- Issuer
- iShares
- Inception Date
- Apr 17, 2009
- Category
- Japan Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- iShares MSCI Pacific ex-Japan UCITS ETF USD (Dist)
- Distribution Policy
- Distributing
- Asset Class
- Equity
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
IPXJ.L Performance Chart
iShares MSCI Pacific ex-Japan UCITS ETF USD (Dist) (IPXJ.L) is up 10.2% since the beginning of the year. IPXJ.L is currently trading at $56 per share. Investors who bought $1,000 worth of IPXJ.L shares 5 years ago would now be looking at an investment worth $1,311.
Loading charts...
Returns By Period
iShares MSCI Pacific ex-Japan UCITS ETF USD (Dist) (IPXJ.L) has returned 10.20% so far this year and 15.90% over the past 12 months. Over the last ten years, IPXJ.L has returned 7.06% per year, falling short of the S&P 500 Index benchmark, which averaged 13.36% annually.
iShares MSCI Pacific ex-Japan UCITS ETF USD (Dist)
- 1D
- -0.55%
- 1M
- 1.44%
- 6M
- 8.32%
- YTD
- 10.20%
- 1Y
- 15.90%
- 3Y*
- 12.30%
- 5Y*
- 5.56%
- 10Y*
- 7.06%
Benchmark (S&P 500 Index)
- 1D
- 0.38%
- 1M
- 0.24%
- 6M
- 9.32%
- YTD
- 10.62%
- 1Y
- 21.28%
- 3Y*
- 18.90%
- 5Y*
- 11.84%
- 10Y*
- 13.36%
IPXJ.L Monthly Returns History
Based on dividend-adjusted daily data since Apr 17, 2009, IPXJ.L's average daily return is +0.04%, while the average monthly return is +0.74%. At this rate, an investment would double in approximately 7.8 years.
Historically, 57% of months were positive and 43% were negative. The best month was Oct 2011 with a return of +15.3%, while the worst month was Sep 2011 at -17.7%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 5 months.
On a daily basis, IPXJ.L closed higher 52% of trading days. The best single day was Mar 24, 2020 with a return of +9.3%, while the worst single day was Mar 12, 2020 at -12.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 6.26% | 5.49% | -7.93% | 5.99% | 0.16% | -3.10% | 3.81% | 10.20% | |||||
| 2025 | 3.33% | -1.56% | -1.74% | 3.87% | 5.73% | 3.83% | 0.77% | 4.10% | -0.12% | -0.44% | -1.49% | 2.39% | 19.91% |
| 2024 | -3.80% | 0.50% | 1.90% | -1.83% | 3.30% | 0.93% | 1.47% | 3.74% | 7.25% | -6.04% | 3.88% | -5.99% | 4.45% |
| 2023 | 8.80% | -6.84% | 1.13% | 0.17% | -6.90% | 4.93% | 4.29% | -6.47% | -2.91% | -4.54% | 6.64% | 9.27% | 5.64% |
| 2022 | -5.13% | 3.30% | 5.88% | -5.94% | -0.70% | -8.17% | 4.34% | -2.70% | -9.52% | -0.23% | 14.46% | 0.40% | -6.26% |
| 2021 | -0.08% | 3.24% | 1.17% | 3.76% | 3.01% | -2.54% | -1.04% | -0.06% | -3.87% | 4.25% | -7.07% | 3.47% | 3.62% |
Benchmark Metrics
iShares MSCI Pacific ex-Japan UCITS ETF USD (Dist) has an annualized alpha of 0.20%, beta of 0.65, and R2 of 0.32 versus S&P 500 Index. Calculated based on daily prices since April 17, 2009.
- This ETF participated in 108.82% of S&P 500 Index downside but only 85.53% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.65 may look defensive, but with R2 of 0.32 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.32 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 0.20%
- Beta
- 0.65
- R²
- 0.32
- Upside Capture
- 85.53%
- Downside Capture
- 108.82%
Expense Ratio
IPXJ.L has an expense ratio of 0.60%, placing it in the medium range.
Return for Risk
Risk / Return Rank
IPXJ.L ranks 39 for risk / return — below 39% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for iShares MSCI Pacific ex-Japan UCITS ETF USD (Dist) (IPXJ.L) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IPXJ.L | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.59 | ||
| Sortino ratioReturn per unit of downside risk | -0.62 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.31 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 1.81 | 2.35 | -0.54 |
| Martin ratioReturn relative to average drawdown | 4.92 | 10.19 | -5.27 |
Dividends
Dividend History
iShares MSCI Pacific ex-Japan UCITS ETF USD (Dist) provided a 3.56% dividend yield over the last twelve months, with an annual payout of $1.98 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.98 | $1.48 | $1.55 | $1.53 | $1.62 | $1.39 | $1.16 | $1.63 | $1.58 | $1.50 | $1.35 | $1.29 |
Dividend yield | 3.56% | 2.88% | 3.49% | 3.50% | 3.76% | 2.92% | 2.45% | 3.58% | 3.92% | 3.19% | 3.48% | 3.44% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares MSCI Pacific ex-Japan UCITS ETF USD (Dist). The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.18 | $0.00 | $0.00 | $0.41 | $0.00 | $0.00 | $0.44 | $1.03 | |||||
| 2025 | $0.18 | $0.00 | $0.00 | $0.35 | $0.00 | $0.00 | $0.42 | $0.00 | $0.00 | $0.53 | $0.00 | $0.00 | $1.48 |
| 2024 | $0.21 | $0.00 | $0.00 | $0.39 | $0.00 | $0.00 | $0.37 | $0.00 | $0.00 | $0.57 | $0.00 | $0.00 | $1.55 |
| 2023 | $0.17 | $0.00 | $0.00 | $0.44 | $0.00 | $0.00 | $0.37 | $0.00 | $0.00 | $0.55 | $0.00 | $0.00 | $1.53 |
| 2022 | $0.17 | $0.00 | $0.00 | $0.48 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.66 | $0.00 | $0.00 | $1.62 |
| 2021 | $0.10 | $0.00 | $0.00 | $0.38 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.61 | $0.00 | $0.00 | $1.39 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the iShares MSCI Pacific ex-Japan UCITS ETF USD (Dist). A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the iShares MSCI Pacific ex-Japan UCITS ETF USD (Dist) was 38.93%, occurring on Mar 23, 2020. Recovery took 183 trading sessions.
The current iShares MSCI Pacific ex-Japan UCITS ETF USD (Dist) drawdown is 1.69%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-38.93%Mar 2020 | 2mo 3d | 8mo 22d | 10mo 25dJan 2020 - Dec 2020 | COVID crash2020 |
-31.52%Oct 2011 | 5mo 10d | 1y 5mo | 1y 10moApr 2011 - Mar 2013 | — |
-31.42%Jan 2016 | 1y 4mo | 1y 6mo | 2y 10moSep 2014 - Jul 2017 | — |
-25.82%Oct 2022 | 1y 5mo | 1y 11mo | 3y 4moMay 2021 - Sep 2024 | Bear market2022 |
-21.93%May 2010 | 1mo 10d | 4mo 6d | 5mo 16dApr 2010 - Sep 2010 | — |
Drawdown Indicators
| IPXJ.L | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.93% | -56.78% | +17.85% |
Max Drawdown (1Y)Largest decline over 1 year | -8.53% | -9.10% | +0.57% |
Max Drawdown (3Y)Largest decline over 3 years | -18.67% | -18.90% | +0.23% |
Max Drawdown (5Y)Largest decline over 5 years | -24.44% | -25.43% | +0.99% |
Max Drawdown (10Y)Largest decline over 10 years | -38.93% | -33.92% | -5.01% |
Current DrawdownCurrent decline from peak | -1.69% | -0.49% | -1.20% |
Average DrawdownAverage peak-to-trough decline | -8.62% | -10.70% | +2.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.15% | 2.09% | +1.06% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with IPXJ.L
Add iShares MSCI Pacific ex-Japan UCITS ETF USD (Dist) to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with IPXJ.L