JMBA.L vs. JEQP.L
JMBA.L (JPMorgan ETFs (Ireland) ICAV - USD Emerging Markets Sovereign Bond UCITS ETF USD (acc)) and JEQP.L (JPM Nasdaq Equity Premium Income Active UCITS ETF USD Dist GBP) are both exchange-traded funds - JMBA.L is a Global Bonds fund tracking the JPMorgan ETFs (Ireland) ICAV - USD Emerging Markets Sovereign Bond UCITS ETF USD (acc), while JEQP.L is a Nasdaq-100 fund actively managed by JPMorgan. JMBA.L is passively managed, while JEQP.L is actively managed. Over the past year, JMBA.L returned 9.48% vs 22.84% for JEQP.L. At a 0.40 correlation, their price movements are largely independent. JMBA.L charges 0.39%/yr vs 0.35%/yr for JEQP.L.
Performance
JMBA.L vs. JEQP.L - Performance Comparison
Loading charts...
Different Trading Currencies
JMBA.L is traded in USD, while JEQP.L is traded in GBp. To make them comparable, the JEQP.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, JMBA.L achieves a 1.60% return, which is significantly lower than JEQP.L's 9.24% return.
JMBA.L
- 1D
- 0.03%
- 1M
- -0.86%
- 6M
- 1.96%
- YTD
- 1.60%
- 1Y
- 9.48%
- 3Y*
- 7.23%
- 5Y*
- 1.31%
- 10Y*
- —
JEQP.L
- 1D
- 0.00%
- 1M
- -0.15%
- 6M
- 9.11%
- YTD
- 9.24%
- 1Y
- 22.84%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JMBA.L vs. JEQP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
JMBA.L JPMorgan ETFs (Ireland) ICAV - USD Emerging Markets Sovereign Bond UCITS ETF USD (acc) | 1.60% | 13.26% | -1.21% |
JEQP.L JPM Nasdaq Equity Premium Income Active UCITS ETF USD Dist GBP | 9.24% | 14.92% | -19.96% |
Correlation
The correlation between JMBA.L and JEQP.L is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Oct 29, 2024 | 0.40 |
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
JMBA.L vs. JEQP.L — Risk / Return Rank
JMBA.L
JEQP.L
JMBA.L vs. JEQP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan ETFs (Ireland) ICAV - USD Emerging Markets Sovereign Bond UCITS ETF USD (acc) (JMBA.L) and JPM Nasdaq Equity Premium Income Active UCITS ETF USD Dist GBP (JEQP.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.
| JMBA.L | JEQP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.08 | ||
| Sortino ratioReturn per unit of downside risk | +0.44 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.33 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.15 | 2.66 | -0.51 |
| Martin ratioReturn relative to average drawdown | 9.04 | 11.23 | -2.19 |
Loading charts...
Drawdowns
JMBA.L vs. JEQP.L - Drawdown Comparison
The maximum JMBA.L drawdown since its inception was -26.75%, smaller than the maximum JEQP.L drawdown of -99.03%. Use the drawdown chart below to compare losses from any high point for JMBA.L and JEQP.L.
Loading charts...
Drawdown Indicators
| JMBA.L | JEQP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.75% | -99.03% | +72.28% |
Max Drawdown (1Y)Largest decline over 1 year | -4.39% | -8.61% | +4.22% |
Max Drawdown (3Y)Largest decline over 3 years | -7.30% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -25.91% | — | — |
Current DrawdownCurrent decline from peak | -0.86% | -0.93% | +0.07% |
Average DrawdownAverage peak-to-trough decline | -8.30% | -14.46% | +6.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.05% | 2.04% | -0.99% |
Volatility
JMBA.L vs. JEQP.L - Volatility Comparison
The current volatility for JPMorgan ETFs (Ireland) ICAV - USD Emerging Markets Sovereign Bond UCITS ETF USD (acc) (JMBA.L) is 0.76%, while JPM Nasdaq Equity Premium Income Active UCITS ETF USD Dist GBP (JEQP.L) has a volatility of 5.25%. This indicates that JMBA.L experiences smaller price fluctuations and is considered to be less risky than JEQP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JMBA.L | JEQP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.76% | 5.25% | -4.49% |
Volatility (6M)Calculated over the trailing 6-month period | 4.38% | 10.34% | -5.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.21% | 13.23% | -8.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.44% | 5,938.19% | -5,929.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.54% | 5,938.19% | -5,927.65% |
JMBA.L vs. JEQP.L - Expense Ratio Comparison
JMBA.L has a 0.39% expense ratio, which is higher than JEQP.L's 0.35% expense ratio.
Dividends
JMBA.L vs. JEQP.L - Dividend Comparison
JMBA.L has not paid dividends to shareholders, while JEQP.L's dividend yield for the trailing twelve months is around 10.07%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
JEQP.L JPM Nasdaq Equity Premium Income Active UCITS ETF USD Dist GBP | 10.07% | 10.25% | 0.73% |
JMBA.L JPMorgan ETFs (Ireland) ICAV - USD Emerging Markets Sovereign Bond UCITS ETF USD (acc) | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
JMBA.L and JEQP.L have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JEQP.L is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JEQP.L is cheaper with a 0.35% expense ratio, compared with 0.39% for JMBA.L.
JMBA.L is categorized as Global Bonds, while JEQP.L is Nasdaq-100. Their fees differ too: 0.39% for JMBA.L and 0.35% for JEQP.L.
Find the right allocation for JMBA.L and JEQP.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