VJPB.L vs. LGJP.L
VJPB.L (Vanguard FTSE Japan UCITS ETF Accumulating) and LGJP.L (L&G Japan Equity UCITS ETF) are both Japan Equities funds - VJPB.L tracks the TOPIX TR JPY while LGJP.L tracks the L&G Japan Equity UCITS ETF. Both are passively managed. Over the past 5 years, VJPB.L returned 9.91%/yr vs 10.04%/yr for LGJP.L. Their correlation of 0.92 suggests significant overlap in exposure. VJPB.L charges 0.15%/yr vs 0.10%/yr for LGJP.L.
Performance
VJPB.L vs. LGJP.L - Performance Comparison
Loading charts...
Different Trading Currencies
VJPB.L is traded in GBP, while LGJP.L is traded in USD. To make them comparable, the LGJP.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
The year-to-date returns for both stocks are quite close, with VJPB.L having a 15.64% return and LGJP.L slightly lower at 15.40%.
VJPB.L
- 1D
- -1.83%
- 1M
- -0.98%
- 6M
- 9.77%
- YTD
- 15.64%
- 1Y
- 34.32%
- 3Y*
- 16.75%
- 5Y*
- 9.91%
- 10Y*
- —
LGJP.L
- 1D
- 0.00%
- 1M
- -0.59%
- 6M
- 9.38%
- YTD
- 15.40%
- 1Y
- 33.41%
- 3Y*
- 16.86%
- 5Y*
- 10.04%
- 10Y*
- —
VJPB.L vs. LGJP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
VJPB.L Vanguard FTSE Japan UCITS ETF Accumulating | 15.64% | 17.99% | 8.51% | 13.43% | -6.28% | 1.76% | 12.11% | -20.91% |
LGJP.L L&G Japan Equity UCITS ETF | 15.40% | 16.72% | 10.25% | 14.24% | -6.86% | 2.01% | 13.16% | -1.47% |
Correlation
The correlation between VJPB.L and LGJP.L is 0.95, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.95 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.94 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.93 |
Correlation (All Time) Calculated using the full available price history since Sep 24, 2019 | 0.92 |
The correlation between VJPB.L and LGJP.L has been stable across timeframes, ranging from 0.92 to 0.95 - a consistent structural relationship.
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
VJPB.L vs. LGJP.L — Risk / Return Rank
VJPB.L
LGJP.L
VJPB.L vs. LGJP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Japan UCITS ETF Accumulating (VJPB.L) and L&G Japan Equity UCITS ETF (LGJP.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.
| VJPB.L | LGJP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.16 | ||
| Sortino ratioReturn per unit of downside risk | +0.16 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.31 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.20 | 3.08 | +0.12 |
| Martin ratioReturn relative to average drawdown | 9.97 | 9.53 | +0.44 |
Loading charts...
Drawdowns
VJPB.L vs. LGJP.L - Drawdown Comparison
The maximum VJPB.L drawdown since its inception was -38.31%, which is greater than LGJP.L's maximum drawdown of -23.10%. Use the drawdown chart below to compare losses from any high point for VJPB.L and LGJP.L.
Loading charts...
Drawdown Indicators
| VJPB.L | LGJP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.31% | -23.10% | -15.21% |
Max Drawdown (1Y)Largest decline over 1 year | -10.66% | -10.76% | +0.10% |
Max Drawdown (3Y)Largest decline over 3 years | -19.86% | -13.79% | -6.07% |
Max Drawdown (5Y)Largest decline over 5 years | -19.86% | -18.15% | -1.71% |
Current DrawdownCurrent decline from peak | -5.08% | -4.57% | -0.51% |
Average DrawdownAverage peak-to-trough decline | -11.98% | -4.98% | -7.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.43% | 3.49% | -0.06% |
Volatility
VJPB.L vs. LGJP.L - Volatility Comparison
Vanguard FTSE Japan UCITS ETF Accumulating (VJPB.L) and L&G Japan Equity UCITS ETF (LGJP.L) have volatilities of 6.59% and 6.43%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VJPB.L | LGJP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.59% | 6.43% | +0.16% |
Volatility (6M)Calculated over the trailing 6-month period | 15.67% | 16.88% | -1.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.83% | 19.99% | -1.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.92% | 16.80% | +4.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.74% | 17.43% | +4.31% |
VJPB.L vs. LGJP.L - Expense Ratio Comparison
VJPB.L has a 0.15% expense ratio, which is higher than LGJP.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
VJPB.L vs. LGJP.L - Dividend Comparison
Neither VJPB.L nor LGJP.L has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.95, VJPB.L and LGJP.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, LGJP.L is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LGJP.L is cheaper with a 0.10% expense ratio, compared with 0.15% for VJPB.L.
VJPB.L tracks TOPIX TR JPY, while LGJP.L tracks L&G Japan Equity UCITS ETF. They also come from different issuers: Vanguard and L&G. Their fees differ too: 0.15% for VJPB.L and 0.10% for LGJP.L.
Find the right allocation for VJPB.L and LGJP.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