CSJP.L vs. ISJP.L
CSJP.L (iShares MSCI Japan UCITS ETF USD (Acc)) and ISJP.L (iShares MSCI Japan Small Cap UCITS ETF (Dist)) are both Japan Equities funds from iShares - CSJP.L tracks the TOPIX TR JPY while ISJP.L tracks the MSCI Japan Small Cap NR JPY. Both are passively managed. Over the past 10 years, CSJP.L returned 10.09%/yr vs 8.58%/yr for ISJP.L. Their correlation of 0.84 suggests significant overlap in exposure. CSJP.L charges 0.48%/yr vs 0.58%/yr for ISJP.L.
Performance
CSJP.L vs. ISJP.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CSJP.L achieves a 16.41% return, which is significantly higher than ISJP.L's 15.08% return. Over the past 10 years, CSJP.L has outperformed ISJP.L with an annualized return of 10.09%, while ISJP.L has yielded a comparatively lower 8.58% annualized return.
CSJP.L
- 1D
- -0.24%
- 1M
- 3.98%
- YTD
- 16.41%
- 6M
- 15.69%
- 1Y
- 35.43%
- 3Y*
- 15.57%
- 5Y*
- 10.06%
- 10Y*
- 10.09%
ISJP.L
- 1D
- 0.31%
- 1M
- 4.30%
- YTD
- 15.08%
- 6M
- 15.70%
- 1Y
- 31.91%
- 3Y*
- 14.99%
- 5Y*
- 8.64%
- 10Y*
- 8.58%
CSJP.L vs. ISJP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CSJP.L iShares MSCI Japan UCITS ETF USD (Acc) | 16.41% | 17.48% | 9.01% | 13.68% | -7.33% | 1.76% | 12.16% | 13.94% | -8.52% | 13.00% |
ISJP.L iShares MSCI Japan Small Cap UCITS ETF (Dist) | 15.08% | 20.89% | 4.99% | 7.01% | -2.01% | -2.01% | 4.51% | 13.94% | -11.99% | 19.35% |
Correlation
The correlation between CSJP.L and ISJP.L is 0.78, 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 | 0.78 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.83 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.86 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.87 |
Correlation (All Time) Calculated using the full available price history since May 18, 2012 | 0.84 |
The correlation between CSJP.L and ISJP.L has been stable across timeframes, ranging from 0.78 to 0.87 - a consistent structural relationship.
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
CSJP.L vs. ISJP.L — Risk / Return Rank
CSJP.L
ISJP.L
CSJP.L vs. ISJP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Japan UCITS ETF USD (Acc) (CSJP.L) and iShares MSCI Japan Small Cap UCITS ETF (Dist) (ISJP.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.
| CSJP.L | ISJP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.21 | ||
| Sortino ratioReturn per unit of downside risk | -0.16 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.38 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.24 | 2.89 | +0.35 |
| Martin ratioReturn relative to average drawdown | 10.33 | 9.66 | +0.66 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| CSJP.L | ISJP.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.85 | 2.07 | -0.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.63 | 0.61 | +0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.63 | 0.55 | +0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.63 | 0.48 | +0.15 |
Drawdowns
CSJP.L vs. ISJP.L - Drawdown Comparison
The maximum CSJP.L drawdown since its inception was -24.31%, smaller than the maximum ISJP.L drawdown of -32.93%. Use the drawdown chart below to compare losses from any high point for CSJP.L and ISJP.L.
Loading charts...
Drawdown Indicators
| CSJP.L | ISJP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.31% | -32.93% | +8.62% |
Max Drawdown (1Y)Largest decline over 1 year | -10.49% | -10.84% | +0.35% |
Max Drawdown (3Y)Largest decline over 3 years | -14.32% | -11.23% | -3.09% |
Max Drawdown (5Y)Largest decline over 5 years | -18.68% | -21.01% | +2.33% |
Max Drawdown (10Y)Largest decline over 10 years | -24.31% | -28.98% | +4.67% |
Current DrawdownCurrent decline from peak | -0.24% | -1.25% | +1.01% |
Average DrawdownAverage peak-to-trough decline | -6.10% | -6.22% | +0.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.30% | 3.25% | +0.05% |
Volatility
CSJP.L vs. ISJP.L - Volatility Comparison
The current volatility for iShares MSCI Japan UCITS ETF USD (Acc) (CSJP.L) is 3.77%, while iShares MSCI Japan Small Cap UCITS ETF (Dist) (ISJP.L) has a volatility of 4.25%. This indicates that CSJP.L experiences smaller price fluctuations and is considered to be less risky than ISJP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CSJP.L | ISJP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.77% | 4.25% | -0.48% |
Volatility (6M)Calculated over the trailing 6-month period | 14.90% | 13.34% | +1.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.35% | 15.17% | +3.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.88% | 14.22% | +1.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.96% | 15.62% | +0.34% |
CSJP.L vs. ISJP.L - Expense Ratio Comparison
CSJP.L has a 0.48% expense ratio, which is lower than ISJP.L's 0.58% expense ratio.
Dividends
CSJP.L vs. ISJP.L - Dividend Comparison
CSJP.L has not paid dividends to shareholders, while ISJP.L's dividend yield for the trailing twelve months is around 1.67%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CSJP.L iShares MSCI Japan 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% |
ISJP.L iShares MSCI Japan Small Cap UCITS ETF (Dist) | 1.67% | 1.85% | 1.73% | 1.77% | 1.99% | 1.52% | 1.58% | 1.53% | 1.39% | 1.29% | 1.07% | 0.68% |
Frequently Asked Questions
CSJP.L and ISJP.L have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CSJP.L is cheaper at 0.48% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CSJP.L is cheaper with a 0.48% expense ratio, compared with 0.58% for ISJP.L.
CSJP.L tracks TOPIX TR JPY, while ISJP.L tracks MSCI Japan Small Cap NR JPY. Their fees differ too: 0.48% for CSJP.L and 0.58% for ISJP.L.
Find the right allocation for CSJP.L and ISJP.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