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IUS4.DE vs. BATG.DE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IUS4.DE vs. BATG.DE

Last updated Jun 5, 2026

IUS4.DE (iShares MSCI Japan Small Cap UCITS ETF (Dist)) and BATG.DE (L&G Japan ESG Exclusions Paris Aligned UCITS ETF USD Accumulating ETF) are both Japan Equities funds - IUS4.DE tracks the MSCI Japan Small Cap while BATG.DE tracks the Foxberry Sustainability Consensus Japan. Both are passively managed. A 0.64 correlation means they provide meaningful diversification when combined. IUS4.DE charges 0.58%/yr vs 0.16%/yr for BATG.DE.

Performance

IUS4.DE vs. BATG.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares MSCI Japan Small Cap UCITS ETF (Dist) (IUS4.DE) and L&G Japan ESG Exclusions Paris Aligned UCITS ETF USD Accumulating ETF (BATG.DE). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

IUS4.DE

1D
0.43%
1M
5.25%
YTD
14.74%
6M
16.38%
1Y
27.12%
3Y*
14.63%
5Y*
8.34%
10Y*
7.46%

BATG.DE

1D
—
1M
—
YTD
—
6M
—
1Y
—
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

IUS4.DE vs. BATG.DE - Yearly Performance Comparison

2026 (YTD)2025202420232022
IUS4.DE
iShares MSCI Japan Small Cap UCITS ETF (Dist)		14.74%15.96%9.46%9.42%3.75%
BATG.DE
L&G Japan ESG Exclusions Paris Aligned UCITS ETF USD Accumulating ETF		0.00%5.88%12.80%12.76%1.17%

Correlation

The correlation between IUS4.DE and BATG.DE is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (3Y)
Calculated over the trailing 3-year period

0.61

Correlation (All Time)
Calculated using the full available price history since Oct 28, 2022

0.64

The correlation between IUS4.DE and BATG.DE has been stable across timeframes, ranging from 0.61 to 0.64 - 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.

iShares MSCI Japan Small Cap UCITS ETF (Dist)

L&G Japan ESG Exclusions Paris Aligned UCITS ETF USD Accumulating ETF

Often compared with IUS4.DE:
IUS4.DE vs. SCHGIUS4.DE vs. EXX7.DEIUS4.DE vs. SXR6.DEIUS4.DE vs. XCJD.DEIUS4.DE vs. 36B4.DEIUS4.DE vs. EUNN.DEIUS4.DE vs. IQQJ.DE
Often compared with BATG.DE:
BATG.DE vs. AIAI.LBATG.DE vs. VTBATG.DE vs. VOOBATG.DE vs. VBATG.DE vs. 3JPN.DEBATG.DE vs. BATF.DEBATG.DE vs. XNKY.DE

Return for Risk

IUS4.DE vs. BATG.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IUS4.DE
IUS4.DE Risk / Return Rank: 5252
Overall Rank
IUS4.DE Sharpe Ratio Rank: 5050
Sharpe Ratio Rank
IUS4.DE Sortino Ratio Rank: 5353
Sortino Ratio Rank
IUS4.DE Omega Ratio Rank: 5050
Omega Ratio Rank
IUS4.DE Calmar Ratio Rank: 5454
Calmar Ratio Rank
IUS4.DE Martin Ratio Rank: 5454
Martin Ratio Rank
BATG.DE
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.

IUS4.DE vs. BATG.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Japan Small Cap UCITS ETF (Dist) (IUS4.DE) and L&G Japan ESG Exclusions Paris Aligned UCITS ETF USD Accumulating ETF (BATG.DE). 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.

IUS4.DEBATG.DEDifference
Sharpe ratioReturn per unit of total volatility
1.69

—

—

Sortino ratioReturn per unit of downside risk
2.51

—

—

Omega ratioGain probability vs. loss probability

1.31

—

—

Calmar ratioReturn relative to maximum drawdown

2.67

—

—

Martin ratioReturn relative to average drawdown

9.26

—

—

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IUS4.DE vs. BATG.DE - Sharpe Ratio Comparison

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Sharpe Ratios by Period

IUS4.DEBATG.DEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.69

—

—

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.55

—

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.47

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.56

—

—

Drawdowns

IUS4.DE vs. BATG.DE - Drawdown Comparison

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Drawdown Indicators

IUS4.DEBATG.DEDifference

Max Drawdown

Largest peak-to-trough decline

-32.63%

—

—

Max Drawdown (1Y)

Largest decline over 1 year

-10.12%

—

—

Max Drawdown (3Y)

Largest decline over 3 years

-12.92%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-21.47%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-32.63%

—

—

Current Drawdown

Current decline from peak

-0.73%

—

—

Average Drawdown

Average peak-to-trough decline

-6.41%

—

—

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.92%

—

—

Volatility

IUS4.DE vs. BATG.DE - Volatility Comparison

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Volatility by Period

IUS4.DEBATG.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.47%

—

—

Volatility (6M)

Calculated over the trailing 6-month period

13.58%

—

—

Volatility (1Y)

Calculated over the trailing 1-year period

15.94%

—

—

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.91%

—

—

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.94%

—

—

IUS4.DE vs. BATG.DE - Expense Ratio Comparison

IUS4.DE has a 0.58% expense ratio, which is higher than BATG.DE's 0.16% expense ratio.

Dividends

IUS4.DE vs. BATG.DE - Dividend Comparison

IUS4.DE's dividend yield for the trailing twelve months is around 0.87%, while BATG.DE has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
BATG.DE
L&G Japan ESG Exclusions Paris Aligned UCITS ETF USD Accumulating ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
IUS4.DE
iShares MSCI Japan Small Cap UCITS ETF (Dist)		0.87%1.88%1.70%1.77%2.10%1.47%1.60%1.45%1.41%1.31%1.15%0.70%

Frequently Asked Questions

IUS4.DE and BATG.DE have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, BATG.DE is cheaper at 0.16% per year. The better choice depends on whether you care most about return, fees, risk, or income.

BATG.DE is cheaper with a 0.16% expense ratio, compared with 0.58% for IUS4.DE.

IUS4.DE tracks MSCI Japan Small Cap, while BATG.DE tracks Foxberry Sustainability Consensus Japan. They also come from different issuers: iShares and LGIM Managers (Europe) Limited. Their fees differ too: 0.58% for IUS4.DE and 0.16% for BATG.DE.

Portfolio Optimizer

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