NADA.DE vs. WTDX.DE

Last updated Jun 26, 2026

NADA.DE (Amundi Core MSCI Japan UCITS ETF Distributing) and WTDX.DE (WisdomTree Japan Equity UCITS ETF USD Hedged) are both Japan Equities funds - NADA.DE tracks the MSCI Japan Index while WTDX.DE tracks the WisdomTree Japan Hedged Equity UCITS Index. Both are passively managed. Over the past 5 years, NADA.DE returned 10.47%/yr vs 27.58%/yr for WTDX.DE. A 0.77 correlation means they provide meaningful diversification when combined. NADA.DE charges 0.12%/yr vs 0.48%/yr for WTDX.DE.

Performance

NADA.DE vs. WTDX.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi Core MSCI Japan UCITS ETF Distributing (NADA.DE) and WisdomTree Japan Equity UCITS ETF USD Hedged (WTDX.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NADA.DE achieves a 19.90% return, which is significantly lower than WTDX.DE's 25.59% return.

NADA.DE

• 1D: 0.49%
• 1M: 3.64%
• YTD: 19.90%
• 6M: 20.31%
• 1Y: 38.41%
• 3Y*: 17.56%
• 5Y*: 10.47%
• 10Y*: —

WTDX.DE

• 1D: 0.13%
• 1M: 4.37%
• YTD: 25.59%
• 6M: 25.68%
• 1Y: 60.63%
• 3Y*: 30.35%
• 5Y*: 27.58%
• 10Y*: 19.30%

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

NADA.DE vs. WTDX.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%
WTDX.DE WisdomTree Japan Equity UCITS ETF USD Hedged	25.59%	17.86%	36.79%	37.12%	11.85%	27.70%	9.57%

Correlation

The correlation between NADA.DE and WTDX.DE is 0.82, 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	0.82
Correlation (3Y) Calculated over the trailing 3-year period	0.82
Correlation (5Y) Calculated over the trailing 5-year period	0.77
Correlation (All Time) Calculated using the full available price history since Sep 18, 2020	0.77

The correlation between NADA.DE and WTDX.DE has been stable across timeframes, ranging from 0.77 to 0.82 - a consistent structural relationship.

Return for Risk

NADA.DE vs. WTDX.DE — Risk / Return Rank

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

NADA.DE

NADA.DE Risk / Return Rank: 74
NADA.DE Sharpe Ratio Rank: 69
NADA.DE Sortino Ratio Rank: 72
NADA.DE Omega Ratio Rank: 72
NADA.DE Calmar Ratio Rank: 82
NADA.DE Martin Ratio Rank: 74

WTDX.DE

WTDX.DE Risk / Return Rank: 94
WTDX.DE Sharpe Ratio Rank: 94
WTDX.DE Sortino Ratio Rank: 93
WTDX.DE Omega Ratio Rank: 93
WTDX.DE Calmar Ratio Rank: 96
WTDX.DE Martin Ratio Rank: 95

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.

NADA.DE vs. WTDX.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 WisdomTree Japan Equity UCITS ETF USD Hedged (WTDX.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	WTDX.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.98	3.09	-1.12
Sortino ratio: Return per unit of downside risk	2.86	4.07	-1.21
Omega ratio: Gain probability vs. loss probability	1.37	1.55	-0.18
Calmar ratio: Return relative to maximum drawdown	3.83	7.46	-3.63
Martin ratio: Return relative to average drawdown	12.27	25.12	-12.85

NADA.DE vs. WTDX.DE - Sharpe Ratio Comparison

The current NADA.DE Sharpe Ratio is 1.98, which is lower than the WTDX.DE Sharpe Ratio of 3.09. The chart below compares the historical Sharpe Ratios of NADA.DE and WTDX.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.

Drawdowns

NADA.DE vs. WTDX.DE - Drawdown Comparison

The maximum NADA.DE drawdown since its inception was -19.09%, smaller than the maximum WTDX.DE drawdown of -38.23%. Use the drawdown chart below to compare losses from any high point for NADA.DE and WTDX.DE.

Drawdown Indicators

	NADA.DE	WTDX.DE	Difference
Max Drawdown Largest peak-to-trough decline	-19.09%	-38.23%	+19.14%
Max Drawdown (1Y) Largest decline over 1 year	-9.99%	-8.09%	-1.90%
Max Drawdown (3Y) Largest decline over 3 years	-16.93%	-23.65%	+6.72%
Max Drawdown (5Y) Largest decline over 5 years	-19.09%	-23.65%	+4.56%
Max Drawdown (10Y) Largest decline over 10 years	—	-32.53%	—
Current Drawdown Current decline from peak	-2.85%	-2.42%	-0.43%
Average Drawdown Average peak-to-trough decline	-5.59%	-9.20%	+3.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.12%	2.41%	+0.71%

Volatility

NADA.DE vs. WTDX.DE - Volatility Comparison

Amundi Core MSCI Japan UCITS ETF Distributing (NADA.DE) has a higher volatility of 6.21% compared to WisdomTree Japan Equity UCITS ETF USD Hedged (WTDX.DE) at 5.04%. This indicates that NADA.DE's price experiences larger fluctuations and is considered to be riskier than WTDX.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NADA.DE	WTDX.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.21%	5.04%	+1.17%
Volatility (6M) Calculated over the trailing 6-month period	15.74%	14.46%	+1.28%
Volatility (1Y) Calculated over the trailing 1-year period	19.33%	19.51%	-0.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.75%	19.40%	-2.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.38%	21.60%	-5.22%

NADA.DE vs. WTDX.DE - Expense Ratio Comparison

NADA.DE has a 0.12% expense ratio, which is lower than WTDX.DE's 0.48% expense ratio.

Dividends

NADA.DE vs. WTDX.DE - Dividend Comparison

NADA.DE's dividend yield for the trailing twelve months is around 1.59%, more than WTDX.DE's 1.37% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NADA.DE Amundi Core MSCI Japan UCITS ETF Distributing	1.59%	1.90%	1.93%	1.75%	2.64%	1.95%	0.60%	0.00%	0.00%	0.00%	0.00%	0.00%
WTDX.DE WisdomTree Japan Equity UCITS ETF USD Hedged	1.37%	1.68%	1.52%	1.97%	2.28%	1.52%	2.10%	2.01%	2.17%	1.14%	1.90%	0.06%

Frequently Asked Questions

Can I hold both NADA.DE and WTDX.DE in my portfolio?

NADA.DE and WTDX.DE have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NADA.DE or WTDX.DE?

On fees, NADA.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, NADA.DE or WTDX.DE?

NADA.DE is cheaper with a 0.12% expense ratio, compared with 0.48% for WTDX.DE.

What is the main difference between NADA.DE and WTDX.DE?

NADA.DE tracks MSCI Japan Index, while WTDX.DE tracks WisdomTree Japan Hedged Equity UCITS Index. They also come from different issuers: Amundi and WisdomTree. Their fees differ too: 0.12% for NADA.DE and 0.48% for WTDX.DE.