JPNH.DE vs. XDJE.DE
JPNH.DE (Amundi Japan TOPIX II UCITS ETF EUR Hedged (Dist)) and XDJE.DE (Xtrackers Nikkei 225 UCITS ETF EUR Hedged (Dist)) are both Japan Equities funds - JPNH.DE tracks the TOPIX Index (EUR Hedged) while XDJE.DE tracks the Nikkei 225 Index (EUR Hedged). Both are passively managed. Over the past 5 years, JPNH.DE returned 19.09%/yr vs 22.73%/yr for XDJE.DE. Their correlation of 0.91 suggests significant overlap in exposure. JPNH.DE charges 0.45%/yr vs 0.19%/yr for XDJE.DE.
Performance
JPNH.DE vs. XDJE.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, JPNH.DE achieves a 20.19% return, which is significantly lower than XDJE.DE's 39.34% return.
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%
XDJE.DE
- 1D
- 1.66%
- 1M
- 2.25%
- 6M
- 38.79%
- YTD
- 39.34%
- 1Y
- 77.62%
- 3Y*
- 32.58%
- 5Y*
- 22.73%
- 10Y*
- —
JPNH.DE vs. XDJE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
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% | -9.06% |
XDJE.DE Xtrackers Nikkei 225 UCITS ETF EUR Hedged (Dist) | 39.34% | 30.93% | 23.55% | 35.26% | -9.02% | 5.24% | 16.17% | 16.86% | -7.63% |
Correlation
The correlation between JPNH.DE and XDJE.DE is 0.83, 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 | 0.83 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.88 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.91 |
Correlation (All Time) Calculated using the full available price history since Nov 6, 2018 | 0.91 |
The correlation between JPNH.DE and XDJE.DE has been stable across timeframes, ranging from 0.83 to 0.91 - 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. XDJE.DE — Risk / Return Rank
JPNH.DE
XDJE.DE
JPNH.DE vs. XDJE.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 Xtrackers Nikkei 225 UCITS ETF EUR Hedged (Dist) (XDJE.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 | XDJE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.55 | ||
| Sortino ratioReturn per unit of downside risk | -0.51 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.48 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 4.58 | 6.05 | -1.46 |
| Martin ratioReturn relative to average drawdown | 16.33 | 19.40 | -3.08 |
Loading charts...
Drawdowns
JPNH.DE vs. XDJE.DE - Drawdown Comparison
The maximum JPNH.DE drawdown since its inception was -36.52%, which is greater than XDJE.DE's maximum drawdown of -32.45%. Use the drawdown chart below to compare losses from any high point for JPNH.DE and XDJE.DE.
Loading charts...
Drawdown Indicators
| JPNH.DE | XDJE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.52% | -32.45% | -4.07% |
Max Drawdown (1Y)Largest decline over 1 year | -10.08% | -12.77% | +2.69% |
Max Drawdown (3Y)Largest decline over 3 years | -20.72% | -22.87% | +2.15% |
Max Drawdown (5Y)Largest decline over 5 years | -20.72% | -22.87% | +2.15% |
Max Drawdown (10Y)Largest decline over 10 years | -36.52% | — | — |
Current DrawdownCurrent decline from peak | -1.24% | -4.38% | +3.14% |
Average DrawdownAverage peak-to-trough decline | -7.97% | -6.08% | -1.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.84% | 3.99% | -1.15% |
Volatility
JPNH.DE vs. XDJE.DE - Volatility Comparison
The current volatility for Amundi Japan TOPIX II UCITS ETF EUR Hedged (Dist) (JPNH.DE) is 5.58%, while Xtrackers Nikkei 225 UCITS ETF EUR Hedged (Dist) (XDJE.DE) has a volatility of 10.10%. This indicates that JPNH.DE experiences smaller price fluctuations and is considered to be less risky than XDJE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JPNH.DE | XDJE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.58% | 10.10% | -4.52% |
Volatility (6M)Calculated over the trailing 6-month period | 15.21% | 20.83% | -5.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.17% | 26.12% | -6.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.06% | 21.08% | -3.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.23% | 22.00% | -3.77% |
JPNH.DE vs. XDJE.DE - Expense Ratio Comparison
JPNH.DE has a 0.45% expense ratio, which is higher than XDJE.DE's 0.19% expense ratio.
Dividends
JPNH.DE vs. XDJE.DE - Dividend Comparison
JPNH.DE's dividend yield for the trailing twelve months is around 0.74%, less than XDJE.DE's 0.79% yield.
| 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% |
XDJE.DE Xtrackers Nikkei 225 UCITS ETF EUR Hedged (Dist) | 0.79% | 1.11% | 1.21% | 1.32% | 2.27% | 1.08% | 1.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
JPNH.DE and XDJE.DE have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDJE.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDJE.DE is cheaper with a 0.19% expense ratio, compared with 0.45% for JPNH.DE.
JPNH.DE tracks TOPIX Index (EUR Hedged), while XDJE.DE tracks Nikkei 225 Index (EUR Hedged). They also come from different issuers: Amundi and Xtrackers. Their fees differ too: 0.45% for JPNH.DE and 0.19% for XDJE.DE.
Find the right allocation for JPNH.DE and XDJE.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