IEAC.AS vs. XNKY.DE
IEAC.AS (iShares Core € Corp Bond UCITS ETF) and XNKY.DE (Xtrackers Nikkei 225 UCITS ETF) are both exchange-traded funds - IEAC.AS is a Corporate Bonds fund tracking the Bloomberg Euro Corporate Bond Index, while XNKY.DE is a Japan Equities fund tracking the Nikkei 225®. Both are passively managed. Over the past 5 years, IEAC.AS returned 0.07%/yr vs 12.43%/yr for XNKY.DE. At a 0.30 correlation, their price movements are largely independent. IEAC.AS charges 0.20%/yr vs 0.09%/yr for XNKY.DE.
Performance
IEAC.AS vs. XNKY.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IEAC.AS achieves a 0.58% return, which is significantly lower than XNKY.DE's 32.35% return.
IEAC.AS
- 1D
- 0.10%
- 1M
- 0.40%
- YTD
- 0.58%
- 6M
- 0.54%
- 1Y
- 2.06%
- 3Y*
- 4.59%
- 5Y*
- 0.07%
- 10Y*
- 1.02%
XNKY.DE
- 1D
- -1.43%
- 1M
- 5.57%
- YTD
- 32.35%
- 6M
- 31.51%
- 1Y
- 59.52%
- 3Y*
- 20.83%
- 5Y*
- 12.43%
- 10Y*
- —
IEAC.AS vs. XNKY.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
IEAC.AS iShares Core € Corp Bond UCITS ETF | 0.58% | 3.05% | 4.40% | 7.74% | -13.63% | -1.02% | 1.17% |
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 IEAC.AS and XNKY.DE is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Nov 3, 2020 | 0.30 |
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Return for Risk
IEAC.AS vs. XNKY.DE — Risk / Return Rank
IEAC.AS
XNKY.DE
IEAC.AS vs. XNKY.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core € Corp Bond UCITS ETF (IEAC.AS) 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.
| IEAC.AS | XNKY.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.86 | ||
| Sortino ratioReturn per unit of downside risk | -2.61 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.42 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | 0.77 | 4.59 | -3.82 |
| Martin ratioReturn relative to average drawdown | 2.68 | 13.91 | -11.23 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IEAC.AS | XNKY.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.67 | 2.53 | -1.86 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.02 | 0.66 | -0.65 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.23 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.78 | 0.74 | +0.04 |
Drawdowns
IEAC.AS vs. XNKY.DE - Drawdown Comparison
The maximum IEAC.AS drawdown since its inception was -17.26%, smaller than the maximum XNKY.DE drawdown of -21.47%. Use the drawdown chart below to compare losses from any high point for IEAC.AS and XNKY.DE.
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Drawdown Indicators
| IEAC.AS | XNKY.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.26% | -21.47% | +4.21% |
Max Drawdown (1Y)Largest decline over 1 year | -2.65% | -12.99% | +10.34% |
Max Drawdown (3Y)Largest decline over 3 years | -2.65% | -20.16% | +17.51% |
Max Drawdown (5Y)Largest decline over 5 years | -17.26% | -21.15% | +3.89% |
Max Drawdown (10Y)Largest decline over 10 years | -17.26% | — | — |
Current DrawdownCurrent decline from peak | -0.99% | -1.43% | +0.44% |
Average DrawdownAverage peak-to-trough decline | -2.73% | -7.84% | +5.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.76% | 4.29% | -3.53% |
Volatility
IEAC.AS vs. XNKY.DE - Volatility Comparison
The current volatility for iShares Core € Corp Bond UCITS ETF (IEAC.AS) is 1.15%, while Xtrackers Nikkei 225 UCITS ETF (XNKY.DE) has a volatility of 6.59%. This indicates that IEAC.AS 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
| IEAC.AS | XNKY.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.15% | 6.59% | -5.44% |
Volatility (6M)Calculated over the trailing 6-month period | 2.67% | 18.61% | -15.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.02% | 23.59% | -20.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.42% | 18.57% | -14.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.34% | 18.42% | -14.08% |
IEAC.AS vs. XNKY.DE - Expense Ratio Comparison
IEAC.AS has a 0.20% 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
IEAC.AS vs. XNKY.DE - Dividend Comparison
IEAC.AS's dividend yield for the trailing twelve months is around 3.33%, while XNKY.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IEAC.AS iShares Core € Corp Bond UCITS ETF | 3.33% | 3.29% | 3.39% | 2.51% | 0.84% | 0.81% | 0.84% | 1.10% | 0.98% | 1.52% | 1.66% | 0.90% |
XNKY.DE Xtrackers Nikkei 225 UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IEAC.AS and XNKY.DE have a correlation of 0.40, 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 0.20% for IEAC.AS.
IEAC.AS is categorized as Corporate Bonds, while XNKY.DE is Japan Equities. IEAC.AS tracks Bloomberg Euro Corporate Bond Index, while XNKY.DE tracks Nikkei 225®. They also come from different issuers: iShares and Xtrackers. Their fees differ too: 0.20% for IEAC.AS and 0.09% for XNKY.DE.
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