SUJP.L vs. IJPD.L
SUJP.L (iShares MSCI Japan SRI UCITS ETF) and IJPD.L (iShares MSCI Japan USD Hedged UCITS ETF Accumulating) are both Japan Equities funds from iShares - SUJP.L tracks the iShares MSCI Japan SRI UCITS ETF while IJPD.L tracks the MSCI Japan 100% Hedged to USD Net TR Index. Both are passively managed. Over the past 5 years, SUJP.L returned 4.40%/yr vs 21.89%/yr for IJPD.L. A 0.78 correlation means they provide meaningful diversification when combined. SUJP.L charges 0.20%/yr vs 0.64%/yr for IJPD.L.
Performance
SUJP.L vs. IJPD.L - Performance Comparison
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Returns By Period
In the year-to-date period, SUJP.L achieves a 7.69% return, which is significantly lower than IJPD.L's 22.10% return.
SUJP.L
- 1D
- 0.56%
- 1M
- 3.94%
- 6M
- 3.58%
- YTD
- 7.69%
- 1Y
- 20.59%
- 3Y*
- 10.73%
- 5Y*
- 4.40%
- 10Y*
- —
IJPD.L
- 1D
- -1.07%
- 1M
- 0.56%
- 6M
- 14.39%
- YTD
- 22.10%
- 1Y
- 52.00%
- 3Y*
- 28.86%
- 5Y*
- 21.89%
- 10Y*
- 16.33%
SUJP.L vs. IJPD.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SUJP.L iShares MSCI Japan SRI UCITS ETF | 7.69% | 19.03% | 2.95% | 13.59% | -18.40% | 0.65% | 17.90% | 22.23% | -13.97% | 18.11% |
IJPD.L iShares MSCI Japan USD Hedged UCITS ETF Accumulating | 22.10% | 29.04% | 24.14% | 35.59% | -3.08% | 12.22% | 10.80% | 18.74% | -14.26% | 17.78% |
Correlation
The correlation between SUJP.L and IJPD.L is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.76 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.76 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.76 |
Correlation (All Time) Calculated using the full available price history since Mar 3, 2017 | 0.78 |
The correlation between SUJP.L and IJPD.L has been stable across timeframes, ranging from 0.76 to 0.78 - a consistent structural relationship.
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Return for Risk
SUJP.L vs. IJPD.L — Risk / Return Rank
SUJP.L
IJPD.L
SUJP.L vs. IJPD.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Japan SRI UCITS ETF (SUJP.L) and iShares MSCI Japan USD Hedged UCITS ETF Accumulating (IJPD.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.
| SUJP.L | IJPD.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.50 | ||
| Sortino ratioReturn per unit of downside risk | -1.93 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.45 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | 1.59 | 5.55 | -3.96 |
| Martin ratioReturn relative to average drawdown | 4.56 | 18.34 | -13.78 |
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Drawdowns
SUJP.L vs. IJPD.L - Drawdown Comparison
The maximum SUJP.L drawdown since its inception was -34.36%, which is greater than IJPD.L's maximum drawdown of -31.09%. Use the drawdown chart below to compare losses from any high point for SUJP.L and IJPD.L.
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Drawdown Indicators
| SUJP.L | IJPD.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.36% | -31.09% | -3.27% |
Max Drawdown (1Y)Largest decline over 1 year | -12.70% | -9.32% | -3.38% |
Max Drawdown (3Y)Largest decline over 3 years | -14.85% | -21.80% | +6.95% |
Max Drawdown (5Y)Largest decline over 5 years | -34.36% | -21.80% | -12.56% |
Max Drawdown (10Y)Largest decline over 10 years | — | -31.09% | — |
Current DrawdownCurrent decline from peak | -1.32% | -3.28% | +1.96% |
Average DrawdownAverage peak-to-trough decline | -10.13% | -6.71% | -3.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.43% | 2.83% | +1.60% |
Volatility
SUJP.L vs. IJPD.L - Volatility Comparison
The current volatility for iShares MSCI Japan SRI UCITS ETF (SUJP.L) is 5.25%, while iShares MSCI Japan USD Hedged UCITS ETF Accumulating (IJPD.L) has a volatility of 6.63%. This indicates that SUJP.L experiences smaller price fluctuations and is considered to be less risky than IJPD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SUJP.L | IJPD.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.25% | 6.63% | -1.38% |
Volatility (6M)Calculated over the trailing 6-month period | 16.66% | 16.49% | +0.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.41% | 20.77% | -0.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.96% | 18.97% | -1.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.54% | 18.64% | -1.10% |
SUJP.L vs. IJPD.L - Expense Ratio Comparison
SUJP.L has a 0.20% expense ratio, which is lower than IJPD.L's 0.64% expense ratio.
Dividends
SUJP.L vs. IJPD.L - Dividend Comparison
Neither SUJP.L nor IJPD.L has paid dividends to shareholders.
Frequently Asked Questions
SUJP.L and IJPD.L have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SUJP.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SUJP.L is cheaper with a 0.20% expense ratio, compared with 0.64% for IJPD.L.
SUJP.L tracks iShares MSCI Japan SRI UCITS ETF, while IJPD.L tracks MSCI Japan 100% Hedged to USD Net TR Index. Their fees differ too: 0.20% for SUJP.L and 0.64% for IJPD.L.
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