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EUNN.DE vs. ^N225
Performance
Return for Risk
Drawdowns
Volatility

EUNN.DE vs. ^N225

Last updated Jun 5, 2026

EUNN.DE (iShares Core MSCI Japan IMI UCITS ETF) is Japan Equities fund tracking the MSCI Japan IMI, while ^N225 (Nikkei 225) is an index. Over the past 10 years, EUNN.DE returned 9.05%/yr vs 10.13%/yr for ^N225. At a 0.42 correlation, their price movements are largely independent.

Performance

EUNN.DE vs. ^N225 - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares Core MSCI Japan IMI UCITS ETF (EUNN.DE) and Nikkei 225 (^N225). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

EUNN.DE is traded in EUR, while ^N225 is traded in JPY. To make them comparable, the ^N225 values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, EUNN.DE achieves a 16.53% return, which is significantly lower than ^N225's 31.10% return. Over the past 10 years, EUNN.DE has underperformed ^N225 with an annualized return of 9.05%, while ^N225 has yielded a comparatively higher 10.13% annualized return.

EUNN.DE

1D
-0.27%
1M
3.50%
YTD
16.53%
6M
16.81%
1Y
31.22%
3Y*
15.47%
5Y*
9.85%
10Y*
9.05%

^N225

1D
-1.11%
1M
11.08%
YTD
31.10%
6M
28.62%
1Y
57.13%
3Y*
18.16%
5Y*
10.58%
10Y*
10.13%
*Multi-year figures are annualized to reflect compound growth (CAGR)

EUNN.DE vs. ^N225 - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
EUNN.DE
iShares Core MSCI Japan IMI UCITS ETF		16.53%13.46%12.90%15.16%-11.47%9.25%4.10%22.24%-10.32%10.42%
^N225
Nikkei 225		31.10%12.07%13.69%15.62%-15.84%2.21%11.41%22.37%-5.83%8.44%

Correlation

The correlation between EUNN.DE and ^N225 is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.33

Correlation (3Y)
Calculated over the trailing 3-year period

0.41

Correlation (5Y)
Calculated over the trailing 5-year period

0.44

Correlation (10Y)
Calculated over the trailing 10-year period

0.44

Correlation (All Time)
Calculated using the full available price history since Oct 21, 2009

0.42

The correlation between EUNN.DE and ^N225 shifts across timeframes, from 0.33 (1 year) to 0.44 (5 years), reflecting how their relationship changes across market environments.

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iShares Core MSCI Japan IMI UCITS ETF

Nikkei 225

Often compared with EUNN.DE:
EUNN.DE vs. VJPA.DEEUNN.DE vs. LCUJ.DEEUNN.DE vs. XFNT.DEEUNN.DE vs. WTIZ.DEEUNN.DE vs. FLINEUNN.DE vs. ^GSPCEUNN.DE vs. XDWF.DE
Often compared with ^N225:
^N225 vs. SPY^N225 vs. EWJ^N225 vs. S400.L^N225 vs. FJPNX^N225 vs. NFTY^N225 vs. SCJ^N225 vs. EWA

Return for Risk

EUNN.DE vs. ^N225 — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
EUNN.DE
EUNN.DE Risk / Return Rank: 5656
Overall Rank
EUNN.DE Sharpe Ratio Rank: 4949
Sharpe Ratio Rank
EUNN.DE Sortino Ratio Rank: 5353
Sortino Ratio Rank
EUNN.DE Omega Ratio Rank: 5353
Omega Ratio Rank
EUNN.DE Calmar Ratio Rank: 6464
Calmar Ratio Rank
EUNN.DE Martin Ratio Rank: 6060
Martin Ratio Rank
^N225
^N225 Risk / Return Rank: 9696
Overall Rank
^N225 Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
^N225 Sortino Ratio Rank: 9797
Sortino Ratio Rank
^N225 Omega Ratio Rank: 9595
Omega Ratio Rank
^N225 Calmar Ratio Rank: 9797
Calmar Ratio Rank
^N225 Martin Ratio Rank: 9696
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EUNN.DE vs. ^N225 - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core MSCI Japan IMI UCITS ETF (EUNN.DE) and Nikkei 225 (^N225). 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.

EUNN.DE^N225Difference
Sharpe ratioReturn per unit of total volatility
1.67
2.46

-0.79

Sortino ratioReturn per unit of downside risk
2.52
3.46

-0.94

Omega ratioGain probability vs. loss probability

1.32

1.42

-0.10

Calmar ratioReturn relative to maximum drawdown

3.14

4.65

-1.51

Martin ratioReturn relative to average drawdown

10.51

14.18

-3.67

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EUNN.DE vs. ^N225 - Sharpe Ratio Comparison

The current EUNN.DE Sharpe Ratio is 1.67, which is lower than the ^N225 Sharpe Ratio of 2.46. The chart below compares the historical Sharpe Ratios of EUNN.DE and ^N225, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

EUNN.DE^N225Difference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.67

2.46

-0.79

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.61

0.48

+0.13

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.56

0.50

+0.05

Sharpe Ratio (All Time)

Calculated using the full available price history

0.53

0.29

+0.24

Drawdowns

EUNN.DE vs. ^N225 - Drawdown Comparison

The maximum EUNN.DE drawdown since its inception was -28.55%, smaller than the maximum ^N225 drawdown of -46.30%. Use the drawdown chart below to compare losses from any high point for EUNN.DE and ^N225.

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Drawdown Indicators

EUNN.DE^N225Difference

Max Drawdown

Largest peak-to-trough decline

-28.55%

-46.30%

+17.75%

Max Drawdown (1Y)

Largest decline over 1 year

-9.58%

-12.80%

+3.22%

Max Drawdown (3Y)

Largest decline over 3 years

-15.81%

-23.03%

+7.22%

Max Drawdown (5Y)

Largest decline over 5 years

-19.41%

-23.37%

+3.96%

Max Drawdown (10Y)

Largest decline over 10 years

-28.55%

-30.08%

+1.53%

Current Drawdown

Current decline from peak

-0.27%

-2.55%

+2.28%

Average Drawdown

Average peak-to-trough decline

-6.85%

-11.34%

+4.49%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.86%

4.16%

-1.30%

Volatility

EUNN.DE vs. ^N225 - Volatility Comparison

The current volatility for iShares Core MSCI Japan IMI UCITS ETF (EUNN.DE) is 3.16%, while Nikkei 225 (^N225) has a volatility of 7.25%. This indicates that EUNN.DE experiences smaller price fluctuations and is considered to be less risky than ^N225 based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

EUNN.DE^N225Difference

Volatility (1M)

Calculated over the trailing 1-month period

3.16%

7.25%

-4.09%

Volatility (6M)

Calculated over the trailing 6-month period

14.53%

19.78%

-5.25%

Volatility (1Y)

Calculated over the trailing 1-year period

17.97%

24.19%

-6.22%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.04%

22.80%

-6.76%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.08%

20.77%

-4.69%

Frequently Asked Questions

EUNN.DE and ^N225 have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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