FTGU.DE vs. JREU.DE

Last updated Jul 18, 2026

FTGU.DE (First Trust US Large Cap Core AlphaDEX UCITS ETF Class A USD) and JREU.DE (JPMorgan US Research Enhanced Index Equity (ESG) UCITS ETF USD (acc)) are both Large Cap Blend Equities funds - FTGU.DE tracks the Nasdaq AlphaDEX Large Cap Core NTR Index while JREU.DE tracks the JP Morgan US Research Enhanced Index Equity (ESG). Both are passively managed. Over the past 5 years, FTGU.DE returned 11.49%/yr vs 13.36%/yr for JREU.DE. Their correlation of 0.87 suggests significant overlap in exposure. FTGU.DE charges 0.65%/yr vs 0.20%/yr for JREU.DE.

Performance

FTGU.DE vs. JREU.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in First Trust US Large Cap Core AlphaDEX UCITS ETF Class A USD (FTGU.DE) and JPMorgan US Research Enhanced Index Equity (ESG) UCITS ETF USD (acc) (JREU.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FTGU.DE achieves a 16.48% return, which is significantly higher than JREU.DE's 11.05% return.

FTGU.DE

• 1D: -0.37%
• 1M: -1.11%
• 6M: 11.47%
• YTD: 16.48%
• 1Y: 24.72%
• 3Y*: 16.45%
• 5Y*: 11.49%
• 10Y*: —

JREU.DE

• 1D: -1.23%
• 1M: 0.56%
• 6M: 9.11%
• YTD: 11.05%
• 1Y: 20.31%
• 3Y*: 18.09%
• 5Y*: 13.36%
• 10Y*: —

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

FTGU.DE vs. JREU.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FTGU.DE First Trust US Large Cap Core AlphaDEX UCITS ETF Class A USD	16.48%	2.82%	23.34%	10.92%	-7.47%	38.46%	2.87%	29.47%	-14.26%
JREU.DE JPMorgan US Research Enhanced Index Equity (ESG) UCITS ETF USD (acc)	11.05%	3.77%	32.09%	24.03%	-14.69%	42.48%	8.54%	34.59%	-21.12%

Correlation

The correlation between FTGU.DE and JREU.DE is 0.76, 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	0.76
Correlation (3Y) Calculated over the trailing 3-year period	0.79
Correlation (5Y) Calculated over the trailing 5-year period	0.85
Correlation (All Time) Calculated using the full available price history since Oct 10, 2018	0.87

The correlation between FTGU.DE and JREU.DE shifts across timeframes, from 0.76 (1 year) to 0.87 (all time), reflecting how their relationship changes across market environments.

Return for Risk

FTGU.DE vs. JREU.DE — Risk / Return Rank

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

FTGU.DE

FTGU.DE Risk / Return Rank: 88
FTGU.DE Sharpe Ratio Rank: 85
FTGU.DE Sortino Ratio Rank: 85
FTGU.DE Omega Ratio Rank: 82
FTGU.DE Calmar Ratio Rank: 96
FTGU.DE Martin Ratio Rank: 92

JREU.DE

JREU.DE Risk / Return Rank: 72
JREU.DE Sharpe Ratio Rank: 71
JREU.DE Sortino Ratio Rank: 68
JREU.DE Omega Ratio Rank: 70
JREU.DE Calmar Ratio Rank: 75
JREU.DE Martin Ratio Rank: 77

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.

FTGU.DE vs. JREU.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust US Large Cap Core AlphaDEX UCITS ETF Class A USD (FTGU.DE) and JPMorgan US Research Enhanced Index Equity (ESG) UCITS ETF USD (acc) (JREU.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.

	FTGU.DE	JREU.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.09	1.77	+0.32
Sortino ratio: Return per unit of downside risk	2.91	2.44	+0.48
Omega ratio: Gain probability vs. loss probability	1.37	1.32	+0.04
Calmar ratio: Return relative to maximum drawdown	6.66	2.97	+3.69
Martin ratio: Return relative to average drawdown	17.21	10.96	+6.26

FTGU.DE vs. JREU.DE - Sharpe Ratio Comparison

The current FTGU.DE Sharpe Ratio is 2.09, which is comparable to the JREU.DE Sharpe Ratio of 1.77. The chart below compares the historical Sharpe Ratios of FTGU.DE and JREU.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

FTGU.DE vs. JREU.DE - Drawdown Comparison

The maximum FTGU.DE drawdown since its inception was -99.98%, which is greater than JREU.DE's maximum drawdown of -34.40%. Use the drawdown chart below to compare losses from any high point for FTGU.DE and JREU.DE.

Drawdown Indicators

	FTGU.DE	JREU.DE	Difference
Max Drawdown Largest peak-to-trough decline	-99.98%	-34.40%	-65.58%
Max Drawdown (1Y) Largest decline over 1 year	-3.70%	-6.81%	+3.11%
Max Drawdown (3Y) Largest decline over 3 years	-24.38%	-23.37%	-1.01%
Max Drawdown (5Y) Largest decline over 5 years	-24.38%	-23.37%	-1.01%
Current Drawdown Current decline from peak	-3.21%	-1.42%	-1.79%
Average Drawdown Average peak-to-trough decline	-5.12%	-5.32%	+0.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.43%	1.85%	-0.42%

Volatility

FTGU.DE vs. JREU.DE - Volatility Comparison

First Trust US Large Cap Core AlphaDEX UCITS ETF Class A USD (FTGU.DE) has a higher volatility of 3.74% compared to JPMorgan US Research Enhanced Index Equity (ESG) UCITS ETF USD (acc) (JREU.DE) at 3.04%. This indicates that FTGU.DE's price experiences larger fluctuations and is considered to be riskier than JREU.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTGU.DE	JREU.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.74%	3.04%	+0.70%
Volatility (6M) Calculated over the trailing 6-month period	8.07%	7.75%	+0.32%
Volatility (1Y) Calculated over the trailing 1-year period	12.01%	11.65%	+0.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.48%	15.33%	+0.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	132,503.00%	17.72%	+132,485.28%

FTGU.DE vs. JREU.DE - Expense Ratio Comparison

FTGU.DE has a 0.65% expense ratio, which is higher than JREU.DE's 0.20% expense ratio.

Dividends

FTGU.DE vs. JREU.DE - Dividend Comparison

Neither FTGU.DE nor JREU.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both FTGU.DE and JREU.DE in my portfolio?

FTGU.DE and JREU.DE have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FTGU.DE or JREU.DE?

On fees, JREU.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FTGU.DE or JREU.DE?

JREU.DE is cheaper with a 0.20% expense ratio, compared with 0.65% for FTGU.DE.

What is the main difference between FTGU.DE and JREU.DE?

FTGU.DE tracks Nasdaq AlphaDEX Large Cap Core NTR Index, while JREU.DE tracks JP Morgan US Research Enhanced Index Equity (ESG). They also come from different issuers: First Trust and JPMorgan. Their fees differ too: 0.65% for FTGU.DE and 0.20% for JREU.DE.