SCJ vs. FLJP
Compare and contrast key facts about iShares MSCI Japan Small Cap ETF (SCJ) and Franklin FTSE Japan ETF (FLJP).
SCJ and FLJP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SCJ is a passively managed fund by iShares that tracks the performance of the MSCI Japan Small Cap Index. It was launched on Dec 20, 2007. 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 SCJ 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: SCJ or FLJP.
Key characteristics
| SCJ | FLJP | |
|---|---|---|
| YTD Return | 3.58% | 7.47% |
| 1Y Return | 13.03% | 15.50% |
| 3Y Return (Ann) | -0.90% | 1.36% |
| 5Y Return (Ann) | 1.66% | 4.94% |
| Sharpe Ratio | 0.84 | 0.92 |
| Sortino Ratio | 1.24 | 1.32 |
| Omega Ratio | 1.15 | 1.17 |
| Calmar Ratio | 0.62 | 1.04 |
| Martin Ratio | 3.55 | 4.14 |
| Ulcer Index | 3.64% | 3.74% |
| Daily Std Dev | 15.28% | 16.80% |
| Max Drawdown | -43.52% | -32.49% |
| Current Drawdown | -10.64% | -6.39% |
Correlation
The correlation between SCJ and FLJP is 0.90, 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.
Performance
SCJ vs. FLJP - Performance Comparison
In the year-to-date period, SCJ achieves a 3.58% return, which is significantly lower than FLJP's 7.47% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SCJ vs. FLJP - Expense Ratio Comparison
SCJ has a 0.49% expense ratio, which is higher than FLJP's 0.09% expense ratio.
Risk-Adjusted Performance
SCJ vs. FLJP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Japan Small Cap ETF (SCJ) 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
SCJ vs. FLJP - Dividend Comparison
SCJ's dividend yield for the trailing twelve months is around 2.23%, less than FLJP's 5.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCJ iShares MSCI Japan Small Cap ETF | 2.23% | 1.99% | 1.18% | 1.87% | 0.89% | 4.46% | 1.44% | 1.45% | 2.73% | 1.53% | 2.31% | 1.85% |
FLJP Franklin FTSE Japan ETF | 5.19% | 3.00% | 1.91% | 2.40% | 1.51% | 2.26% | 1.50% | 0.10% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SCJ vs. FLJP - Drawdown Comparison
The maximum SCJ drawdown since its inception was -43.52%, which is greater than FLJP's maximum drawdown of -32.49%. Use the drawdown chart below to compare losses from any high point for SCJ and FLJP. For additional features, visit the drawdowns tool.
Volatility
SCJ vs. FLJP - Volatility Comparison
iShares MSCI Japan Small Cap ETF (SCJ) and Franklin FTSE Japan ETF (FLJP) have volatilities of 4.62% and 4.77%, 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.