See what your fund actually adds
MicroSectors -3x Short Japan ETNs JPND
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | JPND | Replication |
|---|---|---|
| Annualized growth | -62.1% | -49.0% |
| Annualized volatility | 32.4% | 7.9% |
| Sharpe ratio | -2.82 | -8.45 |
| Maximum drawdown | 7.7% | 8.3% |
| Replication fit (R²) | 0.10 · Tracking error 30.7% | |
Replication portfolio
The published portfolio below is the investable basket used to model JPND’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| IAU | Alternatives · Gold | 100.0% |