JMLP.DE vs. ASWC.DE
JMLP.DE (HANetf Alerian Midstream Energy Dividend UCITS ETF) and ASWC.DE (HANetf Future of Defence UCITS ETF Acc EUR) are both exchange-traded funds - JMLP.DE is a Energy Equities fund tracking the Alerian Midstream Energy Dividend, while ASWC.DE is a Aerospace & Defense fund tracking the EQM Future of Defence Index. Both are passively managed. Over the past year, JMLP.DE returned 24.53% vs 17.13% for ASWC.DE. At a 0.27 correlation, their price movements are largely independent. JMLP.DE charges 0.40%/yr vs 0.49%/yr for ASWC.DE.
Performance
JMLP.DE vs. ASWC.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, JMLP.DE achieves a 27.39% return, which is significantly higher than ASWC.DE's 13.04% return.
JMLP.DE
- 1D
- -1.02%
- 1M
- 0.18%
- YTD
- 27.39%
- 6M
- 24.82%
- 1Y
- 24.53%
- 3Y*
- 24.31%
- 5Y*
- 23.96%
- 10Y*
- —
ASWC.DE
- 1D
- -0.80%
- 1M
- 8.16%
- YTD
- 13.04%
- 6M
- 14.70%
- 1Y
- 17.13%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JMLP.DE vs. ASWC.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
JMLP.DE HANetf Alerian Midstream Energy Dividend UCITS ETF | 27.39% | -5.93% | 44.53% | 8.61% |
ASWC.DE HANetf Future of Defence UCITS ETF Acc EUR | 13.04% | 38.30% | 39.36% | 14.35% |
Correlation
The correlation between JMLP.DE and ASWC.DE is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Jul 5, 2023 | 0.27 |
The correlation between JMLP.DE and ASWC.DE shifts across timeframes, from 0.13 (1 year) to 0.27 (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
JMLP.DE vs. ASWC.DE — Risk / Return Rank
JMLP.DE
ASWC.DE
JMLP.DE vs. ASWC.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HANetf Alerian Midstream Energy Dividend UCITS ETF (JMLP.DE) and HANetf Future of Defence UCITS ETF Acc EUR (ASWC.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.
| JMLP.DE | ASWC.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.46 | ||
| Sortino ratioReturn per unit of downside risk | +0.51 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.16 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.22 | 1.36 | +0.86 |
| Martin ratioReturn relative to average drawdown | 6.04 | 3.10 | +2.94 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| JMLP.DE | ASWC.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.30 | 0.84 | +0.46 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.16 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.35 | 1.91 | -0.56 |
Drawdowns
JMLP.DE vs. ASWC.DE - Drawdown Comparison
The maximum JMLP.DE drawdown since its inception was -22.29%, which is greater than ASWC.DE's maximum drawdown of -12.58%. Use the drawdown chart below to compare losses from any high point for JMLP.DE and ASWC.DE.
Loading charts...
Drawdown Indicators
| JMLP.DE | ASWC.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.29% | -12.58% | -9.71% |
Max Drawdown (1Y)Largest decline over 1 year | -11.02% | -12.58% | +1.56% |
Max Drawdown (3Y)Largest decline over 3 years | -22.29% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -22.29% | — | — |
Current DrawdownCurrent decline from peak | -5.15% | -2.83% | -2.32% |
Average DrawdownAverage peak-to-trough decline | -5.87% | -2.47% | -3.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.05% | 5.51% | -1.46% |
Volatility
JMLP.DE vs. ASWC.DE - Volatility Comparison
HANetf Alerian Midstream Energy Dividend UCITS ETF (JMLP.DE) has a higher volatility of 6.65% compared to HANetf Future of Defence UCITS ETF Acc EUR (ASWC.DE) at 5.89%. This indicates that JMLP.DE's price experiences larger fluctuations and is considered to be riskier than ASWC.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JMLP.DE | ASWC.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.65% | 5.89% | +0.76% |
Volatility (6M)Calculated over the trailing 6-month period | 15.30% | 15.89% | -0.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.80% | 20.35% | -1.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.38% | 19.12% | +1.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.66% | 19.12% | +2.54% |
JMLP.DE vs. ASWC.DE - Expense Ratio Comparison
JMLP.DE has a 0.40% expense ratio, which is lower than ASWC.DE's 0.49% expense ratio.
Dividends
JMLP.DE vs. ASWC.DE - Dividend Comparison
JMLP.DE's dividend yield for the trailing twelve months is around 2.77%, while ASWC.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
ASWC.DE HANetf Future of Defence UCITS ETF Acc EUR | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
JMLP.DE HANetf Alerian Midstream Energy Dividend UCITS ETF | 2.77% | 3.38% | 5.41% | 11.39% | 11.27% | 14.07% | 8.95% |
Frequently Asked Questions
JMLP.DE and ASWC.DE have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JMLP.DE is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JMLP.DE is cheaper with a 0.40% expense ratio, compared with 0.49% for ASWC.DE.
JMLP.DE is categorized as Energy Equities, while ASWC.DE is Aerospace & Defense. JMLP.DE tracks Alerian Midstream Energy Dividend, while ASWC.DE tracks EQM Future of Defence Index. Their fees differ too: 0.40% for JMLP.DE and 0.49% for ASWC.DE.
Find the right allocation for JMLP.DE and ASWC.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