FLJP vs VEU: Holdings Overlap
Franklin Templeton · 477 holdings · $4.0B · as of 2026-03-31
VEUVanguard FTSE All-world Ex-us Index Fund
Vanguard · 3855 holdings · $69.8B · as of 2026-04-30
Holdings snapshots are 30 days apart (FLJP: 2026-03-31, VEU: 2026-04-30). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are FLJP and VEU?
Franklin FTSE Japan ETF (FLJP, by Franklin Templeton) holds 477 positions; Vanguard FTSE All-world Ex-us Index Fund (VEU, by Vanguard) holds 3855. They have 476 holdings in common, and by portfolio weight the two funds are 14.9% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 14.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 476FLJP holds 477 · VEU holds 3855
- Weight in Shared Holdings
- FLJP 99%·VEU 15%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in FLJP
1 of 477 positions (0.1% of the fund) are not held by VEU.
- Toyota Industries Corp. NPV0.08%
Sector Breakdown
| Sector | FLJP | VEU |
|---|---|---|
| Industrials | 21.1% | 11.7% |
| Financials | 13.7% | 20.0% |
| Information Technology | 10.9% | 16.2% |
| Consumer Discretionary | 10.9% | 6.1% |
| Health Care | 5.6% | 5.6% |
| Other Sectors | 17.1% | 21.9% |
| Unclassified | 19.7% | 17.4% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (20% of FLJP, 18% of VEU).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| FLJP | +3.6% | +20.2% | +30.8% | +19.4% | +10.2% | — | 4.10% |
| VEU | +2.8% | +16.6% | +28.4% | +19.2% | +9.6% | +9.9% | 2.48% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in FLJP vs VEU →
Shared Holdings(476)
The top 10 shared positions account for 24% of the overlap, led by 7203, 8306 and 6501.
 7203Toyota Motor Corp. NPV | 3.90% | 0.52% | 0.52% |
|---|---|---|---|
 8306Mitsubishi UFJ Financial Group Inc. NPV | 3.32% | 0.50% | 0.50% |
 6501Hitachi Ltd. NPV | 2.25% | 0.35% | 0.35% |
 6857Advantest Corp. NPV | 1.70% | 0.34% | 0.34% |
 9984Softbank Group Corp. NPV | 1.62% | 0.34% | 0.34% |
 8035Tokyo Electron Ltd. NPV | 1.90% | 0.33% | 0.33% |
 8316Sumitomo Mitsui Financial Group Inc. NPV | 2.11% | 0.33% | 0.33% |
 6758Sony Group Corp. NPV | 2.24% | 0.31% | 0.31% |
 8058Mitsubishi Corp. NPV | 2.02% | 0.27% | 0.27% |
 8411Mizuho Financial Group Inc. NPV | 1.70% | 0.26% | 0.26% |
 7011Mitsubishi Heavy Industries Ltd. NPV | 1.57% | 0.24% | 0.24% |
 8031Mitsui & Co Ltd. NPV | 1.75% | 0.24% | 0.24% |
 6861Keyence Corp. NPV | 1.20% | 0.22% | 0.22% |
 4063Shin-Etsu Chemical Co Ltd. NPV | 1.35% | 0.22% | 0.22% |
 9983Fast Retailing Co Ltd. NPV | 1.26% | 0.21% | 0.21% |
 8766Tokio Marine Holdings Inc. NPV | 1.53% | 0.21% | 0.21% |
 6503Mitsubishi Electric Corp. NPV | 1.14% | 0.20% | 0.20% |
 8001ITOCHU Corp. NPV | 1.44% | 0.20% | 0.20% |
 5803Fujikura Ltd. NPV | 0.77% | 0.16% | 0.16% |
 7741HOYA Corp. NPV | 1.03% | 0.16% | 0.16% |
 6098Recruit Holdings Co Ltd. NPV | 1.00% | 0.16% | 0.16% |
 8002Marubeni Corp. NPV | 0.96% | 0.15% | 0.15% |
 6981Murata Manufacturing Co Ltd. NPV | 0.64% | 0.14% | 0.14% |
 4502Takeda Pharmaceutical Co Ltd. NPV | 1.03% | 0.13% | 0.13% |
 7974Nintendo Co Ltd. NPV | 1.05% | 0.13% | 0.13% |
Showing the top 250 of 476 shared holdings by overlap weight.
Frequently Asked Questions
How much do FLJP and VEU overlap?
FLJP and VEU overlap by 14.9% of portfolio weight. They share 476 holdings (FLJP holds 477 positions and VEU holds 3855), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FLJP and VEU?
The two portfolios are 14.9% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of FLJP and VEU?
The largest positions held by both funds are 7203, 8306, 6501, 6857 and 9984. Together the top 10 shared positions account for 24% of the total overlap.
What does FLJP own that VEU doesn't?
1 positions (0.1% of FLJP) are unique to FLJP, led by Toyota Industries Corp. NPV. In the other direction, 3379 positions (83.9% of VEU) are unique to VEU.