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IJPH.L vs. TER
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IJPH.L vs. TER

Last updated Jun 16, 2026

IJPH.L (iShares MSCI Japan GBP Hedged UCITS ETF) is Japan Equities fund tracking the MSCI Japan 100% Hedged to GBP Index, while TER (Teradyne, Inc.) is a stock. Over the past 10 years, IJPH.L returned 15.77%/yr vs 38.34%/yr for TER. At a 0.32 correlation, their price movements are largely independent.

Performance

IJPH.L vs. TER - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares MSCI Japan GBP Hedged UCITS ETF (IJPH.L) and Teradyne, Inc. (TER). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

IJPH.L is traded in GBP, while TER is traded in USD. To make them comparable, the TER values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, IJPH.L achieves a 20.84% return, which is significantly lower than TER's 124.56% return. Over the past 10 years, IJPH.L has underperformed TER with an annualized return of 15.77%, while TER has yielded a comparatively higher 38.34% annualized return.

IJPH.L

1D
1.39%
1M
4.33%
YTD
20.84%
6M
20.67%
1Y
53.19%
3Y*
26.82%
5Y*
20.46%
10Y*
15.77%

TER

1D
7.17%
1M
27.16%
YTD
124.56%
6M
121.65%
1Y
427.95%
3Y*
55.58%
5Y*
29.08%
10Y*
38.34%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IJPH.L vs. TER - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IJPH.L
iShares MSCI Japan GBP Hedged UCITS ETF		20.84%29.37%23.82%34.19%-4.30%11.94%9.27%15.94%-15.89%19.45%
TER
Teradyne, Inc.		124.56%43.39%18.55%18.54%-39.97%38.10%71.54%110.60%-19.89%51.79%

Correlation

The correlation between IJPH.L and TER is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.33

Correlation (3Y)
Calculated over the trailing 3-year period

0.29

Correlation (5Y)
Calculated over the trailing 5-year period

0.31

Correlation (10Y)
Calculated over the trailing 10-year period

0.32

Correlation (All Time)
Calculated using the full available price history since Jul 31, 2012

0.32

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares MSCI Japan GBP Hedged UCITS ETF

Teradyne, Inc.

Often compared with IJPH.L:
IJPH.L vs. SUJA.LIJPH.L vs. XSTC.LIJPH.L vs. XDJP.DEIJPH.L vs. XM1D.DEIJPH.L vs. EWJIJPH.L vs. ^N225IJPH.L vs. BRK-B
Often compared with TER:
TER vs. AEHRTER vs. SNPSTER vs. AMATTER vs. VGTTER vs. BWXTTER vs. PLABTER vs. CDNS

Return for Risk

IJPH.L vs. TER — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IJPH.L
IJPH.L Risk / Return Rank: 8989
Overall Rank
IJPH.L Sharpe Ratio Rank: 8787
Sharpe Ratio Rank
IJPH.L Sortino Ratio Rank: 8888
Sortino Ratio Rank
IJPH.L Omega Ratio Rank: 8686
Omega Ratio Rank
IJPH.L Calmar Ratio Rank: 9191
Calmar Ratio Rank
IJPH.L Martin Ratio Rank: 9090
Martin Ratio Rank
TER
TER Risk / Return Rank: 9999
Overall Rank
TER Sharpe Ratio Rank: 9999
Sharpe Ratio Rank
TER Sortino Ratio Rank: 9898
Sortino Ratio Rank
TER Omega Ratio Rank: 9898
Omega Ratio Rank
TER Calmar Ratio Rank: 9999
Calmar Ratio Rank
TER Martin Ratio Rank: 9999
Martin Ratio Rank
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.

IJPH.L vs. TER - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Japan GBP Hedged UCITS ETF (IJPH.L) and Teradyne, Inc. (TER). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

IJPH.LTERDifference
Sharpe ratioReturn per unit of total volatility
2.61
6.50

-3.90

Sortino ratioReturn per unit of downside risk
3.70
4.90

-1.20

Omega ratioGain probability vs. loss probability

1.48

1.71

-0.23

Calmar ratioReturn relative to maximum drawdown

5.49

16.32

-10.83

Martin ratioReturn relative to average drawdown

19.28

60.03

-40.76

IJPH.L vs. TER - Sharpe Ratio Comparison

The current IJPH.L Sharpe Ratio is 2.61, which is lower than the TER Sharpe Ratio of 6.50. The chart below compares the historical Sharpe Ratios of IJPH.L and TER, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

IJPH.L vs. TER - Drawdown Comparison

The maximum IJPH.L drawdown since its inception was -34.55%, smaller than the maximum TER drawdown of -77.09%. Use the drawdown chart below to compare losses from any high point for IJPH.L and TER.

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Drawdown Indicators

IJPH.LTERDifference

Max Drawdown

Largest peak-to-trough decline

-34.55%

-77.09%

+42.54%

Max Drawdown (1Y)

Largest decline over 1 year

-9.64%

-26.44%

+16.80%

Max Drawdown (3Y)

Largest decline over 3 years

-21.95%

-58.34%

+36.39%

Max Drawdown (5Y)

Largest decline over 5 years

-21.95%

-58.34%

+36.39%

Max Drawdown (10Y)

Largest decline over 10 years

-34.55%

-58.34%

+23.79%

Current Drawdown

Current decline from peak

0.00%

0.00%

0.00%

Average Drawdown

Average peak-to-trough decline

-7.46%

-19.33%

+11.87%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.75%

7.17%

-4.42%

Volatility

IJPH.L vs. TER - Volatility Comparison

The current volatility for iShares MSCI Japan GBP Hedged UCITS ETF (IJPH.L) is 4.93%, while Teradyne, Inc. (TER) has a volatility of 25.23%. This indicates that IJPH.L experiences smaller price fluctuations and is considered to be less risky than TER based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IJPH.LTERDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.93%

25.23%

-20.30%

Volatility (6M)

Calculated over the trailing 6-month period

15.88%

51.85%

-35.97%

Volatility (1Y)

Calculated over the trailing 1-year period

20.36%

66.47%

-46.11%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.12%

48.95%

-29.83%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.22%

44.59%

-25.37%

Dividends

IJPH.L vs. TER - Dividend Comparison

IJPH.L has not paid dividends to shareholders, while TER's dividend yield for the trailing twelve months is around 0.12%.

PositionTTM20252024202320222021202020192018201720162015
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%
TER
Teradyne, Inc.		0.12%0.25%0.38%0.41%0.50%0.24%0.33%0.53%1.15%0.67%0.94%1.16%

Frequently Asked Questions

IJPH.L and TER have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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