IUKD.L vs. CPJ1.L

Last updated Apr 2, 2026

Compare and contrast key facts about iShares UK Dividend UCITS ETF (IUKD.L) and iShares VII plc - iShares Core MSCI Pac ex-Jpn ETF USD Acc (CPJ1.L).

IUKD.L and CPJ1.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IUKD.L is a passively managed fund by iShares that tracks the performance of the FTSE UK Dividend+ Index. It was launched on Nov 4, 2005. CPJ1.L is a passively managed fund by iShares that tracks the performance of the MSCI Pacific Ex Japan NR USD. It was launched on Jan 12, 2010. Both IUKD.L and CPJ1.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

IUKD.L vs. CPJ1.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares UK Dividend UCITS ETF (IUKD.L) and iShares VII plc - iShares Core MSCI Pac ex-Jpn ETF USD Acc (CPJ1.L). The values are adjusted to include any dividend payments, if applicable.

IUKD.L vs. CPJ1.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IUKD.L iShares UK Dividend UCITS ETF	4.23%	32.12%	12.27%	5.81%	-1.44%	23.43%	-17.92%	18.86%	-14.11%	6.92%
CPJ1.L iShares VII plc - iShares Core MSCI Pac ex-Jpn ETF USD Acc	7.12%	12.05%	6.89%	0.15%	4.86%	5.71%	3.46%	14.30%	-5.53%	15.18%

Returns By Period

In the year-to-date period, IUKD.L achieves a 4.23% return, which is significantly lower than CPJ1.L's 7.12% return. Over the past 10 years, IUKD.L has underperformed CPJ1.L with an annualized return of 6.92%, while CPJ1.L has yielded a comparatively higher 8.53% annualized return.

IUKD.L

• 1D: 1.27%
• 1M: -5.03%
• YTD: 4.23%
• 6M: 14.22%
• 1Y: 29.16%
• 3Y*: 17.29%
• 5Y*: 12.62%
• 10Y*: 6.92%

CPJ1.L

• 1D: 1.78%
• 1M: -3.65%
• YTD: 7.12%
• 6M: 7.29%
• 1Y: 21.49%
• 3Y*: 8.72%
• 5Y*: 6.50%
• 10Y*: 8.53%

*Multi-year figures are annualized to reflect compound growth (CAGR)

IUKD.L vs. CPJ1.L - Expense Ratio Comparison

IUKD.L has a 0.40% expense ratio, which is higher than CPJ1.L's 0.20% expense ratio.

IUKD.L

iShares UK Dividend UCITS ETF

CPJ1.L

iShares VII plc - iShares Core MSCI Pac ex-Jpn ETF USD Acc

Return for Risk

IUKD.L vs. CPJ1.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IUKD.L

IUKD.L Risk / Return Rank: 91
IUKD.L Sharpe Ratio Rank: 92
IUKD.L Sortino Ratio Rank: 91
IUKD.L Omega Ratio Rank: 93
IUKD.L Calmar Ratio Rank: 89
IUKD.L Martin Ratio Rank: 89

CPJ1.L

CPJ1.L Risk / Return Rank: 78
CPJ1.L Sharpe Ratio Rank: 78
CPJ1.L Sortino Ratio Rank: 74
CPJ1.L Omega Ratio Rank: 80
CPJ1.L Calmar Ratio Rank: 81
CPJ1.L Martin Ratio Rank: 77

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.

IUKD.L vs. CPJ1.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares UK Dividend UCITS ETF (IUKD.L) and iShares VII plc - iShares Core MSCI Pac ex-Jpn ETF USD Acc (CPJ1.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.

	IUKD.L	CPJ1.L	Difference
Sharpe ratio Return per unit of total volatility	2.14	1.52	+0.62
Sortino ratio Return per unit of downside risk	2.68	1.96	+0.72
Omega ratio Gain probability vs. loss probability	1.44	1.32	+0.12
Calmar ratio Return relative to maximum drawdown	3.00	2.49	+0.51
Martin ratio Return relative to average drawdown	11.87	8.94	+2.93
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IUKD.L vs. CPJ1.L - Sharpe Ratio Comparison

The current IUKD.L Sharpe Ratio is 2.14, which is higher than the CPJ1.L Sharpe Ratio of 1.52. The chart below compares the historical Sharpe Ratios of IUKD.L and CPJ1.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	IUKD.L	CPJ1.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.14	1.52	+0.62
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.91	0.47	+0.44
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.40	0.53	-0.13
Sharpe Ratio (All Time) Calculated using the full available price history	0.27	0.45	-0.18

Correlation

The correlation between IUKD.L and CPJ1.L is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

IUKD.L vs. CPJ1.L - Dividend Comparison

IUKD.L's dividend yield for the trailing twelve months is around 4.66%, while CPJ1.L has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IUKD.L iShares UK Dividend UCITS ETF	4.66%	4.85%	5.78%	5.34%	6.39%	5.68%	4.11%	5.70%	6.86%	5.19%	4.87%	5.67%
CPJ1.L iShares VII plc - iShares Core MSCI Pac ex-Jpn ETF USD Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

IUKD.L vs. CPJ1.L - Drawdown Comparison

The maximum IUKD.L drawdown since its inception was -61.95%, which is greater than CPJ1.L's maximum drawdown of -32.49%. Use the drawdown chart below to compare losses from any high point for IUKD.L and CPJ1.L.

Drawdown Indicators

	IUKD.L	CPJ1.L	Difference
Max Drawdown Largest peak-to-trough decline	-61.95%	-32.49%	-29.46%
Max Drawdown (1Y) Largest decline over 1 year	-9.92%	-11.14%	+1.22%
Max Drawdown (5Y) Largest decline over 5 years	-19.93%	-17.61%	-2.32%
Max Drawdown (10Y) Largest decline over 10 years	-44.34%	-32.49%	-11.85%
Current Drawdown Current decline from peak	-6.08%	-4.50%	-1.58%
Average Drawdown Average peak-to-trough decline	-15.07%	-6.96%	-8.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.51%	2.42%	+0.09%

Volatility

IUKD.L vs. CPJ1.L - Volatility Comparison

iShares UK Dividend UCITS ETF (IUKD.L) has a higher volatility of 5.31% compared to iShares VII plc - iShares Core MSCI Pac ex-Jpn ETF USD Acc (CPJ1.L) at 4.53%. This indicates that IUKD.L's price experiences larger fluctuations and is considered to be riskier than CPJ1.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IUKD.L	CPJ1.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.31%	4.53%	+0.78%
Volatility (6M) Calculated over the trailing 6-month period	8.71%	8.43%	+0.28%
Volatility (1Y) Calculated over the trailing 1-year period	13.56%	14.19%	-0.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.87%	13.73%	+0.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.22%	15.95%	+1.27%