TTPX.DE vs. SGAJ.DE
TTPX.DE (Amundi Japan Topix UCITS ETF Daily Hedged EUR (Acc)) and SGAJ.DE (iShares MSCI Japan ESG Screened UCITS ETF USD (Acc)) are both Japan Equities funds - TTPX.DE tracks the TOPIX Index (EUR Hedged) while SGAJ.DE tracks the MSCI Japan ESG Screened. Both are passively managed. Over the past 5 years, TTPX.DE returned 18.70%/yr vs 9.19%/yr for SGAJ.DE. Their correlation of 0.85 suggests significant overlap in exposure. TTPX.DE charges 0.48%/yr vs 0.15%/yr for SGAJ.DE.
Performance
TTPX.DE vs. SGAJ.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with TTPX.DE having a 16.32% return and SGAJ.DE slightly lower at 15.63%.
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%
SGAJ.DE
- 1D
- -2.49%
- 1M
- -4.31%
- 6M
- 8.60%
- YTD
- 15.63%
- 1Y
- 32.42%
- 3Y*
- 15.13%
- 5Y*
- 9.19%
- 10Y*
- —
TTPX.DE vs. SGAJ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
TTPX.DE Amundi Japan Topix UCITS ETF Daily Hedged EUR (Acc) | 16.32% | 27.49% | 21.75% | 32.48% | -4.73% | 10.61% | 5.85% | 16.07% | -11.66% |
SGAJ.DE iShares MSCI Japan ESG Screened UCITS ETF USD (Acc) | 15.63% | 11.81% | 12.99% | 16.12% | -12.79% | 9.68% | 5.86% | 23.51% | -21.34% |
Correlation
The correlation between TTPX.DE and SGAJ.DE is 0.91, 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 | 0.91 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.87 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.82 |
Correlation (All Time) Calculated using the full available price history since Oct 19, 2018 | 0.85 |
The correlation between TTPX.DE and SGAJ.DE has been stable across timeframes, ranging from 0.82 to 0.91 - a consistent structural relationship.
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Return for Risk
TTPX.DE vs. SGAJ.DE — Risk / Return Rank
TTPX.DE
SGAJ.DE
TTPX.DE vs. SGAJ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Japan Topix UCITS ETF Daily Hedged EUR (Acc) (TTPX.DE) and iShares MSCI Japan ESG Screened UCITS ETF USD (Acc) (SGAJ.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.
| TTPX.DE | SGAJ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.53 | ||
| Sortino ratioReturn per unit of downside risk | +0.63 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.30 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 4.26 | 3.13 | +1.13 |
| Martin ratioReturn relative to average drawdown | 14.65 | 10.16 | +4.50 |
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Drawdowns
TTPX.DE vs. SGAJ.DE - Drawdown Comparison
The maximum TTPX.DE drawdown since its inception was -36.52%, which is greater than SGAJ.DE's maximum drawdown of -28.34%. Use the drawdown chart below to compare losses from any high point for TTPX.DE and SGAJ.DE.
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Drawdown Indicators
| TTPX.DE | SGAJ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.52% | -28.34% | -8.18% |
Max Drawdown (1Y)Largest decline over 1 year | -9.80% | -10.31% | +0.51% |
Max Drawdown (3Y)Largest decline over 3 years | -20.65% | -17.07% | -3.58% |
Max Drawdown (5Y)Largest decline over 5 years | -20.65% | -19.31% | -1.34% |
Max Drawdown (10Y)Largest decline over 10 years | -36.52% | — | — |
Current DrawdownCurrent decline from peak | -4.33% | -6.81% | +2.48% |
Average DrawdownAverage peak-to-trough decline | -7.80% | -7.23% | -0.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.86% | 3.18% | -0.32% |
Volatility
TTPX.DE vs. SGAJ.DE - Volatility Comparison
The current volatility for Amundi Japan Topix UCITS ETF Daily Hedged EUR (Acc) (TTPX.DE) is 6.03%, while iShares MSCI Japan ESG Screened UCITS ETF USD (Acc) (SGAJ.DE) has a volatility of 6.59%. This indicates that TTPX.DE experiences smaller price fluctuations and is considered to be less risky than SGAJ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TTPX.DE | SGAJ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.03% | 6.59% | -0.56% |
Volatility (6M)Calculated over the trailing 6-month period | 15.54% | 16.28% | -0.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.47% | 20.00% | -0.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.09% | 16.97% | +1.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.15% | 18.19% | -0.04% |
TTPX.DE vs. SGAJ.DE - Expense Ratio Comparison
TTPX.DE has a 0.48% expense ratio, which is higher than SGAJ.DE's 0.15% expense ratio.
Dividends
TTPX.DE vs. SGAJ.DE - Dividend Comparison
Neither TTPX.DE nor SGAJ.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.91, TTPX.DE and SGAJ.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, SGAJ.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SGAJ.DE is cheaper with a 0.15% expense ratio, compared with 0.48% for TTPX.DE.
TTPX.DE tracks TOPIX Index (EUR Hedged), while SGAJ.DE tracks MSCI Japan ESG Screened. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.48% for TTPX.DE and 0.15% for SGAJ.DE.
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