XZMJ.DE vs. XNKY.DE
XZMJ.DE (Xtrackers MSCI Japan ESG UCITS ETF 1C) and XNKY.DE (Xtrackers Nikkei 225 UCITS ETF) are both Japan Equities funds from Xtrackers - XZMJ.DE tracks the MSCI Japan Low Carbon SRI Leaders while XNKY.DE tracks the Nikkei 225®. Both are passively managed. Over the past 5 years, XZMJ.DE returned 8.68%/yr vs 12.43%/yr for XNKY.DE. Their correlation of 0.92 suggests significant overlap in exposure. XZMJ.DE charges 0.20%/yr vs 0.09%/yr for XNKY.DE.
Performance
XZMJ.DE vs. XNKY.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XZMJ.DE achieves a 15.31% return, which is significantly lower than XNKY.DE's 32.35% 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*
- —
XNKY.DE
- 1D
- -1.43%
- 1M
- 7.59%
- YTD
- 32.35%
- 6M
- 30.39%
- 1Y
- 60.72%
- 3Y*
- 20.83%
- 5Y*
- 12.43%
- 10Y*
- —
XZMJ.DE vs. XNKY.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
XZMJ.DE Xtrackers MSCI Japan ESG UCITS ETF 1C | 15.31% | 10.86% | 16.16% | 14.60% | -16.13% | 7.04% | 9.32% |
XNKY.DE Xtrackers Nikkei 225 UCITS ETF | 32.35% | 16.16% | 14.34% | 18.03% | -15.35% | 3.16% | 13.56% |
Correlation
The correlation between XZMJ.DE and XNKY.DE is 0.87, 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 | 0.87 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.91 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.92 |
Correlation (All Time) Calculated using the full available price history since Nov 3, 2020 | 0.92 |
The correlation between XZMJ.DE and XNKY.DE has been stable across timeframes, ranging from 0.87 to 0.92 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XZMJ.DE vs. XNKY.DE — Risk / Return Rank
XZMJ.DE
XNKY.DE
XZMJ.DE vs. XNKY.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 Nikkei 225 UCITS ETF (XNKY.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 | XNKY.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.15 | ||
| Sortino ratioReturn per unit of downside risk | -1.55 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.42 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 2.25 | 4.59 | -2.34 |
| Martin ratioReturn relative to average drawdown | 7.44 | 13.91 | -6.47 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| XZMJ.DE | XNKY.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.38 | 2.53 | -1.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 0.66 | -0.16 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.74 | -0.30 |
Drawdowns
XZMJ.DE vs. XNKY.DE - Drawdown Comparison
The maximum XZMJ.DE drawdown since its inception was -26.90%, which is greater than XNKY.DE's maximum drawdown of -21.47%. Use the drawdown chart below to compare losses from any high point for XZMJ.DE and XNKY.DE.
Loading charts...
Drawdown Indicators
| XZMJ.DE | XNKY.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.90% | -21.47% | -5.43% |
Max Drawdown (1Y)Largest decline over 1 year | -12.62% | -12.99% | +0.37% |
Max Drawdown (3Y)Largest decline over 3 years | -18.78% | -20.16% | +1.38% |
Max Drawdown (5Y)Largest decline over 5 years | -21.52% | -21.15% | -0.37% |
Current DrawdownCurrent decline from peak | -1.30% | -1.43% | +0.13% |
Average DrawdownAverage peak-to-trough decline | -7.01% | -7.84% | +0.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.83% | 4.29% | -0.46% |
Volatility
XZMJ.DE vs. XNKY.DE - Volatility Comparison
The current volatility for Xtrackers MSCI Japan ESG UCITS ETF 1C (XZMJ.DE) is 3.85%, while Xtrackers Nikkei 225 UCITS ETF (XNKY.DE) has a volatility of 6.59%. This indicates that XZMJ.DE experiences smaller price fluctuations and is considered to be less risky than XNKY.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XZMJ.DE | XNKY.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.85% | 6.59% | -2.74% |
Volatility (6M)Calculated over the trailing 6-month period | 16.39% | 18.61% | -2.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.61% | 23.59% | -2.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.23% | 18.57% | -1.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.49% | 18.42% | -0.93% |
XZMJ.DE vs. XNKY.DE - Expense Ratio Comparison
XZMJ.DE has a 0.20% expense ratio, which is higher than XNKY.DE's 0.09% 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%.
Dividends
XZMJ.DE vs. XNKY.DE - Dividend Comparison
Neither XZMJ.DE nor XNKY.DE has paid dividends to shareholders.
Frequently Asked Questions
XZMJ.DE and XNKY.DE have a correlation of 0.87, 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 0.20% for XZMJ.DE.
XZMJ.DE tracks MSCI Japan Low Carbon SRI Leaders, while XNKY.DE tracks Nikkei 225®. Their fees differ too: 0.20% for XZMJ.DE and 0.09% for XNKY.DE.
Find the right allocation for XZMJ.DE and XNKY.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer