XMK9.DE vs. SMLN.DE
Compare and contrast key facts about Xtrackers MSCI Japan UCITS ETF 4C EUR Hedged (XMK9.DE) and Invesco JPX-Nikkei 400 UCITS ETF (SMLN.DE).
XMK9.DE and SMLN.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XMK9.DE is a passively managed fund by Xtrackers that tracks the performance of the MSCI Japan. It was launched on Sep 1, 2007. SMLN.DE is a passively managed fund by Invesco that tracks the performance of the JPX-Nikkei 400. It was launched on Sep 10, 2014. Both XMK9.DE and SMLN.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
XMK9.DE vs. SMLN.DE - Performance Comparison
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XMK9.DE vs. SMLN.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XMK9.DE Xtrackers MSCI Japan UCITS ETF 4C EUR Hedged | 9.08% | 27.06% | 22.49% | 33.31% | -6.05% | 11.97% | 7.34% | 17.42% | -16.83% | 18.79% |
SMLN.DE Invesco JPX-Nikkei 400 UCITS ETF | 9.46% | 12.69% | 12.93% | 16.15% | -11.17% | 8.51% | 4.78% | 22.29% | -10.60% | 9.59% |
Returns By Period
The year-to-date returns for both investments are quite close, with XMK9.DE having a 9.08% return and SMLN.DE slightly higher at 9.46%. Over the past 10 years, XMK9.DE has outperformed SMLN.DE with an annualized return of 13.08%, while SMLN.DE has yielded a comparatively lower 8.97% annualized return.
XMK9.DE
- 1D
- 5.38%
- 1M
- -2.43%
- YTD
- 9.08%
- 6M
- 22.05%
- 1Y
- 43.26%
- 3Y*
- 27.60%
- 5Y*
- 16.87%
- 10Y*
- 13.08%
SMLN.DE
- 1D
- 4.57%
- 1M
- -2.37%
- YTD
- 9.46%
- 6M
- 14.53%
- 1Y
- 24.66%
- 3Y*
- 15.24%
- 5Y*
- 7.99%
- 10Y*
- 8.97%
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XMK9.DE vs. SMLN.DE - Expense Ratio Comparison
XMK9.DE has a 0.40% expense ratio, which is higher than SMLN.DE's 0.19% expense ratio.
Return for Risk
XMK9.DE vs. SMLN.DE — Risk / Return Rank
XMK9.DE
SMLN.DE
XMK9.DE vs. SMLN.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Japan UCITS ETF 4C EUR Hedged (XMK9.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.
| XMK9.DE | SMLN.DE | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.93 | 1.25 | +0.68 |
Sortino ratioReturn per unit of downside risk | 2.57 | 1.81 | +0.76 |
Omega ratioGain probability vs. loss probability | 1.38 | 1.25 | +0.13 |
Calmar ratioReturn relative to maximum drawdown | 4.37 | 2.75 | +1.62 |
Martin ratioReturn relative to average drawdown | 15.29 | 9.23 | +6.06 |
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
| XMK9.DE | SMLN.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.93 | 1.25 | +0.68 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.90 | 0.49 | +0.40 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.68 | 0.55 | +0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.67 | 0.49 | +0.18 |
Correlation
The correlation between XMK9.DE and SMLN.DE is 0.83, 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.
Dividends
XMK9.DE vs. SMLN.DE - Dividend Comparison
Neither XMK9.DE nor SMLN.DE has paid dividends to shareholders.
Drawdowns
XMK9.DE vs. SMLN.DE - Drawdown Comparison
The maximum XMK9.DE drawdown since its inception was -34.29%, which is greater than SMLN.DE's maximum drawdown of -28.42%. Use the drawdown chart below to compare losses from any high point for XMK9.DE and SMLN.DE.
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Drawdown Indicators
| XMK9.DE | SMLN.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.29% | -28.42% | -5.87% |
Max Drawdown (1Y)Largest decline over 1 year | -13.19% | -9.91% | -3.28% |
Max Drawdown (5Y)Largest decline over 5 years | -21.74% | -19.85% | -1.89% |
Max Drawdown (10Y)Largest decline over 10 years | -34.29% | -28.42% | -5.87% |
Current DrawdownCurrent decline from peak | -4.55% | -4.28% | -0.27% |
Average DrawdownAverage peak-to-trough decline | -7.78% | -6.08% | -1.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.78% | 2.81% | -0.03% |
Volatility
XMK9.DE vs. SMLN.DE - Volatility Comparison
Xtrackers MSCI Japan UCITS ETF 4C EUR Hedged (XMK9.DE) and Invesco JPX-Nikkei 400 UCITS ETF (SMLN.DE) have volatilities of 8.75% and 8.70%, 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
| XMK9.DE | SMLN.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.75% | 8.70% | +0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 15.45% | 14.19% | +1.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.28% | 19.65% | +2.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.60% | 15.97% | +2.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.02% | 16.26% | +2.76% |