JEGP.L vs. JMRE.L

Last updated Jun 5, 2026

JEGP.L (JPM Global Equity Premium Income Active UCITS ETF - USD Dist) and JMRE.L (JPMorgan Global Emerging Markets Research Enhanced Index Equity (ESG) UCITS ETF USD (acc)) are both exchange-traded funds - JEGP.L is a Global Equity Income fund actively managed by JPMorgan, while JMRE.L is a Emerging Markets Equities fund tracking the MSCI EM NR USD. JEGP.L is actively managed, while JMRE.L is passively managed. Over the past year, JEGP.L returned 2.35% vs 58.05% for JMRE.L. At a 0.04 correlation, their price movements are largely independent. JEGP.L charges 0.35%/yr vs 0.30%/yr for JMRE.L.

Performance

JEGP.L vs. JMRE.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in JPM Global Equity Premium Income Active UCITS ETF - USD Dist (JEGP.L) and JPMorgan Global Emerging Markets Research Enhanced Index Equity (ESG) UCITS ETF USD (acc) (JMRE.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JEGP.L achieves a -1.87% return, which is significantly lower than JMRE.L's 29.27% return.

JEGP.L

• 1D: 0.49%
• 1M: 0.98%
• YTD: -1.87%
• 6M: -1.08%
• 1Y: 2.35%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JMRE.L

• 1D: -1.66%
• 1M: 6.70%
• YTD: 29.27%
• 6M: 31.42%
• 1Y: 58.05%
• 3Y*: 21.44%
• 5Y*: 8.43%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

JEGP.L vs. JMRE.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JEGP.L JPM Global Equity Premium Income Active UCITS ETF - USD Dist	-1.87%	4.70%	9.52%	0.47%
JMRE.L JPMorgan Global Emerging Markets Research Enhanced Index Equity (ESG) UCITS ETF USD (acc)	29.27%	25.64%	8.21%	3.72%

Correlation

The correlation between JEGP.L and JMRE.L is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.11
Correlation (All Time) Calculated using the full available price history since Dec 7, 2023	0.04

The correlation between JEGP.L and JMRE.L shifts across timeframes, from -0.11 (1 year) to 0.04 (all time), reflecting how their relationship changes across market environments.

Return for Risk

JEGP.L vs. JMRE.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JEGP.L

JEGP.L Risk / Return Rank: 13
JEGP.L Sharpe Ratio Rank: 13
JEGP.L Sortino Ratio Rank: 13
JEGP.L Omega Ratio Rank: 12
JEGP.L Calmar Ratio Rank: 12
JEGP.L Martin Ratio Rank: 13

JMRE.L

JMRE.L Risk / Return Rank: 91
JMRE.L Sharpe Ratio Rank: 93
JMRE.L Sortino Ratio Rank: 92
JMRE.L Omega Ratio Rank: 93
JMRE.L Calmar Ratio Rank: 90
JMRE.L Martin Ratio Rank: 88

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JEGP.L vs. JMRE.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPM Global Equity Premium Income Active UCITS ETF - USD Dist (JEGP.L) and JPMorgan Global Emerging Markets Research Enhanced Index Equity (ESG) UCITS ETF USD (acc) (JMRE.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.

	JEGP.L	JMRE.L	Difference
Sharpe ratio: Return per unit of total volatility	0.28	3.43	-3.15
Sortino ratio: Return per unit of downside risk	0.45	4.38	-3.93
Omega ratio: Gain probability vs. loss probability	1.05	1.63	-0.58
Calmar ratio: Return relative to maximum drawdown	0.25	5.49	-5.24
Martin ratio: Return relative to average drawdown	0.75	19.12	-18.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JEGP.L vs. JMRE.L - Sharpe Ratio Comparison

The current JEGP.L Sharpe Ratio is 0.28, which is lower than the JMRE.L Sharpe Ratio of 3.43. The chart below compares the historical Sharpe Ratios of JEGP.L and JMRE.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	JEGP.L	JMRE.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.28	3.43	-3.15
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.32	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	0.24	+0.30

Drawdowns

JEGP.L vs. JMRE.L - Drawdown Comparison

The maximum JEGP.L drawdown since its inception was -9.25%, smaller than the maximum JMRE.L drawdown of -31.64%. Use the drawdown chart below to compare losses from any high point for JEGP.L and JMRE.L.

Drawdown Indicators

	JEGP.L	JMRE.L	Difference
Max Drawdown Largest peak-to-trough decline	-9.25%	-31.64%	+22.39%
Max Drawdown (1Y) Largest decline over 1 year	-9.25%	-10.51%	+1.26%
Max Drawdown (3Y) Largest decline over 3 years	—	-23.91%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.50%	—
Current Drawdown Current decline from peak	-7.31%	-2.44%	-4.87%
Average Drawdown Average peak-to-trough decline	-2.69%	-14.76%	+12.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.14%	3.03%	+0.11%

Volatility

JEGP.L vs. JMRE.L - Volatility Comparison

The current volatility for JPM Global Equity Premium Income Active UCITS ETF - USD Dist (JEGP.L) is 2.79%, while JPMorgan Global Emerging Markets Research Enhanced Index Equity (ESG) UCITS ETF USD (acc) (JMRE.L) has a volatility of 7.50%. This indicates that JEGP.L experiences smaller price fluctuations and is considered to be less risky than JMRE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JEGP.L	JMRE.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.79%	7.50%	-4.71%
Volatility (6M) Calculated over the trailing 6-month period	6.65%	14.44%	-7.79%
Volatility (1Y) Calculated over the trailing 1-year period	8.46%	16.87%	-8.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.29%	26.64%	-17.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.29%	26.15%	-16.86%

JEGP.L vs. JMRE.L - Expense Ratio Comparison

JEGP.L has a 0.35% expense ratio, which is higher than JMRE.L's 0.30% expense ratio.

Dividends

JEGP.L vs. JMRE.L - Dividend Comparison

JEGP.L's dividend yield for the trailing twelve months is around 8.82%, while JMRE.L has not paid dividends to shareholders.

Position	TTM	2025	2024
JEGP.L JPM Global Equity Premium Income Active UCITS ETF - USD Dist	8.82%	8.01%	6.39%
JMRE.L JPMorgan Global Emerging Markets Research Enhanced Index Equity (ESG) UCITS ETF USD (acc)	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JEGP.L and JMRE.L in my portfolio?

JEGP.L and JMRE.L have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JEGP.L or JMRE.L?

On fees, JMRE.L is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JEGP.L or JMRE.L?

JMRE.L is cheaper with a 0.30% expense ratio, compared with 0.35% for JEGP.L.

What is the main difference between JEGP.L and JMRE.L?

JEGP.L is categorized as Global Equity Income, while JMRE.L is Emerging Markets Equities. Their fees differ too: 0.35% for JEGP.L and 0.30% for JMRE.L.