VJPA.DE vs. NS4E.DE
VJPA.DE (Vanguard FTSE Japan UCITS ETF Accumulating) and NS4E.DE (Invesco JPX-Nikkei 400 UCITS ETF (EUR Hdg)) are both Japan Equities funds - VJPA.DE tracks the FTSE Japan while NS4E.DE tracks the JPX-Nikkei Index 400. Both are passively managed. Over the past 5 years, VJPA.DE returned 10.14%/yr vs 20.14%/yr for NS4E.DE. Their correlation of 0.83 suggests significant overlap in exposure. VJPA.DE charges 0.15%/yr vs 0.19%/yr for NS4E.DE.
Performance
VJPA.DE vs. NS4E.DE - Performance Comparison
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Returns By Period
In the year-to-date period, VJPA.DE achieves a 18.41% return, which is significantly lower than NS4E.DE's 20.29% return.
VJPA.DE
- 1D
- -1.11%
- 1M
- 0.99%
- 6M
- 12.26%
- YTD
- 18.41%
- 1Y
- 37.52%
- 3Y*
- 17.21%
- 5Y*
- 10.14%
- 10Y*
- —
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%
VJPA.DE vs. NS4E.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
VJPA.DE Vanguard FTSE Japan UCITS ETF Accumulating | 18.41% | 13.28% | 13.06% | 15.84% | -11.43% | 9.42% | 4.85% | -6.04% |
NS4E.DE Invesco JPX-Nikkei 400 UCITS ETF (EUR Hdg) | 20.29% | 27.33% | 22.81% | 33.35% | -4.26% | 10.90% | 7.50% | 7.75% |
Correlation
The correlation between VJPA.DE and NS4E.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 | 0.86 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Sep 24, 2019 | 0.83 |
The correlation between VJPA.DE and NS4E.DE shifts across timeframes, from 0.81 (5 years) to 0.93 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
VJPA.DE vs. NS4E.DE — Risk / Return Rank
VJPA.DE
NS4E.DE
VJPA.DE vs. NS4E.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Japan UCITS ETF Accumulating (VJPA.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.
| VJPA.DE | NS4E.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.46 | ||
| Sortino ratioReturn per unit of downside risk | -0.55 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.44 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 3.80 | 4.91 | -1.12 |
| Martin ratioReturn relative to average drawdown | 12.69 | 16.90 | -4.21 |
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Drawdowns
VJPA.DE vs. NS4E.DE - Drawdown Comparison
The maximum VJPA.DE drawdown since its inception was -30.84%, smaller than the maximum NS4E.DE drawdown of -35.32%. Use the drawdown chart below to compare losses from any high point for VJPA.DE and NS4E.DE.
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Drawdown Indicators
| VJPA.DE | NS4E.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.84% | -35.32% | +4.48% |
Max Drawdown (1Y)Largest decline over 1 year | -9.84% | -9.59% | -0.25% |
Max Drawdown (3Y)Largest decline over 3 years | -16.01% | -20.96% | +4.95% |
Max Drawdown (5Y)Largest decline over 5 years | -18.90% | -20.96% | +2.06% |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.32% | — |
Current DrawdownCurrent decline from peak | -3.10% | -2.02% | -1.08% |
Average DrawdownAverage peak-to-trough decline | -6.49% | -8.00% | +1.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.95% | 2.79% | +0.16% |
Volatility
VJPA.DE vs. NS4E.DE - Volatility Comparison
Vanguard FTSE Japan UCITS ETF Accumulating (VJPA.DE) and Invesco JPX-Nikkei 400 UCITS ETF (EUR Hdg) (NS4E.DE) have volatilities of 6.15% and 5.89%, 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
| VJPA.DE | NS4E.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.15% | 5.89% | +0.26% |
Volatility (6M)Calculated over the trailing 6-month period | 15.60% | 15.50% | +0.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.02% | 19.46% | -0.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.37% | 18.19% | -1.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.92% | 18.19% | -0.27% |
VJPA.DE vs. NS4E.DE - Expense Ratio Comparison
VJPA.DE has a 0.15% 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
VJPA.DE vs. NS4E.DE - Dividend Comparison
Neither VJPA.DE nor NS4E.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.93, VJPA.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, VJPA.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VJPA.DE is cheaper with a 0.15% expense ratio, compared with 0.19% for NS4E.DE.
VJPA.DE tracks FTSE Japan, while NS4E.DE tracks JPX-Nikkei Index 400. They also come from different issuers: Vanguard and Invesco. Their fees differ too: 0.15% for VJPA.DE and 0.19% for NS4E.DE.
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