Compare BMO Japan Index ETF (ZJPN) vs Franklin FTSE Japan Index ETF (FLJA) to find the best fit for your portfolio. ZJPN and FLJA provide the same top sector exposures: Industrials, Consumer Discretionary, and Financials. When evaluating costs, ZJPN features a management fee (MER) of 0.35%, compared to 0.09% for FLJA. Performance-wise, ZJPN has returned 11.34% year-to-date with +$108 M in net flows, whereas FLJA is at 13.91% with +$54 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
ZJPN
FLJA
| AuM | $641.78 M | $187.43 M |
| Management Fees | 0.35% | 0.09% |
| Exp. ratio | 0.39% | 0.10% |
| Tracking Difference | 0.34% | -0.31% |
Historical performance and flows
As of May 7, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZJPN | +4.14% | +0.49% | +11.34% | +28.74% | +70.01% |
FLJA | +6.31% | +3.05% | +13.91% | +32.70% | +73.68% | |
| Flows | ZJPN | +$5 M | +$106 M | +$108 M | +$129 M | +$4 M |
FLJA | -$21 M | +$54 M | +$54 M | +$94 M | +$110 M |
ZJPN vs FLJA exposure
Countries
ZJPN
Japan
100.00%
FLJA
Japan
100.00%
Sectors
ZJPN
Industrials
25.96%
Consumer Discretionary
16.15%
Financials
16.04%
Information Technology
12.48%
Other
29.37%
FLJA
Industrials
25.91%
Consumer Discretionary
16.16%
Financials
15.93%
Information Technology
12.50%
Other
29.49%
As of May 7, 2026
Top 10 Holdings
ZJPN
TOYOTA
4.18%
MITSUBISHI UFJ FINANCIAL GROUP
3.64%
HITACHI
2.41%
SUMITOMO MITSUI
2.36%
SONY GROUP CORPORATION
2.36%
MITSUBISHI
2.35%
TOKYO ELECTRON
2.14%
MITSUI
1.87%
MIZUHO FINANCIAL
1.85%
ADVANTEST
1.82%
FLJA
TOYOTA
4.14%
MITSUBISHI UFJ FINANCIAL GROUP
3.39%
HITACHI
2.35%
SONY GROUP CORPORATION
2.23%
SUMITOMO MITSUI
2.18%
MITSUBISHI
2.11%
TOKYO ELECTRON
2.06%
MITSUI
1.83%
ADVANTEST
1.79%
MIZUHO FINANCIAL
1.77%
Diversification
ZJPN
Total weight of top 10 holdings out of 305 total
24.99%
FLJA
Total weight of top 10 holdings out of 451 total
23.85%
Characteristics
Compare
ZJPN
FLJA
| Provider | BMO | Franklin Templeton |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive GBS Japan Large & Mid Cap NTR Index - CAD | FTSE Japan Index NTR - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.24% | 1.41% |
| Meets ESG criteria | No | No |
| Inception Date | January 17, 2022 | February 20, 2019 |
Frequently asked questions about ZJPN and FLJA
Which ETF has performed better year to date: ZJPN or FLJA?
As of May 7, 2026, ZJPN has returned 11.34% year to date, while FLJA has returned 13.91%. FLJA is ahead on YTD performance.
Which ETF is larger by assets under management: ZJPN or FLJA?
As of May 7, 2026, ZJPN manages $641.78 M in assets, while FLJA manages $187.43 M. ZJPN is the larger fund by AUM.
How are ZJPN and FLJA managed?
ZJPN is passively managed by BMO. It tracks the Solactive GBS Japan Large & Mid Cap NTR Index - CAD benchmark. FLJA is passively managed by Franklin Templeton. It tracks the FTSE Japan Index NTR - CAD benchmark.
What sectors do ZJPN and FLJA emphasize?
ZJPN is most exposed to Industrials, Consumer Discretionary, and Financials. FLJA is most exposed to Industrials, Consumer Discretionary, and Financials.
Which ETF is attracting more investor flows: ZJPN or FLJA?
Year to date, ZJPN has seen +$108.46 M in net flows, compared with +$54.50 M for FLJA. ZJPN has attracted more net investor money so far.
How do the fees of ZJPN and FLJA compare?
ZJPN has an expense ratio of 0.39%, while FLJA has an expense ratio of 0.10%.
What are the top holdings of ZJPN and FLJA?
ZJPN's largest holdings include TOYOTA, MITSUBISHI UFJ FINANCIAL GROUP, and HITACHI. FLJA's top holdings include TOYOTA, MITSUBISHI UFJ FINANCIAL GROUP, and HITACHI.
Which ETF is more diversified: ZJPN or FLJA?
ZJPN holds 299 securities, while FLJA holds 442. On holdings count, FLJA is the more diversified portfolio.
Recent articles about ZJPN and FLJA
Japan ETFs Rally as Takaichi Win Drives Global Flows
Political stability and structural reform lift Japan equities — and Canadian-listed ETFs are following.
Posted on 2/16/2026 by ETF Market Canada inJapan
US–Japan Trade Deal Sparks Rally in Canadian Japan ETFs
Tariff relief and $550 billion investment pledge lift Canadian-listed funds tracking Japanese equities.
Posted on 7/28/2025 by ETF Market Canada inJapan
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