IDFF.L vs. CJPU.L
IDFF.L (iShares MSCI AC Far East ex-Japan UCITS ETF USD (Dist)) and CJPU.L (iShares MSCI Japan UCITS ETF USD (Acc)) are both exchange-traded funds - IDFF.L is a Asia Pacific Equities fund tracking the MSCI All Country World Far East Ex Japan USD Index (USD), while CJPU.L is a Japan Equities fund tracking the MSCI Japan Index (Net). Both are passively managed. Over the past 10 years, IDFF.L returned 9.44%/yr vs 8.85%/yr for CJPU.L. At a 0.45 correlation, their price movements are largely independent. IDFF.L charges 0.74%/yr vs 0.12%/yr for CJPU.L.
Performance
IDFF.L vs. CJPU.L - Performance Comparison
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Returns By Period
In the year-to-date period, IDFF.L achieves a 23.86% return, which is significantly higher than CJPU.L's 12.44% return. Over the past 10 years, IDFF.L has outperformed CJPU.L with an annualized return of 9.44%, while CJPU.L has yielded a comparatively lower 8.85% annualized return.
IDFF.L
- 1D
- -2.62%
- 1M
- -10.76%
- 6M
- 15.47%
- YTD
- 23.86%
- 1Y
- 42.96%
- 3Y*
- 23.21%
- 5Y*
- 6.60%
- 10Y*
- 9.44%
CJPU.L
- 1D
- -2.51%
- 1M
- -5.70%
- 6M
- 6.20%
- YTD
- 12.44%
- 1Y
- 30.44%
- 3Y*
- 16.15%
- 5Y*
- 8.69%
- 10Y*
- 8.85%
IDFF.L vs. CJPU.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IDFF.L iShares MSCI AC Far East ex-Japan UCITS ETF USD (Dist) | 23.86% | 39.49% | 12.16% | 1.47% | -21.79% | -9.20% | 25.91% | 17.27% | -15.18% | 41.70% |
CJPU.L iShares MSCI Japan UCITS ETF USD (Acc) | 12.44% | 26.13% | 7.33% | 20.25% | -17.32% | 0.50% | 16.08% | 17.64% | -13.50% | 24.10% |
Correlation
The correlation between IDFF.L and CJPU.L is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.64 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.55 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.57 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.59 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2010 | 0.45 |
The correlation between IDFF.L and CJPU.L shifts across timeframes, from 0.45 (all time) to 0.64 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
IDFF.L vs. CJPU.L — Risk / Return Rank
IDFF.L
CJPU.L
IDFF.L vs. CJPU.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI AC Far East ex-Japan UCITS ETF USD (Dist) (IDFF.L) and iShares MSCI Japan UCITS ETF USD (Acc) (CJPU.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.
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.
| IDFF.L | CJPU.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.33 | ||
| Sortino ratioReturn per unit of downside risk | +0.21 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.26 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 3.27 | 2.37 | +0.91 |
| Martin ratioReturn relative to average drawdown | 9.75 | 7.70 | +2.04 |
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Drawdowns
IDFF.L vs. CJPU.L - Drawdown Comparison
The maximum IDFF.L drawdown since its inception was -64.08%, which is greater than CJPU.L's maximum drawdown of -32.64%. Use the drawdown chart below to compare losses from any high point for IDFF.L and CJPU.L.
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Drawdown Indicators
| IDFF.L | CJPU.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.08% | -32.64% | -31.44% |
Max Drawdown (1Y)Largest decline over 1 year | -13.06% | -12.79% | -0.27% |
Max Drawdown (3Y)Largest decline over 3 years | -19.77% | -14.74% | -5.03% |
Max Drawdown (5Y)Largest decline over 5 years | -43.26% | -32.64% | -10.62% |
Max Drawdown (10Y)Largest decline over 10 years | -50.09% | -32.64% | -17.45% |
Current DrawdownCurrent decline from peak | -13.06% | -7.07% | -5.99% |
Average DrawdownAverage peak-to-trough decline | -18.18% | -5.86% | -12.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.40% | 3.94% | +0.46% |
Volatility
IDFF.L vs. CJPU.L - Volatility Comparison
iShares MSCI AC Far East ex-Japan UCITS ETF USD (Dist) (IDFF.L) has a higher volatility of 10.68% compared to iShares MSCI Japan UCITS ETF USD (Acc) (CJPU.L) at 7.14%. This indicates that IDFF.L's price experiences larger fluctuations and is considered to be riskier than CJPU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IDFF.L | CJPU.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.68% | 7.14% | +3.54% |
Volatility (6M)Calculated over the trailing 6-month period | 22.20% | 18.29% | +3.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.91% | 21.85% | +3.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.34% | 18.44% | +3.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.83% | 17.12% | +3.71% |
IDFF.L vs. CJPU.L - Expense Ratio Comparison
IDFF.L has a 0.74% expense ratio, which is higher than CJPU.L's 0.12% expense ratio.
Dividends
IDFF.L vs. CJPU.L - Dividend Comparison
IDFF.L's dividend yield for the trailing twelve months is around 1.13%, while CJPU.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CJPU.L iShares MSCI 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% |
IDFF.L iShares MSCI AC Far East ex-Japan UCITS ETF USD (Dist) | 1.13% | 1.46% | 1.85% | 1.85% | 2.07% | 1.39% | 1.13% | 1.67% | 2.04% | 1.50% | 1.92% | 2.29% |
Frequently Asked Questions
IDFF.L and CJPU.L have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CJPU.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CJPU.L is cheaper with a 0.12% expense ratio, compared with 0.74% for IDFF.L.
IDFF.L is categorized as Asia Pacific Equities, while CJPU.L is Japan Equities. IDFF.L tracks MSCI All Country World Far East Ex Japan USD Index (USD), while CJPU.L tracks MSCI Japan Index (Net). Their fees differ too: 0.74% for IDFF.L and 0.12% for CJPU.L.
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