XMJP.L vs. JPJP.L
Compare and contrast key facts about Xtrackers MSCI Japan UCITS ETF 1C (XMJP.L) and SPDR MSCI Japan UCITS ETF (JPJP.L).
XMJP.L and JPJP.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XMJP.L is a passively managed fund by Xtrackers that tracks the performance of the TOPIX TR JPY. It was launched on Jan 9, 2007. JPJP.L is a passively managed fund by State Street Global Advisors Europe Limited that tracks the performance of the TOPIX TR JPY. It was launched on Nov 30, 2015. Both XMJP.L and JPJP.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XMJP.L or JPJP.L.
Key characteristics
| XMJP.L | JPJP.L | |
|---|---|---|
| YTD Return | 7.64% | 7.65% |
| 1Y Return | 11.80% | 11.83% |
| 3Y Return (Ann) | 3.09% | 3.10% |
| 5Y Return (Ann) | 5.14% | 5.22% |
| Sharpe Ratio | 0.75 | 0.74 |
| Sortino Ratio | 1.07 | 1.07 |
| Omega Ratio | 1.15 | 1.15 |
| Calmar Ratio | 0.92 | 0.92 |
| Martin Ratio | 2.66 | 2.64 |
| Ulcer Index | 4.43% | 4.47% |
| Daily Std Dev | 15.72% | 15.96% |
| Max Drawdown | -28.91% | -24.23% |
| Current Drawdown | -4.88% | -4.86% |
Correlation
The correlation between XMJP.L and JPJP.L is 0.99, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
XMJP.L vs. JPJP.L - Performance Comparison
The year-to-date returns for both investments are quite close, with XMJP.L having a 7.64% return and JPJP.L slightly higher at 7.65%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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XMJP.L vs. JPJP.L - Expense Ratio Comparison
XMJP.L has a 0.20% expense ratio, which is higher than JPJP.L's 0.12% 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%.
Risk-Adjusted Performance
XMJP.L vs. JPJP.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Japan UCITS ETF 1C (XMJP.L) and SPDR MSCI Japan UCITS ETF (JPJP.L). 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.
Dividends
XMJP.L vs. JPJP.L - Dividend Comparison
Neither XMJP.L nor JPJP.L has paid dividends to shareholders.
Drawdowns
XMJP.L vs. JPJP.L - Drawdown Comparison
The maximum XMJP.L drawdown since its inception was -28.91%, which is greater than JPJP.L's maximum drawdown of -24.23%. Use the drawdown chart below to compare losses from any high point for XMJP.L and JPJP.L. For additional features, visit the drawdowns tool.
Volatility
XMJP.L vs. JPJP.L - Volatility Comparison
Xtrackers MSCI Japan UCITS ETF 1C (XMJP.L) and SPDR MSCI Japan UCITS ETF (JPJP.L) have volatilities of 4.61% and 4.66%, 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.