Franklin FTSE Japan Hedged ETF (FLJH) Performance
FLJH total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +19.5% since Dec 31, 2025
- 1 year
- +20.7% total return
- 5 years
- +19.6% a year
- Since first price
- +13.7% a year since 2017
FLJH trailing returns vs SPY, QQQ, AGG
| Period | FLJH total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −3.3% | −3.3% | −1.0% | −5.0% | +0.9% |
| 3 months | −0.1% | −0.1% | +3.2% | +1.9% | −0.4% |
| 6 months | +7.8% | +7.1% | +7.8% | +8.4% | −1.5% |
| YTD | +19.5% | +18.7% | +12.3% | +15.1% | −1.0% |
| 1 year | +20.7% | +17.4% | +14.4% | +15.9% | −1.1% |
| 3 years | +98.1%+25.6%/yr | +46.6% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +144.6%+19.6%/yr | +40.5% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionNov 6, 2017 | +216.6%+13.7%/yr | +72.1% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: FLJH vs SPY
From Nov 6, 2017: FLJH grew to $31,657, SPY to $33,697.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
FLJH returns by calendar year
6 of 8 full years positive. Best 2023 (+36.0%), worst 2018 (−14.7%). 2026 is year to date.
FLJH annual returns table
| Year | FLJH | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +19.5% | −10.8% | +12.3% | +15.1% | −1.0% |
| 2025 | +25.3% | −15.7% | +17.7% | +20.8% | +7.2% |
| 2024 | +23.4% | −20.4% | +24.9% | +25.6% | +1.3% |
| 2023 | +36.0% | −7.8% | +26.2% | +54.9% | +5.7% |
| 2022 | −2.7% | −14.4% | −18.2% | −32.6% | −13.0% |
| 2021 | +12.7% | −8.7% | +28.7% | +27.4% | −1.8% |
| 2020 | +10.6% | −31.4% | +18.3% | +48.6% | +7.5% |
| 2019 | +20.3% | −9.9% | +31.2% | +39.0% | +8.5% |
| 2018 | −14.7% | −21.9% | −4.6% | −0.1% | +0.1% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
FLJH largest drawdowns
Now 5.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jan 23, 2018 | −31.6% | Mar 16, 2020 | Nov 9, 2020 | 2.1 years | 2.8 years |
| Jul 10, 2024 | −20.4% | Aug 5, 2024 | Jun 27, 2025 | 26 days | 12 months |
| Sep 16, 2021 | −16.0% | Mar 8, 2022 | Nov 22, 2022 | 6 months | 1.2 years |
| Feb 25, 2026 | −10.8% | Mar 20, 2026 | May 8, 2026 | 23 days | 2 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
FLJH risk statistics
| Statistic | 3 years | 5 years | Since 2017 |
|---|---|---|---|
| Annualized return | +25.5% | +20.1% | +14.3% |
| Volatility (annualized) | 12.2% | 12.6% | 14.5% |
| Sharpe ratio | 1.57 | 1.25 | 0.83 |
| Sortino ratio | 3.34 | 2.40 | 1.32 |
| Best month | +9.1% | +9.3% | +10.3% |
| Worst month | −7.0% | −7.0% | −10.9% |
| Best 12 months | +47.1% | +48.8% | +48.8% |
| Worst 12 months | +1.0% | −5.4% | −14.7% |
| Positive months | 67% | 67% | 66% |
| Beta vs S&P 500 | 0.48 | 0.51 | — |
| Correlation with S&P 500 | 0.48 | 0.64 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
FLJH rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 96 | −14.7% | +13.8% | +48.8% | 80% |
| 3-year (a year) | 72 | +3.3% | +17.3% | +31.1% | 100% |
| 5-year (a year) | 48 | +4.5% | +17.4% | +21.7% | 100% |
Every holding period starting at a month-end since 2017. Returns for 3 years and longer are annualized.
FLJH performance overview
Franklin FTSE Japan Hedged ETF (FLJH) returned +20.7% over the past year and +19.6% a year over five years, with distributions reinvested. Since its first recorded price in 2017 it has returned +13.7% a year, turning $10,000 into about $31,657. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −31.6%, from Jan 23, 2018 to Mar 16, 2020, and it took 8 months to get back to the old high. FLJH finished 6 of its 8 full calendar years with a gain; the best year was 2023 (+36.0%) and the worst 2018 (−14.7%). Volatility has been 14.5% a year.
Related: FLJH chart, FLJH holdings, FLJH dividends. See the FLJH overview for the latest quote and fund facts.
FLJH performance FAQ
What is the FLJH return over the past year?
FLJH returned +20.7% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 17.4%.
What is the average annual return of FLJH?
FLJH has returned +19.6% a year over 5 years, +13.7% a year since November 6, 2017 (total return, distributions reinvested).
How much would $10,000 invested in FLJH be worth?
$10,000 invested in FLJH at its first recorded close on November 6, 2017 would be worth about $31,657 on October 23, 2026 with distributions reinvested.
What was the worst year for FLJH?
The worst calendar year was 2018, with a total return of −14.7%. The best was 2023 at +36.0%.
What is the biggest drawdown of FLJH?
The largest peak-to-trough decline was −31.6% between January 23, 2018 and March 16, 2020. It recovered to the old high on November 9, 2020, 8 months after the bottom.
How volatile is FLJH?
Over the past 3 years FLJH had an annualized volatility of 12.2% and a Sharpe ratio of 1.57 (excess return over 1–3 month T-bills per unit of risk).