CSJP.L vs. PAXG.L
Compare and contrast key facts about iShares MSCI Japan UCITS ETF USD (Acc) (CSJP.L) and Lyxor MSCI Pacific Ex Japan UCITS (PAXG.L).
CSJP.L and PAXG.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CSJP.L is a passively managed fund by iShares that tracks the performance of the TOPIX TR JPY. It was launched on Jan 11, 2010. PAXG.L is a passively managed fund by Amundi that tracks the performance of the MSCI Pacific Ex Japan NR USD. It was launched on Apr 29, 2015. Both CSJP.L and PAXG.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CSJP.L or PAXG.L.
Key characteristics
| CSJP.L | PAXG.L | |
|---|---|---|
| YTD Return | 7.28% | 9.89% |
| 1Y Return | 13.27% | 17.71% |
| 3Y Return (Ann) | 3.11% | 8.03% |
| 5Y Return (Ann) | 4.58% | 10.58% |
| Sharpe Ratio | 0.73 | 1.29 |
| Sortino Ratio | 1.05 | 1.91 |
| Omega Ratio | 1.15 | 1.24 |
| Calmar Ratio | 0.90 | 1.18 |
| Martin Ratio | 2.63 | 6.79 |
| Ulcer Index | 4.41% | 2.74% |
| Daily Std Dev | 15.94% | 13.56% |
| Max Drawdown | -24.31% | -30.13% |
| Current Drawdown | -5.08% | -1.20% |
Correlation
The correlation between CSJP.L and PAXG.L is 0.28, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
CSJP.L vs. PAXG.L - Performance Comparison
In the year-to-date period, CSJP.L achieves a 7.28% return, which is significantly lower than PAXG.L's 9.89% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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CSJP.L vs. PAXG.L - Expense Ratio Comparison
CSJP.L has a 0.48% expense ratio, which is higher than PAXG.L's 0.12% expense ratio.
Risk-Adjusted Performance
CSJP.L vs. PAXG.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Japan UCITS ETF USD (Acc) (CSJP.L) and Lyxor MSCI Pacific Ex Japan UCITS (PAXG.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.
Dividends
CSJP.L vs. PAXG.L - Dividend Comparison
CSJP.L has not paid dividends to shareholders, while PAXG.L's dividend yield for the trailing twelve months is around 3.67%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
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% |
PAXG.L Lyxor MSCI Pacific Ex Japan UCITS | 3.67% | 4.03% | 4.47% | 3.74% | 2.81% | 4.03% | 0.00% | 0.00% | 0.00% |
Drawdowns
CSJP.L vs. PAXG.L - Drawdown Comparison
The maximum CSJP.L drawdown since its inception was -24.31%, smaller than the maximum PAXG.L drawdown of -30.13%. Use the drawdown chart below to compare losses from any high point for CSJP.L and PAXG.L. For additional features, visit the drawdowns tool.
Volatility
CSJP.L vs. PAXG.L - Volatility Comparison
The current volatility for iShares MSCI Japan UCITS ETF USD (Acc) (CSJP.L) is 4.34%, while Lyxor MSCI Pacific Ex Japan UCITS (PAXG.L) has a volatility of 4.80%. This indicates that CSJP.L experiences smaller price fluctuations and is considered to be less risky than PAXG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.