XM1D.DE vs. IUS4.DE
XM1D.DE (Xtrackers MSCI Japan UCITS ETF) and IUS4.DE (iShares MSCI Japan Small Cap UCITS ETF (Dist)) are both Japan Equities funds - XM1D.DE tracks the MSCI Japan while IUS4.DE tracks the MSCI Japan Small Cap. Both are passively managed. Over the past 3 years, XM1D.DE returned 15.70%/yr vs 14.63%/yr for IUS4.DE. Their correlation of 0.84 suggests significant overlap in exposure. XM1D.DE charges 0.12%/yr vs 0.58%/yr for IUS4.DE.
Performance
XM1D.DE vs. IUS4.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XM1D.DE achieves a 17.34% return, which is significantly higher than IUS4.DE's 14.74% return.
XM1D.DE
- 1D
- -0.34%
- 1M
- 3.75%
- YTD
- 17.34%
- 6M
- 17.24%
- 1Y
- 32.28%
- 3Y*
- 15.70%
- 5Y*
- —
- 10Y*
- —
IUS4.DE
- 1D
- 0.43%
- 1M
- 4.46%
- YTD
- 14.74%
- 6M
- 15.83%
- 1Y
- 27.46%
- 3Y*
- 14.63%
- 5Y*
- 8.34%
- 10Y*
- 7.46%
XM1D.DE vs. IUS4.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
XM1D.DE Xtrackers MSCI Japan UCITS ETF | 17.34% | 12.60% | 13.72% | 13.20% |
IUS4.DE iShares MSCI Japan Small Cap UCITS ETF (Dist) | 14.74% | 15.96% | 9.46% | 7.49% |
Correlation
The correlation between XM1D.DE and IUS4.DE is 0.79, 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 | 0.79 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.84 |
Correlation (All Time) Calculated using the full available price history since Mar 17, 2023 | 0.84 |
The correlation between XM1D.DE and IUS4.DE has been stable across timeframes, ranging from 0.79 to 0.84 - a consistent structural relationship.
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Return for Risk
XM1D.DE vs. IUS4.DE — Risk / Return Rank
XM1D.DE
IUS4.DE
XM1D.DE vs. IUS4.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Japan UCITS ETF (XM1D.DE) and iShares MSCI Japan Small Cap UCITS ETF (Dist) (IUS4.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.
| XM1D.DE | IUS4.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.05 | ||
| Sortino ratioReturn per unit of downside risk | -0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.31 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 3.05 | 2.67 | +0.38 |
| Martin ratioReturn relative to average drawdown | 9.87 | 9.26 | +0.60 |
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
| XM1D.DE | IUS4.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.64 | 1.69 | -0.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.55 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.47 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.01 | 0.56 | +0.45 |
Drawdowns
XM1D.DE vs. IUS4.DE - Drawdown Comparison
The maximum XM1D.DE drawdown since its inception was -16.92%, smaller than the maximum IUS4.DE drawdown of -32.63%. Use the drawdown chart below to compare losses from any high point for XM1D.DE and IUS4.DE.
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Drawdown Indicators
| XM1D.DE | IUS4.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.92% | -32.63% | +15.71% |
Max Drawdown (1Y)Largest decline over 1 year | -10.15% | -10.12% | -0.03% |
Max Drawdown (3Y)Largest decline over 3 years | -16.92% | -12.92% | -4.00% |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.47% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -32.63% | — |
Current DrawdownCurrent decline from peak | -0.34% | -0.73% | +0.39% |
Average DrawdownAverage peak-to-trough decline | -3.04% | -6.41% | +3.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.14% | 2.92% | +0.22% |
Volatility
XM1D.DE vs. IUS4.DE - Volatility Comparison
Xtrackers MSCI Japan UCITS ETF (XM1D.DE) has a higher volatility of 3.78% compared to iShares MSCI Japan Small Cap UCITS ETF (Dist) (IUS4.DE) at 3.47%. This indicates that XM1D.DE's price experiences larger fluctuations and is considered to be riskier than IUS4.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XM1D.DE | IUS4.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.78% | 3.47% | +0.31% |
Volatility (6M)Calculated over the trailing 6-month period | 15.14% | 13.58% | +1.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.86% | 15.94% | +2.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.68% | 14.91% | +2.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.68% | 15.94% | +1.74% |
XM1D.DE vs. IUS4.DE - Expense Ratio Comparison
XM1D.DE has a 0.12% expense ratio, which is lower than IUS4.DE's 0.58% expense ratio.
Dividends
XM1D.DE vs. IUS4.DE - Dividend Comparison
XM1D.DE's dividend yield for the trailing twelve months is around 1.47%, more than IUS4.DE's 0.87% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IUS4.DE iShares MSCI Japan Small Cap UCITS ETF (Dist) | 0.87% | 1.88% | 1.70% | 1.77% | 2.10% | 1.47% | 1.60% | 1.45% | 1.41% | 1.31% | 1.15% | 0.70% |
XM1D.DE Xtrackers MSCI Japan UCITS ETF | 1.47% | 1.71% | 2.68% | 1.64% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XM1D.DE and IUS4.DE have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XM1D.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XM1D.DE is cheaper with a 0.12% expense ratio, compared with 0.58% for IUS4.DE.
XM1D.DE tracks MSCI Japan, while IUS4.DE tracks MSCI Japan Small Cap. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.12% for XM1D.DE and 0.58% for IUS4.DE.
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