Franklin FTSE Japan ETF (FLJP) is a Japan-focused ETF. As of October 28, 2026, ETF Copilot scores FLJP 3.8 out of 10 — highest on Return (5.7), lowest on Value (1.4). It trades at 15.8 times earnings, against its own median of 14.7. Its ten largest holdings are 25% of the fund.
What stands out in FLJP's data
Large- and mid-sized Japanese firms, covering the country's broad market.
Earns less on its capital than most Japan funds — a drag that compounds over time.
Return on equity of 12.6% trails the 12.9% category median. Its 0.09% expense ratio sits well below the 0.5% category norm.
A broad Japan allocation for a portfolio that already holds developed-market exposure.
Why did FLJP move this week? It fell 0.7% in the week to October 28, 2026 — Hitachi and Mitsubishi Heavy Industries drove it
FLJP fell 0.7% in the week to October 28, 2026. The holdings that moved it most were Hitachi (−3.6%), Mitsubishi Heavy Industries (−4.4%) and Mitsubishi UFJ Financial GRO (−1.4%); Advantest (+1.6%) pushed the other way.
How is FLJP rated? ETF Copilot scores Franklin FTSE Japan ETF (FLJP) 3.8 out of 10
As of October 28, 2026, ETF Copilot scores Franklin FTSE Japan ETF (FLJP) 3.8 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 3.8 / 10
- Growth: 4.1 / 10
- Value: 1.4 / 10
- Risk: 4.6 / 10
- Quality: 1.8 / 10
- Return: 5.7 / 10
Is FLJP expensive right now? It trades at 15.8 times earnings, against its own median of 14.7
As of October 28, 2026, FLJP is more expensive than 73% of its own last 9 years.
Trailing 12 months, built from FLJP's holdings. How we calculate this →
What's inside FLJP? 21% Tech
What's inside FLJP: Size (Large 61%, Mid 31%, Small 8%); Geography (International 100%, US 0%); Tech 21.2%; AI 0.7%; Semiconductors 6.8%; Memory 4.9%.
What are FLJP's top holdings? The ten largest are 25% of the fund
Mitsubishi UFJ Financial, Toyota Motor, Recruit, Hitachi, Advantest, Sony, Sumitomo Mitsui Financial, Tokyo Electron, Mizuho Financial and Softbank are FLJP's largest holdings, in that order.
Less concentrated than 68% of Japan ETFs.
Half of FLJP's weight sits in its 34 largest positions, and once those weights are taken into account it behaves like 92 equally weighted holdings.
What is FLJP's expense ratio? 0.09% a year
As of October 28, 2026, FLJP charges 0.09% a year, yields 4.16% and holds $4.2B in assets across 443 positions.
| Measure | FLJP |
|---|---|
| Expense ratio | 0.09% |
| Dividend yield | 4.16% |
| Assets under management | $4.2B |
| Holdings | 443 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “Franklin FTSE Japan ETF (FLJP) scores and holdings analysis”, as of October 28, 2026.
https://etf-copilot.com/etf/fljp
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