EWJ vs. JPXN
Compare and contrast key facts about iShares MSCI Japan ETF (EWJ) and iShares JPX-Nikkei 400 ETF (JPXN).
EWJ and JPXN 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. JPXN is a passively managed fund by iShares that tracks the performance of the JPX-Nikkei Index 400. It was launched on Oct 26, 2001. Both EWJ and JPXN 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 JPXN.
Performance
EWJ vs. JPXN - Performance Comparison
Returns By Period
In the year-to-date period, EWJ achieves a 6.00% return, which is significantly lower than JPXN's 6.77% return. Both investments have delivered pretty close results over the past 10 years, with EWJ having a 5.55% annualized return and JPXN not far ahead at 5.74%.
EWJ
6.00%
-3.76%
-1.08%
10.57%
4.25%
5.55%
JPXN
6.77%
-3.91%
-0.40%
12.00%
4.45%
5.74%
Key characteristics
| EWJ | JPXN | |
|---|---|---|
| Sharpe Ratio | 0.74 | 0.81 |
| Sortino Ratio | 1.08 | 1.17 |
| Omega Ratio | 1.14 | 1.15 |
| Calmar Ratio | 0.88 | 1.01 |
| Martin Ratio | 3.23 | 3.79 |
| Ulcer Index | 3.92% | 3.64% |
| Daily Std Dev | 17.24% | 17.04% |
| Max Drawdown | -58.89% | -54.97% |
| Current Drawdown | -7.54% | -7.50% |
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. JPXN - Expense Ratio Comparison
EWJ has a 0.49% expense ratio, which is higher than JPXN's 0.48% expense ratio.
Correlation
The correlation between EWJ and JPXN is 0.92, 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.
Risk-Adjusted Performance
EWJ vs. JPXN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Japan ETF (EWJ) and iShares JPX-Nikkei 400 ETF (JPXN). 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. JPXN - Dividend Comparison
EWJ's dividend yield for the trailing twelve months is around 2.05%, less than JPXN's 2.61% 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% |
JPXN iShares JPX-Nikkei 400 ETF | 2.61% | 2.58% | 1.47% | 2.63% | 1.27% | 1.92% | 1.60% | 1.50% | 2.07% | 1.32% | 1.42% | 1.18% |
Drawdowns
EWJ vs. JPXN - Drawdown Comparison
The maximum EWJ drawdown since its inception was -58.89%, which is greater than JPXN's maximum drawdown of -54.97%. Use the drawdown chart below to compare losses from any high point for EWJ and JPXN. For additional features, visit the drawdowns tool.
Volatility
EWJ vs. JPXN - Volatility Comparison
iShares MSCI Japan ETF (EWJ) and iShares JPX-Nikkei 400 ETF (JPXN) have volatilities of 4.40% and 4.49%, 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.