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ETFs

Franklin FTSE Japan Hedged ETF

FLJH
$—
Today’s Change
— (—)

Snapshot
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Inception Date
Nov 2, 2017
Expense Ratio
0.09%
Type
Global Ex. US Equities
Fund Owner
Franklin Templeton
Volume (1m avg. daily)
$822,377
AUM
$253,116,000
Associated Index
FTSE Japan Capped Index USD Hedged
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

7203
Toyota Motor Corporation
5.41%
8306
Mitsubishi UFJ Financial Group, Inc.
2.51%
6758
Sony Group Corporation
2.44%
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SOLD JPY/BOUGHT USD
1.99%
6861
Keyence Corporation
1.76%
8316
Sumitomo Mitsui Financial Group Inc
1.61%
8035
Tokyo Electron Ltd
1.47%
6501
Hitachi Ltd.
1.43%
4063
Shin-Etsu Chemical Co. Ltd.
1.42%
7267
Honda Motor
1.4%
Invest with FLJH
Trade FLJH Options

What is FLJH?

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

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FLJH
Performance Measures**

for the time period Nov 6, 2017 to Dec 4, 2025

Returns

1M Trailing Return: 2.2%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 11.3%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -31.5%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 19.8%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.74

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.43

The annualized return divided by the max drawdown for the selected time period.

ETFs related toFLJH

ETFs correlated to FLJH include HEWJ, DXJ, HEFA

FLJH
Franklin Templeton ETF Trust - Franklin FTSE Japan Hedged ETF
HEWJ
BlackRock Institutional Trust Company N.A. - iShares Currency Hedged MSCI Japan ETF
DXJ
WisdomTree Trust - WisdomTree Japan Hedged Equity Fund
HEFA
BlackRock Institutional Trust Company N.A. - iShares Currency Hedged MSCI EAFE ETF
DBEF
DBX ETF Trust - Xtrackers MSCI EAFE Hedged Equity ETF
HFXI
IndexIQ ETF Trust - IQ FTSE International Equity Currency Neutral ETF
EWJ
BlackRock Institutional Trust Company N.A. - iShares MSCI Japan ETF
BBJP
J.P.Morgan Investment Management Inc. - JPMorgan BetaBuilders Japan ETF
FLJP
Franklin Templeton ETF Trust - Franklin FTSE Japan ETF
LVHI
Legg Mason ETF Investment Trust - Franklin International Low Volatility High Dividend Index ETF
IHDG
WisdomTree Trust - WisdomTree International Hedged Quality Dividend Growth Fund

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.

FAQ

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

FLJH tracks the FTSE Japan Capped Index USD Hedged.

No, FLJH 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, FLJH 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 FLJH is 0.0599%. This is the percent change in the value of FLJH over the most recent 1-month period. The 3-month return on FLJH is 0.0686%. This is the percent change in the value of FLJH over the most recent 3-month period.

The standard deviation of FLJH for the past year is 0.2436%. 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 FLJH include EWZ, EWW, and EWT.

ETFs correlated to FLJH include HEWJ, DXJ, and HEFA.

ETFs that are inversely correlated to FLJH include EFZ, FAZ, and SH.

Disclaimers

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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.