JPGL.DE vs. MVEW.DE
JPGL.DE (JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating) and MVEW.DE (iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc)) are both Global Equities funds - JPGL.DE tracks the JP Morgan Diversified Factor Global Developed (Region Aware) Equity while MVEW.DE tracks the MSCI ACWI NR USD. Both are passively managed. Over the past 5 years, JPGL.DE returned 10.25%/yr vs 6.47%/yr for MVEW.DE. Their correlation of 0.85 suggests significant overlap in exposure. JPGL.DE charges 0.20%/yr vs 0.30%/yr for MVEW.DE.
Performance
JPGL.DE vs. MVEW.DE - Performance Comparison
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Returns By Period
In the year-to-date period, JPGL.DE achieves a 11.57% return, which is significantly higher than MVEW.DE's 1.17% return.
JPGL.DE
- 1D
- -0.10%
- 1M
- 2.54%
- YTD
- 11.57%
- 6M
- 11.95%
- 1Y
- 19.90%
- 3Y*
- 13.57%
- 5Y*
- 10.25%
- 10Y*
- —
MVEW.DE
- 1D
- 0.07%
- 1M
- 2.04%
- YTD
- 1.17%
- 6M
- 1.03%
- 1Y
- 0.94%
- 3Y*
- 6.53%
- 5Y*
- 6.47%
- 10Y*
- —
JPGL.DE vs. MVEW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
JPGL.DE JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating | 11.57% | 5.18% | 16.53% | 9.74% | -4.98% | 33.79% | 14.96% |
MVEW.DE iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) | 1.17% | -0.99% | 17.25% | 6.27% | -5.98% | 26.26% | 1.55% |
Correlation
The correlation between JPGL.DE and MVEW.DE is 0.71, 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 | 0.71 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.82 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.84 |
Correlation (All Time) Calculated using the full available price history since Apr 24, 2020 | 0.85 |
The correlation between JPGL.DE and MVEW.DE shifts across timeframes, from 0.71 (1 year) to 0.85 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
JPGL.DE vs. MVEW.DE — Risk / Return Rank
JPGL.DE
MVEW.DE
JPGL.DE vs. MVEW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating (JPGL.DE) and iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) (MVEW.DE). 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.
| JPGL.DE | MVEW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.22 | ||
| Sortino ratioReturn per unit of downside risk | +3.09 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.02 | +0.39 |
| Calmar ratioReturn relative to maximum drawdown | 4.10 | 0.10 | +4.01 |
| Martin ratioReturn relative to average drawdown | 15.50 | 0.20 | +15.30 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| JPGL.DE | MVEW.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.28 | 0.06 | +2.22 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.85 | 0.62 | +0.23 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.68 | 0.63 | +0.05 |
Drawdowns
JPGL.DE vs. MVEW.DE - Drawdown Comparison
The maximum JPGL.DE drawdown since its inception was -35.55%, which is greater than MVEW.DE's maximum drawdown of -13.19%. Use the drawdown chart below to compare losses from any high point for JPGL.DE and MVEW.DE.
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Drawdown Indicators
| JPGL.DE | MVEW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.55% | -13.19% | -22.36% |
Max Drawdown (1Y)Largest decline over 1 year | -4.75% | -4.68% | -0.07% |
Max Drawdown (3Y)Largest decline over 3 years | -17.34% | -13.19% | -4.15% |
Max Drawdown (5Y)Largest decline over 5 years | -17.34% | -13.19% | -4.15% |
Current DrawdownCurrent decline from peak | -0.10% | -5.75% | +5.65% |
Average DrawdownAverage peak-to-trough decline | -4.81% | -3.83% | -0.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.26% | 2.27% | -1.01% |
Volatility
JPGL.DE vs. MVEW.DE - Volatility Comparison
The current volatility for JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating (JPGL.DE) is 2.06%, while iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) (MVEW.DE) has a volatility of 2.58%. This indicates that JPGL.DE experiences smaller price fluctuations and is considered to be less risky than MVEW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JPGL.DE | MVEW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.06% | 2.58% | -0.52% |
Volatility (6M)Calculated over the trailing 6-month period | 6.02% | 5.42% | +0.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.55% | 7.97% | +0.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.86% | 10.25% | +1.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.01% | 10.82% | +4.19% |
JPGL.DE vs. MVEW.DE - Expense Ratio Comparison
JPGL.DE has a 0.20% expense ratio, which is lower than MVEW.DE's 0.30% expense ratio.
Dividends
JPGL.DE vs. MVEW.DE - Dividend Comparison
Neither JPGL.DE nor MVEW.DE has paid dividends to shareholders.
Frequently Asked Questions
JPGL.DE and MVEW.DE have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JPGL.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JPGL.DE is cheaper with a 0.20% expense ratio, compared with 0.30% for MVEW.DE.
JPGL.DE tracks JP Morgan Diversified Factor Global Developed (Region Aware) Equity, while MVEW.DE tracks MSCI ACWI NR USD. They also come from different issuers: JPMorgan and iShares. Their fees differ too: 0.20% for JPGL.DE and 0.30% for MVEW.DE.
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