EWJ vs. ^N225
Compare and contrast key facts about iShares MSCI Japan ETF (EWJ) and Nikkei 225 (^N225).
EWJ is a passively managed fund by iShares that tracks the performance of the MSCI Japan Index. It was launched on Mar 12, 1996.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EWJ or ^N225.
Key characteristics
| EWJ | ^N225 | |
|---|---|---|
| YTD Return | 6.75% | 14.26% |
| 1Y Return | 19.24% | 31.13% |
| 3Y Return (Ann) | 1.91% | 10.09% |
| 5Y Return (Ann) | 5.93% | 11.73% |
| 10Y Return (Ann) | 6.04% | 10.39% |
| Sharpe Ratio | 1.35 | 1.95 |
| Daily Std Dev | 14.80% | 17.31% |
| Max Drawdown | -58.89% | -81.87% |
| Current Drawdown | -4.68% | -6.49% |
Correlation
The correlation between EWJ and ^N225 is 0.41, 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.
Performance
EWJ vs. ^N225 - Performance Comparison
In the year-to-date period, EWJ achieves a 6.75% return, which is significantly lower than ^N225's 14.26% return. Over the past 10 years, EWJ has underperformed ^N225 with an annualized return of 6.04%, while ^N225 has yielded a comparatively higher 10.39% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
EWJ vs. ^N225 - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Japan ETF (EWJ) and Nikkei 225 (^N225). 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.
Drawdowns
EWJ vs. ^N225 - Drawdown Comparison
The maximum EWJ drawdown since its inception was -58.89%, smaller than the maximum ^N225 drawdown of -81.87%. Use the drawdown chart below to compare losses from any high point for EWJ and ^N225. For additional features, visit the drawdowns tool.
Volatility
EWJ vs. ^N225 - Volatility Comparison
The current volatility for iShares MSCI Japan ETF (EWJ) is 4.56%, while Nikkei 225 (^N225) has a volatility of 6.45%. This indicates that EWJ experiences smaller price fluctuations and is considered to be less risky than ^N225 based on this measure. The chart below showcases a comparison of their rolling one-month volatility.