FLJP — Franklin FTSE Japan ETF

FLJP Price Performance — Growth of $10,000

Value of a $10,000 investment in FLJP over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

FLJP Drawdown

The "underwater" chart: FLJP's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The Franklin FTSE Japan ETF (FLJP) is a Single Country - Developed fund issued by Franklin Templeton Investments with $4.12 billion in assets. It holds a B grade and ranks 4th out of 18 peers in its category, placing it 97th among all 458 tracked ETFs. The fund’s 0.09% expense ratio is significantly lower than the category median of 0.5%, while its 4.11% dividend yield substantially exceeds the median of 1.52%. Top holdings account for 25.4% of assets, with Mitsubishi UFJ Financial Group Inc representing the largest single position at 3.5%.

The fund’s price of $41.24 sits at 90.6% of its 52-week range, reflecting a strong one-year return of 23.88% that slightly outpaces the category median of 23.53%. Short-term momentum shows a divergence, with a 1-day decline of 0.89% contrasting against a 1-week gain of 1.48% and a 3-month increase of 6.38%. The fund was downgraded from a B+ to a B grade on 2026-07-31, and its price history covers only 3.0 years. Year-to-date returns stand at 19.25%, supported by a 6-month gain of 11.93%.

With a beta of 0.98, the ETF moves in close alignment with the broader market, while its 19.94% annualized volatility is classified as Moderate. The Sharpe ratio of 0.95 indicates efficient risk-adjusted returns, complemented by a maximum drawdown of -14.17%. Liquidity is evidenced by an average daily volume of 981,332 shares. These metrics collectively describe a fund that has delivered steady performance with moderate downside protection relative to its volatility.

AI-generated summary based on the data on this page.

FLJP Top Holdings

Holdings as of 2026-06-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 25.4% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how FLJP's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With FLJP

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with FLJP's top 10 — EWJ overlaps most, holding 9 of the same companies as FLJP's top 10 (22.4% of FLJP's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.80% (as of 2026-09-08) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 15.72 (as of 2026-09-08) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-08-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

FLJP Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is — and average daily volume is 981K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $4.12B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: FLJP is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

FLJP Performance History

How FLJP Compares to Other Single Country - Developed ETFs