FLOA.L vs. JURE.L
FLOA.L (iShares USD Floating Rate Bond UCITS ETF USD (Acc)) and JURE.L (JPMorgan US Research Enhanced Index Equity UCITS ETF - USD (acc)) are both exchange-traded funds - FLOA.L is a Corporate Bonds fund tracking the Bloomberg US Corp Bond TR USD, while JURE.L is a Large Cap Blend Equities fund tracking the Russell 1000 TR USD. Both are passively managed. Over the past 5 years, FLOA.L returned 4.28%/yr vs 13.68%/yr for JURE.L. At a 0.12 correlation, their price movements are largely independent. FLOA.L charges 0.10%/yr vs 0.20%/yr for JURE.L.
Performance
FLOA.L vs. JURE.L - Performance Comparison
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Different Trading Currencies
FLOA.L is traded in USD, while JURE.L is traded in GBp. To make them comparable, the JURE.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 2.04% return, which is significantly lower than JURE.L's 9.49% return.
FLOA.L
- 1D
- 0.06%
- 1M
- 0.46%
- YTD
- 2.04%
- 6M
- 2.24%
- 1Y
- 5.02%
- 3Y*
- 5.73%
- 5Y*
- 4.28%
- 10Y*
- —
JURE.L
- 1D
- 0.05%
- 1M
- 4.00%
- YTD
- 9.49%
- 6M
- 10.72%
- 1Y
- 26.86%
- 3Y*
- 21.53%
- 5Y*
- 13.68%
- 10Y*
- —
FLOA.L vs. JURE.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) | 2.04% | 4.98% | 6.42% | 6.62% | 1.35% | 0.42% | 0.86% | 4.17% | -0.62% |
JURE.L JPMorgan US Research Enhanced Index Equity UCITS ETF - USD (acc) | 9.49% | 16.56% | 25.05% | 27.74% | -19.12% | 31.31% | 19.12% | 31.51% | -9.96% |
Correlation
The correlation between FLOA.L and JURE.L is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Oct 17, 2018 | 0.12 |
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Return for Risk
FLOA.L vs. JURE.L — Risk / Return Rank
FLOA.L
JURE.L
FLOA.L vs. JURE.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 US Research Enhanced Index Equity UCITS ETF - USD (acc) (JURE.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.
| FLOA.L | JURE.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.58 | ||
| Sortino ratioReturn per unit of downside risk | +3.31 | ||
| Omega ratioGain probability vs. loss probability | 2.07 | 1.44 | +0.63 |
| Calmar ratioReturn relative to maximum drawdown | 10.50 | 3.06 | +7.44 |
| Martin ratioReturn relative to average drawdown | 55.93 | 13.62 | +42.31 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FLOA.L | JURE.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.02 | 2.45 | +1.58 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 2.16 | 0.87 | +1.29 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.79 | 0.90 | -0.11 |
Drawdowns
FLOA.L vs. JURE.L - Drawdown Comparison
The maximum FLOA.L drawdown since its inception was -14.96%, smaller than the maximum JURE.L drawdown of -34.02%. Use the drawdown chart below to compare losses from any high point for FLOA.L and JURE.L.
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Drawdown Indicators
| FLOA.L | JURE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.96% | -34.02% | +19.06% |
Max Drawdown (1Y)Largest decline over 1 year | -0.48% | -8.74% | +8.26% |
Max Drawdown (3Y)Largest decline over 3 years | -1.74% | -19.26% | +17.52% |
Max Drawdown (5Y)Largest decline over 5 years | -2.53% | -25.14% | +22.61% |
Current DrawdownCurrent decline from peak | -0.06% | -0.57% | +0.51% |
Average DrawdownAverage peak-to-trough decline | -0.22% | -5.01% | +4.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.09% | 1.97% | -1.88% |
Volatility
FLOA.L vs. JURE.L - Volatility Comparison
The current volatility for iShares USD Floating Rate Bond UCITS ETF USD (Acc) (FLOA.L) is 0.49%, while JPMorgan US Research Enhanced Index Equity UCITS ETF - USD (acc) (JURE.L) has a volatility of 2.44%. This indicates that FLOA.L experiences smaller price fluctuations and is considered to be less risky than JURE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FLOA.L | JURE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.49% | 2.44% | -1.95% |
Volatility (6M)Calculated over the trailing 6-month period | 1.13% | 7.83% | -6.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.24% | 10.94% | -9.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.98% | 15.73% | -13.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.27% | 17.58% | -13.31% |
FLOA.L vs. JURE.L - Expense Ratio Comparison
FLOA.L has a 0.10% expense ratio, which is lower than JURE.L's 0.20% 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. JURE.L - Dividend Comparison
Neither FLOA.L nor JURE.L has paid dividends to shareholders.
Frequently Asked Questions
FLOA.L and JURE.L have a correlation of 0.12, 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 0.20% for JURE.L.
FLOA.L is categorized as Corporate Bonds, while JURE.L is Large Cap Blend Equities. FLOA.L tracks Bloomberg US Corp Bond TR USD, while JURE.L tracks Russell 1000 TR USD. They also come from different issuers: iShares and JPMorgan. Their fees differ too: 0.10% for FLOA.L and 0.20% for JURE.L.
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