XZMJ.DE vs. XMK9.DE
XZMJ.DE (Xtrackers MSCI Japan ESG UCITS ETF 1C) and XMK9.DE (Xtrackers MSCI Japan UCITS ETF 4C EUR Hedged) are both Japan Equities funds from Xtrackers - XZMJ.DE tracks the MSCI Japan Low Carbon SRI Leaders while XMK9.DE tracks the MSCI Japan. Both are passively managed. Over the past 5 years, XZMJ.DE returned 8.68%/yr vs 19.08%/yr for XMK9.DE. Their correlation of 0.82 suggests significant overlap in exposure. XZMJ.DE charges 0.20%/yr vs 0.40%/yr for XMK9.DE.
Performance
XZMJ.DE vs. XMK9.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XZMJ.DE achieves a 15.31% return, which is significantly lower than XMK9.DE's 19.57% return.
XZMJ.DE
- 1D
- -1.30%
- 1M
- 4.69%
- YTD
- 15.31%
- 6M
- 14.32%
- 1Y
- 29.60%
- 3Y*
- 14.44%
- 5Y*
- 8.68%
- 10Y*
- —
XMK9.DE
- 1D
- 0.46%
- 1M
- 6.02%
- YTD
- 19.57%
- 6M
- 21.48%
- 1Y
- 51.09%
- 3Y*
- 26.94%
- 5Y*
- 19.08%
- 10Y*
- 13.95%
XZMJ.DE vs. XMK9.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
XZMJ.DE Xtrackers MSCI Japan ESG UCITS ETF 1C | 15.31% | 10.86% | 16.16% | 14.60% | -16.13% | 7.04% | 9.18% | 26.74% | -13.08% |
XMK9.DE Xtrackers MSCI Japan UCITS ETF 4C EUR Hedged | 19.57% | 27.06% | 22.49% | 33.31% | -6.05% | 11.97% | 7.34% | 17.42% | -15.65% |
Correlation
The correlation between XZMJ.DE and XMK9.DE is 0.88, 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 | 0.88 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.83 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since May 14, 2018 | 0.82 |
The correlation between XZMJ.DE and XMK9.DE has been stable across timeframes, ranging from 0.80 to 0.88 - a consistent structural relationship.
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Return for Risk
XZMJ.DE vs. XMK9.DE — Risk / Return Rank
XZMJ.DE
XMK9.DE
XZMJ.DE vs. XMK9.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 Xtrackers MSCI Japan UCITS ETF 4C EUR Hedged (XMK9.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 | XMK9.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.26 | ||
| Sortino ratioReturn per unit of downside risk | -1.65 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.49 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 2.25 | 5.21 | -2.96 |
| Martin ratioReturn relative to average drawdown | 7.44 | 17.91 | -10.47 |
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
| XZMJ.DE | XMK9.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.38 | 2.64 | -1.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 1.01 | -0.51 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.74 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.70 | -0.25 |
Drawdowns
XZMJ.DE vs. XMK9.DE - Drawdown Comparison
The maximum XZMJ.DE drawdown since its inception was -26.90%, smaller than the maximum XMK9.DE drawdown of -34.29%. Use the drawdown chart below to compare losses from any high point for XZMJ.DE and XMK9.DE.
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Drawdown Indicators
| XZMJ.DE | XMK9.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.90% | -34.29% | +7.39% |
Max Drawdown (1Y)Largest decline over 1 year | -12.62% | -9.72% | -2.90% |
Max Drawdown (3Y)Largest decline over 3 years | -18.78% | -21.74% | +2.96% |
Max Drawdown (5Y)Largest decline over 5 years | -21.52% | -21.74% | +0.22% |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.29% | — |
Current DrawdownCurrent decline from peak | -1.30% | 0.00% | -1.30% |
Average DrawdownAverage peak-to-trough decline | -7.01% | -7.71% | +0.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.83% | 2.83% | +1.00% |
Volatility
XZMJ.DE vs. XMK9.DE - Volatility Comparison
Xtrackers MSCI Japan ESG UCITS ETF 1C (XZMJ.DE) and Xtrackers MSCI Japan UCITS ETF 4C EUR Hedged (XMK9.DE) have volatilities of 3.85% and 3.68%, 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
| XZMJ.DE | XMK9.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.85% | 3.68% | +0.17% |
Volatility (6M)Calculated over the trailing 6-month period | 16.39% | 14.80% | +1.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.61% | 19.21% | +1.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.23% | 18.65% | -1.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.49% | 18.80% | -1.31% |
XZMJ.DE vs. XMK9.DE - Expense Ratio Comparison
XZMJ.DE has a 0.20% expense ratio, which is lower than XMK9.DE's 0.40% expense ratio.
Dividends
XZMJ.DE vs. XMK9.DE - Dividend Comparison
Neither XZMJ.DE nor XMK9.DE has paid dividends to shareholders.
Frequently Asked Questions
XZMJ.DE and XMK9.DE have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
XZMJ.DE is cheaper with a 0.20% expense ratio, compared with 0.40% for XMK9.DE.
XZMJ.DE tracks MSCI Japan Low Carbon SRI Leaders, while XMK9.DE tracks MSCI Japan. Their fees differ too: 0.20% for XZMJ.DE and 0.40% for XMK9.DE.
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