SHV vs EWJ

Comparison between iShares 0-1 Year Treasury Bond ETF (SHV, ETF) and ISHARES MSCI JAPAN ETF (EWJ, ETF).

5-Year PerformanceEWJ has outperformed SHV, delivering a return of +9.7% compared to +3.3%

SHV vs EWJ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SHV(ETF)	EWJ(ETF)
Net Assets	$21B	$21B
Expense Ratio	0.15%	0.49%
Max Drawdown	1.20%	62.18%
Sharpe Ratio	1.25	1.39
5Y Beta	-0.00	0.86
5Y Dividends CAGR	65.56%	27.21%

Net Assets

SHV

$21B

Winner

EWJ

$21B

Expense Ratio

Winner

SHV

0.15%

EWJ

0.49%

Max Drawdown

Winner

SHV

1.20%

EWJ

62.18%

Sharpe Ratio

SHV

1.25

Winner

EWJ

1.39

5Y Beta

Winner

SHV

-0.00

EWJ

0.86

5Y Dividends CAGR

Winner

SHV

65.56%

EWJ

27.21%

SHV vs EWJ - Historical Returns

Returns include dividend reinvestment.

Period	SHV	EWJ
1 month	+0.29%	+4.20%
3 months	+0.84%	-1.40%
6 months	+1.78%	+13.29%
1 year	+3.94%	+32.31%
5 years(CAGR)	+3.27%	+9.71%
10 years(CAGR)	+2.20%	+9.20%
Max(CAGR)	+1.57%	+3.21%

SHV

+0.29%

Winner

EWJ

+4.20%

Winner

SHV

+0.84%

EWJ

-1.40%

SHV

+1.78%

Winner

EWJ

+13.29%

SHV

+3.94%

Winner

EWJ

+32.31%

5Y(CAGR)

SHV

+3.27%

Winner

EWJ

+9.71%

10Y(CAGR)

SHV

+2.20%

Winner

EWJ

+9.20%

Max(CAGR)

SHV

+1.57%

Winner

EWJ

+3.21%

SHV vs EWJ - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	SHV	EWJ
2026	+1.20%	+13.19%
2025	+4.19%	+26.06%
2024	+5.13%	+8.03%
2023	+5.02%	+19.75%
2022	+0.95%	-17.81%
2021	-0.09%	+2.38%
2020	+0.79%	+14.21%
2019	+2.35%	+18.51%
2018	+1.73%	-14.61%
2017	+0.64%	+23.26%
2016	+0.41%	+4.41%
2015	+0.02%	+8.97%
2014	+0.02%	-4.66%
2013	+0.01%	+22.93%
2012	+0.05%	+7.10%
2011	+0.07%	-15.57%
2010	+0.12%	+10.75%
2009	+0.32%	+2.60%
2008	+2.73%	-26.64%
2007	+4.99%	-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%

SHV vs EWJ Drawdown Comparison

The maximum drawdown for SHV was -0.45%, occurring on Jun 14, 2022. Recovery took 631 trading sessions.

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

The current EWJ drawdown is -2.03%.

Rank	SHV	EWJ
#1	-0.45% Apr 7, 2020 - Oct 7, 2022	-60.95% Mar 31, 2000 - Jun 2, 2017
#2	-0.36% Oct 10, 2008 - Oct 15, 2008	-33.13% Sep 15, 2021 - Mar 6, 2024
#3	-0.29% Oct 15, 2008 - Nov 6, 2008	-30.69% Jan 26, 2018 - Nov 9, 2020
#4	-0.25% Sep 17, 2008 - Oct 2, 2008	-14.67% Sep 26, 2024 - Apr 29, 2025
#5	-0.23% Dec 29, 2008 - Apr 15, 2009	-13.59% Feb 11, 2026 - Mar 20, 2026
#6	-0.19% Aug 22, 2007 - Sep 5, 2007	-13.00% Dec 31, 1999 - Mar 31, 2000
#7	-0.17% Mar 20, 2008 - May 1, 2008	-12.21% Jul 16, 2024 - Aug 23, 2024
#8	-0.14% Oct 2, 2008 - Oct 10, 2008	-8.95% Feb 16, 2021 - Sep 3, 2021
#9	-0.13% Jun 1, 2009 - Jul 8, 2009	-7.43% Mar 21, 2024 - Jul 12, 2024
#10	-0.12% Oct 2, 2015 - Jan 19, 2016	-5.90% Oct 6, 2025 - Oct 20, 2025
#11	-0.11% Feb 24, 2017 - Apr 13, 2017	-5.75% Nov 12, 2025 - Dec 15, 2025
#12	-0.10% Apr 29, 2009 - May 28, 2009	-5.39% Aug 30, 2024 - Sep 26, 2024
#13	-0.09% Dec 12, 2008 - Dec 29, 2008	-5.14% Nov 26, 1999 - Dec 23, 1999
#14	-0.08% Dec 11, 2007 - Dec 19, 2007	-4.77% Jun 27, 2025 - Jul 23, 2025
#15	-0.08% Nov 4, 2016 - Dec 19, 2016	-4.19% Jan 14, 2021 - Feb 8, 2021

Correlation

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

0.88

-101

Dividend Comparison (1999 - 2026)

SHV vs EWJ dividend yield comparison.

Year	SHV	EWJ
2026	1.18%	0.00%
2025	4.09%	4.52%
2024	5.02%	2.34%
2023	4.73%	2.03%
2022	1.39%	1.23%
2021	0.00%	2.08%
2020	0.74%	1.04%
2019	2.19%	2.03%
2018	1.66%	1.71%
2017	0.72%	1.25%
2016	0.34%	1.95%
2015	0.03%	1.27%
2014	0.00%	1.32%
2013	0.00%	1.11%
2012	0.01%	1.94%
2011	0.07%	2.13%
2010	0.08%	1.30%
2009	0.34%	1.42%
2008	2.08%	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%