JGEP.L vs. JPLG.L
JGEP.L (JPMorgan ETFs (Ireland) ICAV - Global Research Enhanced Index Equity Active UCITS ETF - GBP Hedged () and JPLG.L (JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating) are both Global Equities funds from JPMorgan. JGEP.L is actively managed, while JPLG.L is passively managed. Over the past 3 years, JGEP.L returned 18.83%/yr vs 14.27%/yr for JPLG.L. A 0.62 correlation means they provide meaningful diversification when combined. JGEP.L charges 0.25%/yr vs 0.20%/yr for JPLG.L.
Performance
JGEP.L vs. JPLG.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, JGEP.L achieves a 10.38% return, which is significantly lower than JPLG.L's 11.63% return.
JGEP.L
- 1D
- -0.17%
- 1M
- 0.49%
- 6M
- 9.30%
- YTD
- 10.38%
- 1Y
- 22.06%
- 3Y*
- 18.83%
- 5Y*
- —
- 10Y*
- —
JPLG.L
- 1D
- -0.96%
- 1M
- -0.36%
- 6M
- 9.08%
- YTD
- 11.63%
- 1Y
- 20.46%
- 3Y*
- 14.27%
- 5Y*
- 10.14%
- 10Y*
- —
JGEP.L vs. JPLG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
JGEP.L JPMorgan ETFs (Ireland) ICAV - Global Research Enhanced Index Equity Active UCITS ETF - GBP Hedged ( | 10.38% | 17.65% | 20.96% | 24.74% | -17.30% | 1.73% |
JPLG.L JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating | 11.63% | 10.11% | 12.09% | 7.05% | 0.72% | 0.53% |
Correlation
The correlation between JGEP.L and JPLG.L is 0.52, 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 | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Dec 8, 2021 | 0.62 |
The correlation between JGEP.L and JPLG.L has been stable across timeframes, ranging from 0.52 to 0.62 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
JGEP.L vs. JPLG.L — Risk / Return Rank
JGEP.L
JPLG.L
JGEP.L vs. JPLG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan ETFs (Ireland) ICAV - Global Research Enhanced Index Equity Active UCITS ETF - GBP Hedged ( (JGEP.L) and JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating (JPLG.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.
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.
| JGEP.L | JPLG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.58 | ||
| Sortino ratioReturn per unit of downside risk | -0.56 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.45 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.92 | 3.65 | -0.73 |
| Martin ratioReturn relative to average drawdown | 12.41 | 13.44 | -1.03 |
Loading charts...
Drawdowns
JGEP.L vs. JPLG.L - Drawdown Comparison
The maximum JGEP.L drawdown since its inception was -22.38%, smaller than the maximum JPLG.L drawdown of -27.53%. Use the drawdown chart below to compare losses from any high point for JGEP.L and JPLG.L.
Loading charts...
Drawdown Indicators
| JGEP.L | JPLG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.38% | -27.53% | +5.15% |
Max Drawdown (1Y)Largest decline over 1 year | -7.74% | -5.59% | -2.15% |
Max Drawdown (3Y)Largest decline over 3 years | -17.66% | -13.65% | -4.01% |
Max Drawdown (5Y)Largest decline over 5 years | — | -13.65% | — |
Current DrawdownCurrent decline from peak | -0.17% | -1.95% | +1.78% |
Average DrawdownAverage peak-to-trough decline | -5.26% | -3.25% | -2.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.83% | 1.52% | +0.31% |
Volatility
JGEP.L vs. JPLG.L - Volatility Comparison
JPMorgan ETFs (Ireland) ICAV - Global Research Enhanced Index Equity Active UCITS ETF - GBP Hedged ( (JGEP.L) has a higher volatility of 2.61% compared to JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating (JPLG.L) at 2.28%. This indicates that JGEP.L's price experiences larger fluctuations and is considered to be riskier than JPLG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JGEP.L | JPLG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.61% | 2.28% | +0.33% |
Volatility (6M)Calculated over the trailing 6-month period | 9.04% | 6.13% | +2.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.52% | 8.01% | +3.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.49% | 10.91% | +4.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.49% | 13.67% | +1.82% |
JGEP.L vs. JPLG.L - Expense Ratio Comparison
JGEP.L has a 0.25% expense ratio, which is higher than JPLG.L's 0.20% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
JGEP.L vs. JPLG.L - Dividend Comparison
Neither JGEP.L nor JPLG.L has paid dividends to shareholders.
Frequently Asked Questions
JGEP.L and JPLG.L have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JPLG.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JPLG.L is cheaper with a 0.20% expense ratio, compared with 0.25% for JGEP.L.
Their fees differ too: 0.25% for JGEP.L and 0.20% for JPLG.L.
Find the right allocation for JGEP.L and JPLG.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer