JARI.DE vs. NS4E.DE
JARI.DE (Amundi Index MSCI Japan SRI PAB UCITS ETF DR (C)) and NS4E.DE (Invesco JPX-Nikkei 400 UCITS ETF (EUR Hdg)) are both Japan Equities funds - JARI.DE tracks the TOPIX TR JPY while NS4E.DE tracks the JPX-Nikkei Index 400. Both are passively managed. Over the past 5 years, JARI.DE returned 2.65%/yr vs 20.14%/yr for NS4E.DE. A 0.74 correlation means they provide meaningful diversification when combined. JARI.DE charges 0.18%/yr vs 0.19%/yr for NS4E.DE.
Performance
JARI.DE vs. NS4E.DE - Performance Comparison
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Returns By Period
In the year-to-date period, JARI.DE achieves a 11.15% return, which is significantly lower than NS4E.DE's 20.29% return.
JARI.DE
- 1D
- 0.00%
- 1M
- 6.65%
- 6M
- 6.89%
- YTD
- 11.15%
- 1Y
- 23.56%
- 3Y*
- 6.19%
- 5Y*
- 2.65%
- 10Y*
- —
NS4E.DE
- 1D
- -1.03%
- 1M
- 1.65%
- 6M
- 13.30%
- YTD
- 20.29%
- 1Y
- 47.35%
- 3Y*
- 26.88%
- 5Y*
- 20.14%
- 10Y*
- 14.29%
JARI.DE vs. NS4E.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
JARI.DE Amundi Index MSCI Japan SRI PAB UCITS ETF DR (C) | 11.15% | 5.73% | 2.11% | 6.93% | -15.65% | 8.08% | 13.45% |
NS4E.DE Invesco JPX-Nikkei 400 UCITS ETF (EUR Hdg) | 20.29% | 27.33% | 22.81% | 33.35% | -4.26% | 10.90% | 12.60% |
Correlation
The correlation between JARI.DE and NS4E.DE is 0.80, 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 | 0.80 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.75 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.73 |
Correlation (All Time) Calculated using the full available price history since Oct 27, 2020 | 0.74 |
The correlation between JARI.DE and NS4E.DE has been stable across timeframes, ranging from 0.73 to 0.80 - a consistent structural relationship.
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Return for Risk
JARI.DE vs. NS4E.DE — Risk / Return Rank
JARI.DE
NS4E.DE
JARI.DE vs. NS4E.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Index MSCI Japan SRI PAB UCITS ETF DR (C) (JARI.DE) and Invesco JPX-Nikkei 400 UCITS ETF (EUR Hdg) (NS4E.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.
| JARI.DE | NS4E.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.11 | ||
| Sortino ratioReturn per unit of downside risk | -1.38 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.44 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 2.32 | 4.91 | -2.60 |
| Martin ratioReturn relative to average drawdown | 6.82 | 16.90 | -10.08 |
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Drawdowns
JARI.DE vs. NS4E.DE - Drawdown Comparison
The maximum JARI.DE drawdown since its inception was -23.16%, smaller than the maximum NS4E.DE drawdown of -35.32%. Use the drawdown chart below to compare losses from any high point for JARI.DE and NS4E.DE.
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Drawdown Indicators
| JARI.DE | NS4E.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.16% | -35.32% | +12.16% |
Max Drawdown (1Y)Largest decline over 1 year | -10.21% | -9.59% | -0.62% |
Max Drawdown (3Y)Largest decline over 3 years | -15.32% | -20.96% | +5.64% |
Max Drawdown (5Y)Largest decline over 5 years | -23.16% | -20.96% | -2.20% |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.32% | — |
Current DrawdownCurrent decline from peak | 0.00% | -2.02% | +2.02% |
Average DrawdownAverage peak-to-trough decline | -11.31% | -8.00% | -3.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.46% | 2.79% | +0.67% |
Volatility
JARI.DE vs. NS4E.DE - Volatility Comparison
The current volatility for Amundi Index MSCI Japan SRI PAB UCITS ETF DR (C) (JARI.DE) is 4.85%, while Invesco JPX-Nikkei 400 UCITS ETF (EUR Hdg) (NS4E.DE) has a volatility of 5.89%. This indicates that JARI.DE experiences smaller price fluctuations and is considered to be less risky than NS4E.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JARI.DE | NS4E.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.85% | 5.89% | -1.04% |
Volatility (6M)Calculated over the trailing 6-month period | 14.23% | 15.50% | -1.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.02% | 19.46% | -1.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.09% | 18.19% | -2.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.16% | 18.19% | -2.03% |
JARI.DE vs. NS4E.DE - Expense Ratio Comparison
JARI.DE has a 0.18% expense ratio, which is lower than NS4E.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
JARI.DE vs. NS4E.DE - Dividend Comparison
Neither JARI.DE nor NS4E.DE has paid dividends to shareholders.
Frequently Asked Questions
JARI.DE and NS4E.DE have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JARI.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JARI.DE is cheaper with a 0.18% expense ratio, compared with 0.19% for NS4E.DE.
JARI.DE tracks TOPIX TR JPY, while NS4E.DE tracks JPX-Nikkei Index 400. They also come from different issuers: Amundi and Invesco. Their fees differ too: 0.18% for JARI.DE and 0.19% for NS4E.DE.
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