HMJP.L vs. VJPA.L
Compare and contrast key facts about HSBC MSCI Japan UCITS ETF USD (HMJP.L) and Vanguard FTSE Japan UCITS ETF USD Acc (VJPA.L).
HMJP.L and VJPA.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HMJP.L is a passively managed fund by HSBC that tracks the performance of the TOPIX TR JPY. It was launched on Mar 23, 2010. VJPA.L is a passively managed fund by Vanguard that tracks the performance of the FTSE Japan Index. It was launched on Sep 24, 2019. Both HMJP.L and VJPA.L 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: HMJP.L or VJPA.L.
Key characteristics
| HMJP.L | VJPA.L | |
|---|---|---|
| YTD Return | 6.75% | 6.17% |
| 1Y Return | 10.95% | 12.76% |
| 3Y Return (Ann) | 2.80% | 1.04% |
| 5Y Return (Ann) | 4.98% | 4.51% |
| Sharpe Ratio | 0.68 | 0.77 |
| Sortino Ratio | 1.00 | 1.12 |
| Omega Ratio | 1.14 | 1.15 |
| Calmar Ratio | 0.91 | 0.93 |
| Martin Ratio | 2.47 | 3.48 |
| Ulcer Index | 4.43% | 3.69% |
| Daily Std Dev | 16.01% | 16.64% |
| Max Drawdown | -24.24% | -32.06% |
| Current Drawdown | -5.67% | -6.82% |
Correlation
The correlation between HMJP.L and VJPA.L is 0.91, 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.
Performance
HMJP.L vs. VJPA.L - Performance Comparison
In the year-to-date period, HMJP.L achieves a 6.75% return, which is significantly higher than VJPA.L's 6.17% 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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HMJP.L vs. VJPA.L - Expense Ratio Comparison
HMJP.L has a 0.19% expense ratio, which is higher than VJPA.L's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
HMJP.L vs. VJPA.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC MSCI Japan UCITS ETF USD (HMJP.L) and Vanguard FTSE Japan UCITS ETF USD Acc (VJPA.L). 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
HMJP.L vs. VJPA.L - Dividend Comparison
HMJP.L's dividend yield for the trailing twelve months is around 1.67%, while VJPA.L has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HMJP.L HSBC MSCI Japan UCITS ETF USD | 1.67% | 1.75% | 1.98% | 1.53% | 1.68% | 1.83% | 1.73% | 1.41% | 1.27% | 1.10% | 1.28% | 1.44% |
VJPA.L Vanguard FTSE Japan UCITS ETF USD Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
HMJP.L vs. VJPA.L - Drawdown Comparison
The maximum HMJP.L drawdown since its inception was -24.24%, smaller than the maximum VJPA.L drawdown of -32.06%. Use the drawdown chart below to compare losses from any high point for HMJP.L and VJPA.L. For additional features, visit the drawdowns tool.
Volatility
HMJP.L vs. VJPA.L - Volatility Comparison
HSBC MSCI Japan UCITS ETF USD (HMJP.L) has a higher volatility of 4.61% compared to Vanguard FTSE Japan UCITS ETF USD Acc (VJPA.L) at 4.33%. This indicates that HMJP.L's price experiences larger fluctuations and is considered to be riskier than VJPA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.