LCUJ.DE vs. IQQN.DE
LCUJ.DE (Amundi MSCI Japan UCITS ETF Acc) and IQQN.DE (iShares MSCI North America UCITS ETF) are both exchange-traded funds - LCUJ.DE is a Japan Equities fund tracking the MSCI Japan, while IQQN.DE is a Large Cap Blend Equities fund tracking the MSCI North America. Both are passively managed. Over the past 5 years, LCUJ.DE returned 10.17%/yr vs 13.97%/yr for IQQN.DE. A 0.61 correlation means they provide meaningful diversification when combined. LCUJ.DE charges 0.12%/yr vs 0.40%/yr for IQQN.DE.
Performance
LCUJ.DE vs. IQQN.DE - Performance Comparison
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Returns By Period
In the year-to-date period, LCUJ.DE achieves a 17.36% return, which is significantly higher than IQQN.DE's 11.09% return.
LCUJ.DE
- 1D
- 0.81%
- 1M
- 6.48%
- YTD
- 17.36%
- 6M
- 17.18%
- 1Y
- 31.24%
- 3Y*
- 15.71%
- 5Y*
- 10.17%
- 10Y*
- —
IQQN.DE
- 1D
- -0.05%
- 1M
- 5.20%
- YTD
- 11.09%
- 6M
- 11.12%
- 1Y
- 25.13%
- 3Y*
- 18.64%
- 5Y*
- 13.97%
- 10Y*
- 14.38%
LCUJ.DE vs. IQQN.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
LCUJ.DE Amundi MSCI Japan UCITS ETF Acc | 17.36% | 12.70% | 13.58% | 16.52% | -12.48% | 10.04% | 5.10% | 22.43% | -7.06% |
IQQN.DE iShares MSCI North America UCITS ETF | 11.09% | 4.95% | 31.43% | 22.31% | -15.50% | 38.10% | 8.53% | 34.21% | -1.39% |
Correlation
The correlation between LCUJ.DE and IQQN.DE is 0.53, 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 | 0.53 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Mar 22, 2018 | 0.61 |
The correlation between LCUJ.DE and IQQN.DE has been stable across timeframes, ranging from 0.53 to 0.61 - a consistent structural relationship.
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Return for Risk
LCUJ.DE vs. IQQN.DE — Risk / Return Rank
LCUJ.DE
IQQN.DE
LCUJ.DE vs. IQQN.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI Japan UCITS ETF Acc (LCUJ.DE) and iShares MSCI North America UCITS ETF (IQQN.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.
| LCUJ.DE | IQQN.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.55 | ||
| Sortino ratioReturn per unit of downside risk | -0.49 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.40 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 3.00 | 3.46 | -0.46 |
| Martin ratioReturn relative to average drawdown | 9.68 | 12.25 | -2.57 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| LCUJ.DE | IQQN.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.61 | 2.16 | -0.55 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.61 | 0.91 | -0.30 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.89 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.59 | -0.07 |
Drawdowns
LCUJ.DE vs. IQQN.DE - Drawdown Comparison
The maximum LCUJ.DE drawdown since its inception was -28.01%, smaller than the maximum IQQN.DE drawdown of -52.40%. Use the drawdown chart below to compare losses from any high point for LCUJ.DE and IQQN.DE.
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Drawdown Indicators
| LCUJ.DE | IQQN.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.01% | -52.40% | +24.39% |
Max Drawdown (1Y)Largest decline over 1 year | -10.08% | -7.22% | -2.86% |
Max Drawdown (3Y)Largest decline over 3 years | -16.92% | -23.46% | +6.54% |
Max Drawdown (5Y)Largest decline over 5 years | -19.10% | -23.46% | +4.36% |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.38% | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.35% | +0.35% |
Average DrawdownAverage peak-to-trough decline | -5.92% | -9.11% | +3.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.13% | 2.05% | +1.08% |
Volatility
LCUJ.DE vs. IQQN.DE - Volatility Comparison
Amundi MSCI Japan UCITS ETF Acc (LCUJ.DE) has a higher volatility of 4.13% compared to iShares MSCI North America UCITS ETF (IQQN.DE) at 2.66%. This indicates that LCUJ.DE's price experiences larger fluctuations and is considered to be riskier than IQQN.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LCUJ.DE | IQQN.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.13% | 2.66% | +1.47% |
Volatility (6M)Calculated over the trailing 6-month period | 14.92% | 7.55% | +7.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.78% | 11.56% | +7.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.63% | 15.24% | +1.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.10% | 16.09% | +1.01% |
LCUJ.DE vs. IQQN.DE - Expense Ratio Comparison
LCUJ.DE has a 0.12% expense ratio, which is lower than IQQN.DE's 0.40% expense ratio.
Dividends
LCUJ.DE vs. IQQN.DE - Dividend Comparison
LCUJ.DE has not paid dividends to shareholders, while IQQN.DE's dividend yield for the trailing twelve months is around 0.61%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IQQN.DE iShares MSCI North America UCITS ETF | 0.61% | 0.68% | 0.75% | 0.99% | 1.15% | 0.73% | 1.09% | 1.22% | 1.42% | 1.34% | 1.37% | 1.53% |
LCUJ.DE Amundi MSCI Japan UCITS ETF 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
LCUJ.DE and IQQN.DE have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LCUJ.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LCUJ.DE is cheaper with a 0.12% expense ratio, compared with 0.40% for IQQN.DE.
LCUJ.DE is categorized as Japan Equities, while IQQN.DE is Large Cap Blend Equities. LCUJ.DE tracks MSCI Japan, while IQQN.DE tracks MSCI North America. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.12% for LCUJ.DE and 0.40% for IQQN.DE.
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