EWJ vs. IEUR
Compare and contrast key facts about iShares MSCI Japan ETF (EWJ) and iShares Core MSCI Europe ETF (IEUR).
EWJ and IEUR 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. IEUR is a passively managed fund by iShares that tracks the performance of the MSCI Europe Investable Market Index. It was launched on Jun 10, 2014. Both EWJ and IEUR 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 IEUR.
Performance
EWJ vs. IEUR - Performance Comparison
Returns By Period
In the year-to-date period, EWJ achieves a 6.00% return, which is significantly higher than IEUR's 2.71% return. Over the past 10 years, EWJ has outperformed IEUR with an annualized return of 5.55%, while IEUR has yielded a comparatively lower 5.12% annualized return.
EWJ
6.00%
-3.76%
-1.08%
10.57%
4.25%
5.55%
IEUR
2.71%
-6.97%
-6.10%
9.55%
5.86%
5.12%
Key characteristics
| EWJ | IEUR | |
|---|---|---|
| Sharpe Ratio | 0.74 | 0.84 |
| Sortino Ratio | 1.08 | 1.22 |
| Omega Ratio | 1.14 | 1.15 |
| Calmar Ratio | 0.88 | 1.09 |
| Martin Ratio | 3.23 | 3.78 |
| Ulcer Index | 3.92% | 2.93% |
| Daily Std Dev | 17.24% | 13.14% |
| Max Drawdown | -58.89% | -36.96% |
| Current Drawdown | -7.54% | -9.97% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
EWJ vs. IEUR - Expense Ratio Comparison
EWJ has a 0.49% expense ratio, which is higher than IEUR's 0.09% expense ratio.
Correlation
The correlation between EWJ and IEUR is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
EWJ vs. IEUR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Japan ETF (EWJ) and iShares Core MSCI Europe ETF (IEUR). 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. IEUR - Dividend Comparison
EWJ's dividend yield for the trailing twelve months is around 2.05%, less than IEUR's 3.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EWJ iShares MSCI Japan ETF | 2.05% | 2.03% | 1.23% | 2.08% | 1.04% | 2.03% | 1.71% | 1.25% | 1.95% | 1.27% | 1.32% | 1.11% |
IEUR iShares Core MSCI Europe ETF | 3.18% | 3.17% | 3.05% | 2.87% | 2.13% | 3.26% | 3.76% | 2.64% | 3.19% | 2.79% | 0.64% | 0.00% |
Drawdowns
EWJ vs. IEUR - Drawdown Comparison
The maximum EWJ drawdown since its inception was -58.89%, which is greater than IEUR's maximum drawdown of -36.96%. Use the drawdown chart below to compare losses from any high point for EWJ and IEUR. For additional features, visit the drawdowns tool.
Volatility
EWJ vs. IEUR - Volatility Comparison
iShares MSCI Japan ETF (EWJ) and iShares Core MSCI Europe ETF (IEUR) have volatilities of 4.40% and 4.36%, 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.