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AAXJ vs. ACWI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between AAXJ and ACWI is 0.72, 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.


-0.50.00.51.0
Correlation: 0.7

Performance

AAXJ vs. ACWI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI All Country Asia ex-Japan ETF (AAXJ) and iShares MSCI ACWI ETF (ACWI). The values are adjusted to include any dividend payments, if applicable.

100.00%150.00%200.00%250.00%NovemberDecember2025FebruaryMarchApril
97.04%
241.38%
AAXJ
ACWI

Key characteristics

Sharpe Ratio

AAXJ:

0.61

ACWI:

0.63

Sortino Ratio

AAXJ:

1.00

ACWI:

1.00

Omega Ratio

AAXJ:

1.13

ACWI:

1.15

Calmar Ratio

AAXJ:

0.40

ACWI:

0.68

Martin Ratio

AAXJ:

1.75

ACWI:

3.09

Ulcer Index

AAXJ:

7.18%

ACWI:

3.64%

Daily Std Dev

AAXJ:

20.69%

ACWI:

17.87%

Max Drawdown

AAXJ:

-49.37%

ACWI:

-56.00%

Current Drawdown

AAXJ:

-22.26%

ACWI:

-6.94%

Returns By Period

In the year-to-date period, AAXJ achieves a 1.62% return, which is significantly higher than ACWI's -1.69% return. Over the past 10 years, AAXJ has underperformed ACWI with an annualized return of 2.43%, while ACWI has yielded a comparatively higher 8.48% annualized return.


AAXJ

YTD

1.62%

1M

-3.27%

6M

-3.54%

1Y

10.80%

5Y*

5.07%

10Y*

2.43%

ACWI

YTD

-1.69%

1M

-3.56%

6M

-2.10%

1Y

10.10%

5Y*

13.55%

10Y*

8.48%

*Annualized

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AAXJ vs. ACWI - Expense Ratio Comparison

AAXJ has a 0.68% expense ratio, which is higher than ACWI's 0.32% expense ratio.


Expense ratio chart for AAXJ: current value is 0.68%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
AAXJ: 0.68%
Expense ratio chart for ACWI: current value is 0.32%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
ACWI: 0.32%

Risk-Adjusted Performance

AAXJ vs. ACWI — Risk-Adjusted Performance Rank

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

AAXJ
The Risk-Adjusted Performance Rank of AAXJ is 6262
Overall Rank
The Sharpe Ratio Rank of AAXJ is 6565
Sharpe Ratio Rank
The Sortino Ratio Rank of AAXJ is 6767
Sortino Ratio Rank
The Omega Ratio Rank of AAXJ is 6464
Omega Ratio Rank
The Calmar Ratio Rank of AAXJ is 5656
Calmar Ratio Rank
The Martin Ratio Rank of AAXJ is 5757
Martin Ratio Rank

ACWI
The Risk-Adjusted Performance Rank of ACWI is 7171
Overall Rank
The Sharpe Ratio Rank of ACWI is 6767
Sharpe Ratio Rank
The Sortino Ratio Rank of ACWI is 6767
Sortino Ratio Rank
The Omega Ratio Rank of ACWI is 6969
Omega Ratio Rank
The Calmar Ratio Rank of ACWI is 7575
Calmar Ratio Rank
The Martin Ratio Rank of ACWI is 7575
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

AAXJ vs. ACWI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI All Country Asia ex-Japan ETF (AAXJ) and iShares MSCI ACWI ETF (ACWI). 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.


The chart of Sharpe ratio for AAXJ, currently valued at 0.61, compared to the broader market-1.000.001.002.003.004.00
AAXJ: 0.61
ACWI: 0.63
The chart of Sortino ratio for AAXJ, currently valued at 1.00, compared to the broader market-2.000.002.004.006.008.00
AAXJ: 1.00
ACWI: 1.00
The chart of Omega ratio for AAXJ, currently valued at 1.13, compared to the broader market0.501.001.502.002.50
AAXJ: 1.13
ACWI: 1.15
The chart of Calmar ratio for AAXJ, currently valued at 0.40, compared to the broader market0.002.004.006.008.0010.0012.00
AAXJ: 0.40
ACWI: 0.68
The chart of Martin ratio for AAXJ, currently valued at 1.75, compared to the broader market0.0020.0040.0060.00
AAXJ: 1.75
ACWI: 3.09

The current AAXJ Sharpe Ratio is 0.61, which is comparable to the ACWI Sharpe Ratio of 0.63. The chart below compares the historical Sharpe Ratios of AAXJ and ACWI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.00NovemberDecember2025FebruaryMarchApril
0.61
0.63
AAXJ
ACWI

Dividends

AAXJ vs. ACWI - Dividend Comparison

AAXJ's dividend yield for the trailing twelve months is around 1.83%, more than ACWI's 1.73% yield.


TTM20242023202220212020201920182017201620152014
AAXJ
iShares MSCI All Country Asia ex-Japan ETF
1.83%1.86%2.26%1.73%2.21%1.06%1.83%2.10%1.99%1.77%2.44%1.78%
ACWI
iShares MSCI ACWI ETF
1.73%1.70%1.88%1.79%1.71%1.43%2.33%2.25%1.94%2.19%2.56%2.26%

Drawdowns

AAXJ vs. ACWI - Drawdown Comparison

The maximum AAXJ drawdown since its inception was -49.37%, smaller than the maximum ACWI drawdown of -56.00%. Use the drawdown chart below to compare losses from any high point for AAXJ and ACWI. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-22.26%
-6.94%
AAXJ
ACWI

Volatility

AAXJ vs. ACWI - Volatility Comparison

The current volatility for iShares MSCI All Country Asia ex-Japan ETF (AAXJ) is 11.85%, while iShares MSCI ACWI ETF (ACWI) has a volatility of 13.06%. This indicates that AAXJ experiences smaller price fluctuations and is considered to be less risky than ACWI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%NovemberDecember2025FebruaryMarchApril
11.85%
13.06%
AAXJ
ACWI