IYW vs EWJ

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

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

IYW vs EWJ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

Winner

IYW

$22B

EWJ

$21B

Expense Ratio

Winner

IYW

0.38%

EWJ

0.49%

Max Drawdown

IYW

81.90%

Winner

EWJ

62.18%

Sharpe Ratio

Winner

IYW

2.24

EWJ

1.39

5Y Beta

IYW

1.42

Winner

EWJ

0.86

P/E Ratio

IYW

39.71

EWJ

N/A

Forward P/E

IYW

24.61

EWJ

N/A

5Y Dividends CAGR

IYW

-6.12%

Winner

EWJ

27.21%

5Y EPS CAGR

IYW

38.34%

EWJ

N/A

Debt to Equity

IYW

2.61%

EWJ

N/A

P/S Ratio

IYW

7.57

EWJ

N/A

P/B Ratio

IYW

10.31

EWJ

N/A

IYW vs EWJ - Historical Returns

Returns include dividend reinvestment.

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

Winner

IYW

+19.77%

EWJ

+4.20%

Winner

IYW

+24.30%

EWJ

-1.40%

Winner

IYW

+16.70%

EWJ

+13.29%

Winner

IYW

+52.92%

EWJ

+32.31%

5Y(CAGR)

Winner

IYW

+22.67%

EWJ

+9.71%

10Y(CAGR)

Winner

IYW

+25.68%

EWJ

+9.20%

Max(CAGR)

Winner

IYW

+9.27%

EWJ

+3.21%

IYW vs EWJ - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

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

IYW vs EWJ Drawdown Comparison

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

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

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

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

Correlation

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

0.93

-101

Dividend Comparison (1999 - 2026)

IYW vs EWJ dividend yield comparison.

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