IWMO.L vs. JEPG.L

Last updated Jun 5, 2026

IWMO.L (iShares Edge MSCI World Momentum Factor UCITS ETF USD (Acc)) and JEPG.L (JPM Global Equity Premium Income Active UCITS ETF - USD Dist) are both exchange-traded funds - IWMO.L is a Momentum fund tracking the MSCI World Momentum Index, while JEPG.L is a Global Equities fund actively managed by JPMorgan. IWMO.L is passively managed, while JEPG.L is actively managed. Over the past year, IWMO.L returned 33.45% vs 1.21% for JEPG.L. At a 0.28 correlation, their price movements are largely independent. IWMO.L charges 0.25%/yr vs 0.35%/yr for JEPG.L.

Performance

IWMO.L vs. JEPG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Edge MSCI World Momentum Factor UCITS ETF USD (Acc) (IWMO.L) and JPM Global Equity Premium Income Active UCITS ETF - USD Dist (JEPG.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IWMO.L achieves a 21.89% return, which is significantly higher than JEPG.L's -2.64% return.

IWMO.L

• 1D: -0.78%
• 1M: 5.62%
• YTD: 21.89%
• 6M: 23.45%
• 1Y: 33.45%
• 3Y*: 29.58%
• 5Y*: 13.62%
• 10Y*: 15.58%

JEPG.L

• 1D: 0.03%
• 1M: -1.49%
• YTD: -2.64%
• 6M: -1.72%
• 1Y: 1.21%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IWMO.L vs. JEPG.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
IWMO.L iShares Edge MSCI World Momentum Factor UCITS ETF USD (Acc)	21.89%	21.04%	30.50%	5.68%
JEPG.L JPM Global Equity Premium Income Active UCITS ETF - USD Dist	-2.64%	12.39%	7.83%	1.63%

Correlation

The correlation between IWMO.L and JEPG.L is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.22
Correlation (All Time) Calculated using the full available price history since Dec 7, 2023	0.28

IWMO.L vs. JEPG.L - Sectors Allocation Comparison

Sectors	IWMO.L	JEPG.L
Technology	26.0%	21.1%
Industrials	18.7%	6.7%
Financial Services	13.1%	13.6%
Healthcare	10.7%	13.4%
Energy	10.6%	1.6%
Communication Services	6.8%	11.3%
Basic Materials	6.0%	4.7%
Utilities	3.7%	8.3%
Consumer Cyclical	1.6%	5.9%
Consumer Defensive	1.5%	10.2%
Real Estate	1.4%	2.2%

Return for Risk

IWMO.L vs. JEPG.L — Risk / Return Rank

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

IWMO.L

IWMO.L Risk / Return Rank: 60
IWMO.L Sharpe Ratio Rank: 55
IWMO.L Sortino Ratio Rank: 61
IWMO.L Omega Ratio Rank: 56
IWMO.L Calmar Ratio Rank: 60
IWMO.L Martin Ratio Rank: 69

JEPG.L

JEPG.L Risk / Return Rank: 10
JEPG.L Sharpe Ratio Rank: 10
JEPG.L Sortino Ratio Rank: 10
JEPG.L Omega Ratio Rank: 9
JEPG.L Calmar Ratio Rank: 10
JEPG.L Martin Ratio Rank: 10

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.

IWMO.L vs. JEPG.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI World Momentum Factor UCITS ETF USD (Acc) (IWMO.L) and JPM Global Equity Premium Income Active UCITS ETF - USD Dist (JEPG.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.

	IWMO.L	JEPG.L	Difference
Sharpe ratio: Return per unit of total volatility	1.85	0.08	+1.77
Sortino ratio: Return per unit of downside risk	2.81	0.18	+2.63
Omega ratio: Gain probability vs. loss probability	1.34	1.02	+0.32
Calmar ratio: Return relative to maximum drawdown	2.90	0.09	+2.82
Martin ratio: Return relative to average drawdown	12.73	0.23	+12.51
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IWMO.L vs. JEPG.L - Sharpe Ratio Comparison

The current IWMO.L Sharpe Ratio is 1.85, which is higher than the JEPG.L Sharpe Ratio of 0.08. The chart below compares the historical Sharpe Ratios of IWMO.L and JEPG.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IWMO.L	JEPG.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.85	0.08	+1.77
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.74	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.86	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.80	0.69	+0.11

Drawdowns

IWMO.L vs. JEPG.L - Drawdown Comparison

The maximum IWMO.L drawdown since its inception was -31.52%, which is greater than JEPG.L's maximum drawdown of -8.41%. Use the drawdown chart below to compare losses from any high point for IWMO.L and JEPG.L.

Drawdown Indicators

	IWMO.L	JEPG.L	Difference
Max Drawdown Largest peak-to-trough decline	-31.52%	-8.41%	-23.11%
Max Drawdown (1Y) Largest decline over 1 year	-11.61%	-8.41%	-3.20%
Max Drawdown (3Y) Largest decline over 3 years	-19.40%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-29.63%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-31.52%	—	—
Current Drawdown Current decline from peak	-0.78%	-7.98%	+7.20%
Average Drawdown Average peak-to-trough decline	-6.03%	-1.70%	-4.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.65%	3.20%	-0.55%

Volatility

IWMO.L vs. JEPG.L - Volatility Comparison

iShares Edge MSCI World Momentum Factor UCITS ETF USD (Acc) (IWMO.L) has a higher volatility of 6.56% compared to JPM Global Equity Premium Income Active UCITS ETF - USD Dist (JEPG.L) at 2.69%. This indicates that IWMO.L's price experiences larger fluctuations and is considered to be riskier than JEPG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IWMO.L	JEPG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.56%	2.69%	+3.87%
Volatility (6M) Calculated over the trailing 6-month period	15.84%	6.64%	+9.20%
Volatility (1Y) Calculated over the trailing 1-year period	18.21%	9.19%	+9.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.50%	10.97%	+7.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.01%	10.97%	+7.04%

IWMO.L vs. JEPG.L - Expense Ratio Comparison

IWMO.L has a 0.25% expense ratio, which is lower than JEPG.L's 0.35% expense ratio.

Dividends

IWMO.L vs. JEPG.L - Dividend Comparison

IWMO.L has not paid dividends to shareholders, while JEPG.L's dividend yield for the trailing twelve months is around 8.88%.

Position	TTM	2025	2024
IWMO.L iShares Edge MSCI World Momentum Factor UCITS ETF USD (Acc)	0.00%	0.00%	0.00%
JEPG.L JPM Global Equity Premium Income Active UCITS ETF - USD Dist	8.88%	7.86%	6.50%

Frequently Asked Questions

Can I hold both IWMO.L and JEPG.L in my portfolio?

IWMO.L and JEPG.L have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IWMO.L or JEPG.L?

On fees, IWMO.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IWMO.L or JEPG.L?

IWMO.L is cheaper with a 0.25% expense ratio, compared with 0.35% for JEPG.L.

What is the main difference between IWMO.L and JEPG.L?

IWMO.L is categorized as Momentum, while JEPG.L is Global Equities. They also come from different issuers: iShares and JPMorgan. Their fees differ too: 0.25% for IWMO.L and 0.35% for JEPG.L.