LYY4.DE vs. AW15.DE

Last updated Jun 5, 2026

LYY4.DE (Amundi Japan TOPIX II UCITS ETF EUR Dist) and AW15.DE (UBS ETF (IE) MSCI Japan Climate Paris Aligned UCITS ETF (JPY) Acc) are both Japan Equities funds - LYY4.DE tracks the TOPIX® while AW15.DE tracks the MSCI Japan Climate Paris Aligned. Both are passively managed. Over the past 5 years, LYY4.DE returned 9.48%/yr vs 3.15%/yr for AW15.DE. Their correlation of 0.91 suggests significant overlap in exposure. LYY4.DE charges 0.45%/yr vs 0.12%/yr for AW15.DE.

Performance

LYY4.DE vs. AW15.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi Japan TOPIX II UCITS ETF EUR Dist (LYY4.DE) and UBS ETF (IE) MSCI Japan Climate Paris Aligned UCITS ETF (JPY) Acc (AW15.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LYY4.DE achieves a 15.21% return, which is significantly higher than AW15.DE's 8.65% return.

LYY4.DE

• 1D: -0.17%
• 1M: 5.36%
• YTD: 15.21%
• 6M: 15.57%
• 1Y: 28.20%
• 3Y*: 14.84%
• 5Y*: 9.48%
• 10Y*: 8.60%

AW15.DE

• 1D: -1.40%
• 1M: 2.72%
• YTD: 8.65%
• 6M: 7.30%
• 1Y: 21.60%
• 3Y*: 6.95%
• 5Y*: 3.15%
• 10Y*: —

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

LYY4.DE vs. AW15.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
LYY4.DE Amundi Japan TOPIX II UCITS ETF EUR Dist	15.21%	13.10%	12.42%	14.70%	-10.26%	1.44%
AW15.DE UBS ETF (IE) MSCI Japan Climate Paris Aligned UCITS ETF (JPY) Acc	8.65%	10.45%	2.67%	12.34%	-19.88%	2.52%

Correlation

The correlation between LYY4.DE and AW15.DE is 0.85, 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	0.85
Correlation (3Y) Calculated over the trailing 3-year period	0.88
Correlation (5Y) Calculated over the trailing 5-year period	0.90
Correlation (All Time) Calculated using the full available price history since Apr 1, 2021	0.91

The correlation between LYY4.DE and AW15.DE has been stable across timeframes, ranging from 0.85 to 0.91 - a consistent structural relationship.

Return for Risk

LYY4.DE vs. AW15.DE — Risk / Return Rank

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

LYY4.DE

LYY4.DE Risk / Return Rank: 53
LYY4.DE Sharpe Ratio Rank: 46
LYY4.DE Sortino Ratio Rank: 50
LYY4.DE Omega Ratio Rank: 50
LYY4.DE Calmar Ratio Rank: 61
LYY4.DE Martin Ratio Rank: 56

AW15.DE

AW15.DE Risk / Return Rank: 35
AW15.DE Sharpe Ratio Rank: 32
AW15.DE Sortino Ratio Rank: 35
AW15.DE Omega Ratio Rank: 32
AW15.DE Calmar Ratio Rank: 39
AW15.DE Martin Ratio Rank: 39

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.

LYY4.DE vs. AW15.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi Japan TOPIX II UCITS ETF EUR Dist (LYY4.DE) and UBS ETF (IE) MSCI Japan Climate Paris Aligned UCITS ETF (JPY) Acc (AW15.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.

	LYY4.DE	AW15.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.59	1.11	+0.48
Sortino ratio: Return per unit of downside risk	2.41	1.80	+0.60
Omega ratio: Gain probability vs. loss probability	1.31	1.21	+0.09
Calmar ratio: Return relative to maximum drawdown	2.95	1.87	+1.07
Martin ratio: Return relative to average drawdown	9.67	6.07	+3.60
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LYY4.DE vs. AW15.DE - Sharpe Ratio Comparison

The current LYY4.DE Sharpe Ratio is 1.59, which is higher than the AW15.DE Sharpe Ratio of 1.11. The chart below compares the historical Sharpe Ratios of LYY4.DE and AW15.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.

Sharpe Ratios by Period

	LYY4.DE	AW15.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.59	1.11	+0.48
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.59	0.19	+0.40
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.53	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.25	0.15	+0.10

Drawdowns

LYY4.DE vs. AW15.DE - Drawdown Comparison

The maximum LYY4.DE drawdown since its inception was -54.07%, which is greater than AW15.DE's maximum drawdown of -27.14%. Use the drawdown chart below to compare losses from any high point for LYY4.DE and AW15.DE.

Drawdown Indicators

	LYY4.DE	AW15.DE	Difference
Max Drawdown Largest peak-to-trough decline	-54.07%	-27.14%	-26.93%
Max Drawdown (1Y) Largest decline over 1 year	-9.61%	-11.48%	+1.87%
Max Drawdown (3Y) Largest decline over 3 years	-15.82%	-17.61%	+1.79%
Max Drawdown (5Y) Largest decline over 5 years	-19.34%	-27.14%	+7.80%
Max Drawdown (10Y) Largest decline over 10 years	-28.62%	—	—
Current Drawdown Current decline from peak	-0.17%	-1.40%	+1.23%
Average Drawdown Average peak-to-trough decline	-14.30%	-12.19%	-2.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.93%	3.55%	-0.62%

Volatility

LYY4.DE vs. AW15.DE - Volatility Comparison

The current volatility for Amundi Japan TOPIX II UCITS ETF EUR Dist (LYY4.DE) is 3.04%, while UBS ETF (IE) MSCI Japan Climate Paris Aligned UCITS ETF (JPY) Acc (AW15.DE) has a volatility of 4.43%. This indicates that LYY4.DE experiences smaller price fluctuations and is considered to be less risky than AW15.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LYY4.DE	AW15.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.04%	4.43%	-1.39%
Volatility (6M) Calculated over the trailing 6-month period	14.29%	15.05%	-0.76%
Volatility (1Y) Calculated over the trailing 1-year period	17.82%	19.33%	-1.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.25%	16.47%	-0.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.33%	16.42%	-0.09%

LYY4.DE vs. AW15.DE - Expense Ratio Comparison

LYY4.DE has a 0.45% expense ratio, which is higher than AW15.DE's 0.12% expense ratio.

Dividends

LYY4.DE vs. AW15.DE - Dividend Comparison

LYY4.DE's dividend yield for the trailing twelve months is around 0.62%, while AW15.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AW15.DE UBS ETF (IE) MSCI Japan Climate Paris Aligned UCITS ETF (JPY) 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%
LYY4.DE Amundi Japan TOPIX II UCITS ETF EUR Dist	0.62%	0.71%	0.74%	1.24%	1.88%	1.34%	1.14%	1.94%	1.86%	1.44%	1.98%	1.80%

Frequently Asked Questions

Can I hold both LYY4.DE and AW15.DE in my portfolio?

LYY4.DE and AW15.DE have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LYY4.DE or AW15.DE?

On fees, AW15.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LYY4.DE or AW15.DE?

AW15.DE is cheaper with a 0.12% expense ratio, compared with 0.45% for LYY4.DE.

What is the main difference between LYY4.DE and AW15.DE?

LYY4.DE tracks TOPIX®, while AW15.DE tracks MSCI Japan Climate Paris Aligned. They also come from different issuers: Amundi and UBS. Their fees differ too: 0.45% for LYY4.DE and 0.12% for AW15.DE.