ESAE.DE vs. JPGL.DE

Last updated Jul 31, 2026

ESAE.DE (BNP Paribas Easy MSCI World Equal Weight Select UCITS ETF EUR Acc) and JPGL.DE (JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating) are both Global Equities funds - ESAE.DE tracks the MSCI World Equal Weighted Ex Business Involvement Screens Select Index while JPGL.DE tracks the JP Morgan Diversified Factor Global Developed (Region Aware) Equity. Both are passively managed. Over the past year, ESAE.DE returned 18.45% vs 21.11% for JPGL.DE. Their correlation of 0.81 means they have usually moved in the same direction. Both charge a 0.20% expense ratio.

Performance

ESAE.DE vs. JPGL.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in BNP Paribas Easy MSCI World Equal Weight Select UCITS ETF EUR Acc (ESAE.DE) and JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating (JPGL.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ESAE.DE achieves a 13.37% return, which is significantly lower than JPGL.DE's 15.47% return.

ESAE.DE

• 1D: 0.00%
• 1M: 2.61%
• 6M: 11.80%
• YTD: 13.37%
• 1Y: 18.45%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 18.29%

JPGL.DE

• 1D: -1.41%
• 1M: 0.93%
• 6M: 12.91%
• YTD: 15.47%
• 1Y: 21.11%
• 3Y*: 13.74%
• 5Y*: 10.34%
• 10Y*: —
• ALL TIME*: 10.61%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ESAE.DE BNP Paribas Easy MSCI World Equal Weight Select UCITS ETF EUR Acc	€33.11K	€25.31K	€29.51K
JPGL.DE JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating	€156.02K	€186.33K	€195.07K

ESAE.DE vs. JPGL.DE - Yearly Performance Comparison

	2026 (YTD)	2025
ESAE.DE BNP Paribas Easy MSCI World Equal Weight Select UCITS ETF EUR Acc	13.37%	7.30%
JPGL.DE JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating	15.47%	7.91%

Correlation

The correlation between ESAE.DE and JPGL.DE is 0.80, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.80
Correlation (All Time) Calculated using the full available price history since May 30, 2025	0.81

The correlation between ESAE.DE and JPGL.DE has been stable across timeframes, ranging from 0.80 to 0.81 - a consistent structural relationship.

Return for Risk

ESAE.DE vs. JPGL.DE — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ESAE.DE

ESAE.DE Risk / Return Rank: 78
ESAE.DE Sharpe Ratio Rank: 74
ESAE.DE Sortino Ratio Rank: 76
ESAE.DE Omega Ratio Rank: 80
ESAE.DE Calmar Ratio Rank: 79
ESAE.DE Martin Ratio Rank: 82

JPGL.DE

JPGL.DE Risk / Return Rank: 93
JPGL.DE Sharpe Ratio Rank: 94
JPGL.DE Sortino Ratio Rank: 93
JPGL.DE Omega Ratio Rank: 92
JPGL.DE Calmar Ratio Rank: 93
JPGL.DE Martin Ratio Rank: 94

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ESAE.DE vs. JPGL.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy MSCI World Equal Weight Select UCITS ETF EUR Acc (ESAE.DE) and JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating (JPGL.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.

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.

	ESAE.DE	JPGL.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.63	2.49	-0.87
Sortino ratio: Return per unit of downside risk	2.35	3.51	-1.15
Omega ratio: Gain probability vs. loss probability	1.32	1.44	-0.12
Calmar ratio: Return relative to maximum drawdown	2.74	4.42	-1.68
Martin ratio: Return relative to average drawdown	10.61	17.63	-7.03

ESAE.DE vs. JPGL.DE - Sharpe Ratio Comparison

The current ESAE.DE Sharpe Ratio is 1.63, which is lower than the JPGL.DE Sharpe Ratio of 2.49. The chart below compares the historical Sharpe Ratios of ESAE.DE and JPGL.DE, 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

ESAE.DE vs. JPGL.DE - Drawdown Comparison

The maximum ESAE.DE drawdown since its inception was -6.70%, smaller than the maximum JPGL.DE drawdown of -35.54%. Use the drawdown chart below to compare losses from any high point for ESAE.DE and JPGL.DE.

Drawdown Indicators

	ESAE.DE	JPGL.DE	Difference
Max Drawdown Largest peak-to-trough decline	-6.70%	-35.54%	+28.84%
Max Drawdown (1Y) Largest decline over 1 year	-6.70%	-4.76%	-1.94%
Max Drawdown (3Y) Largest decline over 3 years	—	-17.34%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-17.34%	—
Current Drawdown Current decline from peak	-0.11%	-1.73%	+1.62%
Average Drawdown Average peak-to-trough decline	-1.09%	-4.70%	+3.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.73%	1.18%	+0.55%

Volatility

ESAE.DE vs. JPGL.DE - Volatility Comparison

BNP Paribas Easy MSCI World Equal Weight Select UCITS ETF EUR Acc (ESAE.DE) has a higher volatility of 2.66% compared to JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating (JPGL.DE) at 2.44%. This indicates that ESAE.DE's price experiences larger fluctuations and is considered to be riskier than JPGL.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ESAE.DE	JPGL.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.66%	2.44%	+0.22%
Volatility (6M) Calculated over the trailing 6-month period	7.77%	6.17%	+1.60%
Volatility (1Y) Calculated over the trailing 1-year period	11.29%	8.44%	+2.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.01%	11.81%	-0.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.01%	14.86%	-3.85%

ESAE.DE vs. JPGL.DE - Expense Ratio Comparison

Both ESAE.DE and JPGL.DE have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

ESAE.DE vs. JPGL.DE - Dividend Comparison

Neither ESAE.DE nor JPGL.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ESAE.DE and JPGL.DE in my portfolio?

ESAE.DE and JPGL.DE have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ESAE.DE or JPGL.DE?

Both ETFs have the same 0.20% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ESAE.DE or JPGL.DE?

ESAE.DE and JPGL.DE have the same expense ratio: 0.20% per year.

What is the main difference between ESAE.DE and JPGL.DE?

ESAE.DE tracks MSCI World Equal Weighted Ex Business Involvement Screens Select Index, while JPGL.DE tracks JP Morgan Diversified Factor Global Developed (Region Aware) Equity. They also come from different issuers: BNP Paribas Easy and JPMorgan.