JPSG.L vs. LGAP.L
JPSG.L (iShares MSCI Japan SRI UCITS ETF) and LGAP.L (L&G Asia Pacific ex Japan Equity UCITS ETF) are both Japan Equities funds - JPSG.L tracks the iShares MSCI Japan SRI UCITS ETF while LGAP.L tracks the L&G Asia Pacific ex Japan Equity UCITS ETF. Both are passively managed. Over the past 3 years, JPSG.L returned 20.60%/yr vs 11.25%/yr for LGAP.L. At a 0.43 correlation, their price movements are largely independent.
Performance
JPSG.L vs. LGAP.L - Performance Comparison
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Different Trading Currencies
JPSG.L is traded in GBP, while LGAP.L is traded in USD. To make them comparable, the LGAP.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, JPSG.L achieves a 13.14% return, which is significantly higher than LGAP.L's 9.63% return.
JPSG.L
- 1D
- 0.17%
- 1M
- 5.30%
- 6M
- 7.68%
- YTD
- 13.14%
- 1Y
- 35.33%
- 3Y*
- 20.60%
- 5Y*
- —
- 10Y*
- —
LGAP.L
- 1D
- 0.00%
- 1M
- 0.13%
- 6M
- 7.43%
- YTD
- 9.63%
- 1Y
- 14.47%
- 3Y*
- 11.25%
- 5Y*
- 5.99%
- 10Y*
- —
JPSG.L vs. LGAP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
JPSG.L iShares MSCI Japan SRI UCITS ETF | 13.14% | 23.27% | 17.32% | 21.38% |
LGAP.L L&G Asia Pacific ex Japan Equity UCITS ETF | 9.63% | 12.35% | 6.50% | 2.55% |
Correlation
The correlation between JPSG.L and LGAP.L is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 2023 | 0.43 |
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Return for Risk
JPSG.L vs. LGAP.L — Risk / Return Rank
JPSG.L
LGAP.L
JPSG.L vs. LGAP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Japan SRI UCITS ETF (JPSG.L) and L&G Asia Pacific ex Japan Equity UCITS ETF (LGAP.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| JPSG.L | LGAP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.77 | ||
| Sortino ratioReturn per unit of downside risk | +1.00 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.21 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 3.76 | 2.01 | +1.76 |
| Martin ratioReturn relative to average drawdown | 11.53 | 5.24 | +6.28 |
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Drawdowns
JPSG.L vs. LGAP.L - Drawdown Comparison
The maximum JPSG.L drawdown since its inception was -20.02%, smaller than the maximum LGAP.L drawdown of -32.02%. Use the drawdown chart below to compare losses from any high point for JPSG.L and LGAP.L.
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Drawdown Indicators
| JPSG.L | LGAP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.02% | -32.02% | +12.00% |
Max Drawdown (1Y)Largest decline over 1 year | -9.67% | -7.06% | -2.61% |
Max Drawdown (3Y)Largest decline over 3 years | -20.02% | -17.57% | -2.45% |
Max Drawdown (5Y)Largest decline over 5 years | — | -18.59% | — |
Current DrawdownCurrent decline from peak | -1.15% | -2.14% | +0.99% |
Average DrawdownAverage peak-to-trough decline | -3.53% | -5.99% | +2.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.16% | 2.71% | +0.45% |
Volatility
JPSG.L vs. LGAP.L - Volatility Comparison
iShares MSCI Japan SRI UCITS ETF (JPSG.L) has a higher volatility of 4.98% compared to L&G Asia Pacific ex Japan Equity UCITS ETF (LGAP.L) at 2.99%. This indicates that JPSG.L's price experiences larger fluctuations and is considered to be riskier than LGAP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JPSG.L | LGAP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.98% | 2.99% | +1.99% |
Volatility (6M)Calculated over the trailing 6-month period | 14.35% | 10.45% | +3.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.26% | 12.67% | +6.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.04% | 15.20% | +3.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.04% | 17.53% | +1.51% |
Dividends
JPSG.L vs. LGAP.L - Dividend Comparison
Neither JPSG.L nor LGAP.L has paid dividends to shareholders.
Frequently Asked Questions
JPSG.L and LGAP.L have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JPSG.L tracks iShares MSCI Japan SRI UCITS ETF, while LGAP.L tracks L&G Asia Pacific ex Japan Equity UCITS ETF. They also come from different issuers: iShares and L&G.
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