XZMJ.DE vs. 3JPN.DE

Last updated Jun 5, 2026

XZMJ.DE (Xtrackers MSCI Japan ESG UCITS ETF 1C) and 3JPN.DE (Leverage Shares 3x Long Japan ETP Securities) are both exchange-traded funds - XZMJ.DE is a Japan Equities fund tracking the MSCI Japan Low Carbon SRI Leaders, while 3JPN.DE is a Leveraged Equities fund actively managed by Leverage Shares. XZMJ.DE is passively managed, while 3JPN.DE is actively managed. Over the past 3 years, XZMJ.DE returned 14.44%/yr vs 20.30%/yr for 3JPN.DE. Their correlation of 0.87 suggests significant overlap in exposure. XZMJ.DE charges 0.20%/yr vs 0.75%/yr for 3JPN.DE.

Performance

XZMJ.DE vs. 3JPN.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers MSCI Japan ESG UCITS ETF 1C (XZMJ.DE) and Leverage Shares 3x Long Japan ETP Securities (3JPN.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XZMJ.DE achieves a 15.31% return, which is significantly lower than 3JPN.DE's 37.51% return.

XZMJ.DE

• 1D: -1.30%
• 1M: 7.27%
• YTD: 15.31%
• 6M: 14.58%
• 1Y: 28.56%
• 3Y*: 14.44%
• 5Y*: 8.68%
• 10Y*: —

3JPN.DE

• 1D: -0.77%
• 1M: 15.49%
• YTD: 37.51%
• 6M: 33.89%
• 1Y: 68.56%
• 3Y*: 20.30%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

XZMJ.DE vs. 3JPN.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
XZMJ.DE Xtrackers MSCI Japan ESG UCITS ETF 1C	15.31%	10.86%	16.16%	14.60%	-2.73%
3JPN.DE Leverage Shares 3x Long Japan ETP Securities	37.51%	27.74%	0.10%	34.83%	0.88%

Correlation

The correlation between XZMJ.DE and 3JPN.DE is 0.90, 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	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.89
Correlation (All Time) Calculated using the full available price history since Sep 14, 2022	0.87

The correlation between XZMJ.DE and 3JPN.DE has been stable across timeframes, ranging from 0.87 to 0.90 - a consistent structural relationship.

Return for Risk

XZMJ.DE vs. 3JPN.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XZMJ.DE

XZMJ.DE Risk / Return Rank: 43
XZMJ.DE Sharpe Ratio Rank: 40
XZMJ.DE Sortino Ratio Rank: 42
XZMJ.DE Omega Ratio Rank: 41
XZMJ.DE Calmar Ratio Rank: 47
XZMJ.DE Martin Ratio Rank: 47

3JPN.DE

3JPN.DE Risk / Return Rank: 36
3JPN.DE Sharpe Ratio Rank: 32
3JPN.DE Sortino Ratio Rank: 37
3JPN.DE Omega Ratio Rank: 36
3JPN.DE Calmar Ratio Rank: 40
3JPN.DE Martin Ratio Rank: 37

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XZMJ.DE vs. 3JPN.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Japan ESG UCITS ETF 1C (XZMJ.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.

	XZMJ.DE	3JPN.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.38	1.13	+0.25
Sortino ratio: Return per unit of downside risk	2.08	1.88	+0.20
Omega ratio: Gain probability vs. loss probability	1.26	1.23	+0.03
Calmar ratio: Return relative to maximum drawdown	2.25	1.96	+0.29
Martin ratio: Return relative to average drawdown	7.44	5.61	+1.83
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XZMJ.DE vs. 3JPN.DE - Sharpe Ratio Comparison

The current XZMJ.DE Sharpe Ratio is 1.38, which is comparable to the 3JPN.DE Sharpe Ratio of 1.13. The chart below compares the historical Sharpe Ratios of XZMJ.DE and 3JPN.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XZMJ.DE	3JPN.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.38	1.13	+0.25
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.50	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	0.50	-0.05

Drawdowns

XZMJ.DE vs. 3JPN.DE - Drawdown Comparison

The maximum XZMJ.DE drawdown since its inception was -26.90%, smaller than the maximum 3JPN.DE drawdown of -51.65%. Use the drawdown chart below to compare losses from any high point for XZMJ.DE and 3JPN.DE.

Drawdown Indicators

	XZMJ.DE	3JPN.DE	Difference
Max Drawdown Largest peak-to-trough decline	-26.90%	-51.65%	+24.75%
Max Drawdown (1Y) Largest decline over 1 year	-12.62%	-34.71%	+22.09%
Max Drawdown (3Y) Largest decline over 3 years	-18.78%	-51.65%	+32.87%
Max Drawdown (5Y) Largest decline over 5 years	-21.52%	—	—
Current Drawdown Current decline from peak	-1.30%	-7.07%	+5.77%
Average Drawdown Average peak-to-trough decline	-7.01%	-14.56%	+7.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.83%	12.19%	-8.36%

Volatility

XZMJ.DE vs. 3JPN.DE - Volatility Comparison

The current volatility for Xtrackers MSCI Japan ESG UCITS ETF 1C (XZMJ.DE) is 3.85%, while Leverage Shares 3x Long Japan ETP Securities (3JPN.DE) has a volatility of 11.68%. This indicates that XZMJ.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.

Volatility by Period

	XZMJ.DE	3JPN.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.85%	11.68%	-7.83%
Volatility (6M) Calculated over the trailing 6-month period	16.39%	48.68%	-32.29%
Volatility (1Y) Calculated over the trailing 1-year period	20.61%	60.28%	-39.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.23%	52.77%	-35.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.49%	52.77%	-35.28%

XZMJ.DE vs. 3JPN.DE - Expense Ratio Comparison

XZMJ.DE has a 0.20% expense ratio, which is lower than 3JPN.DE's 0.75% expense ratio.

Dividends

XZMJ.DE vs. 3JPN.DE - Dividend Comparison

Neither XZMJ.DE nor 3JPN.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both XZMJ.DE and 3JPN.DE in my portfolio?

With a correlation of 0.90, XZMJ.DE and 3JPN.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.

Which ETF is better, XZMJ.DE or 3JPN.DE?

On fees, XZMJ.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XZMJ.DE or 3JPN.DE?

XZMJ.DE is cheaper with a 0.20% expense ratio, compared with 0.75% for 3JPN.DE.

What is the main difference between XZMJ.DE and 3JPN.DE?

XZMJ.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: 0.20% for XZMJ.DE and 0.75% for 3JPN.DE.