JG15.L vs. JREG.L
JG15.L (JPMorgan BetaBuilders UK Gilt 1-5 UCITS ETF - GBP (Dist)) and JREG.L (JPMorgan Global Research Enhanced Index Equity UCITS ETF - USD (acc)) are both exchange-traded funds - JG15.L is a European Government Bonds fund tracking the FTSE Act UK Cnvt Gilts All Stocks TR GBP, while JREG.L is a Global Equities fund tracking the MSCI ACWI NR USD. Both are passively managed. Over the past 5 years, JG15.L returned 0.78%/yr vs 13.31%/yr for JREG.L. At a 0.02 correlation, their price movements are largely independent. JG15.L charges 0.07%/yr vs 0.25%/yr for JREG.L.
Performance
JG15.L vs. JREG.L - Performance Comparison
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Different Trading Currencies
JG15.L is traded in GBP, while JREG.L is traded in USD. To make them comparable, the JREG.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, JG15.L achieves a 0.04% return, which is significantly lower than JREG.L's 9.88% return.
JG15.L
- 1D
- -0.16%
- 1M
- 0.28%
- YTD
- 0.04%
- 6M
- 0.38%
- 1Y
- 2.83%
- 3Y*
- 3.95%
- 5Y*
- 0.78%
- 10Y*
- —
JREG.L
- 1D
- 0.14%
- 1M
- 4.54%
- YTD
- 9.88%
- 6M
- 9.92%
- 1Y
- 26.47%
- 3Y*
- 17.17%
- 5Y*
- 13.31%
- 10Y*
- —
JG15.L vs. JREG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
JG15.L JPMorgan BetaBuilders UK Gilt 1-5 UCITS ETF - GBP (Dist) | 0.04% | 5.58% | 1.79% | 3.85% | -5.75% | -1.91% | 1.86% | 1.33% | 0.62% |
JREG.L JPMorgan Global Research Enhanced Index Equity UCITS ETF - USD (acc) | 9.84% | 11.22% | 20.75% | 19.41% | -7.92% | 25.50% | 13.77% | 23.08% | -6.00% |
Correlation
The correlation between JG15.L and JREG.L is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Oct 17, 2018 | 0.02 |
Over the past year, JG15.L and JREG.L have become more correlated (0.29) than their long-term average of 0.02, meaning their price movements have been converging.
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Return for Risk
JG15.L vs. JREG.L — Risk / Return Rank
JG15.L
JREG.L
JG15.L vs. JREG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders UK Gilt 1-5 UCITS ETF - GBP (Dist) (JG15.L) and JPMorgan Global Research Enhanced Index Equity UCITS ETF - USD (acc) (JREG.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.
| JG15.L | JREG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.09 | ||
| Sortino ratioReturn per unit of downside risk | -1.43 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.42 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 1.17 | 4.05 | -2.87 |
| Martin ratioReturn relative to average drawdown | 3.72 | 15.89 | -12.16 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| JG15.L | JREG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.19 | 2.28 | -1.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.26 | 0.92 | -0.67 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 0.86 | -0.51 |
Drawdowns
JG15.L vs. JREG.L - Drawdown Comparison
The maximum JG15.L drawdown since its inception was -11.35%, smaller than the maximum JREG.L drawdown of -25.88%. Use the drawdown chart below to compare losses from any high point for JG15.L and JREG.L.
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Drawdown Indicators
| JG15.L | JREG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.35% | -25.88% | +14.53% |
Max Drawdown (1Y)Largest decline over 1 year | -2.35% | -6.51% | +4.16% |
Max Drawdown (3Y)Largest decline over 3 years | -2.35% | -18.75% | +16.40% |
Max Drawdown (5Y)Largest decline over 5 years | -10.68% | -18.75% | +8.07% |
Current DrawdownCurrent decline from peak | -1.13% | -0.18% | -0.95% |
Average DrawdownAverage peak-to-trough decline | -2.42% | -3.17% | +0.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.74% | 1.66% | -0.92% |
Volatility
JG15.L vs. JREG.L - Volatility Comparison
The current volatility for JPMorgan BetaBuilders UK Gilt 1-5 UCITS ETF - GBP (Dist) (JG15.L) is 0.97%, while JPMorgan Global Research Enhanced Index Equity UCITS ETF - USD (acc) (JREG.L) has a volatility of 3.26%. This indicates that JG15.L experiences smaller price fluctuations and is considered to be less risky than JREG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JG15.L | JREG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.97% | 3.26% | -2.29% |
Volatility (6M)Calculated over the trailing 6-month period | 2.07% | 8.75% | -6.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.32% | 11.57% | -9.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.05% | 14.39% | -11.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.55% | 16.18% | -13.63% |
JG15.L vs. JREG.L - Expense Ratio Comparison
JG15.L has a 0.07% expense ratio, which is lower than JREG.L's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
JG15.L vs. JREG.L - Dividend Comparison
JG15.L's dividend yield for the trailing twelve months is around 3.87%, while JREG.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
JG15.L JPMorgan BetaBuilders UK Gilt 1-5 UCITS ETF - GBP (Dist) | 3.87% | 3.71% | 3.44% | 2.28% | 0.68% | 0.12% | 0.34% | 0.91% | 0.35% |
JREG.L JPMorgan Global Research Enhanced Index Equity UCITS ETF - USD (acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
JG15.L and JREG.L have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JG15.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JG15.L is cheaper with a 0.07% expense ratio, compared with 0.25% for JREG.L.
JG15.L is categorized as European Government Bonds, while JREG.L is Global Equities. JG15.L tracks FTSE Act UK Cnvt Gilts All Stocks TR GBP, while JREG.L tracks MSCI ACWI NR USD. Their fees differ too: 0.07% for JG15.L and 0.25% for JREG.L.
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