SUJP.L vs. IJPE.L
SUJP.L (iShares MSCI Japan SRI UCITS ETF USD (Acc)) and IJPE.L (iShares MSCI Japan EUR Hedged UCITS ETF Accumulating) are both Japan Equities funds from iShares - SUJP.L tracks the MSCI Japan SRI Select Reduced Fossil Fuel Index (USD) while IJPE.L tracks the MSCI Japan Index. Both are passively managed. Over the past 5 years, SUJP.L returned 4.16%/yr vs 18.17%/yr for IJPE.L. A 0.79 correlation means they provide meaningful diversification when combined. SUJP.L charges 0.20%/yr vs 0.64%/yr for IJPE.L.
Performance
SUJP.L vs. IJPE.L - Performance Comparison
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Different Trading Currencies
SUJP.L is traded in USD, while IJPE.L is traded in EUR. To make them comparable, the IJPE.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, SUJP.L achieves a 6.49% return, which is significantly lower than IJPE.L's 13.81% return.
SUJP.L
- 1D
- -1.34%
- 1M
- 1.49%
- 6M
- 2.90%
- YTD
- 6.49%
- 1Y
- 17.35%
- 3Y*
- 9.87%
- 5Y*
- 4.16%
- 10Y*
- —
IJPE.L
- 1D
- -2.41%
- 1M
- -4.81%
- 6M
- 7.70%
- YTD
- 13.81%
- 1Y
- 41.31%
- 3Y*
- 25.49%
- 5Y*
- 18.17%
- 10Y*
- 14.15%
SUJP.L vs. IJPE.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SUJP.L iShares MSCI Japan SRI UCITS ETF USD (Acc) | 6.49% | 19.03% | 2.95% | 13.59% | -18.40% | 0.65% | 17.90% | 22.23% | -13.97% | 18.11% |
IJPE.L iShares MSCI Japan EUR Hedged UCITS ETF Accumulating | 13.81% | 44.44% | 14.53% | 37.02% | -11.11% | 3.87% | 18.57% | 13.15% | -20.81% | 32.45% |
Correlation
The correlation between SUJP.L and IJPE.L is 0.78, 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 | 0.78 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.78 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Mar 3, 2017 | 0.79 |
The correlation between SUJP.L and IJPE.L has been stable across timeframes, ranging from 0.78 to 0.79 - a consistent structural relationship.
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Return for Risk
SUJP.L vs. IJPE.L — Risk / Return Rank
SUJP.L
IJPE.L
SUJP.L vs. IJPE.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Japan SRI UCITS ETF USD (Acc) (SUJP.L) and iShares MSCI Japan EUR Hedged UCITS ETF Accumulating (IJPE.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 | IJPE.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.01 | ||
| Sortino ratioReturn per unit of downside risk | -1.28 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.34 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.36 | 3.44 | -2.08 |
| Martin ratioReturn relative to average drawdown | 3.91 | 11.26 | -7.36 |
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Drawdowns
SUJP.L vs. IJPE.L - Drawdown Comparison
The maximum SUJP.L drawdown since its inception was -34.36%, smaller than the maximum IJPE.L drawdown of -40.48%. Use the drawdown chart below to compare losses from any high point for SUJP.L and IJPE.L.
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Drawdown Indicators
| SUJP.L | IJPE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.36% | -40.48% | +6.12% |
Max Drawdown (1Y)Largest decline over 1 year | -12.70% | -11.96% | -0.74% |
Max Drawdown (3Y)Largest decline over 3 years | -14.85% | -20.61% | +5.76% |
Max Drawdown (5Y)Largest decline over 5 years | -34.36% | -27.70% | -6.66% |
Max Drawdown (10Y)Largest decline over 10 years | — | -40.48% | — |
Current DrawdownCurrent decline from peak | -2.42% | -6.49% | +4.07% |
Average DrawdownAverage peak-to-trough decline | -10.13% | -11.56% | +1.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.43% | 3.66% | +0.77% |
Volatility
SUJP.L vs. IJPE.L - Volatility Comparison
The current volatility for iShares MSCI Japan SRI UCITS ETF USD (Acc) (SUJP.L) is 5.44%, while iShares MSCI Japan EUR Hedged UCITS ETF Accumulating (IJPE.L) has a volatility of 7.63%. This indicates that SUJP.L experiences smaller price fluctuations and is considered to be less risky than IJPE.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 | IJPE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.44% | 7.63% | -2.19% |
Volatility (6M)Calculated over the trailing 6-month period | 16.72% | 17.88% | -1.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.47% | 22.21% | -1.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.96% | 20.97% | -3.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.54% | 19.99% | -2.45% |
SUJP.L vs. IJPE.L - Expense Ratio Comparison
SUJP.L has a 0.20% expense ratio, which is lower than IJPE.L's 0.64% expense ratio.
Dividends
SUJP.L vs. IJPE.L - Dividend Comparison
Neither SUJP.L nor IJPE.L has paid dividends to shareholders.
Frequently Asked Questions
SUJP.L and IJPE.L have a correlation of 0.78, 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 IJPE.L.
SUJP.L tracks MSCI Japan SRI Select Reduced Fossil Fuel Index (USD), while IJPE.L tracks MSCI Japan Index. Their fees differ too: 0.20% for SUJP.L and 0.64% for IJPE.L.
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