IEXA.DE vs. JREB.DE
IEXA.DE (iShares EUR Corporate Bond ex-Financials UCITS ETF EUR Acc) and JREB.DE (JPMorgan EUR Corporate Bond Research Enhanced Index (ESG) UCITS ETF) are both European Corporate Bonds funds - IEXA.DE tracks the Bloomberg Euro Corporate ex-Financials Bond while JREB.DE tracks the JP Morgan EUR Corporate Bond Research Enhanced Index (ESG). Both are passively managed. Over the past 3 years, IEXA.DE returned 4.16%/yr vs 4.80%/yr for JREB.DE. Their correlation of 0.88 suggests significant overlap in exposure. IEXA.DE charges 0.20%/yr vs 0.04%/yr for JREB.DE.
Performance
IEXA.DE vs. JREB.DE - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with IEXA.DE having a 1.30% return and JREB.DE slightly lower at 1.28%.
IEXA.DE
- 1D
- 0.00%
- 1M
- 0.74%
- YTD
- 1.30%
- 6M
- 1.48%
- 1Y
- 2.24%
- 3Y*
- 4.16%
- 5Y*
- —
- 10Y*
- —
JREB.DE
- 1D
- 0.15%
- 1M
- 0.67%
- YTD
- 1.28%
- 6M
- 1.39%
- 1Y
- 2.56%
- 3Y*
- 4.80%
- 5Y*
- 0.31%
- 10Y*
- —
IEXA.DE vs. JREB.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
IEXA.DE iShares EUR Corporate Bond ex-Financials UCITS ETF EUR Acc | 1.30% | 2.47% | 3.54% | 7.38% | -5.39% |
JREB.DE JPMorgan EUR Corporate Bond Research Enhanced Index (ESG) UCITS ETF | 1.28% | 3.15% | 4.24% | 7.62% | -5.17% |
Correlation
The correlation between IEXA.DE and JREB.DE is 0.63, 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 | 0.63 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.84 |
Correlation (All Time) Calculated using the full available price history since May 27, 2022 | 0.88 |
Over the past year, the correlation between IEXA.DE and JREB.DE has dropped to 0.63 - well below their long-term average of 0.88, suggesting their price drivers have been diverging.
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
IEXA.DE vs. JREB.DE — Risk / Return Rank
IEXA.DE
JREB.DE
IEXA.DE vs. JREB.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares EUR Corporate Bond ex-Financials UCITS ETF EUR Acc (IEXA.DE) and JPMorgan EUR Corporate Bond Research Enhanced Index (ESG) UCITS ETF (JREB.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.
| IEXA.DE | JREB.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.02 | ||
| Sortino ratioReturn per unit of downside risk | -0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.14 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.87 | 0.83 | +0.04 |
| Martin ratioReturn relative to average drawdown | 2.79 | 2.64 | +0.16 |
Loading charts...
Drawdowns
IEXA.DE vs. JREB.DE - Drawdown Comparison
The maximum IEXA.DE drawdown since its inception was -9.06%, smaller than the maximum JREB.DE drawdown of -17.22%. Use the drawdown chart below to compare losses from any high point for IEXA.DE and JREB.DE.
Loading charts...
Drawdown Indicators
| IEXA.DE | JREB.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.06% | -17.22% | +8.16% |
Max Drawdown (1Y)Largest decline over 1 year | -2.56% | -3.08% | +0.52% |
Max Drawdown (3Y)Largest decline over 3 years | -2.56% | -3.08% | +0.52% |
Max Drawdown (5Y)Largest decline over 5 years | — | -17.22% | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.34% | +0.34% |
Average DrawdownAverage peak-to-trough decline | -2.24% | -4.98% | +2.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.80% | 0.97% | -0.17% |
Volatility
IEXA.DE vs. JREB.DE - Volatility Comparison
The current volatility for iShares EUR Corporate Bond ex-Financials UCITS ETF EUR Acc (IEXA.DE) is 0.78%, while JPMorgan EUR Corporate Bond Research Enhanced Index (ESG) UCITS ETF (JREB.DE) has a volatility of 1.13%. This indicates that IEXA.DE experiences smaller price fluctuations and is considered to be less risky than JREB.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IEXA.DE | JREB.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.78% | 1.13% | -0.35% |
Volatility (6M)Calculated over the trailing 6-month period | 2.77% | 3.21% | -0.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.26% | 3.62% | -0.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.77% | 4.46% | +0.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.77% | 4.98% | -0.21% |
IEXA.DE vs. JREB.DE - Expense Ratio Comparison
IEXA.DE has a 0.20% expense ratio, which is higher than JREB.DE's 0.04% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
IEXA.DE vs. JREB.DE - Dividend Comparison
Neither IEXA.DE nor JREB.DE has paid dividends to shareholders.
Frequently Asked Questions
IEXA.DE and JREB.DE have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JREB.DE is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JREB.DE is cheaper with a 0.04% expense ratio, compared with 0.20% for IEXA.DE.
IEXA.DE tracks Bloomberg Euro Corporate ex-Financials Bond, while JREB.DE tracks JP Morgan EUR Corporate Bond Research Enhanced Index (ESG). They also come from different issuers: iShares and JPMorgan. Their fees differ too: 0.20% for IEXA.DE and 0.04% for JREB.DE.
Find the right allocation for IEXA.DE and JREB.DE
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