FLJP vs VNQI: Holdings Overlap
Franklin Templeton · 477 holdings · $4.0B · as of 2026-03-31
VNQIVanguard Global Ex-u.s. Real Estate Index Fund
Vanguard · 710 holdings · $3.6B · as of 2026-04-30
Holdings snapshots are 30 days apart (FLJP: 2026-03-31, VNQI: 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 VNQI?
Franklin FTSE Japan ETF (FLJP, by Franklin Templeton) holds 477 positions; Vanguard Global Ex-u.s. Real Estate Index Fund (VNQI, by Vanguard) holds 710. They have 35 holdings in common, and by portfolio weight the two funds are 3.4% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 3.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 35FLJP holds 477 · VNQI holds 710
- Weight in Shared Holdings
- FLJP 3%·VNQI 20%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
442 of 477 positions (95.5% of the fund) are not held by VNQI. Showing the top 30 by weight.
Sector Breakdown
| Sector | FLJP | VNQI |
|---|---|---|
| Real Estate | 3.0% | 64.7% |
| Industrials | 21.1% | 0.0% |
| Financials | 13.7% | 0.0% |
| Information Technology | 10.9% | 0.0% |
| Consumer Discretionary | 10.9% | 0.0% |
| Other Sectors | 19.8% | 0.0% |
| Unclassified | 19.7% | 34.3% |
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, 35% of VNQI).
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% |
| VNQI | +1.6% | +0.8% | +3.4% | +8.5% | -0.7% | +2.2% | 4.66% |
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 VNQI →
Shared Holdings(35)
The top 10 shared positions account for 67% of the overlap, led by 8802, 8801 and 8830.
 8802Mitsubishi Estate Co Ltd NPV | 0.54% | 3.14% | 0.54% |
|---|---|---|---|
 8801Mitsui Fudosan Co Ltd. NPV | 0.50% | 2.76% | 0.50% |
 8830Sumitomo Realty & Development Co Ltd. NPV | 0.33% | 2.63% | 0.33% |
 1925Daiwa House Industry Co Ltd. NPV | 0.32% | 1.68% | 0.32% |
 8951Nippon Building Fund Inc. REIT | 0.12% | 0.67% | 0.12% |
 1878Daito Trust Construction Co Ltd. NPV | 0.12% | 0.63% | 0.12% |
 3003Hulic Co Ltd. NPV | 0.10% | 0.69% | 0.10% |
 3289Tokyu Fudosan Holdings Corp. NPV | 0.09% | 0.46% | 0.09% |
 8952Japan Real Estate Investment Corp. REIT | 0.09% | 0.49% | 0.09% |
 8953Japan Metropolitan Fund Investment Corp. REIT | 0.09% | 0.48% | 0.09% |
 8804Tokyo Tatemono Co Ltd. NPV | 0.08% | 0.43% | 0.08% |
 3462Nomura Real Estate Master Fund, Inc. REIT | 0.07% | 0.40% | 0.07% |
 3283Nippon Prologis Reit Inc REIT | 0.07% | 0.37% | 0.07% |
 8972KDX Realty Investment Corporation REIT | 0.07% | 0.38% | 0.07% |
 3281GLP J-Reit | 0.07% | 0.38% | 0.07% |
 8960United Urban Investment Corp. REIT | 0.06% | 0.33% | 0.06% |
 3231Nomura Real Estate Holdings Inc. NPV | 0.06% | 0.31% | 0.06% |
 8984Daiwa House REIT Investment Corp. REIT | 0.06% | 0.33% | 0.06% |
 8954ORIX JREIT Inc. REIT | 0.06% | 0.32% | 0.06% |
 8963Invincible Investment Corporation REIT | 0.05% | 0.27% | 0.05% |
 8985Japan Hotel REIT Investment Corporation REIT | 0.05% | 0.27% | 0.05% |
 3269Advance Residence Investment Corp. REIT | 0.05% | 0.27% | 0.05% |
 8955Japan Prime Realty Investment Corporation REIT | 0.04% | 0.23% | 0.04% |
 3471Mitsui Fudosan Logistics Park Inc REIT | 0.04% | 0.21% | 0.04% |
 3309Sekisui House REIT,Inc. REIT | 0.04% | 0.21% | 0.04% |
Frequently Asked Questions
How much do FLJP and VNQI overlap?
FLJP and VNQI overlap by 3.4% of portfolio weight. They share 35 holdings (FLJP holds 477 positions and VNQI holds 710), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FLJP and VNQI?
The two portfolios are 3.4% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of FLJP and VNQI?
The largest positions held by both funds are 8802, 8801, 8830, 1925 and 8951. Together the top 10 shared positions account for 67% of the total overlap.
What does FLJP own that VNQI doesn't?
442 positions (95.5% of FLJP) are unique to FLJP, led by 7203, 8306 and 6501. In the other direction, 675 positions (79.1% of VNQI) are unique to VNQI.