JPYUSD=X vs. EWJ

In the year-to-date period, JPYUSD=X achieves a 9.37% return, which is significantly higher than EWJ's 8.84% return. Over the past 10 years, JPYUSD=X has underperformed EWJ with an annualized return of -1.45%, while EWJ has yielded a comparatively higher 5.13% annualized return.

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

This table presents a comparison of risk-adjusted performance metrics for JPY/USD (JPYUSD=X) and iShares MSCI Japan ETF (EWJ). 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.

The current JPYUSD=X Sharpe Ratio is 0.61, which is comparable to the EWJ Sharpe Ratio of 0.49. The chart below compares the historical Sharpe Ratios of JPYUSD=X and EWJ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

The maximum JPYUSD=X drawdown since its inception was -53.03%, smaller than the maximum EWJ drawdown of -58.89%. Use the drawdown chart below to compare losses from any high point for JPYUSD=X and EWJ.

JPY/USD (JPYUSD=X) has a higher volatility of 4.70% compared to iShares MSCI Japan ETF (EWJ) at 3.42%. This indicates that JPYUSD=X's price experiences larger fluctuations and is considered to be riskier than EWJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.