IJPD.L vs. XDJP.L

Last updated Apr 4, 2026

Compare and contrast key facts about iShares MSCI Japan USD Hedged UCITS ETF Accumulating (IJPD.L) and Xtrackers Nikkei 225 UCITS ETF 1D (XDJP.L).

IJPD.L and XDJP.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. XDJP.L is a passively managed fund by Xtrackers that tracks the performance of the TOPIX TR JPY. It was launched on Jan 25, 2013. Both IJPD.L and XDJP.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. XDJP.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 Xtrackers Nikkei 225 UCITS ETF 1D (XDJP.L). The values are adjusted to include any dividend payments, if applicable.

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

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IJPD.L iShares MSCI Japan USD Hedged UCITS ETF Accumulating	8.20%	29.04%	24.14%	35.59%	-3.08%	12.22%	10.80%	18.74%	-14.26%	20.81%
XDJP.L Xtrackers Nikkei 225 UCITS ETF 1D	4.30%	30.18%	7.85%	21.61%	-19.86%	-4.66%	25.50%	21.26%	-8.99%	25.66%

Different Trading Currencies

IJPD.L is traded in USD, while XDJP.L is traded in GBp. To make them comparable, the XDJP.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 8.20% return, which is significantly higher than XDJP.L's 4.30% return. Over the past 10 years, IJPD.L has outperformed XDJP.L with an annualized return of 15.12%, while XDJP.L has yielded a comparatively lower 10.47% annualized return.

IJPD.L

• 1D: -1.98%
• 1M: -1.42%
• YTD: 8.20%
• 6M: 18.37%
• 1Y: 52.70%
• 3Y*: 29.14%
• 5Y*: 18.56%
• 10Y*: 15.12%

XDJP.L

• 1D: -2.50%
• 1M: -6.08%
• YTD: 4.30%
• 6M: 7.35%
• 1Y: 45.34%
• 3Y*: 17.92%
• 5Y*: 6.21%
• 10Y*: 10.47%

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

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

IJPD.L has a 0.64% expense ratio, which is higher than XDJP.L's 0.09% expense ratio.

IJPD.L

iShares MSCI Japan USD Hedged UCITS ETF Accumulating

XDJP.L

Xtrackers Nikkei 225 UCITS ETF 1D

Return for Risk

IJPD.L vs. XDJP.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: 91
IJPD.L Sharpe Ratio Rank: 88
IJPD.L Sortino Ratio Rank: 89
IJPD.L Omega Ratio Rank: 88
IJPD.L Calmar Ratio Rank: 97
IJPD.L Martin Ratio Rank: 96

XDJP.L

XDJP.L Risk / Return Rank: 82
XDJP.L Sharpe Ratio Rank: 84
XDJP.L Sortino Ratio Rank: 88
XDJP.L Omega Ratio Rank: 78
XDJP.L Calmar Ratio Rank: 86
XDJP.L Martin Ratio Rank: 77

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. XDJP.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 Xtrackers Nikkei 225 UCITS ETF 1D (XDJP.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	XDJP.L	Difference
Sharpe ratio Return per unit of total volatility	1.92	1.69	+0.23
Sortino ratio Return per unit of downside risk	2.60	2.43	+0.18
Omega ratio Gain probability vs. loss probability	1.38	1.30	+0.08
Calmar ratio Return relative to maximum drawdown	5.66	2.95	+2.70
Martin ratio Return relative to average drawdown	20.08	10.08	+10.00
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. XDJP.L - Sharpe Ratio Comparison

The current IJPD.L Sharpe Ratio is 1.92, which is comparable to the XDJP.L Sharpe Ratio of 1.69. The chart below compares the historical Sharpe Ratios of IJPD.L and XDJP.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IJPD.L	XDJP.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.92	1.69	+0.23
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.99	0.32	+0.67
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.79	0.59	+0.20
Sharpe Ratio (All Time) Calculated using the full available price history	0.64	0.55	+0.08

Correlation

The correlation between IJPD.L and XDJP.L is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

IJPD.L vs. XDJP.L - Dividend Comparison

IJPD.L has not paid dividends to shareholders, while XDJP.L's dividend yield for the trailing twelve months is around 1.29%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IJPD.L iShares MSCI Japan USD Hedged UCITS ETF Accumulating	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XDJP.L Xtrackers Nikkei 225 UCITS ETF 1D	1.29%	1.33%	1.41%	1.59%	2.47%	1.20%	1.11%	1.13%	1.24%	0.72%	0.83%	0.16%

Drawdowns

IJPD.L vs. XDJP.L - Drawdown Comparison

The maximum IJPD.L drawdown since its inception was -31.09%, smaller than the maximum XDJP.L drawdown of -35.79%. Use the drawdown chart below to compare losses from any high point for IJPD.L and XDJP.L.

Drawdown Indicators

	IJPD.L	XDJP.L	Difference
Max Drawdown Largest peak-to-trough decline	-31.09%	-23.69%	-7.40%
Max Drawdown (1Y) Largest decline over 1 year	-9.32%	-13.40%	+4.08%
Max Drawdown (5Y) Largest decline over 5 years	-21.80%	-20.61%	-1.19%
Max Drawdown (10Y) Largest decline over 10 years	-31.09%	-23.69%	-7.40%
Current Drawdown Current decline from peak	-5.87%	-10.01%	+4.14%
Average Drawdown Average peak-to-trough decline	-6.78%	-6.87%	+0.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.62%	4.30%	-1.68%

Volatility

IJPD.L vs. XDJP.L - Volatility Comparison

iShares MSCI Japan USD Hedged UCITS ETF Accumulating (IJPD.L) and Xtrackers Nikkei 225 UCITS ETF 1D (XDJP.L) have volatilities of 8.99% and 9.07%, 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	XDJP.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.99%	9.07%	-0.08%
Volatility (6M) Calculated over the trailing 6-month period	15.78%	18.20%	-2.42%
Volatility (1Y) Calculated over the trailing 1-year period	22.67%	24.37%	-1.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.71%	19.58%	-0.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.11%	18.82%	+0.29%