XDJE.DE vs. XNKY.DE
XDJE.DE (Xtrackers Nikkei 225 UCITS ETF EUR Hedged (Dist)) and XNKY.DE (Xtrackers Nikkei 225 UCITS ETF) are both Japan Equities funds from Xtrackers - XDJE.DE tracks the Nikkei 225 Index (EUR Hedged) while XNKY.DE tracks the Nikkei 225®. Both are passively managed. Over the past 5 years, XDJE.DE returned 22.73%/yr vs 13.08%/yr for XNKY.DE. Their correlation of 0.87 suggests significant overlap in exposure. XDJE.DE charges 0.19%/yr vs 0.09%/yr for XNKY.DE.
Performance
XDJE.DE vs. XNKY.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XDJE.DE achieves a 39.34% return, which is significantly higher than XNKY.DE's 36.19% return.
XDJE.DE
- 1D
- 1.66%
- 1M
- 2.25%
- 6M
- 38.79%
- YTD
- 39.34%
- 1Y
- 77.62%
- 3Y*
- 32.58%
- 5Y*
- 22.73%
- 10Y*
- —
XNKY.DE
- 1D
- 0.00%
- 1M
- 1.43%
- 6M
- 36.04%
- YTD
- 36.19%
- 1Y
- 60.65%
- 3Y*
- 22.64%
- 5Y*
- 13.08%
- 10Y*
- —
XDJE.DE vs. XNKY.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
XDJE.DE Xtrackers Nikkei 225 UCITS ETF EUR Hedged (Dist) | 39.34% | 30.93% | 23.55% | 35.26% | -9.02% | 5.24% | 12.60% |
XNKY.DE Xtrackers Nikkei 225 UCITS ETF | 36.19% | 16.16% | 14.34% | 18.03% | -15.35% | 3.16% | 7.65% |
Correlation
The correlation between XDJE.DE and XNKY.DE is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.95 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.90 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.86 |
Correlation (All Time) Calculated using the full available price history since Nov 9, 2020 | 0.87 |
The correlation between XDJE.DE and XNKY.DE has been stable across timeframes, ranging from 0.86 to 0.95 - a consistent structural relationship.
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Return for Risk
XDJE.DE vs. XNKY.DE — Risk / Return Rank
XDJE.DE
XNKY.DE
XDJE.DE vs. XNKY.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 Xtrackers Nikkei 225 UCITS ETF (XNKY.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 | XNKY.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.54 | ||
| Sortino ratioReturn per unit of downside risk | +0.53 | ||
| Omega ratioGain probability vs. loss probability | 1.48 | 1.40 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 6.05 | 4.69 | +1.36 |
| Martin ratioReturn relative to average drawdown | 19.40 | 14.08 | +5.33 |
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Drawdowns
XDJE.DE vs. XNKY.DE - Drawdown Comparison
The maximum XDJE.DE drawdown since its inception was -32.45%, which is greater than XNKY.DE's maximum drawdown of -21.47%. Use the drawdown chart below to compare losses from any high point for XDJE.DE and XNKY.DE.
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Drawdown Indicators
| XDJE.DE | XNKY.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.45% | -21.47% | -10.98% |
Max Drawdown (1Y)Largest decline over 1 year | -12.77% | -12.99% | +0.22% |
Max Drawdown (3Y)Largest decline over 3 years | -22.87% | -20.16% | -2.71% |
Max Drawdown (5Y)Largest decline over 5 years | -22.87% | -21.15% | -1.72% |
Current DrawdownCurrent decline from peak | -4.38% | -5.73% | +1.35% |
Average DrawdownAverage peak-to-trough decline | -6.08% | -7.80% | +1.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.99% | 4.33% | -0.34% |
Volatility
XDJE.DE vs. XNKY.DE - Volatility Comparison
Xtrackers Nikkei 225 UCITS ETF EUR Hedged (Dist) (XDJE.DE) has a higher volatility of 10.10% compared to Xtrackers Nikkei 225 UCITS ETF (XNKY.DE) at 9.58%. This indicates that XDJE.DE's price experiences larger fluctuations and is considered to be riskier than XNKY.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 | XNKY.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.10% | 9.58% | +0.52% |
Volatility (6M)Calculated over the trailing 6-month period | 20.83% | 20.53% | +0.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.12% | 25.21% | +0.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.08% | 19.02% | +2.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.00% | 18.69% | +3.31% |
XDJE.DE vs. XNKY.DE - Expense Ratio Comparison
XDJE.DE has a 0.19% expense ratio, which is higher than XNKY.DE's 0.09% expense ratio. However, 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. XNKY.DE - Dividend Comparison
XDJE.DE's dividend yield for the trailing twelve months is around 0.79%, while XNKY.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
XDJE.DE Xtrackers Nikkei 225 UCITS ETF EUR Hedged (Dist) | 0.79% | 1.11% | 1.21% | 1.32% | 2.27% | 1.08% | 1.00% |
XNKY.DE Xtrackers Nikkei 225 UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.95, XDJE.DE and XNKY.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, XNKY.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XNKY.DE is cheaper with a 0.09% expense ratio, compared with 0.19% for XDJE.DE.
XDJE.DE tracks Nikkei 225 Index (EUR Hedged), while XNKY.DE tracks Nikkei 225®. Their fees differ too: 0.19% for XDJE.DE and 0.09% for XNKY.DE.
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