GLTL.L vs. JURE.L
GLTL.L (SPDR Bloomberg 15+ Year Gilt UCITS ETF) and JURE.L (JPMorgan US Research Enhanced Index Equity UCITS ETF - USD (acc)) are both exchange-traded funds - GLTL.L is a European Government Bonds fund tracking the FTSE Act UK Cnvt Gilts All Stocks TR GBP, 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, GLTL.L returned -10.85%/yr vs 14.89%/yr for JURE.L. At a correlation of -0.05, they often move in opposite directions. GLTL.L charges 0.15%/yr vs 0.20%/yr for JURE.L.
Performance
GLTL.L vs. JURE.L - Performance Comparison
Loading charts...
Different Trading Currencies
GLTL.L is traded in GBP, while JURE.L is traded in GBp. To make them comparable, the JURE.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, GLTL.L achieves a -3.57% return, which is significantly lower than JURE.L's 9.76% return.
GLTL.L
- 1D
- 0.41%
- 1M
- 2.69%
- YTD
- -3.57%
- 6M
- -4.08%
- 1Y
- 0.19%
- 3Y*
- -0.97%
- 5Y*
- -10.85%
- 10Y*
- -3.59%
JURE.L
- 1D
- 0.00%
- 1M
- 4.89%
- YTD
- 9.76%
- 6M
- 9.91%
- 1Y
- 28.08%
- 3Y*
- 18.48%
- 5Y*
- 14.89%
- 10Y*
- —
GLTL.L vs. JURE.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
GLTL.L SPDR Bloomberg 15+ Year Gilt UCITS ETF | -3.57% | 3.16% | -10.46% | 1.26% | -40.67% | -6.57% | 13.60% | 11.56% | 4.39% |
JURE.L JPMorgan US Research Enhanced Index Equity UCITS ETF - USD (acc) | 9.76% | 8.38% | 27.17% | 21.34% | -9.44% | 32.51% | 15.58% | 26.43% | -6.82% |
Correlation
The correlation between GLTL.L and JURE.L is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.00 |
Correlation (All Time) Calculated using the full available price history since Oct 17, 2018 | -0.05 |
The correlation between GLTL.L and JURE.L shifts across timeframes, from -0.05 (all time) to 0.16 (1 year), reflecting how their relationship changes across market environments.
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
GLTL.L vs. JURE.L — Risk / Return Rank
GLTL.L
JURE.L
GLTL.L vs. JURE.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg 15+ Year Gilt UCITS ETF (GLTL.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.
| GLTL.L | JURE.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.68 | ||
| Sortino ratioReturn per unit of downside risk | -3.49 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.50 | -0.49 |
| Calmar ratioReturn relative to maximum drawdown | 0.02 | 3.99 | -3.98 |
| Martin ratioReturn relative to average drawdown | 0.04 | 15.08 | -15.04 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| GLTL.L | JURE.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.02 | 2.69 | -2.68 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.55 | 1.03 | -1.58 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.21 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.03 | 0.95 | -0.98 |
Drawdowns
GLTL.L vs. JURE.L - Drawdown Comparison
The maximum GLTL.L drawdown since its inception was -55.18%, which is greater than JURE.L's maximum drawdown of -26.13%. Use the drawdown chart below to compare losses from any high point for GLTL.L and JURE.L.
Loading charts...
Drawdown Indicators
| GLTL.L | JURE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.18% | -26.13% | -29.05% |
Max Drawdown (1Y)Largest decline over 1 year | -10.86% | -7.00% | -3.86% |
Max Drawdown (3Y)Largest decline over 3 years | -16.53% | -21.50% | +4.97% |
Max Drawdown (5Y)Largest decline over 5 years | -52.99% | -21.50% | -31.49% |
Max Drawdown (10Y)Largest decline over 10 years | -55.18% | — | — |
Current DrawdownCurrent decline from peak | -52.05% | -0.26% | -51.79% |
Average DrawdownAverage peak-to-trough decline | -19.76% | -3.66% | -16.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.27% | 1.86% | +2.41% |
Volatility
GLTL.L vs. JURE.L - Volatility Comparison
SPDR Bloomberg 15+ Year Gilt UCITS ETF (GLTL.L) has a higher volatility of 5.33% compared to JPMorgan US Research Enhanced Index Equity UCITS ETF - USD (acc) (JURE.L) at 2.59%. This indicates that GLTL.L's price experiences larger fluctuations and is considered to be riskier than JURE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GLTL.L | JURE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.33% | 2.59% | +2.74% |
Volatility (6M)Calculated over the trailing 6-month period | 9.67% | 7.03% | +2.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.50% | 10.38% | +2.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.75% | 14.45% | +5.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.01% | 16.39% | +0.62% |
GLTL.L vs. JURE.L - Expense Ratio Comparison
GLTL.L has a 0.15% 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
GLTL.L vs. JURE.L - Dividend Comparison
GLTL.L's dividend yield for the trailing twelve months is around 5.12%, while JURE.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GLTL.L SPDR Bloomberg 15+ Year Gilt UCITS ETF | 5.12% | 4.77% | 4.39% | 2.97% | 1.63% | 0.87% | 1.01% | 1.43% | 1.55% | 1.86% | 1.99% | 2.51% |
JURE.L JPMorgan US Research Enhanced Index Equity UCITS ETF - USD (acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GLTL.L and JURE.L have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GLTL.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GLTL.L is cheaper with a 0.15% expense ratio, compared with 0.20% for JURE.L.
GLTL.L is categorized as European Government Bonds, while JURE.L is Large Cap Blend Equities. GLTL.L tracks FTSE Act UK Cnvt Gilts All Stocks TR GBP, while JURE.L tracks Russell 1000 TR USD. They also come from different issuers: State Street and JPMorgan. Their fees differ too: 0.15% for GLTL.L and 0.20% for JURE.L.
Find the right allocation for GLTL.L and JURE.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