JEST.DE vs. JPPS.DE
JEST.DE (JPM EUR Ultra-Short Income Active UCITS ETF EUR Acc) and JPPS.DE (JPM USD Ultra-Short Income Active UCITS ETF USD Dist) are both Ultrashort Bond funds from JPMorgan. Both are actively managed. Over the past 5 years, JEST.DE returned 2.04%/yr vs 4.29%/yr for JPPS.DE. At a 0.02 correlation, their price movements are largely independent. Both charge a 0.18% expense ratio.
Performance
JEST.DE vs. JPPS.DE - Performance Comparison
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Returns By Period
In the year-to-date period, JEST.DE achieves a 1.16% return, which is significantly lower than JPPS.DE's 4.50% return.
JEST.DE
- 1D
- -0.00%
- 1M
- 0.20%
- 6M
- 1.04%
- YTD
- 1.16%
- 1Y
- 2.14%
- 3Y*
- 3.28%
- 5Y*
- 2.04%
- 10Y*
- —
JPPS.DE
- 1D
- -0.14%
- 1M
- 1.51%
- 6M
- 3.43%
- YTD
- 4.50%
- 1Y
- 5.52%
- 3Y*
- 4.42%
- 5Y*
- 4.29%
- 10Y*
- —
JEST.DE vs. JPPS.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
JEST.DE JPM EUR Ultra-Short Income Active UCITS ETF EUR Acc | 1.16% | 2.61% | 3.93% | 3.33% | -0.45% | -0.39% | -0.19% | 0.19% | -0.35% |
JPPS.DE JPM USD Ultra-Short Income Active UCITS ETF USD Dist | 4.50% | -6.60% | 11.60% | 1.47% | 7.22% | 8.57% | -6.84% | 5.86% | 9.22% |
Correlation
The correlation between JEST.DE and JPPS.DE is -0.07, 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 | -0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.00 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.02 |
Correlation (All Time) Calculated using the full available price history since Jun 6, 2018 | 0.02 |
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Return for Risk
JEST.DE vs. JPPS.DE — Risk / Return Rank
JEST.DE
JPPS.DE
JEST.DE vs. JPPS.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPM EUR Ultra-Short Income Active UCITS ETF EUR Acc (JEST.DE) and JPM USD Ultra-Short Income Active UCITS ETF USD Dist (JPPS.DE). 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.
| JEST.DE | JPPS.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.39 | ||
| Sortino ratioReturn per unit of downside risk | +4.36 | ||
| Omega ratioGain probability vs. loss probability | 1.84 | 1.19 | +0.65 |
| Calmar ratioReturn relative to maximum drawdown | 5.65 | 1.96 | +3.69 |
| Martin ratioReturn relative to average drawdown | 29.32 | 4.74 | +24.58 |
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Drawdowns
JEST.DE vs. JPPS.DE - Drawdown Comparison
The maximum JEST.DE drawdown since its inception was -2.16%, smaller than the maximum JPPS.DE drawdown of -19.53%. Use the drawdown chart below to compare losses from any high point for JEST.DE and JPPS.DE.
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Drawdown Indicators
| JEST.DE | JPPS.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.16% | -19.53% | +17.37% |
Max Drawdown (1Y)Largest decline over 1 year | -0.37% | -3.24% | +2.87% |
Max Drawdown (3Y)Largest decline over 3 years | -0.37% | -11.23% | +10.86% |
Max Drawdown (5Y)Largest decline over 5 years | -1.32% | -11.65% | +10.33% |
Current DrawdownCurrent decline from peak | -0.04% | -4.75% | +4.71% |
Average DrawdownAverage peak-to-trough decline | -0.42% | -7.08% | +6.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.07% | 1.33% | -1.26% |
Volatility
JEST.DE vs. JPPS.DE - Volatility Comparison
The current volatility for JPM EUR Ultra-Short Income Active UCITS ETF EUR Acc (JEST.DE) is 0.14%, while JPM USD Ultra-Short Income Active UCITS ETF USD Dist (JPPS.DE) has a volatility of 1.47%. This indicates that JEST.DE experiences smaller price fluctuations and is considered to be less risky than JPPS.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JEST.DE | JPPS.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.14% | 1.47% | -1.33% |
Volatility (6M)Calculated over the trailing 6-month period | 0.55% | 4.11% | -3.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.61% | 5.91% | -5.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.48% | 7.41% | -6.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.70% | 9.38% | -8.68% |
JEST.DE vs. JPPS.DE - Expense Ratio Comparison
Both JEST.DE and JPPS.DE have an expense ratio of 0.18%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
JEST.DE vs. JPPS.DE - Dividend Comparison
JEST.DE has not paid dividends to shareholders, while JPPS.DE's dividend yield for the trailing twelve months is around 4.04%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
JEST.DE JPM EUR Ultra-Short Income Active UCITS ETF EUR Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
JPPS.DE JPM USD Ultra-Short Income Active UCITS ETF USD Dist | 4.04% | 4.47% | 5.12% | 4.54% | 1.19% | 0.64% | 2.07% | 2.65% | 1.77% |
Frequently Asked Questions
JEST.DE and JPPS.DE have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.18% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
JEST.DE and JPPS.DE have the same expense ratio: 0.18% per year.
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