Franklin FTSE Japan ETF (FLJP)
| Assets | $2.32B |
| Expense Ratio | 0.09% |
| PE Ratio | 16.58 |
| Shares Out | 68.40M |
| Dividend (ttm) | $0.53 |
| Dividend Yield | 1.56% |
| Ex-Dividend Date | Jun 20, 2025 |
| Payout Frequency | Semi-Annual |
| Payout Ratio | 26.38% |
| Volume | 371,964 |
| Open | 34.37 |
| Previous Close | 33.93 |
| Day's Range | 34.09 - 34.47 |
| 52-Week Low | 25.77 |
| 52-Week High | 34.56 |
| Beta | 0.63 |
| Holdings | 488 |
| Inception Date | Nov 2, 2017 |
About FLJP
Fund Home PageThe Franklin FTSE Japan ETF (FLJP) is an exchange-traded fund that is based on the FTSE Japan RIC Capped index. The fund tracks a market-cap-selected and -weighted index of Japanese equities. FLJP was launched on Nov 2, 2017 and is issued by Franklin Templeton.
Top 10 Holdings
23.28% of assets| Name | Symbol | Weight |
|---|---|---|
| Toyota Motor Corporation | 7203 | 4.03% |
| Mitsubishi UFJ Financial Group, Inc. | 8306 | 3.34% |
| Sony Group Corporation | 6758 | 3.19% |
| Hitachi, Ltd. | 6501 | 2.31% |
| Sumitomo Mitsui Financial Group, Inc. | 8316 | 1.99% |
| SoftBank Group Corp. | 9984 | 1.99% |
| Nintendo Co., Ltd. | 7974 | 1.73% |
| Mitsubishi Heavy Industries, Ltd. | 7011 | 1.58% |
| Tokio Marine Holdings, Inc. | 8766 | 1.57% |
| Mizuho Financial Group, Inc. | 8411 | 1.56% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 20, 2025 | $0.25418 | Jun 27, 2025 |
| Dec 20, 2024 | $0.27733 | Dec 30, 2024 |
| Jun 21, 2024 | $1.02647 | Jun 28, 2024 |
| Dec 15, 2023 | $0.47782 | Dec 26, 2023 |
| Jun 16, 2023 | $0.36095 | Jun 27, 2023 |
| Dec 16, 2022 | $0.20535 | Dec 22, 2022 |
Performance
FLJP had a total return of 16.85% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.06%.
News
Trump slashes tariffs on Japanese cars after striking trade deal with Tokyo
“This is a massive agreement — a great deal for everybody,” Trump boasted when the pact was first announced.
US tariffs still spell big pain for Japan's small automakers
President Donald Trump gave Japanese automakers some relief by cutting his high U.S. tariffs on their vehicles, but the reduced levies still mean big pain for Japan's smaller car companies, which will...
Trump finalizes Japan trade deal with 15% tariffs as Ishiba faces discontent from within party
Tokyo agreed to invest $550 billion in projects selected by the U.S. government, and ramping up purchases of American agricultural products. Washington will apply a baseline 15% tariff on nearly all J...
Trump signs executive order implementing baseline 15% tariff on nearly all Japanese imports
CNBC's Megan Cassella reports on an executive order President Trump signed on Thursday that implements a baseline 15% tariff on nearly all imports from Japan.
Pres. Trump signs executive order implementing baseline 15% tariff on nearly all Japanese imports
CNBC's Megan Cassella with the latest on tariffs out of Washington.
Japan abruptly postpones trade talks with Trump administration. Here's why
Japan's top trade negotiator abruptly canceled a trip to Washington aimed at issuing a joint statement on a tariffs deal with the Trump administration, as a top government spokesman urged the U.S. sid...
FLJP: Japanese Stocks Get A Boost From Tariff Relief, But Headwinds Still Loom
The U.S.-Japan trade deal capped tariffs at 15%, including auto tariffs, sparking a relief rally in Japanese equities, especially autos and industrials. Franklin FTSE Japan ETF is well positioned for ...
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 no...
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 20...
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...
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, ...
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% ma...
Third Quarter Economy Signals Sought From Flash PMI Data After Japan GDP Shows Rebound
Japan's economy enjoyed a strong second quarter, according to official data, which corroborates recent robust survey data. Gross domestic product rose 0.8% in the three months to June, according to in...
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 J...
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 ...
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 ...
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 ...
Mixed Japanese Data Supports BoJ's Policy Normalization
We'd rather downplay the weaker-than-expected manufacturing data and focus on a solid recovery in retail sales and a reacceleration in inflation, which will be welcomed by the Bank of Japan. Inflation...
FLJP: On Second Thought, The Yen Probably Stays Weak
The Franklin FTSE Japan ETF is mostly value-weighted and has an overweight position in consumer discretionary and IT sectors. The Yen is weak, which is generally good for the FLJP, but it could derail...
Japan's Stock Rally Has Room to Run, This Expert Says. What He's Buying Now.
Masa Takeda, manager of the Hennessy Japan fund, likes insurance and semiconductor shares, and 7-Eleven parent Seven & I.
Cooler Inflation Ahead Of The Bank of Japan Meeting
Inflation slowed down in March but underlying inflationary pressures are still alive. The BoJ's pause at its next week's meeting is widely expected but markets will pay more attention to the BoJ's qua...
Can Japan's Stock Market Continue Its Record-Setting Run?
Japan's equity benchmark, the Nikkei 225 Index, has been on a tear in 2024, eclipsing its previous high set back in 1989. As of early April, the index is hovering near 40,000. Solid economic growth, a...