IQQJ.DE vs. XDJE.DE
IQQJ.DE (iShares MSCI Japan UCITS ETF (Dist)) and XDJE.DE (Xtrackers Nikkei 225 UCITS ETF EUR Hedged (Dist)) are both Japan Equities funds - IQQJ.DE tracks the MSCI Japan while XDJE.DE tracks the Nikkei 225 Index (EUR Hedged). Both are passively managed. Over the past 5 years, IQQJ.DE returned 9.63%/yr vs 22.64%/yr for XDJE.DE. A 0.77 correlation means they provide meaningful diversification when combined. IQQJ.DE charges 0.12%/yr vs 0.19%/yr for XDJE.DE.
Performance
IQQJ.DE vs. XDJE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IQQJ.DE achieves a 16.64% return, which is significantly lower than XDJE.DE's 35.13% return.
IQQJ.DE
- 1D
- -1.02%
- 1M
- -0.84%
- 6M
- 10.19%
- YTD
- 16.64%
- 1Y
- 36.38%
- 3Y*
- 16.66%
- 5Y*
- 9.63%
- 10Y*
- 8.53%
XDJE.DE
- 1D
- -1.05%
- 1M
- -2.39%
- 6M
- 26.50%
- YTD
- 35.13%
- 1Y
- 73.85%
- 3Y*
- 32.22%
- 5Y*
- 22.64%
- 10Y*
- —
IQQJ.DE vs. XDJE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
IQQJ.DE iShares MSCI Japan UCITS ETF (Dist) | 16.64% | 12.73% | 13.56% | 15.99% | -12.77% | 9.56% | 4.73% | 21.89% | -6.87% |
XDJE.DE Xtrackers Nikkei 225 UCITS ETF EUR Hedged (Dist) | 35.13% | 30.93% | 23.55% | 35.26% | -9.02% | 5.24% | 16.17% | 16.86% | -7.63% |
Correlation
The correlation between IQQJ.DE and XDJE.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 | 0.83 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.78 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.75 |
Correlation (All Time) Calculated using the full available price history since Nov 6, 2018 | 0.77 |
The correlation between IQQJ.DE and XDJE.DE has been stable across timeframes, ranging from 0.75 to 0.83 - a consistent structural relationship.
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Return for Risk
IQQJ.DE vs. XDJE.DE — Risk / Return Rank
IQQJ.DE
XDJE.DE
IQQJ.DE vs. XDJE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Japan UCITS ETF (Dist) (IQQJ.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.
| IQQJ.DE | XDJE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.91 | ||
| Sortino ratioReturn per unit of downside risk | -0.99 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.45 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 3.57 | 5.75 | -2.19 |
| Martin ratioReturn relative to average drawdown | 11.50 | 17.74 | -6.24 |
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Drawdowns
IQQJ.DE vs. XDJE.DE - Drawdown Comparison
The maximum IQQJ.DE drawdown since its inception was -52.48%, 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 IQQJ.DE and XDJE.DE.
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Drawdown Indicators
| IQQJ.DE | XDJE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.48% | -32.45% | -20.03% |
Max Drawdown (1Y)Largest decline over 1 year | -10.15% | -12.77% | +2.62% |
Max Drawdown (3Y)Largest decline over 3 years | -16.72% | -22.87% | +6.15% |
Max Drawdown (5Y)Largest decline over 5 years | -19.38% | -22.87% | +3.49% |
Max Drawdown (10Y)Largest decline over 10 years | -28.05% | — | — |
Current DrawdownCurrent decline from peak | -4.86% | -7.26% | +2.40% |
Average DrawdownAverage peak-to-trough decline | -16.16% | -6.08% | -10.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.15% | 4.15% | -1.00% |
Volatility
IQQJ.DE vs. XDJE.DE - Volatility Comparison
The current volatility for iShares MSCI Japan UCITS ETF (Dist) (IQQJ.DE) is 6.59%, while Xtrackers Nikkei 225 UCITS ETF EUR Hedged (Dist) (XDJE.DE) has a volatility of 9.75%. This indicates that IQQJ.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
| IQQJ.DE | XDJE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.59% | 9.75% | -3.16% |
Volatility (6M)Calculated over the trailing 6-month period | 16.09% | 21.15% | -5.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.68% | 26.67% | -6.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.81% | 21.16% | -4.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.43% | 22.04% | -5.61% |
IQQJ.DE vs. XDJE.DE - Expense Ratio Comparison
IQQJ.DE has a 0.12% expense ratio, which is lower than XDJE.DE's 0.19% 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
IQQJ.DE vs. XDJE.DE - Dividend Comparison
IQQJ.DE's dividend yield for the trailing twelve months is around 1.59%, more than XDJE.DE's 0.81% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
IQQJ.DE iShares MSCI Japan UCITS ETF (Dist) | 1.59% | 1.79% | 1.48% | 1.42% | 1.76% | 1.16% | 1.40% | 1.41% | 1.44% | 1.23% |
XDJE.DE Xtrackers Nikkei 225 UCITS ETF EUR Hedged (Dist) | 0.81% | 1.11% | 1.21% | 1.32% | 2.27% | 1.08% | 1.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IQQJ.DE and XDJE.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, IQQJ.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IQQJ.DE is cheaper with a 0.12% expense ratio, compared with 0.19% for XDJE.DE.
IQQJ.DE tracks MSCI Japan, while XDJE.DE tracks Nikkei 225 Index (EUR Hedged). They also come from different issuers: iShares and Xtrackers. Their fees differ too: 0.12% for IQQJ.DE and 0.19% for XDJE.DE.
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