NS4E.DE vs. WDTE.DE
NS4E.DE (Invesco JPX-Nikkei 400 UCITS ETF (EUR Hdg)) and WDTE.DE (Invesco S&P World Information Technology ESG UCITS ETF Acc) are both exchange-traded funds - NS4E.DE is a Japan Equities fund tracking the JPX-Nikkei Index 400, while WDTE.DE is a Technology Equities fund tracking the S&P Developed Ex-Korea LargeMidCap ESG Enhanced Information Technology. Both are passively managed. Over the past 3 years, NS4E.DE returned 26.09%/yr vs 22.74%/yr for WDTE.DE. At a 0.48 correlation, their price movements are largely independent. NS4E.DE charges 0.19%/yr vs 0.18%/yr for WDTE.DE.
Performance
NS4E.DE vs. WDTE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, NS4E.DE achieves a 20.94% return, which is significantly higher than WDTE.DE's 11.66% 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%
WDTE.DE
- 1D
- 0.00%
- 1M
- -8.03%
- 6M
- 12.16%
- YTD
- 11.66%
- 1Y
- 23.52%
- 3Y*
- 22.74%
- 5Y*
- —
- 10Y*
- —
NS4E.DE vs. WDTE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
NS4E.DE Invesco JPX-Nikkei 400 UCITS ETF (EUR Hdg) | 20.94% | 27.33% | 22.81% | 21.66% |
WDTE.DE Invesco S&P World Information Technology ESG UCITS ETF Acc | 11.66% | 6.19% | 42.11% | 32.50% |
Correlation
The correlation between NS4E.DE and WDTE.DE is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Apr 17, 2023 | 0.48 |
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Return for Risk
NS4E.DE vs. WDTE.DE — Risk / Return Rank
NS4E.DE
WDTE.DE
NS4E.DE vs. WDTE.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 Invesco S&P World Information Technology ESG UCITS ETF Acc (WDTE.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 | WDTE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.29 | ||
| Sortino ratioReturn per unit of downside risk | +1.77 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.20 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 4.83 | 1.50 | +3.33 |
| Martin ratioReturn relative to average drawdown | 16.73 | 3.72 | +13.01 |
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Drawdowns
NS4E.DE vs. WDTE.DE - Drawdown Comparison
The maximum NS4E.DE drawdown since its inception was -35.32%, which is greater than WDTE.DE's maximum drawdown of -28.19%. Use the drawdown chart below to compare losses from any high point for NS4E.DE and WDTE.DE.
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Drawdown Indicators
| NS4E.DE | WDTE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.32% | -28.19% | -7.13% |
Max Drawdown (1Y)Largest decline over 1 year | -9.59% | -15.79% | +6.20% |
Max Drawdown (3Y)Largest decline over 3 years | -20.96% | -28.19% | +7.23% |
Max Drawdown (5Y)Largest decline over 5 years | -20.96% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -35.32% | — | — |
Current DrawdownCurrent decline from peak | -1.49% | -9.06% | +7.57% |
Average DrawdownAverage peak-to-trough decline | -8.02% | -5.02% | -3.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.77% | 6.33% | -3.56% |
Volatility
NS4E.DE vs. WDTE.DE - Volatility Comparison
The current volatility for Invesco JPX-Nikkei 400 UCITS ETF (EUR Hdg) (NS4E.DE) is 5.77%, while Invesco S&P World Information Technology ESG UCITS ETF Acc (WDTE.DE) has a volatility of 7.51%. This indicates that NS4E.DE experiences smaller price fluctuations and is considered to be less risky than WDTE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NS4E.DE | WDTE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.77% | 7.51% | -1.74% |
Volatility (6M)Calculated over the trailing 6-month period | 15.28% | 16.55% | -1.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.12% | 20.88% | -1.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.19% | 21.88% | -3.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.25% | 21.88% | -3.63% |
NS4E.DE vs. WDTE.DE - Expense Ratio Comparison
NS4E.DE has a 0.19% expense ratio, which is higher than WDTE.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. WDTE.DE - Dividend Comparison
Neither NS4E.DE nor WDTE.DE has paid dividends to shareholders.
Frequently Asked Questions
NS4E.DE and WDTE.DE have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WDTE.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WDTE.DE is cheaper with a 0.18% expense ratio, compared with 0.19% for NS4E.DE.
NS4E.DE is categorized as Japan Equities, while WDTE.DE is Technology Equities. NS4E.DE tracks JPX-Nikkei Index 400, while WDTE.DE tracks S&P Developed Ex-Korea LargeMidCap ESG Enhanced Information Technology. Their fees differ too: 0.19% for NS4E.DE and 0.18% for WDTE.DE.
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