JPBM.DE vs. 3SUD.DE
JPBM.DE (JPMorgan USD Emerging Markets Sovereign Bond UCITS ETF - USD (Dist)) and 3SUD.DE (iShares J.P. Morgan USD EM Bond UCITS ETF Acc) are both Emerging Markets Bonds funds - JPBM.DE tracks the JPM EMBI Global Diversified TR USD while 3SUD.DE tracks the JP Morgan EMBI Global Core (EUR Hedged). Both are passively managed. Over the past 5 years, JPBM.DE returned 1.94%/yr vs -0.52%/yr for 3SUD.DE. At a 0.45 correlation, their price movements are largely independent. JPBM.DE charges 0.39%/yr vs 0.50%/yr for 3SUD.DE.
Performance
JPBM.DE vs. 3SUD.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, JPBM.DE achieves a 4.40% return, which is significantly higher than 3SUD.DE's 0.76% return.
JPBM.DE
- 1D
- -0.08%
- 1M
- 0.64%
- 6M
- 3.84%
- YTD
- 4.40%
- 1Y
- 11.06%
- 3Y*
- 6.59%
- 5Y*
- 1.94%
- 10Y*
- —
3SUD.DE
- 1D
- -0.19%
- 1M
- -0.94%
- 6M
- 1.15%
- YTD
- 0.76%
- 1Y
- 7.52%
- 3Y*
- 6.49%
- 5Y*
- -0.52%
- 10Y*
- —
JPBM.DE vs. 3SUD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
JPBM.DE JPMorgan USD Emerging Markets Sovereign Bond UCITS ETF - USD (Dist) | 4.40% | 0.87% | 7.74% | 5.71% | -10.77% | 5.50% | -4.06% | 10.25% |
3SUD.DE iShares J.P. Morgan USD EM Bond UCITS ETF Acc | 0.76% | 11.46% | 3.74% | 7.58% | -20.68% | -3.62% | 3.56% | 6.39% |
Correlation
The correlation between JPBM.DE and 3SUD.DE is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.39 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Apr 26, 2019 | 0.45 |
The correlation between JPBM.DE and 3SUD.DE shifts across timeframes, from 0.27 (1 year) to 0.47 (5 years), 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
JPBM.DE vs. 3SUD.DE — Risk / Return Rank
JPBM.DE
3SUD.DE
JPBM.DE vs. 3SUD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan USD Emerging Markets Sovereign Bond UCITS ETF - USD (Dist) (JPBM.DE) and iShares J.P. Morgan USD EM Bond UCITS ETF Acc (3SUD.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.
| JPBM.DE | 3SUD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.70 | ||
| Sortino ratioReturn per unit of downside risk | +0.99 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.24 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 3.59 | 1.54 | +2.06 |
| Martin ratioReturn relative to average drawdown | 10.32 | 6.44 | +3.88 |
Loading charts...
Drawdowns
JPBM.DE vs. 3SUD.DE - Drawdown Comparison
The maximum JPBM.DE drawdown since its inception was -25.94%, smaller than the maximum 3SUD.DE drawdown of -30.80%. Use the drawdown chart below to compare losses from any high point for JPBM.DE and 3SUD.DE.
Loading charts...
Drawdown Indicators
| JPBM.DE | 3SUD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.94% | -30.80% | +4.86% |
Max Drawdown (1Y)Largest decline over 1 year | -3.07% | -4.88% | +1.81% |
Max Drawdown (3Y)Largest decline over 3 years | -12.49% | -7.73% | -4.76% |
Max Drawdown (5Y)Largest decline over 5 years | -14.10% | -30.55% | +16.45% |
Current DrawdownCurrent decline from peak | -1.44% | -4.17% | +2.73% |
Average DrawdownAverage peak-to-trough decline | -9.22% | -11.05% | +1.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.07% | 1.17% | -0.10% |
Volatility
JPBM.DE vs. 3SUD.DE - Volatility Comparison
JPMorgan USD Emerging Markets Sovereign Bond UCITS ETF - USD (Dist) (JPBM.DE) has a higher volatility of 1.67% compared to iShares J.P. Morgan USD EM Bond UCITS ETF Acc (3SUD.DE) at 1.24%. This indicates that JPBM.DE's price experiences larger fluctuations and is considered to be riskier than 3SUD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JPBM.DE | 3SUD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.67% | 1.24% | +0.43% |
Volatility (6M)Calculated over the trailing 6-month period | 4.03% | 5.68% | -1.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.91% | 6.39% | -0.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.48% | 9.03% | -0.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.85% | 10.57% | +4.28% |
JPBM.DE vs. 3SUD.DE - Expense Ratio Comparison
JPBM.DE has a 0.39% expense ratio, which is lower than 3SUD.DE's 0.50% expense ratio.
Dividends
JPBM.DE vs. 3SUD.DE - Dividend Comparison
JPBM.DE's dividend yield for the trailing twelve months is around 5.80%, while 3SUD.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
3SUD.DE iShares J.P. Morgan USD EM Bond UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
JPBM.DE JPMorgan USD Emerging Markets Sovereign Bond UCITS ETF - USD (Dist) | 5.80% | 6.24% | 5.67% | 5.42% | 5.58% | 3.96% | 4.40% | 4.40% | 4.04% |
Frequently Asked Questions
JPBM.DE and 3SUD.DE have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JPBM.DE is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JPBM.DE is cheaper with a 0.39% expense ratio, compared with 0.50% for 3SUD.DE.
JPBM.DE tracks JPM EMBI Global Diversified TR USD, while 3SUD.DE tracks JP Morgan EMBI Global Core (EUR Hedged). They also come from different issuers: JPMorgan and iShares. Their fees differ too: 0.39% for JPBM.DE and 0.50% for 3SUD.DE.
Find the right allocation for JPBM.DE and 3SUD.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