JP40.DE vs. SPYG
Compare and contrast key facts about Amundi JPX Nikkei 400 UCITS ETF EUR (JP40.DE) and SPDR Portfolio S&P 500 Growth ETF (SPYG).
JP40.DE and SPYG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JP40.DE is a passively managed fund by Amundi that tracks the performance of the JPX-Nikkei 400. It was launched on Mar 22, 2018. SPYG is a passively managed fund by State Street that tracks the performance of the S&P 500 Growth Index. It was launched on Sep 25, 2000. Both JP40.DE and SPYG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JP40.DE or SPYG.
Key characteristics
| JP40.DE | SPYG | |
|---|---|---|
| YTD Return | 14.60% | 35.08% |
| 1Y Return | 20.13% | 43.90% |
| 3Y Return (Ann) | 4.83% | 8.15% |
| 5Y Return (Ann) | 6.30% | 18.14% |
| Sharpe Ratio | 1.15 | 2.73 |
| Sortino Ratio | 1.60 | 3.47 |
| Omega Ratio | 1.23 | 1.50 |
| Calmar Ratio | 1.58 | 3.09 |
| Martin Ratio | 6.91 | 14.48 |
| Ulcer Index | 2.94% | 3.20% |
| Daily Std Dev | 17.55% | 16.97% |
| Max Drawdown | -28.51% | -67.79% |
| Current Drawdown | -0.15% | -0.13% |
Correlation
The correlation between JP40.DE and SPYG is 0.30, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
JP40.DE vs. SPYG - Performance Comparison
In the year-to-date period, JP40.DE achieves a 14.60% return, which is significantly lower than SPYG's 35.08% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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JP40.DE vs. SPYG - Expense Ratio Comparison
JP40.DE has a 0.18% expense ratio, which is higher than SPYG's 0.04% 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%.
Risk-Adjusted Performance
JP40.DE vs. SPYG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi JPX Nikkei 400 UCITS ETF EUR (JP40.DE) and SPDR Portfolio S&P 500 Growth ETF (SPYG). 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.
Dividends
JP40.DE vs. SPYG - Dividend Comparison
JP40.DE has not paid dividends to shareholders, while SPYG's dividend yield for the trailing twelve months is around 0.65%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JP40.DE Amundi JPX Nikkei 400 UCITS ETF EUR | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPYG SPDR Portfolio S&P 500 Growth ETF | 0.65% | 1.15% | 1.03% | 0.62% | 0.90% | 1.36% | 1.51% | 1.41% | 1.55% | 1.57% | 1.37% | 1.42% |
Drawdowns
JP40.DE vs. SPYG - Drawdown Comparison
The maximum JP40.DE drawdown since its inception was -28.51%, smaller than the maximum SPYG drawdown of -67.79%. Use the drawdown chart below to compare losses from any high point for JP40.DE and SPYG. For additional features, visit the drawdowns tool.
Volatility
JP40.DE vs. SPYG - Volatility Comparison
The current volatility for Amundi JPX Nikkei 400 UCITS ETF EUR (JP40.DE) is 4.16%, while SPDR Portfolio S&P 500 Growth ETF (SPYG) has a volatility of 5.23%. This indicates that JP40.DE experiences smaller price fluctuations and is considered to be less risky than SPYG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.