EWJV vs. MJSC
EWJV (iShares MSCI Japan Value ETF) and MJSC (MUFG Japan Small Cap Active ETF) are both Japan Equities funds. EWJV is passively managed, while MJSC is actively managed. A 0.80 correlation means they provide meaningful diversification when combined. EWJV charges 0.15%/yr vs 0.85%/yr for MJSC.
Performance
EWJV vs. MJSC - Performance Comparison
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Returns By Period
In the year-to-date period, EWJV achieves a 12.37% return, which is significantly lower than MJSC's 22.08% return.
EWJV
- 1D
- -3.02%
- 1M
- -1.22%
- YTD
- 12.37%
- 6M
- 11.97%
- 1Y
- 37.31%
- 3Y*
- 22.92%
- 5Y*
- 13.50%
- 10Y*
- —
MJSC
- 1D
- -3.44%
- 1M
- -0.52%
- YTD
- 22.08%
- 6M
- 21.25%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EWJV vs. MJSC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
EWJV iShares MSCI Japan Value ETF | 12.37% | 4.85% |
MJSC MUFG Japan Small Cap Active ETF | 22.08% | -0.05% |
Correlation
The correlation between EWJV and MJSC is 0.80, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 17, 2025 | 0.80 |
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Return for Risk
EWJV vs. MJSC — Risk / Return Rank
EWJV
MJSC
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
EWJV vs. MJSC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Japan Value ETF (EWJV) and MUFG Japan Small Cap Active ETF (MJSC). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EWJV | MJSC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.35 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.54 | — | — |
| Martin ratioReturn relative to average drawdown | 7.55 | — | — |
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Drawdowns
EWJV vs. MJSC - Drawdown Comparison
The maximum EWJV drawdown since its inception was -30.05%, which is greater than MJSC's maximum drawdown of -12.63%. Use the drawdown chart below to compare losses from any high point for EWJV and MJSC.
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Drawdown Indicators
| EWJV | MJSC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.05% | -12.63% | -17.42% |
Max Drawdown (1Y)Largest decline over 1 year | -14.74% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -14.74% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -25.39% | — | — |
Current DrawdownCurrent decline from peak | -6.17% | -3.44% | -2.73% |
Average DrawdownAverage peak-to-trough decline | -6.18% | -2.94% | -3.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.96% | — | — |
Volatility
EWJV vs. MJSC - Volatility Comparison
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Volatility by Period
| EWJV | MJSC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.81% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 15.22% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 19.70% | 20.85% | -1.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.07% | 20.85% | -2.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.57% | 20.85% | -2.28% |
EWJV vs. MJSC - Expense Ratio Comparison
EWJV has a 0.15% expense ratio, which is lower than MJSC's 0.85% expense ratio.
Dividends
EWJV vs. MJSC - Dividend Comparison
EWJV's dividend yield for the trailing twelve months is around 5.06%, more than MJSC's 0.54% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
EWJV iShares MSCI Japan Value ETF | 5.06% | 5.35% | 4.10% | 3.32% | 2.71% | 2.46% | 1.96% | 4.29% |
MJSC MUFG Japan Small Cap Active ETF | 0.54% | 0.66% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EWJV and MJSC have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EWJV is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EWJV is cheaper with a 0.15% expense ratio, compared with 0.85% for MJSC.
EWJV has the higher dividend yield at 5.06%, compared with 0.54% for MJSC.
They also come from different issuers: iShares and MUFG. Their fees differ too: 0.15% for EWJV and 0.85% for MJSC.
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