SGAJ.DE vs. XNKY.DE
SGAJ.DE (iShares MSCI Japan ESG Screened UCITS ETF USD (Acc)) and XNKY.DE (Xtrackers Nikkei 225 UCITS ETF) are both Japan Equities funds - SGAJ.DE tracks the MSCI Japan ESG Screened while XNKY.DE tracks the Nikkei 225®. Both are passively managed. Over the past 5 years, SGAJ.DE returned 9.71%/yr vs 12.43%/yr for XNKY.DE. Their correlation of 0.91 suggests significant overlap in exposure. SGAJ.DE charges 0.15%/yr vs 0.09%/yr for XNKY.DE.
Performance
SGAJ.DE vs. XNKY.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SGAJ.DE achieves a 17.45% return, which is significantly lower than XNKY.DE's 32.35% return.
SGAJ.DE
- 1D
- -0.33%
- 1M
- 6.57%
- YTD
- 17.45%
- 6M
- 17.20%
- 1Y
- 30.86%
- 3Y*
- 15.05%
- 5Y*
- 9.71%
- 10Y*
- —
XNKY.DE
- 1D
- -1.43%
- 1M
- 10.63%
- YTD
- 32.35%
- 6M
- 30.33%
- 1Y
- 59.90%
- 3Y*
- 20.83%
- 5Y*
- 12.43%
- 10Y*
- —
SGAJ.DE vs. XNKY.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SGAJ.DE iShares MSCI Japan ESG Screened UCITS ETF USD (Acc) | 17.45% | 11.73% | 13.07% | 16.02% | -12.85% | 9.72% | 9.56% |
XNKY.DE Xtrackers Nikkei 225 UCITS ETF | 32.35% | 16.16% | 14.34% | 18.03% | -15.35% | 3.16% | 13.56% |
Correlation
The correlation between SGAJ.DE and XNKY.DE is 0.85, 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 | 0.85 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.89 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.91 |
Correlation (All Time) Calculated using the full available price history since Nov 3, 2020 | 0.91 |
The correlation between SGAJ.DE and XNKY.DE has been stable across timeframes, ranging from 0.85 to 0.91 - 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
SGAJ.DE vs. XNKY.DE — Risk / Return Rank
SGAJ.DE
XNKY.DE
SGAJ.DE vs. XNKY.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Japan ESG Screened UCITS ETF USD (Acc) (SGAJ.DE) and Xtrackers Nikkei 225 UCITS ETF (XNKY.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.
| SGAJ.DE | XNKY.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.90 | ||
| Sortino ratioReturn per unit of downside risk | -1.15 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.42 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 2.96 | 4.59 | -1.63 |
| Martin ratioReturn relative to average drawdown | 9.77 | 13.91 | -4.14 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| SGAJ.DE | XNKY.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.62 | 2.53 | -0.90 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.57 | 0.66 | -0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.55 | 0.74 | -0.19 |
Drawdowns
SGAJ.DE vs. XNKY.DE - Drawdown Comparison
The maximum SGAJ.DE drawdown since its inception was -28.20%, which is greater than XNKY.DE's maximum drawdown of -21.47%. Use the drawdown chart below to compare losses from any high point for SGAJ.DE and XNKY.DE.
Loading charts...
Drawdown Indicators
| SGAJ.DE | XNKY.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.20% | -21.47% | -6.73% |
Max Drawdown (1Y)Largest decline over 1 year | -10.37% | -12.99% | +2.62% |
Max Drawdown (3Y)Largest decline over 3 years | -17.14% | -20.16% | +3.02% |
Max Drawdown (5Y)Largest decline over 5 years | -19.32% | -21.15% | +1.83% |
Current DrawdownCurrent decline from peak | -0.33% | -1.43% | +1.10% |
Average DrawdownAverage peak-to-trough decline | -5.79% | -7.84% | +2.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.15% | 4.29% | -1.14% |
Volatility
SGAJ.DE vs. XNKY.DE - Volatility Comparison
The current volatility for iShares MSCI Japan ESG Screened UCITS ETF USD (Acc) (SGAJ.DE) is 3.44%, while Xtrackers Nikkei 225 UCITS ETF (XNKY.DE) has a volatility of 6.59%. This indicates that SGAJ.DE experiences smaller price fluctuations and is considered to be less risky than XNKY.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SGAJ.DE | XNKY.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.44% | 6.59% | -3.15% |
Volatility (6M)Calculated over the trailing 6-month period | 15.00% | 18.61% | -3.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.93% | 23.59% | -4.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.69% | 18.57% | -1.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.41% | 18.42% | -1.01% |
SGAJ.DE vs. XNKY.DE - Expense Ratio Comparison
SGAJ.DE has a 0.15% expense ratio, which is higher than XNKY.DE's 0.09% 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
SGAJ.DE vs. XNKY.DE - Dividend Comparison
Neither SGAJ.DE nor XNKY.DE has paid dividends to shareholders.
Frequently Asked Questions
SGAJ.DE and XNKY.DE have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XNKY.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XNKY.DE is cheaper with a 0.09% expense ratio, compared with 0.15% for SGAJ.DE.
SGAJ.DE tracks MSCI Japan ESG Screened, while XNKY.DE tracks Nikkei 225®. They also come from different issuers: iShares and Xtrackers. Their fees differ too: 0.15% for SGAJ.DE and 0.09% for XNKY.DE.
Find the right allocation for SGAJ.DE and XNKY.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