FLOA.L vs. JR15.L
FLOA.L (iShares USD Floating Rate Bond UCITS ETF USD (Acc)) and JR15.L (JPMorgan ETFs Ireland ICAV - JPM EUR 1-5 yr IG Corporate Bond Active UCITS ETF - EUR (acc)) are both Corporate Bonds funds. FLOA.L is passively managed, while JR15.L is actively managed. Over the past 5 years, FLOA.L returned 4.34%/yr vs 0.56%/yr for JR15.L. At a 0.04 correlation, their price movements are largely independent. FLOA.L charges 0.10%/yr vs 0.19%/yr for JR15.L.
Performance
FLOA.L vs. JR15.L - Performance Comparison
Loading charts...
Different Trading Currencies
FLOA.L is traded in USD, while JR15.L is traded in EUR. To make them comparable, the JR15.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, FLOA.L achieves a 2.49% return, which is significantly higher than JR15.L's -1.77% return.
FLOA.L
- 1D
- 0.00%
- 1M
- 0.30%
- 6M
- 2.17%
- YTD
- 2.49%
- 1Y
- 4.77%
- 3Y*
- 5.58%
- 5Y*
- 4.34%
- 10Y*
- —
JR15.L
- 1D
- 0.00%
- 1M
- -1.19%
- 6M
- -1.17%
- YTD
- -1.77%
- 1Y
- 0.56%
- 3Y*
- 5.04%
- 5Y*
- 0.56%
- 10Y*
- —
FLOA.L vs. JR15.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FLOA.L iShares USD Floating Rate Bond UCITS ETF USD (Acc) | 2.49% | 4.89% | 6.42% | 6.65% | 1.35% | 0.42% | 0.86% | 4.17% | -0.16% |
JR15.L JPMorgan ETFs Ireland ICAV - JPM EUR 1-5 yr IG Corporate Bond Active UCITS ETF - EUR (acc) | -1.77% | 17.35% | -2.11% | 9.57% | -13.30% | -7.16% | 9.76% | 0.41% | 1.11% |
Correlation
The correlation between FLOA.L and JR15.L is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Dec 5, 2018 | 0.04 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FLOA.L vs. JR15.L — Risk / Return Rank
FLOA.L
JR15.L
FLOA.L vs. JR15.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares USD Floating Rate Bond UCITS ETF USD (Acc) (FLOA.L) and JPMorgan ETFs Ireland ICAV - JPM EUR 1-5 yr IG Corporate Bond Active UCITS ETF - EUR (acc) (JR15.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.
| FLOA.L | JR15.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.88 | ||
| Sortino ratioReturn per unit of downside risk | +4.64 | ||
| Omega ratioGain probability vs. loss probability | 1.92 | 1.01 | +0.91 |
| Calmar ratioReturn relative to maximum drawdown | 10.31 | 0.03 | +10.28 |
| Martin ratioReturn relative to average drawdown | 42.95 | 0.06 | +42.88 |
Loading charts...
Drawdowns
FLOA.L vs. JR15.L - Drawdown Comparison
The maximum FLOA.L drawdown since its inception was -14.96%, smaller than the maximum JR15.L drawdown of -29.33%. Use the drawdown chart below to compare losses from any high point for FLOA.L and JR15.L.
Loading charts...
Drawdown Indicators
| FLOA.L | JR15.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.96% | -29.33% | +14.37% |
Max Drawdown (1Y)Largest decline over 1 year | -0.46% | -6.22% | +5.76% |
Max Drawdown (3Y)Largest decline over 3 years | -1.77% | -7.90% | +6.13% |
Max Drawdown (5Y)Largest decline over 5 years | -2.53% | -27.03% | +24.50% |
Current DrawdownCurrent decline from peak | -0.15% | -4.59% | +4.44% |
Average DrawdownAverage peak-to-trough decline | -0.22% | -8.54% | +8.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.11% | 2.78% | -2.67% |
Volatility
FLOA.L vs. JR15.L - Volatility Comparison
The current volatility for iShares USD Floating Rate Bond UCITS ETF USD (Acc) (FLOA.L) is 0.44%, while JPMorgan ETFs Ireland ICAV - JPM EUR 1-5 yr IG Corporate Bond Active UCITS ETF - EUR (acc) (JR15.L) has a volatility of 1.33%. This indicates that FLOA.L experiences smaller price fluctuations and is considered to be less risky than JR15.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FLOA.L | JR15.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.44% | 1.33% | -0.89% |
Volatility (6M)Calculated over the trailing 6-month period | 1.33% | 5.32% | -3.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.64% | 6.91% | -5.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.11% | 8.30% | -6.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.27% | 8.01% | -3.74% |
FLOA.L vs. JR15.L - Expense Ratio Comparison
FLOA.L has a 0.10% expense ratio, which is lower than JR15.L's 0.19% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
FLOA.L vs. JR15.L - Dividend Comparison
Neither FLOA.L nor JR15.L has paid dividends to shareholders.
Frequently Asked Questions
FLOA.L and JR15.L have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FLOA.L is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FLOA.L is cheaper with a 0.10% expense ratio, compared with 0.19% for JR15.L.
They also come from different issuers: iShares and JPMorgan. Their fees differ too: 0.10% for FLOA.L and 0.19% for JR15.L.
Find the right allocation for FLOA.L and JR15.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer