LDAP.L vs. IDJP.L
LDAP.L (L&G APAC ex-Japan Quality Dividends Equal Weight ETF USD Dis) and IDJP.L (iShares MSCI Japan Small Cap UCITS ETF USD (Dist)) are both Japan Equities funds - LDAP.L tracks the L&G APAC ex-Japan Quality Dividends Equal Weight ETF USD Dis while IDJP.L tracks the iShares MSCI Japan Small Cap UCITS ETF USD (Dist). Both are passively managed. Over the past 5 years, LDAP.L returned 9.64%/yr vs 7.67%/yr for IDJP.L. A 0.58 correlation means they provide meaningful diversification when combined. LDAP.L charges 0.40%/yr vs 0.58%/yr for IDJP.L.
Performance
LDAP.L vs. IDJP.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LDAP.L achieves a 17.12% return, which is significantly higher than IDJP.L's 14.93% return.
LDAP.L
- 1D
- 1.71%
- 1M
- -1.56%
- 6M
- 15.58%
- YTD
- 17.12%
- 1Y
- 24.38%
- 3Y*
- 20.08%
- 5Y*
- 9.64%
- 10Y*
- —
IDJP.L
- 1D
- -0.80%
- 1M
- 0.34%
- 6M
- 10.43%
- YTD
- 14.93%
- 1Y
- 29.94%
- 3Y*
- 17.35%
- 5Y*
- 7.67%
- 10Y*
- 7.93%
LDAP.L vs. IDJP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
LDAP.L L&G APAC ex-Japan Quality Dividends Equal Weight ETF USD Dis | 17.12% | 35.59% | 3.81% | 9.13% | -8.93% | -99.00% |
IDJP.L iShares MSCI Japan Small Cap UCITS ETF USD (Dist) | 14.93% | 29.69% | 3.33% | 13.53% | -12.68% | -7.19% |
Correlation
The correlation between LDAP.L and IDJP.L 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 | 0.52 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Apr 12, 2021 | 0.58 |
The correlation between LDAP.L and IDJP.L shifts across timeframes, from 0.48 (1 year) to 0.58 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
LDAP.L vs. IDJP.L — Risk / Return Rank
LDAP.L
IDJP.L
LDAP.L vs. IDJP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G APAC ex-Japan Quality Dividends Equal Weight ETF USD Dis (LDAP.L) and iShares MSCI Japan Small Cap UCITS ETF USD (Dist) (IDJP.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.
| LDAP.L | IDJP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.04 | ||
| Sortino ratioReturn per unit of downside risk | -0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.29 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.31 | 2.35 | -0.04 |
| Martin ratioReturn relative to average drawdown | 6.22 | 7.52 | -1.30 |
Loading charts...
Drawdowns
LDAP.L vs. IDJP.L - Drawdown Comparison
The maximum LDAP.L drawdown since its inception was -99.33%, which is greater than IDJP.L's maximum drawdown of -39.64%. Use the drawdown chart below to compare losses from any high point for LDAP.L and IDJP.L.
Loading charts...
Drawdown Indicators
| LDAP.L | IDJP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.33% | -39.64% | -59.69% |
Max Drawdown (1Y)Largest decline over 1 year | -10.85% | -12.50% | +1.65% |
Max Drawdown (3Y)Largest decline over 3 years | -24.47% | -12.50% | -11.97% |
Max Drawdown (5Y)Largest decline over 5 years | -34.61% | -32.90% | -1.71% |
Max Drawdown (10Y)Largest decline over 10 years | — | -36.78% | — |
Current DrawdownCurrent decline from peak | -98.38% | -2.99% | -95.39% |
Average DrawdownAverage peak-to-trough decline | -98.71% | -10.77% | -87.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.04% | 3.92% | +0.12% |
Volatility
LDAP.L vs. IDJP.L - Volatility Comparison
L&G APAC ex-Japan Quality Dividends Equal Weight ETF USD Dis (LDAP.L) and iShares MSCI Japan Small Cap UCITS ETF USD (Dist) (IDJP.L) have volatilities of 4.91% and 5.16%, 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.
Loading charts...
Volatility by Period
| LDAP.L | IDJP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.91% | 5.16% | -0.25% |
Volatility (6M)Calculated over the trailing 6-month period | 13.37% | 15.76% | -2.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.84% | 18.11% | -2.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.07% | 16.33% | +11.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.15% | 16.65% | +34.50% |
LDAP.L vs. IDJP.L - Expense Ratio Comparison
LDAP.L has a 0.40% expense ratio, which is lower than IDJP.L's 0.58% expense ratio.
Dividends
LDAP.L vs. IDJP.L - Dividend Comparison
LDAP.L's dividend yield for the trailing twelve months is around 3.83%, more than IDJP.L's 1.85% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IDJP.L iShares MSCI Japan Small Cap UCITS ETF USD (Dist) | 1.85% | 1.77% | 1.77% | 1.77% | 2.08% | 1.55% | 1.48% | 1.47% | 1.45% | 1.21% | 1.20% | 0.72% |
LDAP.L L&G APAC ex-Japan Quality Dividends Equal Weight ETF USD Dis | 3.83% | 4.23% | 4.86% | 5.25% | 4.92% | 2.23% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
LDAP.L and IDJP.L 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.
On fees, LDAP.L is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LDAP.L is cheaper with a 0.40% expense ratio, compared with 0.58% for IDJP.L.
LDAP.L tracks L&G APAC ex-Japan Quality Dividends Equal Weight ETF USD Dis, while IDJP.L tracks iShares MSCI Japan Small Cap UCITS ETF USD (Dist). They also come from different issuers: L&G and iShares. Their fees differ too: 0.40% for LDAP.L and 0.58% for IDJP.L.
Find the right allocation for LDAP.L and IDJP.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer