IJPD.L vs. ^NDX

Last updated Apr 2, 2026

Compare and contrast key facts about iShares MSCI Japan USD Hedged UCITS ETF Accumulating (IJPD.L) and NASDAQ 100 Index (^NDX).

IJPD.L is a passively managed fund by iShares that tracks the performance of the MSCI Japan 100% Hedged to USD Net TR Index. It was launched on Sep 30, 2013.

Performance

IJPD.L vs. ^NDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Japan USD Hedged UCITS ETF Accumulating (IJPD.L) and NASDAQ 100 Index (^NDX). The values are adjusted to include any dividend payments, if applicable.

IJPD.L vs. ^NDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IJPD.L iShares MSCI Japan USD Hedged UCITS ETF Accumulating	10.39%	29.04%	24.14%	35.59%	-3.08%	12.22%	10.80%	18.74%	-14.26%	20.81%
^NDX NASDAQ 100 Index	-4.87%	20.17%	24.88%	53.81%	-32.97%	26.63%	47.58%	37.96%	-1.04%	31.52%

Returns By Period

In the year-to-date period, IJPD.L achieves a 10.39% return, which is significantly higher than ^NDX's -4.87% return. Over the past 10 years, IJPD.L has underperformed ^NDX with an annualized return of 15.24%, while ^NDX has yielded a comparatively higher 18.15% annualized return.

IJPD.L

• 1D: 5.57%
• 1M: -1.81%
• YTD: 10.39%
• 6M: 23.50%
• 1Y: 46.48%
• 3Y*: 29.83%
• 5Y*: 19.03%
• 10Y*: 15.24%

^NDX

• 1D: 1.18%
• 1M: -3.89%
• YTD: -4.87%
• 6M: -3.15%
• 1Y: 23.58%
• 3Y*: 22.14%
• 5Y*: 12.50%
• 10Y*: 18.15%

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

Return for Risk

IJPD.L vs. ^NDX — Risk / Return Rank

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

IJPD.L

IJPD.L Risk / Return Rank: 93
IJPD.L Sharpe Ratio Rank: 90
IJPD.L Sortino Ratio Rank: 91
IJPD.L Omega Ratio Rank: 90
IJPD.L Calmar Ratio Rank: 97
IJPD.L Martin Ratio Rank: 95

^NDX

^NDX Risk / Return Rank: 76
^NDX Sharpe Ratio Rank: 70
^NDX Sortino Ratio Rank: 74
^NDX Omega Ratio Rank: 74
^NDX Calmar Ratio Rank: 81
^NDX Martin Ratio Rank: 80

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.

IJPD.L vs. ^NDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Japan USD Hedged UCITS ETF Accumulating (IJPD.L) and NASDAQ 100 Index (^NDX). 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.

	IJPD.L	^NDX	Difference
Sharpe ratio Return per unit of total volatility	2.05	1.04	+1.01
Sortino ratio Return per unit of downside risk	2.76	1.62	+1.13
Omega ratio Gain probability vs. loss probability	1.40	1.23	+0.17
Calmar ratio Return relative to maximum drawdown	5.00	1.93	+3.07
Martin ratio Return relative to average drawdown	17.30	7.05	+10.25
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IJPD.L vs. ^NDX - Sharpe Ratio Comparison

The current IJPD.L Sharpe Ratio is 2.05, which is higher than the ^NDX Sharpe Ratio of 1.04. The chart below compares the historical Sharpe Ratios of IJPD.L and ^NDX, 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

	IJPD.L	^NDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.05	1.04	+1.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.02	0.56	+0.46
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.80	0.81	-0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.65	0.55	+0.10

Correlation

The correlation between IJPD.L and ^NDX is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Drawdowns

IJPD.L vs. ^NDX - Drawdown Comparison

The maximum IJPD.L drawdown since its inception was -31.09%, smaller than the maximum ^NDX drawdown of -82.90%. Use the drawdown chart below to compare losses from any high point for IJPD.L and ^NDX.

Drawdown Indicators

	IJPD.L	^NDX	Difference
Max Drawdown Largest peak-to-trough decline	-31.09%	-82.90%	+51.81%
Max Drawdown (1Y) Largest decline over 1 year	-12.78%	-12.72%	-0.06%
Max Drawdown (5Y) Largest decline over 5 years	-21.80%	-35.56%	+13.76%
Max Drawdown (10Y) Largest decline over 10 years	-31.09%	-35.56%	+4.47%
Current Drawdown Current decline from peak	-3.97%	-8.04%	+4.07%
Average Drawdown Average peak-to-trough decline	-6.78%	-24.72%	+17.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.69%	3.49%	-0.80%

Volatility

IJPD.L vs. ^NDX - Volatility Comparison

iShares MSCI Japan USD Hedged UCITS ETF Accumulating (IJPD.L) has a higher volatility of 9.28% compared to NASDAQ 100 Index (^NDX) at 6.65%. This indicates that IJPD.L's price experiences larger fluctuations and is considered to be riskier than ^NDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IJPD.L	^NDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.28%	6.65%	+2.63%
Volatility (6M) Calculated over the trailing 6-month period	15.79%	12.93%	+2.86%
Volatility (1Y) Calculated over the trailing 1-year period	22.58%	22.77%	-0.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.69%	22.61%	-3.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.10%	22.48%	-3.38%