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Franklin FTSE Japan ETF

FLJP · AMEX

Market closed$38.63$-0.650000 (-1.65%)After hours $38.65 · +0.05%

Key statistics

Previous close$39.28
Open$38.25
Day high$38.72
Day low$38.15
52-week high$41.53
52-week low$31.14
Market cap2.94B
Volume689.01K
Average volume1.15M
P/E ratio17.72
Forward P/E—
EPS2.18
Dividend yield0.00%

Market context

Why it moved

FLJP, a Japan-focused ETF, declined as broader Asian market sentiment weakened amid a global AI stock selloff, with Wall Street indices finishing lower and investor concerns growing over stretched valuations in technology sectors that have heavily influenced Japanese equities.

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What is happening

Recent company-specific developments and publisher coverage.

July 18, 2026Franklin FTSE Japan ETF declined as Japan's Nikkei 225 crashed over 5% on July 17, dragged down by a global rout in semiconductor and chip stocks compounded by escalating U.S.-Iran military tensions that disrupted Strait of Hormuz tanker traffic. Key FLJP holdings including Mitsubishi UFJ Financial Group (MUFG, ~3.9% holding) fell 3% amid Bank of Japan policy uncertainty and declining U.S. Treasury yields pressuring net interest margins, while broader risk-off sentiment tied to AI valuation concerns and rising oil prices weighed heavily on Japanese equities.

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July 17, 2026Franklin FTSE Japan ETF declined on Thursday as a broad selloff in AI and semiconductor stocks weighed heavily on Japanese equities, particularly top holdings like Tokyo Electron (8035.T) and SoftBank Group (9984.T). South Korea's Kospi tumbled 6.4% amid declines in Samsung and SK Hynix, dragging regional sentiment lower, while the Nikkei's semiconductor-driven rally from earlier in the week reversed course. Geopolitical risks tied to the ongoing U.S.-Iran conflict and rising crude oil prices added further pressure on risk assets across Asia.

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July 16, 2026Franklin FTSE Japan ETF edged slightly lower, closing down modestly as Japan-specific dynamics weighed on sentiment alongside mixed global cues. The Nikkei 225 extended its rally near 68,000, driven by semiconductor buybacks among top FLJP holdings like Tokyo Electron (8035.T) and Advantest (6857.T), yet Japanese government bond yields remain at multi-decade highs — with the 10-year JGB near 2.78% — as the Bank of Japan's policy normalization and capital repatriation by domestic investors continue to reshape the macro backdrop for Japanese equities.

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July 15, 2026Franklin FTSE Japan ETF gained 1.26%, outperforming the broader S&P 500 on a day when softer-than-expected U.S. June CPI data (headline falling to 3.5% YoY) lifted risk appetite globally, while Japan's bond market attracted renewed attention amid policy normalization. Key ETF holdings including major Japanese financials like Mitsubishi UFJ (8306.T) and Sumitomo Mitsui (8316.T) likely benefited from the rate normalization narrative, even as the Nikkei 225 faced some pressure from global geopolitical uncertainty around U.S.-Iran tensions and elevated oil prices.

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July 14, 2026The Franklin FTSE Japan ETF fell nearly 2% as a broad risk-off wave swept global markets following renewed U.S.-Iran military exchanges over the weekend, which sent oil prices surging over 5% and rattled equity sentiment worldwide. Japanese equities came under additional pressure from a sharp selloff in Asian semiconductor stocks — SK Hynix plunged ~14% in Seoul, dragging down the KOSPI more than 5% — weighing on key FLJP holdings like Tokyo Electron and SoftBank, while investors braced for a packed week of U.S. Q2 earnings, inflation data, and TSMC results.

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July 11, 2026Franklin FTSE Japan ETF gained over 1%, supported by a strong session in Tokyo where the Nikkei 225 rose 1.9% to 69,030, lifted by surging semiconductor and technology names including SoftBank (+10.5%) and Tokyo Electron (+4%). Tailwinds came from a dovish signal on the yen — Japan's Finance Minister urged the country's $1.81 trillion pension fund to shift investments into domestic yen-denominated assets, which strengthened the yen against the dollar. Adding a note of caution, SocGen strategist Albert Edwards renewed warnings of an impending Japan bond crisis, even as near-term market momentum favored Japanese equities.

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July 10, 2026Franklin FTSE Japan ETF edged higher, buoyed by resilience in Japanese equities even as global markets navigated fresh geopolitical turbulence. A SocGen strategist flagged an impending Japan bond crisis as a key risk, with rising Japanese 10-year yields reflecting broader pressure from surging oil prices tied to the collapse of the U.S.-Iran ceasefire. Despite these headwinds, the ETF's top holdings — including major Japanese financials and industrials like Mitsubishi UFJ, Toyota, and Tokyo Electron — held relatively firm as Asian stocks proved more stable than Western peers amid the renewed Middle East escalation.

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July 9, 2026Franklin FTSE Japan ETF closed modestly lower as Tokyo stocks also fell Wednesday, hit by the same geopolitical shockwave rattling global markets. Trump's declaration that the U.S.-Iran ceasefire was "over" sent crude oil surging more than 5%, reigniting inflation fears and triggering a broad risk-off selloff. Japan's export-heavy equity market — with top FLJP holdings including Toyota, Tokyo Electron, and SoftBank — is particularly sensitive to energy cost pressures and global trade disruptions, compounding headwinds from rising U.S. Treasury yields and yen weakness near intervention levels.

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Seeking Alpha · April 6, 2026FLJP: I'm Using The Sell-Off To Go Long Japanese Equities (NYSEARCA:FLJP)Pluang · April 5, 2026Franklin FTSE Japan ETF offers low-cost exposure amid Japan's solid growth despite recent market dips.Funds Society · September 10, 2025Franklin Templeton Expands Its Range of ETFs with a New Japanese Equity FundETF Trends · April 24, 2023Under the Hood of $1 Billion Japan ETF FLJP

Peers

S&P 500SPX · $7,457.69-1.01%Xtrackers Harvest CSI 300 China A-Shares ETFASHR · $33.70-2.46%State Street SPDR MSCI ACWI ex-US ETFCWI · $39.52-0.95%Fidelity Enhanced Large Cap Value ETFFELV · $41.15-0.34%Fidelity Enhanced Small Cap ETFFESM · $47.09-0.95%Franklin FTSE India ETFFLIN · $35.14+0.44%Fidelity MSCI Financials Index ETFFNCL · $80.32-0.90%State Street SPDR S&P 400 Mid Cap Growth ETFMDYG · $107.34-0.54%State Street SPDR S&P 400 Mid Cap Value ETFMDYV · $95.21-0.70%Invesco RAFI Developed Markets ex-U.S. ETFPXF · $75.38-0.19%iShares U.S. Small-Cap Equity Factor ETFSMLF · $86.48-0.57%