SGAJ.DE vs. 36B4.DE
SGAJ.DE (iShares MSCI Japan ESG Screened UCITS ETF USD (Acc)) and 36B4.DE (iShares MSCI Japan SRI UCITS ETF USD Dist) are both Japan Equities funds from iShares - SGAJ.DE tracks the MSCI Japan ESG Screened while 36B4.DE tracks the MSCI Japan SRI Select Reduced Fossil Fuels. Both are passively managed. Over the past 5 years, SGAJ.DE returned 9.98%/yr vs 4.99%/yr for 36B4.DE. Their correlation of 0.94 suggests significant overlap in exposure. SGAJ.DE charges 0.15%/yr vs 0.20%/yr for 36B4.DE.
Performance
SGAJ.DE vs. 36B4.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SGAJ.DE achieves a 19.86% return, which is significantly higher than 36B4.DE's 9.48% return.
SGAJ.DE
- 1D
- -1.05%
- 1M
- 0.83%
- 6M
- 13.77%
- YTD
- 19.86%
- 1Y
- 39.05%
- 3Y*
- 17.02%
- 5Y*
- 9.98%
- 10Y*
- —
36B4.DE
- 1D
- -1.25%
- 1M
- 5.00%
- 6M
- 5.52%
- YTD
- 9.48%
- 1Y
- 22.17%
- 3Y*
- 9.80%
- 5Y*
- 4.99%
- 10Y*
- —
SGAJ.DE vs. 36B4.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
SGAJ.DE iShares MSCI Japan ESG Screened UCITS ETF USD (Acc) | 19.86% | 11.81% | 12.99% | 16.12% | -12.79% | 9.68% | 5.86% | 13.00% |
36B4.DE iShares MSCI Japan SRI UCITS ETF USD Dist | 9.48% | 6.64% | 9.02% | 9.56% | -13.77% | 9.87% | 6.38% | 16.82% |
Correlation
The correlation between SGAJ.DE and 36B4.DE is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.85 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.92 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.93 |
Correlation (All Time) Calculated using the full available price history since Feb 27, 2019 | 0.94 |
The correlation between SGAJ.DE and 36B4.DE has been stable across timeframes, ranging from 0.85 to 0.94 - a consistent structural relationship.
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
SGAJ.DE vs. 36B4.DE — Risk / Return Rank
SGAJ.DE
36B4.DE
SGAJ.DE vs. 36B4.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Japan ESG Screened UCITS ETF USD (Acc) (SGAJ.DE) and iShares MSCI Japan SRI UCITS ETF USD Dist (36B4.DE). 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.
| SGAJ.DE | 36B4.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.76 | ||
| Sortino ratioReturn per unit of downside risk | +1.02 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.22 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 3.77 | 2.04 | +1.73 |
| Martin ratioReturn relative to average drawdown | 12.39 | 5.90 | +6.50 |
Loading charts...
Drawdowns
SGAJ.DE vs. 36B4.DE - Drawdown Comparison
The maximum SGAJ.DE drawdown since its inception was -28.34%, which is greater than 36B4.DE's maximum drawdown of -26.98%. Use the drawdown chart below to compare losses from any high point for SGAJ.DE and 36B4.DE.
Loading charts...
Drawdown Indicators
| SGAJ.DE | 36B4.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.34% | -26.98% | -1.36% |
Max Drawdown (1Y)Largest decline over 1 year | -10.31% | -10.82% | +0.51% |
Max Drawdown (3Y)Largest decline over 3 years | -17.07% | -15.67% | -1.40% |
Max Drawdown (5Y)Largest decline over 5 years | -19.31% | -21.57% | +2.26% |
Current DrawdownCurrent decline from peak | -3.41% | -1.25% | -2.16% |
Average DrawdownAverage peak-to-trough decline | -7.23% | -7.09% | -0.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.14% | 3.75% | -0.61% |
Volatility
SGAJ.DE vs. 36B4.DE - Volatility Comparison
iShares MSCI Japan ESG Screened UCITS ETF USD (Acc) (SGAJ.DE) has a higher volatility of 6.50% compared to iShares MSCI Japan SRI UCITS ETF USD Dist (36B4.DE) at 5.12%. This indicates that SGAJ.DE's price experiences larger fluctuations and is considered to be riskier than 36B4.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SGAJ.DE | 36B4.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.50% | 5.12% | +1.38% |
Volatility (6M)Calculated over the trailing 6-month period | 16.05% | 14.23% | +1.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.81% | 18.43% | +1.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.94% | 16.34% | +0.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.18% | 17.26% | +0.92% |
SGAJ.DE vs. 36B4.DE - Expense Ratio Comparison
SGAJ.DE has a 0.15% expense ratio, which is lower than 36B4.DE'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
SGAJ.DE vs. 36B4.DE - Dividend Comparison
SGAJ.DE has not paid dividends to shareholders, while 36B4.DE's dividend yield for the trailing twelve months is around 1.47%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
36B4.DE iShares MSCI Japan SRI UCITS ETF USD Dist | 1.47% | 1.46% | 1.38% | 1.81% | 2.45% | 1.54% | 1.60% | 0.81% |
SGAJ.DE iShares MSCI Japan ESG Screened UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SGAJ.DE and 36B4.DE have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SGAJ.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SGAJ.DE is cheaper with a 0.15% expense ratio, compared with 0.20% for 36B4.DE.
SGAJ.DE tracks MSCI Japan ESG Screened, while 36B4.DE tracks MSCI Japan SRI Select Reduced Fossil Fuels. Their fees differ too: 0.15% for SGAJ.DE and 0.20% for 36B4.DE.
Find the right allocation for SGAJ.DE and 36B4.DE
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