ETLK.DE vs. CPJ1.L
Compare and contrast key facts about L&G Asia Pacific ex Japan Equity UCITS ETF (ETLK.DE) and iShares VII plc - iShares Core MSCI Pac ex-Jpn ETF USD Acc (CPJ1.L).
ETLK.DE and CPJ1.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ETLK.DE is a passively managed fund by Legal & General that tracks the performance of the Solactive Core Developed Markets Pacific ex Japan Large & Mid Cap. It was launched on Oct 8, 2018. CPJ1.L is a passively managed fund by iShares that tracks the performance of the MSCI Pacific Ex Japan NR USD. It was launched on Jan 12, 2010. Both ETLK.DE and CPJ1.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: ETLK.DE or CPJ1.L.
Key characteristics
| ETLK.DE | CPJ1.L | |
|---|---|---|
| YTD Return | 14.12% | 9.61% |
| 1Y Return | 22.67% | 18.08% |
| 3Y Return (Ann) | 4.22% | 3.57% |
| 5Y Return (Ann) | 4.80% | 4.24% |
| Sharpe Ratio | 1.71 | 1.35 |
| Sortino Ratio | 2.40 | 1.96 |
| Omega Ratio | 1.30 | 1.24 |
| Calmar Ratio | 1.70 | 1.15 |
| Martin Ratio | 9.54 | 6.37 |
| Ulcer Index | 2.38% | 2.71% |
| Daily Std Dev | 13.28% | 12.74% |
| Max Drawdown | -36.72% | -32.49% |
| Current Drawdown | -0.72% | -1.02% |
Correlation
The correlation between ETLK.DE and CPJ1.L is 0.94, 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.
Performance
ETLK.DE vs. CPJ1.L - Performance Comparison
In the year-to-date period, ETLK.DE achieves a 14.12% return, which is significantly higher than CPJ1.L's 9.61% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ETLK.DE vs. CPJ1.L - Expense Ratio Comparison
ETLK.DE has a 0.10% expense ratio, which is lower than CPJ1.L's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
ETLK.DE vs. CPJ1.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G Asia Pacific ex Japan Equity UCITS ETF (ETLK.DE) and iShares VII plc - iShares Core MSCI Pac ex-Jpn ETF USD Acc (CPJ1.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
ETLK.DE vs. CPJ1.L - Dividend Comparison
Neither ETLK.DE nor CPJ1.L has paid dividends to shareholders.
Drawdowns
ETLK.DE vs. CPJ1.L - Drawdown Comparison
The maximum ETLK.DE drawdown since its inception was -36.72%, which is greater than CPJ1.L's maximum drawdown of -32.49%. Use the drawdown chart below to compare losses from any high point for ETLK.DE and CPJ1.L. For additional features, visit the drawdowns tool.
Volatility
ETLK.DE vs. CPJ1.L - Volatility Comparison
L&G Asia Pacific ex Japan Equity UCITS ETF (ETLK.DE) and iShares VII plc - iShares Core MSCI Pac ex-Jpn ETF USD Acc (CPJ1.L) have volatilities of 4.65% and 4.78%, 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.