XDJP.DE vs. JP40.DE
XDJP.DE (Xtrackers Nikkei 225 UCITS ETF 1D) and JP40.DE (Amundi JPX Nikkei 400 UCITS ETF EUR) are both Japan Equities funds - XDJP.DE tracks the TOPIX TR JPY while JP40.DE tracks the JPX-Nikkei 400. Both are passively managed. Over the past 10 years, XDJP.DE returned 12.04%/yr vs 8.93%/yr for JP40.DE. Their correlation of 0.90 suggests significant overlap in exposure. XDJP.DE charges 0.09%/yr vs 0.18%/yr for JP40.DE.
Performance
XDJP.DE vs. JP40.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XDJP.DE achieves a 32.10% return, which is significantly higher than JP40.DE's 16.15% return. Over the past 10 years, XDJP.DE has outperformed JP40.DE with an annualized return of 12.04%, while JP40.DE has yielded a comparatively lower 8.93% annualized return.
XDJP.DE
- 1D
- -1.43%
- 1M
- 7.59%
- YTD
- 32.10%
- 6M
- 30.23%
- 1Y
- 60.51%
- 3Y*
- 20.79%
- 5Y*
- 12.43%
- 10Y*
- 12.04%
JP40.DE
- 1D
- -0.23%
- 1M
- 2.36%
- YTD
- 16.15%
- 6M
- 16.10%
- 1Y
- 29.23%
- 3Y*
- 14.99%
- 5Y*
- 9.88%
- 10Y*
- 8.93%
XDJP.DE vs. JP40.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XDJP.DE Xtrackers Nikkei 225 UCITS ETF 1D | 32.10% | 16.25% | 14.44% | 18.02% | -15.30% | 3.32% | 14.02% | 24.82% | -4.99% | 10.59% |
JP40.DE Amundi JPX Nikkei 400 UCITS ETF EUR | 16.15% | 12.78% | 13.18% | 15.77% | -11.05% | 8.49% | 4.79% | 22.33% | -10.68% | 9.57% |
Correlation
The correlation between XDJP.DE and JP40.DE is 0.79, 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 | 0.79 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.84 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.86 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.89 |
Correlation (All Time) Calculated using the full available price history since Jan 28, 2015 | 0.90 |
The correlation between XDJP.DE and JP40.DE shifts across timeframes, from 0.79 (1 year) to 0.90 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
XDJP.DE vs. JP40.DE — Risk / Return Rank
XDJP.DE
JP40.DE
XDJP.DE vs. JP40.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Nikkei 225 UCITS ETF 1D (XDJP.DE) and Amundi JPX Nikkei 400 UCITS ETF EUR (JP40.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.
| XDJP.DE | JP40.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.95 | ||
| Sortino ratioReturn per unit of downside risk | +1.24 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.31 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 4.63 | 3.03 | +1.59 |
| Martin ratioReturn relative to average drawdown | 13.98 | 10.04 | +3.93 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| XDJP.DE | JP40.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.53 | 1.58 | +0.95 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.66 | 0.59 | +0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.67 | 0.54 | +0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.66 | 0.46 | +0.19 |
Drawdowns
XDJP.DE vs. JP40.DE - Drawdown Comparison
The maximum XDJP.DE drawdown since its inception was -29.12%, roughly equal to the maximum JP40.DE drawdown of -28.51%. Use the drawdown chart below to compare losses from any high point for XDJP.DE and JP40.DE.
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Drawdown Indicators
| XDJP.DE | JP40.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.12% | -28.51% | -0.61% |
Max Drawdown (1Y)Largest decline over 1 year | -12.86% | -9.43% | -3.43% |
Max Drawdown (3Y)Largest decline over 3 years | -20.18% | -15.82% | -4.36% |
Max Drawdown (5Y)Largest decline over 5 years | -21.15% | -19.66% | -1.49% |
Max Drawdown (10Y)Largest decline over 10 years | -29.12% | -28.51% | -0.61% |
Current DrawdownCurrent decline from peak | -1.43% | -0.23% | -1.20% |
Average DrawdownAverage peak-to-trough decline | -6.85% | -6.10% | -0.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.26% | 2.85% | +1.41% |
Volatility
XDJP.DE vs. JP40.DE - Volatility Comparison
Xtrackers Nikkei 225 UCITS ETF 1D (XDJP.DE) has a higher volatility of 6.62% compared to Amundi JPX Nikkei 400 UCITS ETF EUR (JP40.DE) at 3.29%. This indicates that XDJP.DE's price experiences larger fluctuations and is considered to be riskier than JP40.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XDJP.DE | JP40.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.62% | 3.29% | +3.33% |
Volatility (6M)Calculated over the trailing 6-month period | 18.57% | 14.70% | +3.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.54% | 18.10% | +5.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.59% | 16.56% | +2.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.76% | 16.50% | +1.26% |
XDJP.DE vs. JP40.DE - Expense Ratio Comparison
XDJP.DE has a 0.09% expense ratio, which is lower than JP40.DE's 0.18% 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
XDJP.DE vs. JP40.DE - Dividend Comparison
XDJP.DE's dividend yield for the trailing twelve months is around 1.03%, while JP40.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JP40.DE Amundi JPX Nikkei 400 UCITS ETF EUR | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XDJP.DE Xtrackers Nikkei 225 UCITS ETF 1D | 1.03% | 1.36% | 1.38% | 1.59% | 2.60% | 1.16% | 1.14% | 1.11% | 1.28% | 0.75% | 0.89% | 0.16% |
Frequently Asked Questions
XDJP.DE and JP40.DE have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDJP.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDJP.DE is cheaper with a 0.09% expense ratio, compared with 0.18% for JP40.DE.
XDJP.DE tracks TOPIX TR JPY, while JP40.DE tracks JPX-Nikkei 400. They also come from different issuers: Xtrackers and Amundi. Their fees differ too: 0.09% for XDJP.DE and 0.18% for JP40.DE.
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