LCJP.L vs. CAJPY

Last updated Jun 4, 2026

LCJP.L (Amundi MSCI Japan UCITS ETF Acc) is Japan Equities fund tracking the TOPIX TR JPY, while CAJPY (Canon Inc.) is a stock. Over the past 5 years, LCJP.L returned 10.32%/yr vs 6.85%/yr for CAJPY. At a 0.48 correlation, their price movements are largely independent.

Performance

LCJP.L vs. CAJPY - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Amundi MSCI Japan UCITS ETF Acc (LCJP.L) and Canon Inc. (CAJPY). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

LCJP.L is traded in GBP, while CAJPY is traded in USD. To make them comparable, the CAJPY values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, LCJP.L achieves a 16.79% return, which is significantly higher than CAJPY's -6.32% return.

LCJP.L

• 1D: 0.91%
• 1M: 8.05%
• YTD: 16.79%
• 6M: 17.70%
• 1Y: 33.92%
• 3Y*: 15.89%
• 5Y*: 10.32%
• 10Y*: —

CAJPY

• 1D: 1.29%
• 1M: 9.16%
• YTD: -6.32%
• 6M: -7.13%
• 1Y: -5.48%
• 3Y*: 2.28%
• 5Y*: 6.85%
• 10Y*: 2.74%

*Multi-year figures are annualized to reflect compound growth (CAGR)

LCJP.L vs. CAJPY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
LCJP.L Amundi MSCI Japan UCITS ETF Acc	16.79%	17.61%	8.90%	14.05%	-7.13%	2.24%	12.26%	14.63%	-4.50%
CAJPY Canon Inc.	-6.32%	-14.10%	31.54%	14.26%	3.37%	31.65%	-28.47%	-4.68%	-17.66%

Correlation

The correlation between LCJP.L and CAJPY is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (3Y) Calculated over the trailing 3-year period	0.48
Correlation (5Y) Calculated over the trailing 5-year period	0.47
Correlation (All Time) Calculated using the full available price history since Mar 23, 2018	0.48

Return for Risk

LCJP.L vs. CAJPY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LCJP.L

LCJP.L Risk / Return Rank: 57
LCJP.L Sharpe Ratio Rank: 53
LCJP.L Sortino Ratio Rank: 54
LCJP.L Omega Ratio Rank: 56
LCJP.L Calmar Ratio Rank: 63
LCJP.L Martin Ratio Rank: 58

CAJPY

CAJPY Risk / Return Rank: 28
CAJPY Sharpe Ratio Rank: 30
CAJPY Sortino Ratio Rank: 25
CAJPY Omega Ratio Rank: 25
CAJPY Calmar Ratio Rank: 31
CAJPY Martin Ratio Rank: 28

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.

LCJP.L vs. CAJPY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI Japan UCITS ETF Acc (LCJP.L) and Canon Inc. (CAJPY). 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.

	LCJP.L	CAJPY	Difference
Sharpe ratio: Return per unit of total volatility	1.82	-0.24	+2.06
Sortino ratio: Return per unit of downside risk	2.61	-0.19	+2.80
Omega ratio: Gain probability vs. loss probability	1.35	0.98	+0.37
Calmar ratio: Return relative to maximum drawdown	3.17	-0.25	+3.43
Martin ratio: Return relative to average drawdown	10.12	-0.67	+10.79
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LCJP.L vs. CAJPY - Sharpe Ratio Comparison

The current LCJP.L Sharpe Ratio is 1.82, which is higher than the CAJPY Sharpe Ratio of -0.24. The chart below compares the historical Sharpe Ratios of LCJP.L and CAJPY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	LCJP.L	CAJPY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.82	-0.24	+2.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.65	0.30	+0.34
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.12	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.52	0.04	+0.48

Drawdowns

LCJP.L vs. CAJPY - Drawdown Comparison

The maximum LCJP.L drawdown since its inception was -26.61%, smaller than the maximum CAJPY drawdown of -58.74%. Use the drawdown chart below to compare losses from any high point for LCJP.L and CAJPY.

Drawdown Indicators

	LCJP.L	CAJPY	Difference
Max Drawdown Largest peak-to-trough decline	-26.61%	-58.74%	+32.13%
Max Drawdown (1Y) Largest decline over 1 year	-10.64%	-21.70%	+11.06%
Max Drawdown (3Y) Largest decline over 3 years	-14.62%	-30.52%	+15.90%
Max Drawdown (5Y) Largest decline over 5 years	-18.58%	-30.52%	+11.94%
Max Drawdown (10Y) Largest decline over 10 years	—	-58.74%	—
Current Drawdown Current decline from peak	0.00%	-22.98%	+22.98%
Average Drawdown Average peak-to-trough decline	-5.49%	-22.66%	+17.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.34%	8.24%	-4.90%

Volatility

LCJP.L vs. CAJPY - Volatility Comparison

The current volatility for Amundi MSCI Japan UCITS ETF Acc (LCJP.L) is 3.83%, while Canon Inc. (CAJPY) has a volatility of 5.06%. This indicates that LCJP.L experiences smaller price fluctuations and is considered to be less risky than CAJPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LCJP.L	CAJPY	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.83%	5.06%	-1.23%
Volatility (6M) Calculated over the trailing 6-month period	15.10%	17.46%	-2.36%
Volatility (1Y) Calculated over the trailing 1-year period	18.58%	23.08%	-4.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.97%	22.67%	-6.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.82%	23.28%	-6.46%

Dividends

LCJP.L vs. CAJPY - Dividend Comparison

LCJP.L has not paid dividends to shareholders, while CAJPY's dividend yield for the trailing twelve months is around 1.96%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CAJPY Canon Inc.	1.96%	1.83%	1.64%	1.85%	4.15%	3.51%	3.92%	0.00%	0.00%	1.83%	5.03%	4.30%
LCJP.L Amundi MSCI Japan UCITS ETF 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

Can I hold both LCJP.L and CAJPY in my portfolio?

LCJP.L and CAJPY have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.