XDJP.L vs. IPXJ.L
XDJP.L (Xtrackers Nikkei 225 UCITS ETF 1D) and IPXJ.L (iShares MSCI Pacific ex-Japan UCITS ETF USD (Dist)) are both Japan Equities funds - XDJP.L tracks the TOPIX TR JPY while IPXJ.L tracks the iShares MSCI Pacific ex-Japan UCITS ETF USD (Dist). Both are passively managed. Over the past 10 years, XDJP.L returned 11.82%/yr vs 6.90%/yr for IPXJ.L. A 0.57 correlation means they provide meaningful diversification when combined. XDJP.L charges 0.09%/yr vs 0.60%/yr for IPXJ.L.
Performance
XDJP.L vs. IPXJ.L - Performance Comparison
Loading charts...
Different Trading Currencies
XDJP.L is traded in GBp, while IPXJ.L is traded in USD. To make them comparable, the IPXJ.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, XDJP.L achieves a 30.27% return, which is significantly higher than IPXJ.L's 10.36% return. Over the past 10 years, XDJP.L has outperformed IPXJ.L with an annualized return of 11.82%, while IPXJ.L has yielded a comparatively lower 6.90% annualized return.
XDJP.L
- 1D
- -1.87%
- 1M
- -3.97%
- 6M
- 22.43%
- YTD
- 30.27%
- 1Y
- 57.42%
- 3Y*
- 21.91%
- 5Y*
- 12.72%
- 10Y*
- 11.82%
IPXJ.L
- 1D
- 0.00%
- 1M
- 1.11%
- 6M
- 8.26%
- YTD
- 10.36%
- 1Y
- 15.30%
- 3Y*
- 11.23%
- 5Y*
- 6.05%
- 10Y*
- 6.90%
XDJP.L vs. IPXJ.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XDJP.L Xtrackers Nikkei 225 UCITS ETF 1D | 30.27% | 21.04% | 9.68% | 15.52% | -10.26% | -3.79% | 21.77% | 16.59% | -3.53% | 14.74% |
IPXJ.L iShares MSCI Pacific ex-Japan UCITS ETF USD (Dist) | 10.36% | 11.37% | 6.28% | 0.36% | 4.89% | 4.60% | 3.52% | 13.12% | -5.53% | 14.57% |
Correlation
The correlation between XDJP.L and IPXJ.L is 0.52, 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 | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.52 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since Jan 25, 2013 | 0.57 |
The correlation between XDJP.L and IPXJ.L has been stable across timeframes, ranging from 0.50 to 0.60 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XDJP.L vs. IPXJ.L — Risk / Return Rank
XDJP.L
IPXJ.L
XDJP.L vs. IPXJ.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Nikkei 225 UCITS ETF 1D (XDJP.L) and iShares MSCI Pacific ex-Japan UCITS ETF USD (Dist) (IPXJ.L). 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.
| XDJP.L | IPXJ.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.08 | ||
| Sortino ratioReturn per unit of downside risk | +1.29 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.22 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 4.26 | 2.16 | +2.11 |
| Martin ratioReturn relative to average drawdown | 12.05 | 5.68 | +6.37 |
Loading charts...
Drawdowns
XDJP.L vs. IPXJ.L - Drawdown Comparison
The maximum XDJP.L drawdown since its inception was -99.99%, which is greater than IPXJ.L's maximum drawdown of -32.97%. Use the drawdown chart below to compare losses from any high point for XDJP.L and IPXJ.L.
Loading charts...
Drawdown Indicators
| XDJP.L | IPXJ.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.99% | -32.97% | -67.02% |
Max Drawdown (1Y)Largest decline over 1 year | -13.40% | -7.02% | -6.38% |
Max Drawdown (3Y)Largest decline over 3 years | -18.82% | -17.12% | -1.70% |
Max Drawdown (5Y)Largest decline over 5 years | -20.61% | -18.23% | -2.38% |
Max Drawdown (10Y)Largest decline over 10 years | -23.69% | -32.97% | +9.28% |
Current DrawdownCurrent decline from peak | -99.97% | -1.48% | -98.49% |
Average DrawdownAverage peak-to-trough decline | -99.40% | -7.03% | -92.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.75% | 2.67% | +2.08% |
Volatility
XDJP.L vs. IPXJ.L - Volatility Comparison
Xtrackers Nikkei 225 UCITS ETF 1D (XDJP.L) has a higher volatility of 10.17% compared to iShares MSCI Pacific ex-Japan UCITS ETF USD (Dist) (IPXJ.L) at 2.87%. This indicates that XDJP.L's price experiences larger fluctuations and is considered to be riskier than IPXJ.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XDJP.L | IPXJ.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.17% | 2.87% | +7.30% |
Volatility (6M)Calculated over the trailing 6-month period | 20.40% | 10.20% | +10.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.88% | 12.50% | +12.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.38% | 14.99% | +3.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.47% | 16.78% | +0.69% |
XDJP.L vs. IPXJ.L - Expense Ratio Comparison
XDJP.L has a 0.09% expense ratio, which is lower than IPXJ.L's 0.60% expense ratio.
Dividends
XDJP.L vs. IPXJ.L - Dividend Comparison
XDJP.L's dividend yield for the trailing twelve months is around 1.05%, less than IPXJ.L's 3.56% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IPXJ.L iShares MSCI Pacific ex-Japan UCITS ETF USD (Dist) | 3.56% | 2.88% | 3.49% | 3.50% | 3.76% | 2.92% | 2.45% | 3.58% | 3.92% | 3.19% | 3.48% | 3.44% |
XDJP.L Xtrackers Nikkei 225 UCITS ETF 1D | 1.05% | 1.33% | 1.41% | 1.60% | 2.47% | 1.20% | 1.11% | 1.13% | 1.24% | 0.72% | 0.83% | 0.16% |
Frequently Asked Questions
XDJP.L and IPXJ.L have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDJP.L is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDJP.L is cheaper with a 0.09% expense ratio, compared with 0.60% for IPXJ.L.
XDJP.L tracks TOPIX TR JPY, while IPXJ.L tracks iShares MSCI Pacific ex-Japan UCITS ETF USD (Dist). They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.09% for XDJP.L and 0.60% for IPXJ.L.
Find the right allocation for XDJP.L and IPXJ.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer