EUNN.DE vs. XNKY.DE
EUNN.DE (iShares Core MSCI Japan IMI UCITS ETF) and XNKY.DE (Xtrackers Nikkei 225 UCITS ETF) are both Japan Equities funds - EUNN.DE tracks the MSCI Japan IMI while XNKY.DE tracks the Nikkei 225®. Both are passively managed. Over the past 5 years, EUNN.DE returned 9.85%/yr vs 12.43%/yr for XNKY.DE. Their correlation of 0.90 suggests significant overlap in exposure. EUNN.DE charges 0.12%/yr vs 0.09%/yr for XNKY.DE.
Performance
EUNN.DE vs. XNKY.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EUNN.DE achieves a 16.53% return, which is significantly lower than XNKY.DE's 32.35% 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%
XNKY.DE
- 1D
- -1.43%
- 1M
- 7.59%
- YTD
- 32.35%
- 6M
- 30.39%
- 1Y
- 60.72%
- 3Y*
- 20.83%
- 5Y*
- 12.43%
- 10Y*
- —
EUNN.DE vs. XNKY.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
EUNN.DE iShares Core MSCI Japan IMI UCITS ETF | 16.53% | 13.46% | 12.90% | 15.16% | -11.47% | 9.25% | 8.43% |
XNKY.DE Xtrackers Nikkei 225 UCITS ETF | 32.35% | 16.16% | 14.34% | 18.03% | -15.35% | 3.16% | 13.56% |
Correlation
The correlation between EUNN.DE and XNKY.DE is 0.83, 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 | 0.84 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.87 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.90 |
Correlation (All Time) Calculated using the full available price history since Nov 3, 2020 | 0.90 |
The correlation between EUNN.DE and XNKY.DE has been stable across timeframes, ranging from 0.83 to 0.90 - 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
EUNN.DE vs. XNKY.DE — Risk / Return Rank
EUNN.DE
XNKY.DE
EUNN.DE vs. XNKY.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 Xtrackers Nikkei 225 UCITS ETF (XNKY.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.
| EUNN.DE | XNKY.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.85 | ||
| Sortino ratioReturn per unit of downside risk | -1.11 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.42 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 3.14 | 4.59 | -1.45 |
| Martin ratioReturn relative to average drawdown | 10.51 | 13.91 | -3.40 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| EUNN.DE | XNKY.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.67 | 2.53 | -0.85 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.61 | 0.66 | -0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.53 | 0.74 | -0.21 |
Drawdowns
EUNN.DE vs. XNKY.DE - Drawdown Comparison
The maximum EUNN.DE drawdown since its inception was -28.55%, which is greater than XNKY.DE's maximum drawdown of -21.47%. Use the drawdown chart below to compare losses from any high point for EUNN.DE and XNKY.DE.
Loading charts...
Drawdown Indicators
| EUNN.DE | XNKY.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.55% | -21.47% | -7.08% |
Max Drawdown (1Y)Largest decline over 1 year | -9.58% | -12.99% | +3.41% |
Max Drawdown (3Y)Largest decline over 3 years | -15.81% | -20.16% | +4.35% |
Max Drawdown (5Y)Largest decline over 5 years | -19.41% | -21.15% | +1.74% |
Max Drawdown (10Y)Largest decline over 10 years | -28.55% | — | — |
Current DrawdownCurrent decline from peak | -0.27% | -1.43% | +1.16% |
Average DrawdownAverage peak-to-trough decline | -6.85% | -7.84% | +0.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.86% | 4.29% | -1.43% |
Volatility
EUNN.DE vs. XNKY.DE - Volatility Comparison
The current volatility for iShares Core MSCI Japan IMI UCITS ETF (EUNN.DE) is 3.16%, while Xtrackers Nikkei 225 UCITS ETF (XNKY.DE) has a volatility of 6.59%. This indicates that EUNN.DE experiences smaller price fluctuations and is considered to be less risky than XNKY.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EUNN.DE | XNKY.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.16% | 6.59% | -3.43% |
Volatility (6M)Calculated over the trailing 6-month period | 14.53% | 18.61% | -4.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.97% | 23.59% | -5.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.04% | 18.57% | -2.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.08% | 18.42% | -2.34% |
EUNN.DE vs. XNKY.DE - Expense Ratio Comparison
EUNN.DE has a 0.12% expense ratio, which is higher than XNKY.DE's 0.09% 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
EUNN.DE vs. XNKY.DE - Dividend Comparison
Neither EUNN.DE nor XNKY.DE has paid dividends to shareholders.
Frequently Asked Questions
EUNN.DE and XNKY.DE have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XNKY.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XNKY.DE is cheaper with a 0.09% expense ratio, compared with 0.12% for EUNN.DE.
EUNN.DE tracks MSCI Japan IMI, while XNKY.DE tracks Nikkei 225®. They also come from different issuers: iShares and Xtrackers. Their fees differ too: 0.12% for EUNN.DE and 0.09% for XNKY.DE.
Find the right allocation for EUNN.DE and XNKY.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