JE13.DE vs. JPGL.DE
JE13.DE (JPMorgan BetaBuilders EUR Government Bond 1-3 UCITS ETF EUR (Acc)) and JPGL.DE (JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating) are both exchange-traded funds - JE13.DE is a European Government Bonds fund tracking the JP Morgan EMU Government Bond 1-3, while JPGL.DE is a Global Equities fund tracking the JP Morgan Diversified Factor Global Developed (Region Aware) Equity. Both are passively managed. Over the past 5 years, JE13.DE returned 0.62%/yr vs 10.25%/yr for JPGL.DE. At a 0.11 correlation, their price movements are largely independent. JE13.DE charges 0.10%/yr vs 0.20%/yr for JPGL.DE.
Performance
JE13.DE vs. JPGL.DE - Performance Comparison
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Returns By Period
In the year-to-date period, JE13.DE achieves a 0.06% return, which is significantly lower than JPGL.DE's 11.57% return.
JE13.DE
- 1D
- 0.05%
- 1M
- 0.04%
- YTD
- 0.06%
- 6M
- 0.18%
- 1Y
- 0.97%
- 3Y*
- 2.63%
- 5Y*
- 0.62%
- 10Y*
- —
JPGL.DE
- 1D
- -0.10%
- 1M
- 2.54%
- YTD
- 11.57%
- 6M
- 11.95%
- 1Y
- 19.90%
- 3Y*
- 13.57%
- 5Y*
- 10.25%
- 10Y*
- —
JE13.DE vs. JPGL.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
JE13.DE JPMorgan BetaBuilders EUR Government Bond 1-3 UCITS ETF EUR (Acc) | 0.06% | 2.30% | 2.97% | 3.44% | -4.96% | -0.81% | -0.05% | -0.29% |
JPGL.DE JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating | 11.57% | 5.18% | 16.53% | 9.74% | -4.98% | 33.79% | -3.55% | 6.48% |
Correlation
The correlation between JE13.DE and JPGL.DE is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Jul 17, 2019 | 0.11 |
The correlation between JE13.DE and JPGL.DE shifts across timeframes, from 0.11 (all time) to 0.28 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
JE13.DE vs. JPGL.DE — Risk / Return Rank
JE13.DE
JPGL.DE
JE13.DE vs. JPGL.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders EUR Government Bond 1-3 UCITS ETF EUR (Acc) (JE13.DE) and JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating (JPGL.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.
| JE13.DE | JPGL.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.67 | ||
| Sortino ratioReturn per unit of downside risk | -2.34 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.40 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | 0.62 | 4.10 | -3.48 |
| Martin ratioReturn relative to average drawdown | 2.01 | 15.50 | -13.49 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| JE13.DE | JPGL.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.61 | 2.28 | -1.67 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.36 | 0.85 | -0.50 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | 0.68 | -0.45 |
Drawdowns
JE13.DE vs. JPGL.DE - Drawdown Comparison
The maximum JE13.DE drawdown since its inception was -6.90%, smaller than the maximum JPGL.DE drawdown of -35.55%. Use the drawdown chart below to compare losses from any high point for JE13.DE and JPGL.DE.
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Drawdown Indicators
| JE13.DE | JPGL.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.90% | -35.55% | +28.65% |
Max Drawdown (1Y)Largest decline over 1 year | -1.28% | -4.75% | +3.47% |
Max Drawdown (3Y)Largest decline over 3 years | -1.28% | -17.34% | +16.06% |
Max Drawdown (5Y)Largest decline over 5 years | -6.01% | -17.34% | +11.33% |
Current DrawdownCurrent decline from peak | -0.54% | -0.10% | -0.44% |
Average DrawdownAverage peak-to-trough decline | -1.76% | -4.81% | +3.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.40% | 1.26% | -0.86% |
Volatility
JE13.DE vs. JPGL.DE - Volatility Comparison
The current volatility for JPMorgan BetaBuilders EUR Government Bond 1-3 UCITS ETF EUR (Acc) (JE13.DE) is 0.46%, while JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating (JPGL.DE) has a volatility of 2.06%. This indicates that JE13.DE experiences smaller price fluctuations and is considered to be less risky than JPGL.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JE13.DE | JPGL.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.46% | 2.06% | -1.60% |
Volatility (6M)Calculated over the trailing 6-month period | 1.21% | 6.02% | -4.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.32% | 8.55% | -7.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.71% | 11.86% | -10.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.52% | 15.01% | -13.49% |
JE13.DE vs. JPGL.DE - Expense Ratio Comparison
JE13.DE has a 0.10% expense ratio, which is lower than JPGL.DE'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
JE13.DE vs. JPGL.DE - Dividend Comparison
Neither JE13.DE nor JPGL.DE has paid dividends to shareholders.
Frequently Asked Questions
JE13.DE and JPGL.DE have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JE13.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JE13.DE is cheaper with a 0.10% expense ratio, compared with 0.20% for JPGL.DE.
JE13.DE is categorized as European Government Bonds, while JPGL.DE is Global Equities. JE13.DE tracks JP Morgan EMU Government Bond 1-3, while JPGL.DE tracks JP Morgan Diversified Factor Global Developed (Region Aware) Equity. Their fees differ too: 0.10% for JE13.DE and 0.20% for JPGL.DE.
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