EUNN.DE vs. JNHD.DE
EUNN.DE (iShares Core MSCI Japan IMI UCITS ETF) and JNHD.DE (Amundi Core MSCI Japan UCITS ETF EUR Hedged (Dist)) are both Japan Equities funds - EUNN.DE tracks the MSCI Japan IMI while JNHD.DE tracks the MSCI Japan Index (EUR Hedged). Both are passively managed. Over the past 5 years, EUNN.DE returned 10.10%/yr vs 19.63%/yr for JNHD.DE. Their correlation of 0.82 suggests significant overlap in exposure. EUNN.DE charges 0.12%/yr vs 0.20%/yr for JNHD.DE.
Performance
EUNN.DE vs. JNHD.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EUNN.DE achieves a 19.15% return, which is significantly lower than JNHD.DE's 20.87% return.
EUNN.DE
- 1D
- -0.89%
- 1M
- 1.40%
- 6M
- 13.09%
- YTD
- 19.15%
- 1Y
- 37.78%
- 3Y*
- 17.45%
- 5Y*
- 10.10%
- 10Y*
- 8.89%
JNHD.DE
- 1D
- -1.07%
- 1M
- 0.64%
- 6M
- 13.68%
- YTD
- 20.87%
- 1Y
- 49.88%
- 3Y*
- 27.17%
- 5Y*
- 19.63%
- 10Y*
- —
EUNN.DE vs. JNHD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
EUNN.DE iShares Core MSCI Japan IMI UCITS ETF | 19.15% | 13.46% | 12.91% | 15.16% | -11.48% | 9.24% | 9.05% |
JNHD.DE Amundi Core MSCI Japan UCITS ETF EUR Hedged (Dist) | 20.87% | 27.52% | 23.21% | 32.66% | -7.11% | 11.87% | 12.61% |
Correlation
The correlation between EUNN.DE and JNHD.DE is 0.90, 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 | 0.90 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.85 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Sep 17, 2020 | 0.82 |
The correlation between EUNN.DE and JNHD.DE has been stable across timeframes, ranging from 0.81 to 0.90 - a consistent structural relationship.
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Return for Risk
EUNN.DE vs. JNHD.DE — Risk / Return Rank
EUNN.DE
JNHD.DE
EUNN.DE vs. JNHD.DE - 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 Amundi Core MSCI Japan UCITS ETF EUR Hedged (Dist) (JNHD.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.
| EUNN.DE | JNHD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.39 | ||
| Sortino ratioReturn per unit of downside risk | -0.48 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.43 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 3.92 | 5.16 | -1.23 |
| Martin ratioReturn relative to average drawdown | 13.10 | 17.07 | -3.97 |
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Drawdowns
EUNN.DE vs. JNHD.DE - Drawdown Comparison
The maximum EUNN.DE drawdown since its inception was -28.56%, which is greater than JNHD.DE's maximum drawdown of -21.83%. Use the drawdown chart below to compare losses from any high point for EUNN.DE and JNHD.DE.
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Drawdown Indicators
| EUNN.DE | JNHD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.56% | -21.83% | -6.73% |
Max Drawdown (1Y)Largest decline over 1 year | -9.58% | -9.62% | +0.04% |
Max Drawdown (3Y)Largest decline over 3 years | -15.81% | -21.83% | +6.02% |
Max Drawdown (5Y)Largest decline over 5 years | -19.41% | -21.83% | +2.42% |
Max Drawdown (10Y)Largest decline over 10 years | -28.56% | — | — |
Current DrawdownCurrent decline from peak | -2.95% | -3.25% | +0.30% |
Average DrawdownAverage peak-to-trough decline | -6.83% | -4.16% | -2.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.88% | 2.91% | -0.03% |
Volatility
EUNN.DE vs. JNHD.DE - Volatility Comparison
The current volatility for iShares Core MSCI Japan IMI UCITS ETF (EUNN.DE) is 6.09%, while Amundi Core MSCI Japan UCITS ETF EUR Hedged (Dist) (JNHD.DE) has a volatility of 6.77%. This indicates that EUNN.DE experiences smaller price fluctuations and is considered to be less risky than JNHD.DE 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 | JNHD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.09% | 6.77% | -0.68% |
Volatility (6M)Calculated over the trailing 6-month period | 15.55% | 16.28% | -0.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.90% | 20.83% | -1.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.24% | 18.86% | -2.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.12% | 18.39% | -2.27% |
EUNN.DE vs. JNHD.DE - Expense Ratio Comparison
EUNN.DE has a 0.12% expense ratio, which is lower than JNHD.DE's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
EUNN.DE vs. JNHD.DE - Dividend Comparison
EUNN.DE has not paid dividends to shareholders, while JNHD.DE's dividend yield for the trailing twelve months is around 1.50%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
EUNN.DE iShares Core MSCI Japan IMI UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
JNHD.DE Amundi Core MSCI Japan UCITS ETF EUR Hedged (Dist) | 1.50% | 1.82% | 1.85% | 1.72% | 2.52% | 1.83% | 0.78% |
Frequently Asked Questions
With a correlation of 0.90, EUNN.DE and JNHD.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, EUNN.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EUNN.DE is cheaper with a 0.12% expense ratio, compared with 0.20% for JNHD.DE.
EUNN.DE tracks MSCI Japan IMI, while JNHD.DE tracks MSCI Japan Index (EUR Hedged). They also come from different issuers: iShares and Amundi. Their fees differ too: 0.12% for EUNN.DE and 0.20% for JNHD.DE.
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