UIM5.DE vs. TTPX.DE

Last updated Jul 18, 2026

UIM5.DE (UBS ETF (LU) MSCI Japan UCITS ETF (JPY) A-dis) and TTPX.DE (Amundi Japan Topix UCITS ETF Daily Hedged EUR (Acc)) are both Japan Equities funds - UIM5.DE tracks the MSCI Japan while TTPX.DE tracks the TOPIX Index (EUR Hedged). Both are passively managed. Over the past 10 years, UIM5.DE returned 8.60%/yr vs 13.40%/yr for TTPX.DE. Their correlation of 0.86 suggests significant overlap in exposure. UIM5.DE charges 0.12%/yr vs 0.48%/yr for TTPX.DE.

Performance

UIM5.DE vs. TTPX.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in UBS ETF (LU) MSCI Japan UCITS ETF (JPY) A-dis (UIM5.DE) and Amundi Japan Topix UCITS ETF Daily Hedged EUR (Acc) (TTPX.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UIM5.DE achieves a 14.71% return, which is significantly lower than TTPX.DE's 16.32% return. Over the past 10 years, UIM5.DE has underperformed TTPX.DE with an annualized return of 8.60%, while TTPX.DE has yielded a comparatively higher 13.40% annualized return.

UIM5.DE

• 1D: -2.58%
• 1M: -4.54%
• 6M: 7.46%
• YTD: 14.71%
• 1Y: 32.05%
• 3Y*: 15.45%
• 5Y*: 9.49%
• 10Y*: 8.60%

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%

*Multi-year figures are annualized to reflect compound growth (CAGR)

UIM5.DE vs. TTPX.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	14.71%	12.70%	13.65%	16.46%	-12.42%	10.03%	5.15%	22.28%	-9.98%	9.08%
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%	-17.94%	20.25%

Correlation

The correlation between UIM5.DE and TTPX.DE is 0.93, 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	0.93
Correlation (3Y) Calculated over the trailing 3-year period	0.87
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 Feb 26, 2013	0.86

The correlation between UIM5.DE and TTPX.DE shifts across timeframes, from 0.82 (5 years) to 0.93 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

UIM5.DE vs. TTPX.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

UIM5.DE

UIM5.DE Risk / Return Rank: 71
UIM5.DE Sharpe Ratio Rank: 65
UIM5.DE Sortino Ratio Rank: 67
UIM5.DE Omega Ratio Rank: 67
UIM5.DE Calmar Ratio Rank: 81
UIM5.DE Martin Ratio Rank: 74

TTPX.DE

TTPX.DE Risk / Return Rank: 88
TTPX.DE Sharpe Ratio Rank: 87
TTPX.DE Sortino Ratio Rank: 86
TTPX.DE Omega Ratio Rank: 85
TTPX.DE Calmar Ratio Rank: 91
TTPX.DE Martin Ratio Rank: 89

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

UIM5.DE vs. TTPX.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 Amundi Japan Topix UCITS ETF Daily Hedged EUR (Acc) (TTPX.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	TTPX.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.60	2.16	-0.55
Sortino ratio: Return per unit of downside risk	2.33	3.00	-0.67
Omega ratio: Gain probability vs. loss probability	1.30	1.39	-0.09
Calmar ratio: Return relative to maximum drawdown	3.16	4.26	-1.10
Martin ratio: Return relative to average drawdown	10.02	14.65	-4.63

UIM5.DE vs. TTPX.DE - Sharpe Ratio Comparison

The current UIM5.DE Sharpe Ratio is 1.60, which is comparable to the TTPX.DE Sharpe Ratio of 2.16. The chart below compares the historical Sharpe Ratios of UIM5.DE and TTPX.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

UIM5.DE vs. TTPX.DE - Drawdown Comparison

The maximum UIM5.DE drawdown since its inception was -99.65%, which is greater than TTPX.DE's maximum drawdown of -36.52%. Use the drawdown chart below to compare losses from any high point for UIM5.DE and TTPX.DE.

Drawdown Indicators

	UIM5.DE	TTPX.DE	Difference
Max Drawdown Largest peak-to-trough decline	-99.65%	-36.52%	-63.13%
Max Drawdown (1Y) Largest decline over 1 year	-10.09%	-9.80%	-0.29%
Max Drawdown (3Y) Largest decline over 3 years	-16.89%	-20.65%	+3.76%
Max Drawdown (5Y) Largest decline over 5 years	-19.01%	-20.65%	+1.64%
Max Drawdown (10Y) Largest decline over 10 years	-28.09%	-36.52%	+8.43%
Current Drawdown Current decline from peak	-98.25%	-4.33%	-93.92%
Average Drawdown Average peak-to-trough decline	-94.91%	-7.80%	-87.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.19%	2.86%	+0.33%

Volatility

UIM5.DE vs. TTPX.DE - Volatility Comparison

UBS ETF (LU) MSCI Japan UCITS ETF (JPY) A-dis (UIM5.DE) has a higher volatility of 6.62% compared to Amundi Japan Topix UCITS ETF Daily Hedged EUR (Acc) (TTPX.DE) at 6.03%. This indicates that UIM5.DE's price experiences larger fluctuations and is considered to be riskier than TTPX.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UIM5.DE	TTPX.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.62%	6.03%	+0.59%
Volatility (6M) Calculated over the trailing 6-month period	16.42%	15.54%	+0.88%
Volatility (1Y) Calculated over the trailing 1-year period	19.97%	19.47%	+0.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.90%	18.09%	-1.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.50%	18.15%	-1.65%

UIM5.DE vs. TTPX.DE - Expense Ratio Comparison

UIM5.DE has a 0.12% expense ratio, which is lower than TTPX.DE's 0.48% expense ratio.

Dividends

UIM5.DE vs. TTPX.DE - Dividend Comparison

UIM5.DE's dividend yield for the trailing twelve months is around 1.61%, while TTPX.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TTPX.DE Amundi Japan Topix UCITS ETF Daily Hedged EUR (Acc)	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	1.61%	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

Can I hold both UIM5.DE and TTPX.DE in my portfolio?

With a correlation of 0.93, UIM5.DE and TTPX.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.

Which ETF is better, UIM5.DE or TTPX.DE?

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.

Which ETF is cheaper, UIM5.DE or TTPX.DE?

UIM5.DE is cheaper with a 0.12% expense ratio, compared with 0.48% for TTPX.DE.

What is the main difference between UIM5.DE and TTPX.DE?

UIM5.DE tracks MSCI Japan, while TTPX.DE tracks TOPIX Index (EUR Hedged). They also come from different issuers: UBS and Amundi. Their fees differ too: 0.12% for UIM5.DE and 0.48% for TTPX.DE.