FEPX.DE vs. XNKY.DE
FEPX.DE (Fidelity Sustainable Research Enhanced Pacific ex-Japan Equity UCITS ETF Acc) and XNKY.DE (Xtrackers Nikkei 225 UCITS ETF) are both exchange-traded funds - FEPX.DE is a Asia Pacific Equities fund tracking the Fidelity Sustainable Research Enhanced Pacific ex-Japan Equity, while XNKY.DE is a Japan Equities fund tracking the Nikkei 225®. Both are passively managed. Over the past 5 years, FEPX.DE returned 6.25%/yr vs 12.47%/yr for XNKY.DE. A 0.57 correlation means they provide meaningful diversification when combined. FEPX.DE charges 0.30%/yr vs 0.09%/yr for XNKY.DE.
Performance
FEPX.DE vs. XNKY.DE - Performance Comparison
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Returns By Period
In the year-to-date period, FEPX.DE achieves a 11.30% return, which is significantly lower than XNKY.DE's 30.76% return.
FEPX.DE
- 1D
- 0.00%
- 1M
- 2.13%
- 6M
- 8.37%
- YTD
- 11.30%
- 1Y
- 15.54%
- 3Y*
- 10.93%
- 5Y*
- 6.25%
- 10Y*
- —
XNKY.DE
- 1D
- 0.00%
- 1M
- -5.82%
- 6M
- 22.85%
- YTD
- 30.76%
- 1Y
- 56.07%
- 3Y*
- 21.27%
- 5Y*
- 12.47%
- 10Y*
- —
FEPX.DE vs. XNKY.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
FEPX.DE Fidelity Sustainable Research Enhanced Pacific ex-Japan Equity UCITS ETF Acc | 11.30% | 6.54% | 11.04% | 2.40% | -1.28% | -7.23% | 4.20% |
XNKY.DE Xtrackers Nikkei 225 UCITS ETF | 30.76% | 16.16% | 14.34% | 18.03% | -15.35% | 3.16% | 2.65% |
Correlation
The correlation between FEPX.DE and XNKY.DE is 0.52, 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 | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Dec 3, 2020 | 0.57 |
The correlation between FEPX.DE and XNKY.DE has been stable across timeframes, ranging from 0.52 to 0.57 - a consistent structural relationship.
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Return for Risk
FEPX.DE vs. XNKY.DE — Risk / Return Rank
FEPX.DE
XNKY.DE
FEPX.DE vs. XNKY.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Sustainable Research Enhanced Pacific ex-Japan Equity UCITS ETF Acc (FEPX.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.
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.
| FEPX.DE | XNKY.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.89 | ||
| Sortino ratioReturn per unit of downside risk | -1.08 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.36 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 2.26 | 4.34 | -2.07 |
| Martin ratioReturn relative to average drawdown | 6.43 | 12.34 | -5.91 |
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Drawdowns
FEPX.DE vs. XNKY.DE - Drawdown Comparison
The maximum FEPX.DE drawdown since its inception was -20.59%, roughly equal to the maximum XNKY.DE drawdown of -21.47%. Use the drawdown chart below to compare losses from any high point for FEPX.DE and XNKY.DE.
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Drawdown Indicators
| FEPX.DE | XNKY.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.59% | -21.47% | +0.88% |
Max Drawdown (1Y)Largest decline over 1 year | -6.90% | -12.99% | +6.09% |
Max Drawdown (3Y)Largest decline over 3 years | -20.59% | -20.16% | -0.43% |
Max Drawdown (5Y)Largest decline over 5 years | -20.59% | -21.15% | +0.56% |
Current DrawdownCurrent decline from peak | -0.40% | -9.49% | +9.09% |
Average DrawdownAverage peak-to-trough decline | -6.61% | -7.80% | +1.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.42% | 4.56% | -2.14% |
Volatility
FEPX.DE vs. XNKY.DE - Volatility Comparison
The current volatility for Fidelity Sustainable Research Enhanced Pacific ex-Japan Equity UCITS ETF Acc (FEPX.DE) is 2.56%, while Xtrackers Nikkei 225 UCITS ETF (XNKY.DE) has a volatility of 9.09%. This indicates that FEPX.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.
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Volatility by Period
| FEPX.DE | XNKY.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.56% | 9.09% | -6.53% |
Volatility (6M)Calculated over the trailing 6-month period | 9.13% | 20.87% | -11.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.17% | 25.87% | -13.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.24% | 19.15% | -3.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.90% | 18.79% | -1.89% |
FEPX.DE vs. XNKY.DE - Expense Ratio Comparison
FEPX.DE has a 0.30% expense ratio, which is higher than XNKY.DE's 0.09% expense ratio.
Dividends
FEPX.DE vs. XNKY.DE - Dividend Comparison
Neither FEPX.DE nor XNKY.DE has paid dividends to shareholders.
Frequently Asked Questions
FEPX.DE and XNKY.DE have a correlation of 0.52, 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 0.30% for FEPX.DE.
FEPX.DE is categorized as Asia Pacific Equities, while XNKY.DE is Japan Equities. FEPX.DE tracks Fidelity Sustainable Research Enhanced Pacific ex-Japan Equity, while XNKY.DE tracks Nikkei 225®. They also come from different issuers: Fidelity and Xtrackers. Their fees differ too: 0.30% for FEPX.DE and 0.09% for XNKY.DE.
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