TTPX.DE vs. SMLN.DE
TTPX.DE (Amundi Japan Topix UCITS ETF Daily Hedged EUR (Acc)) and SMLN.DE (Invesco JPX-Nikkei 400 UCITS ETF) are both Japan Equities funds - TTPX.DE tracks the TOPIX Index (EUR Hedged) while SMLN.DE tracks the JPX-Nikkei 400. Both are passively managed. Over the past 10 years, TTPX.DE returned 14.51%/yr vs 9.18%/yr for SMLN.DE. Their correlation of 0.84 suggests significant overlap in exposure. TTPX.DE charges 0.48%/yr vs 0.19%/yr for SMLN.DE.
Performance
TTPX.DE vs. SMLN.DE - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with TTPX.DE having a 20.00% return and SMLN.DE slightly lower at 19.62%. Over the past 10 years, TTPX.DE has outperformed SMLN.DE with an annualized return of 14.51%, while SMLN.DE has yielded a comparatively lower 9.18% annualized return.
TTPX.DE
- 1D
- 1.01%
- 1M
- 2.45%
- 6M
- 19.74%
- YTD
- 20.00%
- 1Y
- 46.17%
- 3Y*
- 25.47%
- 5Y*
- 19.18%
- 10Y*
- 14.51%
SMLN.DE
- 1D
- 0.50%
- 1M
- 2.73%
- 6M
- 19.74%
- YTD
- 19.62%
- 1Y
- 34.04%
- 3Y*
- 16.73%
- 5Y*
- 10.46%
- 10Y*
- 9.18%
TTPX.DE vs. SMLN.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TTPX.DE Amundi Japan Topix UCITS ETF Daily Hedged EUR (Acc) | 20.00% | 27.49% | 21.75% | 32.48% | -4.73% | 10.61% | 5.85% | 16.07% | -17.94% | 20.25% |
SMLN.DE Invesco JPX-Nikkei 400 UCITS ETF | 19.62% | 12.69% | 12.93% | 16.15% | -11.17% | 8.51% | 4.78% | 22.29% | -10.60% | 9.59% |
Correlation
The correlation between TTPX.DE and SMLN.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 | 0.85 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.81 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.82 |
Correlation (All Time) Calculated using the full available price history since Nov 10, 2014 | 0.84 |
The correlation between TTPX.DE and SMLN.DE shifts across timeframes, from 0.81 (5 years) to 0.91 (1 year), reflecting how their relationship changes across market environments.
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
TTPX.DE vs. SMLN.DE — Risk / Return Rank
TTPX.DE
SMLN.DE
TTPX.DE vs. SMLN.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 Invesco JPX-Nikkei 400 UCITS ETF (SMLN.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 | SMLN.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.58 | ||
| Sortino ratioReturn per unit of downside risk | +0.70 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.35 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 4.69 | 3.60 | +1.09 |
| Martin ratioReturn relative to average drawdown | 16.30 | 12.11 | +4.19 |
Loading charts...
Drawdowns
TTPX.DE vs. SMLN.DE - Drawdown Comparison
The maximum TTPX.DE drawdown since its inception was -36.52%, smaller than the maximum SMLN.DE drawdown of -99.33%. Use the drawdown chart below to compare losses from any high point for TTPX.DE and SMLN.DE.
Loading charts...
Drawdown Indicators
| TTPX.DE | SMLN.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.52% | -99.33% | +62.81% |
Max Drawdown (1Y)Largest decline over 1 year | -9.80% | -9.43% | -0.37% |
Max Drawdown (3Y)Largest decline over 3 years | -20.65% | -15.55% | -5.10% |
Max Drawdown (5Y)Largest decline over 5 years | -20.65% | -19.85% | -0.80% |
Max Drawdown (10Y)Largest decline over 10 years | -36.52% | -99.33% | +62.81% |
Current DrawdownCurrent decline from peak | -1.22% | -98.37% | +97.15% |
Average DrawdownAverage peak-to-trough decline | -7.82% | -77.99% | +70.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.82% | 2.79% | +0.03% |
Volatility
TTPX.DE vs. SMLN.DE - Volatility Comparison
Amundi Japan Topix UCITS ETF Daily Hedged EUR (Acc) (TTPX.DE) and Invesco JPX-Nikkei 400 UCITS ETF (SMLN.DE) have volatilities of 5.68% and 5.52%, 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.
Loading charts...
Volatility by Period
| TTPX.DE | SMLN.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.68% | 5.52% | +0.16% |
Volatility (6M)Calculated over the trailing 6-month period | 15.12% | 15.27% | -0.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.07% | 18.50% | +0.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.07% | 16.24% | +1.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.20% | 4,014.90% | -3,996.70% |
TTPX.DE vs. SMLN.DE - Expense Ratio Comparison
TTPX.DE has a 0.48% expense ratio, which is higher than SMLN.DE's 0.19% expense ratio.
Dividends
TTPX.DE vs. SMLN.DE - Dividend Comparison
Neither TTPX.DE nor SMLN.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.91, TTPX.DE and SMLN.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, 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 0.48% for TTPX.DE.
TTPX.DE tracks TOPIX Index (EUR Hedged), while SMLN.DE tracks JPX-Nikkei 400. They also come from different issuers: Amundi and Invesco. Their fees differ too: 0.48% for TTPX.DE and 0.19% for SMLN.DE.
Find the right allocation for TTPX.DE and SMLN.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