FLJP vs. YALL

Last updated Jun 14, 2026

FLJP (Franklin FTSE Japan ETF) and YALL (God Bless America ETF) are both exchange-traded funds - FLJP is a Japan Equities fund tracking the FTSE Japan RIC Capped Index, while YALL is a Large Cap Blend Equities fund actively managed by Tidal ETFs. FLJP is passively managed, while YALL is actively managed. Over the past 3 years, FLJP returned 16.94%/yr vs 19.86%/yr for YALL. A 0.54 correlation means they provide meaningful diversification when combined. FLJP charges 0.09%/yr vs 0.65%/yr for YALL.

Performance

FLJP vs. YALL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin FTSE Japan ETF (FLJP) and God Bless America ETF (YALL). 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 YALL's -0.86% return.

FLJP

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

YALL

• 1D: 0.72%
• 1M: -3.63%
• YTD: -0.86%
• 6M: -1.72%
• 1Y: 6.38%
• 3Y*: 19.86%
• 5Y*: —
• 10Y*: —

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

FLJP vs. YALL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
FLJP Franklin FTSE Japan ETF	14.83%	26.79%	6.99%	20.00%	10.16%
YALL God Bless America ETF	-0.86%	14.36%	29.99%	40.74%	8.04%

Correlation

The correlation between FLJP and YALL is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.56
Correlation (3Y) Calculated over the trailing 3-year period	0.53
Correlation (All Time) Calculated using the full available price history since Oct 11, 2022	0.54

The correlation between FLJP and YALL has been stable across timeframes, ranging from 0.53 to 0.56 - a consistent structural relationship.

FLJP vs. YALL - Sectors Allocation Comparison

Sectors	FLJP	YALL
Industrials	24.5%	13.0%
Technology	21.1%	23.1%
Financial Services	16.4%	13.3%
Consumer Cyclical	12.0%	8.8%
Communication Services	6.1%	7.3%
Healthcare	5.7%	9.6%
Basic Materials	4.9%	5.2%
Consumer Defensive	3.8%	9.8%
Real Estate	2.8%	2.3%
Utilities	1.2%	2.9%
Energy	0.9%	4.7%

Return for Risk

FLJP vs. YALL — 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

YALL

YALL Risk / Return Rank: 16
YALL Sharpe Ratio Rank: 16
YALL Sortino Ratio Rank: 15
YALL Omega Ratio Rank: 14
YALL Calmar Ratio Rank: 17
YALL Martin Ratio Rank: 17

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. YALL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Japan ETF (FLJP) and God Bless America ETF (YALL). 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	YALL	Difference
Sharpe ratio: Return per unit of total volatility	1.60	0.38	+1.21
Sortino ratio: Return per unit of downside risk	2.30	0.62	+1.68
Omega ratio: Gain probability vs. loss probability	1.30	1.07	+0.22
Calmar ratio: Return relative to maximum drawdown	2.33	0.56	+1.78
Martin ratio: Return relative to average drawdown	8.10	1.56	+6.54

FLJP vs. YALL - Sharpe Ratio Comparison

The current FLJP Sharpe Ratio is 1.60, which is higher than the YALL Sharpe Ratio of 0.38. The chart below compares the historical Sharpe Ratios of FLJP and YALL, 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. YALL - Drawdown Comparison

The maximum FLJP drawdown since its inception was -32.49%, which is greater than YALL's maximum drawdown of -19.72%. Use the drawdown chart below to compare losses from any high point for FLJP and YALL.

Drawdown Indicators

	FLJP	YALL	Difference
Max Drawdown Largest peak-to-trough decline	-32.49%	-19.72%	-12.77%
Max Drawdown (1Y) Largest decline over 1 year	-13.30%	-9.42%	-3.88%
Max Drawdown (3Y) Largest decline over 3 years	-14.17%	-19.72%	+5.55%
Max Drawdown (5Y) Largest decline over 5 years	-32.49%	—	—
Current Drawdown Current decline from peak	-1.49%	-5.30%	+3.81%
Average Drawdown Average peak-to-trough decline	-9.34%	-2.95%	-6.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.83%	3.36%	+0.47%

Volatility

FLJP vs. YALL - Volatility Comparison

Franklin FTSE Japan ETF (FLJP) has a higher volatility of 5.62% compared to God Bless America ETF (YALL) at 4.31%. This indicates that FLJP's price experiences larger fluctuations and is considered to be riskier than YALL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLJP	YALL	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.62%	4.31%	+1.31%
Volatility (6M) Calculated over the trailing 6-month period	15.45%	10.13%	+5.32%
Volatility (1Y) Calculated over the trailing 1-year period	19.47%	13.75%	+5.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.86%	17.48%	+0.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.84%	17.48%	+0.36%

FLJP vs. YALL - Expense Ratio Comparison

FLJP has a 0.09% expense ratio, which is lower than YALL's 0.65% expense ratio.

Dividends

FLJP vs. YALL - Dividend Comparison

FLJP's dividend yield for the trailing twelve months is around 4.48%, more than YALL's 0.50% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%
YALL God Bless America ETF	0.50%	0.49%	0.50%	3.51%	0.19%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FLJP and YALL in my portfolio?

FLJP and YALL have a correlation of 0.56, 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 YALL?

FLJP has higher volatility (5.62%) compared to YALL (4.31%). In terms of maximum drawdown, FLJP dropped -32.49% vs YALL's -19.72%.

Which ETF is better, FLJP or YALL?

On 3-year performance, YALL leads with 19.86% vs 16.94% for FLJP. On fees, FLJP is cheaper at 0.09% per year. On volatility, YALL has been the lower-risk option at 4.31%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FLJP or YALL?

Over the 3-year period, YALL has performed better with a 19.86% return vs 16.94%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FLJP or YALL?

FLJP is cheaper with a 0.09% expense ratio, compared with 0.65% for YALL.

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

FLJP has the higher dividend yield at 4.48%, compared with 0.50% for YALL.

What is the main difference between FLJP and YALL?

FLJP is categorized as Japan Equities, while YALL is Large Cap Blend Equities. They also come from different issuers: Franklin Templeton and Tidal ETFs. Their fees differ too: 0.09% for FLJP and 0.65% for YALL.

Which has better risk-adjusted returns?

FLJP currently has the higher Sharpe Ratio (1.60 vs 0.38), 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.