JMBE.DE vs. LYQS.DE
JMBE.DE (JPMorgan USD Emerging Markets Sovereign Bond UCITS ETF - EUR Hedged (acc)) and LYQS.DE (Amundi USD Emerging Markets Government Bond UCITS ETF (Dist)) are both Emerging Markets Bonds funds - JMBE.DE tracks the JPM EMBI Global Diversified Hedge TR EUR while LYQS.DE tracks the J.P. Morgan EMBI Global Diversified Select Index. Both are passively managed. Over the past 5 years, JMBE.DE returned -0.88%/yr vs 1.45%/yr for LYQS.DE. At a 0.49 correlation, their price movements are largely independent. JMBE.DE charges 0.39%/yr vs 0.25%/yr for LYQS.DE.
Performance
JMBE.DE vs. LYQS.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, JMBE.DE achieves a 0.54% return, which is significantly lower than LYQS.DE's 4.68% return.
JMBE.DE
- 1D
- 0.02%
- 1M
- -0.85%
- 6M
- 0.94%
- YTD
- 0.54%
- 1Y
- 7.24%
- 3Y*
- 5.10%
- 5Y*
- -0.88%
- 10Y*
- —
LYQS.DE
- 1D
- 0.06%
- 1M
- 0.64%
- 6M
- 4.04%
- YTD
- 4.68%
- 1Y
- 11.26%
- 3Y*
- 6.19%
- 5Y*
- 1.45%
- 10Y*
- 1.35%
JMBE.DE vs. LYQS.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
JMBE.DE JPMorgan USD Emerging Markets Sovereign Bond UCITS ETF - EUR Hedged (acc) | 0.54% | 11.00% | 0.03% | 7.02% | -18.34% | -3.60% | 3.18% | 15.07% | 0.07% |
LYQS.DE Amundi USD Emerging Markets Government Bond UCITS ETF (Dist) | 4.68% | 0.04% | 6.43% | 5.45% | -11.25% | 5.76% | -5.23% | 17.03% | 2.33% |
Correlation
The correlation between JMBE.DE and LYQS.DE is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Oct 10, 2018 | 0.49 |
The correlation between JMBE.DE and LYQS.DE shifts across timeframes, from 0.32 (1 year) to 0.49 (all time), reflecting how their relationship changes across market environments.
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
JMBE.DE vs. LYQS.DE — Risk / Return Rank
JMBE.DE
LYQS.DE
JMBE.DE vs. LYQS.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan USD Emerging Markets Sovereign Bond UCITS ETF - EUR Hedged (acc) (JMBE.DE) and Amundi USD Emerging Markets Government Bond UCITS ETF (Dist) (LYQS.DE). 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.
| JMBE.DE | LYQS.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.58 | ||
| Sortino ratioReturn per unit of downside risk | -0.78 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.36 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 1.52 | 4.01 | -2.48 |
| Martin ratioReturn relative to average drawdown | 6.03 | 12.39 | -6.36 |
Loading charts...
Drawdowns
JMBE.DE vs. LYQS.DE - Drawdown Comparison
The maximum JMBE.DE drawdown since its inception was -28.18%, smaller than the maximum LYQS.DE drawdown of -33.51%. Use the drawdown chart below to compare losses from any high point for JMBE.DE and LYQS.DE.
Loading charts...
Drawdown Indicators
| JMBE.DE | LYQS.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.18% | -33.51% | +5.33% |
Max Drawdown (1Y)Largest decline over 1 year | -4.73% | -2.80% | -1.93% |
Max Drawdown (3Y)Largest decline over 3 years | -7.78% | -12.78% | +5.00% |
Max Drawdown (5Y)Largest decline over 5 years | -27.72% | -16.18% | -11.54% |
Max Drawdown (10Y)Largest decline over 10 years | — | -25.61% | — |
Current DrawdownCurrent decline from peak | -6.01% | -1.53% | -4.48% |
Average DrawdownAverage peak-to-trough decline | -10.31% | -12.90% | +2.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.20% | 0.91% | +0.29% |
Volatility
JMBE.DE vs. LYQS.DE - Volatility Comparison
The current volatility for JPMorgan USD Emerging Markets Sovereign Bond UCITS ETF - EUR Hedged (acc) (JMBE.DE) is 1.07%, while Amundi USD Emerging Markets Government Bond UCITS ETF (Dist) (LYQS.DE) has a volatility of 1.49%. This indicates that JMBE.DE experiences smaller price fluctuations and is considered to be less risky than LYQS.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JMBE.DE | LYQS.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.07% | 1.49% | -0.42% |
Volatility (6M)Calculated over the trailing 6-month period | 4.64% | 4.00% | +0.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.51% | 5.95% | -0.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.55% | 9.62% | -1.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.60% | 17.02% | -7.42% |
JMBE.DE vs. LYQS.DE - Expense Ratio Comparison
JMBE.DE has a 0.39% expense ratio, which is higher than LYQS.DE's 0.25% expense ratio.
Dividends
JMBE.DE vs. LYQS.DE - Dividend Comparison
JMBE.DE has not paid dividends to shareholders, while LYQS.DE's dividend yield for the trailing twelve months is around 5.12%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JMBE.DE JPMorgan USD Emerging Markets Sovereign Bond UCITS ETF - EUR Hedged (acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LYQS.DE Amundi USD Emerging Markets Government Bond UCITS ETF (Dist) | 5.12% | 5.36% | 3.57% | 6.06% | 6.00% | 4.33% | 4.48% | 5.10% | 5.08% | 5.40% | 5.15% | 6.61% |
Frequently Asked Questions
JMBE.DE and LYQS.DE have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LYQS.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LYQS.DE is cheaper with a 0.25% expense ratio, compared with 0.39% for JMBE.DE.
JMBE.DE tracks JPM EMBI Global Diversified Hedge TR EUR, while LYQS.DE tracks J.P. Morgan EMBI Global Diversified Select Index. They also come from different issuers: JPMorgan and Amundi. Their fees differ too: 0.39% for JMBE.DE and 0.25% for LYQS.DE.
Find the right allocation for JMBE.DE and LYQS.DE
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