JGRE.L vs. XDEQ.L
Compare and contrast key facts about JPMorgan Global Research Enhanced Index Equity UCITS ETF - USD (acc) (JGRE.L) and Xtrackers MSCI World Quality Factor UCITS ETF 1C (XDEQ.L).
JGRE.L and XDEQ.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JGRE.L is a passively managed fund by JPMorgan that tracks the performance of the MSCI ACWI NR USD. It was launched on Oct 10, 2018. XDEQ.L is a passively managed fund by Xtrackers that tracks the performance of the MSCI ACWI NR USD. It was launched on Sep 11, 2014. Both JGRE.L and XDEQ.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JGRE.L or XDEQ.L.
Key characteristics
| JGRE.L | XDEQ.L | |
|---|---|---|
| YTD Return | 12.86% | 14.41% |
| 1Y Return | 19.66% | 22.00% |
| 3Y Return (Ann) | 9.57% | 8.88% |
| 5Y Return (Ann) | 12.72% | 12.21% |
| Sharpe Ratio | 1.87 | 1.96 |
| Daily Std Dev | 10.23% | 10.93% |
| Max Drawdown | -25.31% | -23.79% |
| Current Drawdown | -1.43% | -1.50% |
Correlation
The correlation between JGRE.L and XDEQ.L is 0.98, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
JGRE.L vs. XDEQ.L - Performance Comparison
In the year-to-date period, JGRE.L achieves a 12.86% return, which is significantly lower than XDEQ.L's 14.41% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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JGRE.L vs. XDEQ.L - Expense Ratio Comparison
Both JGRE.L and XDEQ.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%.
Risk-Adjusted Performance
JGRE.L vs. XDEQ.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Global Research Enhanced Index Equity UCITS ETF - USD (acc) (JGRE.L) and Xtrackers MSCI World Quality Factor UCITS ETF 1C (XDEQ.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.
Dividends
JGRE.L vs. XDEQ.L - Dividend Comparison
Neither JGRE.L nor XDEQ.L has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
JGRE.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% | 0.00% | 0.00% |
XDEQ.L Xtrackers MSCI World Quality Factor UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.51% |
Drawdowns
JGRE.L vs. XDEQ.L - Drawdown Comparison
The maximum JGRE.L drawdown since its inception was -25.31%, which is greater than XDEQ.L's maximum drawdown of -23.79%. Use the drawdown chart below to compare losses from any high point for JGRE.L and XDEQ.L. For additional features, visit the drawdowns tool.
Volatility
JGRE.L vs. XDEQ.L - Volatility Comparison
JPMorgan Global Research Enhanced Index Equity UCITS ETF - USD (acc) (JGRE.L) has a higher volatility of 4.91% compared to Xtrackers MSCI World Quality Factor UCITS ETF 1C (XDEQ.L) at 4.35%. This indicates that JGRE.L's price experiences larger fluctuations and is considered to be riskier than XDEQ.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.