EJAP.DE vs. TTPX.DE
EJAP.DE (BNP Paribas Easy MSCI Japan ESG Filtered Min TE UCITS ETF) and TTPX.DE (Amundi Japan Topix UCITS ETF Daily Hedged EUR (Acc)) are both Japan Equities funds - EJAP.DE tracks the MSCI Japan ESG Filtered Min TE while TTPX.DE tracks the TOPIX Index (EUR Hedged). Both are passively managed. Over the past 10 years, EJAP.DE returned 8.72%/yr vs 13.40%/yr for TTPX.DE. A 0.69 correlation means they provide meaningful diversification when combined. EJAP.DE charges 0.15%/yr vs 0.48%/yr for TTPX.DE.
Performance
EJAP.DE vs. TTPX.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EJAP.DE achieves a 15.22% return, which is significantly lower than TTPX.DE's 16.32% return. Over the past 10 years, EJAP.DE has underperformed TTPX.DE with an annualized return of 8.72%, while TTPX.DE has yielded a comparatively higher 13.40% annualized return.
EJAP.DE
- 1D
- -2.53%
- 1M
- -4.33%
- 6M
- 8.01%
- YTD
- 15.22%
- 1Y
- 31.64%
- 3Y*
- 15.45%
- 5Y*
- 9.75%
- 10Y*
- 8.72%
TTPX.DE
- 1D
- -2.26%
- 1M
- -2.69%
- 6M
- 9.26%
- YTD
- 16.32%
- 1Y
- 41.95%
- 3Y*
- 24.66%
- 5Y*
- 18.70%
- 10Y*
- 13.40%
EJAP.DE vs. TTPX.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EJAP.DE BNP Paribas Easy MSCI Japan ESG Filtered Min TE UCITS ETF | 15.22% | 11.71% | 14.53% | 16.90% | -12.15% | 10.08% | 5.26% | 22.36% | -93.57% | 299,592.41% |
TTPX.DE Amundi Japan Topix UCITS ETF Daily Hedged EUR (Acc) | 16.32% | 27.49% | 21.75% | 32.48% | -4.73% | 10.61% | 5.85% | 16.07% | -17.94% | 20.25% |
Correlation
The correlation between EJAP.DE and TTPX.DE is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.92 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.87 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.82 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.83 |
Correlation (All Time) Calculated using the full available price history since Feb 26, 2013 | 0.69 |
Over the past year, EJAP.DE and TTPX.DE have become more correlated (0.92) than their long-term average of 0.69, meaning their price movements have been converging.
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Return for Risk
EJAP.DE vs. TTPX.DE — Risk / Return Rank
EJAP.DE
TTPX.DE
EJAP.DE vs. TTPX.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy MSCI Japan ESG Filtered Min TE UCITS ETF (EJAP.DE) and Amundi Japan Topix UCITS ETF Daily Hedged EUR (Acc) (TTPX.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.
| EJAP.DE | TTPX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.59 | ||
| Sortino ratioReturn per unit of downside risk | -0.71 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.39 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 3.05 | 4.26 | -1.21 |
| Martin ratioReturn relative to average drawdown | 9.71 | 14.65 | -4.94 |
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Drawdowns
EJAP.DE vs. TTPX.DE - Drawdown Comparison
The maximum EJAP.DE drawdown since its inception was -99.96%, which is greater than TTPX.DE's maximum drawdown of -36.52%. Use the drawdown chart below to compare losses from any high point for EJAP.DE and TTPX.DE.
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Drawdown Indicators
| EJAP.DE | TTPX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.96% | -36.52% | -63.44% |
Max Drawdown (1Y)Largest decline over 1 year | -10.33% | -9.80% | -0.53% |
Max Drawdown (3Y)Largest decline over 3 years | -16.93% | -20.65% | +3.72% |
Max Drawdown (5Y)Largest decline over 5 years | -18.46% | -20.65% | +2.19% |
Max Drawdown (10Y)Largest decline over 10 years | -99.96% | -36.52% | -63.44% |
Current DrawdownCurrent decline from peak | -86.84% | -4.33% | -82.51% |
Average DrawdownAverage peak-to-trough decline | -51.65% | -7.80% | -43.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.25% | 2.86% | +0.39% |
Volatility
EJAP.DE vs. TTPX.DE - Volatility Comparison
BNP Paribas Easy MSCI Japan ESG Filtered Min TE UCITS ETF (EJAP.DE) has a higher volatility of 6.68% compared to Amundi Japan Topix UCITS ETF Daily Hedged EUR (Acc) (TTPX.DE) at 6.03%. This indicates that EJAP.DE's price experiences larger fluctuations and is considered to be riskier than TTPX.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EJAP.DE | TTPX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.68% | 6.03% | +0.65% |
Volatility (6M)Calculated over the trailing 6-month period | 16.45% | 15.54% | +0.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.18% | 19.47% | +0.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.87% | 18.09% | -1.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6,120.35% | 18.15% | +6,102.20% |
EJAP.DE vs. TTPX.DE - Expense Ratio Comparison
EJAP.DE has a 0.15% expense ratio, which is lower than TTPX.DE's 0.48% expense ratio.
Dividends
EJAP.DE vs. TTPX.DE - Dividend Comparison
Neither EJAP.DE nor TTPX.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.92, EJAP.DE and TTPX.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, EJAP.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EJAP.DE is cheaper with a 0.15% expense ratio, compared with 0.48% for TTPX.DE.
EJAP.DE tracks MSCI Japan ESG Filtered Min TE, while TTPX.DE tracks TOPIX Index (EUR Hedged). They also come from different issuers: BNP Paribas and Amundi. Their fees differ too: 0.15% for EJAP.DE and 0.48% for TTPX.DE.
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