OP6E.DE vs. XDJP.DE
OP6E.DE (Ossiam Bloomberg Asia Pacific ex Japan PAB NR UCITS ETF (EUR)) and XDJP.DE (Xtrackers Nikkei 225 UCITS ETF 1D) are both exchange-traded funds - OP6E.DE is a Asia Pacific Equities fund tracking the Bloomberg PAB APAC DM ex-Japan Large & Mid Cap, while XDJP.DE is a Japan Equities fund tracking the TOPIX TR JPY. Both are passively managed. Over the past 3 years, OP6E.DE returned 11.76%/yr vs 21.72%/yr for XDJP.DE. A 0.51 correlation means they provide meaningful diversification when combined. OP6E.DE charges 0.29%/yr vs 0.09%/yr for XDJP.DE.
Performance
OP6E.DE vs. XDJP.DE - Performance Comparison
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Returns By Period
In the year-to-date period, OP6E.DE achieves a 10.68% return, which is significantly lower than XDJP.DE's 30.60% return.
OP6E.DE
- 1D
- 0.00%
- 1M
- 4.74%
- 6M
- 7.84%
- YTD
- 10.68%
- 1Y
- 15.24%
- 3Y*
- 11.76%
- 5Y*
- —
- 10Y*
- —
XDJP.DE
- 1D
- -1.96%
- 1M
- -4.01%
- 6M
- 22.13%
- YTD
- 30.60%
- 1Y
- 59.23%
- 3Y*
- 21.72%
- 5Y*
- 12.47%
- 10Y*
- 11.49%
OP6E.DE vs. XDJP.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
OP6E.DE Ossiam Bloomberg Asia Pacific ex Japan PAB NR UCITS ETF (EUR) | 10.68% | 6.39% | 15.17% | 0.41% | -0.63% |
XDJP.DE Xtrackers Nikkei 225 UCITS ETF 1D | 30.60% | 16.25% | 14.41% | 18.07% | -3.95% |
Correlation
The correlation between OP6E.DE and XDJP.DE is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Jul 19, 2022 | 0.51 |
The correlation between OP6E.DE and XDJP.DE has been stable across timeframes, ranging from 0.48 to 0.51 - a consistent structural relationship.
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Return for Risk
OP6E.DE vs. XDJP.DE — Risk / Return Rank
OP6E.DE
XDJP.DE
OP6E.DE vs. XDJP.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ossiam Bloomberg Asia Pacific ex Japan PAB NR UCITS ETF (EUR) (OP6E.DE) and Xtrackers Nikkei 225 UCITS ETF 1D (XDJP.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.
| OP6E.DE | XDJP.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.01 | ||
| Sortino ratioReturn per unit of downside risk | -1.18 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.38 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 2.26 | 4.59 | -2.33 |
| Martin ratioReturn relative to average drawdown | 5.52 | 13.09 | -7.56 |
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Drawdowns
OP6E.DE vs. XDJP.DE - Drawdown Comparison
The maximum OP6E.DE drawdown since its inception was -18.34%, smaller than the maximum XDJP.DE drawdown of -29.12%. Use the drawdown chart below to compare losses from any high point for OP6E.DE and XDJP.DE.
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Drawdown Indicators
| OP6E.DE | XDJP.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.34% | -29.12% | +10.78% |
Max Drawdown (1Y)Largest decline over 1 year | -6.72% | -12.83% | +6.11% |
Max Drawdown (3Y)Largest decline over 3 years | -18.34% | -20.16% | +1.82% |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.14% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -29.12% | — |
Current DrawdownCurrent decline from peak | 0.00% | -9.51% | +9.51% |
Average DrawdownAverage peak-to-trough decline | -4.70% | -6.77% | +2.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.75% | 4.51% | -1.76% |
Volatility
OP6E.DE vs. XDJP.DE - Volatility Comparison
The current volatility for Ossiam Bloomberg Asia Pacific ex Japan PAB NR UCITS ETF (EUR) (OP6E.DE) is 2.14%, while Xtrackers Nikkei 225 UCITS ETF 1D (XDJP.DE) has a volatility of 9.40%. This indicates that OP6E.DE experiences smaller price fluctuations and is considered to be less risky than XDJP.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OP6E.DE | XDJP.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.14% | 9.40% | -7.26% |
Volatility (6M)Calculated over the trailing 6-month period | 8.75% | 20.74% | -11.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.72% | 25.59% | -13.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.50% | 19.13% | -4.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.50% | 17.98% | -3.48% |
OP6E.DE vs. XDJP.DE - Expense Ratio Comparison
OP6E.DE has a 0.29% expense ratio, which is higher than XDJP.DE's 0.09% expense ratio.
Dividends
OP6E.DE vs. XDJP.DE - Dividend Comparison
OP6E.DE has not paid dividends to shareholders, while XDJP.DE's dividend yield for the trailing twelve months is around 1.04%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OP6E.DE Ossiam Bloomberg Asia Pacific ex Japan PAB NR UCITS ETF (EUR) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XDJP.DE Xtrackers Nikkei 225 UCITS ETF 1D | 1.04% | 1.36% | 1.38% | 1.59% | 2.60% | 1.16% | 1.14% | 1.11% | 1.28% | 0.75% | 0.89% | 0.16% |
Frequently Asked Questions
OP6E.DE and XDJP.DE have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDJP.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDJP.DE is cheaper with a 0.09% expense ratio, compared with 0.29% for OP6E.DE.
OP6E.DE is categorized as Asia Pacific Equities, while XDJP.DE is Japan Equities. OP6E.DE tracks Bloomberg PAB APAC DM ex-Japan Large & Mid Cap, while XDJP.DE tracks TOPIX TR JPY. They also come from different issuers: Natixis and Xtrackers. Their fees differ too: 0.29% for OP6E.DE and 0.09% for XDJP.DE.
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