EQDS.L vs. JRDE.L

Last updated Jul 22, 2026

EQDS.L (iShares MSCI Europe Quality Dividend ESG UCITS ETF EUR (Dist)) and JRDE.L (JPMorgan Europe Research Enhanced Index Equity (ESG) UCITS ETF EUR (dist)) are both Europe Equities funds - EQDS.L tracks the MSCI Europe High Div Yld NR EUR while JRDE.L tracks the MSCI Europe NR EUR. Both are passively managed. Over the past 3 years, EQDS.L returned 12.13%/yr vs 26.33%/yr for JRDE.L. Their correlation of 0.89 suggests significant overlap in exposure. EQDS.L charges 0.28%/yr vs 0.25%/yr for JRDE.L.

Performance

EQDS.L vs. JRDE.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares MSCI Europe Quality Dividend ESG UCITS ETF EUR (Dist) (EQDS.L) and JPMorgan Europe Research Enhanced Index Equity (ESG) UCITS ETF EUR (dist) (JRDE.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with EQDS.L having a 8.49% return and JRDE.L slightly lower at 8.32%.

EQDS.L

• 1D: 0.40%
• 1M: 1.13%
• 6M: 8.64%
• YTD: 8.49%
• 1Y: 14.24%
• 3Y*: 12.13%
• 5Y*: 11.20%
• 10Y*: —
• ALL TIME*: 5.48%

JRDE.L

• 1D: -0.13%
• 1M: -0.99%
• 6M: 6.50%
• YTD: 8.32%
• 1Y: 63.58%
• 3Y*: 26.33%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 14.00%

*Multi-year figures are annualized to reflect compound growth (CAGR)

EQDS.L vs. JRDE.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
EQDS.L iShares MSCI Europe Quality Dividend ESG UCITS ETF EUR (Dist)	8.49%	16.53%	6.00%	12.95%	7.23%	4.28%
JRDE.L JPMorgan Europe Research Enhanced Index Equity (ESG) UCITS ETF EUR (dist)	8.32%	72.46%	2.21%	14.40%	-3.79%	-10.33%

Correlation

The correlation between EQDS.L and JRDE.L is 0.84, 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	0.84
Correlation (3Y) Calculated over the trailing 3-year period	0.89
Correlation (All Time) Calculated using the full available price history since Sep 15, 2021	0.89

The correlation between EQDS.L and JRDE.L has been stable across timeframes, ranging from 0.84 to 0.89 - a consistent structural relationship.

EQDS.L vs. JRDE.L - Sectors Allocation Comparison

Sectors	EQDS.L	JRDE.L
Financial Services	28.8%	23.7%
Consumer Defensive	14.8%	7.1%
Industrials	13.8%	20.2%
Utilities	8.9%	5.5%
Healthcare	8.4%	13.1%
Technology	6.9%	9.8%
Basic Materials	6.8%	5.3%
Communication Services	4.2%	3.8%
Real Estate	3.9%	0.1%
Energy	2.0%	4.7%
Consumer Cyclical	1.6%	6.8%

Return for Risk

EQDS.L vs. JRDE.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EQDS.L

EQDS.L Risk / Return Rank: 45
EQDS.L Sharpe Ratio Rank: 51
EQDS.L Sortino Ratio Rank: 48
EQDS.L Omega Ratio Rank: 50
EQDS.L Calmar Ratio Rank: 38
EQDS.L Martin Ratio Rank: 40

JRDE.L

JRDE.L Risk / Return Rank: 90
JRDE.L Sharpe Ratio Rank: 67
JRDE.L Sortino Ratio Rank: 98
JRDE.L Omega Ratio Rank: 97
JRDE.L Calmar Ratio Rank: 95
JRDE.L Martin Ratio Rank: 94

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.

EQDS.L vs. JRDE.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Europe Quality Dividend ESG UCITS ETF EUR (Dist) (EQDS.L) and JPMorgan Europe Research Enhanced Index Equity (ESG) UCITS ETF EUR (dist) (JRDE.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.

	EQDS.L	JRDE.L	Difference
Sharpe ratio: Return per unit of total volatility	1.33	1.63	-0.30
Sortino ratio: Return per unit of downside risk	1.85	6.46	-4.61
Omega ratio: Gain probability vs. loss probability	1.24	1.86	-0.62
Calmar ratio: Return relative to maximum drawdown	1.48	5.78	-4.31
Martin ratio: Return relative to average drawdown	4.67	19.92	-15.25

EQDS.L vs. JRDE.L - Sharpe Ratio Comparison

The current EQDS.L Sharpe Ratio is 1.33, which is comparable to the JRDE.L Sharpe Ratio of 1.63. The chart below compares the historical Sharpe Ratios of EQDS.L and JRDE.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EQDS.L vs. JRDE.L - Drawdown Comparison

The maximum EQDS.L drawdown since its inception was -35.29%, which is greater than JRDE.L's maximum drawdown of -24.20%. Use the drawdown chart below to compare losses from any high point for EQDS.L and JRDE.L.

Drawdown Indicators

	EQDS.L	JRDE.L	Difference
Max Drawdown Largest peak-to-trough decline	-35.29%	-24.20%	-11.09%
Max Drawdown (1Y) Largest decline over 1 year	-9.60%	-10.94%	+1.34%
Max Drawdown (3Y) Largest decline over 3 years	-10.33%	-12.84%	+2.51%
Max Drawdown (5Y) Largest decline over 5 years	-11.74%	—	—
Current Drawdown Current decline from peak	-1.31%	-2.68%	+1.37%
Average Drawdown Average peak-to-trough decline	-7.51%	-7.22%	-0.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.04%	3.18%	-0.14%

Volatility

EQDS.L vs. JRDE.L - Volatility Comparison

The current volatility for iShares MSCI Europe Quality Dividend ESG UCITS ETF EUR (Dist) (EQDS.L) is 2.71%, while JPMorgan Europe Research Enhanced Index Equity (ESG) UCITS ETF EUR (dist) (JRDE.L) has a volatility of 3.47%. This indicates that EQDS.L experiences smaller price fluctuations and is considered to be less risky than JRDE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EQDS.L	JRDE.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.71%	3.47%	-0.76%
Volatility (6M) Calculated over the trailing 6-month period	8.77%	10.77%	-2.00%
Volatility (1Y) Calculated over the trailing 1-year period	10.65%	38.83%	-28.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.29%	22.74%	-10.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.98%	22.74%	-7.76%

EQDS.L vs. JRDE.L - Expense Ratio Comparison

EQDS.L has a 0.28% expense ratio, which is higher than JRDE.L's 0.25% expense ratio.

Dividends

EQDS.L vs. JRDE.L - Dividend Comparison

EQDS.L's dividend yield for the trailing twelve months is around 3.08%, less than JRDE.L's 26.97% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
EQDS.L iShares MSCI Europe Quality Dividend ESG UCITS ETF EUR (Dist)	3.08%	2.96%	3.16%	3.58%	4.14%	4.63%	3.25%	4.54%
JRDE.L JPMorgan Europe Research Enhanced Index Equity (ESG) UCITS ETF EUR (dist)	26.97%	28.15%	2.68%	1.11%	2.99%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EQDS.L and JRDE.L in my portfolio?

EQDS.L and JRDE.L have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EQDS.L or JRDE.L?

On fees, JRDE.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EQDS.L or JRDE.L?

JRDE.L is cheaper with a 0.25% expense ratio, compared with 0.28% for EQDS.L.

What is the main difference between EQDS.L and JRDE.L?

EQDS.L tracks MSCI Europe High Div Yld NR EUR, while JRDE.L tracks MSCI Europe NR EUR. They also come from different issuers: iShares and JPMorgan. Their fees differ too: 0.28% for EQDS.L and 0.25% for JRDE.L.