JPNE.DE vs. LYP6.DE

Last updated Jul 4, 2026

JPNE.DE (Amundi MSCI Japan SRI Climate Paris Aligned UCITS ETF DR EUR Hedged (Dist)) and LYP6.DE (Amundi Core STOXX Europe 600 (DR) UCITS ETF Acc) are both exchange-traded funds - JPNE.DE is a Japan Equities fund tracking the MSCI Japan SRI Filtered PAB Index (EUR Hedged), while LYP6.DE is a Europe Equities fund tracking the STOXX® Europe 600. Both are passively managed. Over the past 5 years, JPNE.DE returned 10.75%/yr vs 10.49%/yr for LYP6.DE. A 0.54 correlation means they provide meaningful diversification when combined. JPNE.DE charges 0.20%/yr vs 0.07%/yr for LYP6.DE.

Performance

JPNE.DE vs. LYP6.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi MSCI Japan SRI Climate Paris Aligned UCITS ETF DR EUR Hedged (Dist) (JPNE.DE) and Amundi Core STOXX Europe 600 (DR) UCITS ETF Acc (LYP6.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JPNE.DE achieves a 10.86% return, which is significantly lower than LYP6.DE's 12.31% 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*: —

LYP6.DE

• 1D: 0.60%
• 1M: 5.10%
• 6M: 11.36%
• YTD: 12.31%
• 1Y: 23.23%
• 3Y*: 15.48%
• 5Y*: 10.49%
• 10Y*: 10.30%

*Multi-year figures are annualized to reflect compound growth (CAGR)

JPNE.DE vs. LYP6.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
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%	6.72%	8.16%
LYP6.DE Amundi Core STOXX Europe 600 (DR) UCITS ETF Acc	12.31%	20.82%	8.25%	15.97%	-10.40%	24.81%	-1.72%	7.86%

Correlation

The correlation between JPNE.DE and LYP6.DE is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.54
Correlation (3Y) Calculated over the trailing 3-year period	0.52
Correlation (5Y) Calculated over the trailing 5-year period	0.61
Correlation (All Time) Calculated using the full available price history since Sep 18, 2019	0.54

The correlation between JPNE.DE and LYP6.DE has been stable across timeframes, ranging from 0.52 to 0.61 - a consistent structural relationship.

Return for Risk

JPNE.DE vs. LYP6.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JPNE.DE

JPNE.DE Risk / Return Rank: 62
JPNE.DE Sharpe Ratio Rank: 58
JPNE.DE Sortino Ratio Rank: 60
JPNE.DE Omega Ratio Rank: 57
JPNE.DE Calmar Ratio Rank: 72
JPNE.DE Martin Ratio Rank: 64

LYP6.DE

LYP6.DE Risk / Return Rank: 65
LYP6.DE Sharpe Ratio Rank: 66
LYP6.DE Sortino Ratio Rank: 68
LYP6.DE Omega Ratio Rank: 68
LYP6.DE Calmar Ratio Rank: 60
LYP6.DE Martin Ratio Rank: 64

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JPNE.DE vs. LYP6.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 STOXX Europe 600 (DR) UCITS ETF Acc (LYP6.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	LYP6.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.60	1.78	-0.18
Sortino ratio: Return per unit of downside risk	2.34	2.55	-0.22
Omega ratio: Gain probability vs. loss probability	1.29	1.33	-0.04
Calmar ratio: Return relative to maximum drawdown	3.00	2.45	+0.55
Martin ratio: Return relative to average drawdown	9.44	9.52	-0.08

JPNE.DE vs. LYP6.DE - Sharpe Ratio Comparison

The current JPNE.DE Sharpe Ratio is 1.60, which is comparable to the LYP6.DE Sharpe Ratio of 1.78. The chart below compares the historical Sharpe Ratios of JPNE.DE and LYP6.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

JPNE.DE vs. LYP6.DE - Drawdown Comparison

The maximum JPNE.DE drawdown since its inception was -18.29%, smaller than the maximum LYP6.DE drawdown of -35.51%. Use the drawdown chart below to compare losses from any high point for JPNE.DE and LYP6.DE.

Drawdown Indicators

	JPNE.DE	LYP6.DE	Difference
Max Drawdown Largest peak-to-trough decline	-18.29%	-35.51%	+17.22%
Max Drawdown (1Y) Largest decline over 1 year	-9.80%	-9.45%	-0.35%
Max Drawdown (3Y) Largest decline over 3 years	-17.75%	-16.26%	-1.49%
Max Drawdown (5Y) Largest decline over 5 years	-18.06%	-20.71%	+2.65%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.51%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-5.35%	-5.21%	-0.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.12%	2.44%	+0.68%

Volatility

JPNE.DE vs. LYP6.DE - Volatility Comparison

Amundi MSCI Japan SRI Climate Paris Aligned UCITS ETF DR EUR Hedged (Dist) (JPNE.DE) has a higher volatility of 4.98% compared to Amundi Core STOXX Europe 600 (DR) UCITS ETF Acc (LYP6.DE) at 3.16%. This indicates that JPNE.DE's price experiences larger fluctuations and is considered to be riskier than LYP6.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JPNE.DE	LYP6.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.98%	3.16%	+1.82%
Volatility (6M) Calculated over the trailing 6-month period	14.01%	10.92%	+3.09%
Volatility (1Y) Calculated over the trailing 1-year period	18.38%	13.02%	+5.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.49%	14.43%	+3.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.34%	15.27%	+2.07%

JPNE.DE vs. LYP6.DE - Expense Ratio Comparison

JPNE.DE has a 0.20% expense ratio, which is higher than LYP6.DE's 0.07% 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

JPNE.DE vs. LYP6.DE - Dividend Comparison

JPNE.DE's dividend yield for the trailing twelve months is around 1.24%, while LYP6.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
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%
LYP6.DE Amundi Core STOXX Europe 600 (DR) UCITS ETF Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JPNE.DE and LYP6.DE in my portfolio?

JPNE.DE and LYP6.DE have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JPNE.DE or LYP6.DE?

On fees, LYP6.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JPNE.DE or LYP6.DE?

LYP6.DE is cheaper with a 0.07% expense ratio, compared with 0.20% for JPNE.DE.

What is the main difference between JPNE.DE and LYP6.DE?

JPNE.DE is categorized as Japan Equities, while LYP6.DE is Europe Equities. JPNE.DE tracks MSCI Japan SRI Filtered PAB Index (EUR Hedged), while LYP6.DE tracks STOXX® Europe 600. Their fees differ too: 0.20% for JPNE.DE and 0.07% for LYP6.DE.