NS4E.DE vs. JARI.DE
NS4E.DE (Invesco JPX-Nikkei 400 UCITS ETF (EUR Hdg)) and JARI.DE (Amundi Index MSCI Japan SRI PAB UCITS ETF DR (C)) are both Japan Equities funds - NS4E.DE tracks the JPX-Nikkei Index 400 while JARI.DE tracks the TOPIX TR JPY. Both are passively managed. Over the past 5 years, NS4E.DE returned 20.00%/yr vs 2.10%/yr for JARI.DE. A 0.74 correlation means they provide meaningful diversification when combined. NS4E.DE charges 0.19%/yr vs 0.18%/yr for JARI.DE.
Performance
NS4E.DE vs. JARI.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, NS4E.DE achieves a 20.94% return, which is significantly higher than JARI.DE's 8.33% return.
NS4E.DE
- 1D
- 0.76%
- 1M
- 2.16%
- 6M
- 19.66%
- YTD
- 20.94%
- 1Y
- 46.51%
- 3Y*
- 26.09%
- 5Y*
- 20.00%
- 10Y*
- 15.07%
JARI.DE
- 1D
- 0.00%
- 1M
- 4.87%
- 6M
- 8.50%
- YTD
- 8.33%
- 1Y
- 16.85%
- 3Y*
- 4.80%
- 5Y*
- 2.10%
- 10Y*
- —
NS4E.DE vs. JARI.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
NS4E.DE Invesco JPX-Nikkei 400 UCITS ETF (EUR Hdg) | 20.94% | 27.33% | 22.81% | 33.35% | -4.26% | 10.90% | 12.60% |
JARI.DE Amundi Index MSCI Japan SRI PAB UCITS ETF DR (C) | 8.33% | 5.73% | 2.11% | 6.93% | -15.65% | 8.08% | 13.45% |
Correlation
The correlation between NS4E.DE and JARI.DE is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.79 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.75 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.73 |
Correlation (All Time) Calculated using the full available price history since Oct 27, 2020 | 0.74 |
The correlation between NS4E.DE and JARI.DE has been stable across timeframes, ranging from 0.73 to 0.79 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
NS4E.DE vs. JARI.DE — Risk / Return Rank
NS4E.DE
JARI.DE
NS4E.DE vs. JARI.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco JPX-Nikkei 400 UCITS ETF (EUR Hdg) (NS4E.DE) and Amundi Index MSCI Japan SRI PAB UCITS ETF DR (C) (JARI.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.
| NS4E.DE | JARI.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.47 | ||
| Sortino ratioReturn per unit of downside risk | +1.89 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.18 | +0.27 |
| Calmar ratioReturn relative to maximum drawdown | 4.83 | 1.66 | +3.17 |
| Martin ratioReturn relative to average drawdown | 16.73 | 4.86 | +11.87 |
Loading charts...
Drawdowns
NS4E.DE vs. JARI.DE - Drawdown Comparison
The maximum NS4E.DE drawdown since its inception was -35.32%, which is greater than JARI.DE's maximum drawdown of -23.16%. Use the drawdown chart below to compare losses from any high point for NS4E.DE and JARI.DE.
Loading charts...
Drawdown Indicators
| NS4E.DE | JARI.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.32% | -23.16% | -12.16% |
Max Drawdown (1Y)Largest decline over 1 year | -9.59% | -10.21% | +0.62% |
Max Drawdown (3Y)Largest decline over 3 years | -20.96% | -15.32% | -5.64% |
Max Drawdown (5Y)Largest decline over 5 years | -20.96% | -23.16% | +2.20% |
Max Drawdown (10Y)Largest decline over 10 years | -35.32% | — | — |
Current DrawdownCurrent decline from peak | -1.49% | -0.83% | -0.66% |
Average DrawdownAverage peak-to-trough decline | -8.02% | -11.37% | +3.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.77% | 3.49% | -0.72% |
Volatility
NS4E.DE vs. JARI.DE - Volatility Comparison
Invesco JPX-Nikkei 400 UCITS ETF (EUR Hdg) (NS4E.DE) has a higher volatility of 5.77% compared to Amundi Index MSCI Japan SRI PAB UCITS ETF DR (C) (JARI.DE) at 4.32%. This indicates that NS4E.DE's price experiences larger fluctuations and is considered to be riskier than JARI.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| NS4E.DE | JARI.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.77% | 4.32% | +1.45% |
Volatility (6M)Calculated over the trailing 6-month period | 15.28% | 14.27% | +1.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.12% | 17.81% | +1.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.19% | 16.09% | +2.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.25% | 16.16% | +2.09% |
NS4E.DE vs. JARI.DE - Expense Ratio Comparison
NS4E.DE has a 0.19% expense ratio, which is higher than JARI.DE's 0.18% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
NS4E.DE vs. JARI.DE - Dividend Comparison
Neither NS4E.DE nor JARI.DE has paid dividends to shareholders.
Frequently Asked Questions
NS4E.DE and JARI.DE have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JARI.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JARI.DE is cheaper with a 0.18% expense ratio, compared with 0.19% for NS4E.DE.
NS4E.DE tracks JPX-Nikkei Index 400, while JARI.DE tracks TOPIX TR JPY. They also come from different issuers: Invesco and Amundi. Their fees differ too: 0.19% for NS4E.DE and 0.18% for JARI.DE.
Find the right allocation for NS4E.DE and JARI.DE
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