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RAYJvsFLJHETF Comparison

ETF 1

RAYJ

Rayliant SMDAM Japan Equity ETF

This fund is part of

Japan Blended Cap

-0.08%

Full RAYJ fund page

VS

ETF 2

FLJH

Franklin FTSE Japan Hedged ETF

This fund is part of

Japan Blended Cap

-0.08%

Full FLJH fund page

Rayliant SMDAM Japan Equity ETF (RAYJ) and Franklin FTSE Japan Hedged ETF (FLJH) belong to the same industry segment: Japan Blended Cap. RAYJ's top 3 sector exposures are Consumer Discretionary, Industrials and Information Technology. In contrast, FLJH's top sector exposures are Industrials, Consumer Discretionary and Financials. RAYJ is more expensive with a Total Expense Ratio (TER) of 1.67%, versus 0.09% for FLJH. RAYJ is up 18.13% year-to-date (YTD) with +$6M in YTD flows. FLJH performs worse with 12.12% YTD performance, and +$20M in YTD flows. Run a side-by-side ETF comparison of RAYJ and FLJH below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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RAYJ vs FLJH performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 05/01/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	RAYJ FLJH	+9.14%+3.26%	+12.03%+4.20%	+18.13%+12.12%	+41.20%+47.44%	n/a+118.98%	n/a+158.32%
Flows	RAYJ FLJH	+$1K-	+$1K+$13M	+$6M+$20M	+$6M+$25M	-+$87M	-+$81M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	RAYJ FLJH	+32.90%+26.52%	+21.97%+18.47%	n/a+20.89%	n/a+19.14%
Max drawdown	RAYJ FLJH	-15.52%-11.13%	-15.52%-11.13%	n/a-25.01%	n/a-25.01%
Max drawdown duration	RAYJ FLJH	61d64d	61d64d	n/a321d	n/a321d

Trading data

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	RAYJ	FLJH
Last sale 5/5/2026 at 1:30 PM	$38.80	$42.37
Previous close 05/04/2026	$38.29	$41.74
Consolidated volume 05/04/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of April 30, 2026

1-year trailing difference

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RAYJ

is actively managed and doesn’t replicate an index

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	RAYJ	FLJH
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 5/5/2026 at 1:30 PM

Live

Closed

	RAYJ	FLJH
Last price	$38.80	$42.37
1D performance	+1.35%	+1.52%
AuM	$24.99 M	$142.77 M
E/R	1.67%	0.09%

Characteristics

	RAYJ	FLJH
Management strategy	Active	Passive
Provider	Rayliant Asset Management	Franklin Templeton
Benchmark	-	FTSE Japan RIC Capped Index
N° of holdings	31	466
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	April 4, 2024	November 2, 2017
ESG	No	No

More RAYJ data on Trackinsight

More FLJH data on Trackinsight

Exposure

Countries

RAYJ

Japan

99.59%

Other

0.41%

FLJH

Japan

100%

Other

0%

Sectors

RAYJ

Consumer Discreti.

30.77%

Industrials

30.77%

Information Techn.

10.83%

Financials

7.52%

Other

20.11%

FLJH

Industrials

26.26%

Consumer Discreti.

16.01%

Financials

15.68%

Information Techn.

12.76%

Other

29.29%

Diversification

RAYJ

Total weight of top 15 holdings out of 15

63.44%

FLJH

Total weight of top 15 holdings out of 15

31.27%

Top 15 holdings

Data as of March 31, 2026

RAYJ

MITSUBISHI UFJ FINANCIAL GROUP

5.95%

FUJIKURA

5.55%

FOOD & LIFE COMPANIES LTD.

4.85%

TOYOTA

4.82%

SHOWA DENKO

4.76%

TOYOTA TSUSHO

4.25%

ASICS

4.04%

FAST RETAILING

3.90%

RYOHIN KEIKAKU

3.83%

KAWASAKI HVY IND

3.80%

HITACHI

3.78%

DAIFUKU

3.60%

KINDEN

3.55%

MITSUI FUDOSAN

3.40%

CHUGAI PHARMACEUTICAL

3.36%

FLJH

TOYOTA

4.06%

MITSUBISHI UFJ FINANCIAL GROUP

3.35%

HITACHI

2.33%

SONY GROUP CORPORATION

2.19%

SUMITOMO MITSUI

2.16%

MITSUBISHI

2.09%

TOKYO ELECTRON

2.02%

ADVANTEST

1.87%

MITSUI

1.82%

MIZUHO FINANCIAL

1.74%

SOFTBANK GROUP CORP

1.69%

MITSUBISHI HVY

1.62%

TOKIO MARINE HOLDINGS

1.56%

ITOCHU

1.47%

SHIN-ETSU CHEM

1.31%

Frequently asked questions about RAYJ and FLJH

How have the RAYJ and FLJH ETFs performed in 2026?

As of May 1, 2026, RAYJ is up 18.13% year-to-date (YTD), while FLJH has returned 12.12%. That puts RAYJ better performer ahead so far this year.

Which ETF is attracting more investor money: RAYJ or FLJH?

Year-to-date, the RAYJ ETF saw +$6M in flows, compared to +$20M for FLJH.

Which ETF is more volatile: RAYJ or FLJH?

Over the past year, RAYJ had a volatility of 21.97%, while FLJH experienced 18.47%.

Which ETF is bigger: RAYJ or FLJH?

As of May 1, 2026, RAYJ holds $24.99 M in assets under management (AUM), while FLJH manages $142.77 M.

What sectors do the RAYJ and FLJH ETFs invest in?

RAYJ leans toward sectors like Consumer Discretionary, Industrials and Information Technology. Meanwhile, FLJH focuses on Industrials, Consumer Discretionary and Financials.

What are the top holdings of the RAYJ ETF and FLJH ETF?

RAYJ top holdings include MITSUBISHI UFJ FINANCIAL GROUP, FUJIKURA and FOOD & LIFE COMPANIES LTD.. FLJH holds in its top three: TOYOTA, MITSUBISHI UFJ FINANCIAL GROUP and HITACHI.

RAYJvsFLJHETF Comparison

Rayliant SMDAM Japan Equity ETF

Franklin FTSE Japan Hedged ETF

RAYJ vs FLJH performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the RAYJ and FLJH ETFs performed in 2026?

As of May 1, 2026, RAYJ is up 18.13% year-to-date (YTD), while FLJH has returned 12.12%. That puts RAYJ better performer ahead so far this year.

Which ETF is attracting more investor money: RAYJ or FLJH?

Year-to-date, the RAYJ ETF saw +$6M in flows, compared to +$20M for FLJH.

Which ETF is more volatile: RAYJ or FLJH?

Over the past year, RAYJ had a volatility of 21.97%, while FLJH experienced 18.47%.

Which ETF is bigger: RAYJ or FLJH?

As of May 1, 2026, RAYJ holds $24.99 M in assets under management (AUM), while FLJH manages $142.77 M.

What sectors do the RAYJ and FLJH ETFs invest in?

RAYJ leans toward sectors like Consumer Discretionary, Industrials and Information Technology. Meanwhile, FLJH focuses on Industrials, Consumer Discretionary and Financials.

What are the top holdings of the RAYJ ETF and FLJH ETF?

RAYJ top holdings include MITSUBISHI UFJ FINANCIAL GROUP, FUJIKURA and FOOD & LIFE COMPANIES LTD.. FLJH holds in its top three: TOYOTA, MITSUBISHI UFJ FINANCIAL GROUP and HITACHI.

Which ETF is more diversified: RAYJ or FLJH?

RAYJ holds 31 securities with 63.44% of its assets in the top 15. FLJH has 476 securities and a top 15 weight of 31.27%.

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