JPCT.L vs. MVOL.L
JPCT.L (JPM Carbon Transition Global Equity (CTB) UCITS ETF USD (Acc)) and MVOL.L (iShares Edge MSCI World Minimum Volatility UCITS) are both Global Equities funds - JPCT.L tracks the Solactive J.P. Morgan Asset Management Carbon Transition Global Equity CTB Index while MVOL.L tracks the MSCI ACWI NR USD. Both are passively managed. Over the past 5 years, JPCT.L returned 10.20%/yr vs 5.10%/yr for MVOL.L. A 0.69 correlation means they provide meaningful diversification when combined. JPCT.L charges 0.19%/yr vs 0.35%/yr for MVOL.L.
Performance
JPCT.L vs. MVOL.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, JPCT.L achieves a 6.18% return, which is significantly higher than MVOL.L's 2.60% return.
JPCT.L
- 1D
- -1.27%
- 1M
- -0.36%
- 6M
- 4.66%
- YTD
- 6.18%
- 1Y
- 16.45%
- 3Y*
- 16.26%
- 5Y*
- 10.20%
- 10Y*
- —
MVOL.L
- 1D
- 0.65%
- 1M
- 1.99%
- 6M
- 2.88%
- YTD
- 2.60%
- 1Y
- 4.67%
- 3Y*
- 9.17%
- 5Y*
- 5.10%
- 10Y*
- 6.83%
JPCT.L vs. MVOL.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
JPCT.L JPM Carbon Transition Global Equity (CTB) UCITS ETF USD (Acc) | 6.18% | 19.79% | 17.53% | 23.63% | -18.49% | 23.68% | 10.79% |
MVOL.L iShares Edge MSCI World Minimum Volatility UCITS | 2.60% | 11.02% | 11.08% | 7.28% | -9.62% | 14.65% | 5.02% |
Correlation
The correlation between JPCT.L and MVOL.L is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.51 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.68 |
Correlation (All Time) Calculated using the full available price history since Nov 4, 2020 | 0.69 |
Over the past year, the correlation between JPCT.L and MVOL.L has dropped to 0.37 - well below their long-term average of 0.69, suggesting their price drivers have been diverging.
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
JPCT.L vs. MVOL.L — Risk / Return Rank
JPCT.L
MVOL.L
JPCT.L vs. MVOL.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPM Carbon Transition Global Equity (CTB) UCITS ETF USD (Acc) (JPCT.L) and iShares Edge MSCI World Minimum Volatility UCITS (MVOL.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.
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.
| JPCT.L | MVOL.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.65 | ||
| Sortino ratioReturn per unit of downside risk | +1.07 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.11 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 1.60 | 0.81 | +0.79 |
| Martin ratioReturn relative to average drawdown | 6.76 | 1.76 | +5.00 |
Loading charts...
Drawdowns
JPCT.L vs. MVOL.L - Drawdown Comparison
The maximum JPCT.L drawdown since its inception was -26.59%, smaller than the maximum MVOL.L drawdown of -28.82%. Use the drawdown chart below to compare losses from any high point for JPCT.L and MVOL.L.
Loading charts...
Drawdown Indicators
| JPCT.L | MVOL.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.59% | -28.82% | +2.23% |
Max Drawdown (1Y)Largest decline over 1 year | -10.25% | -5.78% | -4.47% |
Max Drawdown (3Y)Largest decline over 3 years | -17.82% | -8.15% | -9.67% |
Max Drawdown (5Y)Largest decline over 5 years | -26.59% | -18.52% | -8.07% |
Max Drawdown (10Y)Largest decline over 10 years | — | -28.82% | — |
Current DrawdownCurrent decline from peak | -1.27% | -2.01% | +0.74% |
Average DrawdownAverage peak-to-trough decline | -5.33% | -3.30% | -2.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.43% | 2.65% | -0.22% |
Volatility
JPCT.L vs. MVOL.L - Volatility Comparison
JPM Carbon Transition Global Equity (CTB) UCITS ETF USD (Acc) (JPCT.L) has a higher volatility of 3.38% compared to iShares Edge MSCI World Minimum Volatility UCITS (MVOL.L) at 2.29%. This indicates that JPCT.L's price experiences larger fluctuations and is considered to be riskier than MVOL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JPCT.L | MVOL.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.38% | 2.29% | +1.09% |
Volatility (6M)Calculated over the trailing 6-month period | 10.74% | 6.07% | +4.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.17% | 7.87% | +5.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.71% | 10.67% | +5.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.33% | 11.62% | +3.71% |
JPCT.L vs. MVOL.L - Expense Ratio Comparison
JPCT.L has a 0.19% expense ratio, which is lower than MVOL.L's 0.35% expense ratio.
Dividends
JPCT.L vs. MVOL.L - Dividend Comparison
Neither JPCT.L nor MVOL.L has paid dividends to shareholders.
Frequently Asked Questions
JPCT.L and MVOL.L have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JPCT.L is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JPCT.L is cheaper with a 0.19% expense ratio, compared with 0.35% for MVOL.L.
JPCT.L tracks Solactive J.P. Morgan Asset Management Carbon Transition Global Equity CTB Index, while MVOL.L tracks MSCI ACWI NR USD. They also come from different issuers: JPMorgan and iShares. Their fees differ too: 0.19% for JPCT.L and 0.35% for MVOL.L.
Find the right allocation for JPCT.L and MVOL.L
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