Data Source: from January 1997 to July 2022
Consolidated Returns as of 31 Jul 2022
Live Update: Aug 15 2022
Category: Stocks
ETF: iShares MSCI Japan ETF (EWJ)
ETF • LIVE PERFORMANCE (USD currency)
0.40%
1 Day
Aug 15 2022
1.98%
Current Month
August 2022

In the last 25 Years, the iShares MSCI Japan ETF (EWJ) ETF obtained a 1.44% compound annual return, with a 17.84% standard deviation.

In 2021, the ETF granted a 2.07% dividend yield. If you are interested in getting periodic income, please refer to the iShares MSCI Japan ETF (EWJ) ETF: Dividend Yield page.

The ETF is related to the following investment themes:

  • Asset Class: Equity
  • Size: Large Cap
  • Style: Blend
  • Region: Developed Asia Pacific
  • Country: Japan

Historical Returns as of Jul 31, 2022

Historical returns and stats of iShares MSCI Japan ETF (EWJ) ETF. Total Returns and Inflation Adjusted Returns are both mentioned.

ISHARES MSCI JAPAN ETF (EWJ) ETF
Consolidated returns as of 31 Jul 2022
Data Source: from January 1997 to July 2022
Swipe left to see all data
Period Return (%)
as of Jul 2022
Return (%)
Infl.Adj.
Standard
Deviation (%)
Max
Drawdown (%)
Months
Pos - Neg
1M
Jul 2022
6.28
6.30
0.00
1 - 0
3M
0.14
-2.28
-7.38
Jun 2022 - Jun 2022
2 - 1
6M
-11.52
-16.04
-16.75
Feb 2022 - Jun 2022
2 - 4
YTD
-15.32
-20.32
-20.33
Jan 2022 - Jun 2022
2 - 5
1Y
-14.39
-21.12
14.28
-23.05
Oct 2021 - Jun 2022
5 - 7
42% pos
3Y(*)
2.93
-1.89
14.79
-23.05
Oct 2021 - Jun 2022
18 - 18
50% pos
5Y(*)
2.23
-1.60
14.02
-23.05
Oct 2021 - Jun 2022
31 - 29
52% pos
10Y(*)
6.22
3.53
13.34
-23.05
Oct 2021 - Jun 2022
70 - 50
58% pos
15Y(*)
1.43
-0.93
15.74
-47.71
Aug 2007 - Feb 2009
101 - 79
56% pos
20Y(*)
4.27
1.70
15.63
-48.88
Mar 2007 - Feb 2009
135 - 105
56% pos
25Y(*)
1.44
-1.01
17.84
-57.84
Apr 2000 - Apr 2003
160 - 140
53% pos
MAX(*)
01 Jan 1997
1.67
-0.79
17.94
-57.84
Apr 2000 - Apr 2003
164 - 143
53% pos
(*) Returns over 1 year are annualized

US Inflation is updated to Jul 2022. Current inflation (annualized) is 1Y: 8.52% , 5Y: 3.89% , 10Y: 2.60%

Correlations as of Jul 31, 2022

Monthly correlations of iShares MSCI Japan ETF (EWJ) ETF vs the main Asset Classes, over different timeframes.

Columns are sortable (click on table header to sort).

ISHARES MSCI JAPAN ETF (EWJ) ETF
Monthly correlations as of 31 Jul 2022
Swipe left to see all data
Correlation vs EWJ
 
Asset Class 1 Year 5 Years 10 Years Since
Jan 1997
US Total Stock Market
VTI
0.71
0.80
0.70
0.65
US Large Cap
SPY
0.70
0.78
0.69
0.64
US Small Cap
IJR
0.84
0.77
0.63
0.57
US REITs
VNQ
0.51
0.52
0.44
0.40
US Technology
QQQ
0.67
0.72
0.65
0.55
Preferred Stocks
PFF
0.86
0.63
0.50
0.36
EAFE Stocks
EFA
0.79
0.87
0.82
0.78
World All Countries
VT
0.74
0.83
0.77
0.72
Emerging Markets
EEM
0.59
0.71
0.65
0.64
Europe
VGK
0.68
0.80
0.71
0.63
Pacific
VPL
0.92
0.95
0.93
0.95
Latin America
FLLA
0.47
0.51
0.46
0.53
US Total Bond Market
BND
0.77
0.22
0.14
0.07
Long Term Treasuries
TLT
0.45
-0.18
-0.15
-0.13
US Cash
BIL
0.00
-0.18
-0.15
-0.07
TIPS
TIP
0.69
0.31
0.23
0.15
Investment Grade Bonds
LQD
0.83
0.46
0.32
0.22
High Yield Bonds
HYG
0.92
0.69
0.61
0.48
International Bond Market
BNDX
0.67
0.25
0.17
0.14
Emerging Market Bonds
EMB
0.83
0.58
0.51
0.48
Gold
GLD
-0.05
-0.01
-0.13
0.12
Commodities
DBC
0.05
0.47
0.30
0.34

Capital Growth as of Jul 31, 2022

Capital growth, returns, stats are calculated assuming a reinvestment of dividends.

If you are interested in getting periodic income, please refer to the iShares MSCI Japan ETF (EWJ) ETF: Dividend Yield page.

An investment of 1000$, since August 1997, now would be worth 1430.93$, with a total return of 43.09% (1.44% annualized).

The Inflation Adjusted Capital now would be 775.17$, with a net total return of -22.48% (-1.01% annualized).
An investment of 1000$, since January 1997, now would be worth 1526.78$, with a total return of 52.68% (1.67% annualized).

The Inflation Adjusted Capital now would be 817.30$, with a net total return of -18.27% (-0.79% annualized).

Drawdowns

Worst drawdowns since August 1997.

Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months
-57.84% Apr 2000 Apr 2003 37 Apr 2017 168 205
-43.40% Aug 1997 Aug 1998 13 Sep 1999 13 26
-23.05% Oct 2021 Jun 2022 9 in progress 1 10
-18.62% Feb 2018 Mar 2020 26 Nov 2020 8 34
-6.90% Jan 2000 Feb 2000 2 Mar 2000 1 3
-1.61% Apr 2021 Apr 2021 1 May 2021 1 2
-1.42% Jun 2021 Jul 2021 2 Aug 2021 1 3
-0.84% Jan 2021 Jan 2021 1 Feb 2021 1 2
-0.09% Aug 2017 Aug 2017 1 Sep 2017 1 2

Worst drawdowns since January 1997.

Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months
-57.84% Apr 2000 Apr 2003 37 Apr 2017 168 205
-44.15% Jul 1997 Aug 1998 14 Oct 1999 14 28
-23.05% Oct 2021 Jun 2022 9 in progress 1 10
-18.62% Feb 2018 Mar 2020 26 Nov 2020 8 34
-11.96% Jan 1997 Mar 1997 3 May 1997 2 5
-6.90% Jan 2000 Feb 2000 2 Mar 2000 1 3
-1.61% Apr 2021 Apr 2021 1 May 2021 1 2
-1.42% Jun 2021 Jul 2021 2 Aug 2021 1 3
-0.84% Jan 2021 Jan 2021 1 Feb 2021 1 2
-0.09% Aug 2017 Aug 2017 1 Sep 2017 1 2

Rolling Returns ( more details)

iShares MSCI Japan ETF (EWJ) ETF: annualized rolling and average returns

Swipe left to see all data
Rolling
Period
Return (*) Negative
Periods
Average (%) Best (%) Worst (%)
1 Year
4.43 75.03
Oct 1998 - Sep 1999
-40.40
Mar 2008 - Feb 2009
41.22%
2 Years
3.92 35.98
Sep 1998 - Aug 2000
-29.00
Feb 2000 - Jan 2002
32.04%
3 Years
3.20 32.55
May 2003 - Apr 2006
-24.82
Apr 2000 - Mar 2003
27.21%
5 Years
2.78 16.28
May 2003 - Apr 2008
-9.10
Aug 1997 - Jul 2002
35.48%
7 Years
3.07 8.74
Nov 2012 - Oct 2019
-3.54
Aug 1997 - Jul 2004
20.98%
10 Years
2.74 8.06
Oct 2011 - Sep 2021
-3.73
Jan 2000 - Dec 2009
16.49%
15 Years
2.51 7.16
May 2003 - Apr 2018
-1.62
Aug 1997 - Jul 2012
10.94%
20 Years
2.75 5.41
Feb 2002 - Jan 2022
0.03
Apr 2000 - Mar 2020
0.00%
(*) Annualized rolling and average returns over full calendar month periods

If you need a deeper detail about rolling returns, please refer to the iShares MSCI Japan ETF (EWJ) ETF: Rolling Returns page.

Seasonality

iShares MSCI Japan ETF (EWJ) ETF: in which months is it better to invest?

Both the Average Return and the Gain Frequency (Win %) are useful to get an idea of what happened in the past.

For further information about the seasonality, check the Asset Class Seasonality page.
Swipe left to see all data
Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Win %
-0.77
50%
-0.06
62%
0.91
54%
1.11
58%
-0.13
50%
0.88
54%
-0.38
46%
-0.74
40%
0.51
56%
0.15
48%
0.33
64%
1.48
60%
Best
Year
12.0
1998
7.5
2015
13.6
1999
9.6
2001
10.1
2009
10.5
1999
7.5
1999
9.2
2003
9.7
2013
21.1
1998
10.6
2020
11.6
2008
Worst
Year
-12.0
2009
-12.6
2009
-11.2
1998
-8.1
2022
-8.7
2012
-7.5
2008
-11.1
2000
-16.4
1998
-8.1
2001
-15.6
2008
-7.4
2000
-8.0
2001
Statistics calculated for the period Jan 1997 - Jul 2022

Monthly/Yearly Returns

iShares MSCI Japan ETF (EWJ) ETF monthly and yearly returns: how is the distribution of the returns recorded so far?

MONTHLY RETURNS HISTOGRAM
164 Positive Months (53%) - 143 Negative Months (47%)
Jan 1997 - Jul 2022
Swipe left to see all data
Yearly Return(%)
Monthly Return(%)
Year Total Infl.Adj Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2022
-15.32 -20.32 -4.3 -1.8 -2.1 -8.1 1.7 -7.4 6.3
2021
+1.17 -5.49 -0.8 1.8 0.4 -1.6 1.7 -0.8 -0.6 1.9 2.7 -2.6 -3.0 2.3
2020
+15.41 +13.86 -2.5 -8.3 -6.7 4.8 7.1 -0.1 -1.1 6.8 1.8 -1.4 10.6 5.3
2019
+19.33 +16.66 7.1 0.1 0.7 1.3 -4.9 4.5 -0.4 -0.8 5.2 3.4 1.3 0.9
2018
-14.10 -15.71 5.0 -3.0 -0.6 -0.1 -1.5 -2.3 1.1 -0.5 3.5 -8.9 0.9 -7.7
2017
+24.27 +21.71 3.5 1.3 0.5 0.7 2.8 1.3 2.1 -0.1 1.8 5.3 2.1 0.7
2016
+2.78 +0.69 -5.1 -5.3 4.8 0.1 3.2 -1.7 4.9 1.8 2.1 0.7 -1.2 -0.9
2015
+9.17 +8.38 2.2 7.5 1.5 2.6 1.5 -1.3 0.9 -6.3 -5.8 7.9 0.5 -1.4
2014
-6.24 -6.94 -6.7 2.5 -2.4 -2.2 4.5 4.7 -0.3 -1.7 -0.3 2.5 -3.6 -2.7
2013
+25.97 +24.10 2.3 2.4 5.8 8.3 -7.4 3.9 0.0 -3.1 9.7 -0.1 1.3 1.4
2012
+9.22 +7.35 4.8 4.6 1.9 -4.3 -8.7 6.9 -4.5 0.8 1.2 -1.2 3.0 5.6
2011
-14.78 -17.23 0.2 5.5 -10.5 2.0 -2.5 2.4 2.7 -8.0 -4.0 -0.6 0.3 -2.3
2010
+13.59 +11.92 1.0 1.0 5.0 -0.5 -8.5 -2.6 4.7 -2.6 5.4 1.3 2.5 7.0
2009
+3.13 +0.40 -12.0 -12.6 7.2 7.7 10.1 1.2 4.7 3.5 -2.7 -3.9 0.1 2.8
2008
-26.96 -27.03 -4.3 -1.5 -1.3 7.4 2.0 -7.5 -3.8 -4.9 -6.6 -15.6 -3.8 11.6
2007
-5.50 -9.21 0.7 3.1 -1.3 -2.0 2.2 -0.6 -0.6 -2.5 1.9 0.1 -2.0 -4.6
2006
+5.85 +3.22 3.7 -1.6 4.3 2.8 -5.4 -2.6 -0.5 1.0 -1.2 2.0 0.0 3.6
2005
+24.34 +20.23 -3.0 2.1 -3.0 -2.3 -1.3 0.2 1.1 8.6 9.5 -0.7 2.9 9.0
2004
+13.74 +10.15 0.2 0.5 11.9 -6.7 -1.5 6.3 -7.3 1.4 -2.8 2.4 3.8 6.3
2003
+38.73 +36.18 -2.6 1.0 -5.6 -0.8 5.9 7.1 4.5 9.2 5.5 5.5 -3.0 7.6
2002
-9.86 -11.95 -7.4 4.6 9.0 3.7 6.2 -5.9 -6.8 -0.6 -6.1 -5.7 3.6 -2.9
2001
-30.31 -31.37 -0.6 -4.3 -2.8 9.6 -2.9 -6.1 -8.1 -2.8 -8.1 -0.1 -0.1 -8.0
2000
-26.39 -28.81 -5.7 -1.2 8.6 -7.6 -5.7 5.7 -11.1 6.6 -4.9 -4.2 -7.4 -1.0
1999
+60.88 +56.67 2.4 -3.6 13.6 4.3 -5.7 10.5 7.5 -0.1 4.2 6.3 3.0 7.7
1998
+4.03 +2.38 12.0 1.1 -11.2 3.8 -6.1 1.3 -3.8 -16.4 1.6 21.1 3.2 2.6
1997
-24.36 -25.63 -10.0 2.1 -4.2 6.0 9.7 5.6 -1.3 -9.8 -1.0 -9.5 -6.7 -5.9
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