JGEP.L vs. XDEV.L
JGEP.L (JPMorgan ETFs (Ireland) ICAV - Global Research Enhanced Index Equity Active UCITS ETF - GBP Hedged () and XDEV.L (Xtrackers MSCI World Value Factor UCITS ETF 1C) are both Global Equities funds. JGEP.L is actively managed, while XDEV.L is passively managed. Over the past 3 years, JGEP.L returned 18.83%/yr vs 25.49%/yr for XDEV.L. A 0.66 correlation means they provide meaningful diversification when combined. Both charge a 0.25% expense ratio.
Performance
JGEP.L vs. XDEV.L - Performance Comparison
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Returns By Period
In the year-to-date period, JGEP.L achieves a 10.38% return, which is significantly lower than XDEV.L's 29.58% return.
JGEP.L
- 1D
- -0.17%
- 1M
- 0.49%
- 6M
- 9.30%
- YTD
- 10.38%
- 1Y
- 22.06%
- 3Y*
- 18.83%
- 5Y*
- —
- 10Y*
- —
XDEV.L
- 1D
- -2.22%
- 1M
- -4.46%
- 6M
- 25.56%
- YTD
- 29.58%
- 1Y
- 56.03%
- 3Y*
- 25.49%
- 5Y*
- 17.13%
- 10Y*
- 11.93%
JGEP.L vs. XDEV.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% |
XDEV.L Xtrackers MSCI World Value Factor UCITS ETF 1C | 29.58% | 30.51% | 6.79% | 13.25% | 1.01% | 0.24% |
Correlation
The correlation between JGEP.L and XDEV.L is 0.68, 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 | 0.68 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.66 |
Correlation (All Time) Calculated using the full available price history since Dec 8, 2021 | 0.66 |
The correlation between JGEP.L and XDEV.L has been stable across timeframes, ranging from 0.66 to 0.68 - a consistent structural relationship.
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Return for Risk
JGEP.L vs. XDEV.L — Risk / Return Rank
JGEP.L
XDEV.L
JGEP.L vs. XDEV.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 Xtrackers MSCI World Value Factor UCITS ETF 1C (XDEV.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 | XDEV.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.75 | ||
| Sortino ratioReturn per unit of downside risk | -2.04 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.68 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | 2.92 | 8.06 | -5.14 |
| Martin ratioReturn relative to average drawdown | 12.41 | 26.50 | -14.09 |
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Drawdowns
JGEP.L vs. XDEV.L - Drawdown Comparison
The maximum JGEP.L drawdown since its inception was -22.38%, smaller than the maximum XDEV.L drawdown of -45.89%. Use the drawdown chart below to compare losses from any high point for JGEP.L and XDEV.L.
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Drawdown Indicators
| JGEP.L | XDEV.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.38% | -45.89% | +23.51% |
Max Drawdown (1Y)Largest decline over 1 year | -7.74% | -6.92% | -0.82% |
Max Drawdown (3Y)Largest decline over 3 years | -17.66% | -19.90% | +2.24% |
Max Drawdown (5Y)Largest decline over 5 years | — | -19.90% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.20% | — |
Current DrawdownCurrent decline from peak | -0.17% | -5.91% | +5.74% |
Average DrawdownAverage peak-to-trough decline | -5.26% | -15.27% | +10.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.83% | 2.11% | -0.28% |
Volatility
JGEP.L vs. XDEV.L - Volatility Comparison
The current volatility for JPMorgan ETFs (Ireland) ICAV - Global Research Enhanced Index Equity Active UCITS ETF - GBP Hedged ( (JGEP.L) is 2.61%, while Xtrackers MSCI World Value Factor UCITS ETF 1C (XDEV.L) has a volatility of 6.07%. This indicates that JGEP.L experiences smaller price fluctuations and is considered to be less risky than XDEV.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JGEP.L | XDEV.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.61% | 6.07% | -3.46% |
Volatility (6M)Calculated over the trailing 6-month period | 9.04% | 13.08% | -4.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.52% | 15.01% | -3.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.49% | 19.12% | -3.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.49% | 21.02% | -5.53% |
JGEP.L vs. XDEV.L - Expense Ratio Comparison
Both JGEP.L and XDEV.L have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
JGEP.L vs. XDEV.L - Dividend Comparison
Neither JGEP.L nor XDEV.L has paid dividends to shareholders.
Frequently Asked Questions
JGEP.L and XDEV.L have a correlation of 0.68, 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 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
JGEP.L and XDEV.L have the same expense ratio: 0.25% per year.
They also come from different issuers: JPMorgan and DWS.
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