ProShares Ultra MSCI Japan (EZJ) belongs to the Japan Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with EZJ. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to EZJ
EZJ charges 0.95% annually. There are 20 ETFs in the Japan Equities category with lower expense ratios, going as low as 0.09%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Franklin FTSE Japan Hedged ETF | 0.09% | 179.16M | Nov 2017 | EZJ vs FLJH | |
| Franklin FTSE Japan ETF | 0.09% | 3.94B | Nov 2017 | EZJ vs FLJP | |
| iShares MSCI Japan Value ETF | 0.15% | 720.95M | Mar 2019 | EZJ vs EWJV | |
| JPMorgan BetaBuilders Japan ETF | 0.19% | 17.98B | Jun 2018 | EZJ vs BBJP | |
| Goldman Sachs ActiveBeta Japan Equity ETF | 0.25% | 83.68M | Mar 2016 | EZJ vs GSJY |
Best Risk-Adjusted Alternatives to EZJ
EZJ has a PortfoliosLab risk / return rank of 47. There are 16 ETFs in the Japan Equities category with higher risk-adjusted ranks, going as high as 91.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Japan Hedged Equity Fund | 91 | 7.17B | Jun 2006 | EZJ vs DXJ | |
| WisdomTree Japan Opportunities ETF | 91 | 279.45M | Jun 2013 | EZJ vs OPPJ | |
| Xtrackers MSCI Japan Hedged Equity ETF | 87 | 674.46M | Jun 2011 | EZJ vs DBJP | |
| iShares Currency Hedged MSCI Japan ETF | 87 | 716.13M | Jan 2014 | EZJ vs HEWJ | |
| Franklin FTSE Japan Hedged ETF | 80 | 179.16M | Nov 2017 | EZJ vs FLJH |
Top Performing EZJ Alternatives (YTD)
EZJ is at 29.20% YTD. No ETFs in the Japan Equities category have higher YTD returns; the top-performing alternatives shown here go as high as 24.30%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| MUFG Japan Small Cap Active ETF | 24.30% | 22.87M | Sep 2025 | EZJ vs MJSC | |
| WisdomTree Japan Opportunities ETF | 23.68% | 279.45M | Jun 2013 | EZJ vs OPPJ | |
| WisdomTree Japan Hedged Equity Fund | 21.58% | 7.17B | Jun 2006 | EZJ vs DXJ | |
| Xtrackers MSCI Japan Hedged Equity ETF | 20.72% | 674.46M | Jun 2011 | EZJ vs DBJP | |
| iShares Currency Hedged MSCI Japan ETF | 20.71% | 716.13M | Jan 2014 | EZJ vs HEWJ |
Lowest Volatility Alternatives to EZJ
EZJ has 42.87% 1-year volatility. There are 20 ETFs in the Japan Equities category with lower 1-year volatility, going as low as 17.18%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares MSCI Japan Small Cap ETF | 17.18% | 252.53M | Dec 2007 | EZJ vs SCJ | |
| WisdomTree Japan SmallCap Dividend Fund | 17.55% | 381.12M | Jun 2006 | EZJ vs DFJ | |
| WisdomTree Japan Hedged Equity Fund | 18.18% | 7.17B | Jun 2006 | EZJ vs DXJ | |
| iShares MSCI Japan Value ETF | 19.19% | 720.95M | Mar 2019 | EZJ vs EWJV | |
| Franklin FTSE Japan Hedged ETF | 19.20% | 179.16M | Nov 2017 | EZJ vs FLJH |
Lowest Drawdown Alternatives to EZJ
EZJ has a 1-year max drawdown of -26.78%. There are 18 ETFs in the Japan Equities category with shallower 1-year drawdowns, going as shallow as -9.82%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Japan Opportunities ETF | -9.82% | 279.45M | Jun 2013 | EZJ vs OPPJ | |
| iShares Currency Hedged MSCI Japan ETF | -10.37% | 716.13M | Jan 2014 | EZJ vs HEWJ | |
| Xtrackers MSCI Japan Hedged Equity ETF | -10.39% | 674.46M | Jun 2011 | EZJ vs DBJP | |
| Franklin FTSE Japan Hedged ETF | -10.80% | 179.16M | Nov 2017 | EZJ vs FLJH | |
| WisdomTree Japan Hedged Equity Fund | -10.98% | 7.17B | Jun 2006 | EZJ vs DXJ |
Other ETFs from ProShares
The 10 most viewed ProShares ETFs shown here include TQQQ, QLD, BITO and span 10 categories. AUM among these funds goes as high as $33B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | Leveraged Equities | 45 | 42.48% | 32.83B | Feb 2010 | EZJ vs TQQQ | |
| ProShares Ultra QQQ | Leveraged Equities | 47 | 31.43% | 12.76B | Jun 2006 | EZJ vs QLD | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency | 2 | -27.98% | 1.41B | Oct 2021 | EZJ vs BITO | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 59 | 33.75% | 5.15B | Jun 2009 | EZJ vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 61 | 23.77% | 7.81B | Jun 2006 | EZJ vs SSO | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 56 | 71.41% | 2.47B | Jan 2007 | EZJ vs USD | |
| ProShares S&P 500 Dividend Aristocrats ETF | Dividend, S&P 500, Large Cap Value Equities | 46 | 12.94% | 11.68B | Oct 2013 | EZJ vs NOBL | |
| ProShares UltraPro Short QQQ | Leveraged Equities, Inverse Equities, Nasdaq-100 | 1 | -44.29% | 2.00B | Feb 2010 | EZJ vs SQQQ | |
| ProShares Nasdaq-100 High Income ETF | Nasdaq-100, Derivative Income, Dividend | 49 | 14.23% | 394.37M | Mar 2024 | EZJ vs IQQQ | |
| ProShares Ultra VIX Short-Term Futures ETF | Volatility | 2 | -35.49% | 244.68M | Oct 2011 | EZJ vs UVXY |
Often Compared With EZJ
Investors most often compare EZJ with EWJ, EWV, YCL. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare EZJ with Any Fund or Stock
Compare EZJ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair EZJ with funds that move differently
ProShares Ultra MSCI Japan alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EZJ.
Explore EZJ Diversifiers