IWP vs EWJ

Comparison between ISHARES RUSSELL MID-CAP GROWTH ETF (IWP, ETF) and ISHARES MSCI JAPAN ETF (EWJ, ETF).

5-Year PerformanceEWJ has outperformed IWP, delivering a return of +8.6% compared to +6.1%

IWP vs EWJ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IWP(ETF)	EWJ(ETF)
Net Assets	$19B	$18B
Expense Ratio	0.23%	0.49%
Max Drawdown	57.34%	62.18%
Sharpe Ratio	0.48	1.40
5Y Beta	1.15	0.86
P/E Ratio	41.48	N/A
Forward P/E	24.15	N/A
5Y Dividends CAGR	7.77%	27.21%
5Y EPS CAGR	19.98%	N/A
Debt to Equity	103.78%	N/A
P/S Ratio	2.09	N/A
P/B Ratio	9.85	N/A

Net Assets

Winner

IWP

$19B

EWJ

$18B

Expense Ratio

Winner

IWP

0.23%

EWJ

0.49%

Max Drawdown

Winner

IWP

57.34%

EWJ

62.18%

Sharpe Ratio

IWP

0.48

Winner

EWJ

1.40

5Y Beta

IWP

1.15

Winner

EWJ

0.86

P/E Ratio

IWP

41.48

EWJ

N/A

Forward P/E

IWP

24.15

EWJ

N/A

5Y Dividends CAGR

IWP

7.77%

Winner

EWJ

27.21%

5Y EPS CAGR

IWP

19.98%

EWJ

N/A

Debt to Equity

IWP

103.78%

EWJ

N/A

P/S Ratio

IWP

2.09

EWJ

N/A

P/B Ratio

IWP

9.85

EWJ

N/A

IWP vs EWJ - Historical Returns

Returns include dividend reinvestment.

Period	IWP	EWJ
1 month	+3.53%	+3.14%
3 months	+0.52%	+1.02%
6 months	-1.35%	+14.91%
1 year	+8.74%	+34.32%
5 years(CAGR)	+6.12%	+8.56%
10 years(CAGR)	+12.30%	+9.37%
Max(CAGR)	+9.19%	+3.22%

Winner

IWP

+3.53%

EWJ

+3.14%

IWP

+0.52%

Winner

EWJ

+1.02%

IWP

-1.35%

Winner

EWJ

+14.91%

IWP

+8.74%

Winner

EWJ

+34.32%

5Y(CAGR)

IWP

+6.12%

Winner

EWJ

+8.56%

10Y(CAGR)

Winner

IWP

+12.30%

EWJ

+9.37%

Max(CAGR)

Winner

IWP

+9.19%

EWJ

+3.22%

IWP vs EWJ - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	IWP	EWJ
2026	-0.55%	+13.39%
2025	+7.84%	+26.06%
2024	+23.83%	+8.03%
2023	+26.60%	+19.75%
2022	-26.14%	-17.81%
2021	+14.23%	+2.38%
2020	+33.86%	+14.21%
2019	+35.72%	+18.51%
2018	-5.68%	-14.61%
2017	+24.12%	+23.26%
2016	+8.86%	+4.41%
2015	-0.33%	+8.97%
2014	+12.77%	-4.66%
2013	+32.21%	+22.93%
2012	+14.17%	+7.10%
2011	-2.97%	-15.57%
2010	+24.30%	+10.75%
2009	+40.22%	+2.60%
2008	-43.79%	-26.64%
2007	+11.28%	-5.43%
2006	+8.69%	+2.59%
2005	+13.54%	+25.83%
2004	+15.71%	+13.03%
2003	+37.61%	+36.18%
2002	-27.76%	-10.32%
2001	-2.79%	-29.91%
2000	N/A	-29.46%
1999	N/A	+12.29%

IWP vs EWJ Drawdown Comparison

The maximum drawdown for IWP was -56.92%, occurring on Nov 20, 2008. Recovery took 824 trading sessions.

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

The current IWP drawdown is -5.30%. The current EWJ drawdown is -1.86%.

Rank	IWP	EWJ
#1	-56.92% Oct 9, 2007 - Jan 14, 2011	-60.95% Mar 31, 2000 - Jun 2, 2017
#2	-39.72% Aug 1, 2001 - Dec 1, 2003	-33.13% Sep 15, 2021 - Mar 6, 2024
#3	-38.62% Nov 16, 2021 - Oct 11, 2024	-30.69% Jan 26, 2018 - Nov 9, 2020
#4	-35.87% Feb 19, 2020 - Jul 8, 2020	-14.67% Sep 26, 2024 - Apr 29, 2025
#5	-25.20% Feb 18, 2025 - Jul 3, 2025	-13.59% Feb 11, 2026 - Mar 20, 2026
#6	-25.03% Jul 7, 2011 - Mar 26, 2012	-13.00% Dec 31, 1999 - Mar 31, 2000
#7	-22.49% Sep 14, 2018 - Mar 21, 2019	-12.21% Jul 16, 2024 - Aug 23, 2024
#8	-20.26% Apr 23, 2015 - Aug 23, 2016	-8.95% Feb 16, 2021 - Sep 3, 2021
#9	-14.79% Oct 27, 2025 - Mar 30, 2026	-7.43% Mar 21, 2024 - Jul 12, 2024
#10	-14.14% Apr 5, 2004 - Nov 11, 2004	-5.90% Oct 6, 2025 - Oct 20, 2025
#11	-13.73% May 8, 2006 - Nov 15, 2006	-5.75% Nov 12, 2025 - Dec 15, 2025
#12	-13.49% Feb 12, 2021 - Jun 24, 2021	-5.39% Aug 30, 2024 - Sep 26, 2024
#13	-11.47% Jul 19, 2007 - Oct 5, 2007	-5.14% Nov 26, 1999 - Dec 23, 1999
#14	-11.32% Apr 2, 2012 - Sep 13, 2012	-4.77% Jun 27, 2025 - Jul 23, 2025
#15	-10.16% Sep 5, 2014 - Nov 6, 2014	-4.19% Jan 14, 2021 - Feb 8, 2021

Correlation

Correlation between IWP and EWJ is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.

0.95

-101

Dividend Comparison (1999 - 2026)

IWP vs EWJ dividend yield comparison.

Year	IWP	EWJ
2026	0.04%	0.00%
2025	0.37%	4.52%
2024	0.40%	2.34%
2023	0.54%	2.03%
2022	0.77%	1.23%
2021	0.30%	2.08%
2020	0.38%	1.04%
2019	0.60%	2.03%
2018	1.02%	1.71%
2017	0.78%	1.25%
2016	1.16%	1.95%
2015	0.98%	1.27%
2014	1.03%	1.32%
2013	0.80%	1.11%
2012	1.32%	1.94%
2011	0.93%	2.13%
2010	0.85%	1.30%
2009	0.87%	1.42%
2008	1.26%	1.40%
2007	0.63%	1.04%
2006	0.70%	0.70%
2005	0.47%	0.43%
2004	0.28%	0.39%
2003	0.18%	0.02%
2002	0.13%	0.00%
2001	0.03%	0.00%
2000	0.00%	4.08%
1999	0.00%	0.67%