SUJP.L vs. LGAP.L
SUJP.L (iShares MSCI Japan SRI UCITS ETF) and LGAP.L (L&G Asia Pacific ex Japan Equity UCITS ETF) are both Japan Equities funds - SUJP.L tracks the iShares MSCI Japan SRI UCITS ETF while LGAP.L tracks the L&G Asia Pacific ex Japan Equity UCITS ETF. Both are passively managed. Over the past 5 years, SUJP.L returned 4.40%/yr vs 5.54%/yr for LGAP.L. A 0.65 correlation means they provide meaningful diversification when combined. SUJP.L charges 0.20%/yr vs 0.10%/yr for LGAP.L.
Performance
SUJP.L vs. LGAP.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SUJP.L achieves a 7.69% return, which is significantly lower than LGAP.L's 9.64% 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*
- —
LGAP.L
- 1D
- -0.40%
- 1M
- 0.61%
- 6M
- 7.65%
- YTD
- 9.64%
- 1Y
- 15.23%
- 3Y*
- 12.38%
- 5Y*
- 5.54%
- 10Y*
- —
SUJP.L vs. LGAP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
SUJP.L iShares MSCI Japan SRI UCITS ETF | 7.69% | 19.03% | 2.95% | 13.59% | -18.40% | 0.65% | 17.90% | 22.23% | -7.85% |
LGAP.L L&G Asia Pacific ex Japan Equity UCITS ETF | 9.64% | 20.97% | 4.67% | 4.82% | -5.65% | 2.87% | 8.44% | 17.78% | -1.30% |
Correlation
The correlation between SUJP.L and LGAP.L is 0.55, 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 | 0.55 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.58 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since Nov 9, 2018 | 0.65 |
The correlation between SUJP.L and LGAP.L shifts across timeframes, from 0.55 (1 year) to 0.65 (all time), 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
SUJP.L vs. LGAP.L — Risk / Return Rank
SUJP.L
LGAP.L
SUJP.L vs. LGAP.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 L&G Asia Pacific ex Japan Equity UCITS ETF (LGAP.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 | LGAP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.06 | ||
| Sortino ratioReturn per unit of downside risk | -0.13 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.19 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 1.59 | 1.72 | -0.13 |
| Martin ratioReturn relative to average drawdown | 4.56 | 4.58 | -0.02 |
Loading charts...
Drawdowns
SUJP.L vs. LGAP.L - Drawdown Comparison
The maximum SUJP.L drawdown since its inception was -34.36%, smaller than the maximum LGAP.L drawdown of -38.56%. Use the drawdown chart below to compare losses from any high point for SUJP.L and LGAP.L.
Loading charts...
Drawdown Indicators
| SUJP.L | LGAP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.36% | -38.56% | +4.20% |
Max Drawdown (1Y)Largest decline over 1 year | -12.70% | -8.50% | -4.20% |
Max Drawdown (3Y)Largest decline over 3 years | -14.85% | -19.01% | +4.16% |
Max Drawdown (5Y)Largest decline over 5 years | -34.36% | -24.31% | -10.05% |
Current DrawdownCurrent decline from peak | -1.32% | -2.20% | +0.88% |
Average DrawdownAverage peak-to-trough decline | -10.13% | -7.75% | -2.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.43% | 3.21% | +1.22% |
Volatility
SUJP.L vs. LGAP.L - Volatility Comparison
iShares MSCI Japan SRI UCITS ETF (SUJP.L) has a higher volatility of 5.25% compared to L&G Asia Pacific ex Japan Equity UCITS ETF (LGAP.L) at 3.45%. This indicates that SUJP.L's price experiences larger fluctuations and is considered to be riskier than LGAP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SUJP.L | LGAP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.25% | 3.45% | +1.80% |
Volatility (6M)Calculated over the trailing 6-month period | 16.66% | 11.66% | +5.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.41% | 14.03% | +6.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.96% | 17.46% | +0.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.54% | 19.26% | -1.72% |
SUJP.L vs. LGAP.L - Expense Ratio Comparison
SUJP.L has a 0.20% expense ratio, which is higher than LGAP.L's 0.10% 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
SUJP.L vs. LGAP.L - Dividend Comparison
Neither SUJP.L nor LGAP.L has paid dividends to shareholders.
Frequently Asked Questions
SUJP.L and LGAP.L have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LGAP.L is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LGAP.L is cheaper with a 0.10% expense ratio, compared with 0.20% for SUJP.L.
SUJP.L tracks iShares MSCI Japan SRI UCITS ETF, while LGAP.L tracks L&G Asia Pacific ex Japan Equity UCITS ETF. They also come from different issuers: iShares and L&G. Their fees differ too: 0.20% for SUJP.L and 0.10% for LGAP.L.
Find the right allocation for SUJP.L and LGAP.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