Franklin FTSE Competition
| FLJP Etf | USD 37.37 0.39 1.05% |
Franklin FTSE vs SPDR MSCI Correlation
Almost no diversification
The correlation between Franklin FTSE Japan and CWI is 0.97 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Franklin FTSE Japan and CWI in the same portfolio, assuming nothing else is changed.
Moving together with Franklin Etf
| 1.0 | EWJ | iShares MSCI Japan | PairCorr |
| 1.0 | BBJP | JPMorgan BetaBuilders Low Volatility | PairCorr |
| 0.94 | DXJ | WisdomTree Japan Hedged | PairCorr |
| 0.93 | HEWJ | iShares Currency Hedged | PairCorr |
Moving against Franklin Etf
Franklin FTSE Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Franklin FTSE and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of Franklin and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Franklin FTSE Japan does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Franklin FTSE Constituents Risk-Adjusted Indicators
There is a big difference between Franklin Etf performing well and Franklin FTSE ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Franklin FTSE's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FLIN | 0.61 | (0.05) | 0.00 | (0.12) | 0.00 | 1.06 | 3.99 | |||
| MDYV | 0.72 | 0.11 | 0.14 | 0.16 | 0.61 | 2.03 | 4.29 | |||
| ASHR | 0.67 | 0.01 | (0.03) | 0.09 | 0.82 | 1.22 | 2.96 | |||
| SMLF | 0.80 | 0.02 | 0.03 | 0.07 | 0.95 | 1.85 | 4.06 | |||
| FNCL | 0.68 | 0.00 | 0.01 | 0.06 | 0.79 | 1.36 | 4.36 | |||
| FELV | 0.52 | 0.08 | 0.10 | 0.15 | 0.46 | 1.23 | 2.84 | |||
| MDYG | 0.78 | 0.03 | 0.03 | 0.08 | 0.84 | 1.70 | 3.81 | |||
| PXF | 0.59 | 0.18 | 0.23 | 0.32 | 0.46 | 1.31 | 2.82 | |||
| FESM | 0.86 | 0.04 | 0.04 | 0.09 | 0.99 | 1.90 | 4.56 | |||
| CWI | 0.57 | 0.08 | 0.08 | 0.17 | 0.62 | 1.33 | 3.18 |
Franklin FTSE Competitive Analysis
The better you understand Franklin FTSE competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Franklin FTSE's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Franklin FTSE's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Franklin FTSE Competition Performance Charts
Five steps to successful analysis of Franklin FTSE Competition
Franklin FTSE's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Franklin FTSE Japan in relation to its competition. Franklin FTSE's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Franklin FTSE in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Franklin FTSE's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Franklin FTSE Japan, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your Franklin FTSE position
In addition to having Franklin FTSE in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Hedge Favorites Thematic Idea Now
Hedge Favorites
Hedge Funds pool capital from accredited individuals or institutional investors and invest in a variety of assets, often with complex portfolio-construction and risk-management techniques. The Hedge Favorites theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Hedge Favorites Theme or any other thematic opportunities.
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Check out Franklin FTSE Correlation with its peers. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Understanding Franklin FTSE Japan requires distinguishing between market price and book value, where the latter reflects Franklin's accounting equity. The concept of intrinsic value - what Franklin FTSE's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Market sentiment, economic cycles, and investor behavior can push Franklin FTSE's price substantially above or below its fundamental value.
Please note, there is a significant difference between Franklin FTSE's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin FTSE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Franklin FTSE's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.