XDJE.DE vs. 36B4.DE
XDJE.DE (Xtrackers Nikkei 225 UCITS ETF EUR Hedged (Dist)) and 36B4.DE (iShares MSCI Japan SRI UCITS ETF USD Dist) are both Japan Equities funds - XDJE.DE tracks the Nikkei 225 Index (EUR Hedged) while 36B4.DE tracks the MSCI Japan SRI Select Reduced Fossil Fuels. Both are passively managed. Over the past 5 years, XDJE.DE returned 21.52%/yr vs 4.83%/yr for 36B4.DE. A 0.72 correlation means they provide meaningful diversification when combined. XDJE.DE charges 0.19%/yr vs 0.20%/yr for 36B4.DE.
Performance
XDJE.DE vs. 36B4.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XDJE.DE achieves a 29.05% return, which is significantly higher than 36B4.DE's 8.61% return.
XDJE.DE
- 1D
- -2.96%
- 1M
- -8.43%
- 6M
- 21.32%
- YTD
- 29.05%
- 1Y
- 64.75%
- 3Y*
- 29.87%
- 5Y*
- 21.52%
- 10Y*
- —
36B4.DE
- 1D
- -0.79%
- 1M
- 2.83%
- 6M
- 4.52%
- YTD
- 8.61%
- 1Y
- 19.17%
- 3Y*
- 9.22%
- 5Y*
- 4.83%
- 10Y*
- —
XDJE.DE vs. 36B4.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
XDJE.DE Xtrackers Nikkei 225 UCITS ETF EUR Hedged (Dist) | 29.05% | 30.93% | 23.55% | 35.26% | -9.02% | 5.24% | 16.17% | 10.68% |
36B4.DE iShares MSCI Japan SRI UCITS ETF USD Dist | 8.61% | 6.64% | 9.02% | 9.56% | -13.77% | 9.87% | 6.38% | 16.82% |
Correlation
The correlation between XDJE.DE and 36B4.DE is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.65 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.68 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.68 |
Correlation (All Time) Calculated using the full available price history since Feb 27, 2019 | 0.72 |
The correlation between XDJE.DE and 36B4.DE has been stable across timeframes, ranging from 0.65 to 0.72 - a consistent structural relationship.
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Return for Risk
XDJE.DE vs. 36B4.DE — Risk / Return Rank
XDJE.DE
36B4.DE
XDJE.DE vs. 36B4.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Nikkei 225 UCITS ETF EUR Hedged (Dist) (XDJE.DE) and iShares MSCI Japan SRI UCITS ETF USD Dist (36B4.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.
| XDJE.DE | 36B4.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.36 | ||
| Sortino ratioReturn per unit of downside risk | +1.65 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.19 | +0.20 |
| Calmar ratioReturn relative to maximum drawdown | 5.05 | 1.76 | +3.28 |
| Martin ratioReturn relative to average drawdown | 15.20 | 5.09 | +10.10 |
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Drawdowns
XDJE.DE vs. 36B4.DE - Drawdown Comparison
The maximum XDJE.DE drawdown since its inception was -32.45%, which is greater than 36B4.DE's maximum drawdown of -26.98%. Use the drawdown chart below to compare losses from any high point for XDJE.DE and 36B4.DE.
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Drawdown Indicators
| XDJE.DE | 36B4.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.45% | -26.98% | -5.47% |
Max Drawdown (1Y)Largest decline over 1 year | -12.77% | -10.82% | -1.95% |
Max Drawdown (3Y)Largest decline over 3 years | -22.87% | -15.67% | -7.20% |
Max Drawdown (5Y)Largest decline over 5 years | -22.87% | -21.57% | -1.30% |
Current DrawdownCurrent decline from peak | -11.44% | -2.03% | -9.41% |
Average DrawdownAverage peak-to-trough decline | -6.09% | -7.09% | +1.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.25% | 3.75% | +0.50% |
Volatility
XDJE.DE vs. 36B4.DE - Volatility Comparison
Xtrackers Nikkei 225 UCITS ETF EUR Hedged (Dist) (XDJE.DE) has a higher volatility of 9.85% compared to iShares MSCI Japan SRI UCITS ETF USD Dist (36B4.DE) at 4.74%. This indicates that XDJE.DE's price experiences larger fluctuations and is considered to be riskier than 36B4.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XDJE.DE | 36B4.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.85% | 4.74% | +5.11% |
Volatility (6M)Calculated over the trailing 6-month period | 21.43% | 14.24% | +7.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.88% | 18.44% | +8.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.20% | 16.33% | +4.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.07% | 17.25% | +4.82% |
XDJE.DE vs. 36B4.DE - Expense Ratio Comparison
XDJE.DE has a 0.19% expense ratio, which is lower than 36B4.DE's 0.20% 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
XDJE.DE vs. 36B4.DE - Dividend Comparison
XDJE.DE's dividend yield for the trailing twelve months is around 0.85%, less than 36B4.DE's 1.48% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
36B4.DE iShares MSCI Japan SRI UCITS ETF USD Dist | 1.48% | 1.46% | 1.38% | 1.81% | 2.45% | 1.54% | 1.60% | 0.81% |
XDJE.DE Xtrackers Nikkei 225 UCITS ETF EUR Hedged (Dist) | 0.85% | 1.11% | 1.21% | 1.32% | 2.27% | 1.08% | 1.00% | 0.00% |
Frequently Asked Questions
XDJE.DE and 36B4.DE have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDJE.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDJE.DE is cheaper with a 0.19% expense ratio, compared with 0.20% for 36B4.DE.
XDJE.DE tracks Nikkei 225 Index (EUR Hedged), while 36B4.DE tracks MSCI Japan SRI Select Reduced Fossil Fuels. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.19% for XDJE.DE and 0.20% for 36B4.DE.
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