SCJ Performance — iShares MSCI Japan Small-Cap ETF
Data updated: 2026-07-27
SCJ returned +16.30% year to date and +32.85% over one year to May 2026. Annualised returns are +19.48% over 3 years and +8.07% over 5 years. The fund trailed its Japan Equity category average: $100 invested three years ago grew to $171, against $184 for the category, and to $133 over one year, against $134. Volatility over the past three years was 14.10% a year. In the 12 months to May 2026 the fund took in a net $79.8M, and assets reached $245.15M.
SCJ Growth of $100
What $100 invested in iShares MSCI Japan Small-Cap ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Japan Equity category average over the same months.
| Period | SCJ | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $133 | $134 |
| 3 years (Jun 2023 – May 2026) | $171 | $184 |
| 5 years (Jun 2021 – May 2026) | $147 | $167 |
| Since data start (Sep 2019 – May 2026) | $178 | $218 |
SCJ Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +16.30% |
| 1 year | +32.85% |
| 3 years (annualised) | +19.48% |
| 5 years (annualised) | +8.07% |
SCJ Annual Returns
Calendar-year total returns of iShares MSCI Japan Small-Cap ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +16.30% |
| 2025 | +29.67% |
| 2024 | +3.24% |
| 2023 | +12.94% |
| 2022 | −12.69% |
| 2021 | −2.39% |
| 2020 | +6.28% |
| 2019 (Sep–Dec) | +11.99% |
SCJ Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +5.5% | +10.9% | −9.5% | +5.2% | +4.3% | — | — | — | — | — | — | — |
| 2025 | +2.2% | +0.9% | +2.0% | +4.6% | +3.2% | +3.7% | −0.9% | +7.2% | +2.3% | −2.0% | +2.9% | +0.4% |
| 2024 | −0.8% | +2.4% | +2.6% | −4.4% | +1.1% | −1.4% | +7.6% | +1.4% | +2.5% | −6.8% | +2.7% | −2.9% |
| 2023 | +4.5% | −3.5% | +3.9% | +0.4% | −2.1% | +2.9% | +3.3% | −0.8% | −3.2% | −3.0% | +5.5% | +4.9% |
| 2022 | −4.5% | +1.0% | −5.0% | −7.0% | +1.1% | −4.5% | +5.6% | −3.5% | −6.6% | −0.2% | +11.6% | +0.3% |
| 2021 | −0.8% | +0.4% | +3.7% | −1.2% | −0.4% | +0.5% | +0.1% | +2.0% | +0.8% | −2.8% | −6.4% | +2.1% |
| 2020 | −3.4% | −11.9% | −6.3% | +6.0% | +7.6% | −1.3% | −2.7% | +8.0% | +4.2% | −2.5% | +6.3% | +4.3% |
| 2019 | — | — | — | — | — | — | — | — | +3.6% | +5.4% | +0.8% | +1.7% |
SCJ Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 14.10%
- 3-year Sharpe ratio: 1.06 (vs 4.5% risk-free rate)
- Best month: +10.91% (Feb 2026)
- Worst month: −9.47% (Mar 2026)
SCJ Fund Flows
Monthly money in and out of iShares MSCI Japan Small-Cap ETF, from SEC Form N-PORT.
- 12-month net flow: $79.8M
- 12-month gross sales (incl. reinvestments): $148.0M
- Sales ÷ redemptions: 2.17×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $10.4M | $10.5M | −$87K |
| Apr 2026 | $9.9M | $0 | $9.9M |
| Mar 2026 | $41.8M | $38.8M | $3.0M |
| Feb 2026 | $21.1M | $9.7M | $11.4M |
| Jan 2026 | $28.7M | $0 | $28.7M |
| Dec 2025 | $9.2M | $9.2M | −$10K |
| Nov 2025 | $9.1M | $0 | $9.1M |
| Oct 2025 | $0 | $0 | $0 |
| Sep 2025 | $9.3M | $0 | $9.3M |
| Aug 2025 | $0 | $0 | $0 |
| Jul 2025 | $8.4M | $0 | $8.4M |
| Jun 2025 | $0 | $0 | $0 |
SCJ Assets Under Management
Net assets of iShares MSCI Japan Small-Cap ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $245.15M |
| 2026-02-28 | $236.01M |
| 2025-11-30 | $167.87M |
| 2025-08-31 | $144.65M |
| 2025-05-31 | $124.30M |
| 2025-02-28 | $120.40M |
| 2024-11-30 | $128.89M |
| 2024-08-31 | $108.14M |
| 2024-05-31 | $123.33M |
| 2024-02-29 | $124.35M |
| 2023-11-30 | $111.26M |
| 2023-08-31 | $119.33M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.