IJPN.L vs. EWJ
Compare and contrast key facts about iShares MSCI Japan UCITS ETF (Dist) (IJPN.L) and iShares MSCI Japan ETF (EWJ).
IJPN.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. IJPN.L is a passively managed fund by iShares that tracks the performance of the TOPIX TR JPY. It was launched on Oct 1, 2004. 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 IJPN.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: IJPN.L or EWJ.
Key characteristics
| IJPN.L | EWJ | |
|---|---|---|
| YTD Return | 7.15% | 6.39% |
| 1Y Return | 11.36% | 12.26% |
| 3Y Return (Ann) | 2.90% | 0.64% |
| 5Y Return (Ann) | 4.98% | 4.28% |
| 10Y Return (Ann) | 7.91% | 5.38% |
| Sharpe Ratio | 0.71 | 0.83 |
| Sortino Ratio | 1.03 | 1.21 |
| Omega Ratio | 1.15 | 1.15 |
| Calmar Ratio | 0.90 | 0.98 |
| Martin Ratio | 2.56 | 3.75 |
| Ulcer Index | 4.38% | 3.87% |
| Daily Std Dev | 15.65% | 17.36% |
| Max Drawdown | -39.73% | -58.89% |
| Current Drawdown | -5.45% | -7.19% |
Correlation
The correlation between IJPN.L and EWJ is 0.77, 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.
Performance
IJPN.L vs. EWJ - Performance Comparison
In the year-to-date period, IJPN.L achieves a 7.15% return, which is significantly higher than EWJ's 6.39% return. Over the past 10 years, IJPN.L has outperformed EWJ with an annualized return of 7.91%, while EWJ has yielded a comparatively lower 5.38% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IJPN.L vs. EWJ - Expense Ratio Comparison
IJPN.L has a 0.59% expense ratio, which is higher than EWJ's 0.49% expense ratio.
Risk-Adjusted Performance
IJPN.L vs. EWJ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Japan UCITS ETF (Dist) (IJPN.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
IJPN.L vs. EWJ - Dividend Comparison
IJPN.L's dividend yield for the trailing twelve months is around 1.99%, less than EWJ's 2.04% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IJPN.L iShares MSCI Japan UCITS ETF (Dist) | 1.99% | 1.81% | 2.10% | 1.66% | 1.75% | 1.90% | 1.89% | 1.53% | 1.55% | 0.87% | 2.70% | 1.20% |
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
IJPN.L vs. EWJ - Drawdown Comparison
The maximum IJPN.L drawdown since its inception was -39.73%, smaller than the maximum EWJ drawdown of -58.89%. Use the drawdown chart below to compare losses from any high point for IJPN.L and EWJ. For additional features, visit the drawdowns tool.
Volatility
IJPN.L vs. EWJ - Volatility Comparison
iShares MSCI Japan UCITS ETF (Dist) (IJPN.L) and iShares MSCI Japan ETF (EWJ) have volatilities of 4.53% and 4.51%, 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.