XDNY.DE vs. NS4E.DE
XDNY.DE (Xtrackers MSCI Japan ESG Screened UCITS ETF 1D) and NS4E.DE (Invesco JPX-Nikkei 400 UCITS ETF (EUR Hdg)) are both Japan Equities funds - XDNY.DE tracks the MSCI Japan Select ESG Screened while NS4E.DE tracks the JPX-Nikkei Index 400. Both are passively managed. Over the past 10 years, XDNY.DE returned 8.14%/yr vs 13.98%/yr for NS4E.DE. Their correlation of 0.84 suggests significant overlap in exposure. XDNY.DE charges 0.15%/yr vs 0.19%/yr for NS4E.DE.
Performance
XDNY.DE vs. NS4E.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XDNY.DE achieves a 14.26% return, which is significantly lower than NS4E.DE's 17.06% return. Over the past 10 years, XDNY.DE has underperformed NS4E.DE with an annualized return of 8.14%, while NS4E.DE has yielded a comparatively higher 13.98% annualized return.
XDNY.DE
- 1D
- -2.32%
- 1M
- -4.30%
- 6M
- 7.46%
- YTD
- 14.26%
- 1Y
- 30.85%
- 3Y*
- 14.52%
- 5Y*
- 8.84%
- 10Y*
- 8.14%
NS4E.DE
- 1D
- -2.16%
- 1M
- -2.98%
- 6M
- 9.96%
- YTD
- 17.06%
- 1Y
- 42.35%
- 3Y*
- 25.18%
- 5Y*
- 19.49%
- 10Y*
- 13.98%
XDNY.DE vs. NS4E.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 | 14.26% | 11.70% | 12.67% | 16.15% | -12.83% | 9.07% | 4.79% | 22.35% | -10.67% | 9.68% |
NS4E.DE Invesco JPX-Nikkei 400 UCITS ETF (EUR Hdg) | 17.06% | 27.33% | 22.81% | 33.35% | -4.26% | 10.90% | 7.50% | 17.31% | -17.52% | 19.58% |
Correlation
The correlation between XDNY.DE and NS4E.DE is 0.91, 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 | 0.91 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.85 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.81 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.83 |
Correlation (All Time) Calculated using the full available price history since Mar 31, 2015 | 0.84 |
The correlation between XDNY.DE and NS4E.DE shifts across timeframes, from 0.81 (5 years) to 0.91 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
XDNY.DE vs. NS4E.DE — Risk / Return Rank
XDNY.DE
NS4E.DE
XDNY.DE vs. NS4E.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 Invesco JPX-Nikkei 400 UCITS ETF (EUR Hdg) (NS4E.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.
| XDNY.DE | NS4E.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.61 | ||
| Sortino ratioReturn per unit of downside risk | -0.71 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.39 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 3.01 | 4.40 | -1.38 |
| Martin ratioReturn relative to average drawdown | 9.61 | 15.01 | -5.40 |
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Drawdowns
XDNY.DE vs. NS4E.DE - Drawdown Comparison
The maximum XDNY.DE drawdown since its inception was -99.40%, which is greater than NS4E.DE's maximum drawdown of -35.32%. Use the drawdown chart below to compare losses from any high point for XDNY.DE and NS4E.DE.
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Drawdown Indicators
| XDNY.DE | NS4E.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.40% | -35.32% | -64.08% |
Max Drawdown (1Y)Largest decline over 1 year | -10.20% | -9.59% | -0.61% |
Max Drawdown (3Y)Largest decline over 3 years | -17.97% | -20.96% | +2.99% |
Max Drawdown (5Y)Largest decline over 5 years | -19.82% | -20.96% | +1.14% |
Max Drawdown (10Y)Largest decline over 10 years | -28.32% | -35.32% | +7.00% |
Current DrawdownCurrent decline from peak | -98.44% | -4.65% | -93.79% |
Average DrawdownAverage peak-to-trough decline | -98.65% | -8.00% | -90.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.20% | 2.81% | +0.39% |
Volatility
XDNY.DE vs. NS4E.DE - Volatility Comparison
Xtrackers MSCI Japan ESG Screened UCITS ETF 1D (XDNY.DE) has a higher volatility of 6.46% compared to Invesco JPX-Nikkei 400 UCITS ETF (EUR Hdg) (NS4E.DE) at 6.07%. This indicates that XDNY.DE's price experiences larger fluctuations and is considered to be riskier than NS4E.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XDNY.DE | NS4E.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.46% | 6.07% | +0.39% |
Volatility (6M)Calculated over the trailing 6-month period | 16.22% | 15.68% | +0.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.91% | 19.57% | +0.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.99% | 18.21% | -1.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.58% | 18.20% | -1.62% |
XDNY.DE vs. NS4E.DE - Expense Ratio Comparison
XDNY.DE has a 0.15% expense ratio, which is lower than NS4E.DE's 0.19% 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. NS4E.DE - Dividend Comparison
XDNY.DE's dividend yield for the trailing twelve months is around 1.45%, while NS4E.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
NS4E.DE Invesco JPX-Nikkei 400 UCITS ETF (EUR Hdg) | 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 | 1.45% | 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 0.91, XDNY.DE and NS4E.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 0.19% for NS4E.DE.
XDNY.DE tracks MSCI Japan Select ESG Screened, while NS4E.DE tracks JPX-Nikkei Index 400. They also come from different issuers: Xtrackers and Invesco. Their fees differ too: 0.15% for XDNY.DE and 0.19% for NS4E.DE.
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