SEGA.L vs. CPXJ.L
SEGA.L (iShares Core Euro Government Bond UCITS ETF (Dist)) and CPXJ.L (iShares VII plc - iShares Core MSCI Pac ex-Jpn ETF USD Acc) are both exchange-traded funds - SEGA.L is a European Government Bonds fund tracking the Bloomberg Euro Agg Govt TR EUR, while CPXJ.L is a Asia Pacific Equities fund tracking the MSCI Pacific Ex Japan NR USD. Both are passively managed. Over the past 10 years, SEGA.L returned 0.88%/yr vs 8.88%/yr for CPXJ.L. At a 0.12 correlation, their price movements are largely independent. SEGA.L charges 0.09%/yr vs 0.20%/yr for CPXJ.L.
Performance
SEGA.L vs. CPXJ.L - Performance Comparison
Loading charts...
Different Trading Currencies
SEGA.L is traded in GBP, while CPXJ.L is traded in USD. To make them comparable, the CPXJ.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, SEGA.L achieves a -0.31% return, which is significantly lower than CPXJ.L's 9.61% return. Over the past 10 years, SEGA.L has underperformed CPXJ.L with an annualized return of 0.88%, while CPXJ.L has yielded a comparatively higher 8.88% annualized return.
SEGA.L
- 1D
- -0.45%
- 1M
- 1.20%
- YTD
- -0.31%
- 6M
- -0.16%
- 1Y
- 1.75%
- 3Y*
- 2.85%
- 5Y*
- -2.05%
- 10Y*
- 0.88%
CPXJ.L
- 1D
- -0.73%
- 1M
- 0.53%
- YTD
- 9.61%
- 6M
- 9.83%
- 1Y
- 18.32%
- 3Y*
- 10.52%
- 5Y*
- 6.19%
- 10Y*
- 8.88%
SEGA.L vs. CPXJ.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SEGA.L iShares Core Euro Government Bond UCITS ETF (Dist) | -0.31% | 5.89% | -2.94% | 4.76% | -13.69% | -9.84% | 10.69% | 1.45% | 1.62% | 3.46% |
CPXJ.L iShares VII plc - iShares Core MSCI Pac ex-Jpn ETF USD Acc | 9.61% | 11.50% | 7.19% | 0.58% | 5.20% | 5.26% | 3.67% | 13.58% | -5.42% | 15.18% |
Correlation
The correlation between SEGA.L and CPXJ.L is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Sep 28, 2010 | 0.12 |
The correlation between SEGA.L and CPXJ.L shifts across timeframes, from 0.06 (5 years) to 0.31 (1 year), 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
SEGA.L vs. CPXJ.L — Risk / Return Rank
SEGA.L
CPXJ.L
SEGA.L vs. CPXJ.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core Euro Government Bond UCITS ETF (Dist) (SEGA.L) and iShares VII plc - iShares Core MSCI Pac ex-Jpn ETF USD Acc (CPXJ.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.
| SEGA.L | CPXJ.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.13 | ||
| Sortino ratioReturn per unit of downside risk | -1.66 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.28 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 0.43 | 2.62 | -2.19 |
| Martin ratioReturn relative to average drawdown | 0.92 | 7.53 | -6.61 |
Loading charts...
Drawdowns
SEGA.L vs. CPXJ.L - Drawdown Comparison
The maximum SEGA.L drawdown since its inception was -26.74%, smaller than the maximum CPXJ.L drawdown of -32.88%. Use the drawdown chart below to compare losses from any high point for SEGA.L and CPXJ.L.
Loading charts...
Drawdown Indicators
| SEGA.L | CPXJ.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.74% | -32.88% | +6.14% |
Max Drawdown (1Y)Largest decline over 1 year | -4.63% | -7.11% | +2.48% |
Max Drawdown (3Y)Largest decline over 3 years | -6.26% | -17.57% | +11.31% |
Max Drawdown (5Y)Largest decline over 5 years | -20.84% | -18.12% | -2.72% |
Max Drawdown (10Y)Largest decline over 10 years | -26.74% | -32.88% | +6.14% |
Current DrawdownCurrent decline from peak | -18.39% | -2.32% | -16.07% |
Average DrawdownAverage peak-to-trough decline | -9.84% | -6.77% | -3.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.17% | 2.48% | -0.31% |
Volatility
SEGA.L vs. CPXJ.L - Volatility Comparison
The current volatility for iShares Core Euro Government Bond UCITS ETF (Dist) (SEGA.L) is 1.49%, while iShares VII plc - iShares Core MSCI Pac ex-Jpn ETF USD Acc (CPXJ.L) has a volatility of 4.65%. This indicates that SEGA.L experiences smaller price fluctuations and is considered to be less risky than CPXJ.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SEGA.L | CPXJ.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.49% | 4.65% | -3.16% |
Volatility (6M)Calculated over the trailing 6-month period | 4.19% | 10.26% | -6.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.34% | 12.53% | -7.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.46% | 15.07% | -7.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.46% | 16.97% | -8.51% |
SEGA.L vs. CPXJ.L - Expense Ratio Comparison
SEGA.L has a 0.09% expense ratio, which is lower than CPXJ.L's 0.20% 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
SEGA.L vs. CPXJ.L - Dividend Comparison
SEGA.L's dividend yield for the trailing twelve months is around 2.48%, while CPXJ.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CPXJ.L iShares VII plc - iShares Core MSCI Pac ex-Jpn ETF USD 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% |
SEGA.L iShares Core Euro Government Bond UCITS ETF (Dist) | 2.48% | 2.25% | 1.82% | 0.97% | 0.26% | 0.25% | 0.45% | 0.68% | 0.65% | 0.69% | 0.86% | 0.60% |
Frequently Asked Questions
SEGA.L and CPXJ.L have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SEGA.L is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SEGA.L is cheaper with a 0.09% expense ratio, compared with 0.20% for CPXJ.L.
SEGA.L is categorized as European Government Bonds, while CPXJ.L is Asia Pacific Equities. SEGA.L tracks Bloomberg Euro Agg Govt TR EUR, while CPXJ.L tracks MSCI Pacific Ex Japan NR USD. Their fees differ too: 0.09% for SEGA.L and 0.20% for CPXJ.L.
Find the right allocation for SEGA.L and CPXJ.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