VJPB.L vs. IS3N.DE
VJPB.L (Vanguard FTSE Japan UCITS ETF Accumulating) and IS3N.DE (iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc)) are both exchange-traded funds - VJPB.L is a Japan Equities fund tracking the TOPIX TR JPY, while IS3N.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets Investable Market (IMI). Both are passively managed. Over the past 5 years, VJPB.L returned 9.91%/yr vs 8.58%/yr for IS3N.DE. At a 0.50 correlation, their price movements are largely independent. VJPB.L charges 0.15%/yr vs 0.18%/yr for IS3N.DE.
Performance
VJPB.L vs. IS3N.DE - Performance Comparison
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Different Trading Currencies
VJPB.L is traded in GBP, while IS3N.DE is traded in EUR. To make them comparable, the IS3N.DE values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, VJPB.L achieves a 15.28% return, which is significantly lower than IS3N.DE's 23.53% return.
VJPB.L
- 1D
- 2.22%
- 1M
- 0.63%
- YTD
- 15.28%
- 6M
- 14.35%
- 1Y
- 33.40%
- 3Y*
- 14.43%
- 5Y*
- 9.91%
- 10Y*
- —
IS3N.DE
- 1D
- 3.10%
- 1M
- 0.57%
- YTD
- 23.53%
- 6M
- 25.54%
- 1Y
- 47.04%
- 3Y*
- 19.13%
- 5Y*
- 8.58%
- 10Y*
- 11.15%
VJPB.L vs. IS3N.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
VJPB.L Vanguard FTSE Japan UCITS ETF Accumulating | 15.28% | 17.99% | 8.51% | 13.43% | -6.28% | 1.76% | 12.11% | -20.91% |
IS3N.DE iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) | 23.53% | 23.23% | 8.91% | 5.06% | -9.13% | -0.47% | 13.12% | 5.16% |
Correlation
The correlation between VJPB.L and IS3N.DE is 0.52, 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 | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Sep 24, 2019 | 0.50 |
The correlation between VJPB.L and IS3N.DE has been stable across timeframes, ranging from 0.44 to 0.52 - a consistent structural relationship.
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Return for Risk
VJPB.L vs. IS3N.DE — Risk / Return Rank
VJPB.L
IS3N.DE
VJPB.L vs. IS3N.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Japan UCITS ETF Accumulating (VJPB.L) and iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (IS3N.DE). 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.
| VJPB.L | IS3N.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.78 | ||
| Sortino ratioReturn per unit of downside risk | -0.79 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.48 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 3.07 | 4.20 | -1.14 |
| Martin ratioReturn relative to average drawdown | 9.85 | 14.38 | -4.52 |
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Drawdowns
VJPB.L vs. IS3N.DE - Drawdown Comparison
The maximum VJPB.L drawdown since its inception was -38.31%, which is greater than IS3N.DE's maximum drawdown of -31.33%. Use the drawdown chart below to compare losses from any high point for VJPB.L and IS3N.DE.
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Drawdown Indicators
| VJPB.L | IS3N.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.31% | -31.33% | -6.98% |
Max Drawdown (1Y)Largest decline over 1 year | -10.66% | -10.76% | +0.10% |
Max Drawdown (3Y)Largest decline over 3 years | -19.86% | -16.72% | -3.14% |
Max Drawdown (5Y)Largest decline over 5 years | -19.86% | -21.98% | +2.12% |
Max Drawdown (10Y)Largest decline over 10 years | — | -26.45% | — |
Current DrawdownCurrent decline from peak | -0.98% | -3.30% | +2.32% |
Average DrawdownAverage peak-to-trough decline | -12.10% | -8.72% | -3.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.32% | 3.15% | +0.17% |
Volatility
VJPB.L vs. IS3N.DE - Volatility Comparison
The current volatility for Vanguard FTSE Japan UCITS ETF Accumulating (VJPB.L) is 4.50%, while iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (IS3N.DE) has a volatility of 7.29%. This indicates that VJPB.L experiences smaller price fluctuations and is considered to be less risky than IS3N.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VJPB.L | IS3N.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.50% | 7.29% | -2.79% |
Volatility (6M)Calculated over the trailing 6-month period | 14.75% | 15.20% | -0.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.00% | 17.40% | +0.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.77% | 16.06% | +4.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.74% | 18.04% | +3.70% |
VJPB.L vs. IS3N.DE - Expense Ratio Comparison
VJPB.L has a 0.15% expense ratio, which is lower than IS3N.DE's 0.18% 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%.
Dividends
VJPB.L vs. IS3N.DE - Dividend Comparison
Neither VJPB.L nor IS3N.DE has paid dividends to shareholders.
Frequently Asked Questions
VJPB.L and IS3N.DE have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VJPB.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VJPB.L is cheaper with a 0.15% expense ratio, compared with 0.18% for IS3N.DE.
VJPB.L is categorized as Japan Equities, while IS3N.DE is Emerging Markets Equities. VJPB.L tracks TOPIX TR JPY, while IS3N.DE tracks MSCI Emerging Markets Investable Market (IMI). They also come from different issuers: Vanguard and iShares. Their fees differ too: 0.15% for VJPB.L and 0.18% for IS3N.DE.
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