JARI.DE vs. XDJE.DE

Last updated Jul 16, 2026

JARI.DE (Amundi Index MSCI Japan SRI PAB UCITS ETF DR (C)) and XDJE.DE (Xtrackers Nikkei 225 UCITS ETF EUR Hedged (Dist)) are both Japan Equities funds - JARI.DE tracks the TOPIX TR JPY while XDJE.DE tracks the Nikkei 225 Index (EUR Hedged). Both are passively managed. Over the past 5 years, JARI.DE returned 2.65%/yr vs 22.64%/yr for XDJE.DE. A 0.69 correlation means they provide meaningful diversification when combined. JARI.DE charges 0.18%/yr vs 0.19%/yr for XDJE.DE.

Performance

JARI.DE vs. XDJE.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi Index MSCI Japan SRI PAB UCITS ETF DR (C) (JARI.DE) and Xtrackers Nikkei 225 UCITS ETF EUR Hedged (Dist) (XDJE.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JARI.DE achieves a 11.15% return, which is significantly lower than XDJE.DE's 35.13% 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*: —

XDJE.DE

• 1D: -1.05%
• 1M: -2.39%
• 6M: 26.50%
• YTD: 35.13%
• 1Y: 73.85%
• 3Y*: 32.22%
• 5Y*: 22.64%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

JARI.DE vs. XDJE.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%
XDJE.DE Xtrackers Nikkei 225 UCITS ETF EUR Hedged (Dist)	35.13%	30.93%	23.55%	35.26%	-9.02%	5.24%	17.34%

Correlation

The correlation between JARI.DE and XDJE.DE is 0.66, 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	0.66
Correlation (3Y) Calculated over the trailing 3-year period	0.67
Correlation (5Y) Calculated over the trailing 5-year period	0.68
Correlation (All Time) Calculated using the full available price history since Oct 27, 2020	0.69

The correlation between JARI.DE and XDJE.DE has been stable across timeframes, ranging from 0.66 to 0.69 - a consistent structural relationship.

Return for Risk

JARI.DE vs. XDJE.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JARI.DE

JARI.DE Risk / Return Rank: 48
JARI.DE Sharpe Ratio Rank: 45
JARI.DE Sortino Ratio Rank: 47
JARI.DE Omega Ratio Rank: 44
JARI.DE Calmar Ratio Rank: 56
JARI.DE Martin Ratio Rank: 49

XDJE.DE

XDJE.DE Risk / Return Rank: 92
XDJE.DE Sharpe Ratio Rank: 93
XDJE.DE Sortino Ratio Rank: 92
XDJE.DE Omega Ratio Rank: 89
XDJE.DE Calmar Ratio Rank: 95
XDJE.DE Martin Ratio Rank: 92

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JARI.DE vs. XDJE.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 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.

	JARI.DE	XDJE.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.31	2.75	-1.44
Sortino ratio: Return per unit of downside risk	1.96	3.62	-1.66
Omega ratio: Gain probability vs. loss probability	1.24	1.45	-0.21
Calmar ratio: Return relative to maximum drawdown	2.32	5.75	-3.44
Martin ratio: Return relative to average drawdown	6.82	17.74	-10.92

JARI.DE vs. XDJE.DE - Sharpe Ratio Comparison

The current JARI.DE Sharpe Ratio is 1.31, which is lower than the XDJE.DE Sharpe Ratio of 2.75. The chart below compares the historical Sharpe Ratios of JARI.DE and XDJE.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

JARI.DE vs. XDJE.DE - Drawdown Comparison

The maximum JARI.DE drawdown since its inception was -23.16%, smaller than the maximum XDJE.DE drawdown of -32.45%. Use the drawdown chart below to compare losses from any high point for JARI.DE and XDJE.DE.

Drawdown Indicators

	JARI.DE	XDJE.DE	Difference
Max Drawdown Largest peak-to-trough decline	-23.16%	-32.45%	+9.29%
Max Drawdown (1Y) Largest decline over 1 year	-10.21%	-12.77%	+2.56%
Max Drawdown (3Y) Largest decline over 3 years	-15.32%	-22.87%	+7.55%
Max Drawdown (5Y) Largest decline over 5 years	-23.16%	-22.87%	-0.29%
Current Drawdown Current decline from peak	0.00%	-7.26%	+7.26%
Average Drawdown Average peak-to-trough decline	-11.31%	-6.08%	-5.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.46%	4.15%	-0.69%

Volatility

JARI.DE vs. XDJE.DE - Volatility Comparison

The current volatility for Amundi Index MSCI Japan SRI PAB UCITS ETF DR (C) (JARI.DE) is 4.85%, while Xtrackers Nikkei 225 UCITS ETF EUR Hedged (Dist) (XDJE.DE) has a volatility of 9.75%. This indicates that JARI.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.

Volatility by Period

	JARI.DE	XDJE.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.85%	9.75%	-4.90%
Volatility (6M) Calculated over the trailing 6-month period	14.23%	21.15%	-6.92%
Volatility (1Y) Calculated over the trailing 1-year period	18.02%	26.67%	-8.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.09%	21.16%	-5.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.16%	22.04%	-5.88%

JARI.DE vs. XDJE.DE - Expense Ratio Comparison

JARI.DE has a 0.18% expense ratio, which is lower than XDJE.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. XDJE.DE - Dividend Comparison

JARI.DE has not paid dividends to shareholders, while XDJE.DE's dividend yield for the trailing twelve months is around 0.81%.

Position	TTM	2025	2024	2023	2022	2021	2020
JARI.DE Amundi Index MSCI Japan SRI PAB UCITS ETF DR (C)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XDJE.DE Xtrackers Nikkei 225 UCITS ETF EUR Hedged (Dist)	0.81%	1.11%	1.21%	1.32%	2.27%	1.08%	1.00%

Frequently Asked Questions

Can I hold both JARI.DE and XDJE.DE in my portfolio?

JARI.DE and XDJE.DE have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JARI.DE or XDJE.DE?

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.

Which ETF is cheaper, JARI.DE or XDJE.DE?

JARI.DE is cheaper with a 0.18% expense ratio, compared with 0.19% for XDJE.DE.

What is the main difference between JARI.DE and XDJE.DE?

JARI.DE tracks TOPIX TR JPY, while XDJE.DE tracks Nikkei 225 Index (EUR Hedged). They also come from different issuers: Amundi and Xtrackers. Their fees differ too: 0.18% for JARI.DE and 0.19% for XDJE.DE.