LCUJ.DE vs. JPNH.DE
LCUJ.DE (Amundi MSCI Japan UCITS ETF Acc) and JPNH.DE (Amundi Japan TOPIX II UCITS ETF EUR Hedged (Dist)) are both Japan Equities funds from Amundi - LCUJ.DE tracks the MSCI Japan while JPNH.DE tracks the TOPIX Index (EUR Hedged). Both are passively managed. Over the past 5 years, LCUJ.DE returned 9.51%/yr vs 18.61%/yr for JPNH.DE. Their correlation of 0.83 suggests significant overlap in exposure. LCUJ.DE charges 0.12%/yr vs 0.45%/yr for JPNH.DE.
Performance
LCUJ.DE vs. JPNH.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LCUJ.DE achieves a 14.75% return, which is significantly lower than JPNH.DE's 16.56% return.
LCUJ.DE
- 1D
- -2.41%
- 1M
- -4.42%
- 6M
- 7.53%
- YTD
- 14.75%
- 1Y
- 32.08%
- 3Y*
- 15.44%
- 5Y*
- 9.51%
- 10Y*
- —
JPNH.DE
- 1D
- -2.24%
- 1M
- -2.67%
- 6M
- 9.41%
- YTD
- 16.56%
- 1Y
- 42.09%
- 3Y*
- 24.65%
- 5Y*
- 18.61%
- 10Y*
- 13.42%
LCUJ.DE vs. JPNH.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
LCUJ.DE Amundi MSCI Japan UCITS ETF Acc | 14.75% | 12.72% | 13.58% | 16.52% | -12.47% | 10.03% | 5.07% | 22.41% | -99.31% |
JPNH.DE Amundi Japan TOPIX II UCITS ETF EUR Hedged (Dist) | 16.56% | 27.75% | 21.23% | 32.08% | -4.87% | 10.85% | 5.84% | 15.91% | -16.02% |
Correlation
The correlation between LCUJ.DE and JPNH.DE is 0.92, 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 | 0.92 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.87 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.82 |
Correlation (All Time) Calculated using the full available price history since Feb 28, 2018 | 0.83 |
The correlation between LCUJ.DE and JPNH.DE has been stable across timeframes, ranging from 0.82 to 0.92 - 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
LCUJ.DE vs. JPNH.DE — Risk / Return Rank
LCUJ.DE
JPNH.DE
LCUJ.DE vs. JPNH.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 Amundi Japan TOPIX II UCITS ETF EUR Hedged (Dist) (JPNH.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.
| LCUJ.DE | JPNH.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.55 | ||
| Sortino ratioReturn per unit of downside risk | -0.67 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.39 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 3.17 | 4.16 | -0.98 |
| Martin ratioReturn relative to average drawdown | 9.92 | 14.64 | -4.72 |
Loading charts...
Drawdowns
LCUJ.DE vs. JPNH.DE - Drawdown Comparison
The maximum LCUJ.DE drawdown since its inception was -99.38%, which is greater than JPNH.DE's maximum drawdown of -36.52%. Use the drawdown chart below to compare losses from any high point for LCUJ.DE and JPNH.DE.
Loading charts...
Drawdown Indicators
| LCUJ.DE | JPNH.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.38% | -36.52% | -62.86% |
Max Drawdown (1Y)Largest decline over 1 year | -10.06% | -10.08% | +0.02% |
Max Drawdown (3Y)Largest decline over 3 years | -16.93% | -20.72% | +3.79% |
Max Drawdown (5Y)Largest decline over 5 years | -19.11% | -20.72% | +1.61% |
Max Drawdown (10Y)Largest decline over 10 years | — | -36.52% | — |
Current DrawdownCurrent decline from peak | -98.54% | -4.32% | -94.22% |
Average DrawdownAverage peak-to-trough decline | -98.36% | -7.95% | -90.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.23% | 2.87% | +0.36% |
Volatility
LCUJ.DE vs. JPNH.DE - Volatility Comparison
Amundi MSCI Japan UCITS ETF Acc (LCUJ.DE) has a higher volatility of 6.71% compared to Amundi Japan TOPIX II UCITS ETF EUR Hedged (Dist) (JPNH.DE) at 5.93%. This indicates that LCUJ.DE's price experiences larger fluctuations and is considered to be riskier than JPNH.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LCUJ.DE | JPNH.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.71% | 5.93% | +0.78% |
Volatility (6M)Calculated over the trailing 6-month period | 16.36% | 15.63% | +0.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.03% | 19.58% | +0.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.91% | 18.07% | -1.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.26% | 18.18% | +20.08% |
LCUJ.DE vs. JPNH.DE - Expense Ratio Comparison
LCUJ.DE has a 0.12% expense ratio, which is lower than JPNH.DE's 0.45% expense ratio.
Dividends
LCUJ.DE vs. JPNH.DE - Dividend Comparison
LCUJ.DE has not paid dividends to shareholders, while JPNH.DE's dividend yield for the trailing twelve months is around 0.76%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JPNH.DE Amundi Japan TOPIX II UCITS ETF EUR Hedged (Dist) | 0.76% | 0.89% | 1.52% | 1.29% | 1.66% | 1.33% | 1.09% | 1.93% | 1.89% | 1.36% | 1.96% | 1.84% |
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
With a correlation of 0.92, LCUJ.DE and JPNH.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, 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 0.45% for JPNH.DE.
LCUJ.DE tracks MSCI Japan, while JPNH.DE tracks TOPIX Index (EUR Hedged). Their fees differ too: 0.12% for LCUJ.DE and 0.45% for JPNH.DE.
Find the right allocation for LCUJ.DE and JPNH.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