JPGL.DE vs. PGVFX

Last updated Jun 5, 2026

JPGL.DE (JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating) and PGVFX (Polaris Global Value Fund) are both Global Equities funds. Over the past 5 years, JPGL.DE returned 10.25%/yr vs 10.47%/yr for PGVFX. A 0.68 correlation means they provide meaningful diversification when combined. JPGL.DE charges 0.20%/yr vs 0.99%/yr for PGVFX.

Performance

JPGL.DE vs. PGVFX - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating (JPGL.DE) and Polaris Global Value Fund (PGVFX). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

JPGL.DE is traded in EUR, while PGVFX is traded in USD. To make them comparable, the PGVFX values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, JPGL.DE achieves a 11.57% return, which is significantly lower than PGVFX's 20.90% 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*: —

PGVFX

• 1D: -0.13%
• 1M: 2.92%
• YTD: 20.90%
• 6M: 22.65%
• 1Y: 36.04%
• 3Y*: 18.46%
• 5Y*: 10.47%
• 10Y*: 10.58%

*Multi-year figures are annualized to reflect compound growth (CAGR)

JPGL.DE vs. PGVFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
JPGL.DE JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating	11.57%	5.18%	16.53%	9.74%	-4.98%	33.79%	-3.55%	6.48%
PGVFX Polaris Global Value Fund	20.90%	11.93%	12.29%	11.32%	-6.55%	24.02%	-2.14%	8.00%

Correlation

The correlation between JPGL.DE and PGVFX is 0.61, 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	0.61
Correlation (3Y) Calculated over the trailing 3-year period	0.63
Correlation (5Y) Calculated over the trailing 5-year period	0.64
Correlation (All Time) Calculated using the full available price history since Jul 17, 2019	0.68

The correlation between JPGL.DE and PGVFX has been stable across timeframes, ranging from 0.61 to 0.68 - a consistent structural relationship.

Return for Risk

JPGL.DE vs. PGVFX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JPGL.DE

JPGL.DE Risk / Return Rank: 74
JPGL.DE Sharpe Ratio Rank: 71
JPGL.DE Sortino Ratio Rank: 73
JPGL.DE Omega Ratio Rank: 69
JPGL.DE Calmar Ratio Rank: 80
JPGL.DE Martin Ratio Rank: 80

PGVFX

PGVFX Risk / Return Rank: 90
PGVFX Sharpe Ratio Rank: 95
PGVFX Sortino Ratio Rank: 92
PGVFX Omega Ratio Rank: 88
PGVFX Calmar Ratio Rank: 89
PGVFX Martin Ratio Rank: 86

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JPGL.DE vs. PGVFX - 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 Polaris Global Value Fund (PGVFX). 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	PGVFX	Difference
Sharpe ratio: Return per unit of total volatility	2.28	3.27	-0.99
Sortino ratio: Return per unit of downside risk	3.23	4.39	-1.16
Omega ratio: Gain probability vs. loss probability	1.40	1.62	-0.22
Calmar ratio: Return relative to maximum drawdown	4.10	4.93	-0.83
Martin ratio: Return relative to average drawdown	15.50	20.23	-4.73
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JPGL.DE vs. PGVFX - Sharpe Ratio Comparison

The current JPGL.DE Sharpe Ratio is 2.28, which is lower than the PGVFX Sharpe Ratio of 3.27. The chart below compares the historical Sharpe Ratios of JPGL.DE and PGVFX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	JPGL.DE	PGVFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.28	3.27	-0.99
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.85	0.84	+0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.70	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.68	0.49	+0.19

Drawdowns

JPGL.DE vs. PGVFX - Drawdown Comparison

The maximum JPGL.DE drawdown since its inception was -35.55%, smaller than the maximum PGVFX drawdown of -63.25%. Use the drawdown chart below to compare losses from any high point for JPGL.DE and PGVFX.

Drawdown Indicators

	JPGL.DE	PGVFX	Difference
Max Drawdown Largest peak-to-trough decline	-35.55%	-63.25%	+27.70%
Max Drawdown (1Y) Largest decline over 1 year	-4.75%	-7.32%	+2.57%
Max Drawdown (3Y) Largest decline over 3 years	-17.34%	-15.55%	-1.79%
Max Drawdown (5Y) Largest decline over 5 years	-17.34%	-15.55%	-1.79%
Max Drawdown (10Y) Largest decline over 10 years	—	-39.40%	—
Current Drawdown Current decline from peak	-0.10%	-0.13%	+0.03%
Average Drawdown Average peak-to-trough decline	-4.81%	-11.45%	+6.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.26%	1.78%	-0.52%

Volatility

JPGL.DE vs. PGVFX - Volatility Comparison

The current volatility for JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating (JPGL.DE) is 2.06%, while Polaris Global Value Fund (PGVFX) has a volatility of 3.52%. This indicates that JPGL.DE experiences smaller price fluctuations and is considered to be less risky than PGVFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JPGL.DE	PGVFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.06%	3.52%	-1.46%
Volatility (6M) Calculated over the trailing 6-month period	6.02%	8.97%	-2.95%
Volatility (1Y) Calculated over the trailing 1-year period	8.55%	11.02%	-2.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.86%	12.53%	-0.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.01%	15.27%	-0.26%

JPGL.DE vs. PGVFX - Expense Ratio Comparison

JPGL.DE has a 0.20% expense ratio, which is lower than PGVFX's 0.99% expense ratio.

Dividends

JPGL.DE vs. PGVFX - Dividend Comparison

JPGL.DE has not paid dividends to shareholders, while PGVFX's dividend yield for the trailing twelve months is around 4.33%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JPGL.DE JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PGVFX Polaris Global Value Fund	4.33%	5.17%	5.65%	1.68%	3.55%	4.05%	1.55%	3.69%	3.39%	1.50%	1.32%	1.26%

Frequently Asked Questions

Can I hold both JPGL.DE and PGVFX in my portfolio?

JPGL.DE and PGVFX have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.