EPOL vs. IBCJ.DE

Last updated Apr 1, 2026

Compare and contrast key facts about iShares MSCI Poland ETF (EPOL) and iShares MSCI Poland UCITS ETF USD (Acc) (IBCJ.DE).

EPOL and IBCJ.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EPOL is a passively managed fund by iShares that tracks the performance of the MSCI Poland Investable Market Index. It was launched on May 25, 2010. IBCJ.DE is a passively managed fund by iShares that tracks the performance of the MSCI Poland. It was launched on Jan 21, 2011. Both EPOL and IBCJ.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

EPOL vs. IBCJ.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Poland ETF (EPOL) and iShares MSCI Poland UCITS ETF USD (Acc) (IBCJ.DE). The values are adjusted to include any dividend payments, if applicable.

EPOL vs. IBCJ.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EPOL iShares MSCI Poland ETF	3.47%	77.34%	-2.61%	50.70%	-24.62%	12.21%	-8.38%	-6.13%	-13.76%	52.43%
IBCJ.DE iShares MSCI Poland UCITS ETF USD (Acc)	0.81%	73.47%	-6.12%	48.40%	-26.05%	5.32%	-10.74%	-5.77%	-13.35%	54.76%

Different Trading Currencies

EPOL is traded in USD, while IBCJ.DE is traded in EUR. To make them comparable, the IBCJ.DE values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, EPOL achieves a 3.47% return, which is significantly higher than IBCJ.DE's 0.81% return. Over the past 10 years, EPOL has outperformed IBCJ.DE with an annualized return of 9.02%, while IBCJ.DE has yielded a comparatively lower 6.65% annualized return.

EPOL

• 1D: 5.11%
• 1M: -4.51%
• YTD: 3.47%
• 6M: 16.88%
• 1Y: 36.71%
• 3Y*: 39.07%
• 5Y*: 18.46%
• 10Y*: 9.02%

IBCJ.DE

• 1D: 2.58%
• 1M: -6.75%
• YTD: 0.81%
• 6M: 15.42%
• 1Y: 34.44%
• 3Y*: 35.45%
• 5Y*: 15.38%
• 10Y*: 6.65%

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

EPOL vs. IBCJ.DE - Expense Ratio Comparison

EPOL has a 0.61% expense ratio, which is lower than IBCJ.DE's 0.74% expense ratio.

IBCJ.DE

iShares MSCI Poland UCITS ETF USD (Acc)

EPOL

iShares MSCI Poland ETF

Return for Risk

EPOL vs. IBCJ.DE — Risk / Return Rank

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

EPOL

EPOL Risk / Return Rank: 78
EPOL Sharpe Ratio Rank: 76
EPOL Sortino Ratio Rank: 80
EPOL Omega Ratio Rank: 71
EPOL Calmar Ratio Rank: 84
EPOL Martin Ratio Rank: 79

IBCJ.DE

IBCJ.DE Risk / Return Rank: 54
IBCJ.DE Sharpe Ratio Rank: 56
IBCJ.DE Sortino Ratio Rank: 56
IBCJ.DE Omega Ratio Rank: 48
IBCJ.DE Calmar Ratio Rank: 60
IBCJ.DE Martin Ratio Rank: 51

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.

EPOL vs. IBCJ.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Poland ETF (EPOL) and iShares MSCI Poland UCITS ETF USD (Acc) (IBCJ.DE). 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.

	EPOL	IBCJ.DE	Difference
Sharpe ratio Return per unit of total volatility	1.33	1.26	+0.07
Sortino ratio Return per unit of downside risk	1.99	1.82	+0.18
Omega ratio Gain probability vs. loss probability	1.26	1.23	+0.03
Calmar ratio Return relative to maximum drawdown	2.35	2.17	+0.18
Martin ratio Return relative to average drawdown	8.16	6.99	+1.18
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EPOL vs. IBCJ.DE - Sharpe Ratio Comparison

The current EPOL Sharpe Ratio is 1.33, which is comparable to the IBCJ.DE Sharpe Ratio of 1.26. The chart below compares the historical Sharpe Ratios of EPOL and IBCJ.DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EPOL	IBCJ.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.33	1.26	+0.07
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.64	0.52	+0.13
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.33	0.24	+0.09
Sharpe Ratio (All Time) Calculated using the full available price history	0.19	0.05	+0.15

Correlation

The correlation between EPOL and IBCJ.DE is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

EPOL vs. IBCJ.DE - Dividend Comparison

EPOL's dividend yield for the trailing twelve months is around 4.62%, while IBCJ.DE has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EPOL iShares MSCI Poland ETF	4.62%	4.78%	6.04%	2.87%	2.65%	1.33%	1.44%	2.51%	1.44%	1.88%	2.14%	2.53%
IBCJ.DE iShares MSCI Poland 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%

Drawdowns

EPOL vs. IBCJ.DE - Drawdown Comparison

The maximum EPOL drawdown since its inception was -63.72%, smaller than the maximum IBCJ.DE drawdown of -67.54%. Use the drawdown chart below to compare losses from any high point for EPOL and IBCJ.DE.

Drawdown Indicators

	EPOL	IBCJ.DE	Difference
Max Drawdown Largest peak-to-trough decline	-63.72%	-56.11%	-7.61%
Max Drawdown (1Y) Largest decline over 1 year	-14.76%	-15.11%	+0.35%
Max Drawdown (5Y) Largest decline over 5 years	-54.21%	-47.31%	-6.90%
Max Drawdown (10Y) Largest decline over 10 years	-61.41%	-56.11%	-5.30%
Current Drawdown Current decline from peak	-6.06%	-6.37%	+0.31%
Average Drawdown Average peak-to-trough decline	-27.16%	-19.58%	-7.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.25%	4.68%	-0.43%

Volatility

EPOL vs. IBCJ.DE - Volatility Comparison

iShares MSCI Poland ETF (EPOL) and iShares MSCI Poland UCITS ETF USD (Acc) (IBCJ.DE) have volatilities of 10.66% and 11.20%, 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

	EPOL	IBCJ.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.66%	11.20%	-0.54%
Volatility (6M) Calculated over the trailing 6-month period	16.40%	17.47%	-1.07%
Volatility (1Y) Calculated over the trailing 1-year period	27.80%	27.31%	+0.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.02%	29.54%	-0.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.67%	27.43%	+0.24%