BBJP vs FLJP: Grades, Fees and Holdings Compared

JPMorgan BetaBuilders Japan ETF

BBJPACboe

Franklin FTSE Japan ETF

FLJPANYSE Arca

Overlap

84.5%by weight

Expense ratio

FLJP −0.10pt a year

BBJP0.19%FLJP0.09%

Avg volume · 30D

BBJP 1.4×the volume

BBJP1.32MFLJP976K

5Y return · a year

FLJP +0.3pt

BBJP+8.9%FLJP+9.2%

BBJP vs FLJP Performance

Oct 29, 2021 – Oct 30, 2026

+53.1%BBJP+55.0%FLJP

Expense ratio: BBJP 0.19%; FLJP 0.09%, better
Fund size: BBJP $18.7B; FLJP $4.27B
1Y total return: BBJP +14.9%; FLJP +16.4%, better
Yield (12M): BBJP 4.71%, better; FLJP 4.26%
Holdings: BBJP 177; FLJP 447
Avg volume (30D): BBJP 1.32M sh, better; FLJP 976K sh
NAV per share: BBJP $75.10; FLJP $39.98
52W range

ETF.net Grade

Pillar letters and Scores for BBJP, FLJP, with each pillar’s weight
Pillar	BBJP	FLJP
Cost30% weight	A88	A97Higher
Mission25% weight	A100	A100
Risk15% weight	C41	C48Higher
Tradability15% weight	A87Higher	A71
Holdings10% weight	B59	A74Higher
Durability5% weight	A76Higher	B61

Rank among Japan funds

How we build Categories ›

Same Category. BBJP and FLJP are both graded against the same 18 Japan funds, so their Grades compare head to head.

Japan⁠

Category · 18 funds

See all 18 ›

FLJP ranks 1st and BBJP 2nd of 18 funds in the Japan Category.

Rank 1AFLJPFranklin FTSE Japan ETFScore 82
Rank 2ABBJPJPMorgan BetaBuilders Japan ETFScore 80
Rank 3AFLJHFranklin FTSE Japan Hedged ETFScore 75

Our read on each fund

ETF.net Research

BBJPAJPMorgan BetaBuilders Japan ETF

FLJPAFranklin FTSE Japan ETF

In short

BBJP Japan's whole board for 0.19% a year. JPMorgan's BetaBuilders fund holds roughly 170 large and mid-cap Japanese stocks and has grown into a multi-billion-dollar way to own Tokyo without paying legacy-tracker prices.

FLJP Japan's whole market for nine basis points. FLJP tracks the FTSE Japan RIC Capped Index across roughly 500 stocks at 0.09%, a fraction of what the typical Japan fund charges.

Stated mandate

BBJP The fund seeks to closely track, before fees and expenses, the performance of a Japan-focused equity index.

FLJP The fund seeks to track, before fees and expenses, the performance of the FTSE Japan RIC Capped Index.

Why people hold it

BBJP 0.19% a year, well under what the older iShares Japan trackers (EWJ at 0.49%, JPXN at 0.48%) charge for similar broad exposure.
Roughly 170 Japanese large and mid caps in one line item, tracking a Morningstar Japan index closely rather than making stock calls.
A multi-billion-dollar fund that trades actively, which tends to keep the cost of getting in and out modest.
Running since 2018 and one of the stronger implementations in the single-country Japan group.

FLJP 0.09% a year, against a Japan-cohort median near 0.50%. Same country, same broad exposure, a fraction of the toll.
Roughly 500 names via the FTSE Japan RIC Capped Index, whose capping rules trim outsized positions so no single stock runs away with the portfolio.
Running since 2017 and now a multi-billion-dollar, actively traded fund, it tracks its index tightly and ranks among the strongest builds in its Japan peer group.
Cheaper than the bigger brand-name Japan trackers it competes with, including EWJ at 0.49% and BBJP at 0.19%.

Worth knowing

BBJP One country, one market cycle. Japan-only equity means no cushion from anywhere else when Tokyo has a bad stretch.
Not the cheapest ticket to Japan: Franklin's FLJP runs 0.09%, and FLJH is the currency-hedged option in the same peer set.
Distributions land once or twice a year, not quarterly, so income arrives in lumps.

FLJP The yen rides along. Currency moves hit returns here; Franklin's hedged twin, FLJH, strips that out for the same 0.09%.
One country, one market cycle. Everything inside depends on Japan, so this is a slice of a portfolio rather than a diversified core.
Distributions land annually or semiannually, not monthly, so cash flow arrives in lumps.

Full BBJP profile⁠

Full FLJP profile⁠

BBJP vs FLJP Holdings

How BBJP and FLJP differ

Overlap by weight

84.5%

Shared holdings make up 99.8% of BBJP and 84.7% of FLJP.

Level by level

Holdings173 in both84.5%
Sector11 Sectors97.2%
Asset classEquity100%
Countryby domicile100%

Sector

Sector weights in BBJP and FLJP, widest gap first
Sector	More in BBJPMore in FLJP	BBJP	FLJP
Financials	BBJP +1.1 points	19.2%	18.1%
Consumer Discretionary	FLJP +0.8 points	11.1%	11.9%
Materials	FLJP +0.7 points	3.1%	3.8%
Communication	BBJP +0.6 points	9.1%	8.5%
Real Estate	FLJP +0.6 points	1.9%	2.5%
Technology	BBJP +0.5 points	20.9%	20.4%
Industrials	BBJP +0.5 points	24.0%	23.5%
Consumer Staples	FLJP +0.4 points	3.6%	4.0%
Utilities	FLJP +0.2 points	1.0%	1.2%
Energy	BBJP +0.1 points	1.0%	0.9%
Health Care	Same weight	5.2%	5.2%

Country, concentration and asset class

Country by domicile

Country weights in BBJP and FLJP, widest gap first
Country	More in BBJPMore in FLJP	BBJP	FLJP
Japan	Same weight	100.0%	100.0%

Outside the US: BBJP 100% developed, 0% emerging. FLJP 100% developed, 0% emerging.

Concentration

Weight in the 10 largest Holdings

BBJP29.3%
FLJP25.1%

Securities held

BBJP174
FLJP444

Asset class

BBJP: Equity
FLJP: Equity

Holdings

Only in BBJP1
In both173
Only in FLJP271

Only in BBJP

1 security, 0.0% of BBJP by weight

Crasus Chemical Inc<0.01%

Only in FLJP

271 securities, 15.2% of FLJP by weight

Net Current Assets0.80%
Ryohin Keikaku Co Ltd0.24%
Kokusai Electric Corp0.16%
Baycurrent Inc0.16%
Nippon Express Holdings I0.14%
Shizuoka Financial Group0.14%
Mebuki Financial Group In0.14%
Fukuoka Financial Group I0.13%
Sanrio Co Ltd0.13%
Food & Life Companies Ltd0.12%
Ngk Corp0.12%
Isetan Mitsukoshi Holding0.11%
Meiji Holdings Co Ltd0.11%
Rohm Co Ltd0.11%
Taiyo Yuden Co Ltd0.11%
Brother Industries Ltd0.11%
Hachijuni Nagano Bank Ltd0.11%
Kyoto Financial Group Inc0.11%
Sojitz Corp0.11%
Misumi Group Inc0.10%
Nissan Chemical Corp0.10%
Sekisui Chemical Co Ltd0.10%
Ricoh Co Ltd0.10%
Omron Corp0.10%
Trend Micro Inc0.10%
Seiko Epson Corp0.09%
Kyuden Holdings Inc0.09%
Tisi Inc0.09%
Toto Ltd0.09%
Gunma Bank Ltd/The0.09%
Matsukiyococokara & Co0.09%
Ono Pharmaceutical Co Ltd0.09%
Sysmex Corp0.09%
Sumitomo Chemical Co Ltd0.09%
Tokyo Ohka Kogyo Co Ltd0.08%
Horiba Ltd0.08%
Yokohama Rubber Co Ltd0.08%
Sony Financial Group Inc0.08%
Dentsu Group Inc0.08%
Sumco Corp0.08%
Square Enix Holdings Co L0.08%
Hokuhoku Financial Group0.08%
Iyogin Holdings Inc0.08%
Asahi Intecc Co Ltd0.08%
Skylark Holdings Co Ltd0.08%
Tokyu Corp0.08%
77 Bank Ltd/The0.08%
Kobe Steel Ltd0.07%
Japan Real Estate Investm0.07%
Tosoh Corp0.07%

Weight gaps

The 100 widest of 173 Holdings in both funds.

Holding weights in BBJP and FLJP, widest gap first
Holding	More in BBJPMore in FLJP	BBJP	FLJP
Mitsubishi Ufj Financial	BBJP +0.69 points	4.52%	3.83%
Mitsubishi Corp Common	BBJP +0.51 points	2.06%	1.55%
Recruit Holdings Co Ltd	BBJP +0.50 points	3.14%	2.64%
Sumitomo Mitsui	BBJP +0.45 points	2.84%	2.39%
Itochu Corp Common Stock	BBJP +0.43 points	1.92%	1.49%
Toyota Motor Corp Common	BBJP +0.40 points	3.69%	3.29%
Hitachi Ltd Common Stock	BBJP +0.38 points	2.67%	2.29%
Sony Group Corp Common	BBJP +0.37 points	2.76%	2.39%
Tokyo Electron Ltd	BBJP +0.35 points	2.49%	2.14%
Mizuho Financial Group	BBJP +0.31 points	2.18%	1.87%
Advantest Corp Common	BBJP +0.32 points	2.90%	2.58%
Tokio Marine Holdings	BBJP +0.30 points	1.93%	1.63%
Fast Retailing Co Ltd	BBJP +0.27 points	1.67%	1.40%
Nintendo Co Ltd Common	BBJP +0.25 points	1.13%	0.88%
Mitsui & Co Ltd Common	BBJP +0.24 points	1.50%	1.26%
Sumitomo Corp Common	BBJP +0.24 points	0.94%	0.70%
Keyence Corp Common	BBJP +0.22 points	1.71%	1.49%
Marubeni Corp Common	BBJP +0.21 points	0.95%	0.74%
Shin-Etsu Chemical Co	BBJP +0.20 points	1.29%	1.09%
Mitsubishi Heavy	BBJP +0.20 points	1.34%	1.14%
Murata Manufacturing Co	BBJP +0.17 points	1.30%	1.13%
Kddi Corp Common Stock	BBJP +0.16 points	0.96%	0.80%
Softbank Group Corp	BBJP +0.16 points	1.88%	1.72%
Takeda Pharmaceutical Co	BBJP +0.16 points	1.25%	1.09%
Kioxia Holdings Corp	FLJP +0.15 points	1.45%	1.60%
Honda Motor Co Ltd	BBJP +0.14 points	0.82%	0.68%
Japan Tobacco Inc Common	BBJP +0.14 points	0.95%	0.81%
Sumitomo Realty &	BBJP +0.13 points	0.35%	0.22%
Panasonic Holdings Corp	BBJP +0.13 points	0.97%	0.84%
Otsuka Holdings Co Ltd	BBJP +0.13 points	0.67%	0.54%
Daiichi Life Group Inc	BBJP +0.13 points	0.76%	0.63%
Mitsubishi Electric Corp	BBJP +0.12 points	1.07%	0.95%
Sompo Holdings Inc Common	BBJP +0.12 points	0.74%	0.62%
Hoya Corp Common Stock	BBJP +0.12 points	1.02%	0.90%
Fujitsu Ltd Common Stock	BBJP +0.13 points	0.74%	0.62%
Mitsubishi Estate Co Ltd	BBJP +0.12 points	0.54%	0.42%
Sumitomo Mitsui Trust	BBJP +0.12 points	0.54%	0.42%
Nec Corp Common Stock	BBJP +0.12 points	0.72%	0.60%
Daikin Industries Ltd	BBJP +0.11 points	0.68%	0.57%
Central Japan Railway Co	BBJP +0.12 points	0.45%	0.33%
Sumitomo Electric	BBJP +0.10 points	0.64%	0.54%
East Japan Railway Co	BBJP +0.09 points	0.48%	0.39%
Toyota Tsusho Corp	BBJP +0.09 points	0.56%	0.47%
Oriental Land Co	BBJP +0.10 points	0.47%	0.37%
Softbank Corp Common	BBJP +0.09 points	0.78%	0.69%
Fujikura Ltd Common	BBJP +0.10 points	0.75%	0.65%
Tdk Corp Common Stock	BBJP +0.09 points	0.59%	0.50%
Mitsui Fudosan Co Ltd	BBJP +0.09 points	0.50%	0.41%
Seven & I Holdings Co	BBJP +0.09 points	0.53%	0.44%
Pan Pacific	BBJP +0.09 points	0.23%	0.14%
Ajinomoto Co Inc Common	BBJP +0.08 points	0.57%	0.49%
Aeon Co Ltd Common Stock	BBJP +0.09 points	0.39%	0.30%
Bandai Namco Holdings Inc	BBJP +0.09 points	0.45%	0.36%
Orix Corp Common Stock	BBJP +0.08 points	0.75%	0.67%
Disco Corp Common Stock	BBJP +0.08 points	0.52%	0.44%
Komatsu Ltd Common Stock	BBJP +0.08 points	0.64%	0.56%
Canon Inc Common Stock	BBJP +0.08 points	0.47%	0.39%
Kyocera Corp Common	BBJP +0.08 points	0.52%	0.44%
Chugai Pharmaceutical Co	BBJP +0.08 points	0.53%	0.45%
Renesas Electronics Corp	BBJP +0.08 points	0.56%	0.48%
Kubota Corp Common Stock	BBJP +0.08 points	0.35%	0.27%
MS&AD Insurance Group	BBJP +0.07 points	0.77%	0.70%
Japan Post Bank Co Ltd	BBJP +0.08 points	0.63%	0.55%
Eneos Holdings Inc Common	BBJP +0.07 points	0.45%	0.38%
Inpex Corp Common Stock	BBJP +0.07 points	0.43%	0.36%
Asics Corp Common Stock	BBJP +0.07 points	0.40%	0.33%
Resona Holdings Inc	BBJP +0.07 points	0.57%	0.50%
Nomura Holdings Inc	BBJP +0.07 points	0.51%	0.44%
Shionogi & Co Ltd Common	BBJP +0.07 points	0.30%	0.23%
Astellas Pharma Inc	BBJP +0.07 points	0.54%	0.47%
Terumo Corp Common Stock	BBJP +0.07 points	0.42%	0.35%
Ntt Inc Common Stock Jpy	BBJP +0.07 points	0.55%	0.48%
Suzuki Motor Corp Common	BBJP +0.07 points	0.45%	0.38%
Ibiden Co Ltd Common	BBJP +0.07 points	0.49%	0.42%
Daiichi Sankyo Co Ltd	BBJP +0.07 points	0.57%	0.50%
Nippon Steel Corp Common	BBJP +0.06 points	0.40%	0.34%
Bridgestone Corp Common	BBJP +0.07 points	0.50%	0.43%
Ihi Corp Common Stock	BBJP +0.07 points	0.29%	0.22%
Smc Corp	BBJP +0.06 points	0.41%	0.35%
Daiwa House Industry Co	BBJP +0.06 points	0.33%	0.27%
Kao Corp Common Stock	BBJP +0.06 points	0.40%	0.34%
Nippon Yusen Kk Common	BBJP +0.06 points	0.36%	0.30%
T&D Holdings Inc Common	BBJP +0.06 points	0.28%	0.22%
Kansai Electric Power Co	BBJP +0.06 points	0.32%	0.26%
Secom Co Ltd Common	BBJP +0.05 points	0.32%	0.27%
Fujifilm Holdings Corp	BBJP +0.05 points	0.48%	0.43%
Kajima Corp Common Stock	BBJP +0.05 points	0.25%	0.20%
Tokyo Gas Co Ltd Common	BBJP +0.05 points	0.26%	0.21%
Japan Post Holdings Co	BBJP +0.05 points	0.44%	0.39%
Kirin Holdings Co Ltd	BBJP +0.05 points	0.28%	0.23%
Screen Holdings Co Ltd	BBJP +0.05 points	0.25%	0.20%
Asahi Kasei Corp Common	BBJP +0.05 points	0.26%	0.21%
Daiwa Securities Group	BBJP +0.05 points	0.28%	0.23%
Sbi Holdings Inc Common	BBJP +0.05 points	0.20%	0.15%
Idemitsu Kosan Co Ltd	BBJP +0.05 points	0.16%	0.11%
Resonac Holdings Corp	BBJP +0.05 points	0.29%	0.24%
Sekisui House Ltd Common	BBJP +0.05 points	0.26%	0.21%
Olympus Corp Common	BBJP +0.04 points	0.22%	0.18%
Nitto Denko Corp Common	BBJP +0.05 points	0.27%	0.22%
Kawasaki Heavy	BBJP +0.05 points	0.22%	0.17%

All 174 BBJP holdings⁠All 507 FLJP holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

BBJP vs FLJP Cost

Overpaying BBJP vs FLJP

$2,054

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

BBJP 0.19%
$3,952
FLJP 0.09%
$1,898

Amount$10,000

Years30 years

Cost over time

BBJP 0.19%
FLJP 0.09%
Overpaying

Year by year

Year	BBJP	FLJP	Overpaying
10	$347	$165	$182
20	$1,351	$646	$705
30	$3,952	$1,898	$2,054

Expense ratio

0.19%BBJP
0.09%FLJP, cheaper

FLJP0.09%BBJP0.19%

0.09%1.92%

Middle half of Japan funds
Median 0.54%

FLJP cheapest of 18 funds

BBJP 3rd cheapest of 18 funds

BBJP vs FLJP Dividends

Last 12 months to Oct 30, 2026

Yield (12M): BBJP 4.71%, better; FLJP 4.26%
Payout (12M): BBJP $3.54; FLJP $1.69
Last payment: BBJP $3.54; FLJP $0.17
Ex-dividend: BBJP Dec 23, 2025; FLJP Jun 26, 2026
Paid on: BBJP Dec 26, 2025; FLJP Jul 6, 2026
Frequency: BBJP Annual; FLJP Twice a year

Distribution history

Per share, 2017 to 2026, same scale for both

BBJPAnnual · 8 paymentsAll BBJP payments⁠

FLJPTwice a year · 18 paymentsAll FLJP payments⁠

BBJP vs FLJP Risk

Fall from peak · 5 years

BBJP
FLJP

Risk facts

VolatilityStd dev, 3 years: BBJP 12.5%FLJP 12.5%
Return per unit of riskSharpe ratio, 3 years: BBJP 1.14FLJP 1.17, better
Worst fallMax drawdown, 5 years: BBJP −29.1%FLJP −28.8%, better
Market sensitivityBeta, 5 years: BBJP 0.82FLJP 0.96; Market = 1

BBJP and FLJP in the news

All news⁠

News
Japan wholesale prices rise 7.6%, confirming a Bank of Japan hike already priced for next week
Sep 11, 2026BBJP
Deep Dive
Unhedged Japan rose 2.5% on the yen; Europe funds slipped
Sep 5, 2026FLJP

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BBJP vs FLJP

In short

Stated mandate

Why people hold it

Worth knowing

How BBJP and FLJP differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in BBJP

Only in FLJP

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Japan wholesale prices rise 7.6%, confirming a Bank of Japan hike already priced for next week

Unhedged Japan rose 2.5% on the yen; Europe funds slipped

How BBJP and FLJP differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in BBJP

Only in FLJP

Weight gaps