VJPA.L vs. HMJP.L
Compare and contrast key facts about Vanguard FTSE Japan UCITS ETF USD Acc (VJPA.L) and HSBC MSCI Japan UCITS ETF USD (HMJP.L).
VJPA.L and HMJP.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VJPA.L is a passively managed fund by Vanguard that tracks the performance of the FTSE Japan Index. It was launched on Sep 24, 2019. HMJP.L is a passively managed fund by HSBC that tracks the performance of the TOPIX TR JPY. It was launched on Mar 23, 2010. Both VJPA.L and HMJP.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VJPA.L or HMJP.L.
Key characteristics
| VJPA.L | HMJP.L | |
|---|---|---|
| YTD Return | 8.40% | 7.43% |
| 1Y Return | 16.95% | 11.73% |
| 3Y Return (Ann) | 1.86% | 3.52% |
| 5Y Return (Ann) | 4.94% | 4.90% |
| Sharpe Ratio | 1.07 | 0.73 |
| Sortino Ratio | 1.49 | 1.07 |
| Omega Ratio | 1.21 | 1.15 |
| Calmar Ratio | 1.19 | 0.98 |
| Martin Ratio | 4.87 | 2.67 |
| Ulcer Index | 3.63% | 4.39% |
| Daily Std Dev | 16.60% | 16.01% |
| Max Drawdown | -32.06% | -24.24% |
| Current Drawdown | -4.86% | -5.07% |
Correlation
The correlation between VJPA.L and HMJP.L is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
VJPA.L vs. HMJP.L - Performance Comparison
In the year-to-date period, VJPA.L achieves a 8.40% return, which is significantly higher than HMJP.L's 7.43% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VJPA.L vs. HMJP.L - Expense Ratio Comparison
VJPA.L has a 0.15% expense ratio, which is lower than HMJP.L's 0.19% 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%.
Risk-Adjusted Performance
VJPA.L vs. HMJP.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Japan UCITS ETF USD Acc (VJPA.L) and HSBC MSCI Japan UCITS ETF USD (HMJP.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.
Dividends
VJPA.L vs. HMJP.L - Dividend Comparison
VJPA.L has not paid dividends to shareholders, while HMJP.L's dividend yield for the trailing twelve months is around 1.66%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VJPA.L Vanguard FTSE Japan UCITS ETF USD Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HMJP.L HSBC MSCI Japan UCITS ETF USD | 1.66% | 1.75% | 1.98% | 1.53% | 1.68% | 1.83% | 1.73% | 1.41% | 1.27% | 1.10% | 1.28% | 1.44% |
Drawdowns
VJPA.L vs. HMJP.L - Drawdown Comparison
The maximum VJPA.L drawdown since its inception was -32.06%, which is greater than HMJP.L's maximum drawdown of -24.24%. Use the drawdown chart below to compare losses from any high point for VJPA.L and HMJP.L. For additional features, visit the drawdowns tool.
Volatility
VJPA.L vs. HMJP.L - Volatility Comparison
The current volatility for Vanguard FTSE Japan UCITS ETF USD Acc (VJPA.L) is 4.08%, while HSBC MSCI Japan UCITS ETF USD (HMJP.L) has a volatility of 4.39%. This indicates that VJPA.L experiences smaller price fluctuations and is considered to be less risky than HMJP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.