XDNE.DE vs. PRAJ.DE
XDNE.DE (Xtrackers MSCI Japan Screened UCITS ETF EUR Hedged (Acc)) and PRAJ.DE (Amundi Prime Japan UCITS ETF) are both Japan Equities funds - XDNE.DE tracks the MSCI Japan Select Screened Index (EUR Hedged) while PRAJ.DE tracks the Solactive GBS Japan Large & Mid Cap. Both are passively managed. Over the past 5 years, XDNE.DE returned 19.01%/yr vs 10.61%/yr for PRAJ.DE. Their correlation of 0.82 suggests significant overlap in exposure. XDNE.DE charges 0.25%/yr vs 0.05%/yr for PRAJ.DE.
Performance
XDNE.DE vs. PRAJ.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XDNE.DE achieves a 21.20% return, which is significantly higher than PRAJ.DE's 19.61% return.
XDNE.DE
- 1D
- 1.85%
- 1M
- 2.84%
- 6M
- 20.84%
- YTD
- 21.20%
- 1Y
- 47.69%
- 3Y*
- 25.07%
- 5Y*
- 19.01%
- 10Y*
- 14.58%
PRAJ.DE
- 1D
- 1.01%
- 1M
- 3.18%
- 6M
- 19.81%
- YTD
- 19.61%
- 1Y
- 35.14%
- 3Y*
- 17.01%
- 5Y*
- 10.61%
- 10Y*
- —
XDNE.DE vs. PRAJ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
XDNE.DE Xtrackers MSCI Japan Screened UCITS ETF EUR Hedged (Acc) | 21.20% | 25.99% | 21.86% | 32.65% | -6.33% | 11.20% | 6.06% |
PRAJ.DE Amundi Prime Japan UCITS ETF | 19.61% | 12.81% | 13.75% | 16.27% | -11.68% | 10.20% | -99.15% |
Correlation
The correlation between XDNE.DE and PRAJ.DE is 0.90, 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 | 0.90 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.85 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Jan 22, 2020 | 0.82 |
The correlation between XDNE.DE and PRAJ.DE has been stable across timeframes, ranging from 0.81 to 0.90 - 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
XDNE.DE vs. PRAJ.DE — Risk / Return Rank
XDNE.DE
PRAJ.DE
XDNE.DE vs. PRAJ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Japan Screened UCITS ETF EUR Hedged (Acc) (XDNE.DE) and Amundi Prime Japan UCITS ETF (PRAJ.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.
| XDNE.DE | PRAJ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.45 | ||
| Sortino ratioReturn per unit of downside risk | +0.49 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.35 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 4.77 | 3.60 | +1.17 |
| Martin ratioReturn relative to average drawdown | 16.39 | 11.76 | +4.63 |
Loading charts...
Drawdowns
XDNE.DE vs. PRAJ.DE - Drawdown Comparison
The maximum XDNE.DE drawdown since its inception was -35.20%, smaller than the maximum PRAJ.DE drawdown of -99.42%. Use the drawdown chart below to compare losses from any high point for XDNE.DE and PRAJ.DE.
Loading charts...
Drawdown Indicators
| XDNE.DE | PRAJ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.20% | -99.42% | +64.22% |
Max Drawdown (1Y)Largest decline over 1 year | -9.96% | -9.72% | -0.24% |
Max Drawdown (3Y)Largest decline over 3 years | -21.73% | -16.82% | -4.91% |
Max Drawdown (5Y)Largest decline over 5 years | -21.73% | -18.65% | -3.08% |
Max Drawdown (10Y)Largest decline over 10 years | -35.20% | — | — |
Current DrawdownCurrent decline from peak | -2.41% | -98.53% | +96.12% |
Average DrawdownAverage peak-to-trough decline | -8.29% | -98.79% | +90.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.90% | 2.97% | -0.07% |
Volatility
XDNE.DE vs. PRAJ.DE - Volatility Comparison
Xtrackers MSCI Japan Screened UCITS ETF EUR Hedged (Acc) (XDNE.DE) has a higher volatility of 7.30% compared to Amundi Prime Japan UCITS ETF (PRAJ.DE) at 5.62%. This indicates that XDNE.DE's price experiences larger fluctuations and is considered to be riskier than PRAJ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XDNE.DE | PRAJ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.30% | 5.62% | +1.68% |
Volatility (6M)Calculated over the trailing 6-month period | 16.31% | 15.19% | +1.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.60% | 18.89% | +1.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.69% | 16.66% | +2.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.53% | 42.78% | -24.25% |
XDNE.DE vs. PRAJ.DE - Expense Ratio Comparison
XDNE.DE has a 0.25% expense ratio, which is higher than PRAJ.DE's 0.05% 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
XDNE.DE vs. PRAJ.DE - Dividend Comparison
Neither XDNE.DE nor PRAJ.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.90, XDNE.DE and PRAJ.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, PRAJ.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PRAJ.DE is cheaper with a 0.05% expense ratio, compared with 0.25% for XDNE.DE.
XDNE.DE tracks MSCI Japan Select Screened Index (EUR Hedged), while PRAJ.DE tracks Solactive GBS Japan Large & Mid Cap. They also come from different issuers: Xtrackers and Amundi. Their fees differ too: 0.25% for XDNE.DE and 0.05% for PRAJ.DE.
Find the right allocation for XDNE.DE and PRAJ.DE
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