NTTYY vs. EWJV

Last updated Jun 4, 2026

NTTYY (Nippon Telegraph and Telephone Corp ADR) is a stock, while EWJV (iShares MSCI Japan Value ETF) is Japan Equities fund tracking the MSCI Japan Value Index. Over the past 5 years, NTTYY returned -2.15%/yr vs 13.51%/yr for EWJV. At a 0.46 correlation, their price movements are largely independent.

Performance

NTTYY vs. EWJV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nippon Telegraph and Telephone Corp ADR (NTTYY) and iShares MSCI Japan Value ETF (EWJV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NTTYY achieves a -8.45% return, which is significantly lower than EWJV's 14.97% return.

NTTYY

• 1D: -0.57%
• 1M: -4.55%
• YTD: -8.45%
• 6M: -7.41%
• 1Y: -16.62%
• 3Y*: -6.35%
• 5Y*: -2.15%
• 10Y*: 1.94%

EWJV

• 1D: 0.27%
• 1M: 6.48%
• YTD: 14.97%
• 6M: 18.88%
• 1Y: 36.33%
• 3Y*: 24.24%
• 5Y*: 13.51%
• 10Y*: —

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

NTTYY vs. EWJV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
NTTYY Nippon Telegraph and Telephone Corp ADR	-8.45%	2.79%	-16.66%	7.84%	3.06%	8.63%	1.78%	22.12%
EWJV iShares MSCI Japan Value ETF	14.97%	33.96%	11.59%	23.60%	-6.02%	5.48%	2.41%	10.48%

Correlation

The correlation between NTTYY and EWJV is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.47
Correlation (3Y) Calculated over the trailing 3-year period	0.51
Correlation (5Y) Calculated over the trailing 5-year period	0.49
Correlation (All Time) Calculated using the full available price history since Mar 8, 2019	0.46

The correlation between NTTYY and EWJV has been stable across timeframes, ranging from 0.46 to 0.51 - a consistent structural relationship.

Return for Risk

NTTYY vs. EWJV — Risk / Return Rank

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

NTTYY

NTTYY Risk / Return Rank: 6
NTTYY Sharpe Ratio Rank: 5
NTTYY Sortino Ratio Rank: 6
NTTYY Omega Ratio Rank: 9
NTTYY Calmar Ratio Rank: 4
NTTYY Martin Ratio Rank: 3

EWJV

EWJV Risk / Return Rank: 52
EWJV Sharpe Ratio Rank: 55
EWJV Sortino Ratio Rank: 56
EWJV Omega Ratio Rank: 56
EWJV Calmar Ratio Rank: 49
EWJV Martin Ratio Rank: 45

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.

NTTYY vs. EWJV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nippon Telegraph and Telephone Corp ADR (NTTYY) and iShares MSCI Japan Value ETF (EWJV). 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.

	NTTYY	EWJV	Difference
Sharpe ratio Return per unit of total volatility	-0.99	1.90	-2.89
Sortino ratio Return per unit of downside risk	-1.44	2.72	-4.16
Omega ratio Gain probability vs. loss probability	0.85	1.35	-0.50
Calmar ratio Return relative to maximum drawdown	-0.94	2.48	-3.42
Martin ratio Return relative to average drawdown	-1.62	7.52	-9.13
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NTTYY vs. EWJV - Sharpe Ratio Comparison

The current NTTYY Sharpe Ratio is -0.99, which is lower than the EWJV Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of NTTYY and EWJV, 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

	NTTYY	EWJV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.99	1.90	-2.89
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.12	0.75	-0.87
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.10	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.11	0.69	-0.58

Drawdowns

NTTYY vs. EWJV - Drawdown Comparison

The maximum NTTYY drawdown since its inception was -63.81%, which is greater than EWJV's maximum drawdown of -30.05%. Use the drawdown chart below to compare losses from any high point for NTTYY and EWJV.

Drawdown Indicators

	NTTYY	EWJV	Difference
Max Drawdown Largest peak-to-trough decline	-63.81%	-30.05%	-33.76%
Max Drawdown (1Y) Largest decline over 1 year	-17.75%	-14.74%	-3.01%
Max Drawdown (3Y) Largest decline over 3 years	-29.20%	-14.74%	-14.46%
Max Drawdown (5Y) Largest decline over 5 years	-29.20%	-25.39%	-3.81%
Max Drawdown (10Y) Largest decline over 10 years	-29.57%	—	—
Current Drawdown Current decline from peak	-26.33%	-3.99%	-22.34%
Average Drawdown Average peak-to-trough decline	-23.02%	-6.19%	-16.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.30%	4.85%	+5.45%

Volatility

NTTYY vs. EWJV - Volatility Comparison

Nippon Telegraph and Telephone Corp ADR (NTTYY) has a higher volatility of 4.84% compared to iShares MSCI Japan Value ETF (EWJV) at 3.96%. This indicates that NTTYY's price experiences larger fluctuations and is considered to be riskier than EWJV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NTTYY	EWJV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.84%	3.96%	+0.88%
Volatility (6M) Calculated over the trailing 6-month period	12.21%	14.55%	-2.34%
Volatility (1Y) Calculated over the trailing 1-year period	16.94%	19.22%	-2.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.15%	18.01%	+0.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.31%	18.53%	+1.78%

Dividends

NTTYY vs. EWJV - Dividend Comparison

NTTYY has not paid dividends to shareholders, while EWJV's dividend yield for the trailing twelve months is around 4.66%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EWJV iShares MSCI Japan Value ETF	4.66%	5.35%	4.10%	3.32%	2.71%	2.46%	1.96%	4.29%	0.00%	0.00%	0.00%	0.00%
NTTYY Nippon Telegraph and Telephone Corp ADR	0.00%	1.77%	1.73%	0.00%	0.00%	1.83%	0.00%	1.71%	3.52%	2.53%	2.63%	1.94%

Frequently Asked Questions

Can I hold both NTTYY and EWJV in my portfolio?

NTTYY and EWJV have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NTTYY or EWJV?

NTTYY has higher volatility (4.84%) compared to EWJV (3.96%). In terms of maximum drawdown, NTTYY dropped -63.81% vs EWJV's -30.05%.

Which has better risk-adjusted returns?

EWJV currently has the higher Sharpe Ratio (1.90 vs -0.99), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.