SMLN.DE vs. EXX7.DE
SMLN.DE (Invesco JPX-Nikkei 400 UCITS ETF) and EXX7.DE (iShares Nikkei 225 UCITS ETF (DE)) are both Japan Equities funds - SMLN.DE tracks the JPX-Nikkei 400 while EXX7.DE tracks the Nikkei 225®. Both are passively managed. Over the past 10 years, SMLN.DE returned 8.93%/yr vs 11.53%/yr for EXX7.DE. Their correlation of 0.92 suggests significant overlap in exposure. SMLN.DE charges 0.19%/yr vs 0.51%/yr for EXX7.DE.
Performance
SMLN.DE vs. EXX7.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SMLN.DE achieves a 15.87% return, which is significantly lower than EXX7.DE's 31.92% return. Over the past 10 years, SMLN.DE has underperformed EXX7.DE with an annualized return of 8.93%, while EXX7.DE has yielded a comparatively higher 11.53% annualized return.
SMLN.DE
- 1D
- -0.49%
- 1M
- 4.75%
- YTD
- 15.87%
- 6M
- 15.93%
- 1Y
- 28.29%
- 3Y*
- 14.96%
- 5Y*
- 9.82%
- 10Y*
- 8.93%
EXX7.DE
- 1D
- -1.45%
- 1M
- 10.44%
- YTD
- 31.92%
- 6M
- 29.93%
- 1Y
- 58.94%
- 3Y*
- 20.28%
- 5Y*
- 11.91%
- 10Y*
- 11.53%
SMLN.DE vs. EXX7.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SMLN.DE Invesco JPX-Nikkei 400 UCITS ETF | 15.87% | 12.69% | 12.93% | 16.15% | -11.17% | 8.51% | 4.78% | 22.29% | -10.60% | 9.59% |
EXX7.DE iShares Nikkei 225 UCITS ETF (DE) | 31.92% | 15.64% | 13.98% | 17.46% | -15.88% | 3.04% | 13.62% | 24.16% | -5.34% | 10.10% |
Correlation
The correlation between SMLN.DE and EXX7.DE is 0.84, 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 | 0.84 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.87 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.90 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.91 |
Correlation (All Time) Calculated using the full available price history since Sep 16, 2014 | 0.92 |
The correlation between SMLN.DE and EXX7.DE has been stable across timeframes, ranging from 0.84 to 0.92 - 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
SMLN.DE vs. EXX7.DE — Risk / Return Rank
SMLN.DE
EXX7.DE
SMLN.DE vs. EXX7.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco JPX-Nikkei 400 UCITS ETF (SMLN.DE) and iShares Nikkei 225 UCITS ETF (DE) (EXX7.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.
| SMLN.DE | EXX7.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.94 | ||
| Sortino ratioReturn per unit of downside risk | -1.26 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.42 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 2.99 | 4.52 | -1.53 |
| Martin ratioReturn relative to average drawdown | 9.93 | 13.72 | -3.79 |
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
| SMLN.DE | EXX7.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.56 | 2.50 | -0.94 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.60 | 0.63 | -0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.55 | 0.65 | -0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 0.39 | +0.12 |
Drawdowns
SMLN.DE vs. EXX7.DE - Drawdown Comparison
The maximum SMLN.DE drawdown since its inception was -28.42%, smaller than the maximum EXX7.DE drawdown of -50.57%. Use the drawdown chart below to compare losses from any high point for SMLN.DE and EXX7.DE.
Loading charts...
Drawdown Indicators
| SMLN.DE | EXX7.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.42% | -50.57% | +22.15% |
Max Drawdown (1Y)Largest decline over 1 year | -9.43% | -12.97% | +3.54% |
Max Drawdown (3Y)Largest decline over 3 years | -15.55% | -20.63% | +5.08% |
Max Drawdown (5Y)Largest decline over 5 years | -19.85% | -21.40% | +1.55% |
Max Drawdown (10Y)Largest decline over 10 years | -28.42% | -29.83% | +1.41% |
Current DrawdownCurrent decline from peak | -0.49% | -1.45% | +0.96% |
Average DrawdownAverage peak-to-trough decline | -6.03% | -12.03% | +6.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.84% | 4.28% | -1.44% |
Volatility
SMLN.DE vs. EXX7.DE - Volatility Comparison
The current volatility for Invesco JPX-Nikkei 400 UCITS ETF (SMLN.DE) is 3.44%, while iShares Nikkei 225 UCITS ETF (DE) (EXX7.DE) has a volatility of 6.61%. This indicates that SMLN.DE experiences smaller price fluctuations and is considered to be less risky than EXX7.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SMLN.DE | EXX7.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.44% | 6.61% | -3.17% |
Volatility (6M)Calculated over the trailing 6-month period | 14.75% | 18.46% | -3.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.07% | 23.46% | -5.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.12% | 18.55% | -2.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.22% | 17.72% | -1.50% |
SMLN.DE vs. EXX7.DE - Expense Ratio Comparison
SMLN.DE has a 0.19% expense ratio, which is lower than EXX7.DE's 0.51% expense ratio.
Dividends
SMLN.DE vs. EXX7.DE - Dividend Comparison
SMLN.DE has not paid dividends to shareholders, while EXX7.DE's dividend yield for the trailing twelve months is around 0.77%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EXX7.DE iShares Nikkei 225 UCITS ETF (DE) | 0.77% | 0.92% | 0.94% | 1.17% | 1.31% | 0.81% | 1.00% | 1.21% | 0.74% | 1.19% | 1.35% | 1.29% |
SMLN.DE Invesco JPX-Nikkei 400 UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SMLN.DE and EXX7.DE have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SMLN.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SMLN.DE is cheaper with a 0.19% expense ratio, compared with 0.51% for EXX7.DE.
SMLN.DE tracks JPX-Nikkei 400, while EXX7.DE tracks Nikkei 225®. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.19% for SMLN.DE and 0.51% for EXX7.DE.
Find the right allocation for SMLN.DE and EXX7.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