0FLE.L vs. JEBP.L
0FLE.L (iShares $ Floating Rate Bond UCITS ETF EUR Hedged (Dist)) and JEBP.L (JPM EUR IG Corporate Bond Active UCITS ETF GBP Hedged (Acc)) are both exchange-traded funds - 0FLE.L is a Ultrashort Bond fund tracking the Bloomberg US Floating Rate Note<5 Years Index, while JEBP.L is a Corporate Bonds fund actively managed by JPMorgan. 0FLE.L is passively managed, while JEBP.L is actively managed. Over the past 3 years, 0FLE.L returned 3.68%/yr vs 6.51%/yr for JEBP.L. At a 0.05 correlation, their price movements are largely independent. 0FLE.L charges 0.12%/yr vs 0.04%/yr for JEBP.L.
Performance
0FLE.L vs. JEBP.L - Performance Comparison
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Different Trading Currencies
0FLE.L is traded in EUR, while JEBP.L is traded in GBP. To make them comparable, the JEBP.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, 0FLE.L achieves a 1.42% return, which is significantly lower than JEBP.L's 4.04% return.
0FLE.L
- 1D
- -0.70%
- 1M
- 0.24%
- 6M
- 1.19%
- YTD
- 1.42%
- 1Y
- 2.61%
- 3Y*
- 3.68%
- 5Y*
- 2.44%
- 10Y*
- —
JEBP.L
- 1D
- -0.21%
- 1M
- 1.39%
- 6M
- 2.90%
- YTD
- 4.04%
- 1Y
- 5.00%
- 3Y*
- 6.51%
- 5Y*
- —
- 10Y*
- —
0FLE.L vs. JEBP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
0FLE.L iShares $ Floating Rate Bond UCITS ETF EUR Hedged (Dist) | 1.42% | 2.69% | 4.89% | 4.20% | -0.49% | -0.40% |
JEBP.L JPM EUR IG Corporate Bond Active UCITS ETF GBP Hedged (Acc) | 4.04% | -0.27% | 11.00% | 11.50% | -16.71% | 1.27% |
Correlation
The correlation between 0FLE.L and JEBP.L is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Nov 9, 2021 | 0.05 |
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Return for Risk
0FLE.L vs. JEBP.L — Risk / Return Rank
0FLE.L
JEBP.L
0FLE.L vs. JEBP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares $ Floating Rate Bond UCITS ETF EUR Hedged (Dist) (0FLE.L) and JPM EUR IG Corporate Bond Active UCITS ETF GBP Hedged (Acc) (JEBP.L). 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.
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.
| 0FLE.L | JEBP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.03 | ||
| Sortino ratioReturn per unit of downside risk | -0.11 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.18 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 3.69 | 1.74 | +1.96 |
| Martin ratioReturn relative to average drawdown | 10.05 | 5.29 | +4.75 |
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Drawdowns
0FLE.L vs. JEBP.L - Drawdown Comparison
The maximum 0FLE.L drawdown since its inception was -3.91%, smaller than the maximum JEBP.L drawdown of -20.02%. Use the drawdown chart below to compare losses from any high point for 0FLE.L and JEBP.L.
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Drawdown Indicators
| 0FLE.L | JEBP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.91% | -20.02% | +16.11% |
Max Drawdown (1Y)Largest decline over 1 year | -0.71% | -2.87% | +2.16% |
Max Drawdown (3Y)Largest decline over 3 years | -2.86% | -5.76% | +2.90% |
Max Drawdown (5Y)Largest decline over 5 years | -2.86% | — | — |
Current DrawdownCurrent decline from peak | -0.70% | -0.63% | -0.07% |
Average DrawdownAverage peak-to-trough decline | -1.25% | -6.45% | +5.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.26% | 0.94% | -0.68% |
Volatility
0FLE.L vs. JEBP.L - Volatility Comparison
iShares $ Floating Rate Bond UCITS ETF EUR Hedged (Dist) (0FLE.L) has a higher volatility of 1.72% compared to JPM EUR IG Corporate Bond Active UCITS ETF GBP Hedged (Acc) (JEBP.L) at 1.41%. This indicates that 0FLE.L's price experiences larger fluctuations and is considered to be riskier than JEBP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 0FLE.L | JEBP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.72% | 1.41% | +0.31% |
Volatility (6M)Calculated over the trailing 6-month period | 2.23% | 3.93% | -1.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.84% | 5.24% | -2.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.75% | 7.81% | -4.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.08% | 7.81% | -4.73% |
0FLE.L vs. JEBP.L - Expense Ratio Comparison
0FLE.L has a 0.12% expense ratio, which is higher than JEBP.L's 0.04% 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
0FLE.L vs. JEBP.L - Dividend Comparison
0FLE.L's dividend yield for the trailing twelve months is around 4.72%, while JEBP.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
0FLE.L iShares $ Floating Rate Bond UCITS ETF EUR Hedged (Dist) | 4.72% | 5.04% | 6.01% | 5.52% | 1.49% | 0.58% | 1.60% | 2.96% | 2.07% | 0.36% |
JEBP.L JPM EUR IG Corporate Bond Active UCITS ETF GBP Hedged (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
0FLE.L and JEBP.L have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JEBP.L is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JEBP.L is cheaper with a 0.04% expense ratio, compared with 0.12% for 0FLE.L.
0FLE.L is categorized as Ultrashort Bond, while JEBP.L is Corporate Bonds. They also come from different issuers: iShares and JPMorgan. Their fees differ too: 0.12% for 0FLE.L and 0.04% for JEBP.L.
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