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ETFs

Franklin FTSE Japan ETF

FLJP
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Nov 02 2017
Expense Ratio
0.09%
Type
Global Ex. US Equities
Fund Owner
Franklin Templeton
Volume (1m avg. daily)
$10,447,026
AUM
$1,529,004,000
Associated Index
FTSE Japan Capped Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

7203
Toyota Motor Corporation
5.52%
8306
Mitsubishi UFJ Financial Group, Inc.
2.56%
6758
Sony Group Corporation
2.48%
6861
Keyence Corporation
1.79%
8316
Sumitomo Mitsui Financial Group Inc
1.65%
8035
Tokyo Electron Ltd
1.50%
4063
Shin-Etsu Chemical Co. Ltd.
1.46%
6501
Hitachi Ltd.
1.46%
7267
Honda Motor
1.44%
8058
Mitsubishi Corporation
1.42%
Invest with FLJP

What is FLJP?

Franklin FTSE Japan ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Japan Capped Index. FTSE Japan Capped Index is a market-capitalization weighted index representing the performance of Japanese large and mid capitalization stocks.

ETFs related toFLJP

ETFs correlated to FLJP include EWJ, BBJP, IPAC

FLJP
Franklin Templeton ETF Trust - Franklin FTSE Japan ETF
EWJ
BlackRock Institutional Trust Company N.A. - iShares MSCI Japan ETF
BBJP
J.P.Morgan Investment Management Inc. - JPMorgan BetaBuilders Japan ETF
IPAC
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Pacific ETF
SCJ
BlackRock Institutional Trust Company N.A. - iShares MSCI Japan Small-Cap ETF
VPL
Vanguard Group, Inc. - Vanguard FTSE Pacific ETF
EWJV
iShares Trust - iShares MSCI Japan Value ETF
DFJ
WisdomTree Trust - WisdomTree Japan SmallCap Dividend Fund
GWX
SSgA Active Trust - SPDR S&P International Small Cap ETF
FNDC
Schwab Strategic Trust - Schwab Fundamental International Small Company Index ETF
JPIN
J.P.Morgan Investment Management Inc. - JPMorgan Diversified Return International Equity ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toFLJP

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

#DRAG

Copy the Dragon Portfolio

Category

Go Global, Copy the Greats

Risk Rating

Aggressive

Create your own algorithmic trading strategy with FLJP using Composer

FAQ

FLJP is a Global Ex. US Equities ETF. Franklin FTSE Japan ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Japan Capped Index. FTSE Japan Capped Index is a market-capitalization weighted index representing the performance of Japanese large and mid capitalization stocks.

FLJP tracks the FTSE Japan Capped Index.

No, FLJP is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, FLJP is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on FLJP is 0.0347%. This is the percent change in the value of FLJP over the most recent 1-month period. The 3-month return on FLJP is 0.0176%. This is the percent change in the value of FLJP over the most recent 3-month period.

The standard deviation of FLJP for the past year is 0.1653%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to FLJP include EWZ, EWW, and EWT.

ETFs correlated to FLJP include EWJ, BBJP, and IPAC.

ETFs that are inversely correlated to FLJP include EFZ, EPV, and SH.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.