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 that tracks 18 ETFs in its specific category. With an asset base of $3.79 billion and a share price of $38.45, the fund demonstrates significant investor adoption relative to its peers. It holds an overall rank of #97 out of 458 tracked ETFs across all categories and has received an ETFValuer grade of B with a score of 70.8 out of 100. The fund offers a low-cost structure with an expense ratio of 0.09% while providing a dividend yield of 4.27%. This combination of substantial assets under management and a competitive yield profile suggests the fund is a widely utilized vehicle for exposure to the Japanese market. The current pricing and asset size indicate a mature product within the broader ETF landscape.

Recent short-term data shows a decline, with the fund down 1.69% over one day, 2.71% over one week, and 2.98% over one month. However, the trend reverses over longer horizons, posting a 3.16% gain over three months and accelerating to a 6.78% increase over six months. Year-to-date performance stands at +11.18%, reflecting a stronger recovery or growth phase compared to the immediate past. The one-year return is recorded at +23.98%, while the three-year return totals +60.85%, indicating sustained long-term appreciation. This pattern illustrates a divergence where short-term volatility has given way to consistent gains over the medium and long term. The fund's trajectory shows a clear shift from recent negative momentum to positive returns as the time horizon extends.

The fund carries a Moderate volatility label and a beta of 0.95, suggesting price movements that are slightly less volatile than the broader market benchmark. A Sharpe ratio of 0.96 indicates that the fund has generated a favorable risk-adjusted return relative to the volatility experienced. Despite these metrics, the maximum drawdown of -14.17% highlights the potential for significant temporary losses during market downturns. The combination of a beta below 1.0 and a moderate volatility rating implies the fund generally moves in sync with the market but with slightly dampened swings. Investors should note that while the Sharpe ratio reflects efficient return generation, the max drawdown figure serves as a reminder of the downside risk inherent in this exposure.

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

FLJP Top Holdings

Holdings as of 2026-03-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 22.9% 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 — BBJP overlaps most, holding 9 of the same companies as FLJP's top 10 (21.1% 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: 4.65% (as of 2026-07-27) — 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): 18.67 (as of 2026-07-27) — 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 2026-06-01) — 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 1.1M/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 $3.79B 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