APJX.DE vs. EUNJ.DE
APJX.DE (iShares MSCI Pacific ex-Japan ESG Enhanced UCITS ETF USD Acc) and EUNJ.DE (iShares MSCI Pacific ex-Japan UCITS ETF (Dist)) are both Asia Pacific Equities funds from iShares - APJX.DE tracks the MSCI Pacific ex Japan ESG Enhanced Focus while EUNJ.DE tracks the MSCI Pacific ex Japan. Both are passively managed. Over the past 3 years, APJX.DE returned 7.63%/yr vs 9.84%/yr for EUNJ.DE. With a 0.97 correlation, they move nearly in lockstep. APJX.DE charges 0.20%/yr vs 0.60%/yr for EUNJ.DE.
Performance
APJX.DE vs. EUNJ.DE - Performance Comparison
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Returns By Period
In the year-to-date period, APJX.DE achieves a 5.20% return, which is significantly lower than EUNJ.DE's 8.50% return.
APJX.DE
- 1D
- -0.66%
- 1M
- -1.60%
- YTD
- 5.20%
- 6M
- 6.14%
- 1Y
- 8.80%
- 3Y*
- 7.63%
- 5Y*
- —
- 10Y*
- —
EUNJ.DE
- 1D
- -0.88%
- 1M
- 0.07%
- YTD
- 8.50%
- 6M
- 9.89%
- 1Y
- 13.18%
- 3Y*
- 9.84%
- 5Y*
- 5.36%
- 10Y*
- 7.05%
APJX.DE vs. EUNJ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
APJX.DE iShares MSCI Pacific ex-Japan ESG Enhanced UCITS ETF USD Acc | 5.20% | 5.91% | 11.45% | 0.12% | -6.30% |
EUNJ.DE iShares MSCI Pacific ex-Japan UCITS ETF (Dist) | 8.50% | 6.56% | 11.50% | 1.85% | -6.32% |
Correlation
The correlation between APJX.DE and EUNJ.DE is 0.93, 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 | 0.93 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.96 |
Correlation (All Time) Calculated using the full available price history since Mar 30, 2022 | 0.97 |
The correlation between APJX.DE and EUNJ.DE has been stable across timeframes, ranging from 0.93 to 0.97 - a consistent structural relationship.
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Return for Risk
APJX.DE vs. EUNJ.DE — Risk / Return Rank
APJX.DE
EUNJ.DE
APJX.DE vs. EUNJ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Pacific ex-Japan ESG Enhanced UCITS ETF USD Acc (APJX.DE) and iShares MSCI Pacific ex-Japan UCITS ETF (Dist) (EUNJ.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.
| APJX.DE | EUNJ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.44 | ||
| Sortino ratioReturn per unit of downside risk | -0.61 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.20 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.04 | 2.14 | -1.10 |
| Martin ratioReturn relative to average drawdown | 2.88 | 6.18 | -3.30 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| APJX.DE | EUNJ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.70 | 1.14 | -0.44 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.36 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.42 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.25 | 0.35 | -0.10 |
Drawdowns
APJX.DE vs. EUNJ.DE - Drawdown Comparison
The maximum APJX.DE drawdown since its inception was -19.95%, smaller than the maximum EUNJ.DE drawdown of -36.95%. Use the drawdown chart below to compare losses from any high point for APJX.DE and EUNJ.DE.
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Drawdown Indicators
| APJX.DE | EUNJ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.95% | -36.95% | +17.00% |
Max Drawdown (1Y)Largest decline over 1 year | -8.45% | -6.13% | -2.32% |
Max Drawdown (3Y)Largest decline over 3 years | -19.95% | -20.39% | +0.44% |
Max Drawdown (5Y)Largest decline over 5 years | — | -20.39% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -36.95% | — |
Current DrawdownCurrent decline from peak | -5.71% | -2.02% | -3.69% |
Average DrawdownAverage peak-to-trough decline | -6.34% | -6.94% | +0.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.05% | 2.13% | +0.92% |
Volatility
APJX.DE vs. EUNJ.DE - Volatility Comparison
iShares MSCI Pacific ex-Japan ESG Enhanced UCITS ETF USD Acc (APJX.DE) and iShares MSCI Pacific ex-Japan UCITS ETF (Dist) (EUNJ.DE) have volatilities of 2.92% and 3.04%, 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.
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Volatility by Period
| APJX.DE | EUNJ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.92% | 3.04% | -0.12% |
Volatility (6M)Calculated over the trailing 6-month period | 9.89% | 8.80% | +1.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.61% | 11.57% | +1.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.89% | 14.61% | +0.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.89% | 16.54% | -1.65% |
APJX.DE vs. EUNJ.DE - Expense Ratio Comparison
APJX.DE has a 0.20% expense ratio, which is lower than EUNJ.DE's 0.60% expense ratio.
Dividends
APJX.DE vs. EUNJ.DE - Dividend Comparison
APJX.DE has not paid dividends to shareholders, while EUNJ.DE's dividend yield for the trailing twelve months is around 2.46%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
APJX.DE iShares MSCI Pacific ex-Japan ESG Enhanced UCITS ETF USD Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EUNJ.DE iShares MSCI Pacific ex-Japan UCITS ETF (Dist) | 2.46% | 2.95% | 3.35% | 3.56% | 3.92% | 2.79% | 2.64% | 3.52% | 3.78% | 3.41% | 3.31% | 3.34% |
Frequently Asked Questions
With a correlation of 0.93, APJX.DE and EUNJ.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, APJX.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
APJX.DE is cheaper with a 0.20% expense ratio, compared with 0.60% for EUNJ.DE.
APJX.DE tracks MSCI Pacific ex Japan ESG Enhanced Focus, while EUNJ.DE tracks MSCI Pacific ex Japan. Their fees differ too: 0.20% for APJX.DE and 0.60% for EUNJ.DE.
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