NADA.DE vs. EUNN.DE
NADA.DE (Amundi Core MSCI Japan UCITS ETF Distributing) and EUNN.DE (iShares Core MSCI Japan IMI UCITS ETF) are both Japan Equities funds - NADA.DE tracks the MSCI Japan Index while EUNN.DE tracks the MSCI Japan IMI. Both are passively managed. Over the past 5 years, NADA.DE returned 10.47%/yr vs 10.23%/yr for EUNN.DE. With a 0.99 correlation, they move nearly in lockstep. Both charge a 0.12% expense ratio.
Performance
NADA.DE vs. EUNN.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with NADA.DE having a 19.90% return and EUNN.DE slightly lower at 19.71%.
NADA.DE
- 1D
- 0.49%
- 1M
- 3.64%
- YTD
- 19.90%
- 6M
- 20.31%
- 1Y
- 38.41%
- 3Y*
- 17.56%
- 5Y*
- 10.47%
- 10Y*
- —
EUNN.DE
- 1D
- 0.54%
- 1M
- 3.39%
- YTD
- 19.71%
- 6M
- 19.97%
- 1Y
- 37.65%
- 3Y*
- 17.53%
- 5Y*
- 10.23%
- 10Y*
- 9.52%
NADA.DE vs. EUNN.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
NADA.DE Amundi Core MSCI Japan UCITS ETF Distributing | 19.90% | 12.75% | 13.65% | 16.45% | -12.50% | 9.86% | 9.71% |
EUNN.DE iShares Core MSCI Japan IMI UCITS ETF | 19.71% | 13.46% | 12.91% | 15.16% | -11.48% | 9.24% | 9.13% |
Correlation
The correlation between NADA.DE and EUNN.DE is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.99 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.99 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.99 |
Correlation (All Time) Calculated using the full available price history since Sep 18, 2020 | 0.99 |
The correlation between NADA.DE and EUNN.DE has been stable across timeframes, ranging from 0.99 to 0.99 - a consistent structural relationship.
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Return for Risk
NADA.DE vs. EUNN.DE — Risk / Return Rank
NADA.DE
EUNN.DE
NADA.DE vs. EUNN.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Core MSCI Japan UCITS ETF Distributing (NADA.DE) and iShares Core MSCI Japan IMI UCITS ETF (EUNN.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.
| NADA.DE | EUNN.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.03 | ||
| Sortino ratioReturn per unit of downside risk | -0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.38 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.83 | 3.91 | -0.08 |
| Martin ratioReturn relative to average drawdown | 12.27 | 13.04 | -0.77 |
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Drawdowns
NADA.DE vs. EUNN.DE - Drawdown Comparison
The maximum NADA.DE drawdown since its inception was -19.09%, smaller than the maximum EUNN.DE drawdown of -28.56%. Use the drawdown chart below to compare losses from any high point for NADA.DE and EUNN.DE.
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Drawdown Indicators
| NADA.DE | EUNN.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.09% | -28.56% | +9.47% |
Max Drawdown (1Y)Largest decline over 1 year | -9.99% | -9.58% | -0.41% |
Max Drawdown (3Y)Largest decline over 3 years | -16.93% | -15.81% | -1.12% |
Max Drawdown (5Y)Largest decline over 5 years | -19.09% | -19.41% | +0.32% |
Max Drawdown (10Y)Largest decline over 10 years | — | -28.56% | — |
Current DrawdownCurrent decline from peak | -2.85% | -2.49% | -0.36% |
Average DrawdownAverage peak-to-trough decline | -5.59% | -6.84% | +1.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.12% | 2.88% | +0.24% |
Volatility
NADA.DE vs. EUNN.DE - Volatility Comparison
Amundi Core MSCI Japan UCITS ETF Distributing (NADA.DE) has a higher volatility of 6.21% compared to iShares Core MSCI Japan IMI UCITS ETF (EUNN.DE) at 5.61%. This indicates that NADA.DE's price experiences larger fluctuations and is considered to be riskier than EUNN.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NADA.DE | EUNN.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.21% | 5.61% | +0.60% |
Volatility (6M)Calculated over the trailing 6-month period | 15.74% | 15.36% | +0.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.33% | 18.63% | +0.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.75% | 16.20% | +0.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.38% | 16.10% | +0.28% |
NADA.DE vs. EUNN.DE - Expense Ratio Comparison
Both NADA.DE and EUNN.DE have an expense ratio of 0.12%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
NADA.DE vs. EUNN.DE - Dividend Comparison
NADA.DE's dividend yield for the trailing twelve months is around 1.59%, while EUNN.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
EUNN.DE iShares Core MSCI Japan IMI UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NADA.DE Amundi Core MSCI Japan UCITS ETF Distributing | 1.59% | 1.90% | 1.93% | 1.75% | 2.64% | 1.95% | 0.60% |
Frequently Asked Questions
With a correlation of 0.99, NADA.DE and EUNN.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 0.12% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
NADA.DE and EUNN.DE have the same expense ratio: 0.12% per year.
NADA.DE tracks MSCI Japan Index, while EUNN.DE tracks MSCI Japan IMI. They also come from different issuers: Amundi and iShares.
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