SBSW vs. EWJ
SBSW (Sibanye Stillwater Limited) is a stock, while EWJ (iShares MSCI Japan ETF) is Japan Equities fund tracking the MSCI Japan Index. Over the past 10 years, SBSW returned 2.23%/yr vs 9.28%/yr for EWJ. At a 0.18 correlation, their price movements are largely independent.
Performance
SBSW vs. EWJ - Performance Comparison
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Returns By Period
In the year-to-date period, SBSW achieves a -19.34% return, which is significantly lower than EWJ's 16.58% return. Over the past 10 years, SBSW has underperformed EWJ with an annualized return of 2.23%, while EWJ has yielded a comparatively higher 9.28% annualized return.
SBSW
- 1D
- 0.63%
- 1M
- -4.69%
- YTD
- -19.34%
- 6M
- -6.93%
- 1Y
- 90.62%
- 3Y*
- 16.92%
- 5Y*
- -7.16%
- 10Y*
- 2.23%
EWJ
- 1D
- 0.20%
- 1M
- 5.46%
- YTD
- 16.58%
- 6M
- 16.78%
- 1Y
- 32.89%
- 3Y*
- 18.51%
- 5Y*
- 8.84%
- 10Y*
- 9.28%
SBSW vs. EWJ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SBSW Sibanye Stillwater Limited | -19.34% | 331.82% | -39.23% | -46.54% | -9.57% | -12.44% | 61.55% | 250.88% | -41.72% | -26.00% |
EWJ iShares MSCI Japan ETF | 16.58% | 25.84% | 7.03% | 20.29% | -17.72% | 1.16% | 15.40% | 19.34% | -14.10% | 24.27% |
Correlation
The correlation between SBSW and EWJ is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Feb 12, 2013 | 0.18 |
The correlation between SBSW and EWJ shifts across timeframes, from 0.18 (all time) to 0.35 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
SBSW vs. EWJ — Risk / Return Rank
SBSW
EWJ
SBSW vs. EWJ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sibanye Stillwater Limited (SBSW) 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.
| SBSW | EWJ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.33 | ||
| Sortino ratioReturn per unit of downside risk | -0.56 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.32 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.98 | 2.43 | -0.45 |
| Martin ratioReturn relative to average drawdown | 4.09 | 8.23 | -4.14 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SBSW | EWJ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.36 | 1.70 | -0.33 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.12 | 0.49 | -0.61 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.04 | 0.54 | -0.50 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.13 | 0.11 | +0.01 |
Drawdowns
SBSW vs. EWJ - Drawdown Comparison
The maximum SBSW drawdown since its inception was -89.24%, which is greater than EWJ's maximum drawdown of -60.93%. Use the drawdown chart below to compare losses from any high point for SBSW and EWJ.
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Drawdown Indicators
| SBSW | EWJ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.24% | -60.93% | -28.31% |
Max Drawdown (1Y)Largest decline over 1 year | -45.92% | -13.59% | -32.33% |
Max Drawdown (3Y)Largest decline over 3 years | -58.18% | -14.68% | -43.50% |
Max Drawdown (5Y)Largest decline over 5 years | -82.53% | -33.14% | -49.39% |
Max Drawdown (10Y)Largest decline over 10 years | -89.24% | -33.14% | -56.10% |
Current DrawdownCurrent decline from peak | -45.58% | 0.00% | -45.58% |
Average DrawdownAverage peak-to-trough decline | -48.22% | -21.74% | -26.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.24% | 4.01% | +18.23% |
Volatility
SBSW vs. EWJ - Volatility Comparison
Sibanye Stillwater Limited (SBSW) has a higher volatility of 21.30% compared to iShares MSCI Japan ETF (EWJ) at 4.21%. This indicates that SBSW'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.
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Volatility by Period
| SBSW | EWJ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.30% | 4.21% | +17.09% |
Volatility (6M)Calculated over the trailing 6-month period | 50.12% | 15.02% | +35.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 66.93% | 19.49% | +47.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.63% | 18.23% | +41.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 64.06% | 17.27% | +46.79% |
Dividends
SBSW vs. EWJ - Dividend Comparison
SBSW's dividend yield for the trailing twelve months is around 2.94%, less than EWJ's 3.88% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EWJ iShares MSCI Japan ETF | 3.88% | 4.52% | 2.34% | 2.03% | 1.23% | 2.08% | 1.04% | 2.03% | 1.71% | 1.25% | 1.95% | 1.27% |
SBSW Sibanye Stillwater Limited | 2.94% | 0.00% | 0.00% | 6.98% | 7.68% | 13.34% | 0.75% | 0.00% | 0.00% | 2.68% | 5.12% | 3.05% |
Frequently Asked Questions
SBSW and EWJ have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SBSW has higher volatility (21.30%) compared to EWJ (4.21%). In terms of maximum drawdown, SBSW dropped -89.24% vs EWJ's -60.93%.
EWJ currently has the higher Sharpe Ratio (1.70 vs 1.36), 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.
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