SMLN.DE vs. SXR6.DE
SMLN.DE (Invesco JPX-Nikkei 400 UCITS ETF) and SXR6.DE (iShares MSCI Japan SRI UCITS ETF USD Acc) are both Japan Equities funds - SMLN.DE tracks the JPX-Nikkei 400 while SXR6.DE tracks the MSCI Japan SRI Select Reduced Fossil Fuels. Both are passively managed. Over the past 5 years, SMLN.DE returned 9.82%/yr vs 4.25%/yr for SXR6.DE. Their correlation of 0.95 suggests significant overlap in exposure. SMLN.DE charges 0.19%/yr vs 0.20%/yr for SXR6.DE.
Performance
SMLN.DE vs. SXR6.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SMLN.DE achieves a 15.87% return, which is significantly higher than SXR6.DE's 3.87% 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%
SXR6.DE
- 1D
- -0.07%
- 1M
- 6.86%
- YTD
- 3.87%
- 6M
- 3.62%
- 1Y
- 10.26%
- 3Y*
- 6.07%
- 5Y*
- 4.25%
- 10Y*
- —
SMLN.DE vs. SXR6.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% | 4.74% |
SXR6.DE iShares MSCI Japan SRI UCITS ETF USD Acc | 3.87% | 6.58% | 9.11% | 9.64% | -13.84% | 9.84% | 6.35% | 26.72% | -10.33% | 3.99% |
Correlation
The correlation between SMLN.DE and SXR6.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 | 0.91 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.93 |
Correlation (All Time) Calculated using the full available price history since Mar 8, 2017 | 0.95 |
The correlation between SMLN.DE and SXR6.DE has been stable across timeframes, ranging from 0.85 to 0.95 - a consistent structural relationship.
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Return for Risk
SMLN.DE vs. SXR6.DE — Risk / Return Rank
SMLN.DE
SXR6.DE
SMLN.DE vs. SXR6.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 MSCI Japan SRI UCITS ETF USD Acc (SXR6.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 | SXR6.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.01 | ||
| Sortino ratioReturn per unit of downside risk | +1.40 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.11 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 2.99 | 0.90 | +2.09 |
| Martin ratioReturn relative to average drawdown | 9.93 | 2.55 | +7.37 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SMLN.DE | SXR6.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.56 | 0.55 | +1.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.60 | 0.25 | +0.35 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.55 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 0.30 | +0.21 |
Drawdowns
SMLN.DE vs. SXR6.DE - Drawdown Comparison
The maximum SMLN.DE drawdown since its inception was -28.42%, roughly equal to the maximum SXR6.DE drawdown of -27.35%. Use the drawdown chart below to compare losses from any high point for SMLN.DE and SXR6.DE.
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Drawdown Indicators
| SMLN.DE | SXR6.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.42% | -27.35% | -1.07% |
Max Drawdown (1Y)Largest decline over 1 year | -9.43% | -11.40% | +1.97% |
Max Drawdown (3Y)Largest decline over 3 years | -15.55% | -16.29% | +0.74% |
Max Drawdown (5Y)Largest decline over 5 years | -19.85% | -21.32% | +1.47% |
Max Drawdown (10Y)Largest decline over 10 years | -28.42% | — | — |
Current DrawdownCurrent decline from peak | -0.49% | -1.85% | +1.36% |
Average DrawdownAverage peak-to-trough decline | -6.03% | -7.15% | +1.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.84% | 4.01% | -1.17% |
Volatility
SMLN.DE vs. SXR6.DE - Volatility Comparison
Invesco JPX-Nikkei 400 UCITS ETF (SMLN.DE) and iShares MSCI Japan SRI UCITS ETF USD Acc (SXR6.DE) have volatilities of 3.44% and 3.60%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SMLN.DE | SXR6.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.44% | 3.60% | -0.16% |
Volatility (6M)Calculated over the trailing 6-month period | 14.75% | 14.77% | -0.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.07% | 18.63% | -0.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.12% | 16.54% | -0.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.22% | 16.77% | -0.55% |
SMLN.DE vs. SXR6.DE - Expense Ratio Comparison
SMLN.DE has a 0.19% expense ratio, which is lower than SXR6.DE's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
SMLN.DE vs. SXR6.DE - Dividend Comparison
Neither SMLN.DE nor SXR6.DE has paid dividends to shareholders.
Frequently Asked Questions
SMLN.DE and SXR6.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, 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 0.20% for SXR6.DE.
SMLN.DE tracks JPX-Nikkei 400, while SXR6.DE tracks MSCI Japan SRI Select Reduced Fossil Fuels. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.19% for SMLN.DE and 0.20% for SXR6.DE.
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