IJPD.L vs. JRIE.L

Last updated Apr 2, 2026

Compare and contrast key facts about iShares MSCI Japan USD Hedged UCITS ETF Accumulating (IJPD.L) and JPMorgan Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (dist) (JRIE.L).

IJPD.L and JRIE.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. JRIE.L is a passively managed fund by JPMorgan that tracks the performance of the TOPIX TR JPY. It was launched on Mar 29, 2022. Both IJPD.L and JRIE.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

IJPD.L vs. JRIE.L - 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 JPMorgan Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (dist) (JRIE.L). The values are adjusted to include any dividend payments, if applicable.

IJPD.L vs. JRIE.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024
IJPD.L iShares MSCI Japan USD Hedged UCITS ETF Accumulating	10.39%	29.04%	23.38%
JRIE.L JPMorgan Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (dist)	8.59%	21.36%	11.21%

Different Trading Currencies

IJPD.L is traded in USD, while JRIE.L is traded in GBp. To make them comparable, the JRIE.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, IJPD.L achieves a 10.39% return, which is significantly higher than JRIE.L's 8.59% 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%

JRIE.L

• 1D: 4.98%
• 1M: -3.69%
• YTD: 8.59%
• 6M: 12.75%
• 1Y: 32.42%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IJPD.L vs. JRIE.L - Expense Ratio Comparison

IJPD.L has a 0.64% expense ratio, which is higher than JRIE.L's 0.25% expense ratio.

IJPD.L

iShares MSCI Japan USD Hedged UCITS ETF Accumulating

JRIE.L

JPMorgan Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (dist)

Return for Risk

IJPD.L vs. JRIE.L — 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

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. JRIE.L - 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 JPMorgan Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (dist) (JRIE.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.

	IJPD.L	JRIE.L	Difference
Sharpe ratio Return per unit of total volatility	2.05	3.57	-1.52
Sortino ratio Return per unit of downside risk	2.76	4.49	-1.73
Omega ratio Gain probability vs. loss probability	1.40	1.60	-0.19
Calmar ratio Return relative to maximum drawdown	5.00	—	—
Martin ratio Return relative to average drawdown	17.30	—	—
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. JRIE.L - Sharpe Ratio Comparison

The current IJPD.L Sharpe Ratio is 2.05, which is lower than the JRIE.L Sharpe Ratio of 3.57. The chart below compares the historical Sharpe Ratios of IJPD.L and JRIE.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

	IJPD.L	JRIE.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.05	3.57	-1.52
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.02	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.80	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.65	3.00	-2.35

Correlation

The correlation between IJPD.L and JRIE.L is 0.30, 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.

Dividends

IJPD.L vs. JRIE.L - Dividend Comparison

IJPD.L has not paid dividends to shareholders, while JRIE.L's dividend yield for the trailing twelve months is around 1.61%.

	TTM	2025	2024	2023	2022
IJPD.L iShares MSCI Japan USD Hedged UCITS ETF Accumulating	0.00%	0.00%	0.00%	0.00%	0.00%
JRIE.L JPMorgan Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (dist)	1.61%	1.81%	1.53%	0.00%	0.00%

Drawdowns

IJPD.L vs. JRIE.L - Drawdown Comparison

The maximum IJPD.L drawdown since its inception was -31.09%, which is greater than JRIE.L's maximum drawdown of -13.47%. Use the drawdown chart below to compare losses from any high point for IJPD.L and JRIE.L.

Drawdown Indicators

	IJPD.L	JRIE.L	Difference
Max Drawdown Largest peak-to-trough decline	-31.09%	-13.10%	-17.99%
Max Drawdown (1Y) Largest decline over 1 year	-12.78%	-10.61%	-2.17%
Max Drawdown (5Y) Largest decline over 5 years	-21.80%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-31.09%	—	—
Current Drawdown Current decline from peak	-3.97%	-5.33%	+1.36%
Average Drawdown Average peak-to-trough decline	-6.78%	-3.56%	-3.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.69%	—	—

Volatility

IJPD.L vs. JRIE.L - Volatility Comparison

iShares MSCI Japan USD Hedged UCITS ETF Accumulating (IJPD.L) and JPMorgan Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (dist) (JRIE.L) have volatilities of 9.28% and 9.15%, 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

	IJPD.L	JRIE.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.28%	9.15%	+0.13%
Volatility (6M) Calculated over the trailing 6-month period	15.79%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	22.58%	35.14%	-12.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.69%	37.59%	-18.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.10%	37.59%	-18.49%