EEJD.L vs. IJPH.L
EEJD.L (iShares MSCI Japan CTB Enhanced ESG UCITS ETF USD (Dist)) and IJPH.L (iShares MSCI Japan GBP Hedged UCITS ETF) are both Japan Equities funds from iShares - EEJD.L tracks the MSCI Japan ESG Enhanced CTB Index while IJPH.L tracks the MSCI Japan 100% Hedged to GBP Index. Both are passively managed. Over the past 5 years, EEJD.L returned 8.78%/yr vs 20.92%/yr for IJPH.L. Their correlation of 0.84 suggests significant overlap in exposure. EEJD.L charges 0.15%/yr vs 0.64%/yr for IJPH.L.
Performance
EEJD.L vs. IJPH.L - Performance Comparison
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Different Trading Currencies
EEJD.L is traded in USD, while IJPH.L is traded in GBP. To make them comparable, the IJPH.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, EEJD.L achieves a 16.29% return, which is significantly lower than IJPH.L's 22.86% return.
EEJD.L
- 1D
- -1.02%
- 1M
- -0.60%
- 6M
- 9.97%
- YTD
- 16.29%
- 1Y
- 36.05%
- 3Y*
- 17.05%
- 5Y*
- 8.78%
- 10Y*
- —
IJPH.L
- 1D
- 0.13%
- 1M
- 1.99%
- 6M
- 15.32%
- YTD
- 22.86%
- 1Y
- 53.76%
- 3Y*
- 30.08%
- 5Y*
- 20.92%
- 10Y*
- 15.51%
EEJD.L vs. IJPH.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
EEJD.L iShares MSCI Japan CTB Enhanced ESG UCITS ETF USD (Dist) | 16.29% | 26.10% | 4.67% | 19.98% | -17.73% | 0.41% | 17.33% | 15.33% |
IJPH.L iShares MSCI Japan GBP Hedged UCITS ETF | 22.86% | 39.14% | 21.76% | 41.27% | -14.53% | 10.92% | 12.62% | 10.77% |
Correlation
The correlation between EEJD.L and IJPH.L is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.87 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.84 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.82 |
Correlation (All Time) Calculated using the full available price history since Mar 8, 2019 | 0.84 |
The correlation between EEJD.L and IJPH.L has been stable across timeframes, ranging from 0.82 to 0.87 - a consistent structural relationship.
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Return for Risk
EEJD.L vs. IJPH.L — Risk / Return Rank
EEJD.L
IJPH.L
EEJD.L vs. IJPH.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Japan CTB Enhanced ESG UCITS ETF USD (Dist) (EEJD.L) and iShares MSCI Japan GBP Hedged UCITS ETF (IJPH.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.
| EEJD.L | IJPH.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.71 | ||
| Sortino ratioReturn per unit of downside risk | -0.82 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.42 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 2.78 | 4.51 | -1.73 |
| Martin ratioReturn relative to average drawdown | 9.14 | 16.14 | -7.00 |
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Drawdowns
EEJD.L vs. IJPH.L - Drawdown Comparison
The maximum EEJD.L drawdown since its inception was -32.93%, smaller than the maximum IJPH.L drawdown of -45.23%. Use the drawdown chart below to compare losses from any high point for EEJD.L and IJPH.L.
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Drawdown Indicators
| EEJD.L | IJPH.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.93% | -45.23% | +12.30% |
Max Drawdown (1Y)Largest decline over 1 year | -12.98% | -11.86% | -1.12% |
Max Drawdown (3Y)Largest decline over 3 years | -14.11% | -22.91% | +8.80% |
Max Drawdown (5Y)Largest decline over 5 years | -32.93% | -30.65% | -2.28% |
Max Drawdown (10Y)Largest decline over 10 years | — | -44.24% | — |
Current DrawdownCurrent decline from peak | -3.82% | -1.18% | -2.64% |
Average DrawdownAverage peak-to-trough decline | -8.12% | -12.07% | +3.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.95% | 3.32% | +0.63% |
Volatility
EEJD.L vs. IJPH.L - Volatility Comparison
The current volatility for iShares MSCI Japan CTB Enhanced ESG UCITS ETF USD (Dist) (EEJD.L) is 6.68%, while iShares MSCI Japan GBP Hedged UCITS ETF (IJPH.L) has a volatility of 7.11%. This indicates that EEJD.L experiences smaller price fluctuations and is considered to be less risky than IJPH.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EEJD.L | IJPH.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.68% | 7.11% | -0.43% |
Volatility (6M)Calculated over the trailing 6-month period | 18.40% | 18.20% | +0.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.17% | 22.92% | -0.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.48% | 22.24% | -3.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.79% | 21.79% | -3.00% |
EEJD.L vs. IJPH.L - Expense Ratio Comparison
EEJD.L has a 0.15% expense ratio, which is lower than IJPH.L's 0.64% expense ratio.
Dividends
EEJD.L vs. IJPH.L - Dividend Comparison
EEJD.L's dividend yield for the trailing twelve months is around 1.45%, while IJPH.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
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% |
IJPH.L iShares MSCI Japan GBP Hedged UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EEJD.L and IJPH.L have a correlation of 0.87, 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 0.64% for IJPH.L.
EEJD.L tracks MSCI Japan ESG Enhanced CTB Index, while IJPH.L tracks MSCI Japan 100% Hedged to GBP Index. Their fees differ too: 0.15% for EEJD.L and 0.64% for IJPH.L.
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