IUS4.DE vs. XDJE.DE
IUS4.DE (iShares MSCI Japan Small Cap UCITS ETF (Dist)) and XDJE.DE (Xtrackers Nikkei 225 UCITS ETF EUR Hedged (Dist)) are both Japan Equities funds - IUS4.DE tracks the MSCI Japan Small Cap while XDJE.DE tracks the Nikkei 225 Index (EUR Hedged). Both are passively managed. Over the past 5 years, IUS4.DE returned 8.56%/yr vs 22.64%/yr for XDJE.DE. A 0.64 correlation means they provide meaningful diversification when combined. IUS4.DE charges 0.58%/yr vs 0.19%/yr for XDJE.DE.
Performance
IUS4.DE vs. XDJE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IUS4.DE achieves a 18.57% return, which is significantly lower than XDJE.DE's 35.13% return.
IUS4.DE
- 1D
- -0.77%
- 1M
- 2.81%
- 6M
- 13.89%
- YTD
- 18.57%
- 1Y
- 33.19%
- 3Y*
- 16.91%
- 5Y*
- 8.56%
- 10Y*
- 7.62%
XDJE.DE
- 1D
- -1.05%
- 1M
- -2.39%
- 6M
- 26.50%
- YTD
- 35.13%
- 1Y
- 73.85%
- 3Y*
- 32.22%
- 5Y*
- 22.64%
- 10Y*
- —
IUS4.DE vs. XDJE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
IUS4.DE iShares MSCI Japan Small Cap UCITS ETF (Dist) | 18.57% | 15.97% | 9.46% | 9.42% | -7.68% | 5.35% | -2.08% | 21.73% | -7.89% |
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 IUS4.DE and XDJE.DE is 0.60, 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 | 0.60 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.58 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.59 |
Correlation (All Time) Calculated using the full available price history since Nov 6, 2018 | 0.64 |
The correlation between IUS4.DE and XDJE.DE has been stable across timeframes, ranging from 0.58 to 0.64 - a consistent structural relationship.
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Return for Risk
IUS4.DE vs. XDJE.DE — Risk / Return Rank
IUS4.DE
XDJE.DE
IUS4.DE vs. XDJE.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 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.
| IUS4.DE | XDJE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.76 | ||
| Sortino ratioReturn per unit of downside risk | -0.78 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.45 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 3.27 | 5.75 | -2.48 |
| Martin ratioReturn relative to average drawdown | 11.26 | 17.74 | -6.48 |
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Drawdowns
IUS4.DE vs. XDJE.DE - Drawdown Comparison
The maximum IUS4.DE drawdown since its inception was -51.61%, 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 IUS4.DE and XDJE.DE.
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Drawdown Indicators
| IUS4.DE | XDJE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.61% | -32.45% | -19.16% |
Max Drawdown (1Y)Largest decline over 1 year | -10.11% | -12.77% | +2.66% |
Max Drawdown (3Y)Largest decline over 3 years | -12.92% | -22.87% | +9.95% |
Max Drawdown (5Y)Largest decline over 5 years | -21.46% | -22.87% | +1.41% |
Max Drawdown (10Y)Largest decline over 10 years | -32.62% | — | — |
Current DrawdownCurrent decline from peak | -2.30% | -7.26% | +4.96% |
Average DrawdownAverage peak-to-trough decline | -15.02% | -6.08% | -8.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.94% | 4.15% | -1.21% |
Volatility
IUS4.DE vs. XDJE.DE - Volatility Comparison
The current volatility for iShares MSCI Japan Small Cap UCITS ETF (Dist) (IUS4.DE) is 4.62%, while Xtrackers Nikkei 225 UCITS ETF EUR Hedged (Dist) (XDJE.DE) has a volatility of 9.75%. This indicates that IUS4.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
| IUS4.DE | XDJE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.62% | 9.75% | -5.13% |
Volatility (6M)Calculated over the trailing 6-month period | 14.05% | 21.15% | -7.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.56% | 26.67% | -10.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.97% | 21.16% | -6.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.94% | 22.04% | -6.10% |
IUS4.DE vs. XDJE.DE - Expense Ratio Comparison
IUS4.DE has a 0.58% expense ratio, which is higher than XDJE.DE's 0.19% expense ratio.
Dividends
IUS4.DE vs. XDJE.DE - Dividend Comparison
IUS4.DE's dividend yield for the trailing twelve months is around 0.85%, more than XDJE.DE's 0.81% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IUS4.DE iShares MSCI Japan Small Cap UCITS ETF (Dist) | 0.85% | 1.88% | 1.70% | 1.77% | 2.10% | 1.47% | 1.60% | 1.45% | 1.41% | 1.31% | 1.15% | 0.70% |
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% | 0.00% | 0.00% |
Frequently Asked Questions
IUS4.DE and XDJE.DE have a correlation of 0.60, 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 0.58% for IUS4.DE.
IUS4.DE tracks MSCI Japan Small Cap, while XDJE.DE tracks Nikkei 225 Index (EUR Hedged). They also come from different issuers: iShares and Xtrackers. Their fees differ too: 0.58% for IUS4.DE and 0.19% for XDJE.DE.
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