JEDG.L vs. ARES
Compare and contrast key facts about VanEck Space Innovators UCITS ETF (JEDG.L) and Ares Management Corporation (ARES).
JEDG.L is a passively managed fund by VanEck that tracks the performance of the MSCI World/Materials NR USD. It was launched on Jun 24, 2022.
Performance
JEDG.L vs. ARES - Performance Comparison
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JEDG.L vs. ARES - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
JEDG.L VanEck Space Innovators UCITS ETF | 26.75% | 80.38% | 46.13% | 6.44% | -12.08% |
ARES Ares Management Corporation | -32.56% | -12.44% | 55.35% | 70.54% | 16.78% |
Different Trading Currencies
JEDG.L is traded in GBP, while ARES is traded in USD. To make them comparable, the ARES values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, JEDG.L achieves a 26.75% return, which is significantly higher than ARES's -32.56% return.
JEDG.L
- 1D
- 7.17%
- 1M
- 4.24%
- YTD
- 26.75%
- 6M
- 45.68%
- 1Y
- 140.24%
- 3Y*
- 50.32%
- 5Y*
- —
- 10Y*
- —
ARES
- 1D
- -3.25%
- 1M
- -4.33%
- YTD
- -32.56%
- 6M
- -28.45%
- 1Y
- -28.32%
- 3Y*
- 9.01%
- 5Y*
- 17.54%
- 10Y*
- 27.38%
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Return for Risk
JEDG.L vs. ARES — Risk / Return Rank
JEDG.L
ARES
JEDG.L vs. ARES - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Space Innovators UCITS ETF (JEDG.L) and Ares Management Corporation (ARES). 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.
| JEDG.L | ARES | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.40 | -0.61 | +4.01 |
Sortino ratioReturn per unit of downside risk | 3.85 | -0.63 | +4.49 |
Omega ratioGain probability vs. loss probability | 1.48 | 0.91 | +0.57 |
Calmar ratioReturn relative to maximum drawdown | 6.10 | -0.56 | +6.65 |
Martin ratioReturn relative to average drawdown | 21.47 | -1.40 | +22.87 |
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
| JEDG.L | ARES | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.40 | -0.61 | +4.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.49 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.76 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.11 | 0.67 | +0.45 |
Correlation
The correlation between JEDG.L and ARES is 0.26, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
JEDG.L vs. ARES - Dividend Comparison
JEDG.L has not paid dividends to shareholders, while ARES's dividend yield for the trailing twelve months is around 5.25%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JEDG.L VanEck Space Innovators UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ARES Ares Management Corporation | 5.25% | 3.29% | 2.10% | 2.59% | 3.57% | 2.31% | 3.40% | 3.59% | 7.50% | 5.65% | 4.32% | 6.81% |
Drawdowns
JEDG.L vs. ARES - Drawdown Comparison
The maximum JEDG.L drawdown since its inception was -26.80%, smaller than the maximum ARES drawdown of -53.32%. Use the drawdown chart below to compare losses from any high point for JEDG.L and ARES.
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Drawdown Indicators
| JEDG.L | ARES | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.80% | -49.73% | +22.93% |
Max Drawdown (1Y)Largest decline over 1 year | -22.94% | -49.05% | +26.11% |
Max Drawdown (5Y)Largest decline over 5 years | — | -49.73% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -49.73% | — |
Current DrawdownCurrent decline from peak | -5.28% | -44.13% | +38.85% |
Average DrawdownAverage peak-to-trough decline | -9.09% | -10.91% | +1.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.51% | 19.49% | -12.98% |
Volatility
JEDG.L vs. ARES - Volatility Comparison
VanEck Space Innovators UCITS ETF (JEDG.L) and Ares Management Corporation (ARES) have volatilities of 15.99% and 15.39%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JEDG.L | ARES | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.99% | 15.39% | +0.60% |
Volatility (6M)Calculated over the trailing 6-month period | 32.55% | 33.29% | -0.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.03% | 46.58% | -5.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.70% | 35.79% | -4.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.70% | 35.92% | -4.22% |