XNKY.DE vs. 3JPN.DE
XNKY.DE (Xtrackers Nikkei 225 UCITS ETF) and 3JPN.DE (Leverage Shares 3x Long Japan ETP Securities) are both exchange-traded funds - XNKY.DE is a Japan Equities fund tracking the Nikkei 225®, while 3JPN.DE is a Leveraged Equities fund actively managed by Leverage Shares. XNKY.DE is passively managed, while 3JPN.DE is actively managed. Over the past 3 years, XNKY.DE returned 20.83%/yr vs 20.30%/yr for 3JPN.DE. Their correlation of 0.83 suggests significant overlap in exposure. XNKY.DE charges 0.09%/yr vs 0.75%/yr for 3JPN.DE.
Performance
XNKY.DE vs. 3JPN.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XNKY.DE achieves a 32.35% return, which is significantly lower than 3JPN.DE's 37.51% return.
XNKY.DE
- 1D
- -1.43%
- 1M
- 7.59%
- YTD
- 32.35%
- 6M
- 30.39%
- 1Y
- 60.72%
- 3Y*
- 20.83%
- 5Y*
- 12.43%
- 10Y*
- —
3JPN.DE
- 1D
- -0.77%
- 1M
- 7.20%
- YTD
- 37.51%
- 6M
- 34.92%
- 1Y
- 72.37%
- 3Y*
- 20.30%
- 5Y*
- —
- 10Y*
- —
XNKY.DE vs. 3JPN.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XNKY.DE Xtrackers Nikkei 225 UCITS ETF | 32.35% | 16.16% | 14.34% | 18.03% | -4.67% |
3JPN.DE Leverage Shares 3x Long Japan ETP Securities | 37.51% | 27.74% | 0.10% | 34.83% | 0.88% |
Correlation
The correlation between XNKY.DE and 3JPN.DE is 0.84, 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 | 0.84 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.84 |
Correlation (All Time) Calculated using the full available price history since Sep 14, 2022 | 0.83 |
The correlation between XNKY.DE and 3JPN.DE has been stable across timeframes, ranging from 0.83 to 0.84 - a consistent structural relationship.
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Return for Risk
XNKY.DE vs. 3JPN.DE — Risk / Return Rank
XNKY.DE
3JPN.DE
XNKY.DE vs. 3JPN.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Nikkei 225 UCITS ETF (XNKY.DE) and Leverage Shares 3x Long Japan ETP Securities (3JPN.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.
| XNKY.DE | 3JPN.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.40 | ||
| Sortino ratioReturn per unit of downside risk | +1.75 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.23 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 4.59 | 1.96 | +2.62 |
| Martin ratioReturn relative to average drawdown | 13.91 | 5.61 | +8.30 |
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
| XNKY.DE | 3JPN.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.53 | 1.13 | +1.40 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.66 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.74 | 0.50 | +0.24 |
Drawdowns
XNKY.DE vs. 3JPN.DE - Drawdown Comparison
The maximum XNKY.DE drawdown since its inception was -21.47%, smaller than the maximum 3JPN.DE drawdown of -51.65%. Use the drawdown chart below to compare losses from any high point for XNKY.DE and 3JPN.DE.
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Drawdown Indicators
| XNKY.DE | 3JPN.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.47% | -51.65% | +30.18% |
Max Drawdown (1Y)Largest decline over 1 year | -12.99% | -34.71% | +21.72% |
Max Drawdown (3Y)Largest decline over 3 years | -20.16% | -51.65% | +31.49% |
Max Drawdown (5Y)Largest decline over 5 years | -21.15% | — | — |
Current DrawdownCurrent decline from peak | -1.43% | -7.07% | +5.64% |
Average DrawdownAverage peak-to-trough decline | -7.84% | -14.56% | +6.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.29% | 12.19% | -7.90% |
Volatility
XNKY.DE vs. 3JPN.DE - Volatility Comparison
The current volatility for Xtrackers Nikkei 225 UCITS ETF (XNKY.DE) is 6.59%, while Leverage Shares 3x Long Japan ETP Securities (3JPN.DE) has a volatility of 11.68%. This indicates that XNKY.DE experiences smaller price fluctuations and is considered to be less risky than 3JPN.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XNKY.DE | 3JPN.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.59% | 11.68% | -5.09% |
Volatility (6M)Calculated over the trailing 6-month period | 18.61% | 48.68% | -30.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.59% | 60.28% | -36.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.57% | 52.77% | -34.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.42% | 52.77% | -34.35% |
XNKY.DE vs. 3JPN.DE - Expense Ratio Comparison
XNKY.DE has a 0.09% expense ratio, which is lower than 3JPN.DE's 0.75% expense ratio.
Dividends
XNKY.DE vs. 3JPN.DE - Dividend Comparison
Neither XNKY.DE nor 3JPN.DE has paid dividends to shareholders.
Frequently Asked Questions
XNKY.DE and 3JPN.DE have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XNKY.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XNKY.DE is cheaper with a 0.09% expense ratio, compared with 0.75% for 3JPN.DE.
XNKY.DE is categorized as Japan Equities, while 3JPN.DE is Leveraged Equities. They also come from different issuers: Xtrackers and Leverage Shares. Their fees differ too: 0.09% for XNKY.DE and 0.75% for 3JPN.DE.
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