IUS4.DE vs. XM1D.DE
IUS4.DE (iShares MSCI Japan Small Cap UCITS ETF (Dist)) and XM1D.DE (Xtrackers MSCI Japan UCITS ETF) are both Japan Equities funds - IUS4.DE tracks the MSCI Japan Small Cap while XM1D.DE tracks the MSCI Japan. Both are passively managed. Over the past 3 years, IUS4.DE returned 17.18%/yr vs 17.45%/yr for XM1D.DE. Their correlation of 0.82 suggests significant overlap in exposure. IUS4.DE charges 0.58%/yr vs 0.12%/yr for XM1D.DE.
Performance
IUS4.DE vs. XM1D.DE - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with IUS4.DE having a 19.30% return and XM1D.DE slightly higher at 19.51%.
IUS4.DE
- 1D
- 0.76%
- 1M
- 2.78%
- YTD
- 19.30%
- 6M
- 19.76%
- 1Y
- 34.48%
- 3Y*
- 17.18%
- 5Y*
- 8.87%
- 10Y*
- 8.07%
XM1D.DE
- 1D
- 0.00%
- 1M
- 2.82%
- YTD
- 19.51%
- 6M
- 19.67%
- 1Y
- 37.82%
- 3Y*
- 17.45%
- 5Y*
- —
- 10Y*
- —
IUS4.DE vs. XM1D.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
IUS4.DE iShares MSCI Japan Small Cap UCITS ETF (Dist) | 19.30% | 15.97% | 9.46% | 5.63% |
XM1D.DE Xtrackers MSCI Japan UCITS ETF | 19.51% | 12.60% | 13.72% | -86.78% |
Correlation
The correlation between IUS4.DE and XM1D.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 | 0.83 |
Correlation (All Time) Calculated using the full available price history since Mar 8, 2023 | 0.82 |
The correlation between IUS4.DE and XM1D.DE has been stable across timeframes, ranging from 0.78 to 0.83 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IUS4.DE vs. XM1D.DE — Risk / Return Rank
IUS4.DE
XM1D.DE
IUS4.DE vs. XM1D.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 MSCI Japan UCITS ETF (XM1D.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 | XM1D.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.79 | ||
| Sortino ratioReturn per unit of downside risk | +0.99 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.34 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 3.40 | 2.50 | +0.90 |
| Martin ratioReturn relative to average drawdown | 11.73 | 5.53 | +6.20 |
Loading charts...
Drawdowns
IUS4.DE vs. XM1D.DE - Drawdown Comparison
The maximum IUS4.DE drawdown since its inception was -51.61%, smaller than the maximum XM1D.DE drawdown of -88.37%. Use the drawdown chart below to compare losses from any high point for IUS4.DE and XM1D.DE.
Loading charts...
Drawdown Indicators
| IUS4.DE | XM1D.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.61% | -88.37% | +36.76% |
Max Drawdown (1Y)Largest decline over 1 year | -10.11% | -15.14% | +5.03% |
Max Drawdown (3Y)Largest decline over 3 years | -12.92% | -16.92% | +4.00% |
Max Drawdown (5Y)Largest decline over 5 years | -21.46% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -32.62% | — | — |
Current DrawdownCurrent decline from peak | -0.21% | -79.76% | +79.55% |
Average DrawdownAverage peak-to-trough decline | -15.06% | -84.93% | +69.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.93% | 6.84% | -3.91% |
Volatility
IUS4.DE vs. XM1D.DE - Volatility Comparison
The current volatility for iShares MSCI Japan Small Cap UCITS ETF (Dist) (IUS4.DE) is 3.82%, while Xtrackers MSCI Japan UCITS ETF (XM1D.DE) has a volatility of 6.26%. This indicates that IUS4.DE experiences smaller price fluctuations and is considered to be less risky than XM1D.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IUS4.DE | XM1D.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.82% | 6.26% | -2.44% |
Volatility (6M)Calculated over the trailing 6-month period | 13.84% | 16.10% | -2.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.24% | 28.50% | -12.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.97% | 52.46% | -37.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.92% | 52.46% | -36.54% |
IUS4.DE vs. XM1D.DE - Expense Ratio Comparison
IUS4.DE has a 0.58% expense ratio, which is higher than XM1D.DE's 0.12% expense ratio.
Dividends
IUS4.DE vs. XM1D.DE - Dividend Comparison
IUS4.DE's dividend yield for the trailing twelve months is around 1.62%, more than XM1D.DE's 1.45% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IUS4.DE iShares MSCI Japan Small Cap UCITS ETF (Dist) | 1.62% | 1.88% | 1.70% | 1.77% | 2.10% | 1.47% | 1.60% | 1.45% | 1.41% | 1.31% | 1.15% | 0.70% |
XM1D.DE Xtrackers MSCI Japan UCITS ETF | 1.45% | 1.71% | 2.68% | 1.64% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IUS4.DE and XM1D.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, XM1D.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XM1D.DE is cheaper with a 0.12% expense ratio, compared with 0.58% for IUS4.DE.
IUS4.DE tracks MSCI Japan Small Cap, while XM1D.DE tracks MSCI Japan. They also come from different issuers: iShares and Xtrackers. Their fees differ too: 0.58% for IUS4.DE and 0.12% for XM1D.DE.
Find the right allocation for IUS4.DE and XM1D.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer