All charts and data below are CPI-U inflation-adjusted and with dividends reinvested. (Why?)

Total Real Returns

EWJ: Total Real Return Chart (Dividends Reinvested, Inflation Adjusted)

EWJ real return snapshot: after CPI-U inflation, EWJ returned +25.15% over the past year and +11.76% YTD, with dividends reinvested. Since Mar. 18, 1996, EWJ is up +11.89% in real purchasing-power return, or +0.37%/yr, and is currently −4.06% below its real total-return high on Jun. 22, 2026.

Data ending Thu Jul. 2, 2026

Mon 1996-03-18💬 to Thu 2026-07-02 YTD
Return 		1 Year
Return
EWJ × 		+11.76%
2026-07-02 		+25.15%
2026-07-02
iShares MSCI Japan ETF Exchange-Traded Fund

Returns

Mon 1996-03-18💬 to Thu 2026-07-02 Overall
Return 		Exponential
Trendline
EWJ × 		+11.89%
+0.37%/yr 		+0.64%/yr
(R2=0.070)
iShares MSCI Japan ETF Exchange-Traded Fund

Growth of $10,000

Mon 1996-03-18💬 to Thu 2026-07-02 Start
Value 		End
Value
EWJ × 		$10,000.00
1996-03-18 		$11,188.61
2026-07-02
iShares MSCI Japan ETF Exchange-Traded Fund

Annual Returns

Year EWJ
2026 (YTD) +11.76%
2025 +22.56%
2024 +4.04%
2023 +16.39%
2022 −22.72%
2021 −5.50%
2020 +13.85%
2019 +16.67%
2018 −15.71%
2017 +21.69%
2016 +0.68%
2015 +8.37%
2014 −6.92%
2013 +24.12%
2012 +7.36%
2011 −17.21%
2010 +11.92%
2009 +0.41%
2008 −27.04%
2007 −9.22%
2006 +3.26%
2005 +20.21%
2004 +10.15%
2003 +36.17%
2002 −11.95%
2001 −31.37%
2000 −28.70%
1999 +56.66%
1998 +2.38%
1997 −25.64%
1996 −15.05%

Drawdowns

Mon 1996-03-18💬 to Thu 2026-07-02 Current
Drawdown 		Worst
Drawdown
EWJ × 		−4.06%
from 2026-06-22 peak 		−64.92%
2009-03-09
from 1996-04-24 peak
iShares MSCI Japan ETF Exchange-Traded Fund

Rolling Returns

Period ending Thu 2026-07-02 1
Year 		2
Years 		3
Years 		5
Years 		10
Years
EWJ × 		+25.15% +34.96%
+16.17%/yr 		+48.92%
+14.20%/yr 		+24.83%
+4.54%/yr 		+77.37%
+5.90%/yr
iShares MSCI Japan ETF Exchange-Traded Fund