IUS4.DE vs. SGAJ.DE
IUS4.DE (iShares MSCI Japan Small Cap UCITS ETF (Dist)) and SGAJ.DE (iShares MSCI Japan ESG Screened UCITS ETF USD (Acc)) are both Japan Equities funds from iShares - IUS4.DE tracks the MSCI Japan Small Cap while SGAJ.DE tracks the MSCI Japan ESG Screened. Both are passively managed. Over the past 5 years, IUS4.DE returned 8.34%/yr vs 9.71%/yr for SGAJ.DE. Their correlation of 0.88 suggests significant overlap in exposure. IUS4.DE charges 0.58%/yr vs 0.15%/yr for SGAJ.DE.
Performance
IUS4.DE vs. SGAJ.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IUS4.DE achieves a 14.74% return, which is significantly lower than SGAJ.DE's 17.45% return.
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%
SGAJ.DE
- 1D
- -0.33%
- 1M
- 6.57%
- YTD
- 17.45%
- 6M
- 17.20%
- 1Y
- 30.86%
- 3Y*
- 15.05%
- 5Y*
- 9.71%
- 10Y*
- —
IUS4.DE vs. SGAJ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
IUS4.DE iShares MSCI Japan Small Cap UCITS ETF (Dist) | 14.74% | 15.96% | 9.46% | 9.42% | -7.69% | 5.35% | -2.06% | 21.73% | -7.50% |
SGAJ.DE iShares MSCI Japan ESG Screened UCITS ETF USD (Acc) | 17.45% | 11.73% | 13.07% | 16.02% | -12.85% | 9.72% | 5.86% | 23.60% | -6.85% |
Correlation
The correlation between IUS4.DE and SGAJ.DE is 0.79, 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 | 0.79 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.84 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.86 |
Correlation (All Time) Calculated using the full available price history since Oct 25, 2018 | 0.88 |
The correlation between IUS4.DE and SGAJ.DE has been stable across timeframes, ranging from 0.79 to 0.88 - a consistent structural relationship.
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Return for Risk
IUS4.DE vs. SGAJ.DE — Risk / Return Rank
IUS4.DE
SGAJ.DE
IUS4.DE vs. SGAJ.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 iShares MSCI Japan ESG Screened UCITS ETF USD (Acc) (SGAJ.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.DE | SGAJ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.07 | ||
| Sortino ratioReturn per unit of downside risk | +0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.31 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.67 | 2.96 | -0.29 |
| Martin ratioReturn relative to average drawdown | 9.26 | 9.77 | -0.50 |
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
| IUS4.DE | SGAJ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.69 | 1.62 | +0.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.55 | 0.57 | -0.02 |
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 | 0.55 | +0.01 |
Drawdowns
IUS4.DE vs. SGAJ.DE - Drawdown Comparison
The maximum IUS4.DE drawdown since its inception was -32.63%, which is greater than SGAJ.DE's maximum drawdown of -28.20%. Use the drawdown chart below to compare losses from any high point for IUS4.DE and SGAJ.DE.
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Drawdown Indicators
| IUS4.DE | SGAJ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.63% | -28.20% | -4.43% |
Max Drawdown (1Y)Largest decline over 1 year | -10.12% | -10.37% | +0.25% |
Max Drawdown (3Y)Largest decline over 3 years | -12.92% | -17.14% | +4.22% |
Max Drawdown (5Y)Largest decline over 5 years | -21.47% | -19.32% | -2.15% |
Max Drawdown (10Y)Largest decline over 10 years | -32.63% | — | — |
Current DrawdownCurrent decline from peak | -0.73% | -0.33% | -0.40% |
Average DrawdownAverage peak-to-trough decline | -6.41% | -5.79% | -0.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.92% | 3.15% | -0.23% |
Volatility
IUS4.DE vs. SGAJ.DE - Volatility Comparison
iShares MSCI Japan Small Cap UCITS ETF (Dist) (IUS4.DE) and iShares MSCI Japan ESG Screened UCITS ETF USD (Acc) (SGAJ.DE) have volatilities of 3.47% and 3.44%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IUS4.DE | SGAJ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.47% | 3.44% | +0.03% |
Volatility (6M)Calculated over the trailing 6-month period | 13.58% | 15.00% | -1.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.94% | 18.93% | -2.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.91% | 16.69% | -1.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.94% | 17.41% | -1.47% |
IUS4.DE vs. SGAJ.DE - Expense Ratio Comparison
IUS4.DE has a 0.58% expense ratio, which is higher than SGAJ.DE's 0.15% expense ratio.
Dividends
IUS4.DE vs. SGAJ.DE - Dividend Comparison
IUS4.DE's dividend yield for the trailing twelve months is around 0.87%, while SGAJ.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SGAJ.DE iShares MSCI Japan ESG Screened UCITS 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% |
Frequently Asked Questions
IUS4.DE and SGAJ.DE have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SGAJ.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SGAJ.DE is cheaper with a 0.15% expense ratio, compared with 0.58% for IUS4.DE.
IUS4.DE tracks MSCI Japan Small Cap, while SGAJ.DE tracks MSCI Japan ESG Screened. Their fees differ too: 0.58% for IUS4.DE and 0.15% for SGAJ.DE.
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