LYY4.DE vs. JPNH.DE
LYY4.DE (Amundi Japan TOPIX II UCITS ETF EUR Dist) and JPNH.DE (Amundi Japan TOPIX II UCITS ETF EUR Hedged (Dist)) are both Japan Equities funds from Amundi - LYY4.DE tracks the TOPIX® while JPNH.DE tracks the TOPIX Index (EUR Hedged). Both are passively managed. Over the past 10 years, LYY4.DE returned 8.15%/yr vs 13.42%/yr for JPNH.DE. Their correlation of 0.85 suggests significant overlap in exposure. Both charge a 0.45% expense ratio.
Performance
LYY4.DE vs. JPNH.DE - Performance Comparison
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Returns By Period
In the year-to-date period, LYY4.DE achieves a 14.34% return, which is significantly lower than JPNH.DE's 16.56% return. Over the past 10 years, LYY4.DE has underperformed JPNH.DE with an annualized return of 8.15%, while JPNH.DE has yielded a comparatively higher 13.42% annualized return.
LYY4.DE
- 1D
- -2.17%
- 1M
- -2.80%
- 6M
- 7.39%
- YTD
- 14.34%
- 1Y
- 30.28%
- 3Y*
- 15.14%
- 5Y*
- 9.13%
- 10Y*
- 8.15%
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%
LYY4.DE vs. JPNH.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LYY4.DE Amundi Japan TOPIX II UCITS ETF EUR Dist | 14.34% | 13.10% | 12.42% | 15.45% | -11.19% | 8.61% | 3.15% | 20.96% | -11.07% | 10.82% |
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% | -17.82% | 20.38% |
Correlation
The correlation between LYY4.DE and JPNH.DE is 0.93, 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 | 0.93 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.86 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.82 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.83 |
Correlation (All Time) Calculated using the full available price history since Apr 25, 2013 | 0.85 |
The correlation between LYY4.DE and JPNH.DE shifts across timeframes, from 0.82 (5 years) to 0.93 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
LYY4.DE vs. JPNH.DE — Risk / Return Rank
LYY4.DE
JPNH.DE
LYY4.DE vs. JPNH.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 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.
| LYY4.DE | JPNH.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.52 | ||
| Sortino ratioReturn per unit of downside risk | -0.64 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.39 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 3.13 | 4.16 | -1.02 |
| Martin ratioReturn relative to average drawdown | 10.32 | 14.64 | -4.31 |
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Drawdowns
LYY4.DE vs. JPNH.DE - Drawdown Comparison
The maximum LYY4.DE drawdown since its inception was -54.07%, 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 LYY4.DE and JPNH.DE.
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Drawdown Indicators
| LYY4.DE | JPNH.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.07% | -36.52% | -17.55% |
Max Drawdown (1Y)Largest decline over 1 year | -9.61% | -10.08% | +0.47% |
Max Drawdown (3Y)Largest decline over 3 years | -15.82% | -20.72% | +4.90% |
Max Drawdown (5Y)Largest decline over 5 years | -19.34% | -20.72% | +1.38% |
Max Drawdown (10Y)Largest decline over 10 years | -28.62% | -36.52% | +7.90% |
Current DrawdownCurrent decline from peak | -4.97% | -4.32% | -0.65% |
Average DrawdownAverage peak-to-trough decline | -14.28% | -7.95% | -6.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.93% | 2.87% | +0.06% |
Volatility
LYY4.DE vs. JPNH.DE - Volatility Comparison
Amundi Japan TOPIX II UCITS ETF EUR Dist (LYY4.DE) and Amundi Japan TOPIX II UCITS ETF EUR Hedged (Dist) (JPNH.DE) have volatilities of 5.79% and 5.93%, 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.
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Volatility by Period
| LYY4.DE | JPNH.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.79% | 5.93% | -0.14% |
Volatility (6M)Calculated over the trailing 6-month period | 15.24% | 15.63% | -0.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.58% | 19.58% | -1.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.27% | 18.07% | -1.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.26% | 18.18% | -1.92% |
LYY4.DE vs. JPNH.DE - Expense Ratio Comparison
Both LYY4.DE and JPNH.DE have an expense ratio of 0.45%.
Dividends
LYY4.DE vs. JPNH.DE - Dividend Comparison
LYY4.DE's dividend yield for the trailing twelve months is around 0.62%, less than JPNH.DE's 0.76% 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) | 0.76% | 0.89% | 1.52% | 1.29% | 1.66% | 1.33% | 1.09% | 1.93% | 1.89% | 1.36% | 1.96% | 1.84% |
LYY4.DE Amundi Japan TOPIX II UCITS ETF EUR Dist | 0.62% | 0.71% | 0.74% | 1.24% | 1.89% | 1.34% | 1.14% | 1.94% | 1.86% | 1.44% | 1.98% | 1.80% |
Frequently Asked Questions
With a correlation of 0.93, LYY4.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.
Both ETFs have the same 0.45% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
LYY4.DE and JPNH.DE have the same expense ratio: 0.45% per year.
LYY4.DE tracks TOPIX®, while JPNH.DE tracks TOPIX Index (EUR Hedged).
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