JEGP.L vs. JREU.L

Last updated Jun 5, 2026

JEGP.L (JPM Global Equity Premium Income Active UCITS ETF - USD Dist) and JREU.L (JPMorgan US Research Enhanced Index Equity UCITS ETF - USD (acc)) are both exchange-traded funds - JEGP.L is a Global Equity Income fund actively managed by JPMorgan, while JREU.L is a Large Cap Blend Equities fund tracking the Russell 1000 TR USD. JEGP.L is actively managed, while JREU.L is passively managed. Over the past year, JEGP.L returned 2.35% vs 27.93% for JREU.L. At a 0.23 correlation, their price movements are largely independent. JEGP.L charges 0.35%/yr vs 0.20%/yr for JREU.L.

Performance

JEGP.L vs. JREU.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 US Research Enhanced Index Equity UCITS ETF - USD (acc) (JREU.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

JEGP.L is traded in GBp, while JREU.L is traded in USD. To make them comparable, the JREU.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, JEGP.L achieves a -1.87% return, which is significantly lower than JREU.L's 9.96% return.

JEGP.L

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

JREU.L

• 1D: -0.04%
• 1M: 4.79%
• YTD: 9.96%
• 6M: 9.74%
• 1Y: 27.93%
• 3Y*: 18.54%
• 5Y*: 14.88%
• 10Y*: —

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

JEGP.L vs. JREU.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%
JREU.L JPMorgan US Research Enhanced Index Equity UCITS ETF - USD (acc)	9.96%	8.01%	27.31%	3.41%

Correlation

The correlation between JEGP.L and JREU.L is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.09
Correlation (All Time) Calculated using the full available price history since Dec 7, 2023	0.23

The correlation between JEGP.L and JREU.L shifts across timeframes, from 0.09 (1 year) to 0.23 (all time), reflecting how their relationship changes across market environments.

Return for Risk

JEGP.L vs. JREU.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

JREU.L

JREU.L Risk / Return Rank: 72
JREU.L Sharpe Ratio Rank: 72
JREU.L Sortino Ratio Rank: 77
JREU.L Omega Ratio Rank: 72
JREU.L Calmar Ratio Rank: 65
JREU.L Martin Ratio Rank: 75

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. JREU.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 US Research Enhanced Index Equity UCITS ETF - USD (acc) (JREU.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	JREU.L	Difference
Sharpe ratio: Return per unit of total volatility	0.28	2.36	-2.08
Sortino ratio: Return per unit of downside risk	0.45	3.20	-2.76
Omega ratio: Gain probability vs. loss probability	1.05	1.43	-0.38
Calmar ratio: Return relative to maximum drawdown	0.25	4.03	-3.78
Martin ratio: Return relative to average drawdown	0.75	14.26	-13.51
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. JREU.L - Sharpe Ratio Comparison

The current JEGP.L Sharpe Ratio is 0.28, which is lower than the JREU.L Sharpe Ratio of 2.36. The chart below compares the historical Sharpe Ratios of JEGP.L and JREU.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	JREU.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.28	2.36	-2.08
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.96	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	0.89	-0.35

Drawdowns

JEGP.L vs. JREU.L - Drawdown Comparison

The maximum JEGP.L drawdown since its inception was -9.25%, smaller than the maximum JREU.L drawdown of -26.72%. Use the drawdown chart below to compare losses from any high point for JEGP.L and JREU.L.

Drawdown Indicators

	JEGP.L	JREU.L	Difference
Max Drawdown Largest peak-to-trough decline	-9.25%	-26.72%	+17.47%
Max Drawdown (1Y) Largest decline over 1 year	-9.25%	-6.90%	-2.35%
Max Drawdown (3Y) Largest decline over 3 years	—	-21.60%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-21.60%	—
Current Drawdown Current decline from peak	-7.31%	-0.24%	-7.07%
Average Drawdown Average peak-to-trough decline	-2.69%	-3.73%	+1.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.14%	1.95%	+1.19%

Volatility

JEGP.L vs. JREU.L - Volatility Comparison

The current volatility for JPM Global Equity Premium Income Active UCITS ETF - USD Dist (JEGP.L) is 2.79%, while JPMorgan US Research Enhanced Index Equity UCITS ETF - USD (acc) (JREU.L) has a volatility of 3.42%. This indicates that JEGP.L experiences smaller price fluctuations and is considered to be less risky than JREU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JEGP.L	JREU.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.79%	3.42%	-0.63%
Volatility (6M) Calculated over the trailing 6-month period	6.65%	8.52%	-1.87%
Volatility (1Y) Calculated over the trailing 1-year period	8.46%	11.80%	-3.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.29%	15.53%	-6.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.29%	17.40%	-8.11%

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

JEGP.L has a 0.35% expense ratio, which is higher than JREU.L's 0.20% expense ratio.

Dividends

JEGP.L vs. JREU.L - Dividend Comparison

JEGP.L's dividend yield for the trailing twelve months is around 8.82%, while JREU.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%
JREU.L JPMorgan US Research Enhanced Index Equity UCITS ETF - USD (acc)	0.00%	0.00%	0.00%

Frequently Asked Questions

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

JEGP.L and JREU.L have a correlation of 0.09, 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 JREU.L?

On fees, JREU.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

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

JREU.L is cheaper with a 0.20% expense ratio, compared with 0.35% for JEGP.L.

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

JEGP.L is categorized as Global Equity Income, while JREU.L is Large Cap Blend Equities. Their fees differ too: 0.35% for JEGP.L and 0.20% for JREU.L.