FLJP vs IVV
Franklin FTSE Japan ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. FLJP delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | FLJP | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.09% | 0.03% | |
| AUM | $3.9B | $865.2B | |
| Dividend Yield | 4.27% | 1.09% | |
| Holdings | 482 | 508 | |
| YTD Return | +18.29% | +13.80% | |
| 1Y Return | +28.05% | +23.01% | |
| 3Y Return (annualized) | +19.64% | +21.77% | |
| 5Y Return (annualized) | +10.04% | +13.39% | |
| Volatility (annualized) | 14.4% | 15.1% | |
| Max Drawdown | -33.6% | -56.5% | |
| Fund Family | Franklin Templeton Investments (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Nov 2, 2017 | May 15, 2000 |
FLJP vs IVV Performance
Franklin FTSE Japan ETF (FLJP) is a ETF from Franklin Templeton Investments (US) and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year FLJP returned +28.05% while IVV returned +23.01%. Year to date, FLJP is up 18.29% versus a gain of 13.80% for IVV.
Over three years, FLJP compounded at +19.64% per year against +21.77% for IVV; over five years the annualized figures are +10.04% and +13.39% respectively. Across the full 9-year window we track, FLJP has the edge at +7.44% annualized vs +7.04%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 14.4% for FLJP. 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 -33.6% for FLJP and -56.5% for IVV. 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 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FLJP charges 0.09% per year while IVV charges 0.03%. On a $10,000 position that is $9 vs $3 annually, a gap of $6 per year that compounds over a long holding period. On income, FLJP currently yields 4.27% against 1.09% for IVV.
Holdings Overlap
FLJP and IVV share 0 holdings out of 972 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, FLJP or IVV?
FLJP has an expense ratio of 0.09% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $6 per year of difference.
Which performed better, FLJP or IVV?
Over the past year FLJP returned +28.05% vs +23.01% for IVV, so FLJP leads on 1-year performance. Over the longest common window we track (9 years), FLJP annualized +7.44% vs +7.04% for IVV. Past performance does not guarantee future results.
Which is riskier, FLJP or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 14.4% for FLJP. Worst drawdown: FLJP -33.6% vs IVV -56.5%.
Should I hold both FLJP and IVV?
FLJP and IVV have a monthly-return correlation of 0.75, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FLJP and IVV?
FLJP and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 972 unique securities.
Which pays a higher dividend, FLJP or IVV?
FLJP yields 4.27% while IVV yields 1.09%, so FLJP currently pays the higher dividend yield.
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