36B4.DE vs. AW1I.DE
36B4.DE (iShares MSCI Japan SRI UCITS ETF USD Dist) and AW1I.DE (UBS ETF (IE) MSCI Japan ESG Universal Low Carbon Select UCITS ETF (JPY) Acc) are both Japan Equities funds - 36B4.DE tracks the MSCI Japan SRI Select Reduced Fossil Fuels while AW1I.DE tracks the MSCI Japan ESG Universal Low Carbon Select 5% Issuer Capped. Both are passively managed. Over the past 3 years, 36B4.DE returned 9.80%/yr vs 17.64%/yr for AW1I.DE. Their correlation of 0.93 suggests significant overlap in exposure. 36B4.DE charges 0.20%/yr vs 0.15%/yr for AW1I.DE.
Performance
36B4.DE vs. AW1I.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, 36B4.DE achieves a 9.48% return, which is significantly lower than AW1I.DE's 19.55% return.
36B4.DE
- 1D
- -1.25%
- 1M
- 5.00%
- 6M
- 5.52%
- YTD
- 9.48%
- 1Y
- 22.17%
- 3Y*
- 9.80%
- 5Y*
- 4.99%
- 10Y*
- —
AW1I.DE
- 1D
- 0.00%
- 1M
- 2.07%
- 6M
- 12.93%
- YTD
- 19.55%
- 1Y
- 39.39%
- 3Y*
- 17.64%
- 5Y*
- —
- 10Y*
- —
36B4.DE vs. AW1I.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
36B4.DE iShares MSCI Japan SRI UCITS ETF USD Dist | 9.48% | 6.64% | 9.02% | 9.56% | -13.77% | 4.94% |
AW1I.DE UBS ETF (IE) MSCI Japan ESG Universal Low Carbon Select UCITS ETF (JPY) Acc | 19.55% | 13.16% | 14.27% | 15.68% | -13.31% | 4.61% |
Correlation
The correlation between 36B4.DE and AW1I.DE is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.84 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.91 |
Correlation (All Time) Calculated using the full available price history since Aug 6, 2021 | 0.93 |
The correlation between 36B4.DE and AW1I.DE has been stable across timeframes, ranging from 0.84 to 0.93 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
36B4.DE vs. AW1I.DE — Risk / Return Rank
36B4.DE
AW1I.DE
36B4.DE vs. AW1I.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 ESG Universal Low Carbon Select UCITS ETF (JPY) Acc (AW1I.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.
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.
| 36B4.DE | AW1I.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.78 | ||
| Sortino ratioReturn per unit of downside risk | -1.01 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.37 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 2.04 | 3.76 | -1.72 |
| Martin ratioReturn relative to average drawdown | 5.90 | 12.20 | -6.30 |
Loading charts...
Drawdowns
36B4.DE vs. AW1I.DE - Drawdown Comparison
The maximum 36B4.DE drawdown since its inception was -26.98%, which is greater than AW1I.DE's maximum drawdown of -19.66%. Use the drawdown chart below to compare losses from any high point for 36B4.DE and AW1I.DE.
Loading charts...
Drawdown Indicators
| 36B4.DE | AW1I.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.98% | -19.66% | -7.32% |
Max Drawdown (1Y)Largest decline over 1 year | -10.82% | -10.52% | -0.30% |
Max Drawdown (3Y)Largest decline over 3 years | -15.67% | -17.12% | +1.45% |
Max Drawdown (5Y)Largest decline over 5 years | -21.57% | — | — |
Current DrawdownCurrent decline from peak | -1.25% | -2.56% | +1.31% |
Average DrawdownAverage peak-to-trough decline | -7.09% | -6.47% | -0.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.75% | 3.24% | +0.51% |
Volatility
36B4.DE vs. AW1I.DE - Volatility Comparison
The current volatility for iShares MSCI Japan SRI UCITS ETF USD Dist (36B4.DE) is 5.12%, while UBS ETF (IE) MSCI Japan ESG Universal Low Carbon Select UCITS ETF (JPY) Acc (AW1I.DE) has a volatility of 6.50%. This indicates that 36B4.DE experiences smaller price fluctuations and is considered to be less risky than AW1I.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| 36B4.DE | AW1I.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.12% | 6.50% | -1.38% |
Volatility (6M)Calculated over the trailing 6-month period | 14.23% | 16.04% | -1.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.43% | 20.00% | -1.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.34% | 16.89% | -0.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.26% | 16.89% | +0.37% |
36B4.DE vs. AW1I.DE - Expense Ratio Comparison
36B4.DE has a 0.20% expense ratio, which is higher than AW1I.DE's 0.15% 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%.
Dividends
36B4.DE vs. AW1I.DE - Dividend Comparison
36B4.DE's dividend yield for the trailing twelve months is around 1.47%, while AW1I.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
36B4.DE iShares MSCI Japan SRI UCITS ETF USD Dist | 1.47% | 1.46% | 1.38% | 1.81% | 2.45% | 1.54% | 1.60% | 0.81% |
AW1I.DE UBS ETF (IE) MSCI Japan ESG Universal Low Carbon Select UCITS ETF (JPY) Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
36B4.DE and AW1I.DE have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AW1I.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AW1I.DE is cheaper with a 0.15% expense ratio, compared with 0.20% for 36B4.DE.
36B4.DE tracks MSCI Japan SRI Select Reduced Fossil Fuels, while AW1I.DE tracks MSCI Japan ESG Universal Low Carbon Select 5% Issuer Capped. They also come from different issuers: iShares and UBS. Their fees differ too: 0.20% for 36B4.DE and 0.15% for AW1I.DE.
Find the right allocation for 36B4.DE and AW1I.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer