IDJP.L vs. ESGJ.L
IDJP.L (iShares MSCI Japan Small Cap UCITS ETF USD (Dist)) and ESGJ.L (Invesco MSCI Japan Universal Screened UCITS ETF USD (Acc)) are both Japan Equities funds - IDJP.L tracks the MSCI Japan Small Cap Index (Net) while ESGJ.L tracks the MSCI Japan Universal Select Business Screens Index. Both are passively managed. Over the past 5 years, IDJP.L returned 7.23%/yr vs 9.49%/yr for ESGJ.L. Their correlation of 0.85 suggests significant overlap in exposure. IDJP.L charges 0.58%/yr vs 0.15%/yr for ESGJ.L.
Performance
IDJP.L vs. ESGJ.L - Performance Comparison
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Returns By Period
In the year-to-date period, IDJP.L achieves a 12.62% return, which is significantly lower than ESGJ.L's 17.08% return.
IDJP.L
- 1D
- -2.38%
- 1M
- -2.94%
- 6M
- 8.01%
- YTD
- 12.62%
- 1Y
- 26.24%
- 3Y*
- 15.94%
- 5Y*
- 7.23%
- 10Y*
- 7.71%
ESGJ.L
- 1D
- 1.13%
- 1M
- -0.89%
- 6M
- 10.84%
- YTD
- 17.08%
- 1Y
- 36.09%
- 3Y*
- 19.65%
- 5Y*
- 9.49%
- 10Y*
- —
IDJP.L vs. ESGJ.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
IDJP.L iShares MSCI Japan Small Cap UCITS ETF USD (Dist) | 12.62% | 29.69% | 3.33% | 13.53% | -12.68% | -3.56% |
ESGJ.L Invesco MSCI Japan Universal Screened UCITS ETF USD (Acc) | 17.08% | 27.11% | 8.02% | 19.45% | -17.71% | -1.77% |
Correlation
The correlation between IDJP.L and ESGJ.L is 0.79, 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 | 0.79 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.81 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.85 |
Correlation (All Time) Calculated using the full available price history since Jan 8, 2021 | 0.85 |
The correlation between IDJP.L and ESGJ.L has been stable across timeframes, ranging from 0.79 to 0.85 - a consistent structural relationship.
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Return for Risk
IDJP.L vs. ESGJ.L — Risk / Return Rank
IDJP.L
ESGJ.L
IDJP.L vs. ESGJ.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Japan Small Cap UCITS ETF USD (Dist) (IDJP.L) and Invesco MSCI Japan Universal Screened UCITS ETF USD (Acc) (ESGJ.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.
| IDJP.L | ESGJ.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.27 | ||
| Sortino ratioReturn per unit of downside risk | -0.36 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.31 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.09 | 2.84 | -0.75 |
| Martin ratioReturn relative to average drawdown | 6.67 | 9.02 | -2.35 |
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Drawdowns
IDJP.L vs. ESGJ.L - Drawdown Comparison
The maximum IDJP.L drawdown since its inception was -39.64%, which is greater than ESGJ.L's maximum drawdown of -33.20%. Use the drawdown chart below to compare losses from any high point for IDJP.L and ESGJ.L.
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Drawdown Indicators
| IDJP.L | ESGJ.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.64% | -33.20% | -6.44% |
Max Drawdown (1Y)Largest decline over 1 year | -12.50% | -12.73% | +0.23% |
Max Drawdown (3Y)Largest decline over 3 years | -12.50% | -14.67% | +2.17% |
Max Drawdown (5Y)Largest decline over 5 years | -32.90% | -33.20% | +0.30% |
Max Drawdown (10Y)Largest decline over 10 years | -36.78% | — | — |
Current DrawdownCurrent decline from peak | -4.95% | -2.30% | -2.65% |
Average DrawdownAverage peak-to-trough decline | -10.76% | -9.47% | -1.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.93% | 4.02% | -0.09% |
Volatility
IDJP.L vs. ESGJ.L - Volatility Comparison
The current volatility for iShares MSCI Japan Small Cap UCITS ETF USD (Dist) (IDJP.L) is 5.64%, while Invesco MSCI Japan Universal Screened UCITS ETF USD (Acc) (ESGJ.L) has a volatility of 6.67%. This indicates that IDJP.L experiences smaller price fluctuations and is considered to be less risky than ESGJ.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IDJP.L | ESGJ.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.64% | 6.67% | -1.03% |
Volatility (6M)Calculated over the trailing 6-month period | 15.91% | 17.62% | -1.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.26% | 21.34% | -3.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.36% | 18.75% | -2.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.66% | 18.43% | -1.77% |
IDJP.L vs. ESGJ.L - Expense Ratio Comparison
IDJP.L has a 0.58% expense ratio, which is higher than ESGJ.L's 0.15% expense ratio.
Dividends
IDJP.L vs. ESGJ.L - Dividend Comparison
IDJP.L's dividend yield for the trailing twelve months is around 1.00%, while ESGJ.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ESGJ.L Invesco MSCI Japan Universal Screened 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% |
IDJP.L iShares MSCI Japan Small Cap UCITS ETF USD (Dist) | 1.00% | 1.77% | 1.77% | 1.77% | 2.08% | 1.55% | 1.48% | 1.47% | 1.45% | 1.21% | 1.20% | 0.72% |
Frequently Asked Questions
IDJP.L and ESGJ.L have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ESGJ.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ESGJ.L is cheaper with a 0.15% expense ratio, compared with 0.58% for IDJP.L.
IDJP.L tracks MSCI Japan Small Cap Index (Net), while ESGJ.L tracks MSCI Japan Universal Select Business Screens Index. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.58% for IDJP.L and 0.15% for ESGJ.L.
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