FLPE.DE vs. JPGL.DE
FLPE.DE (FlexShares Listed Private Equity UCITS ETF USD Accumulating) and JPGL.DE (JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating) are both Global Equities funds - FLPE.DE tracks the Foxberry Listed Private Equity SDG Screened Index while JPGL.DE tracks the JP Morgan Diversified Factor Global Developed (Region Aware) Equity. Both are passively managed. Over the past 3 years, FLPE.DE returned 11.39%/yr vs 13.57%/yr for JPGL.DE. A 0.68 correlation means they provide meaningful diversification when combined. FLPE.DE charges 0.40%/yr vs 0.20%/yr for JPGL.DE.
Performance
FLPE.DE vs. JPGL.DE - Performance Comparison
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Returns By Period
In the year-to-date period, FLPE.DE achieves a -15.73% return, which is significantly lower than JPGL.DE's 11.57% return.
FLPE.DE
- 1D
- 3.44%
- 1M
- -1.04%
- YTD
- -15.73%
- 6M
- -13.02%
- 1Y
- -12.25%
- 3Y*
- 11.39%
- 5Y*
- —
- 10Y*
- —
JPGL.DE
- 1D
- -0.10%
- 1M
- 2.54%
- YTD
- 11.57%
- 6M
- 11.95%
- 1Y
- 19.90%
- 3Y*
- 13.57%
- 5Y*
- 10.25%
- 10Y*
- —
FLPE.DE vs. JPGL.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
FLPE.DE FlexShares Listed Private Equity UCITS ETF USD Accumulating | -15.73% | -5.26% | 36.56% | 38.12% | -9.04% |
JPGL.DE JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating | 11.57% | 5.18% | 16.53% | 9.74% | -2.75% |
Correlation
The correlation between FLPE.DE and JPGL.DE is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.57 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.63 |
Correlation (All Time) Calculated using the full available price history since Mar 8, 2022 | 0.68 |
The correlation between FLPE.DE and JPGL.DE shifts across timeframes, from 0.57 (1 year) to 0.68 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
FLPE.DE vs. JPGL.DE — Risk / Return Rank
FLPE.DE
JPGL.DE
FLPE.DE vs. JPGL.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FlexShares Listed Private Equity UCITS ETF USD Accumulating (FLPE.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.
| FLPE.DE | JPGL.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.84 | ||
| Sortino ratioReturn per unit of downside risk | -3.88 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.40 | -0.48 |
| Calmar ratioReturn relative to maximum drawdown | -0.43 | 4.10 | -4.54 |
| Martin ratioReturn relative to average drawdown | -0.90 | 15.50 | -16.40 |
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
| FLPE.DE | JPGL.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.56 | 2.28 | -2.84 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.85 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 0.68 | -0.36 |
Drawdowns
FLPE.DE vs. JPGL.DE - Drawdown Comparison
The maximum FLPE.DE drawdown since its inception was -32.40%, smaller than the maximum JPGL.DE drawdown of -35.55%. Use the drawdown chart below to compare losses from any high point for FLPE.DE and JPGL.DE.
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Drawdown Indicators
| FLPE.DE | JPGL.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.40% | -35.55% | +3.15% |
Max Drawdown (1Y)Largest decline over 1 year | -28.14% | -4.75% | -23.39% |
Max Drawdown (3Y)Largest decline over 3 years | -32.40% | -17.34% | -15.06% |
Max Drawdown (5Y)Largest decline over 5 years | — | -17.34% | — |
Current DrawdownCurrent decline from peak | -25.84% | -0.10% | -25.74% |
Average DrawdownAverage peak-to-trough decline | -9.48% | -4.81% | -4.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.63% | 1.26% | +12.37% |
Volatility
FLPE.DE vs. JPGL.DE - Volatility Comparison
FlexShares Listed Private Equity UCITS ETF USD Accumulating (FLPE.DE) has a higher volatility of 6.82% compared to JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating (JPGL.DE) at 2.06%. This indicates that FLPE.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.
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Volatility by Period
| FLPE.DE | JPGL.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.82% | 2.06% | +4.76% |
Volatility (6M)Calculated over the trailing 6-month period | 17.67% | 6.02% | +11.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.96% | 8.55% | +13.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.83% | 11.86% | +11.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.83% | 15.01% | +8.82% |
FLPE.DE vs. JPGL.DE - Expense Ratio Comparison
FLPE.DE has a 0.40% expense ratio, which is higher than JPGL.DE's 0.20% expense ratio.
Dividends
FLPE.DE vs. JPGL.DE - Dividend Comparison
Neither FLPE.DE nor JPGL.DE has paid dividends to shareholders.
Frequently Asked Questions
FLPE.DE and JPGL.DE have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JPGL.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JPGL.DE is cheaper with a 0.20% expense ratio, compared with 0.40% for FLPE.DE.
FLPE.DE tracks Foxberry Listed Private Equity SDG Screened Index, while JPGL.DE tracks JP Morgan Diversified Factor Global Developed (Region Aware) Equity. They also come from different issuers: FlexShares and JPMorgan. Their fees differ too: 0.40% for FLPE.DE and 0.20% for JPGL.DE.
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