DXJG.L vs. IEVL.L

Last updated Jun 5, 2026

DXJG.L (WisdomTree Japan Equity UCITS ETF JPY Acc) and IEVL.L (iShares Edge MSCI Europe Value Factor UCITS ETF EUR Accumulating) are both exchange-traded funds - DXJG.L is a Japan Equities fund tracking the TOPIX TR JPY, while IEVL.L is a Europe Equities fund tracking the MSCI Europe Enhanced Value Index. Both are passively managed. Over the past 10 years, DXJG.L returned 12.04%/yr vs 11.78%/yr for IEVL.L. A 0.54 correlation means they provide meaningful diversification when combined. DXJG.L charges 0.40%/yr vs 0.25%/yr for IEVL.L.

Performance

DXJG.L vs. IEVL.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in WisdomTree Japan Equity UCITS ETF JPY Acc (DXJG.L) and iShares Edge MSCI Europe Value Factor UCITS ETF EUR Accumulating (IEVL.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

DXJG.L is traded in GBp, while IEVL.L is traded in EUR. To make them comparable, the IEVL.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, DXJG.L achieves a 17.18% return, which is significantly higher than IEVL.L's 13.11% return. Both investments have delivered pretty close results over the past 10 years, with DXJG.L having a 12.04% annualized return and IEVL.L not far behind at 11.78%.

DXJG.L

• 1D: 0.25%
• 1M: 6.33%
• YTD: 17.18%
• 6M: 17.52%
• 1Y: 36.74%
• 3Y*: 19.56%
• 5Y*: 14.28%
• 10Y*: 12.04%

IEVL.L

• 1D: 0.17%
• 1M: 4.83%
• YTD: 13.11%
• 6M: 15.93%
• 1Y: 36.39%
• 3Y*: 21.80%
• 5Y*: 14.64%
• 10Y*: 11.78%

*Multi-year figures are annualized to reflect compound growth (CAGR)

DXJG.L vs. IEVL.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DXJG.L WisdomTree Japan Equity UCITS ETF JPY Acc	17.18%	19.87%	13.08%	18.87%	1.09%	6.32%	5.73%	12.68%	-13.96%	14.74%
IEVL.L iShares Edge MSCI Europe Value Factor UCITS ETF EUR Accumulating	13.11%	42.23%	5.56%	11.28%	1.19%	19.17%	-3.59%	14.85%	-12.63%	15.13%

Correlation

The correlation between DXJG.L and IEVL.L is 0.56, 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	0.56
Correlation (3Y) Calculated over the trailing 3-year period	0.48
Correlation (5Y) Calculated over the trailing 5-year period	0.44
Correlation (10Y) Calculated over the trailing 10-year period	0.53
Correlation (All Time) Calculated using the full available price history since Nov 5, 2015	0.54

The correlation between DXJG.L and IEVL.L shifts across timeframes, from 0.44 (5 years) to 0.56 (1 year), reflecting how their relationship changes across market environments.

DXJG.L vs. IEVL.L - Sectors Allocation Comparison

Sectors	DXJG.L	IEVL.L
Industrials	28.3%	17.0%
Financial Services	19.4%	22.6%
Consumer Cyclical	16.4%	6.2%
Technology	12.8%	12.2%
Basic Materials	7.5%	6.2%
Healthcare	7.1%	12.3%
Communication Services	4.0%	3.7%
Consumer Defensive	2.6%	8.6%
Energy	2.0%	5.1%
Real Estate	-	0.6%
Utilities	-	4.5%

Return for Risk

DXJG.L vs. IEVL.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DXJG.L

DXJG.L Risk / Return Rank: 63
DXJG.L Sharpe Ratio Rank: 61
DXJG.L Sortino Ratio Rank: 60
DXJG.L Omega Ratio Rank: 61
DXJG.L Calmar Ratio Rank: 71
DXJG.L Martin Ratio Rank: 61

IEVL.L

IEVL.L Risk / Return Rank: 72
IEVL.L Sharpe Ratio Rank: 75
IEVL.L Sortino Ratio Rank: 73
IEVL.L Omega Ratio Rank: 75
IEVL.L Calmar Ratio Rank: 68
IEVL.L Martin Ratio Rank: 68

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DXJG.L vs. IEVL.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Japan Equity UCITS ETF JPY Acc (DXJG.L) and iShares Edge MSCI Europe Value Factor UCITS ETF EUR Accumulating (IEVL.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.

	DXJG.L	IEVL.L	Difference
Sharpe ratio: Return per unit of total volatility	2.01	2.68	-0.67
Sortino ratio: Return per unit of downside risk	2.80	3.61	-0.81
Omega ratio: Gain probability vs. loss probability	1.37	1.48	-0.12
Calmar ratio: Return relative to maximum drawdown	3.49	3.42	+0.06
Martin ratio: Return relative to average drawdown	10.82	12.70	-1.89
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DXJG.L vs. IEVL.L - Sharpe Ratio Comparison

The current DXJG.L Sharpe Ratio is 2.01, which is comparable to the IEVL.L Sharpe Ratio of 2.68. The chart below compares the historical Sharpe Ratios of DXJG.L and IEVL.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DXJG.L	IEVL.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.01	2.68	-0.67
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.88	0.96	-0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.75	0.69	+0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.69	0.58	+0.12

Drawdowns

DXJG.L vs. IEVL.L - Drawdown Comparison

The maximum DXJG.L drawdown since its inception was -29.26%, smaller than the maximum IEVL.L drawdown of -34.82%. Use the drawdown chart below to compare losses from any high point for DXJG.L and IEVL.L.

Drawdown Indicators

	DXJG.L	IEVL.L	Difference
Max Drawdown Largest peak-to-trough decline	-29.26%	-34.82%	+5.56%
Max Drawdown (1Y) Largest decline over 1 year	-10.49%	-10.59%	+0.10%
Max Drawdown (3Y) Largest decline over 3 years	-14.83%	-16.33%	+1.50%
Max Drawdown (5Y) Largest decline over 5 years	-14.83%	-16.48%	+1.65%
Max Drawdown (10Y) Largest decline over 10 years	-29.26%	-34.82%	+5.56%
Current Drawdown Current decline from peak	-0.86%	-0.82%	-0.04%
Average Drawdown Average peak-to-trough decline	-5.34%	-6.05%	+0.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.39%	2.86%	+0.53%

Volatility

DXJG.L vs. IEVL.L - Volatility Comparison

WisdomTree Japan Equity UCITS ETF JPY Acc (DXJG.L) and iShares Edge MSCI Europe Value Factor UCITS ETF EUR Accumulating (IEVL.L) have volatilities of 4.77% and 4.85%, 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.

Volatility by Period

	DXJG.L	IEVL.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.77%	4.85%	-0.08%
Volatility (6M) Calculated over the trailing 6-month period	14.81%	11.06%	+3.75%
Volatility (1Y) Calculated over the trailing 1-year period	18.17%	13.52%	+4.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.13%	15.24%	+0.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.11%	17.13%	-1.02%

DXJG.L vs. IEVL.L - Expense Ratio Comparison

DXJG.L has a 0.40% expense ratio, which is higher than IEVL.L's 0.25% expense ratio.

Dividends

DXJG.L vs. IEVL.L - Dividend Comparison

Neither DXJG.L nor IEVL.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both DXJG.L and IEVL.L in my portfolio?

DXJG.L and IEVL.L have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DXJG.L or IEVL.L?

On fees, IEVL.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DXJG.L or IEVL.L?

IEVL.L is cheaper with a 0.25% expense ratio, compared with 0.40% for DXJG.L.

What is the main difference between DXJG.L and IEVL.L?

DXJG.L is categorized as Japan Equities, while IEVL.L is Europe Equities. DXJG.L tracks TOPIX TR JPY, while IEVL.L tracks MSCI Europe Enhanced Value Index. They also come from different issuers: WisdomTree and iShares. Their fees differ too: 0.40% for DXJG.L and 0.25% for IEVL.L.