JEPG.L vs. WMVG.L

Last updated Jun 5, 2026

JEPG.L (JPM Global Equity Premium Income Active UCITS ETF - USD Dist) and WMVG.L (iShares Edge MSCI World Minimum Volatility UCITS ETF GBP Hedged (Acc)) are both Global Equities funds. JEPG.L is actively managed, while WMVG.L is passively managed. Over the past year, JEPG.L returned 1.21% vs 2.09% for WMVG.L. A 0.56 correlation means they provide meaningful diversification when combined. Both charge a 0.35% expense ratio.

Performance

JEPG.L vs. WMVG.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 (JEPG.L) and iShares Edge MSCI World Minimum Volatility UCITS ETF GBP Hedged (Acc) (WMVG.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

JEPG.L is traded in USD, while WMVG.L is traded in GBP. To make them comparable, the WMVG.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, JEPG.L achieves a -2.64% return, which is significantly lower than WMVG.L's 1.07% return.

JEPG.L

• 1D: 0.03%
• 1M: -1.49%
• YTD: -2.64%
• 6M: -1.72%
• 1Y: 1.21%
• 3Y*: —
• 5Y*: —
• 10Y*: —

WMVG.L

• 1D: 0.14%
• 1M: -0.04%
• YTD: 1.07%
• 6M: 2.74%
• 1Y: 2.09%
• 3Y*: 12.61%
• 5Y*: 5.06%
• 10Y*: —

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

JEPG.L vs. WMVG.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JEPG.L JPM Global Equity Premium Income Active UCITS ETF - USD Dist	-2.64%	12.39%	7.83%	1.63%
WMVG.L iShares Edge MSCI World Minimum Volatility UCITS ETF GBP Hedged (Acc)	1.07%	17.31%	12.58%	2.14%

Correlation

The correlation between JEPG.L and WMVG.L is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.57
Correlation (All Time) Calculated using the full available price history since Dec 7, 2023	0.56

The correlation between JEPG.L and WMVG.L has been stable across timeframes, ranging from 0.56 to 0.57 - a consistent structural relationship.

JEPG.L vs. WMVG.L - Sectors Allocation Comparison

Sectors	JEPG.L	WMVG.L
Technology	21.1%	20.1%
Financial Services	13.6%	14.0%
Healthcare	13.4%	13.8%
Communication Services	11.3%	12.1%
Consumer Defensive	10.2%	10.9%
Utilities	8.3%	8.0%
Industrials	6.7%	9.2%
Consumer Cyclical	5.9%	5.6%
Basic Materials	4.7%	1.1%
Real Estate	2.2%	0.7%
Energy	1.6%	4.5%

Return for Risk

JEPG.L vs. WMVG.L — Risk / Return Rank

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

JEPG.L

JEPG.L Risk / Return Rank: 10
JEPG.L Sharpe Ratio Rank: 10
JEPG.L Sortino Ratio Rank: 10
JEPG.L Omega Ratio Rank: 9
JEPG.L Calmar Ratio Rank: 10
JEPG.L Martin Ratio Rank: 10

WMVG.L

WMVG.L Risk / Return Rank: 15
WMVG.L Sharpe Ratio Rank: 15
WMVG.L Sortino Ratio Rank: 14
WMVG.L Omega Ratio Rank: 14
WMVG.L Calmar Ratio Rank: 16
WMVG.L Martin Ratio Rank: 16

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.

JEPG.L vs. WMVG.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 (JEPG.L) and iShares Edge MSCI World Minimum Volatility UCITS ETF GBP Hedged (Acc) (WMVG.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.

	JEPG.L	WMVG.L	Difference
Sharpe ratio: Return per unit of total volatility	0.08	0.18	-0.10
Sortino ratio: Return per unit of downside risk	0.18	0.31	-0.14
Omega ratio: Gain probability vs. loss probability	1.02	1.04	-0.02
Calmar ratio: Return relative to maximum drawdown	0.09	0.27	-0.19
Martin ratio: Return relative to average drawdown	0.23	0.63	-0.40
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JEPG.L vs. WMVG.L - Sharpe Ratio Comparison

The current JEPG.L Sharpe Ratio is 0.08, which is lower than the WMVG.L Sharpe Ratio of 0.18. The chart below compares the historical Sharpe Ratios of JEPG.L and WMVG.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

	JEPG.L	WMVG.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.08	0.18	-0.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.34	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.69	0.41	+0.28

Drawdowns

JEPG.L vs. WMVG.L - Drawdown Comparison

The maximum JEPG.L drawdown since its inception was -8.41%, smaller than the maximum WMVG.L drawdown of -36.20%. Use the drawdown chart below to compare losses from any high point for JEPG.L and WMVG.L.

Drawdown Indicators

	JEPG.L	WMVG.L	Difference
Max Drawdown Largest peak-to-trough decline	-8.41%	-36.20%	+27.79%
Max Drawdown (1Y) Largest decline over 1 year	-8.41%	-6.70%	-1.71%
Max Drawdown (3Y) Largest decline over 3 years	—	-11.59%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-32.15%	—
Current Drawdown Current decline from peak	-7.98%	-3.62%	-4.36%
Average Drawdown Average peak-to-trough decline	-1.70%	-7.09%	+5.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.20%	2.90%	+0.30%

Volatility

JEPG.L vs. WMVG.L - Volatility Comparison

JPM Global Equity Premium Income Active UCITS ETF - USD Dist (JEPG.L) has a higher volatility of 2.69% compared to iShares Edge MSCI World Minimum Volatility UCITS ETF GBP Hedged (Acc) (WMVG.L) at 2.32%. This indicates that JEPG.L's price experiences larger fluctuations and is considered to be riskier than WMVG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JEPG.L	WMVG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.69%	2.32%	+0.37%
Volatility (6M) Calculated over the trailing 6-month period	6.64%	6.88%	-0.24%
Volatility (1Y) Calculated over the trailing 1-year period	9.19%	10.17%	-0.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.97%	14.83%	-3.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.97%	16.81%	-5.84%

JEPG.L vs. WMVG.L - Expense Ratio Comparison

Both JEPG.L and WMVG.L have an expense ratio of 0.35%.

Dividends

JEPG.L vs. WMVG.L - Dividend Comparison

JEPG.L's dividend yield for the trailing twelve months is around 8.88%, while WMVG.L has not paid dividends to shareholders.

Position	TTM	2025	2024
JEPG.L JPM Global Equity Premium Income Active UCITS ETF - USD Dist	8.88%	7.86%	6.50%
WMVG.L iShares Edge MSCI World Minimum Volatility UCITS ETF GBP Hedged (Acc)	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JEPG.L and WMVG.L in my portfolio?

JEPG.L and WMVG.L have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JEPG.L or WMVG.L?

Both ETFs have the same 0.35% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JEPG.L or WMVG.L?

JEPG.L and WMVG.L have the same expense ratio: 0.35% per year.

What is the main difference between JEPG.L and WMVG.L?

They also come from different issuers: JPMorgan and iShares.