EWJ vs IYW

Comparison between ISHARES MSCI JAPAN ETF (EWJ, ETF) and ISHARES U.S. TECHNOLOGY ETF (IYW, ETF).

5-Year PerformanceIYW has outperformed EWJ, delivering a return of +22.7% compared to +9.7%

EWJ vs IYW - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EWJ(ETF)	IYW(ETF)
Net Assets	$21B	$22B
Expense Ratio	0.49%	0.38%
Max Drawdown	62.18%	81.90%
Sharpe Ratio	1.39	2.24
5Y Beta	0.86	1.42
P/E Ratio	N/A	39.71
Forward P/E	N/A	24.61
5Y Dividends CAGR	27.21%	-6.12%
5Y EPS CAGR	N/A	38.34%
Debt to Equity	N/A	2.61%
P/S Ratio	N/A	7.57
P/B Ratio	N/A	10.31

Net Assets

EWJ

$21B

Winner

IYW

$22B

Expense Ratio

EWJ

0.49%

Winner

IYW

0.38%

Max Drawdown

Winner

EWJ

62.18%

IYW

81.90%

Sharpe Ratio

EWJ

1.39

Winner

IYW

2.24

5Y Beta

Winner

EWJ

0.86

IYW

1.42

P/E Ratio

EWJ

N/A

IYW

39.71

Forward P/E

EWJ

N/A

IYW

24.61

5Y Dividends CAGR

Winner

EWJ

27.21%

IYW

-6.12%

5Y EPS CAGR

EWJ

N/A

IYW

38.34%

Debt to Equity

EWJ

N/A

IYW

2.61%

P/S Ratio

EWJ

N/A

IYW

7.57

P/B Ratio

EWJ

N/A

IYW

10.31

EWJ vs IYW - Historical Returns

Returns include dividend reinvestment.

Period	EWJ	IYW
1 month	+4.20%	+19.77%
3 months	-1.40%	+24.30%
6 months	+13.29%	+16.70%
1 year	+32.31%	+52.92%
5 years(CAGR)	+9.71%	+22.67%
10 years(CAGR)	+9.20%	+25.68%
Max(CAGR)	+3.21%	+9.27%

EWJ

+4.20%

Winner

IYW

+19.77%

EWJ

-1.40%

Winner

IYW

+24.30%

EWJ

+13.29%

Winner

IYW

+16.70%

EWJ

+32.31%

Winner

IYW

+52.92%

5Y(CAGR)

EWJ

+9.71%

Winner

IYW

+22.67%

10Y(CAGR)

EWJ

+9.20%

Winner

IYW

+25.68%

Max(CAGR)

EWJ

+3.21%

Winner

IYW

+9.27%

EWJ vs IYW - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	EWJ	IYW
2026	+13.19%	+18.64%
2025	+26.06%	+25.36%
2024	+8.03%	+33.77%
2023	+19.75%	+66.65%
2022	-17.81%	-35.16%
2021	+2.38%	+37.48%
2020	+14.21%	+44.47%
2019	+18.51%	+46.32%
2018	-14.61%	-2.40%
2017	+23.26%	+35.59%
2016	+4.41%	+15.48%
2015	+8.97%	+4.03%
2014	-4.66%	+20.70%
2013	+22.93%	+22.71%
2012	+7.10%	+9.98%
2011	-15.57%	-1.28%
2010	+10.75%	+10.59%
2009	+2.60%	+57.56%
2008	-26.64%	-42.02%
2007	-5.43%	+14.50%
2006	+2.59%	+7.37%
2005	+25.83%	+3.73%
2004	+13.03%	+0.96%
2003	+36.18%	+43.69%
2002	-10.32%	-40.37%
2001	-29.91%	-22.34%
2000	-29.46%	-32.09%
1999	+12.29%	N/A

EWJ vs IYW Drawdown Comparison

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

The maximum drawdown for IYW was -81.90%, occurring on Oct 9, 2002. Recovery took 4156 trading sessions.

The current EWJ drawdown is -2.03%. The current IYW drawdown is -1.24%.

Rank	EWJ	IYW
#1	-60.95% Mar 31, 2000 - Jun 2, 2017	-81.90% Jul 17, 2000 - Jan 24, 2017
#2	-33.13% Sep 15, 2021 - Mar 6, 2024	-39.44% Dec 27, 2021 - Nov 20, 2023
#3	-30.69% Jan 26, 2018 - Nov 9, 2020	-30.47% Feb 19, 2020 - Jun 5, 2020
#4	-14.67% Sep 26, 2024 - Apr 29, 2025	-26.47% Feb 18, 2025 - Jun 24, 2025
#5	-13.59% Feb 11, 2026 - Mar 20, 2026	-23.96% Aug 29, 2018 - Mar 21, 2019
#6	-13.00% Dec 31, 1999 - Mar 31, 2000	-17.81% Oct 29, 2025 - Apr 22, 2026
#7	-12.21% Jul 16, 2024 - Aug 23, 2024	-16.11% Jul 10, 2024 - Nov 7, 2024
#8	-8.95% Feb 16, 2021 - Sep 3, 2021	-13.30% Sep 2, 2020 - Dec 4, 2020
#9	-7.43% Mar 21, 2024 - Jul 12, 2024	-12.91% Apr 29, 2019 - Jul 12, 2019
#10	-5.90% Oct 6, 2025 - Oct 20, 2025	-11.44% Feb 12, 2021 - Apr 8, 2021
#11	-5.75% Nov 12, 2025 - Dec 15, 2025	-10.54% Jan 26, 2018 - Feb 26, 2018
#12	-5.39% Aug 30, 2024 - Sep 26, 2024	-10.21% Mar 12, 2018 - Jun 1, 2018
#13	-5.14% Nov 26, 1999 - Dec 23, 1999	-8.84% Apr 15, 2021 - Jun 11, 2021
#14	-4.77% Jun 27, 2025 - Jul 23, 2025	-8.67% Mar 22, 2024 - May 15, 2024
#15	-4.19% Jan 14, 2021 - Feb 8, 2021	-8.42% Jul 26, 2019 - Oct 28, 2019

Correlation

Correlation between EWJ and IYW is 0.93 which considered as a very strong positive correlation - the stocks move almost identically together.

0.93

-101

Dividend Comparison (1999 - 2026)

EWJ vs IYW dividend yield comparison.

Year	EWJ	IYW
2026	0.00%	0.03%
2025	4.52%	0.14%
2024	2.34%	0.21%
2023	2.03%	0.34%
2022	1.23%	0.50%
2021	2.08%	0.31%
2020	1.04%	0.56%
2019	2.03%	0.72%
2018	1.71%	0.92%
2017	1.25%	0.82%
2016	1.95%	1.14%
2015	1.27%	1.12%
2014	1.32%	1.13%
2013	1.11%	1.06%
2012	1.94%	0.94%
2011	2.13%	0.61%
2010	1.30%	0.43%
2009	1.42%	0.45%
2008	1.40%	0.65%
2007	1.04%	0.21%
2006	0.70%	0.14%
2005	0.43%	0.15%
2004	0.39%	1.44%
2003	0.02%	0.00%
2000	4.08%	0.00%
1999	0.67%	0.00%