QUEJ.DE vs. TTPX.DE

Last updated Jul 18, 2026

QUEJ.DE (BNP Paribas Easy MSCI Japan SRI S-Series PAB 5% Capped UCITS ETF EUR Acc) and TTPX.DE (Amundi Japan Topix UCITS ETF Daily Hedged EUR (Acc)) are both Japan Equities funds - QUEJ.DE tracks the MSCI Japan SRI S-Series PAB 5% Capped while TTPX.DE tracks the TOPIX Index (EUR Hedged). Both are passively managed. Over the past 3 years, QUEJ.DE returned 6.80%/yr vs 24.66%/yr for TTPX.DE. A 0.70 correlation means they provide meaningful diversification when combined. QUEJ.DE charges 0.25%/yr vs 0.48%/yr for TTPX.DE.

Performance

QUEJ.DE vs. TTPX.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in BNP Paribas Easy MSCI Japan SRI S-Series PAB 5% Capped UCITS ETF EUR Acc (QUEJ.DE) and Amundi Japan Topix UCITS ETF Daily Hedged EUR (Acc) (TTPX.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with QUEJ.DE having a 15.94% return and TTPX.DE slightly higher at 16.32%.

QUEJ.DE

• 1D: 0.00%
• 1M: 4.19%
• 6M: 11.31%
• YTD: 15.94%
• 1Y: 24.02%
• 3Y*: 6.80%
• 5Y*: —
• 10Y*: —

TTPX.DE

• 1D: -2.26%
• 1M: -2.69%
• 6M: 9.26%
• YTD: 16.32%
• 1Y: 41.95%
• 3Y*: 24.66%
• 5Y*: 18.70%
• 10Y*: 13.40%

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

QUEJ.DE vs. TTPX.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
QUEJ.DE BNP Paribas Easy MSCI Japan SRI S-Series PAB 5% Capped UCITS ETF EUR Acc	15.94%	3.79%	1.15%	8.13%	-12.21%
TTPX.DE Amundi Japan Topix UCITS ETF Daily Hedged EUR (Acc)	16.32%	27.49%	21.75%	32.48%	0.12%

Correlation

The correlation between QUEJ.DE and TTPX.DE is 0.78, 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	0.78
Correlation (3Y) Calculated over the trailing 3-year period	0.74
Correlation (All Time) Calculated using the full available price history since Jan 27, 2022	0.70

The correlation between QUEJ.DE and TTPX.DE has been stable across timeframes, ranging from 0.70 to 0.78 - a consistent structural relationship.

Return for Risk

QUEJ.DE vs. TTPX.DE — Risk / Return Rank

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

QUEJ.DE

QUEJ.DE Risk / Return Rank: 53
QUEJ.DE Sharpe Ratio Rank: 51
QUEJ.DE Sortino Ratio Rank: 53
QUEJ.DE Omega Ratio Rank: 51
QUEJ.DE Calmar Ratio Rank: 60
QUEJ.DE Martin Ratio Rank: 54

TTPX.DE

TTPX.DE Risk / Return Rank: 88
TTPX.DE Sharpe Ratio Rank: 87
TTPX.DE Sortino Ratio Rank: 86
TTPX.DE Omega Ratio Rank: 85
TTPX.DE Calmar Ratio Rank: 91
TTPX.DE Martin Ratio Rank: 89

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.

QUEJ.DE vs. TTPX.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy MSCI Japan SRI S-Series PAB 5% Capped UCITS ETF EUR Acc (QUEJ.DE) and Amundi Japan Topix UCITS ETF Daily Hedged EUR (Acc) (TTPX.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.

	QUEJ.DE	TTPX.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.35	2.16	-0.80
Sortino ratio: Return per unit of downside risk	2.00	3.00	-1.00
Omega ratio: Gain probability vs. loss probability	1.25	1.39	-0.14
Calmar ratio: Return relative to maximum drawdown	2.31	4.26	-1.95
Martin ratio: Return relative to average drawdown	6.99	14.65	-7.66

QUEJ.DE vs. TTPX.DE - Sharpe Ratio Comparison

The current QUEJ.DE Sharpe Ratio is 1.35, which is lower than the TTPX.DE Sharpe Ratio of 2.16. The chart below compares the historical Sharpe Ratios of QUEJ.DE and TTPX.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

QUEJ.DE vs. TTPX.DE - Drawdown Comparison

The maximum QUEJ.DE drawdown since its inception was -15.02%, smaller than the maximum TTPX.DE drawdown of -36.52%. Use the drawdown chart below to compare losses from any high point for QUEJ.DE and TTPX.DE.

Drawdown Indicators

	QUEJ.DE	TTPX.DE	Difference
Max Drawdown Largest peak-to-trough decline	-15.02%	-36.52%	+21.50%
Max Drawdown (1Y) Largest decline over 1 year	-10.45%	-9.80%	-0.65%
Max Drawdown (3Y) Largest decline over 3 years	-13.94%	-20.65%	+6.71%
Max Drawdown (5Y) Largest decline over 5 years	—	-20.65%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-36.52%	—
Current Drawdown Current decline from peak	-1.10%	-4.33%	+3.23%
Average Drawdown Average peak-to-trough decline	-6.19%	-7.80%	+1.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.45%	2.86%	+0.59%

Volatility

QUEJ.DE vs. TTPX.DE - Volatility Comparison

The current volatility for BNP Paribas Easy MSCI Japan SRI S-Series PAB 5% Capped UCITS ETF EUR Acc (QUEJ.DE) is 4.85%, while Amundi Japan Topix UCITS ETF Daily Hedged EUR (Acc) (TTPX.DE) has a volatility of 6.03%. This indicates that QUEJ.DE experiences smaller price fluctuations and is considered to be less risky than TTPX.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QUEJ.DE	TTPX.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.85%	6.03%	-1.18%
Volatility (6M) Calculated over the trailing 6-month period	14.08%	15.54%	-1.46%
Volatility (1Y) Calculated over the trailing 1-year period	17.97%	19.47%	-1.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.39%	18.09%	-2.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.39%	18.15%	-2.76%

QUEJ.DE vs. TTPX.DE - Expense Ratio Comparison

QUEJ.DE has a 0.25% expense ratio, which is lower than TTPX.DE's 0.48% expense ratio.

Dividends

QUEJ.DE vs. TTPX.DE - Dividend Comparison

Neither QUEJ.DE nor TTPX.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both QUEJ.DE and TTPX.DE in my portfolio?

QUEJ.DE and TTPX.DE have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QUEJ.DE or TTPX.DE?

On fees, QUEJ.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QUEJ.DE or TTPX.DE?

QUEJ.DE is cheaper with a 0.25% expense ratio, compared with 0.48% for TTPX.DE.

What is the main difference between QUEJ.DE and TTPX.DE?

QUEJ.DE tracks MSCI Japan SRI S-Series PAB 5% Capped, while TTPX.DE tracks TOPIX Index (EUR Hedged). They also come from different issuers: BNP Paribas and Amundi. Their fees differ too: 0.25% for QUEJ.DE and 0.48% for TTPX.DE.