CRPA.L vs. LGJG.L
CRPA.L (iShares Global Corporate Bond UCITS ETF USD (Acc)) and LGJG.L (L&G Japan Equity UCITS ETF) are both exchange-traded funds - CRPA.L is a Global Corporate Bonds fund tracking the Bloomberg Gbl Agg Corp TR USD, while LGJG.L is a Japan Equities fund tracking the TOPIX TR JPY. Both are passively managed. Over the past 5 years, CRPA.L returned 0.07%/yr vs 8.90%/yr for LGJG.L. At a 0.32 correlation, their price movements are largely independent. CRPA.L charges 0.20%/yr vs 0.10%/yr for LGJG.L.
Performance
CRPA.L vs. LGJG.L - Performance Comparison
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Different Trading Currencies
CRPA.L is traded in USD, while LGJG.L is traded in GBp. To make them comparable, the LGJG.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, CRPA.L achieves a 0.14% return, which is significantly lower than LGJG.L's 14.41% return.
CRPA.L
- 1D
- 0.27%
- 1M
- 0.30%
- YTD
- 0.14%
- 6M
- 0.52%
- 1Y
- 4.68%
- 3Y*
- 5.87%
- 5Y*
- 0.07%
- 10Y*
- —
LGJG.L
- 1D
- -0.13%
- 1M
- 5.28%
- YTD
- 14.41%
- 6M
- 15.24%
- 1Y
- 30.48%
- 3Y*
- 18.32%
- 5Y*
- 8.90%
- 10Y*
- —
CRPA.L vs. LGJG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
CRPA.L iShares Global Corporate Bond UCITS ETF USD (Acc) | 0.14% | 9.97% | 1.12% | 9.38% | -16.34% | -3.65% | 10.07% | 11.31% |
LGJG.L L&G Japan Equity UCITS ETF | 14.41% | 26.32% | 8.18% | 19.64% | -16.80% | 1.10% | 16.44% | 15.53% |
Correlation
The correlation between CRPA.L and LGJG.L is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Jan 8, 2019 | 0.32 |
The correlation between CRPA.L and LGJG.L shifts across timeframes, from 0.32 (all time) to 0.52 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
CRPA.L vs. LGJG.L — Risk / Return Rank
CRPA.L
LGJG.L
CRPA.L vs. LGJG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Corporate Bond UCITS ETF USD (Acc) (CRPA.L) and L&G Japan Equity UCITS ETF (LGJG.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.
| CRPA.L | LGJG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.64 | ||
| Sortino ratioReturn per unit of downside risk | -0.96 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.29 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.28 | 2.30 | -1.02 |
| Martin ratioReturn relative to average drawdown | 4.01 | 7.66 | -3.64 |
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
| CRPA.L | LGJG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.92 | 1.56 | -0.64 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.01 | 0.50 | -0.49 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 0.62 | -0.29 |
Drawdowns
CRPA.L vs. LGJG.L - Drawdown Comparison
The maximum CRPA.L drawdown since its inception was -25.34%, smaller than the maximum LGJG.L drawdown of -32.41%. Use the drawdown chart below to compare losses from any high point for CRPA.L and LGJG.L.
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Drawdown Indicators
| CRPA.L | LGJG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.34% | -32.41% | +7.07% |
Max Drawdown (1Y)Largest decline over 1 year | -3.64% | -13.22% | +9.58% |
Max Drawdown (3Y)Largest decline over 3 years | -6.08% | -14.36% | +8.28% |
Max Drawdown (5Y)Largest decline over 5 years | -24.86% | -32.41% | +7.55% |
Current DrawdownCurrent decline from peak | -1.82% | -0.57% | -1.25% |
Average DrawdownAverage peak-to-trough decline | -7.04% | -8.18% | +1.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.16% | 3.97% | -2.81% |
Volatility
CRPA.L vs. LGJG.L - Volatility Comparison
The current volatility for iShares Global Corporate Bond UCITS ETF USD (Acc) (CRPA.L) is 1.91%, while L&G Japan Equity UCITS ETF (LGJG.L) has a volatility of 4.31%. This indicates that CRPA.L experiences smaller price fluctuations and is considered to be less risky than LGJG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CRPA.L | LGJG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.91% | 4.31% | -2.40% |
Volatility (6M)Calculated over the trailing 6-month period | 3.93% | 15.62% | -11.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.12% | 19.51% | -14.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.77% | 17.79% | -11.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.78% | 18.60% | -11.82% |
CRPA.L vs. LGJG.L - Expense Ratio Comparison
CRPA.L has a 0.20% expense ratio, which is higher than LGJG.L's 0.10% 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
CRPA.L vs. LGJG.L - Dividend Comparison
Neither CRPA.L nor LGJG.L has paid dividends to shareholders.
Frequently Asked Questions
CRPA.L and LGJG.L have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LGJG.L is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LGJG.L is cheaper with a 0.10% expense ratio, compared with 0.20% for CRPA.L.
CRPA.L is categorized as Global Corporate Bonds, while LGJG.L is Japan Equities. CRPA.L tracks Bloomberg Gbl Agg Corp TR USD, while LGJG.L tracks TOPIX TR JPY. They also come from different issuers: iShares and Legal & General. Their fees differ too: 0.20% for CRPA.L and 0.10% for LGJG.L.
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