iShares MSCI Japan Value (EWJV) Performance
EWJV total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +19.4% since Dec 31, 2025
- 1 year
- +26.3% total return
- 5 years
- +15.0% a year
- Since first price
- +12.6% a year since 2019
EWJV trailing returns vs SPY, QQQ, AGG
| Period | EWJV total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −3.6% | −3.6% | −1.0% | −5.0% | +0.9% |
| 3 months | +2.6% | +2.6% | +3.2% | +1.9% | −0.4% |
| 6 months | +12.1% | +10.9% | +7.8% | +8.4% | −1.5% |
| YTD | +19.4% | +18.1% | +12.3% | +15.1% | −1.0% |
| 1 year | +26.3% | +19.8% | +14.4% | +15.9% | −1.1% |
| 3 years | +94.2%+24.8%/yr | +71.5% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +100.7%+15.0%/yr | +67.6% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionMar 7, 2019 | +147.4%+12.6%/yr | +91.8% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: EWJV vs SPY
From Mar 7, 2019: EWJV grew to $24,738, SPY to $30,968.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
EWJV returns by calendar year
5 of 6 full years positive. Best 2025 (+34.0%), worst 2022 (−6.0%). 2026 is year to date.
EWJV annual returns table
| Year | EWJV | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +19.4% | −14.7% | +12.3% | +15.1% | −1.0% |
| 2025 | +34.0% | −14.6% | +17.7% | +20.8% | +7.2% |
| 2024 | +11.6% | −12.0% | +24.9% | +25.6% | +1.3% |
| 2023 | +23.6% | −10.3% | +26.2% | +54.9% | +5.7% |
| 2022 | −6.0% | −23.3% | −18.2% | −32.6% | −13.0% |
| 2021 | +5.5% | −10.8% | +28.7% | +27.4% | −1.8% |
| 2020 | +2.4% | −29.5% | +18.3% | +48.6% | +7.5% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
EWJV largest drawdowns
Now 6.4% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Dec 16, 2019 | −30.0% | Mar 16, 2020 | Dec 15, 2020 | 3 months | 1.0 years |
| Sep 16, 2021 | −25.4% | Oct 19, 2022 | Jul 19, 2023 | 1.1 years | 1.8 years |
| Feb 13, 2026 | −14.7% | Mar 20, 2026 | Aug 6, 2026 | 35 days | 6 months |
| Mar 25, 2025 | −14.6% | Apr 7, 2025 | May 23, 2025 | 13 days | 59 days |
| Jul 31, 2024 | −12.0% | Aug 6, 2024 | Sep 26, 2024 | 6 days | 57 days |
| Sep 19, 2023 | −10.3% | Oct 4, 2023 | Jan 8, 2024 | 15 days | 4 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
EWJV risk statistics
| Statistic | 3 years | 5 years | Since 2019 |
|---|---|---|---|
| Annualized return | +24.4% | +15.1% | +13.0% |
| Volatility (annualized) | 12.2% | 13.9% | 14.5% |
| Sharpe ratio | 1.50 | 0.83 | 0.74 |
| Sortino ratio | 2.81 | 1.39 | 1.20 |
| Best month | +9.0% | +11.4% | +11.4% |
| Worst month | −7.6% | −8.6% | −11.1% |
| Best 12 months | +48.1% | +48.1% | +48.1% |
| Worst 12 months | +4.2% | −22.3% | −22.3% |
| Positive months | 72% | 65% | 61% |
| Beta vs S&P 500 | 0.35 | 0.49 | — |
| Correlation with S&P 500 | 0.36 | 0.55 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
EWJV rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 80 | −22.3% | +17.9% | +48.1% | 74% |
| 3-year (a year) | 56 | −2.4% | +9.5% | +28.0% | 96% |
| 5-year (a year) | 32 | +7.0% | +13.0% | +15.5% | 100% |
Every holding period starting at a month-end since 2019. Returns for 3 years and longer are annualized.
EWJV performance overview
iShares MSCI Japan Value (EWJV) returned +26.3% over the past year and +15.0% a year over five years, with distributions reinvested. Since its first recorded price in 2019 it has returned +12.6% a year, turning $10,000 into about $24,738. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −30.0%, from Dec 16, 2019 to Mar 16, 2020, and it took 9 months to get back to the old high. EWJV finished 5 of its 6 full calendar years with a gain; the best year was 2025 (+34.0%) and the worst 2022 (−6.0%). Volatility has been 14.5% a year.
Related: EWJV chart, EWJV holdings, EWJV dividends. See the EWJV overview for the latest quote and fund facts.
EWJV performance FAQ
What is the EWJV return over the past year?
EWJV returned +26.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 19.8%.
What is the average annual return of EWJV?
EWJV has returned +15.0% a year over 5 years, +12.6% a year since March 7, 2019 (total return, distributions reinvested).
How much would $10,000 invested in EWJV be worth?
$10,000 invested in EWJV at its first recorded close on March 7, 2019 would be worth about $24,738 on October 23, 2026 with distributions reinvested.
What was the worst year for EWJV?
The worst calendar year was 2022, with a total return of −6.0%. The best was 2025 at +34.0%.
What is the biggest drawdown of EWJV?
The largest peak-to-trough decline was −30.0% between December 16, 2019 and March 16, 2020. It recovered to the old high on December 15, 2020, 9 months after the bottom.
How volatile is EWJV?
Over the past 3 years EWJV had an annualized volatility of 12.2% and a Sharpe ratio of 1.50 (excess return over 1–3 month T-bills per unit of risk).