EEJD.L vs. LCJP.L

Last updated Jul 18, 2026

EEJD.L (iShares MSCI Japan CTB Enhanced ESG UCITS ETF USD (Dist)) and LCJP.L (Amundi MSCI Japan UCITS ETF Acc) are both Japan Equities funds - EEJD.L tracks the MSCI Japan ESG Enhanced CTB Index while LCJP.L tracks the TOPIX TR JPY. Both are passively managed. Over the past 5 years, EEJD.L returned 8.20%/yr vs 8.87%/yr for LCJP.L. Their correlation of 0.93 suggests significant overlap in exposure. EEJD.L charges 0.15%/yr vs 0.12%/yr for LCJP.L.

Performance

EEJD.L vs. LCJP.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Japan CTB Enhanced ESG UCITS ETF USD (Dist) (EEJD.L) and Amundi MSCI Japan UCITS ETF Acc (LCJP.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

EEJD.L is traded in USD, while LCJP.L is traded in GBP. To make them comparable, the LCJP.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 13.28% return, which is significantly higher than LCJP.L's 12.33% return.

EEJD.L

• 1D: -2.38%
• 1M: -4.98%
• 6M: 7.12%
• YTD: 13.28%
• 1Y: 31.33%
• 3Y*: 15.43%
• 5Y*: 8.20%
• 10Y*: —

LCJP.L

• 1D: -2.37%
• 1M: -4.94%
• 6M: 6.13%
• YTD: 12.33%
• 1Y: 30.23%
• 3Y*: 16.24%
• 5Y*: 8.87%
• 10Y*: —

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

EEJD.L vs. LCJP.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)	13.28%	26.10%	4.67%	19.98%	-17.73%	0.41%	17.33%	15.33%
LCJP.L Amundi MSCI Japan UCITS ETF Acc	12.33%	26.43%	7.09%	20.11%	-17.06%	1.31%	15.70%	13.49%

Correlation

The correlation between EEJD.L and LCJP.L is 0.95, 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	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.93
Correlation (All Time) Calculated using the full available price history since Mar 8, 2019	0.93

The correlation between EEJD.L and LCJP.L has been stable across timeframes, ranging from 0.93 to 0.95 - a consistent structural relationship.

Return for Risk

EEJD.L vs. LCJP.L — Risk / Return Rank

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

EEJD.L

EEJD.L Risk / Return Rank: 59
EEJD.L Sharpe Ratio Rank: 54
EEJD.L Sortino Ratio Rank: 58
EEJD.L Omega Ratio Rank: 56
EEJD.L Calmar Ratio Rank: 65
EEJD.L Martin Ratio Rank: 60

LCJP.L

LCJP.L Risk / Return Rank: 61
LCJP.L Sharpe Ratio Rank: 57
LCJP.L Sortino Ratio Rank: 57
LCJP.L Omega Ratio Rank: 58
LCJP.L Calmar Ratio Rank: 71
LCJP.L Martin Ratio Rank: 61

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.

EEJD.L vs. LCJP.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 Amundi MSCI Japan UCITS ETF Acc (LCJP.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	LCJP.L	Difference
Sharpe ratio: Return per unit of total volatility	1.40	1.40	0.00
Sortino ratio: Return per unit of downside risk	2.11	2.06	+0.05
Omega ratio: Gain probability vs. loss probability	1.26	1.26	0.00
Calmar ratio: Return relative to maximum drawdown	2.40	2.33	+0.08
Martin ratio: Return relative to average drawdown	7.86	7.52	+0.34

EEJD.L vs. LCJP.L - Sharpe Ratio Comparison

The current EEJD.L Sharpe Ratio is 1.40, which is comparable to the LCJP.L Sharpe Ratio of 1.40. The chart below compares the historical Sharpe Ratios of EEJD.L and LCJP.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.

Drawdowns

EEJD.L vs. LCJP.L - Drawdown Comparison

The maximum EEJD.L drawdown since its inception was -32.93%, smaller than the maximum LCJP.L drawdown of -99.51%. Use the drawdown chart below to compare losses from any high point for EEJD.L and LCJP.L.

Drawdown Indicators

	EEJD.L	LCJP.L	Difference
Max Drawdown Largest peak-to-trough decline	-32.93%	-99.51%	+66.58%
Max Drawdown (1Y) Largest decline over 1 year	-12.98%	-12.93%	-0.05%
Max Drawdown (3Y) Largest decline over 3 years	-14.11%	-15.23%	+1.12%
Max Drawdown (5Y) Largest decline over 5 years	-32.93%	-32.66%	-0.27%
Current Drawdown Current decline from peak	-6.32%	-98.79%	+92.47%
Average Drawdown Average peak-to-trough decline	-8.12%	-98.49%	+90.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.98%	4.01%	-0.03%

Volatility

EEJD.L vs. LCJP.L - Volatility Comparison

iShares MSCI Japan CTB Enhanced ESG UCITS ETF USD (Dist) (EEJD.L) and Amundi MSCI Japan UCITS ETF Acc (LCJP.L) have volatilities of 7.02% and 6.95%, 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

	EEJD.L	LCJP.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.02%	6.95%	+0.07%
Volatility (6M) Calculated over the trailing 6-month period	18.58%	17.84%	+0.74%
Volatility (1Y) Calculated over the trailing 1-year period	22.32%	21.50%	+0.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.51%	18.41%	+0.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.80%	38.92%	-20.12%

EEJD.L vs. LCJP.L - Expense Ratio Comparison

EEJD.L has a 0.15% expense ratio, which is higher than LCJP.L's 0.12% 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

EEJD.L vs. LCJP.L - Dividend Comparison

EEJD.L's dividend yield for the trailing twelve months is around 1.49%, while LCJP.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)	1.49%	1.58%	1.83%	1.74%	2.13%	1.71%	1.55%	1.73%
LCJP.L Amundi MSCI Japan UCITS ETF Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EEJD.L and LCJP.L in my portfolio?

With a correlation of 0.95, EEJD.L and LCJP.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, EEJD.L or LCJP.L?

On fees, LCJP.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EEJD.L or LCJP.L?

LCJP.L is cheaper with a 0.12% expense ratio, compared with 0.15% for EEJD.L.

What is the main difference between EEJD.L and LCJP.L?

EEJD.L tracks MSCI Japan ESG Enhanced CTB Index, while LCJP.L tracks TOPIX TR JPY. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.15% for EEJD.L and 0.12% for LCJP.L.