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Issuer
JPMorgan
Inception Date
Mar 29, 2022
Region
North America (United States)
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Domicile
Ireland
Distribution Policy
Accumulating
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

JUHE.DE Performance Chart

JPM US Research Enhanced Index Equity Active UCITS ETF EUR Hedged Acc (JUHE.DE) is up 7.9% since the beginning of the year. JUHE.DE is currently trading at €59 per share.


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S&P 500 Index

Returns By Period

JPM US Research Enhanced Index Equity Active UCITS ETF EUR Hedged Acc (JUHE.DE) has returned 7.89% so far this year and 17.77% over the past 12 months.


JPM US Research Enhanced Index Equity Active UCITS ETF EUR Hedged Acc

1D
0.12%
1M
0.05%
6M
8.27%
YTD
7.89%
1Y
17.77%
3Y*
17.13%
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
-0.09%
1M
1.27%
6M
10.98%
YTD
13.27%
1Y
22.64%
3Y*
18.04%
5Y*
12.49%
10Y*
12.92%
*Multi-year figures are annualized to reflect compound growth (CAGR)

JUHE.DE Monthly Returns History

Based on dividend-adjusted daily data since Mar 29, 2022, JUHE.DE's average daily return is +0.04%, while the average monthly return is +0.91%. At this rate, an investment would double in approximately 6.4 years.

Historically, 62% of months were positive and 38% were negative. The best month was Apr 2026 with a return of +11.1%, while the worst month was Jun 2022 at -9.0%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 4 months.

On a daily basis, JUHE.DE closed higher 53% of trading days. The best single day was Apr 10, 2025 with a return of +5.1%, while the worst single day was Apr 25, 2022 at -5.6%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.33%-0.84%-6.65%11.07%4.98%-1.70%1.35%7.89%
20252.69%-3.61%-6.00%-0.78%6.73%4.97%2.98%0.74%2.49%2.79%0.39%0.77%14.34%
20242.46%4.11%3.37%-2.91%2.32%5.81%0.04%1.13%2.52%-0.30%5.14%-2.36%23.03%
20235.84%-1.79%2.44%1.87%0.68%6.38%3.26%-1.12%-4.63%-3.43%8.96%5.15%25.17%
2022-2.34%-6.89%-2.03%-8.95%8.39%-2.87%-8.12%5.13%1.79%-3.65%-19.09%

Benchmark Metrics

JPM US Research Enhanced Index Equity Active UCITS ETF EUR Hedged Acc has an annualized alpha of 6.17%, beta of 0.37, and R2 of 0.15 versus S&P 500 Index. Calculated based on daily prices since March 29, 2022.

  • This ETF participated in 101.27% of S&P 500 Index downside but only 93.17% of its upside - more exposed to losses than it benefited from rallies.
  • Beta of 0.37 may look defensive, but with R2 of 0.15 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
  • R2 of 0.15 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
6.17%
Beta
0.37
0.15
Upside Capture
93.17%
Downside Capture
101.27%

Expense Ratio

JUHE.DE has an expense ratio of 0.20%, which is considered low.


Return for Risk

Risk / Return Rank

JUHE.DE ranks 59 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


JUHE.DE Risk / Return Rank: 5959
Overall Rank
JUHE.DE Sharpe Ratio Rank: 5858
Sharpe Ratio Rank
JUHE.DE Sortino Ratio Rank: 6363
Sortino Ratio Rank
JUHE.DE Omega Ratio Rank: 5656
Omega Ratio Rank
JUHE.DE Calmar Ratio Rank: 5353
Calmar Ratio Rank
JUHE.DE Martin Ratio Rank: 6363
Martin Ratio Rank
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.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for JPM US Research Enhanced Index Equity Active UCITS ETF EUR Hedged Acc (JUHE.DE) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


JUHE.DEBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-0.22

Sortino ratioReturn per unit of downside risk

0.00

Omega ratioGain probability vs. loss probability

1.28

1.33

-0.05

Calmar ratioReturn relative to maximum drawdown

2.20

3.01

-0.80

Martin ratioReturn relative to average drawdown

8.94

11.10

-2.16

Dividends

Dividend History


JPM US Research Enhanced Index Equity Active UCITS ETF EUR Hedged Acc doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the JPM US Research Enhanced Index Equity Active UCITS ETF EUR Hedged Acc. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the JPM US Research Enhanced Index Equity Active UCITS ETF EUR Hedged Acc was 23.01%, occurring on Oct 12, 2022. Recovery took 302 trading sessions.

The current JPM US Research Enhanced Index Equity Active UCITS ETF EUR Hedged Acc drawdown is 0.72%.


Drawdown

Fall

Recovery

Underwater

Related event

-23.01%Oct 2022
6mo 16d1y 2mo
1y 8moMar 2022 - Dec 2023
Bear market2022
-19.02%Apr 2025
3mo 28d2mo 22d
6mo 20dDec 2024 - Jun 2025
2025 selloff2025
-8.56%Mar 2026
1mo 17d17d
2mo 4dFeb 2026 - Apr 2026
-7.84%Aug 2024
20d1mo 15d
2mo 5dJul 2024 - Sep 2024
-5.22%Apr 2024
1mo 1d23d
1mo 24dMar 2024 - May 2024

Drawdown Indicators


JUHE.DEBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-23.01%

-51.17%

+28.16%

Max Drawdown (1Y)

Largest decline over 1 year

-8.56%

-7.57%

-0.99%

Max Drawdown (3Y)

Largest decline over 3 years

-19.02%

-23.99%

+4.97%

Max Drawdown (5Y)

Largest decline over 5 years

-23.99%

Max Drawdown (10Y)

Largest decline over 10 years

-33.42%

Current Drawdown

Current decline from peak

-0.72%

-0.52%

-0.20%

Average Drawdown

Average peak-to-trough decline

-5.99%

-8.90%

+2.91%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.11%

2.04%

+0.07%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

Build a portfolio with JUHE.DE

Add JPM US Research Enhanced Index Equity Active UCITS ETF EUR Hedged Acc to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Analyzer with JUHE.DE