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IXN vs. FLJH
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IXN vs. FLJH

Last updated Jun 14, 2026

IXN (iShares Global Tech ETF) and FLJH (Franklin FTSE Japan Hedged ETF) are both exchange-traded funds - IXN is a Technology Equities fund tracking the S&P Global Information Technology Sector 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, IXN returned 21.51%/yr vs 20.54%/yr for FLJH. A 0.53 correlation means they provide meaningful diversification when combined. IXN charges 0.46%/yr vs 0.09%/yr for FLJH.

Performance

IXN vs. FLJH - Performance Comparison

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

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Returns By Period

In the year-to-date period, IXN achieves a 33.08% return, which is significantly higher than FLJH's 18.85% return.

IXN

1D
0.42%
1M
3.37%
YTD
33.08%
6M
35.17%
1Y
62.93%
3Y*
32.38%
5Y*
21.51%
10Y*
25.03%

FLJH

1D
0.82%
1M
1.43%
YTD
18.85%
6M
15.00%
1Y
45.89%
3Y*
25.97%
5Y*
20.54%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

IXN vs. FLJH - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IXN
iShares Global Tech ETF		33.08%25.25%24.84%52.98%-29.86%29.58%43.62%47.88%-5.44%-0.00%
FLJH
Franklin FTSE Japan Hedged ETF		18.85%25.26%25.89%36.02%-2.75%12.68%10.65%20.34%-14.66%1.26%

Correlation

The correlation between IXN and FLJH is 0.53, 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

0.53

Correlation (3Y)
Calculated over the trailing 3-year period

0.51

Correlation (5Y)
Calculated over the trailing 5-year period

0.57

Correlation (All Time)
Calculated using the full available price history since Nov 6, 2017

0.53

The correlation between IXN and FLJH has been stable across timeframes, ranging from 0.51 to 0.57 - a consistent structural relationship.

IXN vs. FLJH - Sectors Allocation Comparison

Sectors
IXN
FLJH

Technology

99.2%
19.4%

Industrials

0.2%
25.2%

Energy

0.1%
0.9%

Healthcare

0.1%
5.5%

Real Estate

0.0%
3.0%

Basic Materials

-

4.4%

Communication Services

-

8.0%

Consumer Cyclical

-

12.7%

Consumer Defensive

-

4.0%

Financial Services

-

15.8%

Utilities

-

1.2%

Technology

IXN
99.2%
FLJH
19.4%

Industrials

IXN
0.2%
FLJH
25.2%

Energy

IXN
0.1%
FLJH
0.9%

Healthcare

IXN
0.1%
FLJH
5.5%

Real Estate

IXN
0.0%
FLJH
3.0%

Basic Materials

IXN

-

FLJH
4.4%

Communication Services

IXN

-

FLJH
8.0%

Consumer Cyclical

IXN

-

FLJH
12.7%

Consumer Defensive

IXN

-

FLJH
4.0%

Financial Services

IXN

-

FLJH
15.8%

Utilities

IXN

-

FLJH
1.2%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Global Tech ETF

Franklin FTSE Japan Hedged ETF

Often compared with IXN:
IXN vs. VGTIXN vs. QQQIXN vs. IGMIXN vs. XLKIXN vs. FTECIXN vs. VOOIXN vs. IETC
Often compared with FLJH:
FLJH vs. FLJPFLJH vs. EWJVFLJH vs. HEWJFLJH vs. DBJPFLJH vs. EWJFLJH vs. SCHDFLJH vs. OARK

Return for Risk

IXN vs. FLJH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IXN
IXN Risk / Return Rank: 8484
Overall Rank
IXN Sharpe Ratio Rank: 8888
Sharpe Ratio Rank
IXN Sortino Ratio Rank: 8080
Sortino Ratio Rank
IXN Omega Ratio Rank: 8181
Omega Ratio Rank
IXN Calmar Ratio Rank: 8888
Calmar Ratio Rank
IXN Martin Ratio Rank: 8383
Martin Ratio Rank
FLJH
FLJH Risk / Return Rank: 8686
Overall Rank
FLJH Sharpe Ratio Rank: 8787
Sharpe Ratio Rank
FLJH Sortino Ratio Rank: 8686
Sortino Ratio Rank
FLJH Omega Ratio Rank: 8585
Omega Ratio Rank
FLJH Calmar Ratio Rank: 8686
Calmar Ratio Rank
FLJH Martin Ratio Rank: 8787
Martin Ratio Rank
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.

IXN vs. FLJH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Global Tech ETF (IXN) 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.

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.

IXNFLJHDifference
Sharpe ratioReturn per unit of total volatility
2.52
2.46

+0.06

Sortino ratioReturn per unit of downside risk
3.09
3.35

-0.26

Omega ratioGain probability vs. loss probability

1.42

1.45

-0.03

Calmar ratioReturn relative to maximum drawdown

4.39

4.20

+0.19

Martin ratioReturn relative to average drawdown

14.35

16.28

-1.92

IXN vs. FLJH - Sharpe Ratio Comparison

The current IXN Sharpe Ratio is 2.52, which is comparable to the FLJH Sharpe Ratio of 2.46. The chart below compares the historical Sharpe Ratios of IXN 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.

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Drawdowns

IXN vs. FLJH - Drawdown Comparison

The maximum IXN drawdown since its inception was -55.67%, which is greater than FLJH's maximum drawdown of -31.51%. Use the drawdown chart below to compare losses from any high point for IXN and FLJH.

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Drawdown Indicators

IXNFLJHDifference

Max Drawdown

Largest peak-to-trough decline

-55.67%

-31.51%

-24.16%

Max Drawdown (1Y)

Largest decline over 1 year

-13.80%

-10.80%

-3.00%

Max Drawdown (3Y)

Largest decline over 3 years

-25.55%

-20.39%

-5.16%

Max Drawdown (5Y)

Largest decline over 5 years

-36.30%

-20.39%

-15.91%

Max Drawdown (10Y)

Largest decline over 10 years

-36.30%

—

—

Current Drawdown

Current decline from peak

-6.68%

-1.30%

-5.38%

Average Drawdown

Average peak-to-trough decline

-11.26%

-5.30%

-5.96%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.21%

2.78%

+1.43%

Volatility

IXN vs. FLJH - Volatility Comparison

iShares Global Tech ETF (IXN) has a higher volatility of 12.01% compared to Franklin FTSE Japan Hedged ETF (FLJH) at 5.20%. This indicates that IXN'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.

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Volatility by Period

IXNFLJHDifference

Volatility (1M)

Calculated over the trailing 1-month period

12.01%

5.20%

+6.81%

Volatility (6M)

Calculated over the trailing 6-month period

20.45%

14.09%

+6.36%

Volatility (1Y)

Calculated over the trailing 1-year period

24.03%

18.44%

+5.59%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

25.19%

18.61%

+6.58%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.58%

19.84%

+4.74%

IXN vs. FLJH - Expense Ratio Comparison

IXN has a 0.46% expense ratio, which is higher than FLJH's 0.09% expense ratio.

Dividends

IXN vs. FLJH - Dividend Comparison

IXN's dividend yield for the trailing twelve months is around 0.78%, less than FLJH's 3.28% yield.

PositionTTM20252024202320222021202020192018201720162015
FLJH
Franklin FTSE Japan Hedged ETF		3.28%3.90%5.06%25.59%26.67%1.29%0.00%0.00%5.92%0.10%0.00%0.00%
IXN
iShares Global Tech ETF		0.78%1.04%0.43%0.55%0.81%0.58%0.63%1.06%0.94%0.93%1.03%1.12%

Frequently Asked Questions

IXN and FLJH have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

IXN has higher volatility (12.01%) compared to FLJH (5.20%). In terms of maximum drawdown, IXN dropped -55.67% vs FLJH's -31.51%.

On 5-year performance, IXN leads with 21.51% vs 20.54% for FLJH. On fees, FLJH is cheaper at 0.09% per year. On volatility, FLJH has been the lower-risk option at 5.20%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, IXN has performed better with a 21.51% return vs 20.54%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

FLJH is cheaper with a 0.09% expense ratio, compared with 0.46% for IXN.

FLJH has the higher dividend yield at 3.28%, compared with 0.78% for IXN.

IXN is categorized as Technology Equities, while FLJH is Japan Equities. IXN tracks S&P Global Information Technology Sector Index, while FLJH tracks FTSE Japan RIC Capped Hedged to USD Net Tax Index. They also come from different issuers: iShares and Franklin Templeton. Their fees differ too: 0.46% for IXN and 0.09% for FLJH.

IXN currently has the higher Sharpe Ratio (2.52 vs 2.46), 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.

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