J15R.L vs. JRBE.L
J15R.L (JPMorgan EUR Corporate Bond 1-5 yr Research Enhanced Index (ESG) UCITS ETF) and JRBE.L (JPMorgan EUR Corporate Bond Research Enhanced Index (ESG) UCITS ETF) are both European Corporate Bonds funds from JPMorgan - J15R.L tracks the Bloomberg Euro Agg Corp 1-3 Yr TR EUR while JRBE.L tracks the Bloomberg Euro Corp TR EUR. Both are passively managed. Over the past 5 years, J15R.L returned 1.30%/yr vs 0.30%/yr for JRBE.L. Their correlation of 0.92 suggests significant overlap in exposure. Both charge a 0.04% expense ratio.
Performance
J15R.L vs. JRBE.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, J15R.L achieves a -0.52% return, which is significantly lower than JRBE.L's -0.44% return.
J15R.L
- 1D
- 0.23%
- 1M
- 0.89%
- YTD
- -0.52%
- 6M
- -0.43%
- 1Y
- 4.87%
- 3Y*
- 4.41%
- 5Y*
- 1.30%
- 10Y*
- —
JRBE.L
- 1D
- 0.22%
- 1M
- 1.03%
- YTD
- -0.44%
- 6M
- -0.44%
- 1Y
- 4.85%
- 3Y*
- 4.75%
- 5Y*
- 0.30%
- 10Y*
- —
J15R.L vs. JRBE.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
J15R.L JPMorgan EUR Corporate Bond 1-5 yr Research Enhanced Index (ESG) UCITS ETF | -0.52% | 8.88% | -0.40% | 4.16% | -2.63% | -6.93% | 6.49% | -3.37% | 0.59% |
JRBE.L JPMorgan EUR Corporate Bond Research Enhanced Index (ESG) UCITS ETF | -0.44% | 8.52% | -0.35% | 5.53% | -8.30% | -7.59% | 8.06% | 0.11% | 0.48% |
Correlation
The correlation between J15R.L and JRBE.L is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.96 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.95 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.93 |
Correlation (All Time) Calculated using the full available price history since Dec 14, 2018 | 0.92 |
The correlation between J15R.L and JRBE.L has been stable across timeframes, ranging from 0.92 to 0.96 - a consistent structural relationship.
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
J15R.L vs. JRBE.L — Risk / Return Rank
J15R.L
JRBE.L
J15R.L vs. JRBE.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan EUR Corporate Bond 1-5 yr Research Enhanced Index (ESG) UCITS ETF (J15R.L) and JPMorgan EUR Corporate Bond Research Enhanced Index (ESG) UCITS ETF (JRBE.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.
| J15R.L | JRBE.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.11 | ||
| Sortino ratioReturn per unit of downside risk | +0.22 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.18 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.45 | 1.22 | +0.23 |
| Martin ratioReturn relative to average drawdown | 3.71 | 3.13 | +0.58 |
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
| J15R.L | JRBE.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.13 | 1.01 | +0.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.24 | 0.05 | +0.19 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.11 | 0.09 | +0.03 |
Drawdowns
J15R.L vs. JRBE.L - Drawdown Comparison
The maximum J15R.L drawdown since its inception was -16.15%, smaller than the maximum JRBE.L drawdown of -21.46%. Use the drawdown chart below to compare losses from any high point for J15R.L and JRBE.L.
Loading charts...
Drawdown Indicators
| J15R.L | JRBE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.15% | -21.46% | +5.31% |
Max Drawdown (1Y)Largest decline over 1 year | -3.35% | -3.97% | +0.62% |
Max Drawdown (3Y)Largest decline over 3 years | -3.35% | -3.97% | +0.62% |
Max Drawdown (5Y)Largest decline over 5 years | -10.32% | -16.77% | +6.45% |
Current DrawdownCurrent decline from peak | -1.85% | -5.72% | +3.87% |
Average DrawdownAverage peak-to-trough decline | -7.53% | -9.85% | +2.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.31% | 1.55% | -0.24% |
Volatility
J15R.L vs. JRBE.L - Volatility Comparison
The current volatility for JPMorgan EUR Corporate Bond 1-5 yr Research Enhanced Index (ESG) UCITS ETF (J15R.L) is 1.27%, while JPMorgan EUR Corporate Bond Research Enhanced Index (ESG) UCITS ETF (JRBE.L) has a volatility of 1.46%. This indicates that J15R.L experiences smaller price fluctuations and is considered to be less risky than JRBE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| J15R.L | JRBE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.27% | 1.46% | -0.19% |
Volatility (6M)Calculated over the trailing 6-month period | 3.12% | 3.67% | -0.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.31% | 4.76% | -0.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.47% | 6.15% | -0.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.42% | 7.10% | -0.68% |
J15R.L vs. JRBE.L - Expense Ratio Comparison
Both J15R.L and JRBE.L have an expense ratio of 0.04%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
J15R.L vs. JRBE.L - Dividend Comparison
Neither J15R.L nor JRBE.L has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.96, J15R.L and JRBE.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
Both ETFs have the same 0.04% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
J15R.L and JRBE.L have the same expense ratio: 0.04% per year.
J15R.L tracks Bloomberg Euro Agg Corp 1-3 Yr TR EUR, while JRBE.L tracks Bloomberg Euro Corp TR EUR.
Find the right allocation for J15R.L and JRBE.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