JEGA.AX vs. RDV.AX
JEGA.AX (JPMorgan Global Equity Premium Income Complex ETF) and RDV.AX (Russell Investments High Dividend Australian Shares ETF) are both Dividend funds. JEGA.AX is actively managed, while RDV.AX is passively managed. Over the past year, JEGA.AX returned -5.03% vs 6.90% for RDV.AX. At a 0.17 correlation, their price movements are largely independent.
Performance
JEGA.AX vs. RDV.AX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, JEGA.AX achieves a -5.60% return, which is significantly lower than RDV.AX's 4.38% return.
JEGA.AX
- 1D
- 0.49%
- 1M
- 2.12%
- 6M
- -4.93%
- YTD
- -5.60%
- 1Y
- -5.03%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
RDV.AX
- 1D
- 0.38%
- 1M
- 0.57%
- 6M
- 4.47%
- YTD
- 4.38%
- 1Y
- 6.90%
- 3Y*
- 11.54%
- 5Y*
- 8.31%
- 10Y*
- 7.62%
JEGA.AX vs. RDV.AX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
JEGA.AX JPMorgan Global Equity Premium Income Complex ETF | -5.60% | 2.55% | 6.18% |
RDV.AX Russell Investments High Dividend Australian Shares ETF | 4.38% | 12.55% | 0.73% |
Correlation
The correlation between JEGA.AX and RDV.AX 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 | 0.28 |
Correlation (All Time) Calculated using the full available price history since Aug 2, 2024 | 0.17 |
The correlation between JEGA.AX and RDV.AX shifts across timeframes, from 0.17 (all time) to 0.28 (1 year), reflecting how their relationship changes across market environments.
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
JEGA.AX vs. RDV.AX — Risk / Return Rank
JEGA.AX
RDV.AX
JEGA.AX vs. RDV.AX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Global Equity Premium Income Complex ETF (JEGA.AX) and Russell Investments High Dividend Australian Shares ETF (RDV.AX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| JEGA.AX | RDV.AX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.11 | ||
| Sortino ratioReturn per unit of downside risk | -1.53 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.13 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | -0.31 | 1.16 | -1.46 |
| Martin ratioReturn relative to average drawdown | -0.63 | 2.19 | -2.82 |
Loading charts...
Drawdowns
JEGA.AX vs. RDV.AX - Drawdown Comparison
The maximum JEGA.AX drawdown since its inception was -17.60%, smaller than the maximum RDV.AX drawdown of -40.60%. Use the drawdown chart below to compare losses from any high point for JEGA.AX and RDV.AX.
Loading charts...
Drawdown Indicators
| JEGA.AX | RDV.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.60% | -40.60% | +23.00% |
Max Drawdown (1Y)Largest decline over 1 year | -14.83% | -6.38% | -8.45% |
Max Drawdown (3Y)Largest decline over 3 years | — | -10.09% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -14.71% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -40.60% | — |
Current DrawdownCurrent decline from peak | -11.87% | -1.31% | -10.56% |
Average DrawdownAverage peak-to-trough decline | -5.75% | -5.16% | -0.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.17% | 3.45% | +3.72% |
Volatility
JEGA.AX vs. RDV.AX - Volatility Comparison
JPMorgan Global Equity Premium Income Complex ETF (JEGA.AX) has a higher volatility of 3.82% compared to Russell Investments High Dividend Australian Shares ETF (RDV.AX) at 2.10%. This indicates that JEGA.AX's price experiences larger fluctuations and is considered to be riskier than RDV.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JEGA.AX | RDV.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.82% | 2.10% | +1.72% |
Volatility (6M)Calculated over the trailing 6-month period | 8.46% | 8.19% | +0.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.36% | 10.44% | +0.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.08% | 12.19% | +0.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.08% | 14.78% | -1.70% |
Dividends
JEGA.AX vs. RDV.AX - Dividend Comparison
JEGA.AX's dividend yield for the trailing twelve months is around 5.20%, more than RDV.AX's 4.03% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JEGA.AX JPMorgan Global Equity Premium Income Complex ETF | 5.20% | 6.92% | 2.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RDV.AX Russell Investments High Dividend Australian Shares ETF | 4.03% | 4.60% | 4.02% | 4.90% | 6.65% | 4.12% | 3.21% | 6.54% | 7.41% | 5.41% | 4.44% | 5.93% |
Frequently Asked Questions
JEGA.AX and RDV.AX 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.
They also come from different issuers: JPMorgan and Russell.
Find the right allocation for JEGA.AX and RDV.AX
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