JPCT.DE vs. PABG.L
Compare and contrast key facts about JPMorgan Carbon Transition Global Equity UCITS ETF USD (acc) (JPCT.DE) and Lyxor Net Zero 2050 S&P Eurozone Climate PAB (DR) UCITS ETF - Acc (PABG.L).
JPCT.DE and PABG.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JPCT.DE is a passively managed fund by JPMorgan that tracks the performance of the Solactive JP Morgan Asset Management Carbon Transition Global Equity. It was launched on Nov 4, 2020. PABG.L is a passively managed fund by Amundi that tracks the performance of the MSCI EMU NR EUR. It was launched on Jul 6, 2020. Both JPCT.DE and PABG.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: JPCT.DE or PABG.L.
Key characteristics
| JPCT.DE | PABG.L | |
|---|---|---|
| YTD Return | 22.42% | 6.53% |
| 1Y Return | 29.77% | 14.05% |
| 3Y Return (Ann) | 9.19% | 2.58% |
| Sharpe Ratio | 2.66 | 1.22 |
| Sortino Ratio | 3.57 | 1.76 |
| Omega Ratio | 1.55 | 1.21 |
| Calmar Ratio | 3.39 | 1.85 |
| Martin Ratio | 15.93 | 5.52 |
| Ulcer Index | 1.80% | 2.68% |
| Daily Std Dev | 10.73% | 12.15% |
| Max Drawdown | -16.76% | -26.49% |
| Current Drawdown | 0.00% | -5.04% |
Correlation
The correlation between JPCT.DE and PABG.L is 0.81, 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
JPCT.DE vs. PABG.L - Performance Comparison
In the year-to-date period, JPCT.DE achieves a 22.42% return, which is significantly higher than PABG.L's 6.53% 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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JPCT.DE vs. PABG.L - Expense Ratio Comparison
JPCT.DE has a 0.19% expense ratio, which is lower than PABG.L's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
JPCT.DE vs. PABG.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Carbon Transition Global Equity UCITS ETF USD (acc) (JPCT.DE) and Lyxor Net Zero 2050 S&P Eurozone Climate PAB (DR) UCITS ETF - Acc (PABG.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
JPCT.DE vs. PABG.L - Dividend Comparison
Neither JPCT.DE nor PABG.L has paid dividends to shareholders.
Drawdowns
JPCT.DE vs. PABG.L - Drawdown Comparison
The maximum JPCT.DE drawdown since its inception was -16.76%, smaller than the maximum PABG.L drawdown of -26.49%. Use the drawdown chart below to compare losses from any high point for JPCT.DE and PABG.L. For additional features, visit the drawdowns tool.
Volatility
JPCT.DE vs. PABG.L - Volatility Comparison
The current volatility for JPMorgan Carbon Transition Global Equity UCITS ETF USD (acc) (JPCT.DE) is 3.04%, while Lyxor Net Zero 2050 S&P Eurozone Climate PAB (DR) UCITS ETF - Acc (PABG.L) has a volatility of 5.32%. This indicates that JPCT.DE experiences smaller price fluctuations and is considered to be less risky than PABG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.