IJPE.L vs. S400.L
Compare and contrast key facts about iShares MSCI Japan EUR Hedged UCITS ETF Accumulating (IJPE.L) and Invesco JPX-Nikkei 400 UCITS ETF (S400.L).
IJPE.L and S400.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IJPE.L is a passively managed fund by iShares that tracks the performance of the MSCI Japan Index. It was launched on Sep 30, 2010. S400.L is a passively managed fund by Invesco that tracks the performance of the TOPIX TR JPY. It was launched on Sep 10, 2014. Both IJPE.L and S400.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
IJPE.L vs. S400.L - Performance Comparison
Loading graphics...
IJPE.L vs. S400.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IJPE.L iShares MSCI Japan EUR Hedged UCITS ETF Accumulating | 9.08% | 27.34% | 22.07% | 32.82% | -5.43% | 11.46% | 8.93% | 15.39% | -16.93% | 18.75% |
S400.L Invesco JPX-Nikkei 400 UCITS ETF | 7.98% | 11.48% | 13.54% | 16.07% | -10.68% | 7.48% | 5.92% | 21.61% | -10.45% | 9.21% |
Different Trading Currencies
IJPE.L is traded in EUR, while S400.L is traded in GBp. To make them comparable, the S400.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, IJPE.L achieves a 9.08% return, which is significantly higher than S400.L's 7.98% return. Over the past 10 years, IJPE.L has outperformed S400.L with an annualized return of 12.98%, while S400.L has yielded a comparatively lower 8.80% annualized return.
IJPE.L
- 1D
- 4.87%
- 1M
- -2.66%
- YTD
- 9.08%
- 6M
- 21.49%
- 1Y
- 42.71%
- 3Y*
- 27.44%
- 5Y*
- 16.83%
- 10Y*
- 12.98%
S400.L
- 1D
- -1.39%
- 1M
- 0.30%
- YTD
- 7.98%
- 6M
- 12.37%
- 1Y
- 23.06%
- 3Y*
- 14.63%
- 5Y*
- 7.61%
- 10Y*
- 8.80%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IJPE.L vs. S400.L - Expense Ratio Comparison
IJPE.L has a 0.64% expense ratio, which is higher than S400.L's 0.19% expense ratio.
Return for Risk
IJPE.L vs. S400.L — Risk / Return Rank
IJPE.L
S400.L
IJPE.L vs. S400.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Japan EUR Hedged UCITS ETF Accumulating (IJPE.L) and Invesco JPX-Nikkei 400 UCITS ETF (S400.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.
| IJPE.L | S400.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.89 | 1.19 | +0.70 |
Sortino ratioReturn per unit of downside risk | 2.59 | 1.73 | +0.86 |
Omega ratioGain probability vs. loss probability | 1.37 | 1.23 | +0.14 |
Calmar ratioReturn relative to maximum drawdown | 4.44 | 3.14 | +1.31 |
Martin ratioReturn relative to average drawdown | 15.36 | 10.63 | +4.73 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| IJPE.L | S400.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.89 | 1.19 | +0.70 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.90 | 0.47 | +0.43 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.68 | 0.54 | +0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 0.49 | +0.06 |
Correlation
The correlation between IJPE.L and S400.L is 0.81, 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
IJPE.L vs. S400.L - Dividend Comparison
Neither IJPE.L nor S400.L has paid dividends to shareholders.
Drawdowns
IJPE.L vs. S400.L - Drawdown Comparison
The maximum IJPE.L drawdown since its inception was -34.53%, which is greater than S400.L's maximum drawdown of -28.94%. Use the drawdown chart below to compare losses from any high point for IJPE.L and S400.L.
Loading graphics...
Drawdown Indicators
| IJPE.L | S400.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.53% | -24.69% | -9.84% |
Max Drawdown (1Y)Largest decline over 1 year | -12.35% | -10.45% | -1.90% |
Max Drawdown (5Y)Largest decline over 5 years | -21.50% | -19.34% | -2.16% |
Max Drawdown (10Y)Largest decline over 10 years | -34.53% | -24.69% | -9.84% |
Current DrawdownCurrent decline from peak | -4.83% | -6.71% | +1.88% |
Average DrawdownAverage peak-to-trough decline | -9.12% | -5.15% | -3.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.79% | 2.85% | -0.06% |
Volatility
IJPE.L vs. S400.L - Volatility Comparison
iShares MSCI Japan EUR Hedged UCITS ETF Accumulating (IJPE.L) has a higher volatility of 8.82% compared to Invesco JPX-Nikkei 400 UCITS ETF (S400.L) at 8.09%. This indicates that IJPE.L's price experiences larger fluctuations and is considered to be riskier than S400.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| IJPE.L | S400.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.82% | 8.09% | +0.73% |
Volatility (6M)Calculated over the trailing 6-month period | 15.54% | 14.05% | +1.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.45% | 19.31% | +3.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.63% | 16.20% | +2.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.01% | 16.43% | +2.58% |