JP40.DE vs. EDMJ.DE
JP40.DE (Amundi JPX Nikkei 400 UCITS ETF EUR) and EDMJ.DE (iShares MSCI Japan ESG Enhanced UCITS ETF USD Acc) are both Japan Equities funds - JP40.DE tracks the JPX-Nikkei 400 while EDMJ.DE tracks the MSCI Japan ESG Enhanced Focus. Both are passively managed. Over the past 5 years, JP40.DE returned 9.88%/yr vs 9.20%/yr for EDMJ.DE. Their correlation of 0.95 suggests significant overlap in exposure. JP40.DE charges 0.18%/yr vs 0.15%/yr for EDMJ.DE.
Performance
JP40.DE vs. EDMJ.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with JP40.DE having a 16.15% return and EDMJ.DE slightly higher at 16.26%.
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%
EDMJ.DE
- 1D
- -0.37%
- 1M
- 2.41%
- YTD
- 16.26%
- 6M
- 16.83%
- 1Y
- 32.00%
- 3Y*
- 14.20%
- 5Y*
- 9.20%
- 10Y*
- —
JP40.DE vs. EDMJ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
JP40.DE Amundi JPX Nikkei 400 UCITS ETF EUR | 16.15% | 12.78% | 13.18% | 15.77% | -11.05% | 8.49% | 4.79% | 10.56% |
EDMJ.DE iShares MSCI Japan ESG Enhanced UCITS ETF USD Acc | 16.26% | 12.89% | 10.91% | 15.92% | -13.20% | 9.60% | 5.87% | 12.14% |
Correlation
The correlation between JP40.DE and EDMJ.DE is 0.91, 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 | 0.91 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.92 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.93 |
Correlation (All Time) Calculated using the full available price history since Apr 23, 2019 | 0.95 |
The correlation between JP40.DE and EDMJ.DE has been stable across timeframes, ranging from 0.91 to 0.95 - a consistent structural relationship.
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Return for Risk
JP40.DE vs. EDMJ.DE — Risk / Return Rank
JP40.DE
EDMJ.DE
JP40.DE vs. EDMJ.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 iShares MSCI Japan ESG Enhanced UCITS ETF USD Acc (EDMJ.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 | EDMJ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.03 | ||
| Sortino ratioReturn per unit of downside risk | -0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.31 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 3.03 | 2.92 | +0.12 |
| Martin ratioReturn relative to average drawdown | 10.04 | 9.83 | +0.21 |
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
| JP40.DE | EDMJ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.58 | 1.61 | -0.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.59 | 0.55 | +0.04 |
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 | 0.54 | -0.07 |
Drawdowns
JP40.DE vs. EDMJ.DE - Drawdown Comparison
The maximum JP40.DE drawdown since its inception was -28.51%, roughly equal to the maximum EDMJ.DE drawdown of -27.95%. Use the drawdown chart below to compare losses from any high point for JP40.DE and EDMJ.DE.
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Drawdown Indicators
| JP40.DE | EDMJ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.51% | -27.95% | -0.56% |
Max Drawdown (1Y)Largest decline over 1 year | -9.43% | -10.59% | +1.16% |
Max Drawdown (3Y)Largest decline over 3 years | -15.82% | -16.82% | +1.00% |
Max Drawdown (5Y)Largest decline over 5 years | -19.66% | -19.81% | +0.15% |
Max Drawdown (10Y)Largest decline over 10 years | -28.51% | — | — |
Current DrawdownCurrent decline from peak | -0.23% | -0.37% | +0.14% |
Average DrawdownAverage peak-to-trough decline | -6.10% | -6.13% | +0.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.85% | 3.15% | -0.30% |
Volatility
JP40.DE vs. EDMJ.DE - Volatility Comparison
The current volatility for Amundi JPX Nikkei 400 UCITS ETF EUR (JP40.DE) is 3.29%, while iShares MSCI Japan ESG Enhanced UCITS ETF USD Acc (EDMJ.DE) has a volatility of 3.60%. This indicates that JP40.DE experiences smaller price fluctuations and is considered to be less risky than EDMJ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JP40.DE | EDMJ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.29% | 3.60% | -0.31% |
Volatility (6M)Calculated over the trailing 6-month period | 14.70% | 15.23% | -0.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.10% | 19.21% | -1.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.56% | 16.61% | -0.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.50% | 17.52% | -1.02% |
JP40.DE vs. EDMJ.DE - Expense Ratio Comparison
JP40.DE has a 0.18% expense ratio, which is higher than EDMJ.DE's 0.15% 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. EDMJ.DE - Dividend Comparison
Neither JP40.DE nor EDMJ.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.91, JP40.DE and EDMJ.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, EDMJ.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EDMJ.DE is cheaper with a 0.15% expense ratio, compared with 0.18% for JP40.DE.
JP40.DE tracks JPX-Nikkei 400, while EDMJ.DE tracks MSCI Japan ESG Enhanced Focus. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.18% for JP40.DE and 0.15% for EDMJ.DE.
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