FLJP vs VOO
Franklin FTSE Japan ETF vs Vanguard S&P 500 ETF
Which is better, FLJP or VOO?
Each has led over a different period.
VOO has a lower expense ratio. FLJP led over 1Y, VOO over 3Y, 5Y and the full window. FLJP is less concentrated, with 25.3% of the fund in its ten largest positions against 37.6%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | FLJP | VOO |
|---|---|---|
| Expense Ratio | 0.09% | 0.03%Best |
| AUM | $4.2B | $997.4B |
| Dividend Yield | 4.11% | 1.04% |
| Holdings | 481 | 509 |
| YTD Return | +20.32%Best | +14.14% |
| 1Y Return | +24.49%Best | +17.31% |
| 3Y Return (annualized) | +20.00% | +23.16%Best |
| 5Y Return (annualized) | +8.83% | +13.85%Best |
| Volatility (annualized) | 14.3%Best | 16.3% |
| Max Drawdown | -33.6%Best | -34.3% |
| $10,000 over 5 years | $15,267 | $19,128Best |
| Top 10 Weight | 25.3%Best | 37.6% |
| Fund Family | Franklin Templeton Investments (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 2, 2017 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Nov 6, 2017 to Sep 21, 2026 (8.9 years).
FLJP vs VOO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 8.9 years both funds cover.
FLJP vs VOO Performance
Franklin FTSE Japan ETF (FLJP) is an ETF from Franklin Templeton Investments (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year FLJP returned +24.49% while VOO returned +17.31%. Year to date, FLJP is up 20.32% versus a gain of 14.14% for VOO.
Over three years, FLJP compounded at +20.00% per year against +23.16% for VOO; over five years the annualized figures are +8.83% and +13.85% respectively. Across the full 9-year window we track, VOO has the edge at +14.17% annualized vs +7.54%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 16.3% compared with 14.3% 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 -34.3% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
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 VOO 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 4.11% against 1.04% for VOO.
Holdings Overlap
We hold position weights for 464 holdings in FLJP and 494 in VOO, totalling 99.1% and 99.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 464 positions we hold weights for in FLJP and 494 in VOO, against full books of 481 and 509.
What only one of them owns
Our book lists 487 positions for VOO that do not appear in our book for FLJP (99.2% of the fund), and 1 for FLJP that do not appear in VOO (0.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of FLJP and VOO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FLJP or VOO?
FLJP has an expense ratio of 0.09% while VOO charges 0.03%. VOO is the cheaper option, by $6 a year on a $10,000 investment.
Which performed better, FLJP or VOO?
Over the past year FLJP returned +24.49% vs +17.31% for VOO, so FLJP leads on 1-year performance. Over the longest common window we track (9 years), FLJP annualized +7.54% vs +14.17% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FLJP or VOO?
VOO has been the more volatile fund at 16.3% annualized versus 14.3% for FLJP. Worst drawdown: FLJP -33.6% vs VOO -34.3%.
Should I hold both FLJP and VOO?
FLJP and VOO have a monthly-return correlation of 0.75, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, FLJP or VOO?
FLJP yields 4.11% while VOO yields 1.04%, so FLJP currently pays the higher dividend yield.
Is VOO better than FLJP?
VOO has a lower expense ratio. FLJP led over 1Y, VOO over 3Y, 5Y and the full window. FLJP is less concentrated, with 25.3% of the fund in its ten largest positions against 37.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.