SUJA.L vs. HPJS.L
SUJA.L (iShares MSCI Japan SRI UCITS ETF USD (Acc)) and HPJS.L (HSBC MSCI Japan Climate Paris Aligned UCITS ETF) are both Japan Equities funds tracking the TOPIX TR JPY, from iShares and HSBC respectively. Both are passively managed. Over the past 3 years, SUJA.L returned 6.15%/yr vs 7.09%/yr for HPJS.L. Their correlation of 0.89 suggests significant overlap in exposure. SUJA.L charges 0.20%/yr vs 0.18%/yr for HPJS.L.
Performance
SUJA.L vs. HPJS.L - Performance Comparison
Loading charts...
Different Trading Currencies
SUJA.L is traded in GBp, while HPJS.L is traded in GBP. To make them comparable, the HPJS.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, SUJA.L achieves a 3.53% return, which is significantly lower than HPJS.L's 8.46% return.
SUJA.L
- 1D
- -0.04%
- 1M
- 4.35%
- YTD
- 3.53%
- 6M
- 3.22%
- 1Y
- 14.21%
- 3Y*
- 6.15%
- 5Y*
- 4.37%
- 10Y*
- —
HPJS.L
- 1D
- -1.17%
- 1M
- 0.61%
- YTD
- 8.46%
- 6M
- 6.90%
- 1Y
- 25.79%
- 3Y*
- 7.09%
- 5Y*
- —
- 10Y*
- —
SUJA.L vs. HPJS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SUJA.L iShares MSCI Japan SRI UCITS ETF USD (Acc) | 3.53% | 11.08% | 4.65% | 7.41% | -8.78% | -3.46% |
HPJS.L HSBC MSCI Japan Climate Paris Aligned UCITS ETF | 8.46% | 14.99% | -1.51% | 9.90% | -15.00% | -3.14% |
Correlation
The correlation between SUJA.L and HPJS.L is 0.81, 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 | 0.81 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.88 |
Correlation (All Time) Calculated using the full available price history since Nov 12, 2021 | 0.89 |
The correlation between SUJA.L and HPJS.L has been stable across timeframes, ranging from 0.81 to 0.89 - 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
SUJA.L vs. HPJS.L — Risk / Return Rank
SUJA.L
HPJS.L
SUJA.L vs. HPJS.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Japan SRI UCITS ETF USD (Acc) (SUJA.L) and HSBC MSCI Japan Climate Paris Aligned UCITS ETF (HPJS.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.
| SUJA.L | HPJS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.62 | ||
| Sortino ratioReturn per unit of downside risk | -0.93 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.25 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 1.24 | 2.04 | -0.79 |
| Martin ratioReturn relative to average drawdown | 3.53 | 6.70 | -3.17 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| SUJA.L | HPJS.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.73 | 1.35 | -0.62 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.28 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 0.15 | +0.18 |
Drawdowns
SUJA.L vs. HPJS.L - Drawdown Comparison
The maximum SUJA.L drawdown since its inception was -23.81%, roughly equal to the maximum HPJS.L drawdown of -24.65%. Use the drawdown chart below to compare losses from any high point for SUJA.L and HPJS.L.
Loading charts...
Drawdown Indicators
| SUJA.L | HPJS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.81% | -24.65% | +0.84% |
Max Drawdown (1Y)Largest decline over 1 year | -10.57% | -12.22% | +1.65% |
Max Drawdown (3Y)Largest decline over 3 years | -12.83% | -17.24% | +4.41% |
Max Drawdown (5Y)Largest decline over 5 years | -20.93% | — | — |
Current DrawdownCurrent decline from peak | -1.80% | -1.70% | -0.10% |
Average DrawdownAverage peak-to-trough decline | -7.00% | -11.45% | +4.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.73% | 3.72% | +0.01% |
Volatility
SUJA.L vs. HPJS.L - Volatility Comparison
iShares MSCI Japan SRI UCITS ETF USD (Acc) (SUJA.L) and HSBC MSCI Japan Climate Paris Aligned UCITS ETF (HPJS.L) have volatilities of 4.72% and 4.72%, 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.
Loading charts...
Volatility by Period
| SUJA.L | HPJS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.72% | 4.72% | 0.00% |
Volatility (6M)Calculated over the trailing 6-month period | 14.49% | 14.68% | -0.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.02% | 18.43% | -0.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.59% | 15.94% | -0.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.03% | 15.94% | +1.09% |
SUJA.L vs. HPJS.L - Expense Ratio Comparison
SUJA.L has a 0.20% expense ratio, which is higher than HPJS.L's 0.18% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
SUJA.L vs. HPJS.L - Dividend Comparison
Neither SUJA.L nor HPJS.L has paid dividends to shareholders.
Frequently Asked Questions
SUJA.L and HPJS.L have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, HPJS.L is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
HPJS.L is cheaper with a 0.18% expense ratio, compared with 0.20% for SUJA.L.
Both ETFs track TOPIX TR JPY. They also come from different issuers: iShares and HSBC. Their fees differ too: 0.20% for SUJA.L and 0.18% for HPJS.L.
Find the right allocation for SUJA.L and HPJS.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