IJPN.L vs. IJPIX
IJPN.L (iShares MSCI Japan UCITS ETF (Dist)) and IJPIX (VY JPMorgan Emerging Markets Equity Portfolio) are both funds - IJPN.L is a Japan Equities fund tracking the TOPIX TR JPY, while IJPIX is a Emerging Markets Diversified fund managed by Voya. Over the past 10 years, IJPN.L returned 10.48%/yr vs 12.13%/yr for IJPIX. At a 0.48 correlation, their price movements are largely independent. IJPN.L charges 0.59%/yr vs 1.51%/yr for IJPIX.
Performance
IJPN.L vs. IJPIX - Performance Comparison
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Different Trading Currencies
IJPN.L is traded in GBp, while IJPIX is traded in USD. To make them comparable, the IJPIX values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, IJPN.L achieves a 16.83% return, which is significantly lower than IJPIX's 32.21% return. Over the past 10 years, IJPN.L has underperformed IJPIX with an annualized return of 10.48%, while IJPIX has yielded a comparatively higher 12.13% annualized return.
IJPN.L
- 1D
- -0.35%
- 1M
- 3.86%
- YTD
- 16.83%
- 6M
- 16.00%
- 1Y
- 36.20%
- 3Y*
- 16.17%
- 5Y*
- 10.52%
- 10Y*
- 10.48%
IJPIX
- 1D
- -0.54%
- 1M
- 5.20%
- YTD
- 32.21%
- 6M
- 33.38%
- 1Y
- 62.87%
- 3Y*
- 21.10%
- 5Y*
- 6.27%
- 10Y*
- 12.13%
IJPN.L vs. IJPIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IJPN.L iShares MSCI Japan UCITS ETF (Dist) | 16.83% | 18.18% | 9.39% | 14.03% | -7.13% | 2.20% | 12.46% | 14.55% | -8.45% | 13.27% |
IJPIX VY JPMorgan Emerging Markets Equity Portfolio | 32.21% | 29.05% | 3.69% | 1.25% | -17.38% | -9.14% | 29.37% | 26.71% | -11.83% | 30.74% |
Correlation
The correlation between IJPN.L and IJPIX is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.34 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Jul 4, 2007 | 0.48 |
The correlation between IJPN.L and IJPIX shifts across timeframes, from 0.31 (1 year) to 0.48 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
IJPN.L vs. IJPIX — Risk / Return Rank
IJPN.L
IJPIX
IJPN.L vs. IJPIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Japan UCITS ETF (Dist) (IJPN.L) and VY JPMorgan Emerging Markets Equity Portfolio (IJPIX). 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.
| IJPN.L | IJPIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.32 | ||
| Sortino ratioReturn per unit of downside risk | -2.34 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.74 | -0.39 |
| Calmar ratioReturn relative to maximum drawdown | 3.22 | 7.21 | -3.99 |
| Martin ratioReturn relative to average drawdown | 10.52 | 27.22 | -16.71 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IJPN.L | IJPIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.88 | 4.20 | -2.32 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.66 | 0.36 | +0.30 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.65 | 0.66 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.37 | +0.05 |
Drawdowns
IJPN.L vs. IJPIX - Drawdown Comparison
The maximum IJPN.L drawdown since its inception was -39.73%, smaller than the maximum IJPIX drawdown of -51.86%. Use the drawdown chart below to compare losses from any high point for IJPN.L and IJPIX.
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Drawdown Indicators
| IJPN.L | IJPIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.73% | -51.86% | +12.13% |
Max Drawdown (1Y)Largest decline over 1 year | -10.80% | -10.37% | -0.43% |
Max Drawdown (3Y)Largest decline over 3 years | -14.09% | -15.53% | +1.44% |
Max Drawdown (5Y)Largest decline over 5 years | -18.57% | -33.76% | +15.19% |
Max Drawdown (10Y)Largest decline over 10 years | -24.34% | -39.13% | +14.79% |
Current DrawdownCurrent decline from peak | -0.35% | -0.54% | +0.19% |
Average DrawdownAverage peak-to-trough decline | -10.09% | -14.13% | +4.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.32% | 2.68% | +0.64% |
Volatility
IJPN.L vs. IJPIX - Volatility Comparison
The current volatility for iShares MSCI Japan UCITS ETF (Dist) (IJPN.L) is 3.88%, while VY JPMorgan Emerging Markets Equity Portfolio (IJPIX) has a volatility of 7.54%. This indicates that IJPN.L experiences smaller price fluctuations and is considered to be less risky than IJPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IJPN.L | IJPIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.88% | 7.54% | -3.66% |
Volatility (6M)Calculated over the trailing 6-month period | 15.00% | 14.75% | +0.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.54% | 17.83% | +0.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.88% | 17.72% | -1.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.98% | 18.77% | -2.79% |
IJPN.L vs. IJPIX - Expense Ratio Comparison
IJPN.L has a 0.59% expense ratio, which is lower than IJPIX's 1.51% expense ratio.
Dividends
IJPN.L vs. IJPIX - Dividend Comparison
IJPN.L's dividend yield for the trailing twelve months is around 2.03%, less than IJPIX's 19.65% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IJPIX VY JPMorgan Emerging Markets Equity Portfolio | 19.65% | 25.88% | 0.82% | 1.67% | 42.85% | 8.66% | 5.75% | 5.37% | 0.66% | 0.40% | 1.15% | 9.47% |
IJPN.L iShares MSCI Japan UCITS ETF (Dist) | 2.03% | 2.25% | 1.95% | 1.81% | 2.10% | 1.66% | 1.75% | 1.90% | 1.89% | 1.53% | 1.55% | 0.87% |
Frequently Asked Questions
IJPN.L and IJPIX have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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