UIM5.DE vs. NS4E.DE
UIM5.DE (UBS ETF (LU) MSCI Japan UCITS ETF (JPY) A-dis) and NS4E.DE (Invesco JPX-Nikkei 400 UCITS ETF (EUR Hdg)) are both Japan Equities funds - UIM5.DE tracks the MSCI Japan while NS4E.DE tracks the JPX-Nikkei Index 400. Both are passively managed. Over the past 10 years, UIM5.DE returned 8.98%/yr vs 14.29%/yr for NS4E.DE. Their correlation of 0.84 suggests significant overlap in exposure. UIM5.DE charges 0.12%/yr vs 0.19%/yr for NS4E.DE.
Performance
UIM5.DE vs. NS4E.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, UIM5.DE achieves a 18.99% return, which is significantly lower than NS4E.DE's 20.29% return. Over the past 10 years, UIM5.DE has underperformed NS4E.DE with an annualized return of 8.98%, while NS4E.DE has yielded a comparatively higher 14.29% annualized return.
UIM5.DE
- 1D
- -0.83%
- 1M
- 0.88%
- 6M
- 12.53%
- YTD
- 18.99%
- 1Y
- 38.35%
- 3Y*
- 17.36%
- 5Y*
- 10.30%
- 10Y*
- 8.98%
NS4E.DE
- 1D
- -1.03%
- 1M
- 1.65%
- 6M
- 13.30%
- YTD
- 20.29%
- 1Y
- 47.35%
- 3Y*
- 26.88%
- 5Y*
- 20.14%
- 10Y*
- 14.29%
UIM5.DE vs. NS4E.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UIM5.DE UBS ETF (LU) MSCI Japan UCITS ETF (JPY) A-dis | 18.99% | 12.70% | 13.65% | 16.46% | -12.42% | 10.03% | 5.15% | 22.28% | -9.98% | 9.08% |
NS4E.DE Invesco JPX-Nikkei 400 UCITS ETF (EUR Hdg) | 20.29% | 27.33% | 22.81% | 33.35% | -4.26% | 10.90% | 7.50% | 17.31% | -17.52% | 19.58% |
Correlation
The correlation between UIM5.DE and NS4E.DE is 0.92, 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 | 0.92 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.86 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.82 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.83 |
Correlation (All Time) Calculated using the full available price history since Mar 10, 2015 | 0.84 |
The correlation between UIM5.DE and NS4E.DE shifts across timeframes, from 0.82 (5 years) to 0.92 (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
UIM5.DE vs. NS4E.DE — Risk / Return Rank
UIM5.DE
NS4E.DE
UIM5.DE vs. NS4E.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) MSCI Japan UCITS ETF (JPY) A-dis (UIM5.DE) and Invesco JPX-Nikkei 400 UCITS ETF (EUR Hdg) (NS4E.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.
| UIM5.DE | NS4E.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.49 | ||
| Sortino ratioReturn per unit of downside risk | -0.59 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.44 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 3.78 | 4.91 | -1.13 |
| Martin ratioReturn relative to average drawdown | 12.16 | 16.90 | -4.74 |
Loading charts...
Drawdowns
UIM5.DE vs. NS4E.DE - Drawdown Comparison
The maximum UIM5.DE drawdown since its inception was -99.65%, which is greater than NS4E.DE's maximum drawdown of -35.32%. Use the drawdown chart below to compare losses from any high point for UIM5.DE and NS4E.DE.
Loading charts...
Drawdown Indicators
| UIM5.DE | NS4E.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.65% | -35.32% | -64.33% |
Max Drawdown (1Y)Largest decline over 1 year | -10.09% | -9.59% | -0.50% |
Max Drawdown (3Y)Largest decline over 3 years | -16.89% | -20.96% | +4.07% |
Max Drawdown (5Y)Largest decline over 5 years | -19.01% | -20.96% | +1.95% |
Max Drawdown (10Y)Largest decline over 10 years | -28.09% | -35.32% | +7.23% |
Current DrawdownCurrent decline from peak | -98.19% | -2.02% | -96.17% |
Average DrawdownAverage peak-to-trough decline | -94.91% | -8.00% | -86.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.14% | 2.79% | +0.35% |
Volatility
UIM5.DE vs. NS4E.DE - Volatility Comparison
UBS ETF (LU) MSCI Japan UCITS ETF (JPY) A-dis (UIM5.DE) has a higher volatility of 6.51% compared to Invesco JPX-Nikkei 400 UCITS ETF (EUR Hdg) (NS4E.DE) at 5.89%. This indicates that UIM5.DE's price experiences larger fluctuations and is considered to be riskier than NS4E.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| UIM5.DE | NS4E.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.51% | 5.89% | +0.62% |
Volatility (6M)Calculated over the trailing 6-month period | 16.17% | 15.50% | +0.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.79% | 19.46% | +0.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.86% | 18.19% | -1.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.48% | 18.19% | -1.71% |
UIM5.DE vs. NS4E.DE - Expense Ratio Comparison
UIM5.DE has a 0.12% expense ratio, which is lower than NS4E.DE's 0.19% 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
UIM5.DE vs. NS4E.DE - Dividend Comparison
UIM5.DE's dividend yield for the trailing twelve months is around 1.56%, while NS4E.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NS4E.DE Invesco JPX-Nikkei 400 UCITS ETF (EUR Hdg) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UIM5.DE UBS ETF (LU) MSCI Japan UCITS ETF (JPY) A-dis | 1.56% | 1.71% | 1.67% | 1.80% | 2.11% | 1.52% | 1.66% | 1.65% | 1.58% | 1.32% | 1.54% | 1.20% |
Frequently Asked Questions
With a correlation of 0.92, UIM5.DE and NS4E.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, UIM5.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
UIM5.DE is cheaper with a 0.12% expense ratio, compared with 0.19% for NS4E.DE.
UIM5.DE tracks MSCI Japan, while NS4E.DE tracks JPX-Nikkei Index 400. They also come from different issuers: UBS and Invesco. Their fees differ too: 0.12% for UIM5.DE and 0.19% for NS4E.DE.
Find the right allocation for UIM5.DE and NS4E.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