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EWJ — iShares MSCI Japan ETF

Data as of 2026-09-29 · International · Countries · window 2016-09-29 → 2026-09-29 (10.0 years) · returns assume dividends reinvested, net of fund fees · Market Data from Tiingo.com

What the history says

EWJ
Total return+134.6%
Annualised (CAGR)+8.9%
Volatility (annualised)+13.7%
Sharpe (rf = 0)0.65
Deepest drawdown-33.1%
Drawdown peak → trough2021-09-15 → 2022-10-20
Fee (annual expense ratio)0.50%
Dividend yield (12m distributions)3.69% (as of 2026-09-29)

Over the 10.0 years to 2026-09-29 the fund returned +134.6% in total (+8.9% a year), with a deepest drawdown of -33.1% from 2021-09-15 to 2022-10-20. Its worst calendar year was 2022 (-17.7%), its best 2025 (+25.9%).

Every calendar year

Calendar-year returns (net of fees, dividends reinvested)
YearEWJ
2026+20.2%
2025+25.9%
2024+7.0%
2023+20.3%
2022-17.7%
2021+1.2%
2020+15.4%
2019+19.3%
2018-14.1%
2017+24.3%
2016-1.6%

Common questions

How much has EWJ returned over the last 10 years?

+134.6% in total, which works out to +8.9% a year over the 10 years to 2026-09-29. Both figures assume dividends were reinvested and the fund's own fees were already deducted, so they are what an investor would have kept — before tax.

What was EWJ's worst year?

2022 — its calendar-year return was -17.7% (net of fees, dividends reinvested). Its best year was 2025 (+25.9%).

How deep was EWJ's worst drawdown?

-33.1%, from a peak on 2021-09-15 to a trough on 2022-10-20. From that trough it took 503 days (about 16.5 months) to climb back to the earlier peak.

Does EWJ pay dividends?

Over the last 12 months it distributed 3.69% of its share price (as of 2026-09-29). That is a past distribution, not a promise of future income, and it is already counted in every return figure on this page.

What is EWJ's expense ratio?

0.50% a year, and it is already deducted from every return figure on this page. A fund charges it inside the fund rather than billing you, which is why fee differences show up as a smaller final balance, not as a line item.

What this page does not say

It does not say EWJ is a good or bad fund, and it is not a forecast. Returns above are history: they already include dividends and already exclude the fund's own fees. A drawdown of -33.1% means an investor who bought at the peak would have watched that much value disappear before it recovered — how long that takes is the part most tables leave out.

Run your own window, add fees or a second fund: open EWJ in the tool. History is shown as history, never sold as a forecast.

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