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Franklin FTSE Japan ETF favored for strong Japanese market and attractive valuation versus US peers

Market News
14 Sep 2026
Seeking Alpha
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Bullish
Franklin FTSE Japan ETF favored for strong Japanese market and attractive valuation versus US peers

The Franklin FTSE Japan ETF (FLJP) is recommended as a buy due to Japan's strong equity performance, wage growth exceeding inflation, and significant consumer sector exposure. Japan's lower borrowing costs and a weakening US dollar enhance FLJP's appeal compared to Western markets. Trading at a price-to-earnings ratio just above 17, FLJP offers a valuation discount relative to the S&P 500's 26, making it a defensive investment option. These factors position FLJP for potential outperformance against US peers in the current macroeconomic environment.

The Franklin FTSE Japan ETF (FLJP) is discussed in this story, with Pluang market data providing context. For readers following US stocks on Pluang, here is the market snapshot as of Sep 14, 2026 18:52 WIB: out of 150 priced stocks, 63 rose and 81 fell. Notable movers include Hewlett Packard Enterprise Co at USD 57.22 with a -7.84% change, Applied Materials, Inc. at USD 423.50 down 7.23%, and Intel Corp at USD 96.10 down 6.64%.

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