There were no changes to the Franklin International Equity Rotation Model this week, so we look at the Franklin FTSE Japan Hedged ETF (FLJH).
There were no changes to the Franklin International Equity Rotation Model this week.
Several areas within International Equities have slowed down so far this year between geopolitical conflict and a slight gain in the dollar. However, not all countries are off to a slow start here in 2026. Japan has been among the strongest countries this year, and those looking to gain exposure to the country could look towards the Franklin FTSE Japan Hedged ETF (FLJH). The ETF holds a near-perfect fund score of 5.74, which is 1.33 points higher than the average non-US equity fund, while also displaying a positive score direction of 0.78 points. The fund has earned both short- and long-term relative strength versus domestic equities, sitting in a column of Xs and on an RS buy signal versus the Equal Weight S&P 500 Index (SPXEWI). Recent action has seen the fund break a double top at $41.50, moving back to a buy signal while also completing a bearish signal reversal. FLJH looks actionable here with the fund trading near the middle of its ten-week trading band. The fund also offers a yield of 5.62%.
