IDJP.L vs. ISJP.L
IDJP.L (iShares MSCI Japan Small Cap UCITS ETF USD (Dist)) and ISJP.L (iShares MSCI Japan Small Cap UCITS ETF (Dist)) are both Japan Equities funds from iShares - IDJP.L tracks the iShares MSCI Japan Small Cap UCITS ETF USD (Dist) while ISJP.L tracks the MSCI Japan Small Cap NR JPY. Both are passively managed. Over the past 10 years, IDJP.L returned 7.93%/yr vs 8.10%/yr for ISJP.L. Their correlation of 0.85 suggests significant overlap in exposure. Both charge a 0.58% expense ratio.
Performance
IDJP.L vs. ISJP.L - Performance Comparison
Loading charts...
Different Trading Currencies
IDJP.L is traded in USD, while ISJP.L is traded in GBp. To make them comparable, the ISJP.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, IDJP.L achieves a 14.93% return, which is significantly lower than ISJP.L's 16.53% return. Both investments have delivered pretty close results over the past 10 years, with IDJP.L having a 7.93% annualized return and ISJP.L not far ahead at 8.10%.
IDJP.L
- 1D
- -0.80%
- 1M
- 0.34%
- 6M
- 10.43%
- YTD
- 14.93%
- 1Y
- 29.94%
- 3Y*
- 17.35%
- 5Y*
- 7.67%
- 10Y*
- 7.93%
ISJP.L
- 1D
- -0.31%
- 1M
- 1.90%
- 6M
- 12.06%
- YTD
- 16.53%
- 1Y
- 31.78%
- 3Y*
- 17.79%
- 5Y*
- 7.92%
- 10Y*
- 8.10%
IDJP.L vs. ISJP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IDJP.L iShares MSCI Japan Small Cap UCITS ETF USD (Dist) | 14.93% | 29.69% | 3.33% | 13.53% | -12.68% | -3.28% | 8.14% | 17.67% | -16.75% | 31.70% |
ISJP.L iShares MSCI Japan Small Cap UCITS ETF (Dist) | 16.53% | 30.01% | 3.24% | 12.66% | -12.49% | -2.90% | 7.72% | 18.51% | -16.97% | 30.71% |
Correlation
The correlation between IDJP.L and ISJP.L is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.91 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.93 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.93 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.91 |
Correlation (All Time) Calculated using the full available price history since May 9, 2008 | 0.85 |
The correlation between IDJP.L and ISJP.L has been stable across timeframes, ranging from 0.85 to 0.93 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IDJP.L vs. ISJP.L — Risk / Return Rank
IDJP.L
ISJP.L
IDJP.L vs. ISJP.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 iShares MSCI Japan Small Cap UCITS ETF (Dist) (ISJP.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 | ISJP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.21 | ||
| Sortino ratioReturn per unit of downside risk | -0.22 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.32 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.35 | 2.68 | -0.33 |
| Martin ratioReturn relative to average drawdown | 7.52 | 8.63 | -1.11 |
Loading charts...
Drawdowns
IDJP.L vs. ISJP.L - Drawdown Comparison
The maximum IDJP.L drawdown since its inception was -39.64%, smaller than the maximum ISJP.L drawdown of -69.60%. Use the drawdown chart below to compare losses from any high point for IDJP.L and ISJP.L.
Loading charts...
Drawdown Indicators
| IDJP.L | ISJP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.64% | -69.60% | +29.96% |
Max Drawdown (1Y)Largest decline over 1 year | -12.50% | -11.79% | -0.71% |
Max Drawdown (3Y)Largest decline over 3 years | -12.50% | -12.58% | +0.08% |
Max Drawdown (5Y)Largest decline over 5 years | -32.90% | -33.09% | +0.19% |
Max Drawdown (10Y)Largest decline over 10 years | -36.78% | -36.04% | -0.74% |
Current DrawdownCurrent decline from peak | -2.99% | -1.97% | -1.02% |
Average DrawdownAverage peak-to-trough decline | -10.77% | -30.31% | +19.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.92% | 3.67% | +0.25% |
Volatility
IDJP.L vs. ISJP.L - Volatility Comparison
iShares MSCI Japan Small Cap UCITS ETF USD (Dist) (IDJP.L) and iShares MSCI Japan Small Cap UCITS ETF (Dist) (ISJP.L) have volatilities of 5.16% and 4.99%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IDJP.L | ISJP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.16% | 4.99% | +0.17% |
Volatility (6M)Calculated over the trailing 6-month period | 15.76% | 14.87% | +0.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.11% | 17.30% | +0.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.33% | 16.30% | +0.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.65% | 16.51% | +0.14% |
IDJP.L vs. ISJP.L - Expense Ratio Comparison
Both IDJP.L and ISJP.L have an expense ratio of 0.58%.
Dividends
IDJP.L vs. ISJP.L - Dividend Comparison
IDJP.L's dividend yield for the trailing twelve months is around 1.85%, more than ISJP.L's 0.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IDJP.L iShares MSCI Japan Small Cap UCITS ETF USD (Dist) | 1.85% | 1.77% | 1.77% | 1.77% | 2.08% | 1.55% | 1.48% | 1.47% | 1.45% | 1.21% | 1.20% | 0.72% |
ISJP.L iShares MSCI Japan Small Cap UCITS ETF (Dist) | 0.86% | 1.85% | 1.73% | 1.77% | 1.99% | 1.52% | 1.58% | 1.53% | 1.39% | 1.29% | 1.07% | 0.67% |
Frequently Asked Questions
With a correlation of 0.91, IDJP.L and ISJP.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
Both ETFs have the same 0.58% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
IDJP.L and ISJP.L have the same expense ratio: 0.58% per year.
IDJP.L tracks iShares MSCI Japan Small Cap UCITS ETF USD (Dist), while ISJP.L tracks MSCI Japan Small Cap NR JPY.
Find the right allocation for IDJP.L and ISJP.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer