IPXJ.L vs. PRIJ.L
IPXJ.L (iShares MSCI Pacific ex-Japan UCITS ETF USD (Dist)) and PRIJ.L (Amundi Prime Japan UCITS ETF DR (D)) are both Japan Equities funds - IPXJ.L tracks the iShares MSCI Pacific ex-Japan UCITS ETF USD (Dist) while PRIJ.L tracks the TOPIX TR JPY. Both are passively managed. Over the past 5 years, IPXJ.L returned 5.56%/yr vs 9.75%/yr for PRIJ.L. A 0.61 correlation means they provide meaningful diversification when combined. IPXJ.L charges 0.60%/yr vs 0.05%/yr for PRIJ.L.
Performance
IPXJ.L vs. PRIJ.L - Performance Comparison
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Different Trading Currencies
IPXJ.L is traded in USD, while PRIJ.L is traded in GBp. To make them comparable, the PRIJ.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, IPXJ.L achieves a 10.20% return, which is significantly lower than PRIJ.L's 16.14% return.
IPXJ.L
- 1D
- -0.55%
- 1M
- 1.44%
- 6M
- 8.32%
- YTD
- 10.20%
- 1Y
- 15.90%
- 3Y*
- 12.30%
- 5Y*
- 5.56%
- 10Y*
- 7.06%
PRIJ.L
- 1D
- -0.67%
- 1M
- 0.57%
- 6M
- 10.41%
- YTD
- 16.14%
- 1Y
- 35.61%
- 3Y*
- 18.07%
- 5Y*
- 9.75%
- 10Y*
- —
IPXJ.L vs. PRIJ.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
IPXJ.L iShares MSCI Pacific ex-Japan UCITS ETF USD (Dist) | 10.20% | 19.91% | 4.45% | 5.64% | -6.26% | 3.62% | 6.65% | 5.26% |
PRIJ.L Amundi Prime Japan UCITS ETF DR (D) | 16.14% | 26.69% | 7.20% | 19.78% | -16.36% | 1.56% | 15.67% | 11.10% |
Correlation
The correlation between IPXJ.L and PRIJ.L is 0.60, 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 | 0.60 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.57 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.61 |
Correlation (All Time) Calculated using the full available price history since Mar 19, 2019 | 0.61 |
The correlation between IPXJ.L and PRIJ.L has been stable across timeframes, ranging from 0.57 to 0.61 - a consistent structural relationship.
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Return for Risk
IPXJ.L vs. PRIJ.L — Risk / Return Rank
IPXJ.L
PRIJ.L
IPXJ.L vs. PRIJ.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Pacific ex-Japan UCITS ETF USD (Dist) (IPXJ.L) and Amundi Prime Japan UCITS ETF DR (D) (PRIJ.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.
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.
| IPXJ.L | PRIJ.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.59 | ||
| Sortino ratioReturn per unit of downside risk | -0.68 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.32 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 1.81 | 2.70 | -0.88 |
| Martin ratioReturn relative to average drawdown | 4.92 | 8.87 | -3.95 |
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Drawdowns
IPXJ.L vs. PRIJ.L - Drawdown Comparison
The maximum IPXJ.L drawdown since its inception was -38.93%, which is greater than PRIJ.L's maximum drawdown of -32.13%. Use the drawdown chart below to compare losses from any high point for IPXJ.L and PRIJ.L.
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Drawdown Indicators
| IPXJ.L | PRIJ.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.93% | -32.13% | -6.80% |
Max Drawdown (1Y)Largest decline over 1 year | -8.53% | -13.14% | +4.61% |
Max Drawdown (3Y)Largest decline over 3 years | -18.67% | -13.37% | -5.30% |
Max Drawdown (5Y)Largest decline over 5 years | -24.44% | -32.13% | +7.69% |
Max Drawdown (10Y)Largest decline over 10 years | -38.93% | — | — |
Current DrawdownCurrent decline from peak | -1.69% | -2.16% | +0.47% |
Average DrawdownAverage peak-to-trough decline | -8.62% | -7.80% | -0.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.15% | 4.00% | -0.85% |
Volatility
IPXJ.L vs. PRIJ.L - Volatility Comparison
The current volatility for iShares MSCI Pacific ex-Japan UCITS ETF USD (Dist) (IPXJ.L) is 3.37%, while Amundi Prime Japan UCITS ETF DR (D) (PRIJ.L) has a volatility of 5.80%. This indicates that IPXJ.L experiences smaller price fluctuations and is considered to be less risky than PRIJ.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IPXJ.L | PRIJ.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.37% | 5.80% | -2.43% |
Volatility (6M)Calculated over the trailing 6-month period | 11.42% | 16.89% | -5.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.84% | 20.76% | -6.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.21% | 17.94% | -0.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.71% | 18.39% | -0.68% |
IPXJ.L vs. PRIJ.L - Expense Ratio Comparison
IPXJ.L has a 0.60% expense ratio, which is higher than PRIJ.L's 0.05% expense ratio.
Dividends
IPXJ.L vs. PRIJ.L - Dividend Comparison
IPXJ.L's dividend yield for the trailing twelve months is around 3.56%, more than PRIJ.L's 1.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IPXJ.L iShares MSCI Pacific ex-Japan UCITS ETF USD (Dist) | 3.56% | 2.88% | 3.49% | 3.50% | 3.76% | 2.92% | 2.45% | 3.58% | 3.92% | 3.19% | 3.48% | 3.44% |
PRIJ.L Amundi Prime Japan UCITS ETF DR (D) | 1.53% | 1.76% | 1.89% | 1.89% | 2.17% | 1.81% | 1.71% | 1.89% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IPXJ.L and PRIJ.L have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PRIJ.L is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PRIJ.L is cheaper with a 0.05% expense ratio, compared with 0.60% for IPXJ.L.
IPXJ.L tracks iShares MSCI Pacific ex-Japan UCITS ETF USD (Dist), while PRIJ.L tracks TOPIX TR JPY. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.60% for IPXJ.L and 0.05% for PRIJ.L.
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