FLJH vs SPY
Franklin FTSE Japan Hedged ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
FLJH has a lower expense ratio. FLJH delivered stronger 1-year returns. SPY offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | FLJH | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.09% | 0.09% | |
| AUM | $206M | $821.1B | |
| Dividend Yield | 2.52% | 1.01% | |
| Holdings | 500 | 505 | |
| YTD Return | +20.13% | +12.22% | |
| 1Y Return | +31.35% | +20.83% | |
| 3Y Return (annualized) | +26.35% | +21.70% | |
| 5Y Return (annualized) | +21.24% | +12.98% | |
| Volatility (annualized) | 15.0% | 15.3% | |
| Max Drawdown | -35.2% | -56.5% | |
| Fund Family | Franklin Templeton Investments (US) | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Nov 2, 2017 | Jan 22, 1993 |
FLJH vs SPY Performance
Franklin FTSE Japan Hedged ETF (FLJH) is a ETF from Franklin Templeton Investments (US) and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year FLJH returned +31.35% while SPY returned +20.83%. Year to date, FLJH is up 20.13% versus a gain of 12.22% for SPY.
Over three years, FLJH compounded at +26.35% per year against +21.70% for SPY; over five years the annualized figures are +21.24% and +12.98% respectively. Across the full 9-year window we track, FLJH has the edge at +13.43% annualized vs +8.79%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 15.0% for FLJH. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -35.2% for FLJH and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.67. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FLJH charges 0.09% per year while SPY charges 0.09%. On a $10,000 position that is $9 vs $9 annually, a gap of $0 per year that compounds over a long holding period. On income, FLJH currently yields 2.52% against 1.01% for SPY.
Holdings Overlap
FLJH and SPY share 0 holdings out of 979 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, FLJH or SPY?
FLJH has an expense ratio of 0.09% while SPY charges 0.09%. FLJH is the cheaper option. On a $10,000 investment, that is $0 per year of difference.
Which performed better, FLJH or SPY?
Over the past year FLJH returned +31.35% vs +20.83% for SPY, so FLJH leads on 1-year performance. Over the longest common window we track (9 years), FLJH annualized +13.43% vs +8.79% for SPY. Past performance does not guarantee future results.
Which is riskier, FLJH or SPY?
SPY has been the more volatile fund at 15.3% annualized versus 15.0% for FLJH. Worst drawdown: FLJH -35.2% vs SPY -56.5%.
Should I hold both FLJH and SPY?
FLJH and SPY have a monthly-return correlation of 0.67, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FLJH and SPY?
FLJH and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 979 unique securities.
Which pays a higher dividend, FLJH or SPY?
FLJH yields 2.52% while SPY yields 1.01%, so FLJH currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.