iShares MSCI Japan ETF (EWJ): Rolling Returns

Data Source: from January 1985 to June 2024 (~40 years)
Consolidated Returns as of 30 June 2024

Holding the iShares MSCI Japan ETF (EWJ) ETF, how long should you stay invested to have high probability to obtain a positive return?

Considering all the available data source (~40 years), the longest period with a negative return lasted 374 months (from February 1989 to March 2020).

This means that every rolling period of 375 months or above has always granted a positive return.

To obtain comprehensive information, please consult the iShares MSCI Japan ETF (EWJ) ETF: Historical Returns page.

Previous vs subsequent Returns

Considering all 10-year rolling periods, is there a relationship between past and future returns, at a given date?

In the following chart, we show how past returns (x-axis) and subsequent returns (y-axis) are related.

Neighboring data is aggregated and occurrences are indicated. It is possible to zoom by clicking or drawing the desired area

ISHARES MSCI JAPAN ETF (EWJ) ETF
Previous vs Next Returns - 10 Years annualized
Updated to June 2024

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The annualized return of the last 10 years has been 5.22% (updated at Jun 30, 2024).

Rolling Returns

A rolling return is a measure of investment performance that calculates the return of an investment over a set period of time, with the starting date rolling forward. This approach can provide a more accurate representation of the investment's historical performance and helps investors to evaluate the investment's consistency over time.

ISHARES MSCI JAPAN ETF (EWJ) ETF
Annualized Rolling Returns
Annualized Rolling Returns - Inflation Adjusted
Data Source: 1 July 1994 - 30 June 2024 (30 Years)
Data Source: 1 January 1985 - 30 June 2024 (~40 years)
Inflation Adjusted:

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Annualized Rolling Returns - 1 Year (12 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +5.60% +76.80%
Aug 1985 - Jul 1986
-40.40%
Mar 2008 - Feb 2009
39.96%
185 out of 463
US Inflation Adjusted +2.79% +73.89%
Aug 1985 - Jul 1986
-40.41%
Mar 2008 - Feb 2009
44.28%
205 out of 463
1 Year Annualized Rolling Returns
Timeframes ending in every month

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1 Year Annualized Rolling Returns
Annualized Rolling Return Distribution

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Annualized Rolling Returns - 2 Years (24 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +3.02% +50.06%
Sep 1985 - Aug 1987
-29.00%
Feb 2000 - Jan 2002
41.24%
186 out of 451
US Inflation Adjusted +1.18% +46.17%
May 1985 - Apr 1987
-30.70%
Feb 2000 - Jan 2002
47.23%
213 out of 451
2 Years Annualized Rolling Returns
Timeframes ending in every month

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2 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

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Annualized Rolling Returns - 3 Years (36 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +3.18% +42.38%
May 1985 - Apr 1988
-24.82%
Apr 2000 - Mar 2003
33.71%
148 out of 439
US Inflation Adjusted +0.77% +38.13%
May 1985 - Apr 1988
-26.62%
Apr 2000 - Mar 2003
46.70%
205 out of 439
3 Years Annualized Rolling Returns
Timeframes ending in every month

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3 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

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Annualized Rolling Returns - 4 Years (48 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +3.17% +36.81%
Feb 1985 - Jan 1989
-14.70%
Sep 1994 - Aug 1998
38.41%
164 out of 427
US Inflation Adjusted -0.08% +32.20%
Feb 1985 - Jan 1989
-17.67%
Feb 1989 - Jan 1993
50.35%
215 out of 427
4 Years Annualized Rolling Returns
Timeframes ending in every month

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4 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

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Annualized Rolling Returns - 5 Years (60 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +1.37% +26.96%
Feb 1985 - Jan 1990
-11.19%
Sep 1993 - Aug 1998
42.41%
176 out of 415
US Inflation Adjusted -1.23% +22.29%
Feb 1985 - Jan 1990
-13.31%
Sep 1993 - Aug 1998
54.94%
228 out of 415
5 Years Annualized Rolling Returns
Timeframes ending in every month

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5 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

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Annualized Rolling Returns - 6 Years (72 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +1.72% +20.30%
Mar 1985 - Feb 1991
-9.25%
Jun 1997 - May 2003
34.49%
139 out of 403
US Inflation Adjusted -1.14% +15.63%
Mar 1985 - Feb 1991
-11.26%
Jun 1997 - May 2003
58.31%
235 out of 403
6 Years Annualized Rolling Returns
Timeframes ending in every month

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6 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

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Annualized Rolling Returns - 7 Years (84 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +2.41% +15.58%
Feb 1985 - Jan 1992
-9.30%
May 1996 - Apr 2003
34.27%
134 out of 391
US Inflation Adjusted -0.26% +11.23%
Feb 1985 - Jan 1992
-11.35%
May 1996 - Apr 2003
51.41%
201 out of 391
7 Years Annualized Rolling Returns
Timeframes ending in every month

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7 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

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Annualized Rolling Returns - 8 Years (96 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +1.87% +12.88%
Aug 1985 - Jul 1993
-8.17%
Nov 1994 - Oct 2002
37.73%
143 out of 379
US Inflation Adjusted -0.73% +8.80%
Aug 1985 - Jul 1993
-10.35%
Nov 1994 - Oct 2002
53.56%
203 out of 379
8 Years Annualized Rolling Returns
Timeframes ending in every month

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8 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

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Annualized Rolling Returns - 9 Years (108 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +1.88% +13.29%
Mar 1985 - Feb 1994
-7.99%
May 1994 - Apr 2003
33.79%
124 out of 367
US Inflation Adjusted -0.74% +9.31%
Mar 1985 - Feb 1994
-10.70%
Oct 1989 - Sep 1998
56.68%
208 out of 367
9 Years Annualized Rolling Returns
Timeframes ending in every month

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9 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

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Annualized Rolling Returns - 10 Years (120 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +1.97% +11.15%
Jan 1985 - Dec 1994
-6.04%
May 1993 - Apr 2003
32.68%
116 out of 355
US Inflation Adjusted -0.57% +7.30%
Jan 1985 - Dec 1994
-8.50%
Sep 1988 - Aug 1998
56.34%
200 out of 355
10 Years Annualized Rolling Returns
Timeframes ending in every month

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10 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

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Annualized Rolling Returns - 11 Years (132 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +1.69% +9.27%
May 1985 - Apr 1996
-5.66%
Nov 1991 - Oct 2002
33.24%
114 out of 343
US Inflation Adjusted -0.65% +5.58%
May 1985 - Apr 1996
-8.01%
Nov 1991 - Oct 2002
59.77%
205 out of 343
11 Years Annualized Rolling Returns
Timeframes ending in every month

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11 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

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Annualized Rolling Returns - 12 Years (144 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +1.48% +8.92%
Mar 2009 - Feb 2021
-5.96%
May 1991 - Apr 2003
28.10%
93 out of 331
US Inflation Adjusted -0.79% +6.99%
Mar 2009 - Feb 2021
-8.32%
May 1991 - Apr 2003
59.21%
196 out of 331
12 Years Annualized Rolling Returns
Timeframes ending in every month

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12 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

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Annualized Rolling Returns - 13 Years (156 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +1.51% +7.71%
Mar 2009 - Feb 2022
-5.73%
Feb 1989 - Jan 2002
28.53%
91 out of 319
US Inflation Adjusted -0.83% +5.32%
Mar 2009 - Feb 2022
-8.46%
Feb 1989 - Jan 2002
58.93%
188 out of 319
13 Years Annualized Rolling Returns
Timeframes ending in every month

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13 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

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Annualized Rolling Returns - 14 Years (168 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +1.45% +7.05%
Jan 1986 - Dec 1999
-5.89%
May 1989 - Apr 2003
33.88%
104 out of 307
US Inflation Adjusted -0.98% +4.24%
May 2003 - Apr 2017
-8.53%
May 1989 - Apr 2003
57.33%
176 out of 307
14 Years Annualized Rolling Returns
Timeframes ending in every month

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14 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

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Annualized Rolling Returns - 15 Years (180 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +1.23% +8.46%
Jan 1985 - Dec 1999
-4.99%
May 1988 - Apr 2003
33.56%
99 out of 295
US Inflation Adjusted -1.11% +5.12%
Jan 1985 - Dec 1999
-7.78%
May 1988 - Apr 2003
62.71%
185 out of 295
15 Years Annualized Rolling Returns
Timeframes ending in every month

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15 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

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Annualized Rolling Returns - 16 Years (192 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +1.10% +6.23%
Feb 2002 - Jan 2018
-3.19%
May 1987 - Apr 2003
33.92%
96 out of 283
US Inflation Adjusted -1.40% +4.03%
May 2003 - Apr 2019
-6.09%
May 1987 - Apr 2003
69.61%
197 out of 283
16 Years Annualized Rolling Returns
Timeframes ending in every month

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16 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

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Annualized Rolling Returns - 17 Years (204 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +0.92% +5.88%
Feb 2003 - Jan 2020
-2.30%
Mar 1992 - Feb 2009
30.26%
82 out of 271
US Inflation Adjusted -1.57% +3.72%
Feb 2003 - Jan 2020
-4.73%
Mar 1992 - Feb 2009
70.11%
190 out of 271
17 Years Annualized Rolling Returns
Timeframes ending in every month

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17 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

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Annualized Rolling Returns - 18 Years (216 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +1.28% +6.90%
Apr 2003 - Mar 2021
-3.03%
Mar 1991 - Feb 2009
24.71%
64 out of 259
US Inflation Adjusted -1.16% +4.75%
Apr 2003 - Mar 2021
-5.45%
Mar 1991 - Feb 2009
69.88%
181 out of 259
18 Years Annualized Rolling Returns
Timeframes ending in every month

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18 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

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Annualized Rolling Returns - 19 Years (228 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +1.19% +6.18%
Nov 2002 - Oct 2021
-2.93%
Mar 1990 - Feb 2009
23.48%
58 out of 247
US Inflation Adjusted -1.16% +3.84%
Nov 2002 - Oct 2021
-5.49%
Mar 1990 - Feb 2009
64.78%
160 out of 247
19 Years Annualized Rolling Returns
Timeframes ending in every month

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19 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

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Annualized Rolling Returns - 20 Years (240 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +1.42% +5.59%
May 2003 - Apr 2023
-3.39%
Mar 1989 - Feb 2009
24.68%
58 out of 235
US Inflation Adjusted -0.92% +3.00%
Feb 2002 - Jan 2022
-6.06%
Mar 1989 - Feb 2009
65.11%
153 out of 235
20 Years Annualized Rolling Returns
Timeframes ending in every month

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20 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

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To obtain comprehensive information, please consult the iShares MSCI Japan ETF (EWJ) ETF: Historical Returns page.