INAA.AS vs. SPXJ.L
INAA.AS (iShares MSCI North America UCITS ETF) and SPXJ.L (iShares MSCI Pacific ex-Japan UCITS ETF (Dist)) are both exchange-traded funds - INAA.AS is a Large Cap Blend Equities fund tracking the Russell 1000 TR USD, while SPXJ.L is a Asia Pacific Equities fund tracking the MSCI Pacific Ex Japan NR USD. Both are passively managed. Over the past 10 years, INAA.AS returned 14.31%/yr vs 7.29%/yr for SPXJ.L. A 0.58 correlation means they provide meaningful diversification when combined. INAA.AS charges 0.40%/yr vs 0.60%/yr for SPXJ.L.
Performance
INAA.AS vs. SPXJ.L - Performance Comparison
Loading charts...
Different Trading Currencies
INAA.AS is traded in EUR, while SPXJ.L is traded in GBp. To make them comparable, the SPXJ.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, INAA.AS achieves a 11.30% return, which is significantly higher than SPXJ.L's 10.55% return. Over the past 10 years, INAA.AS has outperformed SPXJ.L with an annualized return of 14.31%, while SPXJ.L has yielded a comparatively lower 7.29% annualized return.
INAA.AS
- 1D
- -0.35%
- 1M
- 5.90%
- YTD
- 11.30%
- 6M
- 11.28%
- 1Y
- 24.90%
- 3Y*
- 18.79%
- 5Y*
- 13.88%
- 10Y*
- 14.31%
SPXJ.L
- 1D
- -0.70%
- 1M
- 1.32%
- YTD
- 10.55%
- 6M
- 11.37%
- 1Y
- 14.65%
- 3Y*
- 10.24%
- 5Y*
- 5.62%
- 10Y*
- 7.29%
INAA.AS vs. SPXJ.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
INAA.AS iShares MSCI North America UCITS ETF | 11.30% | 4.00% | 32.96% | 20.94% | -14.85% | 37.53% | 9.22% | 32.33% | -1.61% | 6.00% |
SPXJ.L iShares MSCI Pacific ex-Japan UCITS ETF (Dist) | 10.55% | 5.96% | 12.11% | 1.05% | -0.94% | 12.36% | -2.80% | 21.96% | -7.62% | 9.68% |
Correlation
The correlation between INAA.AS and SPXJ.L is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.55 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.51 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.51 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since Apr 21, 2009 | 0.58 |
The correlation between INAA.AS and SPXJ.L has been stable across timeframes, ranging from 0.51 to 0.58 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
INAA.AS vs. SPXJ.L — Risk / Return Rank
INAA.AS
SPXJ.L
INAA.AS vs. SPXJ.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI North America UCITS ETF (INAA.AS) and iShares MSCI Pacific ex-Japan UCITS ETF (Dist) (SPXJ.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.
| INAA.AS | SPXJ.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.86 | ||
| Sortino ratioReturn per unit of downside risk | +0.98 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.24 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 3.39 | 2.39 | +1.00 |
| Martin ratioReturn relative to average drawdown | 12.05 | 7.10 | +4.95 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| INAA.AS | SPXJ.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.17 | 1.32 | +0.86 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.90 | 0.41 | +0.49 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.87 | 0.48 | +0.39 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.63 | 0.55 | +0.08 |
Drawdowns
INAA.AS vs. SPXJ.L - Drawdown Comparison
The maximum INAA.AS drawdown since its inception was -51.35%, which is greater than SPXJ.L's maximum drawdown of -36.48%. Use the drawdown chart below to compare losses from any high point for INAA.AS and SPXJ.L.
Loading charts...
Drawdown Indicators
| INAA.AS | SPXJ.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.35% | -36.48% | -14.87% |
Max Drawdown (1Y)Largest decline over 1 year | -7.25% | -6.47% | -0.78% |
Max Drawdown (3Y)Largest decline over 3 years | -23.43% | -20.29% | -3.14% |
Max Drawdown (5Y)Largest decline over 5 years | -23.43% | -20.29% | -3.14% |
Max Drawdown (10Y)Largest decline over 10 years | -34.42% | -36.48% | +2.06% |
Current DrawdownCurrent decline from peak | -0.35% | -1.15% | +0.80% |
Average DrawdownAverage peak-to-trough decline | -8.31% | -6.32% | -1.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.05% | 2.16% | -0.11% |
Volatility
INAA.AS vs. SPXJ.L - Volatility Comparison
The current volatility for iShares MSCI North America UCITS ETF (INAA.AS) is 2.71%, while iShares MSCI Pacific ex-Japan UCITS ETF (Dist) (SPXJ.L) has a volatility of 3.62%. This indicates that INAA.AS experiences smaller price fluctuations and is considered to be less risky than SPXJ.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| INAA.AS | SPXJ.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.71% | 3.62% | -0.91% |
Volatility (6M)Calculated over the trailing 6-month period | 7.44% | 8.77% | -1.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.40% | 11.75% | -0.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.31% | 15.85% | -0.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.17% | 18.16% | -1.99% |
INAA.AS vs. SPXJ.L - Expense Ratio Comparison
INAA.AS has a 0.40% expense ratio, which is lower than SPXJ.L's 0.60% expense ratio.
Dividends
INAA.AS vs. SPXJ.L - Dividend Comparison
INAA.AS's dividend yield for the trailing twelve months is around 0.52%, less than SPXJ.L's 2.77% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
INAA.AS iShares MSCI North America UCITS ETF | 0.52% | 0.59% | 0.69% | 0.92% | 1.08% | 0.62% | 0.94% | 1.10% | 1.21% | 1.18% | 1.25% | 1.39% |
SPXJ.L iShares MSCI Pacific ex-Japan UCITS ETF (Dist) | 2.77% | 2.93% | 3.42% | 3.60% | 3.75% | 2.84% | 2.63% | 3.63% | 3.71% | 3.36% | 3.20% | 3.30% |
Frequently Asked Questions
INAA.AS and SPXJ.L have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, INAA.AS is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
INAA.AS is cheaper with a 0.40% expense ratio, compared with 0.60% for SPXJ.L.
INAA.AS is categorized as Large Cap Blend Equities, while SPXJ.L is Asia Pacific Equities. INAA.AS tracks Russell 1000 TR USD, while SPXJ.L tracks MSCI Pacific Ex Japan NR USD. Their fees differ too: 0.40% for INAA.AS and 0.60% for SPXJ.L.
Find the right allocation for INAA.AS and SPXJ.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer