JPEA.L vs. JPEE.L
JPEA.L (iShares J.P. Morgan $ EM Bond UCITS ETF USD (Acc)) and JPEE.L (iShares J.P. Morgan USD Emerging Markets Bond UCITS ETF (Acc)) are both Emerging Markets Bonds funds from iShares - JPEA.L tracks the J.P. Morgan EMBI Global Core Index while JPEE.L tracks the JPM EMBI Global Diversified TR USD. Both are passively managed. Over the past 5 years, JPEA.L returned 1.96%/yr vs 1.94%/yr for JPEE.L. Their correlation of 0.80 suggests significant overlap in exposure. Both charge a 0.45% expense ratio.
Performance
JPEA.L vs. JPEE.L - Performance Comparison
Loading charts...
Different Trading Currencies
JPEA.L is traded in USD, while JPEE.L is traded in EUR. To make them comparable, the JPEE.L values have been converted to USD using the latest available exchange rates.
Returns By Period
The year-to-date returns for both stocks are quite close, with JPEA.L having a 1.83% return and JPEE.L slightly lower at 1.77%.
JPEA.L
- 1D
- 0.26%
- 1M
- 1.07%
- YTD
- 1.83%
- 6M
- 2.37%
- 1Y
- 11.43%
- 3Y*
- 9.82%
- 5Y*
- 1.96%
- 10Y*
- —
JPEE.L
- 1D
- 0.21%
- 1M
- 1.09%
- YTD
- 1.77%
- 6M
- 2.39%
- 1Y
- 11.44%
- 3Y*
- 9.76%
- 5Y*
- 1.94%
- 10Y*
- —
JPEA.L vs. JPEE.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JPEA.L iShares J.P. Morgan $ EM Bond UCITS ETF USD (Acc) | 1.83% | 13.77% | 5.72% | 10.89% | -18.56% | -2.19% | 5.37% | 15.91% | -5.52% | 0.71% |
JPEE.L iShares J.P. Morgan USD Emerging Markets Bond UCITS ETF (Acc) | 1.77% | 14.20% | 5.65% | 9.93% | -18.63% | -1.37% | 5.06% | 15.84% | -5.54% | 0.99% |
Correlation
The correlation between JPEA.L and JPEE.L is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.70 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.77 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.82 |
Correlation (All Time) Calculated using the full available price history since Sep 18, 2017 | 0.80 |
The correlation between JPEA.L and JPEE.L shifts across timeframes, from 0.70 (1 year) to 0.82 (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
JPEA.L vs. JPEE.L — Risk / Return Rank
JPEA.L
JPEE.L
JPEA.L vs. JPEE.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares J.P. Morgan $ EM Bond UCITS ETF USD (Acc) (JPEA.L) and iShares J.P. Morgan USD Emerging Markets Bond UCITS ETF (Acc) (JPEE.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.
| JPEA.L | JPEE.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.09 | ||
| Sortino ratioReturn per unit of downside risk | +0.35 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.35 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.57 | 2.54 | +0.03 |
| Martin ratioReturn relative to average drawdown | 11.00 | 10.41 | +0.59 |
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
| JPEA.L | JPEE.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.03 | 1.94 | +0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.22 | 0.21 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.29 | 0.27 | +0.03 |
Drawdowns
JPEA.L vs. JPEE.L - Drawdown Comparison
The maximum JPEA.L drawdown since its inception was -28.64%, roughly equal to the maximum JPEE.L drawdown of -28.48%. Use the drawdown chart below to compare losses from any high point for JPEA.L and JPEE.L.
Loading charts...
Drawdown Indicators
| JPEA.L | JPEE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.64% | -28.48% | -0.16% |
Max Drawdown (1Y)Largest decline over 1 year | -4.42% | -4.48% | +0.06% |
Max Drawdown (3Y)Largest decline over 3 years | -7.35% | -7.19% | -0.16% |
Max Drawdown (5Y)Largest decline over 5 years | -28.64% | -28.48% | -0.16% |
Current DrawdownCurrent decline from peak | -0.06% | -0.16% | +0.10% |
Average DrawdownAverage peak-to-trough decline | -6.80% | -7.15% | +0.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.04% | 1.10% | -0.06% |
Volatility
JPEA.L vs. JPEE.L - Volatility Comparison
iShares J.P. Morgan $ EM Bond UCITS ETF USD (Acc) (JPEA.L) and iShares J.P. Morgan USD Emerging Markets Bond UCITS ETF (Acc) (JPEE.L) have volatilities of 1.91% and 1.97%, 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.
Loading charts...
Volatility by Period
| JPEA.L | JPEE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.91% | 1.97% | -0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 4.55% | 4.31% | +0.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.63% | 5.89% | -0.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.88% | 9.21% | -0.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.21% | 10.07% | +0.14% |
JPEA.L vs. JPEE.L - Expense Ratio Comparison
Both JPEA.L and JPEE.L have an expense ratio of 0.45%.
Dividends
JPEA.L vs. JPEE.L - Dividend Comparison
Neither JPEA.L nor JPEE.L has paid dividends to shareholders.
Frequently Asked Questions
JPEA.L and JPEE.L have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.45% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
JPEA.L and JPEE.L have the same expense ratio: 0.45% per year.
JPEA.L tracks J.P. Morgan EMBI Global Core Index, while JPEE.L tracks JPM EMBI Global Diversified TR USD.
Find the right allocation for JPEA.L and JPEE.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