IJPA.L vs. EEJG.L

Last updated Apr 2, 2026

Compare and contrast key facts about iShares Core MSCI Japan IMI UCITS ETF USD Acc (IJPA.L) and iShares MSCI Japan ESG Enhanced UCITS ETF USD (Dist) (EEJG.L).

IJPA.L and EEJG.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IJPA.L is a passively managed fund by iShares that tracks the performance of the MSCI Japan Investable Market Index (IMI). It was launched on Sep 25, 2009. EEJG.L is a passively managed fund by iShares that tracks the performance of the TOPIX TR JPY. It was launched on Mar 8, 2019. Both IJPA.L and EEJG.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.

Performance

IJPA.L vs. EEJG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Core MSCI Japan IMI UCITS ETF USD Acc (IJPA.L) and iShares MSCI Japan ESG Enhanced UCITS ETF USD (Dist) (EEJG.L). The values are adjusted to include any dividend payments, if applicable.

IJPA.L vs. EEJG.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
IJPA.L iShares Core MSCI Japan IMI UCITS ETF USD Acc	7.90%	27.28%	6.62%	19.34%	-16.16%	0.16%	30.05%
EEJG.L iShares MSCI Japan ESG Enhanced UCITS ETF USD (Dist)	6.95%	26.48%	4.66%	19.47%	-17.87%	0.91%	31.70%

Different Trading Currencies

IJPA.L is traded in USD, while EEJG.L is traded in GBP. To make them comparable, the EEJG.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, IJPA.L achieves a 7.90% return, which is significantly higher than EEJG.L's 6.95% return.

IJPA.L

• 1D: 5.65%
• 1M: -3.08%
• YTD: 7.90%
• 6M: 12.92%
• 1Y: 34.36%
• 3Y*: 17.77%
• 5Y*: 7.53%
• 10Y*: 9.26%

EEJG.L

• 1D: 5.15%
• 1M: -4.10%
• YTD: 6.95%
• 6M: 11.93%
• 1Y: 32.19%
• 3Y*: 16.68%
• 5Y*: 6.68%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

IJPA.L vs. EEJG.L - Expense Ratio Comparison

IJPA.L has a 0.12% expense ratio, which is lower than EEJG.L's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

EEJG.L

iShares MSCI Japan ESG Enhanced UCITS ETF USD (Dist)

IJPA.L

iShares Core MSCI Japan IMI UCITS ETF USD Acc

Return for Risk

IJPA.L vs. EEJG.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IJPA.L

IJPA.L Risk / Return Rank: 83
IJPA.L Sharpe Ratio Rank: 82
IJPA.L Sortino Ratio Rank: 85
IJPA.L Omega Ratio Rank: 79
IJPA.L Calmar Ratio Rank: 86
IJPA.L Martin Ratio Rank: 84

EEJG.L

EEJG.L Risk / Return Rank: 77
EEJG.L Sharpe Ratio Rank: 75
EEJG.L Sortino Ratio Rank: 77
EEJG.L Omega Ratio Rank: 72
EEJG.L Calmar Ratio Rank: 82
EEJG.L Martin Ratio Rank: 79

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IJPA.L vs. EEJG.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core MSCI Japan IMI UCITS ETF USD Acc (IJPA.L) and iShares MSCI Japan ESG Enhanced UCITS ETF USD (Dist) (EEJG.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.

	IJPA.L	EEJG.L	Difference
Sharpe ratio Return per unit of total volatility	1.66	1.48	+0.18
Sortino ratio Return per unit of downside risk	2.36	2.12	+0.23
Omega ratio Gain probability vs. loss probability	1.32	1.28	+0.04
Calmar ratio Return relative to maximum drawdown	2.90	2.50	+0.40
Martin ratio Return relative to average drawdown	10.72	9.21	+1.51
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IJPA.L vs. EEJG.L - Sharpe Ratio Comparison

The current IJPA.L Sharpe Ratio is 1.66, which is comparable to the EEJG.L Sharpe Ratio of 1.48. The chart below compares the historical Sharpe Ratios of IJPA.L and EEJG.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	IJPA.L	EEJG.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.66	1.48	+0.18
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.43	0.37	+0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.55	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.44	0.61	-0.17

Correlation

The correlation between IJPA.L and EEJG.L is 0.93, 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.

Dividends

IJPA.L vs. EEJG.L - Dividend Comparison

IJPA.L has not paid dividends to shareholders, while EEJG.L's dividend yield for the trailing twelve months is around 1.45%.

	TTM	2025	2024	2023	2022	2021	2020
IJPA.L iShares Core MSCI Japan IMI UCITS ETF USD Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EEJG.L iShares MSCI Japan ESG Enhanced UCITS ETF USD (Dist)	1.45%	1.57%	1.81%	1.74%	2.10%	1.69%	1.64%

Drawdowns

IJPA.L vs. EEJG.L - Drawdown Comparison

The maximum IJPA.L drawdown since its inception was -32.47%, roughly equal to the maximum EEJG.L drawdown of -33.28%. Use the drawdown chart below to compare losses from any high point for IJPA.L and EEJG.L.

Drawdown Indicators

	IJPA.L	EEJG.L	Difference
Max Drawdown Largest peak-to-trough decline	-32.47%	-19.37%	-13.10%
Max Drawdown (1Y) Largest decline over 1 year	-12.15%	-11.39%	-0.76%
Max Drawdown (5Y) Largest decline over 5 years	-32.47%	-19.37%	-13.10%
Max Drawdown (10Y) Largest decline over 10 years	-32.47%	—	—
Current Drawdown Current decline from peak	-6.51%	-5.94%	-0.57%
Average Drawdown Average peak-to-trough decline	-8.11%	-5.85%	-2.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.29%	3.12%	+0.17%

Volatility

IJPA.L vs. EEJG.L - Volatility Comparison

iShares Core MSCI Japan IMI UCITS ETF USD Acc (IJPA.L) and iShares MSCI Japan ESG Enhanced UCITS ETF USD (Dist) (EEJG.L) have volatilities of 9.66% and 9.56%, 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.

Volatility by Period

	IJPA.L	EEJG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.66%	9.56%	+0.10%
Volatility (6M) Calculated over the trailing 6-month period	15.26%	16.06%	-0.80%
Volatility (1Y) Calculated over the trailing 1-year period	20.60%	21.65%	-1.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.35%	17.95%	-0.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.75%	17.85%	-1.10%