JPJP.L vs. XDJP.L
Compare and contrast key facts about SPDR MSCI Japan UCITS ETF (JPJP.L) and Xtrackers Nikkei 225 UCITS ETF 1D (XDJP.L).
JPJP.L and XDJP.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JPJP.L is a passively managed fund by State Street Global Advisors Europe Limited that tracks the performance of the TOPIX TR JPY. It was launched on Nov 30, 2015. XDJP.L is a passively managed fund by Xtrackers that tracks the performance of the TOPIX TR JPY. It was launched on Jan 25, 2013. Both JPJP.L and XDJP.L 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: JPJP.L or XDJP.L.
Key characteristics
| JPJP.L | XDJP.L | |
|---|---|---|
| YTD Return | 8.48% | 9.50% |
| 1Y Return | 12.72% | 15.06% |
| 3Y Return (Ann) | 3.37% | 2.75% |
| 5Y Return (Ann) | 5.24% | 5.45% |
| Sharpe Ratio | 0.79 | 0.90 |
| Sortino Ratio | 1.14 | 1.32 |
| Omega Ratio | 1.16 | 1.18 |
| Calmar Ratio | 0.98 | 1.05 |
| Martin Ratio | 2.85 | 2.53 |
| Ulcer Index | 4.46% | 6.08% |
| Daily Std Dev | 15.97% | 17.04% |
| Max Drawdown | -24.23% | -23.69% |
| Current Drawdown | -4.12% | -5.11% |
Correlation
The correlation between JPJP.L and XDJP.L is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
JPJP.L vs. XDJP.L - Performance Comparison
In the year-to-date period, JPJP.L achieves a 8.48% return, which is significantly lower than XDJP.L's 9.50% 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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JPJP.L vs. XDJP.L - Expense Ratio Comparison
JPJP.L has a 0.12% expense ratio, which is higher than XDJP.L'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%.
Risk-Adjusted Performance
JPJP.L vs. XDJP.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI Japan UCITS ETF (JPJP.L) and Xtrackers Nikkei 225 UCITS ETF 1D (XDJP.L). 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
JPJP.L vs. XDJP.L - Dividend Comparison
JPJP.L has not paid dividends to shareholders, while XDJP.L's dividend yield for the trailing twelve months is around 1.41%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
JPJP.L SPDR MSCI Japan UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XDJP.L Xtrackers Nikkei 225 UCITS ETF 1D | 1.41% | 1.59% | 2.47% | 1.20% | 1.11% | 1.13% | 1.24% | 0.72% | 0.83% | 0.16% | 1.42% |
Drawdowns
JPJP.L vs. XDJP.L - Drawdown Comparison
The maximum JPJP.L drawdown since its inception was -24.23%, roughly equal to the maximum XDJP.L drawdown of -23.69%. Use the drawdown chart below to compare losses from any high point for JPJP.L and XDJP.L. For additional features, visit the drawdowns tool.
Volatility
JPJP.L vs. XDJP.L - Volatility Comparison
The current volatility for SPDR MSCI Japan UCITS ETF (JPJP.L) is 4.37%, while Xtrackers Nikkei 225 UCITS ETF 1D (XDJP.L) has a volatility of 4.95%. This indicates that JPJP.L experiences smaller price fluctuations and is considered to be less risky than XDJP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.