PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
N4US.L vs. MINT.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

N4US.L vs. MINT.L

Last updated Jul 16, 2026
Documentation

N4US.L (Invesco JPX-Nikkei 400 UCITS ETF (USD Hdg)) and MINT.L (PIMCO ETFs PLC - US Dollar Short Maturity UCITS ETF) are both Global Equities funds - N4US.L tracks the Invesco JPX-Nikkei 400 UCITS ETF (USD Hdg) while MINT.L tracks the PIMCO ETFs PLC - US Dollar Short Maturity UCITS ETF. Both are passively managed. Over the past 10 years, N4US.L returned 16.63%/yr vs 2.65%/yr for MINT.L. At a correlation of -0.04, they often move in opposite directions.

Performance

N4US.L vs. MINT.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco JPX-Nikkei 400 UCITS ETF (USD Hdg) (N4US.L) and PIMCO ETFs PLC - US Dollar Short Maturity UCITS ETF (MINT.L). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, N4US.L achieves a 22.05% return, which is significantly higher than MINT.L's 2.39% return. Over the past 10 years, N4US.L has outperformed MINT.L with an annualized return of 16.63%, while MINT.L has yielded a comparatively lower 2.65% annualized return.

N4US.L

1D
-0.97%
1M
1.76%
6M
14.49%
YTD
22.05%
1Y
50.55%
3Y*
29.24%
5Y*
22.54%
10Y*
16.63%

MINT.L

1D
0.05%
1M
0.39%
6M
2.17%
YTD
2.39%
1Y
4.58%
3Y*
5.23%
5Y*
3.49%
10Y*
2.65%
*Multi-year figures are annualized to reflect compound growth (CAGR)

N4US.L vs. MINT.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
N4US.L
Invesco JPX-Nikkei 400 UCITS ETF (USD Hdg)		22.05%30.25%23.77%35.97%-1.05%11.18%10.79%19.49%-15.75%22.99%
MINT.L
PIMCO ETFs PLC - US Dollar Short Maturity UCITS ETF		2.39%4.66%5.75%5.72%-0.67%-0.09%1.30%3.28%1.65%1.86%

Correlation

The correlation between N4US.L and MINT.L is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

-0.02

Correlation (3Y)
Calculated over the trailing 3-year period

-0.01

Correlation (5Y)
Calculated over the trailing 5-year period

-0.04

Correlation (10Y)
Calculated over the trailing 10-year period

-0.02

Correlation (All Time)
Calculated using the full available price history since Mar 10, 2015

-0.04

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Invesco JPX-Nikkei 400 UCITS ETF (USD Hdg)

PIMCO ETFs PLC - US Dollar Short Maturity UCITS ETF

Return for Risk

N4US.L vs. MINT.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
N4US.L
N4US.L Risk / Return Rank: 9292
Overall Rank
N4US.L Sharpe Ratio Rank: 9292
Sharpe Ratio Rank
N4US.L Sortino Ratio Rank: 9191
Sortino Ratio Rank
N4US.L Omega Ratio Rank: 9090
Omega Ratio Rank
N4US.L Calmar Ratio Rank: 9494
Calmar Ratio Rank
N4US.L Martin Ratio Rank: 9393
Martin Ratio Rank
MINT.L
MINT.L Risk / Return Rank: 9999
Overall Rank
MINT.L Sharpe Ratio Rank: 9999
Sharpe Ratio Rank
MINT.L Sortino Ratio Rank: 9999
Sortino Ratio Rank
MINT.L Omega Ratio Rank: 9999
Omega Ratio Rank
MINT.L Calmar Ratio Rank: 9999
Calmar Ratio Rank
MINT.L Martin Ratio Rank: 9999
Martin Ratio Rank
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.

N4US.L vs. MINT.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco JPX-Nikkei 400 UCITS ETF (USD Hdg) (N4US.L) and PIMCO ETFs PLC - US Dollar Short Maturity UCITS ETF (MINT.L). 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.

N4US.LMINT.LDifference
Sharpe ratioReturn per unit of total volatility
2.58
7.86

-5.27

Sortino ratioReturn per unit of downside risk
3.50
16.90

-13.40

Omega ratioGain probability vs. loss probability

1.46

3.57

-2.11

Calmar ratioReturn relative to maximum drawdown

5.38

45.35

-39.96

Martin ratioReturn relative to average drawdown

18.45

232.26

-213.81

N4US.L vs. MINT.L - Sharpe Ratio Comparison

The current N4US.L Sharpe Ratio is 2.58, which is lower than the MINT.L Sharpe Ratio of 7.86. The chart below compares the historical Sharpe Ratios of N4US.L and MINT.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

N4US.L vs. MINT.L - Drawdown Comparison

The maximum N4US.L drawdown since its inception was -30.94%, which is greater than MINT.L's maximum drawdown of -3.89%. Use the drawdown chart below to compare losses from any high point for N4US.L and MINT.L.

Loading charts...

Drawdown Indicators

N4US.LMINT.LDifference

Max Drawdown

Largest peak-to-trough decline

-30.94%

-3.89%

-27.05%

Max Drawdown (1Y)

Largest decline over 1 year

-9.35%

-0.10%

-9.25%

Max Drawdown (3Y)

Largest decline over 3 years

-21.38%

-0.62%

-20.76%

Max Drawdown (5Y)

Largest decline over 5 years

-21.38%

-2.47%

-18.91%

Max Drawdown (10Y)

Largest decline over 10 years

-30.94%

-3.89%

-27.05%

Current Drawdown

Current decline from peak

-1.87%

0.00%

-1.87%

Average Drawdown

Average peak-to-trough decline

-6.78%

-0.23%

-6.55%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.73%

0.02%

+2.71%

Volatility

N4US.L vs. MINT.L - Volatility Comparison

Invesco JPX-Nikkei 400 UCITS ETF (USD Hdg) (N4US.L) has a higher volatility of 6.06% compared to PIMCO ETFs PLC - US Dollar Short Maturity UCITS ETF (MINT.L) at 0.14%. This indicates that N4US.L's price experiences larger fluctuations and is considered to be riskier than MINT.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

N4US.LMINT.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.06%

0.14%

+5.92%

Volatility (6M)

Calculated over the trailing 6-month period

15.47%

0.35%

+15.12%

Volatility (1Y)

Calculated over the trailing 1-year period

19.47%

0.58%

+18.89%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.48%

0.76%

+17.72%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.37%

0.95%

+17.42%

Dividends

N4US.L vs. MINT.L - Dividend Comparison

N4US.L has not paid dividends to shareholders, while MINT.L's dividend yield for the trailing twelve months is around 4.36%.

PositionTTM20252024202320222021202020192018201720162015
MINT.L
PIMCO ETFs PLC - US Dollar Short Maturity UCITS ETF		4.36%4.43%5.18%4.81%1.51%0.34%1.17%2.63%2.33%1.56%1.31%0.79%
N4US.L
Invesco JPX-Nikkei 400 UCITS ETF (USD Hdg)		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

N4US.L and MINT.L have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

N4US.L tracks Invesco JPX-Nikkei 400 UCITS ETF (USD Hdg), while MINT.L tracks PIMCO ETFs PLC - US Dollar Short Maturity UCITS ETF. They also come from different issuers: Invesco and PIMCO.

Portfolio Optimizer

Find the right allocation for N4US.L and MINT.L

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