JNHD.DE vs. XDJP.DE
JNHD.DE (Amundi Core MSCI Japan UCITS ETF EUR Hedged (Dist)) and XDJP.DE (Xtrackers Nikkei 225 UCITS ETF 1D) are both Japan Equities funds - JNHD.DE tracks the MSCI Japan Index (EUR Hedged) while XDJP.DE tracks the TOPIX TR JPY. Both are passively managed. Over the past 5 years, JNHD.DE returned 19.50%/yr vs 13.43%/yr for XDJP.DE. A 0.79 correlation means they provide meaningful diversification when combined. JNHD.DE charges 0.20%/yr vs 0.09%/yr for XDJP.DE.
Performance
JNHD.DE vs. XDJP.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, JNHD.DE achieves a 21.67% return, which is significantly lower than XDJP.DE's 38.03% return.
JNHD.DE
- 1D
- 1.32%
- 1M
- 1.97%
- 6M
- 21.32%
- YTD
- 21.67%
- 1Y
- 48.96%
- 3Y*
- 26.37%
- 5Y*
- 19.50%
- 10Y*
- —
XDJP.DE
- 1D
- 1.32%
- 1M
- 3.00%
- 6M
- 37.89%
- YTD
- 38.03%
- 1Y
- 62.97%
- 3Y*
- 23.26%
- 5Y*
- 13.43%
- 10Y*
- 12.46%
JNHD.DE vs. XDJP.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
JNHD.DE Amundi Core MSCI Japan UCITS ETF EUR Hedged (Dist) | 21.67% | 27.52% | 23.21% | 32.66% | -7.11% | 11.87% | 12.61% |
XDJP.DE Xtrackers Nikkei 225 UCITS ETF 1D | 38.03% | 16.25% | 14.41% | 18.07% | -15.32% | 3.32% | 15.62% |
Correlation
The correlation between JNHD.DE and XDJP.DE is 0.83, 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 | 0.83 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.81 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.79 |
Correlation (All Time) Calculated using the full available price history since Sep 17, 2020 | 0.79 |
The correlation between JNHD.DE and XDJP.DE has been stable across timeframes, ranging from 0.79 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
JNHD.DE vs. XDJP.DE — Risk / Return Rank
JNHD.DE
XDJP.DE
JNHD.DE vs. XDJP.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Core MSCI Japan UCITS ETF EUR Hedged (Dist) (JNHD.DE) and Xtrackers Nikkei 225 UCITS ETF 1D (XDJP.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.
| JNHD.DE | XDJP.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.13 | ||
| Sortino ratioReturn per unit of downside risk | -0.13 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.41 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 5.06 | 4.88 | +0.18 |
| Martin ratioReturn relative to average drawdown | 17.06 | 14.57 | +2.49 |
Loading charts...
Drawdowns
JNHD.DE vs. XDJP.DE - Drawdown Comparison
The maximum JNHD.DE drawdown since its inception was -21.83%, smaller than the maximum XDJP.DE drawdown of -29.12%. Use the drawdown chart below to compare losses from any high point for JNHD.DE and XDJP.DE.
Loading charts...
Drawdown Indicators
| JNHD.DE | XDJP.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.83% | -29.12% | +7.29% |
Max Drawdown (1Y)Largest decline over 1 year | -9.62% | -12.83% | +3.21% |
Max Drawdown (3Y)Largest decline over 3 years | -21.83% | -20.16% | -1.67% |
Max Drawdown (5Y)Largest decline over 5 years | -21.83% | -21.14% | -0.69% |
Max Drawdown (10Y)Largest decline over 10 years | — | -29.12% | — |
Current DrawdownCurrent decline from peak | -2.61% | -4.37% | +1.76% |
Average DrawdownAverage peak-to-trough decline | -4.17% | -6.76% | +2.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.86% | 4.30% | -1.44% |
Volatility
JNHD.DE vs. XDJP.DE - Volatility Comparison
The current volatility for Amundi Core MSCI Japan UCITS ETF EUR Hedged (Dist) (JNHD.DE) is 6.69%, while Xtrackers Nikkei 225 UCITS ETF 1D (XDJP.DE) has a volatility of 9.56%. This indicates that JNHD.DE experiences smaller price fluctuations and is considered to be less risky than XDJP.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JNHD.DE | XDJP.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.69% | 9.56% | -2.87% |
Volatility (6M)Calculated over the trailing 6-month period | 15.94% | 20.17% | -4.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.45% | 24.92% | -4.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.83% | 18.99% | -0.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.36% | 17.91% | +0.45% |
JNHD.DE vs. XDJP.DE - Expense Ratio Comparison
JNHD.DE has a 0.20% expense ratio, which is higher than XDJP.DE's 0.09% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
JNHD.DE vs. XDJP.DE - Dividend Comparison
JNHD.DE's dividend yield for the trailing twelve months is around 1.49%, more than XDJP.DE's 0.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JNHD.DE Amundi Core MSCI Japan UCITS ETF EUR Hedged (Dist) | 1.49% | 1.82% | 1.85% | 1.72% | 2.52% | 1.83% | 0.78% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XDJP.DE Xtrackers Nikkei 225 UCITS ETF 1D | 0.99% | 1.36% | 1.38% | 1.59% | 2.60% | 1.16% | 1.14% | 1.11% | 1.28% | 0.75% | 0.89% | 0.16% |
Frequently Asked Questions
JNHD.DE and XDJP.DE have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDJP.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDJP.DE is cheaper with a 0.09% expense ratio, compared with 0.20% for JNHD.DE.
JNHD.DE tracks MSCI Japan Index (EUR Hedged), while XDJP.DE tracks TOPIX TR JPY. They also come from different issuers: Amundi and Xtrackers. Their fees differ too: 0.20% for JNHD.DE and 0.09% for XDJP.DE.
Find the right allocation for JNHD.DE and XDJP.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