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

Correlation

The correlation between FLKR and FLJP is 0.60, 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.


-0.50.00.51.00.6

Performance

FLKR vs. FLJP - 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 ETF (FLJP). The values are adjusted to include any dividend payments, if applicable.

-15.00%-10.00%-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
-16.45%
1.98%
FLKR
FLJP

Key characteristics

Sharpe Ratio

FLKR:

-0.57

FLJP:

0.53

Sortino Ratio

FLKR:

-0.68

FLJP:

0.83

Omega Ratio

FLKR:

0.92

FLJP:

1.10

Calmar Ratio

FLKR:

-0.32

FLJP:

0.78

Martin Ratio

FLKR:

-1.52

FLJP:

2.17

Ulcer Index

FLKR:

8.45%

FLJP:

4.20%

Daily Std Dev

FLKR:

22.44%

FLJP:

17.12%

Max Drawdown

FLKR:

-50.06%

FLJP:

-32.49%

Current Drawdown

FLKR:

-39.88%

FLJP:

-7.74%

Returns By Period

In the year-to-date period, FLKR achieves a -16.11% return, which is significantly lower than FLJP's 5.92% return.


FLKR

YTD

-16.11%

1M

-5.84%

6M

-16.45%

1Y

-12.73%

5Y*

-0.78%

10Y*

N/A

FLJP

YTD

5.92%

1M

-0.45%

6M

1.98%

1Y

9.60%

5Y*

4.22%

10Y*

N/A

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FLKR vs. FLJP - Expense Ratio Comparison

Both FLKR and FLJP 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%.


FLKR
Franklin FTSE South Korea ETF
Expense ratio chart for FLKR: current value at 0.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.09%
Expense ratio chart for FLJP: current value at 0.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.09%

Risk-Adjusted Performance

FLKR vs. FLJP - Risk-Adjusted Performance Comparison

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


Sharpe ratio
The chart of Sharpe ratio for FLKR, currently valued at -0.57, compared to the broader market0.002.004.00-0.570.53
The chart of Sortino ratio for FLKR, currently valued at -0.68, compared to the broader market-2.000.002.004.006.008.0010.00-0.680.83
The chart of Omega ratio for FLKR, currently valued at 0.92, compared to the broader market0.501.001.502.002.503.000.921.10
The chart of Calmar ratio for FLKR, currently valued at -0.32, compared to the broader market0.005.0010.0015.00-0.320.78
The chart of Martin ratio for FLKR, currently valued at -1.52, compared to the broader market0.0020.0040.0060.0080.00100.00-1.522.17
FLKR
FLJP

The current FLKR Sharpe Ratio is -0.57, which is lower than the FLJP Sharpe Ratio of 0.53. The chart below compares the historical Sharpe Ratios of FLKR and FLJP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.50JulyAugustSeptemberOctoberNovemberDecember
-0.57
0.53
FLKR
FLJP

Dividends

FLKR vs. FLJP - Dividend Comparison

FLKR's dividend yield for the trailing twelve months is around 6.52%, more than FLJP's 3.59% yield.


TTM2023202220212020201920182017
FLKR
Franklin FTSE South Korea ETF
6.52%2.29%3.13%2.12%0.99%2.09%1.86%1.02%
FLJP
Franklin FTSE Japan ETF
3.59%3.00%1.91%2.40%1.51%2.26%1.50%0.10%

Drawdowns

FLKR vs. FLJP - Drawdown Comparison

The maximum FLKR drawdown since its inception was -50.06%, which is greater than FLJP's maximum drawdown of -32.49%. Use the drawdown chart below to compare losses from any high point for FLKR and FLJP. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-39.88%
-7.74%
FLKR
FLJP

Volatility

FLKR vs. FLJP - Volatility Comparison

Franklin FTSE South Korea ETF (FLKR) has a higher volatility of 5.95% compared to Franklin FTSE Japan ETF (FLJP) at 5.09%. This indicates that FLKR's price experiences larger fluctuations and is considered to be riskier than FLJP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%9.00%JulyAugustSeptemberOctoberNovemberDecember
5.95%
5.09%
FLKR
FLJP
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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