IJPH.L vs. EWJ
Compare and contrast key facts about iShares MSCI Japan GBP Hedged UCITS ETF (IJPH.L) and iShares MSCI Japan ETF (EWJ).
IJPH.L and EWJ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IJPH.L is a passively managed fund by iShares that tracks the performance of the MSCI Japan 100% Hedged to GBP Index. It was launched on Jul 31, 2012. EWJ is a passively managed fund by iShares that tracks the performance of the MSCI Japan Index. It was launched on Mar 12, 1996. Both IJPH.L and EWJ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IJPH.L or EWJ.
Performance
IJPH.L vs. EWJ - Performance Comparison
Returns By Period
In the year-to-date period, IJPH.L achieves a 20.49% return, which is significantly higher than EWJ's 6.46% return. Over the past 10 years, IJPH.L has outperformed EWJ with an annualized return of 8.60%, while EWJ has yielded a comparatively lower 5.51% annualized return.
IJPH.L
20.49%
0.59%
0.40%
21.20%
13.74%
8.60%
EWJ
6.46%
-3.35%
-0.78%
11.03%
4.39%
5.51%
Key characteristics
| IJPH.L | EWJ | |
|---|---|---|
| Sharpe Ratio | 0.95 | 0.64 |
| Sortino Ratio | 1.34 | 0.96 |
| Omega Ratio | 1.20 | 1.12 |
| Calmar Ratio | 0.91 | 0.81 |
| Martin Ratio | 3.18 | 2.78 |
| Ulcer Index | 6.25% | 3.97% |
| Daily Std Dev | 20.82% | 17.18% |
| Max Drawdown | -34.54% | -58.89% |
| Current Drawdown | -7.26% | -7.14% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IJPH.L vs. EWJ - Expense Ratio Comparison
IJPH.L has a 0.64% expense ratio, which is higher than EWJ's 0.49% expense ratio.
Correlation
The correlation between IJPH.L and EWJ is 0.70, 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.
Risk-Adjusted Performance
IJPH.L vs. EWJ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Japan GBP Hedged UCITS ETF (IJPH.L) and iShares MSCI Japan ETF (EWJ). 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.
Dividends
IJPH.L vs. EWJ - Dividend Comparison
IJPH.L has not paid dividends to shareholders, while EWJ's dividend yield for the trailing twelve months is around 2.04%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IJPH.L iShares MSCI Japan GBP Hedged UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EWJ iShares MSCI Japan ETF | 2.04% | 2.03% | 1.23% | 2.08% | 1.04% | 2.03% | 1.71% | 1.25% | 1.95% | 1.27% | 1.32% | 1.11% |
Drawdowns
IJPH.L vs. EWJ - Drawdown Comparison
The maximum IJPH.L drawdown since its inception was -34.54%, smaller than the maximum EWJ drawdown of -58.89%. Use the drawdown chart below to compare losses from any high point for IJPH.L and EWJ. For additional features, visit the drawdowns tool.
Volatility
IJPH.L vs. EWJ - Volatility Comparison
iShares MSCI Japan GBP Hedged UCITS ETF (IJPH.L) has a higher volatility of 5.94% compared to iShares MSCI Japan ETF (EWJ) at 4.17%. This indicates that IJPH.L's price experiences larger fluctuations and is considered to be riskier than EWJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.