IUS4.DE vs. 3JPN.DE
IUS4.DE (iShares MSCI Japan Small Cap UCITS ETF (Dist)) and 3JPN.DE (Leverage Shares 3x Long Japan ETP Securities) are both exchange-traded funds - IUS4.DE is a Japan Equities fund tracking the MSCI Japan Small Cap, while 3JPN.DE is a Leveraged Equities fund actively managed by Leverage Shares. IUS4.DE is passively managed, while 3JPN.DE is actively managed. Over the past 3 years, IUS4.DE returned 14.63%/yr vs 20.30%/yr for 3JPN.DE. A 0.76 correlation means they provide meaningful diversification when combined. IUS4.DE charges 0.58%/yr vs 0.75%/yr for 3JPN.DE.
Performance
IUS4.DE vs. 3JPN.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IUS4.DE achieves a 14.74% return, which is significantly lower than 3JPN.DE's 37.51% return.
IUS4.DE
- 1D
- 0.43%
- 1M
- 5.25%
- YTD
- 14.74%
- 6M
- 16.38%
- 1Y
- 27.12%
- 3Y*
- 14.63%
- 5Y*
- 8.34%
- 10Y*
- 7.46%
3JPN.DE
- 1D
- -0.77%
- 1M
- 15.49%
- YTD
- 37.51%
- 6M
- 33.89%
- 1Y
- 68.56%
- 3Y*
- 20.30%
- 5Y*
- —
- 10Y*
- —
IUS4.DE vs. 3JPN.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
IUS4.DE iShares MSCI Japan Small Cap UCITS ETF (Dist) | 14.74% | 15.96% | 9.46% | 9.42% | 0.83% |
3JPN.DE Leverage Shares 3x Long Japan ETP Securities | 37.51% | 27.74% | 0.10% | 34.83% | 0.88% |
Correlation
The correlation between IUS4.DE and 3JPN.DE is 0.78, 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 | 0.78 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Sep 14, 2022 | 0.76 |
The correlation between IUS4.DE and 3JPN.DE has been stable across timeframes, ranging from 0.76 to 0.78 - a consistent structural relationship.
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Return for Risk
IUS4.DE vs. 3JPN.DE — Risk / Return Rank
IUS4.DE
3JPN.DE
IUS4.DE vs. 3JPN.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Japan Small Cap UCITS ETF (Dist) (IUS4.DE) and Leverage Shares 3x Long Japan ETP Securities (3JPN.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.
| IUS4.DE | 3JPN.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.56 | ||
| Sortino ratioReturn per unit of downside risk | +0.63 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.23 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.67 | 1.96 | +0.70 |
| Martin ratioReturn relative to average drawdown | 9.26 | 5.61 | +3.66 |
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
| IUS4.DE | 3JPN.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.69 | 1.13 | +0.56 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.55 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.47 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.50 | +0.06 |
Drawdowns
IUS4.DE vs. 3JPN.DE - Drawdown Comparison
The maximum IUS4.DE drawdown since its inception was -32.63%, smaller than the maximum 3JPN.DE drawdown of -51.65%. Use the drawdown chart below to compare losses from any high point for IUS4.DE and 3JPN.DE.
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Drawdown Indicators
| IUS4.DE | 3JPN.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.63% | -51.65% | +19.02% |
Max Drawdown (1Y)Largest decline over 1 year | -10.12% | -34.71% | +24.59% |
Max Drawdown (3Y)Largest decline over 3 years | -12.92% | -51.65% | +38.73% |
Max Drawdown (5Y)Largest decline over 5 years | -21.47% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -32.63% | — | — |
Current DrawdownCurrent decline from peak | -0.73% | -7.07% | +6.34% |
Average DrawdownAverage peak-to-trough decline | -6.41% | -14.56% | +8.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.92% | 12.19% | -9.27% |
Volatility
IUS4.DE vs. 3JPN.DE - Volatility Comparison
The current volatility for iShares MSCI Japan Small Cap UCITS ETF (Dist) (IUS4.DE) is 3.47%, while Leverage Shares 3x Long Japan ETP Securities (3JPN.DE) has a volatility of 11.68%. This indicates that IUS4.DE experiences smaller price fluctuations and is considered to be less risky than 3JPN.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IUS4.DE | 3JPN.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.47% | 11.68% | -8.21% |
Volatility (6M)Calculated over the trailing 6-month period | 13.58% | 48.68% | -35.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.94% | 60.28% | -44.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.91% | 52.77% | -37.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.94% | 52.77% | -36.83% |
IUS4.DE vs. 3JPN.DE - Expense Ratio Comparison
IUS4.DE has a 0.58% expense ratio, which is lower than 3JPN.DE's 0.75% expense ratio.
Dividends
IUS4.DE vs. 3JPN.DE - Dividend Comparison
IUS4.DE's dividend yield for the trailing twelve months is around 0.87%, while 3JPN.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
3JPN.DE Leverage Shares 3x Long Japan ETP Securities | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IUS4.DE iShares MSCI Japan Small Cap UCITS ETF (Dist) | 0.87% | 1.88% | 1.70% | 1.77% | 2.10% | 1.47% | 1.60% | 1.45% | 1.41% | 1.31% | 1.15% | 0.70% |
Frequently Asked Questions
IUS4.DE and 3JPN.DE have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IUS4.DE is cheaper at 0.58% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IUS4.DE is cheaper with a 0.58% expense ratio, compared with 0.75% for 3JPN.DE.
IUS4.DE is categorized as Japan Equities, while 3JPN.DE is Leveraged Equities. They also come from different issuers: iShares and Leverage Shares. Their fees differ too: 0.58% for IUS4.DE and 0.75% for 3JPN.DE.
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