Rank: 51
FLJP Omega Ratio Rank: 51
FLJP Calmar Ratio Rank: 49
FLJP Martin Ratio Rank: 50

SCHD

SCHD Risk / Return Rank: 80
SCHD Sharpe Ratio Rank: 75
SCHD Sortino Ratio Rank: 84
SCHD Omega Ratio Rank: 73
SCHD Calmar Ratio Rank: 91
SCHD Martin Ratio Rank: 75

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. SCHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Japan ETF (FLJP) and Schwab U.S. Dividend Equity ETF (SCHD). 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.

	FLJP	SCHD	Difference
Sharpe ratio: Return per unit of total volatility	1.74	2.49	-0.75
Sortino ratio: Return per unit of downside risk	2.50	3.87	-1.36
Omega ratio: Gain probability vs. loss probability	1.33	1.45	-0.12
Calmar ratio: Return relative to maximum drawdown	2.47	5.91	-3.44
Martin ratio: Return relative to average drawdown	8.62	14.53	-5.91
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FLJP vs. SCHD - Sharpe Ratio Comparison

The current FLJP Sharpe Ratio is 1.74, which is lower than the SCHD Sharpe Ratio of 2.49. The chart below compares the historical Sharpe Ratios of FLJP and SCHD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FLJP	SCHD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.74	2.49	-0.75
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.51	0.58	-0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.77	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	0.86	-0.41

Drawdowns

FLJP vs. SCHD - Drawdown Comparison

The maximum FLJP drawdown since its inception was -32.49%, roughly equal to the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for FLJP and SCHD.

Drawdown Indicators

	FLJP	SCHD	Difference
Max Drawdown Largest peak-to-trough decline	-32.49%	-33.37%	+0.88%
Max Drawdown (1Y) Largest decline over 1 year	-13.30%	-4.61%	-8.69%
Max Drawdown (3Y) Largest decline over 3 years	-14.17%	-16.13%	+1.96%
Max Drawdown (5Y) Largest decline over 5 years	-32.49%	-16.85%	-15.64%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.37%	—
Current Drawdown Current decline from peak	-0.07%	-1.40%	+1.33%
Average Drawdown Average peak-to-trough decline	-9.37%	-3.32%	-6.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.80%	1.88%	+1.92%

Volatility

FLJP vs. SCHD - Volatility Comparison

Franklin FTSE Japan ETF (FLJP) has a higher volatility of 4.11% compared to Schwab U.S. Dividend Equity ETF (SCHD) at 2.66%. This indicates that FLJP's price experiences larger fluctuations and is considered to be riskier than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLJP	SCHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.11%	2.66%	+1.45%
Volatility (6M) Calculated over the trailing 6-month period	14.72%	7.66%	+7.06%
Volatility (1Y) Calculated over the trailing 1-year period	18.92%	10.96%	+7.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.75%	14.38%	+3.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.79%	16.72%	+1.07%

FLJP vs. SCHD - Expense Ratio Comparison

FLJP has a 0.09% expense ratio, which is higher than SCHD's 0.06% 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. SCHD - Dividend Comparison

FLJP's dividend yield for the trailing twelve months is around 4.43%, more than SCHD's 3.26% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FLJP Franklin FTSE Japan ETF	4.43%	5.15%	4.56%	3.00%	1.92%	2.40%	1.51%	2.26%	1.50%	0.10%	0.00%	0.00%
SCHD Schwab U.S. Dividend Equity ETF	3.26%	3.82%	3.64%	3.49%	3.39%	2.78%	3.16%	2.98%	3.06%	2.63%	2.89%	2.97%

Frequently Asked Questions

Can I hold both FLJP and SCHD in my portfolio?

FLJP and SCHD have a correlation of 0.34, 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 SCHD?

FLJP has higher volatility (4.11%) compared to SCHD (2.66%). In terms of maximum drawdown, FLJP dropped -32.49% vs SCHD's -33.37%.

Which ETF is better, FLJP or SCHD?

On 5-year performance, FLJP leads with 9.03% vs 8.36% for SCHD. On fees, SCHD is cheaper at 0.06% per year. On volatility, SCHD has been the lower-risk option at 2.66%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FLJP or SCHD?

Over the 5-year period, FLJP has performed better with a 9.03% return vs 8.36%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FLJP or SCHD?

SCHD is cheaper with a 0.06% expense ratio, compared with 0.09% for FLJP.

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

FLJP has the higher dividend yield at 4.43%, compared with 3.26% for SCHD.

What is the main difference between FLJP and SCHD?

FLJP is categorized as Japan Equities, while SCHD is Dividend. FLJP tracks FTSE Japan RIC Capped Index, while SCHD tracks Dow Jones U.S. Dividend 100 Index. They also come from different issuers: Franklin Templeton and Charles Schwab. Their fees differ too: 0.09% for FLJP and 0.06% for SCHD.

Which has better risk-adjusted returns?

SCHD currently has the higher Sharpe Ratio (2.49 vs 1.74), 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.