What this ETF is trying to do

The FRANKLIN FTSE JAPAN HEDGED ETF is an exchange-traded fund (ETF) that trades on the NYSE. An ETF is a type of investment that can be bought and sold on a stock exchange.

What the numbers show

As of October 5, 2026, the current price of this ETF is $47.19. An estimated price from roughly one year ago was $36.56.

When looking at how this ETF has performed, it is important to understand two different types of numbers: price return and total return.

• Price return only measures how much the share price itself changed.

• Total return includes both the share price changes and any cash distributions (payments) made to investors.

For the past year, the one-year price return was approximately 29.07%. However, the one-year total return was higher, at approximately 32.79%. This shows that the total return includes the value of distributions.

Looking at the year-to-date (YTD) numbers, the YTD price return is about 25.27%, while the YTD total return is about 26.06%. Over a three-year period, the three-year price return was approximately 53.26%, and the three-year total return was approximately 111.60%.

Income and distribution explanation

This ETF has a distribution yield of approximately 2.39%. This number describes the cash distributions relative to the ETF's price. In the last 12 months, the ETF made two payments. The frequency of these payments is described as "irregular" or "less frequent."

It is important for new investors to know that receiving cash distributions does not guarantee that your original investment will stay at the same value. A high yield alone can sometimes be misleading if the share price is also changing.

NAV erosion explanation

"NAV erosion" refers to a decline in the actual value of the assets held within the ETF. Some investors worry about this because it can affect the long-term value of their investment.

For this ETF, the erosion-risk score is 100, and the data shows "No price erosion detected." The severity is rated as "good," and there is no severe erosion-risk flag.

Pros

• The ETF has shown positive price returns and total returns over the last year and three years.

• The current data shows no detected price erosion.

Cons

• The cash distributions are not made on a regular schedule; they are described as irregular.

• Specific information regarding the top holdings was not supplied in this report.

Beginner takeaway

When you study an ETF, always look at both the price return and the total return to get the full picture of how it has performed. Additionally, checking the erosion-risk score can help you understand if the fund's value is showing signs of deterioration.