FLJP
Franklin FTSE Japan ETF

Price: $28.86
Change: $0.1 (-0.0%)
Category: Japan Equities
Last Updated:

Vitals

Brand Franklin
Structure ETF
Expense Ratio 0.09%
ETF Home Page Home page
Inception Nov 02, 2017

Analyst Report

The Franklin FTSE Japan ETF (FLJP) tracks an index of large- and mid-size Japanese equities, providing a way for investors to make a targeted bet on one of the largest economies in the world. Japan has undergone significant periods of economic stagnation, and some tactical investors prefer to manage their exposure to the country rather than outsourcing it to broad, developed-market indexes that include Japan. As of June 2020, FLJP’s management fee is well below average for the category, and considerably lower than the iShares MSCI Japan ETF (EWJ), long the dominant fund in the space. FLJP owns more securities than EWJ, but has more of its portfolio in mid cap stocks. Both funds have broadly similar sector allocations. Another low-cost alternative for investors looking for exposure to Japan is the JPMorgan BetaBuilders Japan ETF (BBJP).

ETF Database Themes

Category Japan Equities
Asset Class Equity
Asset Class Size Large-Cap
Asset Class Style Blend
Region (General) Developed Asia Pacific
Region (Specific) Japan

FactSet Classifications

Segment Equity: Japan - Total Market
Category Size and Style
Focus Total Market
Niche Broad-based
Strategy Vanilla
Weighting Scheme Market Cap

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $24.69
  • 52 Week Hi $31.08
  • AUM $2,027.5 M
  • Shares 69.6 M

Historical Trading Data

  • 1 Month Avg. Volume 891,500
  • 3 Month Avg. Volume 927,141

Alternative ETFs in the ETF Database Japan Equities Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest FLJH 0.09% $75.0 M 30,270 20.50%
Largest (AUM) EWJ 0.50% $14.4 B 6 M 6.91%
Most Liquid (Volume) EWJ 0.50% $14.4 B 6 M 6.91%
Top YTD Performer DXJ 0.48% $3.6 B 906,821 23.35%

Alternative ETFs in the FactSet Equity: Japan - Total Market Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest FLJH 0.09% $75.0 M 30,270 20.50%
Largest (AUM) EWJ 0.50% $14.4 B 6 M 6.91%
Most Liquid (Volume) EWJ 0.50% $14.4 B 6 M 6.91%
Top YTD Performer DXJ 0.48% $3.6 B 906,821 23.35%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

FLJP ETF Database Category Average FactSet Segment Average
Number of Holdings 496 368 233
% of Assets in Top 10 22.88% 26.24% 33.78%
% of Assets in Top 15 30.04% 32.22% 42.12%
% of Assets in Top 50 55.92% 57.20% 71.93%

Size Comparison

FLJP ETF Database Category Average FactSet Segment Average
Large (>12.9B) 72.37% 52.21% 63.88%
Mid (>2.7B) 22.31% 20.16% 22.08%
Small (>600M) 5.23% 15.38% 3.96%
Micro (<600M) 0.00% 4.12% 0.58%

FLJP Valuation

This section compares the P/E ratio of this ETF to its peers.

FLJP
P/E Ratio
13.56
ETF Database Category Average
P/E Ratio
10.40
FactSet Segment Average
P/E Ratio
8.67

FLJP Dividend

This section compares the dividend yield of this ETF to its peers.

FLJP ETF Database Category Average FactSet Segment Average
Dividend $ 1.03 $ 0.64 $ 0.65
Dividend Date 2024-06-21 N/A N/A
Annual Dividend Rate $ 1.50 $ 1.90 $ 1.82
Annual Dividend Yield 5.16% 4.13% 4.05%

FLJP Price and Volume Charts

View charts featuring FLJP price and volume data.

FLJP Fund Flows Charts

View charts featuring ETF fund flow data.

5 Day Net Flows: 0 1 Month Net Flows: 19.69 M 3 Month Net Flows: -16.7 M 6 Month Net Flows: 148.69 M 1 Year Net Flows: 435.91 M 3 Year Net Flows: 1.23 B 5 Year Net Flows: 1.69 B 10 Year Net Flows: 1.9 B

FLJP Price vs Flows AUM Influence Charts

View charts that break down the influence that fund flows and price had on overall assets.

5 Day Net AUM Change: 50.11 M
1 Month Net AUM Change: -59.16 M
3 Month Net AUM Change: 12.71 M
6 Month Net AUM Change: 181.14 M
1 Year Net AUM Change: 621.29 M
3 Year Net AUM Change: 1.27 B
5 Year Net AUM Change: 1.81 B
10 Year Net AUM Change: 2.01 B

Realtime Rating

The adjacent table gives investors an individual Realtime Rating for FLJP on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Japan Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity B EWJ
Expenses A+ FLJP
Performance
Volatility
Dividend
Concentration

A+ Overall Rated ETF:

FLJP Expenses & Fees

This section compares the cost efficiency of this ETF to its peers.

Expenses Ratio Analysis

FLJP
Expense Ratio
0.09%
ETF Database Category Average
Expense Ratio
0.40%
FactSet Segment Average
Expense Ratio
0.45%

Tax Analysis

Max ST Capital Gains Rate 39.60%
Max LT Capital Gains Rate 20.00%
Tax On Distributions Qualified dividends
Distributes K1 No
ESG Themes and Scores
7.26/10
ESG Score
80.75%
Global Percentile
51.62%
Peer Percentile
    • Revenue Exposure to Environmental Impact (%)
      Higher is better, no ESG score impact
    • Severe Environment Controversies (%)
      Lower improves ESG score
    • Sustainable Impact Solutions (%)
      8.04%
      Higher is better, no ESG score impact
    • Weighted Average Carbon Intensity (Tons of CO2e / $M Sales)
      75.2
      Higher is worse, no ESG score impact
    • Fossil Fuel Reserves (%)
      Higher is worse, no ESG score impact
    • High Impact Fossil Fuel Reserves (%)
      Higher is worse, no ESG score impact
    • Water Stress High Risk Business Segment (%)
      Lower improves ESG score
    • Water Stress High Risk Geography (%)
      Lower improves ESG score
    • Water Stress Exposure Moderate (%)
      Lower improves ESG score
    • Water Stress Exposure High (%)
      Lower improves ESG score
    • Water Stress Exposure Low (%)
      Higher improves ESG score
    • Revenue Exposure to Energy Efficiency (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to Alternative Energy (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to Green Building (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to Pollution Prevention (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to Water Sustainability (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to Social Impact (%)
      Higher is better, no ESG score impact
    • Sustainable Impact Solutions (%)
      8.04%
      Higher is better, no ESG score impact
    • SRI Exclusion Criteria (%)
      10.91%
      Higher is worse, no ESG score impact
    • Revenue Exposure to Affordable Real Estate (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to Education (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to Major Disease Treatment (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to Nutrition (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to Sanitation (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to SME Finance (%)
      Higher is better, no ESG score impact
    • Human Rights Norms Violation (%)
      Higher is worse, no ESG score impact
    • Human Rights Norms Violation OR Watch List (%)
      Higher is worse, no ESG score impact
    • Severe Human Rights Controversies (%)
      Lower improves ESG score
    • Labor Norms Violation (%)
      Higher is worse, no ESG score impact
    • Labor Norms Violation OR Watch List (%)
      Higher is worse, no ESG score impact
    • Severe Labor Controversies (%)
      Lower improves ESG score
    • Severe Customer Controversies (%)
      Lower improves ESG score
    • Global Compact Compliance Violation (%)
      Higher is worse, no ESG score impact
    • Global Compact Compliance Violation OR Watch List (%)
      Higher is worse, no ESG score impact
    • Catholic Values Fail (%)
      Higher is worse, no ESG score impact
    • Islamic Non-Compliant (%)
      Higher is worse, no ESG score impact
    • Adult Entertainment Involvement (%)
      Higher is worse, no ESG score impact
    • Alcohol Involvement (%)
      Higher is worse, no ESG score impact
    • Gambling Involvement (%)
      Higher is worse, no ESG score impact
    • Nuclear Power Involvement (%)
      Higher is worse, no ESG score impact
    • Tobacco Involvement (%)
      Higher is worse, no ESG score impact
    • Weapons Involvement (%)
      Higher is worse, no ESG score impact
    • Controversies Weapons Involvement (%)
      Higher is worse, no ESG score impact
    • Civilian Firearms Involvement (%)
      Higher is worse, no ESG score impact
    • Civilian Firearms Retailer (%)
      Higher is worse, no ESG score impact
    • Civilian Firearms Producer (%)
      Higher is worse, no ESG score impact
    • Direct Predatory Lending Involvement (%)
      Higher is worse, no ESG score impact
    • Genetic Engineering Involvement (%)
      Higher is worse, no ESG score impact
    • Severe Governance Controversies (%)
      Lower improves ESG score
    • Board Flag (%)
      Lower improves ESG score
    • Lack of Independent Board Majority (%)
      Lower improves ESG score
    • Board Independence (0-25%) (%)
      Lower improves ESG score
    • Board Independence (25-50%) (%)
      Lower improves ESG score
    • Board Independence (50-75%) (%)
      Higher improves ESG score
    • Board Independence (75-100%) (%)
      Higher improves ESG score
    • No Female Directors (%)
      Lower improves ESG score
    • Three OR More Female Directors (%)
      Higher improves ESG score
    • Females Represent 30% of Directors (%)
      Higher improves ESG score
    • Entrenched Board (%)
      Lower improves ESG score
    • Overboarding (%)
      Lower improves ESG score
    • Negative Director Votes (%)
      Lower improves ESG score
    • Ownership AND Control Flag (%)
      Lower improves ESG score
    • One Share One Vote (%)
      Lower improves ESG score
    • No Annual Director Elections (%)
      Lower improves ESG score
    • Does Not Use Majority Voting (%)
      Lower improves ESG score
    • Significant Votes Against Pay Practices (%)
      Lower improves ESG score
    • Controlling Shareholder (%)
      Lower improves ESG score
    • Controlling Shareholder Concerns (%)
      Lower improves ESG score
    • Cross Shareholdings (%)
      Lower improves ESG score
    • Poison Pill (%)
      Lower improves ESG score
    • Pay Flag (%)
      Lower improves ESG score
    • No Pay Performance Link (%)
      Lower improves ESG score
    • Lack of Internal Pay Equity (%)
      Lower improves ESG score
    • Executive Pay Non-Disclosure (%)
      Lower improves ESG score
    • Accounting Flag (%)
      Lower improves ESG score

FLJP Performance

This section shows how this ETF has performed relative to its peers. Returns over 1 year are annualized.

FLJP ETF Database
Category Average
Factset Segment
Average
1 Month Return -4.56% -1.91% -1.44%
3 Month Return -1.06% -1.02% -0.11%
YTD Return 6.87% 10.94% 9.32%
1 Year Return 15.90% 17.51% 14.21%
3 Year Return 1.89% 8.03% 5.67%
5 Year Return 5.10% 8.31% 6.07%

Geographic Exposure

The following charts reflect the geographic spread of FLJP's underlying holdings.

Region Percentage
Asia Pacific 99.94%
Other 0.08%
North, Central and South America 0.0%
Country Percentage
Japan 99.94%
Other 0.08%

Holdings Analysis

The following charts reflect the allocation of FLJP's underlying holdings.

Sector Percentage
Finance 16.94%
Producer Manufacturing 13.55%
Consumer Durables 11.12%
Electronic Technology 11.01%
Health Technology 8.52%
Process Industries 5.79%
Technology Services 5.48%
Consumer Non-Durables 4.87%
Retail Trade 4.23%
Distribution Services 4.22%
Communications 3.83%
Transportation 3.25%
Utilities 1.45%
Commercial Services 1.45%
Non-Energy Minerals 1.31%
Consumer Services 1.29%
Energy Minerals 0.83%
Industrial Services 0.79%
CASH 0.08%
Health Services 0.01%
Miscellaneous 0.0%
Market Cap Percentage
Large 72.37%
Mid 22.31%
Small 5.23%
Micro 0.0%
Region Percentage
Asset Percentage
Share/Common/Ordinary 99.94%
CASH 0.08%
Open-ended Fund 0.0%
Sector Percentage
Finance 16.94%
Producer Manufacturing 13.55%
Consumer Durables 11.12%
Electronic Technology 11.01%
Health Technology 8.52%
Process Industries 5.79%
Technology Services 5.48%
Consumer Non-Durables 4.87%
Retail Trade 4.23%
Distribution Services 4.22%
Communications 3.83%
Transportation 3.25%
Utilities 1.45%
Commercial Services 1.45%
Non-Energy Minerals 1.31%
Consumer Services 1.29%
Energy Minerals 0.83%
Industrial Services 0.79%
CASH 0.08%
Health Services 0.01%
Miscellaneous 0.0%

FLJP Technicals

Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETF Database Category.

5 Day Volatility 98.40%
20 Day Volatility 14.46%
50 Day Volatility 18.90%
200 Day Volatility 20.99%
Beta 0.67
Standard Deviation 1.42%
5 Day Volatility
98.40%
Rank
9 of 14

20 Day Volatility
14.46%
Rank
12 of 14

50 Day Volatility
18.90%
Rank
11 of 14

200 Day Volatility
20.99%
Rank
12 of 14

Beta
0.67
Rank
3 of 14

Standard Deviation
1.42%
Rank
14 of 14

Technicals

  • 20 Day MA $29.46
  • 60 Day MA $29.66
  • MACD 15 Period -0.34
  • MACD 100 Period -0.47
  • Williams % Range 10 Day 57.32
  • Williams % Range 20 Day 70.85
  • RSI 10 Day 40
  • RSI 20 Day 43
  • RSI 30 Day 46
  • Ultimate Oscillator 43

Bollinger Bands

  • Lower Bollinger (10 Day) $28.06
  • Upper Bollinger (10 Day) $29.68
  • Lower Bollinger (20 Day) $28.11
  • Upper Bollinger (20 Day) $30.80
  • Lower Bollinger (30 Day) $28.34
  • Upper Bollinger (30 Day) $31.17

Support & Resistance

  • Support Level 1 $28.67
  • Support Level 2 $28.47
  • Resistance Level 1 $28.99
  • Resistance Level 2 $29.11

Stochastic

  • Stochastic Oscillator %D (1 Day) 50.15
  • Stochastic Oscillator %D (5 Day) 58.48
  • Stochastic Oscillator %K (1 Day) 48.36
  • Stochastic Oscillator %K (5 Day) 48.23

Tradability

  • Tracking Difference Median (%) 0.05
  • Tracking Difference Max Upside (%) 0.90
  • Tracking Difference Max Downside (%) -0.05
  • Median Premium Discount (%) 0.10
  • Maximum Premium Discount (%) 5.33
  • Average Spread (%) 1.03
  • Average Spread ($) 1.03

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Fact Sheet

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Analyst Report Authors

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Copyright MSCI ESG Research LLC [2018]. All Rights Reserved. MSCI ESG Research LLC’s (“MSCI ESG”) Fund Metrics products (the “Information”) provide environmental, social and governance data with respect to underlying securities within more than 23,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted, to nor received approval from, the US SEC or any other regulatory body. None of the information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided “as is” and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information. All Information is provided solely for your internal use, and may not be reproduced or redisseminated in any form without express prior written permission from MSCI. Neither MSCI ESG nor any of its affiliates or any third party involved in or related to creating any Information makes any express or implied warranties, representations or guarantees, and in no event will MSCI ESG or any such affiliate or third party have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) relating to any Information. More information on MSCI ESG Fund Metrics, provided by MSCI ESG Research LLC, can be found at https://www.msci.com/esg-fund-metrics.
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