IEI vs EWJ

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

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

IEI vs EWJ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

Winner

IEI

$19B

EWJ

$18B

Expense Ratio

Winner

IEI

0.15%

EWJ

0.49%

Max Drawdown

Winner

IEI

16.77%

EWJ

62.18%

Sharpe Ratio

IEI

-0.07

Winner

EWJ

1.40

5Y Beta

Winner

IEI

-0.02

EWJ

0.86

5Y Dividends CAGR

Winner

IEI

30.98%

EWJ

27.21%

IEI vs EWJ - Historical Returns

Returns include dividend reinvestment.

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

IEI

-0.07%

Winner

EWJ

+3.14%

IEI

-0.23%

Winner

EWJ

+1.02%

IEI

+0.49%

Winner

EWJ

+14.91%

IEI

+3.94%

Winner

EWJ

+34.32%

5Y(CAGR)

IEI

+0.36%

Winner

EWJ

+8.56%

10Y(CAGR)

IEI

+1.33%

Winner

EWJ

+9.37%

Max(CAGR)

IEI

+2.90%

Winner

EWJ

+3.22%

IEI vs EWJ - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

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

IEI vs EWJ Drawdown Comparison

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

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

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

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

Correlation

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

0.71

-101

Dividend Comparison (1999 - 2026)

IEI vs EWJ dividend yield comparison.

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