JP40.DE vs. AW15.DE
JP40.DE (Amundi JPX Nikkei 400 UCITS ETF EUR) and AW15.DE (UBS ETF (IE) MSCI Japan Climate Paris Aligned UCITS ETF (JPY) Acc) are both Japan Equities funds - JP40.DE tracks the JPX-Nikkei 400 while AW15.DE tracks the MSCI Japan Climate Paris Aligned. Both are passively managed. Over the past 5 years, JP40.DE returned 9.88%/yr vs 3.15%/yr for AW15.DE. Their correlation of 0.88 suggests significant overlap in exposure. JP40.DE charges 0.18%/yr vs 0.12%/yr for AW15.DE.
Performance
JP40.DE vs. AW15.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, JP40.DE achieves a 16.15% return, which is significantly higher than AW15.DE's 8.65% return.
JP40.DE
- 1D
- -0.23%
- 1M
- 2.36%
- YTD
- 16.15%
- 6M
- 16.10%
- 1Y
- 29.23%
- 3Y*
- 14.99%
- 5Y*
- 9.88%
- 10Y*
- 8.93%
AW15.DE
- 1D
- -1.40%
- 1M
- 0.24%
- YTD
- 8.65%
- 6M
- 7.80%
- 1Y
- 22.36%
- 3Y*
- 6.95%
- 5Y*
- 3.15%
- 10Y*
- —
JP40.DE vs. AW15.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
JP40.DE Amundi JPX Nikkei 400 UCITS ETF EUR | 16.15% | 12.78% | 13.18% | 15.77% | -11.05% | 2.09% |
AW15.DE UBS ETF (IE) MSCI Japan Climate Paris Aligned UCITS ETF (JPY) Acc | 8.65% | 10.45% | 2.67% | 12.34% | -19.88% | 2.52% |
Correlation
The correlation between JP40.DE and AW15.DE is 0.81, 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 | 0.81 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.85 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.88 |
Correlation (All Time) Calculated using the full available price history since Apr 1, 2021 | 0.88 |
The correlation between JP40.DE and AW15.DE has been stable across timeframes, ranging from 0.81 to 0.88 - 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
JP40.DE vs. AW15.DE — Risk / Return Rank
JP40.DE
AW15.DE
JP40.DE vs. AW15.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi JPX Nikkei 400 UCITS ETF EUR (JP40.DE) and UBS ETF (IE) MSCI Japan Climate Paris Aligned UCITS ETF (JPY) Acc (AW15.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.
| JP40.DE | AW15.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.47 | ||
| Sortino ratioReturn per unit of downside risk | +0.60 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.21 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 3.03 | 1.87 | +1.16 |
| Martin ratioReturn relative to average drawdown | 10.04 | 6.07 | +3.98 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| JP40.DE | AW15.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.58 | 1.11 | +0.47 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.59 | 0.19 | +0.40 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.54 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.15 | +0.31 |
Drawdowns
JP40.DE vs. AW15.DE - Drawdown Comparison
The maximum JP40.DE drawdown since its inception was -28.51%, which is greater than AW15.DE's maximum drawdown of -27.14%. Use the drawdown chart below to compare losses from any high point for JP40.DE and AW15.DE.
Loading charts...
Drawdown Indicators
| JP40.DE | AW15.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.51% | -27.14% | -1.37% |
Max Drawdown (1Y)Largest decline over 1 year | -9.43% | -11.48% | +2.05% |
Max Drawdown (3Y)Largest decline over 3 years | -15.82% | -17.61% | +1.79% |
Max Drawdown (5Y)Largest decline over 5 years | -19.66% | -27.14% | +7.48% |
Max Drawdown (10Y)Largest decline over 10 years | -28.51% | — | — |
Current DrawdownCurrent decline from peak | -0.23% | -1.40% | +1.17% |
Average DrawdownAverage peak-to-trough decline | -6.10% | -12.19% | +6.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.85% | 3.55% | -0.70% |
Volatility
JP40.DE vs. AW15.DE - Volatility Comparison
The current volatility for Amundi JPX Nikkei 400 UCITS ETF EUR (JP40.DE) is 3.29%, while UBS ETF (IE) MSCI Japan Climate Paris Aligned UCITS ETF (JPY) Acc (AW15.DE) has a volatility of 4.43%. This indicates that JP40.DE experiences smaller price fluctuations and is considered to be less risky than AW15.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JP40.DE | AW15.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.29% | 4.43% | -1.14% |
Volatility (6M)Calculated over the trailing 6-month period | 14.70% | 15.05% | -0.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.10% | 19.33% | -1.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.56% | 16.47% | +0.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.50% | 16.42% | +0.08% |
JP40.DE vs. AW15.DE - Expense Ratio Comparison
JP40.DE has a 0.18% expense ratio, which is higher than AW15.DE's 0.12% 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
JP40.DE vs. AW15.DE - Dividend Comparison
Neither JP40.DE nor AW15.DE has paid dividends to shareholders.
Frequently Asked Questions
JP40.DE and AW15.DE have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AW15.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AW15.DE is cheaper with a 0.12% expense ratio, compared with 0.18% for JP40.DE.
JP40.DE tracks JPX-Nikkei 400, while AW15.DE tracks MSCI Japan Climate Paris Aligned. They also come from different issuers: Amundi and UBS. Their fees differ too: 0.18% for JP40.DE and 0.12% for AW15.DE.
Find the right allocation for JP40.DE and AW15.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