XDNY.DE vs. JP40.DE
XDNY.DE (Xtrackers MSCI Japan ESG Screened UCITS ETF 1D) and JP40.DE (Amundi JPX Nikkei 400 UCITS ETF EUR) are both Japan Equities funds - XDNY.DE tracks the MSCI Japan Select ESG Screened while JP40.DE tracks the JPX-Nikkei 400. Both are passively managed. Over the past 10 years, XDNY.DE returned 8.63%/yr vs 8.93%/yr for JP40.DE. With a 0.95 correlation, they move nearly in lockstep. XDNY.DE charges 0.15%/yr vs 0.18%/yr for JP40.DE.
Performance
XDNY.DE vs. JP40.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with XDNY.DE having a 15.90% return and JP40.DE slightly higher at 16.15%. Both investments have delivered pretty close results over the past 10 years, with XDNY.DE having a 8.63% annualized return and JP40.DE not far ahead at 8.93%.
XDNY.DE
- 1D
- -0.44%
- 1M
- 3.52%
- YTD
- 15.90%
- 6M
- 16.21%
- 1Y
- 30.31%
- 3Y*
- 14.41%
- 5Y*
- 9.26%
- 10Y*
- 8.63%
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%
XDNY.DE vs. JP40.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XDNY.DE Xtrackers MSCI Japan ESG Screened UCITS ETF 1D | 15.90% | 11.68% | 12.72% | 16.12% | -12.80% | 9.09% | 4.75% | 22.34% | -10.65% | 9.65% |
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 XDNY.DE and JP40.DE is 0.93, 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 | 0.93 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.91 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.93 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.95 |
Correlation (All Time) Calculated using the full available price history since Apr 20, 2015 | 0.96 |
The correlation between XDNY.DE and JP40.DE has been stable across timeframes, ranging from 0.91 to 0.95 - a consistent structural relationship.
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Return for Risk
XDNY.DE vs. JP40.DE — Risk / Return Rank
XDNY.DE
JP40.DE
XDNY.DE vs. JP40.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Japan ESG Screened UCITS ETF 1D (XDNY.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.
| XDNY.DE | JP40.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.04 | ||
| Sortino ratioReturn per unit of downside risk | 0.00 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.31 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.84 | 3.03 | -0.19 |
| Martin ratioReturn relative to average drawdown | 9.22 | 10.04 | -0.82 |
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
| XDNY.DE | JP40.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.54 | 1.58 | -0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.55 | 0.59 | -0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.52 | 0.54 | -0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | 0.46 | -0.09 |
Drawdowns
XDNY.DE vs. JP40.DE - Drawdown Comparison
The maximum XDNY.DE drawdown since its inception was -28.31%, roughly equal to the maximum JP40.DE drawdown of -28.51%. Use the drawdown chart below to compare losses from any high point for XDNY.DE and JP40.DE.
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Drawdown Indicators
| XDNY.DE | JP40.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.31% | -28.51% | +0.20% |
Max Drawdown (1Y)Largest decline over 1 year | -10.21% | -9.43% | -0.78% |
Max Drawdown (3Y)Largest decline over 3 years | -17.96% | -15.82% | -2.14% |
Max Drawdown (5Y)Largest decline over 5 years | -19.82% | -19.66% | -0.16% |
Max Drawdown (10Y)Largest decline over 10 years | -28.31% | -28.51% | +0.20% |
Current DrawdownCurrent decline from peak | -0.44% | -0.23% | -0.21% |
Average DrawdownAverage peak-to-trough decline | -6.48% | -6.10% | -0.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.16% | 2.85% | +0.31% |
Volatility
XDNY.DE vs. JP40.DE - Volatility Comparison
Xtrackers MSCI Japan ESG Screened UCITS ETF 1D (XDNY.DE) and Amundi JPX Nikkei 400 UCITS ETF EUR (JP40.DE) have volatilities of 3.45% and 3.29%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XDNY.DE | JP40.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.45% | 3.29% | +0.16% |
Volatility (6M)Calculated over the trailing 6-month period | 15.05% | 14.70% | +0.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.82% | 18.10% | +0.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.76% | 16.56% | +0.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.54% | 16.50% | +0.04% |
XDNY.DE vs. JP40.DE - Expense Ratio Comparison
XDNY.DE has a 0.15% 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
XDNY.DE vs. JP40.DE - Dividend Comparison
XDNY.DE's dividend yield for the trailing twelve months is around 1.42%, while JP40.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
XDNY.DE Xtrackers MSCI Japan ESG Screened UCITS ETF 1D | 1.42% | 1.66% | 1.60% | 1.77% | 2.98% | 1.40% | 1.82% | 1.73% | 1.24% | 2.07% | 0.69% |
Frequently Asked Questions
With a correlation of 0.93, XDNY.DE and JP40.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, XDNY.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDNY.DE is cheaper with a 0.15% expense ratio, compared with 0.18% for JP40.DE.
XDNY.DE tracks MSCI Japan Select ESG Screened, while JP40.DE tracks JPX-Nikkei 400. They also come from different issuers: Xtrackers and Amundi. Their fees differ too: 0.15% for XDNY.DE and 0.18% for JP40.DE.
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