JPRE vs. VEA

Last updated Jun 16, 2026

JPRE (JPMorgan Realty Income ETF) and VEA (Vanguard FTSE Developed Markets ETF) are both exchange-traded funds - JPRE is a REIT fund actively managed by JPMorgan, while VEA is a Foreign Large Cap Equities fund tracking the FTSE Developed All Cap ex US Index. JPRE is actively managed, while VEA is passively managed. Over the past 3 years, JPRE returned 10.20%/yr vs 19.14%/yr for VEA. A 0.54 correlation means they provide meaningful diversification when combined. JPRE charges 0.50%/yr vs 0.03%/yr for VEA.

Performance

JPRE vs. VEA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Realty Income ETF (JPRE) and Vanguard FTSE Developed Markets ETF (VEA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JPRE achieves a 13.29% return, which is significantly lower than VEA's 16.08% return.

JPRE

• 1D: -0.70%
• 1M: 3.63%
• YTD: 13.29%
• 6M: 12.69%
• 1Y: 12.70%
• 3Y*: 10.20%
• 5Y*: —
• 10Y*: —

VEA

• 1D: 1.17%
• 1M: 4.79%
• YTD: 16.08%
• 6M: 17.35%
• 1Y: 32.96%
• 3Y*: 19.14%
• 5Y*: 9.87%
• 10Y*: 10.67%

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

JPRE vs. VEA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
JPRE JPMorgan Realty Income ETF	13.29%	1.36%	7.43%	13.41%	-9.60%
VEA Vanguard FTSE Developed Markets ETF	16.08%	35.16%	3.15%	17.93%	-2.13%

Correlation

The correlation between JPRE and VEA is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.38
Correlation (3Y) Calculated over the trailing 3-year period	0.49
Correlation (All Time) Calculated using the full available price history since May 23, 2022	0.54

The correlation between JPRE and VEA shifts across timeframes, from 0.38 (1 year) to 0.54 (all time), reflecting how their relationship changes across market environments.

Return for Risk

JPRE vs. VEA — Risk / Return Rank

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

JPRE

JPRE Risk / Return Rank: 30
JPRE Sharpe Ratio Rank: 28
JPRE Sortino Ratio Rank: 26
JPRE Omega Ratio Rank: 27
JPRE Calmar Ratio Rank: 35
JPRE Martin Ratio Rank: 33

VEA

VEA Risk / Return Rank: 67
VEA Sharpe Ratio Rank: 69
VEA Sortino Ratio Rank: 67
VEA Omega Ratio Rank: 69
VEA Calmar Ratio Rank: 63
VEA Martin Ratio Rank: 66

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.

JPRE vs. VEA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Realty Income ETF (JPRE) and Vanguard FTSE Developed Markets ETF (VEA). 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.

	JPRE	VEA	Difference
Sharpe ratio: Return per unit of total volatility	0.95	2.00	-1.05
Sortino ratio: Return per unit of downside risk	1.34	2.74	-1.39
Omega ratio: Gain probability vs. loss probability	1.17	1.36	-0.19
Calmar ratio: Return relative to maximum drawdown	1.66	2.85	-1.19
Martin ratio: Return relative to average drawdown	4.55	10.96	-6.41

JPRE vs. VEA - Sharpe Ratio Comparison

The current JPRE Sharpe Ratio is 0.95, which is lower than the VEA Sharpe Ratio of 2.00. The chart below compares the historical Sharpe Ratios of JPRE and VEA, 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

JPRE vs. VEA - Drawdown Comparison

The maximum JPRE drawdown since its inception was -23.84%, smaller than the maximum VEA drawdown of -60.68%. Use the drawdown chart below to compare losses from any high point for JPRE and VEA.

Drawdown Indicators

	JPRE	VEA	Difference
Max Drawdown Largest peak-to-trough decline	-23.84%	-60.68%	+36.84%
Max Drawdown (1Y) Largest decline over 1 year	-7.70%	-11.63%	+3.93%
Max Drawdown (3Y) Largest decline over 3 years	-16.27%	-13.45%	-2.82%
Max Drawdown (5Y) Largest decline over 5 years	—	-29.71%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.73%	—
Current Drawdown Current decline from peak	-0.70%	0.00%	-0.70%
Average Drawdown Average peak-to-trough decline	-8.10%	-13.27%	+5.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.80%	3.01%	-0.21%

Volatility

JPRE vs. VEA - Volatility Comparison

The current volatility for JPMorgan Realty Income ETF (JPRE) is 5.15%, while Vanguard FTSE Developed Markets ETF (VEA) has a volatility of 6.92%. This indicates that JPRE experiences smaller price fluctuations and is considered to be less risky than VEA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JPRE	VEA	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.15%	6.92%	-1.77%
Volatility (6M) Calculated over the trailing 6-month period	10.07%	14.42%	-4.35%
Volatility (1Y) Calculated over the trailing 1-year period	13.47%	16.58%	-3.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.29%	16.73%	+1.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.29%	17.41%	+0.88%

JPRE vs. VEA - Expense Ratio Comparison

JPRE has a 0.50% expense ratio, which is higher than VEA's 0.03% expense ratio.

Dividends

JPRE vs. VEA - Dividend Comparison

JPRE's dividend yield for the trailing twelve months is around 2.20%, less than VEA's 2.59% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JPRE JPMorgan Realty Income ETF	2.20%	2.62%	2.21%	3.26%	10.60%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VEA Vanguard FTSE Developed Markets ETF	2.59%	3.22%	3.35%	3.15%	2.91%	3.16%	2.04%	3.04%	3.35%	2.77%	3.05%	2.92%

Frequently Asked Questions

Can I hold both JPRE and VEA in my portfolio?

JPRE and VEA have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JPRE or VEA?

VEA has higher volatility (6.92%) compared to JPRE (5.15%). In terms of maximum drawdown, JPRE dropped -23.84% vs VEA's -60.68%.

Which ETF is better, JPRE or VEA?

On 3-year performance, VEA leads with 19.14% vs 10.20% for JPRE. On fees, VEA is cheaper at 0.03% per year. On volatility, JPRE has been the lower-risk option at 5.15%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JPRE or VEA?

Over the 3-year period, VEA has performed better with a 19.14% return vs 10.20%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JPRE or VEA?

VEA is cheaper with a 0.03% expense ratio, compared with 0.50% for JPRE.

Which ETF pays a higher dividend yield, JPRE or VEA?

VEA has the higher dividend yield at 2.59%, compared with 2.20% for JPRE.

What is the main difference between JPRE and VEA?

JPRE is categorized as REIT, while VEA is Foreign Large Cap Equities. They also come from different issuers: JPMorgan and Vanguard. Their fees differ too: 0.50% for JPRE and 0.03% for VEA.

Which has better risk-adjusted returns?

VEA currently has the higher Sharpe Ratio (2.00 vs 0.95), 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.