JPTC.L vs. IMID.L
Compare and contrast key facts about JPMorgan Carbon Transition Global Equity UCITS ETF USD (acc) (JPTC.L) and SPDR MSCI ACWI IMI (IMID.L).
JPTC.L and IMID.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JPTC.L is a passively managed fund by JPMorgan that tracks the performance of the MSCI ACWI NR USD. It was launched on Nov 4, 2020. IMID.L is a passively managed fund by State Street that tracks the performance of the MSCI ACWI NR USD. It was launched on May 13, 2011. Both JPTC.L and IMID.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JPTC.L or IMID.L.
Key characteristics
| JPTC.L | IMID.L | |
|---|---|---|
| YTD Return | 17.76% | 17.84% |
| 1Y Return | 23.88% | 29.50% |
| Sharpe Ratio | 2.27 | 2.36 |
| Sortino Ratio | 3.23 | 3.33 |
| Omega Ratio | 1.43 | 1.43 |
| Calmar Ratio | 3.62 | 3.39 |
| Martin Ratio | 16.06 | 15.11 |
| Ulcer Index | 1.46% | 1.76% |
| Daily Std Dev | 10.30% | 11.47% |
| Max Drawdown | -10.77% | -39.56% |
| Current Drawdown | 0.00% | -0.89% |
Correlation
The correlation between JPTC.L and IMID.L is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
JPTC.L vs. IMID.L - Performance Comparison
The year-to-date returns for both investments are quite close, with JPTC.L having a 17.76% return and IMID.L slightly higher at 17.84%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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JPTC.L vs. IMID.L - Expense Ratio Comparison
JPTC.L has a 0.19% expense ratio, which is lower than IMID.L's 0.40% expense ratio.
Risk-Adjusted Performance
JPTC.L vs. IMID.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Carbon Transition Global Equity UCITS ETF USD (acc) (JPTC.L) and SPDR MSCI ACWI IMI (IMID.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.
Dividends
JPTC.L vs. IMID.L - Dividend Comparison
Neither JPTC.L nor IMID.L has paid dividends to shareholders.
Drawdowns
JPTC.L vs. IMID.L - Drawdown Comparison
The maximum JPTC.L drawdown since its inception was -10.77%, smaller than the maximum IMID.L drawdown of -39.56%. Use the drawdown chart below to compare losses from any high point for JPTC.L and IMID.L. For additional features, visit the drawdowns tool.
Volatility
JPTC.L vs. IMID.L - Volatility Comparison
The current volatility for JPMorgan Carbon Transition Global Equity UCITS ETF USD (acc) (JPTC.L) is 2.76%, while SPDR MSCI ACWI IMI (IMID.L) has a volatility of 3.01%. This indicates that JPTC.L experiences smaller price fluctuations and is considered to be less risky than IMID.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.