EWJ vs. CNYA
Compare and contrast key facts about iShares MSCI Japan ETF (EWJ) and iShares MSCI China A ETF (CNYA).
EWJ and CNYA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EWJ is a passively managed fund by iShares that tracks the performance of the MSCI Japan Index. It was launched on Mar 12, 1996. CNYA is a passively managed fund by iShares that tracks the performance of the MSCI China A Inclusion Index. It was launched on Jun 13, 2016. Both EWJ and CNYA 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: EWJ or CNYA.
Correlation
The correlation between EWJ and CNYA is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
EWJ vs. CNYA - Performance Comparison
Key characteristics
EWJ:
0.38
CNYA:
0.19
EWJ:
0.50
CNYA:
0.45
EWJ:
1.07
CNYA:
1.07
EWJ:
0.37
CNYA:
0.10
EWJ:
1.13
CNYA:
0.25
EWJ:
4.86%
CNYA:
19.15%
EWJ:
21.31%
CNYA:
33.85%
EWJ:
-58.89%
CNYA:
-49.48%
EWJ:
-0.83%
CNYA:
-37.48%
Returns By Period
In the year-to-date period, EWJ achieves a 7.05% return, which is significantly higher than CNYA's -0.18% return.
EWJ
7.05%
16.51%
4.25%
8.01%
8.45%
5.11%
CNYA
-0.18%
11.62%
-10.25%
6.26%
1.06%
N/A
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EWJ vs. CNYA - Expense Ratio Comparison
EWJ has a 0.49% expense ratio, which is lower than CNYA's 0.60% expense ratio.
Risk-Adjusted Performance
EWJ vs. CNYA — Risk-Adjusted Performance Rank
EWJ
CNYA
EWJ vs. CNYA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Japan ETF (EWJ) and iShares MSCI China A ETF (CNYA). 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
EWJ vs. CNYA - Dividend Comparison
EWJ's dividend yield for the trailing twelve months is around 2.19%, less than CNYA's 2.52% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EWJ iShares MSCI Japan ETF | 2.19% | 2.34% | 2.03% | 1.23% | 2.08% | 1.04% | 2.03% | 1.71% | 1.25% | 1.95% | 1.27% | 1.32% |
CNYA iShares MSCI China A ETF | 2.52% | 2.51% | 4.23% | 2.69% | 1.11% | 1.05% | 1.21% | 3.92% | 0.98% | 1.38% | 0.00% | 0.00% |
Drawdowns
EWJ vs. CNYA - Drawdown Comparison
The maximum EWJ drawdown since its inception was -58.89%, which is greater than CNYA's maximum drawdown of -49.48%. Use the drawdown chart below to compare losses from any high point for EWJ and CNYA. For additional features, visit the drawdowns tool.
Volatility
EWJ vs. CNYA - Volatility Comparison
iShares MSCI Japan ETF (EWJ) has a higher volatility of 9.03% compared to iShares MSCI China A ETF (CNYA) at 6.68%. This indicates that EWJ's price experiences larger fluctuations and is considered to be riskier than CNYA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.