JPXN vs. FLJP
Compare and contrast key facts about iShares JPX-Nikkei 400 ETF (JPXN) and Franklin FTSE Japan ETF (FLJP).
JPXN and FLJP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JPXN is a passively managed fund by iShares that tracks the performance of the JPX-Nikkei Index 400. It was launched on Oct 26, 2001. FLJP is a passively managed fund by Franklin Templeton that tracks the performance of the FTSE Japan RIC Capped Index. It was launched on Nov 2, 2017. Both JPXN and FLJP are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JPXN or FLJP.
Performance
JPXN vs. FLJP - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with JPXN having a 6.25% return and FLJP slightly lower at 5.96%.
JPXN
6.25%
-4.49%
-0.89%
13.22%
4.32%
5.54%
FLJP
5.96%
-3.86%
-0.85%
12.30%
4.51%
N/A
Key characteristics
| JPXN | FLJP | |
|---|---|---|
| Sharpe Ratio | 0.80 | 0.76 |
| Sortino Ratio | 1.16 | 1.11 |
| Omega Ratio | 1.15 | 1.14 |
| Calmar Ratio | 0.93 | 0.92 |
| Martin Ratio | 3.78 | 3.32 |
| Ulcer Index | 3.61% | 3.83% |
| Daily Std Dev | 17.07% | 16.70% |
| Max Drawdown | -54.97% | -32.49% |
| Current Drawdown | -7.95% | -7.71% |
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JPXN vs. FLJP - Expense Ratio Comparison
JPXN has a 0.48% expense ratio, which is higher than FLJP's 0.09% expense ratio.
Correlation
The correlation between JPXN and FLJP is 0.97, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
JPXN vs. FLJP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares JPX-Nikkei 400 ETF (JPXN) 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.
Dividends
JPXN vs. FLJP - Dividend Comparison
JPXN's dividend yield for the trailing twelve months is around 2.62%, less than FLJP's 5.26% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JPXN iShares JPX-Nikkei 400 ETF | 2.62% | 2.58% | 1.47% | 2.63% | 1.27% | 1.92% | 1.60% | 1.50% | 2.07% | 1.32% | 1.42% | 1.18% |
FLJP Franklin FTSE Japan ETF | 5.26% | 3.00% | 1.91% | 2.40% | 1.51% | 2.26% | 1.50% | 0.10% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
JPXN vs. FLJP - Drawdown Comparison
The maximum JPXN drawdown since its inception was -54.97%, which is greater than FLJP's maximum drawdown of -32.49%. Use the drawdown chart below to compare losses from any high point for JPXN and FLJP. For additional features, visit the drawdowns tool.
Volatility
JPXN vs. FLJP - Volatility Comparison
iShares JPX-Nikkei 400 ETF (JPXN) and Franklin FTSE Japan ETF (FLJP) have volatilities of 4.49% and 4.43%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.