36B4.DE vs. XDJE.DE
36B4.DE (iShares MSCI Japan SRI UCITS ETF USD Dist) and XDJE.DE (Xtrackers Nikkei 225 UCITS ETF EUR Hedged (Dist)) are both Japan Equities funds - 36B4.DE tracks the MSCI Japan SRI Select Reduced Fossil Fuels while XDJE.DE tracks the Nikkei 225 Index (EUR Hedged). Both are passively managed. Over the past 5 years, 36B4.DE returned 4.99%/yr vs 22.64%/yr for XDJE.DE. A 0.72 correlation means they provide meaningful diversification when combined. 36B4.DE charges 0.20%/yr vs 0.19%/yr for XDJE.DE.
Performance
36B4.DE vs. XDJE.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, 36B4.DE achieves a 9.48% return, which is significantly lower than XDJE.DE's 35.13% return.
36B4.DE
- 1D
- -1.25%
- 1M
- 5.00%
- 6M
- 5.52%
- YTD
- 9.48%
- 1Y
- 22.17%
- 3Y*
- 9.80%
- 5Y*
- 4.99%
- 10Y*
- —
XDJE.DE
- 1D
- -1.05%
- 1M
- -2.39%
- 6M
- 26.50%
- YTD
- 35.13%
- 1Y
- 73.85%
- 3Y*
- 32.22%
- 5Y*
- 22.64%
- 10Y*
- —
36B4.DE vs. XDJE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
36B4.DE iShares MSCI Japan SRI UCITS ETF USD Dist | 9.48% | 6.64% | 9.02% | 9.56% | -13.77% | 9.87% | 6.38% | 16.82% |
XDJE.DE Xtrackers Nikkei 225 UCITS ETF EUR Hedged (Dist) | 35.13% | 30.93% | 23.55% | 35.26% | -9.02% | 5.24% | 16.17% | 10.68% |
Correlation
The correlation between 36B4.DE and XDJE.DE is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.65 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.68 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.68 |
Correlation (All Time) Calculated using the full available price history since Feb 27, 2019 | 0.72 |
The correlation between 36B4.DE and XDJE.DE has been stable across timeframes, ranging from 0.65 to 0.72 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
36B4.DE vs. XDJE.DE — Risk / Return Rank
36B4.DE
XDJE.DE
36B4.DE vs. XDJE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Japan SRI UCITS ETF USD Dist (36B4.DE) and Xtrackers Nikkei 225 UCITS ETF EUR Hedged (Dist) (XDJE.DE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| 36B4.DE | XDJE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.56 | ||
| Sortino ratioReturn per unit of downside risk | -1.82 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.45 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 2.04 | 5.75 | -3.71 |
| Martin ratioReturn relative to average drawdown | 5.90 | 17.74 | -11.84 |
Loading charts...
Drawdowns
36B4.DE vs. XDJE.DE - Drawdown Comparison
The maximum 36B4.DE drawdown since its inception was -26.98%, smaller than the maximum XDJE.DE drawdown of -32.45%. Use the drawdown chart below to compare losses from any high point for 36B4.DE and XDJE.DE.
Loading charts...
Drawdown Indicators
| 36B4.DE | XDJE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.98% | -32.45% | +5.47% |
Max Drawdown (1Y)Largest decline over 1 year | -10.82% | -12.77% | +1.95% |
Max Drawdown (3Y)Largest decline over 3 years | -15.67% | -22.87% | +7.20% |
Max Drawdown (5Y)Largest decline over 5 years | -21.57% | -22.87% | +1.30% |
Current DrawdownCurrent decline from peak | -1.25% | -7.26% | +6.01% |
Average DrawdownAverage peak-to-trough decline | -7.09% | -6.08% | -1.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.75% | 4.15% | -0.40% |
Volatility
36B4.DE vs. XDJE.DE - Volatility Comparison
The current volatility for iShares MSCI Japan SRI UCITS ETF USD Dist (36B4.DE) is 5.12%, while Xtrackers Nikkei 225 UCITS ETF EUR Hedged (Dist) (XDJE.DE) has a volatility of 9.75%. This indicates that 36B4.DE experiences smaller price fluctuations and is considered to be less risky than XDJE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| 36B4.DE | XDJE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.12% | 9.75% | -4.63% |
Volatility (6M)Calculated over the trailing 6-month period | 14.23% | 21.15% | -6.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.43% | 26.67% | -8.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.34% | 21.16% | -4.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.26% | 22.04% | -4.78% |
36B4.DE vs. XDJE.DE - Expense Ratio Comparison
36B4.DE has a 0.20% expense ratio, which is higher than XDJE.DE's 0.19% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
36B4.DE vs. XDJE.DE - Dividend Comparison
36B4.DE's dividend yield for the trailing twelve months is around 1.47%, more than XDJE.DE's 0.81% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
36B4.DE iShares MSCI Japan SRI UCITS ETF USD Dist | 1.47% | 1.46% | 1.38% | 1.81% | 2.45% | 1.54% | 1.60% | 0.81% |
XDJE.DE Xtrackers Nikkei 225 UCITS ETF EUR Hedged (Dist) | 0.81% | 1.11% | 1.21% | 1.32% | 2.27% | 1.08% | 1.00% | 0.00% |
Frequently Asked Questions
36B4.DE and XDJE.DE have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDJE.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDJE.DE is cheaper with a 0.19% expense ratio, compared with 0.20% for 36B4.DE.
36B4.DE tracks MSCI Japan SRI Select Reduced Fossil Fuels, while XDJE.DE tracks Nikkei 225 Index (EUR Hedged). They also come from different issuers: iShares and Xtrackers. Their fees differ too: 0.20% for 36B4.DE and 0.19% for XDJE.DE.
Find the right allocation for 36B4.DE and XDJE.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer