LGJP.L vs. EEJD.L
LGJP.L (L&G Japan Equity UCITS ETF USD (Acc)) and EEJD.L (iShares MSCI Japan CTB Enhanced ESG UCITS ETF USD (Dist)) are both Japan Equities funds - LGJP.L tracks the Solactive Core Japan Large & Mid Cap USD Index NTR while EEJD.L tracks the MSCI Japan ESG Enhanced CTB Index. Both are passively managed. Over the past 5 years, LGJP.L returned 9.00%/yr vs 8.20%/yr for EEJD.L. With a 0.98 correlation, they move nearly in lockstep. LGJP.L charges 0.10%/yr vs 0.15%/yr for EEJD.L.
Performance
LGJP.L vs. EEJD.L - Performance Comparison
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Returns By Period
In the year-to-date period, LGJP.L achieves a 12.44% return, which is significantly lower than EEJD.L's 13.28% return.
LGJP.L
- 1D
- -2.11%
- 1M
- -4.31%
- 6M
- 6.50%
- YTD
- 12.44%
- 1Y
- 29.74%
- 3Y*
- 16.40%
- 5Y*
- 9.00%
- 10Y*
- —
EEJD.L
- 1D
- -2.38%
- 1M
- -4.98%
- 6M
- 7.12%
- YTD
- 13.28%
- 1Y
- 31.33%
- 3Y*
- 15.43%
- 5Y*
- 8.20%
- 10Y*
- —
LGJP.L vs. EEJD.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
LGJP.L L&G Japan Equity UCITS ETF USD (Acc) | 12.44% | 25.67% | 8.35% | 20.25% | -16.76% | 1.05% | 16.58% | 12.98% |
EEJD.L iShares MSCI Japan CTB Enhanced ESG UCITS ETF USD (Dist) | 13.28% | 26.10% | 4.67% | 19.98% | -17.73% | 0.41% | 17.33% | 15.33% |
Correlation
The correlation between LGJP.L and EEJD.L is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.97 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.98 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.98 |
Correlation (All Time) Calculated using the full available price history since Mar 8, 2019 | 0.98 |
The correlation between LGJP.L and EEJD.L has been stable across timeframes, ranging from 0.97 to 0.98 - a consistent structural relationship.
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Return for Risk
LGJP.L vs. EEJD.L — Risk / Return Rank
LGJP.L
EEJD.L
LGJP.L vs. EEJD.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G Japan Equity UCITS ETF USD (Acc) (LGJP.L) and iShares MSCI Japan CTB Enhanced ESG UCITS ETF USD (Dist) (EEJD.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.
| LGJP.L | EEJD.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | -0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.26 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.24 | 2.40 | -0.16 |
| Martin ratioReturn relative to average drawdown | 7.24 | 7.86 | -0.62 |
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Drawdowns
LGJP.L vs. EEJD.L - Drawdown Comparison
The maximum LGJP.L drawdown since its inception was -32.19%, roughly equal to the maximum EEJD.L drawdown of -32.93%. Use the drawdown chart below to compare losses from any high point for LGJP.L and EEJD.L.
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Drawdown Indicators
| LGJP.L | EEJD.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.19% | -32.93% | +0.74% |
Max Drawdown (1Y)Largest decline over 1 year | -13.20% | -12.98% | -0.22% |
Max Drawdown (3Y)Largest decline over 3 years | -14.30% | -14.11% | -0.19% |
Max Drawdown (5Y)Largest decline over 5 years | -32.19% | -32.93% | +0.74% |
Current DrawdownCurrent decline from peak | -5.49% | -6.32% | +0.83% |
Average DrawdownAverage peak-to-trough decline | -7.57% | -8.12% | +0.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.10% | 3.98% | +0.12% |
Volatility
LGJP.L vs. EEJD.L - Volatility Comparison
L&G Japan Equity UCITS ETF USD (Acc) (LGJP.L) and iShares MSCI Japan CTB Enhanced ESG UCITS ETF USD (Dist) (EEJD.L) have volatilities of 6.68% and 7.02%, 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
| LGJP.L | EEJD.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.68% | 7.02% | -0.34% |
Volatility (6M)Calculated over the trailing 6-month period | 17.75% | 18.58% | -0.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.21% | 22.32% | -1.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.17% | 18.51% | -0.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.31% | 18.80% | -0.49% |
LGJP.L vs. EEJD.L - Expense Ratio Comparison
LGJP.L has a 0.10% expense ratio, which is lower than EEJD.L's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
LGJP.L vs. EEJD.L - Dividend Comparison
LGJP.L has not paid dividends to shareholders, while EEJD.L's dividend yield for the trailing twelve months is around 1.49%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
EEJD.L iShares MSCI Japan CTB Enhanced ESG UCITS ETF USD (Dist) | 1.49% | 1.58% | 1.83% | 1.74% | 2.13% | 1.71% | 1.55% | 1.73% |
LGJP.L L&G Japan Equity UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.97, LGJP.L and EEJD.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, LGJP.L is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LGJP.L is cheaper with a 0.10% expense ratio, compared with 0.15% for EEJD.L.
LGJP.L tracks Solactive Core Japan Large & Mid Cap USD Index NTR, while EEJD.L tracks MSCI Japan ESG Enhanced CTB Index. They also come from different issuers: L&G and iShares. Their fees differ too: 0.10% for LGJP.L and 0.15% for EEJD.L.
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