JP40.DE vs. VJPN.DE
JP40.DE (Amundi JPX Nikkei 400 UCITS ETF EUR) and VJPN.DE (Vanguard FTSE Japan UCITS ETF Distributing) are both Japan Equities funds - JP40.DE tracks the JPX-Nikkei 400 while VJPN.DE tracks the TOPIX TR JPY. Both are passively managed. Over the past 10 years, JP40.DE returned 8.93%/yr vs 9.12%/yr for VJPN.DE. A 0.80 correlation means they provide meaningful diversification when combined. JP40.DE charges 0.18%/yr vs 0.15%/yr for VJPN.DE.
Performance
JP40.DE vs. VJPN.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 VJPN.DE slightly higher at 16.51%. Both investments have delivered pretty close results over the past 10 years, with JP40.DE having a 8.93% annualized return and VJPN.DE not far ahead at 9.12%.
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%
VJPN.DE
- 1D
- -0.36%
- 1M
- 3.70%
- YTD
- 16.51%
- 6M
- 16.78%
- 1Y
- 31.52%
- 3Y*
- 15.46%
- 5Y*
- 9.91%
- 10Y*
- 9.12%
JP40.DE vs. VJPN.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JP40.DE Amundi JPX Nikkei 400 UCITS ETF EUR | 16.15% | 12.78% | 13.18% | 15.77% | -11.05% | 8.49% | 4.79% | 22.33% | -10.68% | 9.57% |
VJPN.DE Vanguard FTSE Japan UCITS ETF Distributing | 16.51% | 13.28% | 13.05% | 15.88% | -11.76% | 9.73% | 4.96% | 21.66% | -10.15% | 8.00% |
Correlation
The correlation between JP40.DE and VJPN.DE is 0.95, 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 | 0.95 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.94 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.95 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.88 |
Correlation (All Time) Calculated using the full available price history since Mar 2, 2015 | 0.80 |
The correlation between JP40.DE and VJPN.DE shifts across timeframes, from 0.80 (all time) to 0.95 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
JP40.DE vs. VJPN.DE — Risk / Return Rank
JP40.DE
VJPN.DE
JP40.DE vs. VJPN.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 Vanguard FTSE Japan UCITS ETF Distributing (VJPN.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 | VJPN.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.09 | ||
| Sortino ratioReturn per unit of downside risk | -0.11 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.32 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.03 | 3.12 | -0.08 |
| Martin ratioReturn relative to average drawdown | 10.04 | 10.42 | -0.38 |
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 | VJPN.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.58 | 1.67 | -0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.59 | 0.61 | -0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.54 | 0.61 | -0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.55 | -0.09 |
Drawdowns
JP40.DE vs. VJPN.DE - Drawdown Comparison
The maximum JP40.DE drawdown since its inception was -28.51%, roughly equal to the maximum VJPN.DE drawdown of -28.32%. Use the drawdown chart below to compare losses from any high point for JP40.DE and VJPN.DE.
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Drawdown Indicators
| JP40.DE | VJPN.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.51% | -28.32% | -0.19% |
Max Drawdown (1Y)Largest decline over 1 year | -9.43% | -9.71% | +0.28% |
Max Drawdown (3Y)Largest decline over 3 years | -15.82% | -16.03% | +0.21% |
Max Drawdown (5Y)Largest decline over 5 years | -19.66% | -18.86% | -0.80% |
Max Drawdown (10Y)Largest decline over 10 years | -28.51% | -28.32% | -0.19% |
Current DrawdownCurrent decline from peak | -0.23% | -0.36% | +0.13% |
Average DrawdownAverage peak-to-trough decline | -6.10% | -5.87% | -0.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.85% | 2.91% | -0.06% |
Volatility
JP40.DE vs. VJPN.DE - Volatility Comparison
Amundi JPX Nikkei 400 UCITS ETF EUR (JP40.DE) and Vanguard FTSE Japan UCITS ETF Distributing (VJPN.DE) have volatilities of 3.29% and 3.35%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JP40.DE | VJPN.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.29% | 3.35% | -0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 14.70% | 14.54% | +0.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.10% | 18.10% | 0.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.56% | 16.18% | +0.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.50% | 17.28% | -0.78% |
JP40.DE vs. VJPN.DE - Expense Ratio Comparison
JP40.DE has a 0.18% expense ratio, which is higher than VJPN.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. VJPN.DE - Dividend Comparison
JP40.DE has not paid dividends to shareholders, while VJPN.DE's dividend yield for the trailing twelve months is around 1.66%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
VJPN.DE Vanguard FTSE Japan UCITS ETF Distributing | 1.66% | 1.91% | 1.93% | 1.91% | 2.22% | 1.65% | 1.62% | 1.80% | 1.94% | 1.49% | 1.55% | 1.29% |
Frequently Asked Questions
With a correlation of 0.95, JP40.DE and VJPN.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, VJPN.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VJPN.DE is cheaper with a 0.15% expense ratio, compared with 0.18% for JP40.DE.
JP40.DE tracks JPX-Nikkei 400, while VJPN.DE tracks TOPIX TR JPY. They also come from different issuers: Amundi and Vanguard. Their fees differ too: 0.18% for JP40.DE and 0.15% for VJPN.DE.
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