FLKR vs. FLJH

Last updated Jun 4, 2026

FLKR (Franklin FTSE South Korea ETF) and FLJH (Franklin FTSE Japan Hedged ETF) are both exchange-traded funds - FLKR is a Asia Pacific Equities fund tracking the FTSE South Korea RIC Capped Index, while FLJH is a Japan Equities fund tracking the FTSE Japan RIC Capped Hedged to USD Net Tax Index. Both are passively managed. Over the past 5 years, FLKR returned 19.48%/yr vs 20.80%/yr for FLJH. At a 0.46 correlation, their price movements are largely independent. Both charge a 0.09% expense ratio.

Performance

FLKR vs. FLJH - Performance Comparison

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

Returns By Period

In the year-to-date period, FLKR achieves a 114.41% return, which is significantly higher than FLJH's 20.31% return.

FLKR

• 1D: -0.79%
• 1M: 29.00%
• YTD: 114.41%
• 6M: 130.14%
• 1Y: 238.40%
• 3Y*: 51.14%
• 5Y*: 19.48%
• 10Y*: —

FLJH

• 1D: 0.71%
• 1M: 8.59%
• YTD: 20.31%
• 6M: 18.71%
• 1Y: 46.83%
• 3Y*: 27.99%
• 5Y*: 20.80%
• 10Y*: —

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

FLKR vs. FLJH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FLKR Franklin FTSE South Korea ETF	114.41%	91.91%	-18.84%	19.16%	-27.50%	-7.54%	42.64%	8.88%	-21.30%	2.84%
FLJH Franklin FTSE Japan Hedged ETF	20.31%	25.26%	25.89%	36.02%	-2.75%	12.68%	10.65%	20.34%	-14.66%	1.26%

Correlation

The correlation between FLKR and FLJH is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.42
Correlation (3Y) Calculated over the trailing 3-year period	0.39
Correlation (5Y) Calculated over the trailing 5-year period	0.45
Correlation (All Time) Calculated using the full available price history since Nov 7, 2017	0.46

FLKR vs. FLJH - Sectors Allocation Comparison

Sectors	FLKR	FLJH
Technology	64.3%	17.4%
Industrials	12.8%	26.6%
Financial Services	7.6%	15.9%
Consumer Cyclical	6.0%	12.8%
Basic Materials	2.6%	4.3%
Healthcare	2.5%	5.9%
Communication Services	1.6%	7.1%
Consumer Defensive	1.5%	4.2%
Energy	0.4%	1.0%
Utilities	0.3%	1.3%
Real Estate	-	3.4%

Return for Risk

FLKR vs. FLJH — Risk / Return Rank

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

FLKR

FLKR Risk / Return Rank: 96
FLKR Sharpe Ratio Rank: 98
FLKR Sortino Ratio Rank: 95
FLKR Omega Ratio Rank: 95
FLKR Calmar Ratio Rank: 97
FLKR Martin Ratio Rank: 96

FLJH

FLJH Risk / Return Rank: 80
FLJH Sharpe Ratio Rank: 79
FLJH Sortino Ratio Rank: 79
FLJH Omega Ratio Rank: 79
FLJH Calmar Ratio Rank: 82
FLJH Martin Ratio Rank: 83

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.

FLKR vs. FLJH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE South Korea ETF (FLKR) 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.

	FLKR	FLJH	Difference
Sharpe ratio Return per unit of total volatility	5.83	2.62	+3.21
Sortino ratio Return per unit of downside risk	5.23	3.61	+1.62
Omega ratio Gain probability vs. loss probability	1.73	1.48	+0.25
Calmar ratio Return relative to maximum drawdown	10.42	4.36	+6.07
Martin ratio Return relative to average drawdown	38.67	17.09	+21.59
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FLKR vs. FLJH - Sharpe Ratio Comparison

The current FLKR Sharpe Ratio is 5.83, which is higher than the FLJH Sharpe Ratio of 2.62. The chart below compares the historical Sharpe Ratios of FLKR and FLJH, 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

	FLKR	FLJH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	5.83	2.62	+3.21
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.69	1.13	-0.43
Sharpe Ratio (All Time) Calculated using the full available price history	0.55	0.75	-0.20

Drawdowns

FLKR vs. FLJH - Drawdown Comparison

The maximum FLKR drawdown since its inception was -50.06%, which is greater than FLJH's maximum drawdown of -31.51%. Use the drawdown chart below to compare losses from any high point for FLKR and FLJH.

Drawdown Indicators

	FLKR	FLJH	Difference
Max Drawdown Largest peak-to-trough decline	-50.06%	-31.51%	-18.55%
Max Drawdown (1Y) Largest decline over 1 year	-23.03%	-10.80%	-12.23%
Max Drawdown (3Y) Largest decline over 3 years	-26.39%	-20.39%	-6.00%
Max Drawdown (5Y) Largest decline over 5 years	-49.51%	-20.39%	-29.12%
Current Drawdown Current decline from peak	-1.77%	0.00%	-1.77%
Average Drawdown Average peak-to-trough decline	-22.07%	-5.32%	-16.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.20%	2.75%	+3.45%

Volatility

FLKR vs. FLJH - Volatility Comparison

Franklin FTSE South Korea ETF (FLKR) has a higher volatility of 20.21% compared to Franklin FTSE Japan Hedged ETF (FLJH) at 3.45%. This indicates that FLKR's price experiences larger fluctuations and is considered to be riskier than FLJH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLKR	FLJH	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.21%	3.45%	+16.76%
Volatility (6M) Calculated over the trailing 6-month period	36.52%	13.38%	+23.14%
Volatility (1Y) Calculated over the trailing 1-year period	41.18%	17.98%	+23.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.19%	18.51%	+9.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.56%	19.82%	+7.74%

FLKR vs. FLJH - Expense Ratio Comparison

Both FLKR 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%.

Dividends

FLKR vs. FLJH - Dividend Comparison

FLKR's dividend yield for the trailing twelve months is around 1.80%, less than FLJH's 3.24% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FLJH Franklin FTSE Japan Hedged ETF	3.24%	3.90%	5.06%	25.59%	26.67%	1.29%	0.00%	0.00%	5.92%	0.10%
FLKR Franklin FTSE South Korea ETF	1.80%	3.87%	7.08%	2.28%	3.13%	2.12%	0.99%	2.09%	1.86%	1.02%

Frequently Asked Questions

Can I hold both FLKR and FLJH in my portfolio?

FLKR and FLJH have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FLKR or FLJH?

FLKR has higher volatility (20.21%) compared to FLJH (3.45%). In terms of maximum drawdown, FLKR dropped -50.06% vs FLJH's -31.51%.

Which ETF is better, FLKR or FLJH?

On 5-year performance, FLJH leads with 20.80% vs 19.48% for FLKR. Both ETFs have the same 0.09% expense ratio. On volatility, FLJH has been the lower-risk option at 3.45%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FLKR or FLJH?

Over the 5-year period, FLJH has performed better with a 20.80% return vs 19.48%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FLKR or FLJH?

FLKR and FLJH have the same expense ratio: 0.09% per year.

Which ETF pays a higher dividend yield, FLKR or FLJH?

FLJH has the higher dividend yield at 3.24%, compared with 1.80% for FLKR.

What is the main difference between FLKR and FLJH?

FLKR is categorized as Asia Pacific Equities, while FLJH is Japan Equities. FLKR tracks FTSE South Korea RIC Capped Index, while FLJH tracks FTSE Japan RIC Capped Hedged to USD Net Tax Index.

Which has better risk-adjusted returns?

FLKR currently has the higher Sharpe Ratio (5.83 vs 2.62), 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.