IWRD.AS vs. IJPN.L
Compare and contrast key facts about iShares MSCI World UCITS ETF (IWRD.AS) and iShares MSCI Japan UCITS ETF (Dist) (IJPN.L).
IWRD.AS and IJPN.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IWRD.AS is a passively managed fund by iShares that tracks the performance of the MSCI ACWI NR USD. It was launched on Oct 28, 2005. IJPN.L is a passively managed fund by iShares that tracks the performance of the TOPIX TR JPY. It was launched on Oct 1, 2004. Both IWRD.AS and IJPN.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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IWRD.AS or IJPN.L.
Key characteristics
| IWRD.AS | IJPN.L | |
|---|---|---|
| YTD Return | 15.41% | 5.44% |
| 1Y Return | 20.39% | 5.42% |
| 3Y Return (Ann) | 8.77% | 1.65% |
| 5Y Return (Ann) | 11.67% | 4.91% |
| 10Y Return (Ann) | 10.95% | 8.14% |
| Sharpe Ratio | 2.02 | 0.36 |
| Daily Std Dev | 10.90% | 16.09% |
| Max Drawdown | -51.80% | -39.73% |
| Current Drawdown | -2.05% | -6.95% |
Correlation
The correlation between IWRD.AS and IJPN.L is 0.67, 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.
Performance
IWRD.AS vs. IJPN.L - Performance Comparison
In the year-to-date period, IWRD.AS achieves a 15.41% return, which is significantly higher than IJPN.L's 5.44% return. Over the past 10 years, IWRD.AS has outperformed IJPN.L with an annualized return of 10.95%, while IJPN.L has yielded a comparatively lower 8.14% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IWRD.AS vs. IJPN.L - Expense Ratio Comparison
IWRD.AS has a 0.50% expense ratio, which is lower than IJPN.L's 0.59% expense ratio.
Risk-Adjusted Performance
IWRD.AS vs. IJPN.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World UCITS ETF (IWRD.AS) and iShares MSCI Japan UCITS ETF (Dist) (IJPN.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.
Dividends
IWRD.AS vs. IJPN.L - Dividend Comparison
IWRD.AS's dividend yield for the trailing twelve months is around 1.23%, less than IJPN.L's 2.02% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IWRD.AS iShares MSCI World UCITS ETF | 1.23% | 1.44% | 1.57% | 1.19% | 1.40% | 1.81% | 2.14% | 1.90% | 1.88% | 1.99% | 2.05% | 2.34% |
IJPN.L iShares MSCI Japan UCITS ETF (Dist) | 2.02% | 1.81% | 2.10% | 1.66% | 1.75% | 1.90% | 1.89% | 1.53% | 1.55% | 0.87% | 2.70% | 1.20% |
Drawdowns
IWRD.AS vs. IJPN.L - Drawdown Comparison
The maximum IWRD.AS drawdown since its inception was -51.80%, which is greater than IJPN.L's maximum drawdown of -39.73%. Use the drawdown chart below to compare losses from any high point for IWRD.AS and IJPN.L. For additional features, visit the drawdowns tool.
Volatility
IWRD.AS vs. IJPN.L - Volatility Comparison
The current volatility for iShares MSCI World UCITS ETF (IWRD.AS) is 4.00%, while iShares MSCI Japan UCITS ETF (Dist) (IJPN.L) has a volatility of 5.77%. This indicates that IWRD.AS experiences smaller price fluctuations and is considered to be less risky than IJPN.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.