JPLG.L vs. KSTR.L

Last updated Jul 16, 2026

JPLG.L (JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating) and KSTR.L (KraneShares ICBCCS SSE Star Market 50 Index UCITS ETF) are both Global Equities funds - JPLG.L tracks the MSCI ACWI NR USD while KSTR.L tracks the KraneShares ICBCCS SSE Star Market 50 Index UCITS ETF. Both are passively managed. Over the past 5 years, JPLG.L returned 10.14%/yr vs 1.08%/yr for KSTR.L. At a 0.15 correlation, their price movements are largely independent. JPLG.L charges 0.20%/yr vs 0.82%/yr for KSTR.L.

Performance

JPLG.L vs. KSTR.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating (JPLG.L) and KraneShares ICBCCS SSE Star Market 50 Index UCITS ETF (KSTR.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

JPLG.L is traded in GBp, while KSTR.L is traded in USD. To make them comparable, the KSTR.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, JPLG.L achieves a 11.63% return, which is significantly lower than KSTR.L's 47.78% return.

JPLG.L

• 1D: -0.96%
• 1M: -0.36%
• 6M: 9.08%
• YTD: 11.63%
• 1Y: 20.46%
• 3Y*: 14.27%
• 5Y*: 10.14%
• 10Y*: —

KSTR.L

• 1D: 0.00%
• 1M: 7.59%
• 6M: 30.93%
• YTD: 47.78%
• 1Y: 100.79%
• 3Y*: 21.82%
• 5Y*: 1.08%
• 10Y*: —

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

JPLG.L vs. KSTR.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
JPLG.L JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating	11.63%	10.11%	12.09%	7.05%	0.72%	12.45%
KSTR.L KraneShares ICBCCS SSE Star Market 50 Index UCITS ETF	47.78%	32.59%	7.07%	-22.86%	-30.81%	7.24%

Correlation

The correlation between JPLG.L and KSTR.L is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.27
Correlation (3Y) Calculated over the trailing 3-year period	0.15
Correlation (5Y) Calculated over the trailing 5-year period	0.16
Correlation (All Time) Calculated using the full available price history since May 26, 2021	0.15

The correlation between JPLG.L and KSTR.L shifts across timeframes, from 0.15 (3 years) to 0.27 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

JPLG.L vs. KSTR.L — Risk / Return Rank

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

JPLG.L

JPLG.L Risk / Return Rank: 88
JPLG.L Sharpe Ratio Rank: 92
JPLG.L Sortino Ratio Rank: 91
JPLG.L Omega Ratio Rank: 90
JPLG.L Calmar Ratio Rank: 84
JPLG.L Martin Ratio Rank: 84

KSTR.L

KSTR.L Risk / Return Rank: 84
KSTR.L Sharpe Ratio Rank: 87
KSTR.L Sortino Ratio Rank: 77
KSTR.L Omega Ratio Rank: 82
KSTR.L Calmar Ratio Rank: 92
KSTR.L Martin Ratio Rank: 81

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.

JPLG.L vs. KSTR.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating (JPLG.L) and KraneShares ICBCCS SSE Star Market 50 Index UCITS ETF (KSTR.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	JPLG.L	KSTR.L	Difference
Sharpe ratio: Return per unit of total volatility	2.55	2.50	+0.05
Sortino ratio: Return per unit of downside risk	3.47	2.93	+0.55
Omega ratio: Gain probability vs. loss probability	1.45	1.42	+0.04
Calmar ratio: Return relative to maximum drawdown	3.65	5.51	-1.86
Martin ratio: Return relative to average drawdown	13.44	13.88	-0.44

JPLG.L vs. KSTR.L - Sharpe Ratio Comparison

The current JPLG.L Sharpe Ratio is 2.55, which is comparable to the KSTR.L Sharpe Ratio of 2.50. The chart below compares the historical Sharpe Ratios of JPLG.L and KSTR.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

JPLG.L vs. KSTR.L - Drawdown Comparison

The maximum JPLG.L drawdown since its inception was -27.53%, smaller than the maximum KSTR.L drawdown of -65.22%. Use the drawdown chart below to compare losses from any high point for JPLG.L and KSTR.L.

Drawdown Indicators

	JPLG.L	KSTR.L	Difference
Max Drawdown Largest peak-to-trough decline	-27.53%	-65.22%	+37.69%
Max Drawdown (1Y) Largest decline over 1 year	-5.59%	-18.17%	+12.58%
Max Drawdown (3Y) Largest decline over 3 years	-13.65%	-38.63%	+24.98%
Max Drawdown (5Y) Largest decline over 5 years	-13.65%	-65.22%	+51.57%
Current Drawdown Current decline from peak	-1.95%	-16.50%	+14.55%
Average Drawdown Average peak-to-trough decline	-3.25%	-35.63%	+32.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.52%	7.22%	-5.70%

Volatility

JPLG.L vs. KSTR.L - Volatility Comparison

The current volatility for JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating (JPLG.L) is 2.28%, while KraneShares ICBCCS SSE Star Market 50 Index UCITS ETF (KSTR.L) has a volatility of 18.96%. This indicates that JPLG.L experiences smaller price fluctuations and is considered to be less risky than KSTR.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JPLG.L	KSTR.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.28%	18.96%	-16.68%
Volatility (6M) Calculated over the trailing 6-month period	6.13%	32.99%	-26.86%
Volatility (1Y) Calculated over the trailing 1-year period	8.01%	39.98%	-31.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.91%	33.76%	-22.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.67%	33.70%	-20.03%

JPLG.L vs. KSTR.L - Expense Ratio Comparison

JPLG.L has a 0.20% expense ratio, which is lower than KSTR.L's 0.82% expense ratio.

Dividends

JPLG.L vs. KSTR.L - Dividend Comparison

Neither JPLG.L nor KSTR.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both JPLG.L and KSTR.L in my portfolio?

JPLG.L and KSTR.L have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JPLG.L or KSTR.L?

On fees, JPLG.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JPLG.L or KSTR.L?

JPLG.L is cheaper with a 0.20% expense ratio, compared with 0.82% for KSTR.L.

What is the main difference between JPLG.L and KSTR.L?

JPLG.L tracks MSCI ACWI NR USD, while KSTR.L tracks KraneShares ICBCCS SSE Star Market 50 Index UCITS ETF. They also come from different issuers: JPMorgan and KraneShares. Their fees differ too: 0.20% for JPLG.L and 0.82% for KSTR.L.