XMJP.L vs. SUSW.L

Last updated Jun 5, 2026

XMJP.L (Xtrackers MSCI Japan UCITS ETF 1C) and SUSW.L (iShares MSCI World SRI UCITS ETF EUR (Acc)) are both exchange-traded funds - XMJP.L is a Japan Equities fund tracking the TOPIX TR JPY, while SUSW.L is a Global Equities fund tracking the MSCI ACWI NR USD. Both are passively managed. Over the past 5 years, XMJP.L returned 10.23%/yr vs 10.67%/yr for SUSW.L. A 0.63 correlation means they provide meaningful diversification when combined. Both charge a 0.20% expense ratio.

Performance

XMJP.L vs. SUSW.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Xtrackers MSCI Japan UCITS ETF 1C (XMJP.L) and iShares MSCI World SRI UCITS ETF EUR (Acc) (SUSW.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

XMJP.L is traded in GBp, while SUSW.L is traded in EUR. To make them comparable, the SUSW.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, XMJP.L achieves a 16.45% return, which is significantly higher than SUSW.L's 10.49% return.

XMJP.L

• 1D: -0.26%
• 1M: 6.26%
• YTD: 16.45%
• 6M: 15.56%
• 1Y: 34.15%
• 3Y*: 15.63%
• 5Y*: 10.23%
• 10Y*: 10.26%

SUSW.L

• 1D: 0.34%
• 1M: 6.10%
• YTD: 10.49%
• 6M: 10.64%
• 1Y: 21.88%
• 3Y*: 13.12%
• 5Y*: 10.67%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

XMJP.L vs. SUSW.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XMJP.L Xtrackers MSCI Japan UCITS ETF 1C	16.45%	17.49%	9.14%	13.88%	-7.09%	2.11%	12.34%	14.37%	-8.64%	2.18%
SUSW.L iShares MSCI World SRI UCITS ETF EUR (Acc)	10.49%	7.34%	12.96%	18.37%	-12.08%	27.61%	17.02%	24.81%	-2.13%	1.80%

Correlation

The correlation between XMJP.L and SUSW.L is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.46
Correlation (3Y) Calculated over the trailing 3-year period	0.53
Correlation (5Y) Calculated over the trailing 5-year period	0.55
Correlation (All Time) Calculated using the full available price history since Oct 24, 2017	0.63

The correlation between XMJP.L and SUSW.L shifts across timeframes, from 0.46 (1 year) to 0.63 (all time), reflecting how their relationship changes across market environments.

XMJP.L vs. SUSW.L - Sectors Allocation Comparison

Sectors	XMJP.L	SUSW.L
Industrials	26.0%	11.8%
Technology	19.1%	30.6%
Financial Services	17.5%	17.1%
Consumer Cyclical	12.2%	9.2%
Communication Services	7.9%	7.7%
Healthcare	6.3%	9.3%
Consumer Defensive	3.6%	6.2%
Basic Materials	3.0%	4.0%
Real Estate	2.3%	2.3%
Utilities	1.1%	1.8%
Energy	1.1%	-

Return for Risk

XMJP.L vs. SUSW.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XMJP.L

XMJP.L Risk / Return Rank: 59
XMJP.L Sharpe Ratio Rank: 57
XMJP.L Sortino Ratio Rank: 58
XMJP.L Omega Ratio Rank: 59
XMJP.L Calmar Ratio Rank: 65
XMJP.L Martin Ratio Rank: 58

SUSW.L

SUSW.L Risk / Return Rank: 46
SUSW.L Sharpe Ratio Rank: 43
SUSW.L Sortino Ratio Rank: 44
SUSW.L Omega Ratio Rank: 44
SUSW.L Calmar Ratio Rank: 48
SUSW.L Martin Ratio Rank: 52

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XMJP.L vs. SUSW.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Japan UCITS ETF 1C (XMJP.L) and iShares MSCI World SRI UCITS ETF EUR (Acc) (SUSW.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.

	XMJP.L	SUSW.L	Difference
Sharpe ratio: Return per unit of total volatility	1.88	1.84	+0.04
Sortino ratio: Return per unit of downside risk	2.71	2.62	+0.09
Omega ratio: Gain probability vs. loss probability	1.35	1.34	+0.01
Calmar ratio: Return relative to maximum drawdown	3.19	2.77	+0.43
Martin ratio: Return relative to average drawdown	10.22	10.30	-0.08
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XMJP.L vs. SUSW.L - Sharpe Ratio Comparison

The current XMJP.L Sharpe Ratio is 1.88, which is comparable to the SUSW.L Sharpe Ratio of 1.84. The chart below compares the historical Sharpe Ratios of XMJP.L and SUSW.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XMJP.L	SUSW.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.88	1.84	+0.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.65	0.75	-0.10
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.64	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	0.75	-0.35

Drawdowns

XMJP.L vs. SUSW.L - Drawdown Comparison

The maximum XMJP.L drawdown since its inception was -28.91%, which is greater than SUSW.L's maximum drawdown of -24.50%. Use the drawdown chart below to compare losses from any high point for XMJP.L and SUSW.L.

Drawdown Indicators

	XMJP.L	SUSW.L	Difference
Max Drawdown Largest peak-to-trough decline	-28.91%	-24.50%	-4.41%
Max Drawdown (1Y) Largest decline over 1 year	-10.65%	-7.77%	-2.88%
Max Drawdown (3Y) Largest decline over 3 years	-14.29%	-20.11%	+5.82%
Max Drawdown (5Y) Largest decline over 5 years	-18.48%	-20.11%	+1.63%
Max Drawdown (10Y) Largest decline over 10 years	-24.22%	—	—
Current Drawdown Current decline from peak	-0.26%	0.00%	-0.26%
Average Drawdown Average peak-to-trough decline	-7.44%	-4.01%	-3.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.33%	2.10%	+1.23%

Volatility

XMJP.L vs. SUSW.L - Volatility Comparison

Xtrackers MSCI Japan UCITS ETF 1C (XMJP.L) has a higher volatility of 3.89% compared to iShares MSCI World SRI UCITS ETF EUR (Acc) (SUSW.L) at 3.54%. This indicates that XMJP.L's price experiences larger fluctuations and is considered to be riskier than SUSW.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XMJP.L	SUSW.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.89%	3.54%	+0.35%
Volatility (6M) Calculated over the trailing 6-month period	14.76%	8.89%	+5.87%
Volatility (1Y) Calculated over the trailing 1-year period	18.08%	11.71%	+6.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.78%	14.16%	+1.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.90%	15.84%	+0.06%

XMJP.L vs. SUSW.L - Expense Ratio Comparison

Both XMJP.L and SUSW.L have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

XMJP.L vs. SUSW.L - Dividend Comparison

Neither XMJP.L nor SUSW.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both XMJP.L and SUSW.L in my portfolio?

XMJP.L and SUSW.L have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XMJP.L or SUSW.L?

Both ETFs have the same 0.20% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XMJP.L or SUSW.L?

XMJP.L and SUSW.L have the same expense ratio: 0.20% per year.

What is the main difference between XMJP.L and SUSW.L?

XMJP.L is categorized as Japan Equities, while SUSW.L is Global Equities. XMJP.L tracks TOPIX TR JPY, while SUSW.L tracks MSCI ACWI NR USD. They also come from different issuers: Xtrackers and iShares.