JPXN vs MSSS

Comparison between ISHARES JPX-NIKKEI 400 ETF (JPXN, ETF) and MONARCH SELECT SUBSECTOR INDEX ETF (MSSS, ETF).

JPXN vs MSSS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	JPXN(ETF)	MSSS(ETF)
Net Assets	$136M	$135M
Expense Ratio	0.48%	1.43%
Max Drawdown	56.49%	19.35%
Sharpe Ratio	1.24	1.24
5Y Beta	0.81	0.82
5Y Dividends CAGR	17.12%	N/A

Net Assets

Winner

JPXN

$136M

MSSS

$135M

Expense Ratio

Winner

JPXN

0.48%

MSSS

1.43%

Max Drawdown

JPXN

56.49%

Winner

MSSS

19.35%

Sharpe Ratio

JPXN

1.24

Winner

MSSS

1.24

5Y Beta

Winner

JPXN

0.81

MSSS

0.82

5Y Dividends CAGR

JPXN

17.12%

MSSS

N/A

JPXN vs MSSS - Historical Returns

Returns include dividend reinvestment.

Period	JPXN	MSSS
1 month	-1.27%	+4.41%
3 months	+8.63%	+14.04%
6 months	+13.63%	+14.37%
1 year	+28.45%	+21.47%
5 years(CAGR)	+8.46%	N/A
10 years(CAGR)	+9.27%	N/A
Max(CAGR)	+5.37%	+15.60%

JPXN

-1.27%

Winner

MSSS

+4.41%

JPXN

+8.63%

Winner

MSSS

+14.04%

JPXN

+13.63%

Winner

MSSS

+14.37%

Winner

JPXN

+28.45%

MSSS

+21.47%

5Y(CAGR)

JPXN

+8.46%

MSSS

N/A

10Y(CAGR)

JPXN

+9.27%

MSSS

N/A

Max(CAGR)

JPXN

+5.37%

Winner

MSSS

+15.60%

JPXN vs MSSS - Annual Returns (2001 - 2026)

Returns include dividend reinvestment.

Year	JPXN	MSSS
2026	+13.28%	+14.79%
2025	+26.24%	+10.07%
2024	+7.51%	+9.26%
2023	+19.38%	N/A
2022	-16.26%	N/A
2021	+1.29%	N/A
2020	+13.93%	N/A
2019	+18.54%	N/A
2018	-15.31%	N/A
2017	+24.39%	N/A
2016	+4.90%	N/A
2015	+10.41%	N/A
2014	-5.18%	N/A
2013	+21.40%	N/A
2012	+9.44%	N/A
2011	-17.23%	N/A
2010	+11.09%	N/A
2009	+2.75%	N/A
2008	-27.57%	N/A
2007	-6.43%	N/A
2006	+5.08%	N/A
2005	+24.52%	N/A
2004	+11.06%	N/A
2003	+35.19%	N/A
2002	-9.93%	N/A
2001	-10.01%	N/A

JPXN vs MSSS Drawdown Comparison

The maximum drawdown for JPXN was -55.53%, occurring on Mar 9, 2009. Recovery took 2783 trading sessions.

The maximum drawdown for MSSS was -19.14%, occurring on Apr 8, 2025. Recovery took 174 trading sessions.

The current JPXN drawdown is -2.34%.

Rank	JPXN	MSSS
#1	-55.53% May 9, 2006 - May 30, 2017	-19.14% Nov 29, 2024 - Aug 13, 2025
#2	-33.49% May 24, 2002 - Oct 3, 2003	-10.18% Feb 26, 2026 - Apr 17, 2026
#3	-33.20% Sep 15, 2021 - Mar 6, 2024	-7.72% Mar 28, 2024 - Jul 11, 2024
#4	-31.62% Jan 26, 2018 - Nov 9, 2020	-5.84% Oct 3, 2025 - Jan 9, 2026
#5	-19.95% Oct 26, 2001 - Mar 7, 2002	-5.08% Oct 18, 2024 - Nov 25, 2024
#6	-19.35% Apr 5, 2004 - Sep 1, 2005	-4.13% Jul 30, 2024 - Aug 19, 2024
#7	-13.95% Sep 26, 2024 - May 5, 2025	-3.43% Jan 15, 2026 - Feb 17, 2026
#8	-13.11% Feb 11, 2026 - Mar 20, 2026	-2.67% Sep 11, 2025 - Oct 3, 2025
#9	-11.60% Jul 16, 2024 - Aug 23, 2024	-2.40% Sep 30, 2024 - Oct 16, 2024
#10	-10.81% Oct 21, 2003 - Jan 2, 2004	-2.04% Aug 30, 2024 - Sep 13, 2024
#11	-9.79% Mar 11, 2002 - May 17, 2002	-1.83% Apr 20, 2026 - May 1, 2026
#12	-8.85% Feb 17, 2021 - Sep 3, 2021	-1.65% Mar 7, 2024 - Mar 21, 2024
#13	-7.46% Jan 9, 2006 - Mar 20, 2006	-1.49% Jun 4, 2026 - Jun 11, 2026
#14	-6.96% Mar 21, 2024 - Jul 10, 2024	-1.41% Jul 16, 2024 - Jul 26, 2024
#15	-6.89% Sep 29, 2005 - Nov 7, 2005	-1.40% Feb 20, 2026 - Feb 26, 2026

Correlation

Correlation between JPXN and MSSS is 0.88 which considered as a strong positive correlation - the stocks tend to move together.

0.88

-101

Dividend Comparison (2002 - 2026)

JPXN vs MSSS dividend yield comparison.

Year	JPXN	MSSS
2026	0.00%	0.15%
2025	3.14%	0.21%
2024	2.29%	0.42%
2023	2.57%	0.00%
2022	1.47%	0.00%
2021	2.63%	0.00%
2020	1.27%	0.00%
2019	1.92%	0.00%
2018	1.60%	0.00%
2017	1.50%	0.00%
2016	2.07%	0.00%
2015	1.32%	0.00%
2014	1.42%	0.00%
2013	1.18%	0.00%
2012	2.04%	0.00%
2011	2.45%	0.00%
2010	1.50%	0.00%
2009	1.26%	0.00%
2008	1.47%	0.00%
2007	0.51%	0.00%
2006	0.30%	0.00%
2005	0.16%	0.00%
2004	0.18%	0.00%
2003	0.25%	0.00%
2002	0.56%	0.00%