EZJ vs. MJSC
EZJ (ProShares Ultra MSCI Japan) and MJSC (MUFG Japan Small Cap Active ETF) are both Japan Equities funds. EZJ is passively managed, while MJSC is actively managed. Their correlation of 0.81 suggests significant overlap in exposure. EZJ charges 0.95%/yr vs 0.85%/yr for MJSC.
Performance
EZJ vs. MJSC - Performance Comparison
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Returns By Period
In the year-to-date period, EZJ achieves a 26.97% return, which is significantly higher than MJSC's 23.68% return.
EZJ
- 1D
- -0.86%
- 1M
- -2.08%
- 6M
- 15.00%
- YTD
- 26.97%
- 1Y
- 66.17%
- 3Y*
- 24.71%
- 5Y*
- 8.65%
- 10Y*
- 10.26%
MJSC
- 1D
- -0.04%
- 1M
- 1.04%
- 6M
- 18.52%
- YTD
- 23.68%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EZJ vs. MJSC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
EZJ ProShares Ultra MSCI Japan | 26.97% | 3.59% |
MJSC MUFG Japan Small Cap Active ETF | 23.68% | -0.05% |
Correlation
The correlation between EZJ and MJSC is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 17, 2025 | 0.81 |
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Return for Risk
EZJ vs. MJSC — Risk / Return Rank
EZJ
MJSC
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
EZJ vs. MJSC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra MSCI Japan (EZJ) 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.
| EZJ | MJSC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.28 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.48 | — | — |
| Martin ratioReturn relative to average drawdown | 7.44 | — | — |
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Drawdowns
EZJ vs. MJSC - Drawdown Comparison
The maximum EZJ drawdown since its inception was -58.63%, which is greater than MJSC's maximum drawdown of -12.63%. Use the drawdown chart below to compare losses from any high point for EZJ and MJSC.
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Drawdown Indicators
| EZJ | MJSC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.63% | -12.63% | -46.00% |
Max Drawdown (1Y)Largest decline over 1 year | -26.78% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -31.48% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -58.63% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -58.63% | — | — |
Current DrawdownCurrent decline from peak | -7.93% | -2.56% | -5.37% |
Average DrawdownAverage peak-to-trough decline | -21.19% | -2.88% | -18.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.92% | — | — |
Volatility
EZJ vs. MJSC - Volatility Comparison
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Volatility by Period
| EZJ | MJSC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.81% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 34.73% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 42.43% | 20.78% | +21.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.22% | 20.78% | +16.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.69% | 20.78% | +13.91% |
EZJ vs. MJSC - Expense Ratio Comparison
EZJ has a 0.95% expense ratio, which is higher than MJSC's 0.85% expense ratio.
Dividends
EZJ vs. MJSC - Dividend Comparison
EZJ's dividend yield for the trailing twelve months is around 1.87%, more than MJSC's 0.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
EZJ ProShares Ultra MSCI Japan | 1.87% | 1.13% | 2.09% | 1.11% | 0.56% | 0.00% | 0.00% | 0.24% | 4.49% |
MJSC MUFG Japan Small Cap Active ETF | 0.53% | 0.66% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EZJ and MJSC have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MJSC is cheaper at 0.85% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MJSC is cheaper with a 0.85% expense ratio, compared with 0.95% for EZJ.
EZJ has the higher dividend yield at 1.87%, compared with 0.53% for MJSC.
They also come from different issuers: ProShares and MUFG. Their fees differ too: 0.95% for EZJ and 0.85% for MJSC.
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