JPEA.L vs. VEMT.L
JPEA.L (iShares J.P. Morgan $ EM Bond UCITS ETF USD (Acc)) and VEMT.L (Vanguard USD Emerging Markets Government Bond UCITS ETF Distributing) are both Emerging Markets Bonds funds - JPEA.L tracks the J.P. Morgan EMBI Global Core Index while VEMT.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 2.32%/yr for VEMT.L. A 0.67 correlation means they provide meaningful diversification when combined. JPEA.L charges 0.45%/yr vs 0.25%/yr for VEMT.L.
Performance
JPEA.L vs. VEMT.L - Performance Comparison
Loading charts...
Different Trading Currencies
JPEA.L is traded in USD, while VEMT.L is traded in GBP. To make them comparable, the VEMT.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, JPEA.L achieves a 1.83% return, which is significantly higher than VEMT.L's 1.31% return.
JPEA.L
- 1D
- 0.26%
- 1M
- 1.07%
- YTD
- 1.83%
- 6M
- 2.37%
- 1Y
- 11.43%
- 3Y*
- 9.82%
- 5Y*
- 1.96%
- 10Y*
- —
VEMT.L
- 1D
- 0.08%
- 1M
- 0.73%
- YTD
- 1.31%
- 6M
- 1.88%
- 1Y
- 9.50%
- 3Y*
- 8.71%
- 5Y*
- 2.32%
- 10Y*
- —
JPEA.L vs. VEMT.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% | 5.06% |
VEMT.L Vanguard USD Emerging Markets Government Bond UCITS ETF Distributing | 1.31% | 11.92% | 6.28% | 8.89% | -15.33% | -1.46% | 5.67% | 14.07% | -3.02% | 3.96% |
Correlation
The correlation between JPEA.L and VEMT.L is 0.62, 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 | 0.62 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.72 |
Correlation (All Time) Calculated using the full available price history since Apr 18, 2017 | 0.67 |
The correlation between JPEA.L and VEMT.L shifts across timeframes, from 0.62 (1 year) to 0.72 (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. VEMT.L — Risk / Return Rank
JPEA.L
VEMT.L
JPEA.L vs. VEMT.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 Vanguard USD Emerging Markets Government Bond UCITS ETF Distributing (VEMT.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 | VEMT.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.37 | ||
| Sortino ratioReturn per unit of downside risk | +0.79 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.29 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.57 | 2.48 | +0.10 |
| Martin ratioReturn relative to average drawdown | 11.00 | 9.13 | +1.86 |
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 | VEMT.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.03 | 1.66 | +0.37 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.22 | 0.29 | -0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.29 | 0.40 | -0.11 |
Drawdowns
JPEA.L vs. VEMT.L - Drawdown Comparison
The maximum JPEA.L drawdown since its inception was -28.64%, which is greater than VEMT.L's maximum drawdown of -24.08%. Use the drawdown chart below to compare losses from any high point for JPEA.L and VEMT.L.
Loading charts...
Drawdown Indicators
| JPEA.L | VEMT.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.64% | -24.08% | -4.56% |
Max Drawdown (1Y)Largest decline over 1 year | -4.42% | -3.82% | -0.60% |
Max Drawdown (3Y)Largest decline over 3 years | -7.35% | -6.35% | -1.00% |
Max Drawdown (5Y)Largest decline over 5 years | -28.64% | -24.06% | -4.58% |
Current DrawdownCurrent decline from peak | -0.06% | -0.58% | +0.52% |
Average DrawdownAverage peak-to-trough decline | -6.80% | -5.07% | -1.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.04% | 1.04% | 0.00% |
Volatility
JPEA.L vs. VEMT.L - Volatility Comparison
iShares J.P. Morgan $ EM Bond UCITS ETF USD (Acc) (JPEA.L) has a higher volatility of 1.91% compared to Vanguard USD Emerging Markets Government Bond UCITS ETF Distributing (VEMT.L) at 1.77%. This indicates that JPEA.L's price experiences larger fluctuations and is considered to be riskier than VEMT.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JPEA.L | VEMT.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.91% | 1.77% | +0.14% |
Volatility (6M)Calculated over the trailing 6-month period | 4.55% | 4.48% | +0.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.63% | 5.71% | -0.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.88% | 8.12% | +0.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.21% | 8.61% | +1.60% |
JPEA.L vs. VEMT.L - Expense Ratio Comparison
JPEA.L has a 0.45% expense ratio, which is higher than VEMT.L's 0.25% expense ratio.
Dividends
JPEA.L vs. VEMT.L - Dividend Comparison
JPEA.L has not paid dividends to shareholders, while VEMT.L's dividend yield for the trailing twelve months is around 5.92%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
JPEA.L iShares J.P. Morgan $ EM Bond UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VEMT.L Vanguard USD Emerging Markets Government Bond UCITS ETF Distributing | 5.92% | 6.17% | 5.74% | 5.56% | 4.88% | 3.81% | 4.47% | 4.46% | 4.44% | 4.81% |
Frequently Asked Questions
JPEA.L and VEMT.L have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VEMT.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VEMT.L is cheaper with a 0.25% expense ratio, compared with 0.45% for JPEA.L.
JPEA.L tracks J.P. Morgan EMBI Global Core Index, while VEMT.L tracks JPM EMBI Global Diversified TR USD. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.45% for JPEA.L and 0.25% for VEMT.L.
Find the right allocation for JPEA.L and VEMT.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