IJPE.L vs. VJPN.L

Last updated Apr 2, 2026

Compare and contrast key facts about iShares MSCI Japan EUR Hedged UCITS ETF Accumulating (IJPE.L) and Vanguard FTSE Japan UCITS ETF Distributing (VJPN.L).

IJPE.L and VJPN.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. VJPN.L is a passively managed fund by Vanguard that tracks the performance of the TOPIX TR JPY. It was launched on May 21, 2013. Both IJPE.L and VJPN.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. VJPN.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares MSCI Japan EUR Hedged UCITS ETF Accumulating (IJPE.L) and Vanguard FTSE Japan UCITS ETF Distributing (VJPN.L). The values are adjusted to include any dividend payments, if applicable.

IJPE.L vs. VJPN.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%
VJPN.L Vanguard FTSE Japan UCITS ETF Distributing	4.06%	12.66%	14.31%	16.41%	-10.56%	8.91%	6.71%	21.85%	-9.50%	10.20%

Different Trading Currencies

IJPE.L is traded in EUR, while VJPN.L is traded in GBP. To make them comparable, the VJPN.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 VJPN.L's 4.06% return. Over the past 10 years, IJPE.L has outperformed VJPN.L with an annualized return of 12.98%, while VJPN.L has yielded a comparatively lower 9.23% 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%

VJPN.L

• 1D: -0.99%
• 1M: -7.33%
• YTD: 4.06%
• 6M: 8.94%
• 1Y: 19.69%
• 3Y*: 14.02%
• 5Y*: 7.48%
• 10Y*: 9.23%

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

IJPE.L vs. VJPN.L - Expense Ratio Comparison

IJPE.L has a 0.64% expense ratio, which is higher than VJPN.L's 0.15% expense ratio.

IJPE.L

iShares MSCI Japan EUR Hedged UCITS ETF Accumulating

VJPN.L

Vanguard FTSE Japan UCITS ETF Distributing

Return for Risk

IJPE.L vs. VJPN.L — Risk / Return Rank

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

IJPE.L

IJPE.L Risk / Return Rank: 90
IJPE.L Sharpe Ratio Rank: 87
IJPE.L Sortino Ratio Rank: 89
IJPE.L Omega Ratio Rank: 88
IJPE.L Calmar Ratio Rank: 95
IJPE.L Martin Ratio Rank: 94

VJPN.L

VJPN.L Risk / Return Rank: 73
VJPN.L Sharpe Ratio Rank: 73
VJPN.L Sortino Ratio Rank: 73
VJPN.L Omega Ratio Rank: 69
VJPN.L Calmar Ratio Rank: 79
VJPN.L Martin Ratio Rank: 73

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.

IJPE.L vs. VJPN.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 Vanguard FTSE Japan UCITS ETF Distributing (VJPN.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	VJPN.L	Difference
Sharpe ratio Return per unit of total volatility	1.89	1.03	+0.87
Sortino ratio Return per unit of downside risk	2.59	1.51	+1.08
Omega ratio Gain probability vs. loss probability	1.37	1.20	+0.17
Calmar ratio Return relative to maximum drawdown	4.44	1.83	+2.61
Martin ratio Return relative to average drawdown	15.36	6.14	+9.23
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IJPE.L vs. VJPN.L - Sharpe Ratio Comparison

The current IJPE.L Sharpe Ratio is 1.89, which is higher than the VJPN.L Sharpe Ratio of 1.03. The chart below compares the historical Sharpe Ratios of IJPE.L and VJPN.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

	IJPE.L	VJPN.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.89	1.03	+0.87
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.90	0.46	+0.44
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.68	0.56	+0.12
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	0.53	+0.01

Correlation

The correlation between IJPE.L and VJPN.L is 0.82, 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. VJPN.L - Dividend Comparison

IJPE.L has not paid dividends to shareholders, while VJPN.L's dividend yield for the trailing twelve months is around 2.49%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IJPE.L iShares MSCI Japan EUR 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%
VJPN.L Vanguard FTSE Japan UCITS ETF Distributing	2.49%	2.54%	2.47%	2.39%	2.64%	2.31%	2.14%	2.36%	2.55%	1.94%	2.04%	2.08%

Drawdowns

IJPE.L vs. VJPN.L - Drawdown Comparison

The maximum IJPE.L drawdown since its inception was -34.53%, which is greater than VJPN.L's maximum drawdown of -28.96%. Use the drawdown chart below to compare losses from any high point for IJPE.L and VJPN.L.

Drawdown Indicators

	IJPE.L	VJPN.L	Difference
Max Drawdown Largest peak-to-trough decline	-34.53%	-25.19%	-9.34%
Max Drawdown (1Y) Largest decline over 1 year	-12.35%	-10.68%	-1.67%
Max Drawdown (5Y) Largest decline over 5 years	-21.50%	-17.91%	-3.59%
Max Drawdown (10Y) Largest decline over 10 years	-34.53%	-25.19%	-9.34%
Current Drawdown Current decline from peak	-4.83%	-9.45%	+4.62%
Average Drawdown Average peak-to-trough decline	-9.12%	-5.28%	-3.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.79%	3.05%	-0.26%

Volatility

IJPE.L vs. VJPN.L - Volatility Comparison

iShares MSCI Japan EUR Hedged UCITS ETF Accumulating (IJPE.L) and Vanguard FTSE Japan UCITS ETF Distributing (VJPN.L) have volatilities of 8.82% and 8.72%, 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

	IJPE.L	VJPN.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.82%	8.72%	+0.10%
Volatility (6M) Calculated over the trailing 6-month period	15.54%	13.63%	+1.91%
Volatility (1Y) Calculated over the trailing 1-year period	22.45%	19.25%	+3.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.63%	16.13%	+2.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.01%	16.43%	+2.58%