EWJ vs IEI

Comparison between ISHARES MSCI JAPAN ETF (EWJ, ETF) and ISHARES 3-7 YEAR TREASURY BOND ETF (IEI, ETF).

5-Year PerformanceEWJ has outperformed IEI, delivering a return of +8.6% compared to +0.4%

EWJ vs IEI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EWJ(ETF)	IEI(ETF)
Net Assets	$18B	$19B
Expense Ratio	0.49%	0.15%
Max Drawdown	62.18%	16.77%
Sharpe Ratio	1.40	-0.07
5Y Beta	0.86	-0.02
5Y Dividends CAGR	27.21%	30.98%

Net Assets

EWJ

$18B

Winner

IEI

$19B

Expense Ratio

EWJ

0.49%

Winner

IEI

0.15%

Max Drawdown

EWJ

62.18%

Winner

IEI

16.77%

Sharpe Ratio

Winner

EWJ

1.40

IEI

-0.07

5Y Beta

EWJ

0.86

Winner

IEI

-0.02

5Y Dividends CAGR

EWJ

27.21%

Winner

IEI

30.98%

EWJ vs IEI - Historical Returns

Returns include dividend reinvestment.

Period	EWJ	IEI
1 month	+3.14%	-0.07%
3 months	+1.02%	-0.23%
6 months	+14.91%	+0.49%
1 year	+34.32%	+3.94%
5 years(CAGR)	+8.56%	+0.36%
10 years(CAGR)	+9.37%	+1.33%
Max(CAGR)	+3.22%	+2.90%

Winner

EWJ

+3.14%

IEI

-0.07%

Winner

EWJ

+1.02%

IEI

-0.23%

Winner

EWJ

+14.91%

IEI

+0.49%

Winner

EWJ

+34.32%

IEI

+3.94%

5Y(CAGR)

Winner

EWJ

+8.56%

IEI

+0.36%

10Y(CAGR)

Winner

EWJ

+9.37%

IEI

+1.33%

Max(CAGR)

Winner

EWJ

+3.22%

IEI

+2.90%

EWJ vs IEI - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	EWJ	IEI
2026	+13.39%	+0.12%
2025	+26.06%	+6.97%
2024	+8.03%	+2.11%
2023	+19.75%	+4.11%
2022	-17.81%	-9.13%
2021	+2.38%	-2.57%
2020	+14.21%	+6.76%
2019	+18.51%	+5.56%
2018	-14.61%	+1.50%
2017	+23.26%	+1.24%
2016	+4.41%	+1.02%
2015	+8.97%	+1.41%
2014	-4.66%	+3.07%
2013	+22.93%	-1.78%
2012	+7.10%	+2.15%
2011	-15.57%	+8.25%
2010	+10.75%	+6.24%
2009	+2.60%	-1.06%
2008	-26.64%	+12.21%
2007	-5.43%	+10.13%
2006	+2.59%	N/A
2005	+25.83%	N/A
2004	+13.03%	N/A
2003	+36.18%	N/A
2002	-10.32%	N/A
2001	-29.91%	N/A
2000	-29.46%	N/A
1999	+12.29%	N/A

EWJ vs IEI Drawdown Comparison

The maximum drawdown for EWJ was -60.95%, occurring on Apr 25, 2003. Recovery took 4319 trading sessions.

The maximum drawdown for IEI was -14.60%, occurring on Oct 20, 2022. Recovery took 1335 trading sessions.

The current EWJ drawdown is -1.86%. The current IEI drawdown is -1.34%.

Rank	EWJ	IEI
#1	-60.95% Mar 31, 2000 - Jun 2, 2017	-14.60% Aug 4, 2020 - Nov 25, 2025
#2	-33.13% Sep 15, 2021 - Mar 6, 2024	-5.97% Dec 16, 2008 - May 5, 2010
#3	-30.69% Jan 26, 2018 - Nov 9, 2020	-5.25% Mar 17, 2008 - Sep 15, 2008
#4	-14.67% Sep 26, 2024 - Apr 29, 2025	-4.92% Nov 4, 2010 - Jun 8, 2011
#5	-13.59% Feb 11, 2026 - Mar 20, 2026	-4.49% Jul 5, 2016 - Mar 15, 2019
#6	-13.00% Dec 31, 1999 - Mar 31, 2000	-4.16% May 2, 2013 - Oct 8, 2014
#7	-12.21% Jul 16, 2024 - Aug 23, 2024	-2.89% Oct 7, 2008 - Nov 4, 2008
#8	-8.95% Feb 16, 2021 - Sep 3, 2021	-2.21% Sep 17, 2008 - Oct 6, 2008
#9	-7.43% Mar 21, 2024 - Jul 12, 2024	-2.20% Feb 27, 2026 - Mar 26, 2026
#10	-5.90% Oct 6, 2025 - Oct 20, 2025	-2.16% Jan 30, 2015 - Aug 24, 2015
#11	-5.75% Nov 12, 2025 - Dec 15, 2025	-2.00% Jan 31, 2012 - May 4, 2012
#12	-5.39% Aug 30, 2024 - Sep 26, 2024	-1.97% May 8, 2007 - Jul 24, 2007
#13	-5.14% Nov 26, 1999 - Dec 23, 1999	-1.96% Oct 14, 2015 - Jan 28, 2016
#14	-4.77% Jun 27, 2025 - Jul 23, 2025	-1.95% Sep 4, 2019 - Jan 27, 2020
#15	-4.19% Jan 14, 2021 - Feb 8, 2021	-1.84% Mar 9, 2020 - Mar 23, 2020

Correlation

Correlation between EWJ and IEI is 0.71 which considered as a strong positive correlation - the stocks tend to move together.

0.71

-101

Dividend Comparison (1999 - 2026)

EWJ vs IEI dividend yield comparison.

Year	EWJ	IEI
2026	0.00%	1.20%
2025	4.52%	3.48%
2024	2.34%	3.18%
2023	2.03%	2.36%
2022	1.23%	1.37%
2021	2.08%	0.73%
2020	1.04%	1.12%
2019	2.03%	2.01%
2018	1.71%	1.95%
2017	1.25%	1.51%
2016	1.95%	1.33%
2015	1.27%	1.39%
2014	1.32%	1.23%
2013	1.11%	0.77%
2012	1.94%	0.87%
2011	2.13%	1.67%
2010	1.30%	2.13%
2009	1.42%	3.14%
2008	1.40%	2.80%
2007	1.04%	4.04%
2006	0.70%	0.00%
2005	0.43%	0.00%
2004	0.39%	0.00%
2003	0.02%	0.00%
2000	4.08%	0.00%
1999	0.67%	0.00%