JPNE.DE vs. JNHD.DE
JPNE.DE (Amundi MSCI Japan SRI Climate Paris Aligned UCITS ETF DR EUR Hedged (Dist)) and JNHD.DE (Amundi Core MSCI Japan UCITS ETF EUR Hedged (Dist)) are both Japan Equities funds from Amundi - JPNE.DE tracks the MSCI Japan SRI Filtered PAB Index (EUR Hedged) while JNHD.DE tracks the MSCI Japan Index (EUR Hedged). Both are passively managed. Over the past 5 years, JPNE.DE returned 10.75%/yr vs 19.50%/yr for JNHD.DE. Their correlation of 0.93 suggests significant overlap in exposure. Both charge a 0.20% expense ratio.
Performance
JPNE.DE vs. JNHD.DE - Performance Comparison
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Returns By Period
In the year-to-date period, JPNE.DE achieves a 10.86% return, which is significantly lower than JNHD.DE's 21.67% return.
JPNE.DE
- 1D
- 1.45%
- 1M
- 5.30%
- 6M
- 10.57%
- YTD
- 10.86%
- 1Y
- 29.49%
- 3Y*
- 13.43%
- 5Y*
- 10.75%
- 10Y*
- —
JNHD.DE
- 1D
- 1.32%
- 1M
- 1.97%
- 6M
- 21.32%
- YTD
- 21.67%
- 1Y
- 48.96%
- 3Y*
- 26.37%
- 5Y*
- 19.50%
- 10Y*
- —
JPNE.DE vs. JNHD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
JPNE.DE Amundi MSCI Japan SRI Climate Paris Aligned UCITS ETF DR EUR Hedged (Dist) | 10.86% | 19.27% | 10.65% | 22.81% | -10.54% | 11.39% | 11.15% |
JNHD.DE Amundi Core MSCI Japan UCITS ETF EUR Hedged (Dist) | 21.67% | 27.52% | 23.21% | 32.66% | -7.11% | 11.87% | 12.61% |
Correlation
The correlation between JPNE.DE and JNHD.DE is 0.87, 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 | 0.87 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.90 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.93 |
Correlation (All Time) Calculated using the full available price history since Sep 17, 2020 | 0.93 |
The correlation between JPNE.DE and JNHD.DE has been stable across timeframes, ranging from 0.87 to 0.93 - a consistent structural relationship.
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Return for Risk
JPNE.DE vs. JNHD.DE — Risk / Return Rank
JPNE.DE
JNHD.DE
JPNE.DE vs. JNHD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI Japan SRI Climate Paris Aligned UCITS ETF DR EUR Hedged (Dist) (JPNE.DE) and Amundi Core MSCI Japan UCITS ETF EUR Hedged (Dist) (JNHD.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| JPNE.DE | JNHD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.79 | ||
| Sortino ratioReturn per unit of downside risk | -1.01 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.44 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 3.00 | 5.06 | -2.07 |
| Martin ratioReturn relative to average drawdown | 9.44 | 17.06 | -7.62 |
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Drawdowns
JPNE.DE vs. JNHD.DE - Drawdown Comparison
The maximum JPNE.DE drawdown since its inception was -18.29%, smaller than the maximum JNHD.DE drawdown of -21.83%. Use the drawdown chart below to compare losses from any high point for JPNE.DE and JNHD.DE.
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Drawdown Indicators
| JPNE.DE | JNHD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.29% | -21.83% | +3.54% |
Max Drawdown (1Y)Largest decline over 1 year | -9.80% | -9.62% | -0.18% |
Max Drawdown (3Y)Largest decline over 3 years | -17.75% | -21.83% | +4.08% |
Max Drawdown (5Y)Largest decline over 5 years | -18.06% | -21.83% | +3.77% |
Current DrawdownCurrent decline from peak | 0.00% | -2.61% | +2.61% |
Average DrawdownAverage peak-to-trough decline | -5.35% | -4.17% | -1.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.12% | 2.86% | +0.26% |
Volatility
JPNE.DE vs. JNHD.DE - Volatility Comparison
The current volatility for Amundi MSCI Japan SRI Climate Paris Aligned UCITS ETF DR EUR Hedged (Dist) (JPNE.DE) is 4.98%, while Amundi Core MSCI Japan UCITS ETF EUR Hedged (Dist) (JNHD.DE) has a volatility of 6.69%. This indicates that JPNE.DE experiences smaller price fluctuations and is considered to be less risky than JNHD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JPNE.DE | JNHD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.98% | 6.69% | -1.71% |
Volatility (6M)Calculated over the trailing 6-month period | 14.01% | 15.94% | -1.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.38% | 20.45% | -2.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.49% | 18.83% | -1.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.34% | 18.36% | -1.02% |
JPNE.DE vs. JNHD.DE - Expense Ratio Comparison
Both JPNE.DE and JNHD.DE have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
JPNE.DE vs. JNHD.DE - Dividend Comparison
JPNE.DE's dividend yield for the trailing twelve months is around 1.24%, less than JNHD.DE's 1.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
JNHD.DE Amundi Core MSCI Japan UCITS ETF EUR Hedged (Dist) | 1.49% | 1.82% | 1.85% | 1.72% | 2.52% | 1.83% | 0.78% | 0.00% |
JPNE.DE Amundi MSCI Japan SRI Climate Paris Aligned UCITS ETF DR EUR Hedged (Dist) | 1.24% | 1.37% | 1.37% | 1.34% | 1.62% | 1.92% | 1.88% | 0.93% |
Frequently Asked Questions
JPNE.DE and JNHD.DE have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.20% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
JPNE.DE and JNHD.DE have the same expense ratio: 0.20% per year.
JPNE.DE tracks MSCI Japan SRI Filtered PAB Index (EUR Hedged), while JNHD.DE tracks MSCI Japan Index (EUR Hedged).
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