- Issuer
- iShares
- Inception Date
- Oct 19, 2018
- Category
- Japan Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- iShares MSCI Japan Screened UCITS ETF USD (Acc)
- Distribution Policy
- Accumulating
- 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
SAJP.L Performance Chart
iShares MSCI Japan Screened UCITS ETF USD (Acc) (SAJP.L) is up 16.3% since the beginning of the year. SAJP.L is currently trading at $10 per share. Investors who bought $1,000 worth of SAJP.L shares 5 years ago would now be looking at an investment worth $1,541.
Loading charts...
Returns By Period
iShares MSCI Japan Screened UCITS ETF USD (Acc) (SAJP.L) has returned 16.26% so far this year and 35.58% over the past 12 months.
iShares MSCI Japan Screened UCITS ETF USD (Acc)
- 1D
- -1.17%
- 1M
- -1.57%
- 6M
- 10.14%
- YTD
- 16.26%
- 1Y
- 35.58%
- 3Y*
- 17.39%
- 5Y*
- 9.04%
- 10Y*
- —
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%
SAJP.L Monthly Returns History
Based on dividend-adjusted daily data since Oct 19, 2018, SAJP.L's average daily return is +0.04%, while the average monthly return is +0.81%. At this rate, an investment would double in approximately 7.2 years.
Historically, 60% of months were positive and 40% were negative. The best month was Nov 2020 with a return of +11.6%, while the worst month was Mar 2026 at -10.8%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 4 months.
On a daily basis, SAJP.L closed higher 50% of trading days. The best single day was Mar 24, 2020 with a return of +8.2%, while the worst single day was Mar 12, 2020 at -12.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 5.92% | 7.64% | -10.81% | 8.08% | 5.49% | 1.15% | -0.87% | 16.26% | |||||
| 2025 | 2.87% | -0.15% | -1.03% | 4.46% | 3.42% | 2.34% | -1.35% | 5.73% | 2.06% | 4.17% | -0.49% | 0.98% | 25.26% |
| 2024 | 3.54% | 3.73% | 3.15% | -5.38% | 1.38% | 0.76% | 3.61% | 1.31% | -0.57% | -5.62% | 2.44% | -1.49% | 6.44% |
| 2023 | 6.99% | -3.94% | 4.51% | -0.08% | 0.94% | 5.39% | 2.71% | -3.47% | -1.71% | -2.61% | 6.43% | 4.19% | 20.16% |
| 2022 | -5.31% | -0.05% | -1.40% | -7.66% | 0.04% | -7.89% | 6.15% | -3.43% | -8.63% | 1.61% | 9.93% | -0.58% | -17.41% |
| 2021 | -1.00% | 1.65% | 0.75% | -1.65% | 1.98% | -1.44% | -0.27% | 2.09% | 2.77% | -2.91% | -3.74% | 2.65% | 0.61% |
Benchmark Metrics
iShares MSCI Japan Screened UCITS ETF USD (Acc) has an annualized alpha of 4.45%, beta of 0.45, and R2 of 0.22 versus S&P 500 Index. Calculated based on daily prices since October 19, 2018.
- This ETF participated in 73.87% of S&P 500 Index downside but only 65.46% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.45 may look defensive, but with R2 of 0.22 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 0.22 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 4.45%
- Beta
- 0.45
- R²
- 0.22
- Upside Capture
- 65.46%
- Downside Capture
- 73.87%
Expense Ratio
SAJP.L has an expense ratio of 0.15%, which is considered low.
Return for Risk
Risk / Return Rank
SAJP.L ranks 63 for risk / return — better than 63% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for iShares MSCI Japan Screened UCITS ETF USD (Acc) (SAJP.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.
| SAJP.L | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.08 | ||
| Sortino ratioReturn per unit of downside risk | +0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.31 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.75 | 2.35 | +0.40 |
| Martin ratioReturn relative to average drawdown | 8.96 | 10.19 | -1.23 |
Dividends
Dividend History
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 Japan Screened UCITS ETF USD (Acc). 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 Japan Screened UCITS ETF USD (Acc) was 32.71%, occurring on Oct 19, 2022. Recovery took 348 trading sessions.
The current iShares MSCI Japan Screened UCITS ETF USD (Acc) drawdown is 4.79%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-32.71%Oct 2022 | 1y 1mo | 1y 4mo | 2y 5moSep 2021 - Mar 2024 | Bear market2022 |
-27.81%Mar 2020 | 3mo | 7mo 22d | 10mo 22dDec 2019 - Nov 2020 | COVID crash2020 |
-14.47%Apr 2025 | 6mo 12d | 22d | 7mo 4dSep 2024 - Apr 2025 | 2025 selloff2025 |
-12.88%Mar 2026 | 1mo 13d | 1mo 17d | 3moFeb 2026 - May 2026 | — |
-12.87%Dec 2018 | 2mo 3d | 6mo 10d | 8mo 13dOct 2018 - Jul 2019 | Rate-hike selloffLate 2018 |
Drawdown Indicators
| SAJP.L | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.71% | -56.78% | +24.07% |
Max Drawdown (1Y)Largest decline over 1 year | -12.88% | -9.10% | -3.78% |
Max Drawdown (3Y)Largest decline over 3 years | -14.47% | -18.90% | +4.43% |
Max Drawdown (5Y)Largest decline over 5 years | -32.71% | -25.43% | -7.28% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -4.79% | -0.49% | -4.30% |
Average DrawdownAverage peak-to-trough decline | -7.95% | -10.70% | +2.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.96% | 2.09% | +1.87% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with SAJP.L
Add iShares MSCI Japan Screened UCITS ETF USD (Acc) 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 SAJP.L