JPGL.DE vs. IWDA.L
Compare and contrast key facts about JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating (JPGL.DE) and iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.L).
JPGL.DE and IWDA.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JPGL.DE is a passively managed fund by JPMorgan that tracks the performance of the JP Morgan Diversified Factor Global Developed (Region Aware) Equity. It was launched on Jul 9, 2019. IWDA.L is a passively managed fund by iShares that tracks the performance of the MSCI World Index. It was launched on Sep 25, 2009. Both JPGL.DE and IWDA.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: JPGL.DE or IWDA.L.
Key characteristics
| JPGL.DE | IWDA.L | |
|---|---|---|
| YTD Return | 19.78% | 20.26% |
| 1Y Return | 26.40% | 28.88% |
| 3Y Return (Ann) | 8.71% | 7.14% |
| 5Y Return (Ann) | 10.20% | 12.39% |
| Sharpe Ratio | 3.09 | 2.54 |
| Sortino Ratio | 4.27 | 3.55 |
| Omega Ratio | 1.60 | 1.46 |
| Calmar Ratio | 5.00 | 3.76 |
| Martin Ratio | 22.04 | 16.32 |
| Ulcer Index | 1.20% | 1.74% |
| Daily Std Dev | 8.60% | 11.33% |
| Max Drawdown | -35.55% | -34.11% |
| Current Drawdown | -0.51% | -0.75% |
Correlation
The correlation between JPGL.DE and IWDA.L is 0.86, 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
JPGL.DE vs. IWDA.L - Performance Comparison
The year-to-date returns for both investments are quite close, with JPGL.DE having a 19.78% return and IWDA.L slightly higher at 20.26%. 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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JPGL.DE vs. IWDA.L - Expense Ratio Comparison
Both JPGL.DE and IWDA.L have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
JPGL.DE vs. IWDA.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating (JPGL.DE) and iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.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
JPGL.DE vs. IWDA.L - Dividend Comparison
Neither JPGL.DE nor IWDA.L has paid dividends to shareholders.
Drawdowns
JPGL.DE vs. IWDA.L - Drawdown Comparison
The maximum JPGL.DE drawdown since its inception was -35.55%, roughly equal to the maximum IWDA.L drawdown of -34.11%. Use the drawdown chart below to compare losses from any high point for JPGL.DE and IWDA.L. For additional features, visit the drawdowns tool.
Volatility
JPGL.DE vs. IWDA.L - Volatility Comparison
The current volatility for JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating (JPGL.DE) is 2.47%, while iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.L) has a volatility of 3.26%. This indicates that JPGL.DE experiences smaller price fluctuations and is considered to be less risky than IWDA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.