CESG.L vs. EEJD.L
CESG.L (First Trust Global Capital Strength ESG Leaders UCITS ETF Class A USD Acc) and EEJD.L (iShares MSCI Japan CTB Enhanced ESG UCITS ETF USD (Dist)) are both exchange-traded funds - CESG.L is a ESG fund actively managed by First Trust, while EEJD.L is a Japan Equities fund tracking the MSCI Japan ESG Enhanced CTB Index. CESG.L is actively managed, while EEJD.L is passively managed. Over the past 5 years, CESG.L returned 5.33%/yr vs 8.78%/yr for EEJD.L. A 0.55 correlation means they provide meaningful diversification when combined. CESG.L charges 0.75%/yr vs 0.15%/yr for EEJD.L.
Performance
CESG.L vs. EEJD.L - Performance Comparison
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Returns By Period
In the year-to-date period, CESG.L achieves a 2.70% return, which is significantly lower than EEJD.L's 16.29% return.
CESG.L
- 1D
- 0.11%
- 1M
- 2.28%
- 6M
- 2.77%
- YTD
- 2.70%
- 1Y
- 5.82%
- 3Y*
- 9.53%
- 5Y*
- 5.33%
- 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*
- —
CESG.L vs. EEJD.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
CESG.L First Trust Global Capital Strength ESG Leaders UCITS ETF Class A USD Acc | 2.70% | 11.47% | 9.71% | 12.32% | -13.97% | 23.33% |
EEJD.L iShares MSCI Japan CTB Enhanced ESG UCITS ETF USD (Dist) | 16.29% | 26.10% | 4.67% | 19.98% | -17.73% | 0.73% |
Correlation
The correlation between CESG.L and EEJD.L is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.47 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since Mar 9, 2021 | 0.55 |
The correlation between CESG.L and EEJD.L shifts across timeframes, from 0.41 (1 year) to 0.55 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
CESG.L vs. EEJD.L — Risk / Return Rank
CESG.L
EEJD.L
CESG.L vs. EEJD.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Global Capital Strength ESG Leaders UCITS ETF Class A USD Acc (CESG.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.
| CESG.L | EEJD.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.14 | ||
| Sortino ratioReturn per unit of downside risk | -1.65 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.30 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 0.55 | 2.78 | -2.23 |
| Martin ratioReturn relative to average drawdown | 1.42 | 9.14 | -7.72 |
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Drawdowns
CESG.L vs. EEJD.L - Drawdown Comparison
The maximum CESG.L drawdown since its inception was -22.69%, smaller than the maximum EEJD.L drawdown of -32.93%. Use the drawdown chart below to compare losses from any high point for CESG.L and EEJD.L.
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Drawdown Indicators
| CESG.L | EEJD.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.69% | -32.93% | +10.24% |
Max Drawdown (1Y)Largest decline over 1 year | -8.81% | -12.98% | +4.17% |
Max Drawdown (3Y)Largest decline over 3 years | -10.31% | -14.11% | +3.80% |
Max Drawdown (5Y)Largest decline over 5 years | -22.69% | -32.93% | +10.24% |
Current DrawdownCurrent decline from peak | -1.54% | -3.82% | +2.28% |
Average DrawdownAverage peak-to-trough decline | -5.52% | -8.12% | +2.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.41% | 3.95% | -0.54% |
Volatility
CESG.L vs. EEJD.L - Volatility Comparison
The current volatility for First Trust Global Capital Strength ESG Leaders UCITS ETF Class A USD Acc (CESG.L) is 3.44%, while iShares MSCI Japan CTB Enhanced ESG UCITS ETF USD (Dist) (EEJD.L) has a volatility of 6.68%. This indicates that CESG.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.
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Volatility by Period
| CESG.L | EEJD.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.44% | 6.68% | -3.24% |
Volatility (6M)Calculated over the trailing 6-month period | 8.01% | 18.40% | -10.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.97% | 22.17% | -12.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.62% | 18.48% | -5.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.53% | 18.79% | -6.26% |
CESG.L vs. EEJD.L - Expense Ratio Comparison
CESG.L has a 0.75% expense ratio, which is higher than EEJD.L's 0.15% expense ratio.
Dividends
CESG.L vs. EEJD.L - Dividend Comparison
CESG.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 |
|---|---|---|---|---|---|---|---|---|
CESG.L First Trust Global Capital Strength ESG Leaders UCITS ETF Class A USD Acc | 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
CESG.L and EEJD.L have a correlation of 0.41, 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 CESG.L.
CESG.L is categorized as ESG, while EEJD.L is Japan Equities. They also come from different issuers: First Trust and iShares. Their fees differ too: 0.75% for CESG.L and 0.15% for EEJD.L.
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