JPNH.DE vs. TTPX.DE
JPNH.DE (Amundi Japan TOPIX II UCITS ETF EUR Hedged (Dist)) and TTPX.DE (Amundi Japan Topix UCITS ETF Daily Hedged EUR (Acc)) are both Japan Equities funds from Amundi tracking the TOPIX Index (EUR Hedged). Both are passively managed. Over the past 10 years, JPNH.DE returned 14.52%/yr vs 14.51%/yr for TTPX.DE. With a 0.99 correlation, they move nearly in lockstep. JPNH.DE charges 0.45%/yr vs 0.48%/yr for TTPX.DE.
Performance
JPNH.DE vs. TTPX.DE - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with JPNH.DE having a 20.19% return and TTPX.DE slightly lower at 20.00%. Both investments have delivered pretty close results over the past 10 years, with JPNH.DE having a 14.52% annualized return and TTPX.DE not far behind at 14.51%.
JPNH.DE
- 1D
- 0.95%
- 1M
- 2.38%
- 6M
- 19.98%
- YTD
- 20.19%
- 1Y
- 46.43%
- 3Y*
- 25.43%
- 5Y*
- 19.09%
- 10Y*
- 14.52%
TTPX.DE
- 1D
- 1.01%
- 1M
- 2.45%
- 6M
- 19.74%
- YTD
- 20.00%
- 1Y
- 46.17%
- 3Y*
- 25.47%
- 5Y*
- 19.18%
- 10Y*
- 14.51%
JPNH.DE vs. TTPX.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JPNH.DE Amundi Japan TOPIX II UCITS ETF EUR Hedged (Dist) | 20.19% | 27.75% | 21.23% | 32.08% | -4.87% | 10.85% | 5.84% | 15.91% | -17.82% | 20.38% |
TTPX.DE Amundi Japan Topix UCITS ETF Daily Hedged EUR (Acc) | 20.00% | 27.49% | 21.75% | 32.48% | -4.73% | 10.61% | 5.85% | 16.07% | -17.94% | 20.25% |
Correlation
The correlation between JPNH.DE and TTPX.DE is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 1.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 1.00 |
Correlation (5Y) Calculated over the trailing 5-year period | 1.00 |
Correlation (10Y) Calculated over the trailing 10-year period | 1.00 |
Correlation (All Time) Calculated using the full available price history since Apr 25, 2013 | 0.99 |
The correlation between JPNH.DE and TTPX.DE has been stable across timeframes, ranging from 0.99 to 1.00 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
JPNH.DE vs. TTPX.DE — Risk / Return Rank
JPNH.DE
TTPX.DE
JPNH.DE vs. TTPX.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Japan TOPIX II UCITS ETF EUR Hedged (Dist) (JPNH.DE) and Amundi Japan Topix UCITS ETF Daily Hedged EUR (Acc) (TTPX.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.
| JPNH.DE | TTPX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | +0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.45 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 4.58 | 4.69 | -0.11 |
| Martin ratioReturn relative to average drawdown | 16.33 | 16.30 | +0.02 |
Loading charts...
Drawdowns
JPNH.DE vs. TTPX.DE - Drawdown Comparison
The maximum JPNH.DE drawdown since its inception was -36.52%, roughly equal to the maximum TTPX.DE drawdown of -36.52%. Use the drawdown chart below to compare losses from any high point for JPNH.DE and TTPX.DE.
Loading charts...
Drawdown Indicators
| JPNH.DE | TTPX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.52% | -36.52% | 0.00% |
Max Drawdown (1Y)Largest decline over 1 year | -10.08% | -9.80% | -0.28% |
Max Drawdown (3Y)Largest decline over 3 years | -20.72% | -20.65% | -0.07% |
Max Drawdown (5Y)Largest decline over 5 years | -20.72% | -20.65% | -0.07% |
Max Drawdown (10Y)Largest decline over 10 years | -36.52% | -36.52% | 0.00% |
Current DrawdownCurrent decline from peak | -1.24% | -1.22% | -0.02% |
Average DrawdownAverage peak-to-trough decline | -7.97% | -7.82% | -0.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.84% | 2.82% | +0.02% |
Volatility
JPNH.DE vs. TTPX.DE - Volatility Comparison
Amundi Japan TOPIX II UCITS ETF EUR Hedged (Dist) (JPNH.DE) and Amundi Japan Topix UCITS ETF Daily Hedged EUR (Acc) (TTPX.DE) have volatilities of 5.58% and 5.68%, 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.
Loading charts...
Volatility by Period
| JPNH.DE | TTPX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.58% | 5.68% | -0.10% |
Volatility (6M)Calculated over the trailing 6-month period | 15.21% | 15.12% | +0.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.17% | 19.07% | +0.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.06% | 18.07% | -0.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.23% | 18.20% | +0.03% |
JPNH.DE vs. TTPX.DE - Expense Ratio Comparison
JPNH.DE has a 0.45% expense ratio, which is lower than TTPX.DE's 0.48% expense ratio.
Dividends
JPNH.DE vs. TTPX.DE - Dividend Comparison
JPNH.DE's dividend yield for the trailing twelve months is around 0.74%, while TTPX.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JPNH.DE Amundi Japan TOPIX II UCITS ETF EUR Hedged (Dist) | 0.74% | 0.89% | 1.52% | 1.29% | 1.66% | 1.33% | 1.09% | 1.93% | 1.89% | 1.36% | 1.96% | 1.84% |
TTPX.DE Amundi Japan Topix UCITS ETF Daily Hedged EUR (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 1.00, JPNH.DE and TTPX.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, JPNH.DE is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JPNH.DE is cheaper with a 0.45% expense ratio, compared with 0.48% for TTPX.DE.
Both ETFs track TOPIX Index (EUR Hedged). Their fees differ too: 0.45% for JPNH.DE and 0.48% for TTPX.DE.
Find the right allocation for JPNH.DE and TTPX.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer