XDNY.DE vs. SMLN.DE
XDNY.DE (Xtrackers MSCI Japan ESG Screened UCITS ETF 1D) and SMLN.DE (Invesco JPX-Nikkei 400 UCITS ETF) are both Japan Equities funds - XDNY.DE tracks the MSCI Japan Select ESG Screened while SMLN.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 SMLN.DE. With a 0.98 correlation, they move nearly in lockstep. XDNY.DE charges 0.15%/yr vs 0.19%/yr for SMLN.DE.
Performance
XDNY.DE vs. SMLN.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with XDNY.DE having a 15.90% return and SMLN.DE slightly lower at 15.87%. Both investments have delivered pretty close results over the past 10 years, with XDNY.DE having a 8.63% annualized return and SMLN.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%
SMLN.DE
- 1D
- -0.49%
- 1M
- 2.39%
- YTD
- 15.87%
- 6M
- 15.98%
- 1Y
- 29.39%
- 3Y*
- 14.96%
- 5Y*
- 9.82%
- 10Y*
- 8.93%
XDNY.DE vs. SMLN.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% |
SMLN.DE Invesco JPX-Nikkei 400 UCITS ETF | 15.87% | 12.69% | 12.93% | 16.15% | -11.17% | 8.51% | 4.78% | 22.29% | -10.60% | 9.59% |
Correlation
The correlation between XDNY.DE and SMLN.DE is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.97 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.96 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.97 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.98 |
Correlation (All Time) Calculated using the full available price history since Apr 20, 2015 | 0.98 |
The correlation between XDNY.DE and SMLN.DE has been stable across timeframes, ranging from 0.96 to 0.98 - a consistent structural relationship.
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Return for Risk
XDNY.DE vs. SMLN.DE — Risk / Return Rank
XDNY.DE
SMLN.DE
XDNY.DE vs. SMLN.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 (SMLN.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 | SMLN.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.02 | ||
| Sortino ratioReturn per unit of downside risk | +0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.30 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.84 | 2.99 | -0.14 |
| Martin ratioReturn relative to average drawdown | 9.22 | 9.93 | -0.70 |
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 | SMLN.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.54 | 1.56 | -0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.55 | 0.60 | -0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.52 | 0.55 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | 0.51 | -0.14 |
Drawdowns
XDNY.DE vs. SMLN.DE - Drawdown Comparison
The maximum XDNY.DE drawdown since its inception was -28.31%, roughly equal to the maximum SMLN.DE drawdown of -28.42%. Use the drawdown chart below to compare losses from any high point for XDNY.DE and SMLN.DE.
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Drawdown Indicators
| XDNY.DE | SMLN.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.31% | -28.42% | +0.11% |
Max Drawdown (1Y)Largest decline over 1 year | -10.21% | -9.43% | -0.78% |
Max Drawdown (3Y)Largest decline over 3 years | -17.96% | -15.55% | -2.41% |
Max Drawdown (5Y)Largest decline over 5 years | -19.82% | -19.85% | +0.03% |
Max Drawdown (10Y)Largest decline over 10 years | -28.31% | -28.42% | +0.11% |
Current DrawdownCurrent decline from peak | -0.44% | -0.49% | +0.05% |
Average DrawdownAverage peak-to-trough decline | -6.48% | -6.03% | -0.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.16% | 2.84% | +0.32% |
Volatility
XDNY.DE vs. SMLN.DE - Volatility Comparison
Xtrackers MSCI Japan ESG Screened UCITS ETF 1D (XDNY.DE) and Invesco JPX-Nikkei 400 UCITS ETF (SMLN.DE) have volatilities of 3.45% and 3.44%, 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 | SMLN.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.45% | 3.44% | +0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 15.05% | 14.75% | +0.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.82% | 18.07% | +0.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.76% | 16.12% | +0.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.54% | 16.22% | +0.32% |
XDNY.DE vs. SMLN.DE - Expense Ratio Comparison
XDNY.DE has a 0.15% expense ratio, which is lower than SMLN.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. SMLN.DE - Dividend Comparison
XDNY.DE's dividend yield for the trailing twelve months is around 1.42%, while SMLN.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
SMLN.DE Invesco JPX-Nikkei 400 UCITS ETF | 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 0.97, XDNY.DE and SMLN.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 SMLN.DE.
XDNY.DE tracks MSCI Japan Select ESG Screened, while SMLN.DE tracks JPX-Nikkei 400. They also come from different issuers: Xtrackers and Invesco. Their fees differ too: 0.15% for XDNY.DE and 0.19% for SMLN.DE.
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