JMRE.L vs. EMIM.L
Compare and contrast key facts about JPMorgan Global Emerging Markets Research Enhanced Index Equity (ESG) UCITS ETF USD (acc) (JMRE.L) and iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (EMIM.L).
JMRE.L and EMIM.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JMRE.L is a passively managed fund by JPMorgan that tracks the performance of the MSCI EM NR USD. It was launched on Dec 6, 2018. EMIM.L is a passively managed fund by iShares that tracks the performance of the MSCI EM NR USD. It was launched on May 30, 2014. Both JMRE.L and EMIM.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: JMRE.L or EMIM.L.
Key characteristics
| JMRE.L | EMIM.L | |
|---|---|---|
| YTD Return | 4.09% | 5.81% |
| 1Y Return | 5.63% | 8.55% |
| 3Y Return (Ann) | -2.20% | -0.05% |
| 5Y Return (Ann) | 2.23% | 3.69% |
| Sharpe Ratio | 0.12 | 0.73 |
| Daily Std Dev | 48.86% | 12.48% |
| Max Drawdown | -31.64% | -31.70% |
| Current Drawdown | -18.97% | -8.75% |
Correlation
The correlation between JMRE.L and EMIM.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
JMRE.L vs. EMIM.L - Performance Comparison
In the year-to-date period, JMRE.L achieves a 4.09% return, which is significantly lower than EMIM.L's 5.81% 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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JMRE.L vs. EMIM.L - Expense Ratio Comparison
JMRE.L has a 0.30% expense ratio, which is higher than EMIM.L's 0.18% expense ratio.
Risk-Adjusted Performance
JMRE.L vs. EMIM.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Global Emerging Markets Research Enhanced Index Equity (ESG) UCITS ETF USD (acc) (JMRE.L) and iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (EMIM.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
JMRE.L vs. EMIM.L - Dividend Comparison
Neither JMRE.L nor EMIM.L has paid dividends to shareholders.
Drawdowns
JMRE.L vs. EMIM.L - Drawdown Comparison
The maximum JMRE.L drawdown since its inception was -31.64%, roughly equal to the maximum EMIM.L drawdown of -31.70%. Use the drawdown chart below to compare losses from any high point for JMRE.L and EMIM.L. For additional features, visit the drawdowns tool.
Volatility
JMRE.L vs. EMIM.L - Volatility Comparison
JPMorgan Global Emerging Markets Research Enhanced Index Equity (ESG) UCITS ETF USD (acc) (JMRE.L) and iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (EMIM.L) have volatilities of 4.16% and 4.14%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.