Franklin FTSE Japan ETF
FLJP
Market cap $1.89B

29.21 USD

-0.18

0.61%

At close Mar 11, 4:00 PM EDT

1 day

-0.61%

5 days

-1.45%

1 month

-0.27%

3 months

-2.80%

6 months

-1.28%

Year to date

2.24%

1 year

-3.37%

5 years

34.11%

10 years

12.39%

0

Funds holding %

of 7,363 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

25% more capital invested

Capital invested by funds: $943M [Q3] → $1.18B (+$235M) [Q4]

5.19% more ownership

Funds ownership: 44.53% [Q3] → 49.72% (+5.19%) [Q4]

10% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 21

1% less funds holding

Funds holding: 137 [Q3] → 135 (-2) [Q4]

27% less repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 51

45% less call options, than puts

Call options by funds: $11K | Put options by funds: $20K

57% less funds holding in top 10

Funds holding in top 10: 7 [Q3] → 3 (-4) [Q4]

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Research analyst outlook

We haven’t received any recent analyst ratings for FLJP.

See Analyst Rankings

Financial journalist opinion

FLJP: Downside Risks Loom Amid Yen, Tariff Worries

The Franklin FTSE Japan ETF's performance is heavily influenced by the USD/yen exchange rate. The Bank of Japan's aims to raise rates could do little for the yen, as the FOMC could offset the BO by not cutting rates again this year. The prospects of rising US tariffs could negatively impact Japanese firms and weaken the yen.

FLJP: Downside Risks Loom Amid Yen, Tariff Worries

Japan In The Spotlight; Blockchain In AI's Shadow

As the global private equity industry took tentative steps toward recovery in 2024, Japan raced ahead. The value of private equity investment in Japan jumped nearly 41% over the prior-year total in 2024, far outpacing the 25% year-over-year gain in global private equity deal value, according to S&P Global Market Intelligence data.

Japan In The Spotlight; Blockchain In AI's Shadow

Financial Giant Charts a Differentiated Course in Active ETFs

Investment manager Franklin Templeton has marked eight years as an ETF issuer in the U.S. market. Primarily known as an active manager of mutual funds, the firm also offers active, quasi-active and passively managed strategies within the ETF wrapper.

Financial Giant Charts a Differentiated Course in Active ETFs

FLJP: Tariffs A Dark Cloud Over Automotive-Dominated Index

The Franklin FTSE Japan ETF is value-weighted and heavily exposed to the automotive and industrial sectors, making it vulnerable to a stronger Yen and potential US tariffs. We are optimistic about the Yen due to robust Japanese consumption data, but caution against large-cap investments highly correlated to the Japanese index. Higher rates in Japan could benefit financials and the Yen but hurt the broader market, especially export-reliant sectors like automotive.

FLJP: Tariffs A Dark Cloud Over Automotive-Dominated Index

CNBC Television

Diversify portfolios outside of the U.S. to take advantage of strong growth, says Michael Landsberg

Michael Landsberg, Landsberg Bennett Private Wealth Management, joins 'The Exchange' to discuss investment opportunities abroad, why investors should trust there's room for growth in India and Japan, and much more.

Diversify portfolios outside of the U.S. to take advantage of strong growth, says Michael Landsberg

Japan: Hotter Than Expected Inflation, Output Rebound Should Support The BoJ's Policy Normalization

Today's data were a mixed bag, but the Bank of Japan will pay more attention to the sharp rise in Tokyo's inflation. Tokyo consumer prices rose more than expected to 2.6% YoY (vs 2.2% in July, 2.3% market consensus).

Japan: Hotter Than Expected Inflation, Output Rebound Should Support The BoJ's Policy Normalization

BoJ Hikes By 25 Bps And Starts QT: Too Little Too Late, But In Right Direction To Prop Up The Plunging Yen

The “real” policy rate is massively negative, with the new policy rate of 0.25% far below Core CPI of 2.6%. When QT reaches about ¥3 trillion per month in 2026, it would represent a reduction of its JGB holdings of about 0.5% per month.

BoJ Hikes By 25 Bps And Starts QT: Too Little Too Late, But In Right Direction To Prop Up The Plunging Yen

FLJP: A Good Japan Fund, But Be Careful Of The Yen

Japan's markets have been strong due to Yen weakness, making Franklin FTSE Japan ETF a good long-term investment option for exposure to Japan's competitive and efficient markets. The FLJP ETF mirrors the FTSE Japan RIC Capped Index, providing broad exposure to large and mid-cap Japanese equities, including major global players like Toyota and Sony. FLJP offers low-cost access to Japan's equity market, but the fund is not currency hedged, posing a risk if the Yen strengthens significantly.

FLJP: A Good Japan Fund, But Be Careful Of The Yen

Escape Velocity: Japan's Drift Toward Sustained Inflation

Japan has been struggling for some time to generate enough velocity in inflation to escape the gravitational pull of deflation. The story for the rest of 2024 and into 2025 is now centered on whether inflation will be sustained at the BOJ's 2% target.

What's The Next Step For The Bank of Japan?

In March, the Bank of Japan abolished its 8-year-old negative interest rate policy, hiking rates for the first time in 17 years by raising its benchmark rate to 0-0.1%. To combat inflation while also avoiding an excessive surge in interest payments, the BOJ is considering passive quantitative tightening.

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