IBCG.DE vs. XDJE.DE
IBCG.DE (iShares MSCI Japan EUR Hedged UCITS ETF (Acc)) and XDJE.DE (Xtrackers Nikkei 225 UCITS ETF EUR Hedged (Dist)) are both Japan Equities funds - IBCG.DE tracks the MSCI Japan Index (EUR Hedged) while XDJE.DE tracks the Nikkei 225 Index (EUR Hedged). Both are passively managed. Over the past 5 years, IBCG.DE returned 19.57%/yr vs 22.73%/yr for XDJE.DE. Their correlation of 0.92 suggests significant overlap in exposure. IBCG.DE charges 0.64%/yr vs 0.19%/yr for XDJE.DE.
Performance
IBCG.DE vs. XDJE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IBCG.DE achieves a 21.27% return, which is significantly lower than XDJE.DE's 39.34% return.
IBCG.DE
- 1D
- 1.23%
- 1M
- 1.98%
- 6M
- 20.86%
- YTD
- 21.27%
- 1Y
- 48.23%
- 3Y*
- 25.91%
- 5Y*
- 19.57%
- 10Y*
- 14.99%
XDJE.DE
- 1D
- 1.66%
- 1M
- 2.25%
- 6M
- 38.79%
- YTD
- 39.34%
- 1Y
- 77.62%
- 3Y*
- 32.58%
- 5Y*
- 22.73%
- 10Y*
- —
IBCG.DE vs. XDJE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
IBCG.DE iShares MSCI Japan EUR Hedged UCITS ETF (Acc) | 21.27% | 26.94% | 22.76% | 32.85% | -5.89% | 12.06% | 7.58% | 16.67% | -8.94% |
XDJE.DE Xtrackers Nikkei 225 UCITS ETF EUR Hedged (Dist) | 39.34% | 30.93% | 23.55% | 35.26% | -9.02% | 5.24% | 16.17% | 16.86% | -7.63% |
Correlation
The correlation between IBCG.DE and XDJE.DE is 0.87, 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 | 0.87 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.90 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.92 |
Correlation (All Time) Calculated using the full available price history since Nov 6, 2018 | 0.92 |
The correlation between IBCG.DE and XDJE.DE has been stable across timeframes, ranging from 0.87 to 0.92 - a consistent structural relationship.
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Return for Risk
IBCG.DE vs. XDJE.DE — Risk / Return Rank
IBCG.DE
XDJE.DE
IBCG.DE vs. XDJE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Japan EUR Hedged UCITS ETF (Acc) (IBCG.DE) and Xtrackers Nikkei 225 UCITS ETF EUR Hedged (Dist) (XDJE.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.
| IBCG.DE | XDJE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.56 | ||
| Sortino ratioReturn per unit of downside risk | -0.52 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.48 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 4.83 | 6.05 | -1.22 |
| Martin ratioReturn relative to average drawdown | 16.49 | 19.40 | -2.92 |
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Drawdowns
IBCG.DE vs. XDJE.DE - Drawdown Comparison
The maximum IBCG.DE drawdown since its inception was -34.79%, which is greater than XDJE.DE's maximum drawdown of -32.45%. Use the drawdown chart below to compare losses from any high point for IBCG.DE and XDJE.DE.
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Drawdown Indicators
| IBCG.DE | XDJE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.79% | -32.45% | -2.34% |
Max Drawdown (1Y)Largest decline over 1 year | -9.94% | -12.77% | +2.83% |
Max Drawdown (3Y)Largest decline over 3 years | -21.63% | -22.87% | +1.24% |
Max Drawdown (5Y)Largest decline over 5 years | -21.63% | -22.87% | +1.24% |
Max Drawdown (10Y)Largest decline over 10 years | -34.79% | — | — |
Current DrawdownCurrent decline from peak | -2.74% | -4.38% | +1.64% |
Average DrawdownAverage peak-to-trough decline | -8.32% | -6.08% | -2.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.92% | 3.99% | -1.07% |
Volatility
IBCG.DE vs. XDJE.DE - Volatility Comparison
The current volatility for iShares MSCI Japan EUR Hedged UCITS ETF (Acc) (IBCG.DE) is 6.70%, while Xtrackers Nikkei 225 UCITS ETF EUR Hedged (Dist) (XDJE.DE) has a volatility of 10.10%. This indicates that IBCG.DE experiences smaller price fluctuations and is considered to be less risky than XDJE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBCG.DE | XDJE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.70% | 10.10% | -3.40% |
Volatility (6M)Calculated over the trailing 6-month period | 15.91% | 20.83% | -4.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.07% | 26.12% | -6.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.62% | 21.08% | -2.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.45% | 22.00% | -3.55% |
IBCG.DE vs. XDJE.DE - Expense Ratio Comparison
IBCG.DE has a 0.64% expense ratio, which is higher than XDJE.DE's 0.19% expense ratio.
Dividends
IBCG.DE vs. XDJE.DE - Dividend Comparison
IBCG.DE has not paid dividends to shareholders, while XDJE.DE's dividend yield for the trailing twelve months is around 0.79%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
IBCG.DE iShares MSCI Japan EUR Hedged UCITS ETF (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XDJE.DE Xtrackers Nikkei 225 UCITS ETF EUR Hedged (Dist) | 0.79% | 1.11% | 1.21% | 1.32% | 2.27% | 1.08% | 1.00% |
Frequently Asked Questions
IBCG.DE and XDJE.DE have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDJE.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDJE.DE is cheaper with a 0.19% expense ratio, compared with 0.64% for IBCG.DE.
IBCG.DE tracks MSCI Japan Index (EUR Hedged), while XDJE.DE tracks Nikkei 225 Index (EUR Hedged). They also come from different issuers: iShares and Xtrackers. Their fees differ too: 0.64% for IBCG.DE and 0.19% for XDJE.DE.
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