5HED.L vs. EEJD.L
5HED.L (Ossiam ESG Low Carbon Shiller Barclays CAPE® US Sector UCITS ETF 1A (USD)) and EEJD.L (iShares MSCI Japan CTB Enhanced ESG UCITS ETF USD (Dist)) are both exchange-traded funds - 5HED.L is a Large Cap Blend Equities fund actively managed by Ossiam, while EEJD.L is a Japan Equities fund tracking the MSCI Japan ESG Enhanced CTB Index. 5HED.L is actively managed, while EEJD.L is passively managed. Over the past 5 years, 5HED.L returned 2.73%/yr vs 8.78%/yr for EEJD.L. A 0.55 correlation means they provide meaningful diversification when combined. 5HED.L charges 0.75%/yr vs 0.15%/yr for EEJD.L.
Performance
5HED.L vs. EEJD.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, 5HED.L achieves a 2.40% return, which is significantly lower than EEJD.L's 16.29% return.
5HED.L
- 1D
- 0.61%
- 1M
- 1.51%
- 6M
- 0.20%
- YTD
- 2.40%
- 1Y
- 8.32%
- 3Y*
- 4.25%
- 5Y*
- 2.73%
- 10Y*
- —
EEJD.L
- 1D
- -1.02%
- 1M
- -0.60%
- 6M
- 9.97%
- YTD
- 16.29%
- 1Y
- 36.05%
- 3Y*
- 17.05%
- 5Y*
- 8.78%
- 10Y*
- —
5HED.L vs. EEJD.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
5HED.L Ossiam ESG Low Carbon Shiller Barclays CAPE® US Sector UCITS ETF 1A (USD) | 2.40% | 4.27% | 3.80% | 15.96% | -16.20% | 22.01% | 24.02% | 28.11% |
EEJD.L iShares MSCI Japan CTB Enhanced ESG UCITS ETF USD (Dist) | 16.29% | 26.10% | 4.67% | 19.98% | -17.73% | 0.41% | 17.33% | 15.33% |
Correlation
The correlation between 5HED.L and EEJD.L is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since Mar 8, 2019 | 0.55 |
The correlation between 5HED.L and EEJD.L shifts across timeframes, from 0.45 (1 year) to 0.55 (all time), reflecting how their relationship changes across market environments.
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
5HED.L vs. EEJD.L — Risk / Return Rank
5HED.L
EEJD.L
5HED.L vs. EEJD.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ossiam ESG Low Carbon Shiller Barclays CAPE® US Sector UCITS ETF 1A (USD) (5HED.L) and iShares MSCI Japan CTB Enhanced ESG UCITS ETF USD (Dist) (EEJD.L). 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.
| 5HED.L | EEJD.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.92 | ||
| Sortino ratioReturn per unit of downside risk | -1.34 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.30 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 0.93 | 2.78 | -1.85 |
| Martin ratioReturn relative to average drawdown | 2.31 | 9.14 | -6.83 |
Loading charts...
Drawdowns
5HED.L vs. EEJD.L - Drawdown Comparison
The maximum 5HED.L drawdown since its inception was -32.84%, roughly equal to the maximum EEJD.L drawdown of -32.93%. Use the drawdown chart below to compare losses from any high point for 5HED.L and EEJD.L.
Loading charts...
Drawdown Indicators
| 5HED.L | EEJD.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.84% | -32.93% | +0.09% |
Max Drawdown (1Y)Largest decline over 1 year | -8.95% | -12.98% | +4.03% |
Max Drawdown (3Y)Largest decline over 3 years | -18.06% | -14.11% | -3.95% |
Max Drawdown (5Y)Largest decline over 5 years | -22.17% | -32.93% | +10.76% |
Current DrawdownCurrent decline from peak | -2.94% | -3.82% | +0.88% |
Average DrawdownAverage peak-to-trough decline | -5.74% | -8.12% | +2.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.59% | 3.95% | -0.36% |
Volatility
5HED.L vs. EEJD.L - Volatility Comparison
The current volatility for Ossiam ESG Low Carbon Shiller Barclays CAPE® US Sector UCITS ETF 1A (USD) (5HED.L) is 4.43%, while iShares MSCI Japan CTB Enhanced ESG UCITS ETF USD (Dist) (EEJD.L) has a volatility of 6.68%. This indicates that 5HED.L experiences smaller price fluctuations and is considered to be less risky than EEJD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| 5HED.L | EEJD.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.43% | 6.68% | -2.25% |
Volatility (6M)Calculated over the trailing 6-month period | 9.48% | 18.40% | -8.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.80% | 22.17% | -10.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.98% | 18.48% | -2.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.26% | 18.79% | -0.53% |
5HED.L vs. EEJD.L - Expense Ratio Comparison
5HED.L has a 0.75% expense ratio, which is higher than EEJD.L's 0.15% expense ratio.
Dividends
5HED.L vs. EEJD.L - Dividend Comparison
5HED.L has not paid dividends to shareholders, while EEJD.L's dividend yield for the trailing twelve months is around 1.45%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
5HED.L Ossiam ESG Low Carbon Shiller Barclays CAPE® US Sector UCITS ETF 1A (USD) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EEJD.L iShares MSCI Japan CTB Enhanced ESG UCITS ETF USD (Dist) | 1.45% | 1.58% | 1.83% | 1.74% | 2.13% | 1.71% | 1.55% | 1.73% |
Frequently Asked Questions
5HED.L and EEJD.L have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EEJD.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EEJD.L is cheaper with a 0.15% expense ratio, compared with 0.75% for 5HED.L.
5HED.L is categorized as Large Cap Blend Equities, while EEJD.L is Japan Equities. They also come from different issuers: Ossiam and iShares. Their fees differ too: 0.75% for 5HED.L and 0.15% for EEJD.L.
Find the right allocation for 5HED.L and EEJD.L
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