FLJP Stock: Fragile Growth Of Japanese Equities May Not Last For Long

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Javier Ghersi/Moment via Getty Images Considering that I closely follow Chinese equities, I couldn't help but take a look at Japan, especially amid improving sentiment towards Japanese equities. Even though the Nikkei has demonstrated spectacular performance over the last year, Japan ETFs like Franklin FTSE Japan ETF (NYSEARCA:FLJP) have ultimately underperformed against the S&P 500. Franklin FTSE Japan ETF is a solid option given its low expense ratio and acceptable liquidity if you're looking for exposure to growing Japanese equities. However, I have reasons to be concerned about Japan's macro outlook and a lack of an FX hedge against the...