J1GR.DE vs. SMLN.DE
J1GR.DE (Amundi MSCI Japan ESG Climate Net Zero Ambition CTB UCITS ETF EUR) and SMLN.DE (Invesco JPX-Nikkei 400 UCITS ETF) are both Japan Equities funds - J1GR.DE tracks the MSCI Japan ESG Broad CTB Select while SMLN.DE tracks the JPX-Nikkei 400. Both are passively managed. Over the past 10 years, J1GR.DE returned 8.57%/yr vs 8.93%/yr for SMLN.DE. With a 0.98 correlation, they move nearly in lockstep. J1GR.DE charges 0.45%/yr vs 0.19%/yr for SMLN.DE.
Performance
J1GR.DE vs. SMLN.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with J1GR.DE having a 16.49% return and SMLN.DE slightly lower at 15.87%. Both investments have delivered pretty close results over the past 10 years, with J1GR.DE having a 8.57% annualized return and SMLN.DE not far ahead at 8.93%.
J1GR.DE
- 1D
- -0.06%
- 1M
- 4.23%
- YTD
- 16.49%
- 6M
- 16.45%
- 1Y
- 31.08%
- 3Y*
- 13.87%
- 5Y*
- 8.97%
- 10Y*
- 8.57%
SMLN.DE
- 1D
- -0.49%
- 1M
- 2.39%
- YTD
- 15.87%
- 6M
- 15.98%
- 1Y
- 29.39%
- 3Y*
- 14.96%
- 5Y*
- 9.82%
- 10Y*
- 8.93%
J1GR.DE vs. SMLN.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
J1GR.DE Amundi MSCI Japan ESG Climate Net Zero Ambition CTB UCITS ETF EUR | 16.49% | 11.73% | 11.30% | 14.89% | -12.68% | 9.69% | 4.87% | 22.18% | -10.16% | 9.06% |
SMLN.DE Invesco JPX-Nikkei 400 UCITS ETF | 15.87% | 12.69% | 12.93% | 16.15% | -11.17% | 8.51% | 4.78% | 22.29% | -10.60% | 9.59% |
Correlation
The correlation between J1GR.DE and SMLN.DE is 0.95, 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 | 0.95 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.96 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.97 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.98 |
Correlation (All Time) Calculated using the full available price history since Sep 16, 2014 | 0.98 |
The correlation between J1GR.DE and SMLN.DE has been stable across timeframes, ranging from 0.95 to 0.98 - a consistent structural relationship.
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Return for Risk
J1GR.DE vs. SMLN.DE — Risk / Return Rank
J1GR.DE
SMLN.DE
J1GR.DE vs. SMLN.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI Japan ESG Climate Net Zero Ambition CTB UCITS ETF EUR (J1GR.DE) and Invesco JPX-Nikkei 400 UCITS ETF (SMLN.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.
| J1GR.DE | SMLN.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.02 | ||
| Sortino ratioReturn per unit of downside risk | 0.00 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.30 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.60 | 2.99 | -0.39 |
| Martin ratioReturn relative to average drawdown | 8.77 | 9.93 | -1.15 |
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
| J1GR.DE | SMLN.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.54 | 1.56 | -0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.53 | 0.60 | -0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.52 | 0.55 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.51 | -0.05 |
Drawdowns
J1GR.DE vs. SMLN.DE - Drawdown Comparison
The maximum J1GR.DE drawdown since its inception was -27.81%, roughly equal to the maximum SMLN.DE drawdown of -28.42%. Use the drawdown chart below to compare losses from any high point for J1GR.DE and SMLN.DE.
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Drawdown Indicators
| J1GR.DE | SMLN.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.81% | -28.42% | +0.61% |
Max Drawdown (1Y)Largest decline over 1 year | -11.45% | -9.43% | -2.02% |
Max Drawdown (3Y)Largest decline over 3 years | -17.22% | -15.55% | -1.67% |
Max Drawdown (5Y)Largest decline over 5 years | -19.28% | -19.85% | +0.57% |
Max Drawdown (10Y)Largest decline over 10 years | -27.81% | -28.42% | +0.61% |
Current DrawdownCurrent decline from peak | -0.06% | -0.49% | +0.43% |
Average DrawdownAverage peak-to-trough decline | -7.33% | -6.03% | -1.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.40% | 2.84% | +0.56% |
Volatility
J1GR.DE vs. SMLN.DE - Volatility Comparison
Amundi MSCI Japan ESG Climate Net Zero Ambition CTB UCITS ETF EUR (J1GR.DE) has a higher volatility of 4.06% compared to Invesco JPX-Nikkei 400 UCITS ETF (SMLN.DE) at 3.44%. This indicates that J1GR.DE's price experiences larger fluctuations and is considered to be riskier than SMLN.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| J1GR.DE | SMLN.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.06% | 3.44% | +0.62% |
Volatility (6M)Calculated over the trailing 6-month period | 15.51% | 14.75% | +0.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.39% | 18.07% | +1.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.82% | 16.12% | +0.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.43% | 16.22% | +0.21% |
J1GR.DE vs. SMLN.DE - Expense Ratio Comparison
J1GR.DE has a 0.45% expense ratio, which is higher than SMLN.DE's 0.19% expense ratio.
Dividends
J1GR.DE vs. SMLN.DE - Dividend Comparison
Neither J1GR.DE nor SMLN.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.95, J1GR.DE and SMLN.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, SMLN.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SMLN.DE is cheaper with a 0.19% expense ratio, compared with 0.45% for J1GR.DE.
J1GR.DE tracks MSCI Japan ESG Broad CTB Select, while SMLN.DE tracks JPX-Nikkei 400. They also come from different issuers: Amundi and Invesco. Their fees differ too: 0.45% for J1GR.DE and 0.19% for SMLN.DE.
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