JE13.DE vs. JREE.DE
JE13.DE (JPMorgan BetaBuilders EUR Government Bond 1-3 UCITS ETF EUR (Acc)) and JREE.DE (JPMorgan Europe Research Enhanced Index Equity (ESG) UCITS ETF EUR (acc)) are both exchange-traded funds - JE13.DE is a European Government Bonds fund tracking the JP Morgan EMU Government Bond 1-3, while JREE.DE is a Europe Equities fund tracking the JP Morgan Europe Research Enhanced Index Equity (ESG). Both are passively managed. Over the past 5 years, JE13.DE returned 0.62%/yr vs 9.92%/yr for JREE.DE. At a 0.09 correlation, their price movements are largely independent. JE13.DE charges 0.10%/yr vs 0.25%/yr for JREE.DE.
Performance
JE13.DE vs. JREE.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 JREE.DE's 7.37% 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*
- —
JREE.DE
- 1D
- 0.69%
- 1M
- 1.07%
- YTD
- 7.37%
- 6M
- 9.76%
- 1Y
- 15.96%
- 3Y*
- 13.05%
- 5Y*
- 9.92%
- 10Y*
- —
JE13.DE vs. JREE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
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% | 0.23% | 0.69% |
JREE.DE JPMorgan Europe Research Enhanced Index Equity (ESG) UCITS ETF EUR (acc) | 7.37% | 20.14% | 6.61% | 17.08% | -9.48% | 25.69% | -1.97% | 30.84% | -6.54% |
Correlation
The correlation between JE13.DE and JREE.DE is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Oct 17, 2018 | 0.09 |
Over the past year, JE13.DE and JREE.DE have become more correlated (0.38) than their long-term average of 0.09, meaning their price movements have been converging.
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Return for Risk
JE13.DE vs. JREE.DE — Risk / Return Rank
JE13.DE
JREE.DE
JE13.DE vs. JREE.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 Europe Research Enhanced Index Equity (ESG) UCITS ETF EUR (acc) (JREE.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 | JREE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.61 | ||
| Sortino ratioReturn per unit of downside risk | -0.92 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.23 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 0.62 | 1.60 | -0.97 |
| Martin ratioReturn relative to average drawdown | 2.01 | 5.79 | -3.77 |
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 | JREE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.61 | 1.22 | -0.61 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.36 | 0.67 | -0.31 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | 0.65 | -0.42 |
Drawdowns
JE13.DE vs. JREE.DE - Drawdown Comparison
The maximum JE13.DE drawdown since its inception was -6.90%, smaller than the maximum JREE.DE drawdown of -35.62%. Use the drawdown chart below to compare losses from any high point for JE13.DE and JREE.DE.
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Drawdown Indicators
| JE13.DE | JREE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.90% | -35.62% | +28.72% |
Max Drawdown (1Y)Largest decline over 1 year | -1.28% | -9.97% | +8.69% |
Max Drawdown (3Y)Largest decline over 3 years | -1.28% | -16.63% | +15.35% |
Max Drawdown (5Y)Largest decline over 5 years | -6.01% | -19.02% | +13.01% |
Current DrawdownCurrent decline from peak | -0.54% | -1.28% | +0.74% |
Average DrawdownAverage peak-to-trough decline | -1.76% | -4.59% | +2.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.40% | 2.76% | -2.36% |
Volatility
JE13.DE vs. JREE.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 Europe Research Enhanced Index Equity (ESG) UCITS ETF EUR (acc) (JREE.DE) has a volatility of 4.22%. This indicates that JE13.DE experiences smaller price fluctuations and is considered to be less risky than JREE.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 | JREE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.46% | 4.22% | -3.76% |
Volatility (6M)Calculated over the trailing 6-month period | 1.21% | 10.65% | -9.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.32% | 13.05% | -11.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.71% | 14.66% | -12.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.52% | 16.70% | -15.18% |
JE13.DE vs. JREE.DE - Expense Ratio Comparison
JE13.DE has a 0.10% expense ratio, which is lower than JREE.DE's 0.25% 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. JREE.DE - Dividend Comparison
Neither JE13.DE nor JREE.DE has paid dividends to shareholders.
Frequently Asked Questions
JE13.DE and JREE.DE have a correlation of 0.38, 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 0.25% for JREE.DE.
JE13.DE is categorized as European Government Bonds, while JREE.DE is Europe Equities. JE13.DE tracks JP Morgan EMU Government Bond 1-3, while JREE.DE tracks JP Morgan Europe Research Enhanced Index Equity (ESG). Their fees differ too: 0.10% for JE13.DE and 0.25% for JREE.DE.
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