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JAPN.TO vs. CJP.NEO
Performance
Return for Risk
Dividends
Drawdowns
Volatility

JAPN.TO vs. CJP.NEO

Last updated Apr 2, 2026

Compare and contrast key facts about CI WisdomTree Japan Equity Index ETF (JAPN.TO) and iShares Japan Fundamental Index ETF (CAD-Hedged) (CJP.NEO).

JAPN.TO and CJP.NEO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JAPN.TO is a passively managed fund by CI Investments that tracks the performance of the WisdomTree Japan Equity Index CAD. It was launched on Aug 1, 2018. CJP.NEO is a passively managed fund by iShares that tracks the performance of the FTSE RAFI Japan Canadian Dollar Hedged Index. It was launched on Feb 14, 2007. Both JAPN.TO and CJP.NEO 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

JAPN.TO vs. CJP.NEO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in CI WisdomTree Japan Equity Index ETF (JAPN.TO) and iShares Japan Fundamental Index ETF (CAD-Hedged) (CJP.NEO). The values are adjusted to include any dividend payments, if applicable.

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JAPN.TO vs. CJP.NEO - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
JAPN.TO
CI WisdomTree Japan Equity Index ETF		12.76%30.66%29.25%35.51%10.82%16.05%2.20%16.56%-15.95%
CJP.NEO
iShares Japan Fundamental Index ETF (CAD-Hedged)		9.43%30.67%26.74%35.03%3.67%18.19%0.18%13.12%-13.70%

Returns By Period

In the year-to-date period, JAPN.TO achieves a 12.76% return, which is significantly higher than CJP.NEO's 9.43% return.

JAPN.TO

1D
3.34%
1M
-2.84%
YTD
12.76%
6M
27.48%
1Y
49.27%
3Y*
36.19%
5Y*
24.29%
10Y*
—

CJP.NEO

1D
2.35%
1M
-3.54%
YTD
9.43%
6M
22.11%
1Y
44.20%
3Y*
31.16%
5Y*
21.18%
10Y*
15.12%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

CI WisdomTree Japan Equity Index ETF

iShares Japan Fundamental Index ETF (CAD-Hedged)

Often compared with JAPN.TO:
JAPN.TO vs. VOOJAPN.TO vs. VGTJAPN.TO vs. YCSJAPN.TO vs. DXJJAPN.TO vs. EWTJAPN.TO vs. DXJSJAPN.TO vs. XCH.TO
Often compared with CJP.NEO:
CJP.NEO vs. ZJPN.TOCJP.NEO vs. VCE.TOCJP.NEO vs. EWJCJP.NEO vs. XEF.TOCJP.NEO vs. AGF-B.TOCJP.NEO vs. XEQT.TOCJP.NEO vs. FLJP

JAPN.TO vs. CJP.NEO - Expense Ratio Comparison

JAPN.TO has a 0.48% expense ratio, which is lower than CJP.NEO's 0.71% expense ratio.

CJP.NEO
iShares Japan Fundamental Index ETF (CAD-Hedged)
JAPN.TO
CI WisdomTree Japan Equity Index ETF

Return for Risk

JAPN.TO vs. CJP.NEO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
JAPN.TO
JAPN.TO Risk / Return Rank: 9494
Overall Rank
JAPN.TO Sharpe Ratio Rank: 9292
Sharpe Ratio Rank
JAPN.TO Sortino Ratio Rank: 9494
Sortino Ratio Rank
JAPN.TO Omega Ratio Rank: 9595
Omega Ratio Rank
JAPN.TO Calmar Ratio Rank: 9595
Calmar Ratio Rank
JAPN.TO Martin Ratio Rank: 9494
Martin Ratio Rank
CJP.NEO
CJP.NEO Risk / Return Rank: 9090
Overall Rank
CJP.NEO Sharpe Ratio Rank: 9090
Sharpe Ratio Rank
CJP.NEO Sortino Ratio Rank: 9191
Sortino Ratio Rank
CJP.NEO Omega Ratio Rank: 9090
Omega Ratio Rank
CJP.NEO Calmar Ratio Rank: 8989
Calmar Ratio Rank
CJP.NEO Martin Ratio Rank: 9090
Martin Ratio Rank
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.

JAPN.TO vs. CJP.NEO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CI WisdomTree Japan Equity Index ETF (JAPN.TO) and iShares Japan Fundamental Index ETF (CAD-Hedged) (CJP.NEO). 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.

JAPN.TOCJP.NEODifference

Sharpe ratio

Return per unit of total volatility

2.19

2.08

+0.11

Sortino ratio

Return per unit of downside risk

2.99

2.71

+0.29

Omega ratio

Gain probability vs. loss probability

1.47

1.40

+0.07

Calmar ratio

Return relative to maximum drawdown

4.04

3.19

+0.85

Martin ratio

Return relative to average drawdown

15.47

12.50

+2.97

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

JAPN.TO vs. CJP.NEO - Sharpe Ratio Comparison

The current JAPN.TO Sharpe Ratio is 2.19, which is comparable to the CJP.NEO Sharpe Ratio of 2.08. The chart below compares the historical Sharpe Ratios of JAPN.TO and CJP.NEO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

JAPN.TOCJP.NEODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.19

2.08

+0.11

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.30

1.16

+0.14

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.76

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.91

0.43

+0.48

Correlation

The correlation between JAPN.TO and CJP.NEO is 0.49, 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

JAPN.TO vs. CJP.NEO - Dividend Comparison

JAPN.TO's dividend yield for the trailing twelve months is around 2.14%, more than CJP.NEO's 1.35% yield.

TTM20252024202320222021202020192018201720162015
JAPN.TO
CI WisdomTree Japan Equity Index ETF		2.14%2.08%1.58%1.51%2.59%1.35%1.36%2.12%0.62%0.00%0.00%0.00%
CJP.NEO
iShares Japan Fundamental Index ETF (CAD-Hedged)		1.35%1.48%1.71%1.24%1.96%1.56%1.97%2.42%2.38%1.48%0.97%0.84%

Drawdowns

JAPN.TO vs. CJP.NEO - Drawdown Comparison

The maximum JAPN.TO drawdown since its inception was -28.88%, smaller than the maximum CJP.NEO drawdown of -38.36%. Use the drawdown chart below to compare losses from any high point for JAPN.TO and CJP.NEO.

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Drawdown Indicators

JAPN.TOCJP.NEODifference

Max Drawdown

Largest peak-to-trough decline

-28.88%

-38.36%

+9.48%

Max Drawdown (1Y)

Largest decline over 1 year

-11.09%

-13.45%

+2.36%

Max Drawdown (5Y)

Largest decline over 5 years

-21.67%

-20.86%

-0.81%

Max Drawdown (10Y)

Largest decline over 10 years

—

-37.75%

—

Current Drawdown

Current decline from peak

-4.79%

-5.16%

+0.37%

Average Drawdown

Average peak-to-trough decline

-6.12%

-11.25%

+5.13%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.17%

3.43%

-0.26%

Volatility

JAPN.TO vs. CJP.NEO - Volatility Comparison

CI WisdomTree Japan Equity Index ETF (JAPN.TO) and iShares Japan Fundamental Index ETF (CAD-Hedged) (CJP.NEO) have volatilities of 7.59% and 7.73%, 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

JAPN.TOCJP.NEODifference

Volatility (1M)

Calculated over the trailing 1-month period

7.59%

7.73%

-0.14%

Volatility (6M)

Calculated over the trailing 6-month period

14.08%

14.71%

-0.63%

Volatility (1Y)

Calculated over the trailing 1-year period

22.60%

21.42%

+1.18%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.81%

18.34%

+0.47%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.75%

20.04%

-0.29%