JPIN vs. IDEV

Last updated Jun 4, 2026

JPIN (J.P. Morgan Diversified Return International Equity ETF) and IDEV (iShares Core MSCI International Developed Markets ETF) are both Foreign Large Cap Equities funds - JPIN tracks the JPMorgan Diversified Factor International Equity Index while IDEV tracks the MSCI World ex USA Investable Market Index. Both are passively managed. Over the past 5 years, JPIN returned 7.89%/yr vs 8.48%/yr for IDEV. With a 0.95 correlation, they move nearly in lockstep. JPIN charges 0.37%/yr vs 0.05%/yr for IDEV.

Performance

JPIN vs. IDEV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in J.P. Morgan Diversified Return International Equity ETF (JPIN) and iShares Core MSCI International Developed Markets ETF (IDEV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JPIN achieves a 9.44% return, which is significantly higher than IDEV's 8.92% return.

JPIN

• 1D: -0.74%
• 1M: 2.05%
• YTD: 9.44%
• 6M: 11.10%
• 1Y: 23.67%
• 3Y*: 17.85%
• 5Y*: 7.89%
• 10Y*: 7.75%

IDEV

• 1D: -0.90%
• 1M: 3.23%
• YTD: 8.92%
• 6M: 11.57%
• 1Y: 23.20%
• 3Y*: 17.40%
• 5Y*: 8.48%
• 10Y*: —

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

JPIN vs. IDEV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JPIN J.P. Morgan Diversified Return International Equity ETF	9.44%	33.27%	2.66%	17.45%	-14.14%	6.79%	4.85%	16.07%	-13.12%	16.29%
IDEV iShares Core MSCI International Developed Markets ETF	8.92%	32.56%	4.54%	17.36%	-14.99%	13.00%	8.32%	23.12%	-14.10%	17.29%

Correlation

The correlation between JPIN and IDEV is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.94
Correlation (3Y) Calculated over the trailing 3-year period	0.95
Correlation (5Y) Calculated over the trailing 5-year period	0.96
Correlation (All Time) Calculated using the full available price history since Mar 24, 2017	0.95

The correlation between JPIN and IDEV has been stable across timeframes, ranging from 0.94 to 0.96 - a consistent structural relationship.

JPIN vs. IDEV - Sectors Allocation Comparison

Sectors	JPIN	IDEV
Industrials	14.4%	19.1%
Consumer Defensive	11.1%	6.0%
Healthcare	9.1%	8.6%
Utilities	9.1%	3.7%
Financial Services	9.0%	24.2%
Basic Materials	8.7%	8.0%
Communication Services	8.7%	4.0%
Real Estate	8.5%	2.9%
Consumer Cyclical	8.5%	7.7%
Technology	6.9%	9.9%
Energy	6.2%	5.9%

Return for Risk

JPIN vs. IDEV — Risk / Return Rank

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

JPIN

JPIN Risk / Return Rank: 49
JPIN Sharpe Ratio Rank: 50
JPIN Sortino Ratio Rank: 50
JPIN Omega Ratio Rank: 49
JPIN Calmar Ratio Rank: 46
JPIN Martin Ratio Rank: 49

IDEV

IDEV Risk / Return Rank: 45
IDEV Sharpe Ratio Rank: 45
IDEV Sortino Ratio Rank: 45
IDEV Omega Ratio Rank: 44
IDEV Calmar Ratio Rank: 41
IDEV Martin Ratio Rank: 48

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.

JPIN vs. IDEV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for J.P. Morgan Diversified Return International Equity ETF (JPIN) and iShares Core MSCI International Developed Markets ETF (IDEV). 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.

	JPIN	IDEV	Difference
Sharpe ratio: Return per unit of total volatility	1.75	1.61	+0.14
Sortino ratio: Return per unit of downside risk	2.45	2.29	+0.16
Omega ratio: Gain probability vs. loss probability	1.31	1.29	+0.02
Calmar ratio: Return relative to maximum drawdown	2.28	2.08	+0.20
Martin ratio: Return relative to average drawdown	8.07	8.16	-0.09
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JPIN vs. IDEV - Sharpe Ratio Comparison

The current JPIN Sharpe Ratio is 1.75, which is comparable to the IDEV Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of JPIN and IDEV, 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

	JPIN	IDEV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.75	1.61	+0.14
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.55	0.52	+0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.49	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.44	0.55	-0.11

Drawdowns

JPIN vs. IDEV - Drawdown Comparison

The maximum JPIN drawdown since its inception was -36.69%, which is greater than IDEV's maximum drawdown of -34.77%. Use the drawdown chart below to compare losses from any high point for JPIN and IDEV.

Drawdown Indicators

	JPIN	IDEV	Difference
Max Drawdown Largest peak-to-trough decline	-36.69%	-34.77%	-1.92%
Max Drawdown (1Y) Largest decline over 1 year	-10.41%	-11.20%	+0.79%
Max Drawdown (3Y) Largest decline over 3 years	-12.32%	-13.41%	+1.09%
Max Drawdown (5Y) Largest decline over 5 years	-29.61%	-29.15%	-0.46%
Max Drawdown (10Y) Largest decline over 10 years	-36.69%	—	—
Current Drawdown Current decline from peak	-3.12%	-0.98%	-2.14%
Average Drawdown Average peak-to-trough decline	-7.02%	-6.57%	-0.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.94%	2.85%	+0.09%

Volatility

JPIN vs. IDEV - Volatility Comparison

J.P. Morgan Diversified Return International Equity ETF (JPIN) and iShares Core MSCI International Developed Markets ETF (IDEV) have volatilities of 4.53% and 4.60%, 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.

Volatility by Period

	JPIN	IDEV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.53%	4.60%	-0.07%
Volatility (6M) Calculated over the trailing 6-month period	11.36%	12.10%	-0.74%
Volatility (1Y) Calculated over the trailing 1-year period	13.62%	14.51%	-0.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.54%	16.26%	-1.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.01%	17.27%	-1.26%

JPIN vs. IDEV - Expense Ratio Comparison

JPIN has a 0.37% expense ratio, which is higher than IDEV's 0.05% expense ratio.

Dividends

JPIN vs. IDEV - Dividend Comparison

JPIN's dividend yield for the trailing twelve months is around 4.11%, more than IDEV's 3.13% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IDEV iShares Core MSCI International Developed Markets ETF	3.13%	3.40%	3.30%	3.07%	2.69%	3.05%	2.00%	3.18%	3.16%	1.54%	0.00%	0.00%
JPIN J.P. Morgan Diversified Return International Equity ETF	4.11%	4.50%	4.20%	6.22%	3.06%	5.03%	2.45%	3.30%	2.72%	2.12%	1.67%	2.18%

Frequently Asked Questions

Can I hold both JPIN and IDEV in my portfolio?

With a correlation of 0.94, JPIN and IDEV move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, JPIN or IDEV?

IDEV has higher volatility (4.60%) compared to JPIN (4.53%). In terms of maximum drawdown, JPIN dropped -36.69% vs IDEV's -34.77%.

Which ETF is better, JPIN or IDEV?

On 5-year performance, IDEV leads with 8.48% vs 7.89% for JPIN. On fees, IDEV is cheaper at 0.05% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JPIN or IDEV?

Over the 5-year period, IDEV has performed better with a 8.48% return vs 7.89%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JPIN or IDEV?

IDEV is cheaper with a 0.05% expense ratio, compared with 0.37% for JPIN.

Which ETF pays a higher dividend yield, JPIN or IDEV?

JPIN has the higher dividend yield at 4.11%, compared with 3.13% for IDEV.

What is the main difference between JPIN and IDEV?

JPIN tracks JPMorgan Diversified Factor International Equity Index, while IDEV tracks MSCI World ex USA Investable Market Index. They also come from different issuers: JPMorgan and iShares. Their fees differ too: 0.37% for JPIN and 0.05% for IDEV.

Which has better risk-adjusted returns?

JPIN currently has the higher Sharpe Ratio (1.75 vs 1.61), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.