36B4.DE vs. AW15.DE

Last updated Apr 2, 2026

Compare and contrast key facts about iShares MSCI Japan SRI UCITS ETF USD Dist (36B4.DE) and UBS ETF (IE) MSCI Japan Climate Paris Aligned UCITS ETF (JPY) Acc (AW15.DE).

36B4.DE and AW15.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 36B4.DE is a passively managed fund by iShares that tracks the performance of the MSCI Japan SRI Select Reduced Fossil Fuels. It was launched on Dec 6, 2018. AW15.DE is a passively managed fund by UBS that tracks the performance of the MSCI Japan Climate Paris Aligned. It was launched on Mar 11, 2021. Both 36B4.DE and AW15.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

36B4.DE vs. AW15.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares MSCI Japan SRI UCITS ETF USD Dist (36B4.DE) and UBS ETF (IE) MSCI Japan Climate Paris Aligned UCITS ETF (JPY) Acc (AW15.DE). The values are adjusted to include any dividend payments, if applicable.

36B4.DE vs. AW15.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
36B4.DE iShares MSCI Japan SRI UCITS ETF USD Dist	0.09%	6.51%	9.11%	9.64%	-13.87%	4.20%
AW15.DE UBS ETF (IE) MSCI Japan Climate Paris Aligned UCITS ETF (JPY) Acc	2.15%	10.45%	2.67%	12.34%	-19.88%	2.52%

Returns By Period

In the year-to-date period, 36B4.DE achieves a 0.09% return, which is significantly lower than AW15.DE's 2.15% return.

36B4.DE

• 1D: 3.98%
• 1M: -1.23%
• YTD: 0.09%
• 6M: 5.48%
• 1Y: 6.95%
• 3Y*: 6.84%
• 5Y*: 2.69%
• 10Y*: —

AW15.DE

• 1D: 4.22%
• 1M: -4.13%
• YTD: 2.15%
• 6M: 6.37%
• 1Y: 17.08%
• 3Y*: 7.30%
• 5Y*: 1.27%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

36B4.DE vs. AW15.DE - Expense Ratio Comparison

36B4.DE has a 0.20% expense ratio, which is higher than AW15.DE's 0.12% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

36B4.DE

iShares MSCI Japan SRI UCITS ETF USD Dist

AW15.DE

UBS ETF (IE) MSCI Japan Climate Paris Aligned UCITS ETF (JPY) Acc

Return for Risk

36B4.DE vs. AW15.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

36B4.DE

36B4.DE Risk / Return Rank: 23
36B4.DE Sharpe Ratio Rank: 21
36B4.DE Sortino Ratio Rank: 21
36B4.DE Omega Ratio Rank: 20
36B4.DE Calmar Ratio Rank: 29
36B4.DE Martin Ratio Rank: 26

AW15.DE

AW15.DE Risk / Return Rank: 45
AW15.DE Sharpe Ratio Rank: 41
AW15.DE Sortino Ratio Rank: 46
AW15.DE Omega Ratio Rank: 38
AW15.DE Calmar Ratio Rank: 53
AW15.DE Martin Ratio Rank: 49

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

36B4.DE vs. AW15.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Japan SRI UCITS ETF USD Dist (36B4.DE) and UBS ETF (IE) MSCI Japan Climate Paris Aligned UCITS ETF (JPY) Acc (AW15.DE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	36B4.DE	AW15.DE	Difference
Sharpe ratio Return per unit of total volatility	0.35	0.84	-0.50
Sortino ratio Return per unit of downside risk	0.63	1.35	-0.72
Omega ratio Gain probability vs. loss probability	1.08	1.17	-0.09
Calmar ratio Return relative to maximum drawdown	0.78	1.59	-0.81
Martin ratio Return relative to average drawdown	2.32	5.40	-3.08
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

36B4.DE vs. AW15.DE - Sharpe Ratio Comparison

The current 36B4.DE Sharpe Ratio is 0.35, which is lower than the AW15.DE Sharpe Ratio of 0.84. The chart below compares the historical Sharpe Ratios of 36B4.DE and AW15.DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	36B4.DE	AW15.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.35	0.84	-0.50
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.16	0.08	+0.09
Sharpe Ratio (All Time) Calculated using the full available price history	0.34	0.08	+0.26

Correlation

The correlation between 36B4.DE and AW15.DE is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

36B4.DE vs. AW15.DE - Dividend Comparison

36B4.DE's dividend yield for the trailing twelve months is around 1.46%, while AW15.DE has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019
36B4.DE iShares MSCI Japan SRI UCITS ETF USD Dist	1.46%	1.46%	1.38%	1.81%	2.44%	1.54%	1.61%	0.81%
AW15.DE UBS ETF (IE) MSCI Japan Climate Paris Aligned UCITS ETF (JPY) Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

36B4.DE vs. AW15.DE - Drawdown Comparison

The maximum 36B4.DE drawdown since its inception was -26.99%, roughly equal to the maximum AW15.DE drawdown of -27.14%. Use the drawdown chart below to compare losses from any high point for 36B4.DE and AW15.DE.

Drawdown Indicators

	36B4.DE	AW15.DE	Difference
Max Drawdown Largest peak-to-trough decline	-26.99%	-27.14%	+0.15%
Max Drawdown (1Y) Largest decline over 1 year	-10.89%	-11.48%	+0.59%
Max Drawdown (5Y) Largest decline over 5 years	-21.45%	-27.14%	+5.69%
Current Drawdown Current decline from peak	-5.14%	-6.79%	+1.65%
Average Drawdown Average peak-to-trough decline	-7.23%	-12.50%	+5.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.67%	3.38%	+0.29%

Volatility

36B4.DE vs. AW15.DE - Volatility Comparison

iShares MSCI Japan SRI UCITS ETF USD Dist (36B4.DE) and UBS ETF (IE) MSCI Japan Climate Paris Aligned UCITS ETF (JPY) Acc (AW15.DE) have volatilities of 8.31% and 8.46%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	36B4.DE	AW15.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.31%	8.46%	-0.15%
Volatility (6M) Calculated over the trailing 6-month period	14.20%	14.79%	-0.59%
Volatility (1Y) Calculated over the trailing 1-year period	19.88%	20.16%	-0.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.17%	16.26%	-0.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.22%	16.26%	+0.96%