JRAE.L vs. ASDV.L
JRAE.L (JPMorgan AC Asia Pacific ex Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (acc)) and ASDV.L (SPDR S&P Pan Asia Dividend Aristocrats UCITS) are both Asia Pacific Equities funds - JRAE.L tracks the MSCI AC Asia Pac Ex JPN NR USD while ASDV.L tracks the MSCI AC Asia Pacific NR USD. Both are passively managed. Over the past 3 years, JRAE.L returned 20.15%/yr vs 10.55%/yr for ASDV.L. A 0.64 correlation means they provide meaningful diversification when combined. JRAE.L charges 0.30%/yr vs 0.55%/yr for ASDV.L.
Performance
JRAE.L vs. ASDV.L - Performance Comparison
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Different Trading Currencies
JRAE.L is traded in GBp, while ASDV.L is traded in USD. To make them comparable, the ASDV.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, JRAE.L achieves a 28.94% return, which is significantly higher than ASDV.L's 3.78% return.
JRAE.L
- 1D
- -1.76%
- 1M
- 6.60%
- YTD
- 28.94%
- 6M
- 31.22%
- 1Y
- 54.30%
- 3Y*
- 20.15%
- 5Y*
- —
- 10Y*
- —
ASDV.L
- 1D
- -0.44%
- 1M
- 0.35%
- YTD
- 3.78%
- 6M
- 1.87%
- 1Y
- 12.99%
- 3Y*
- 10.55%
- 5Y*
- 5.25%
- 10Y*
- 7.45%
JRAE.L vs. ASDV.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
JRAE.L JPMorgan AC Asia Pacific ex Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (acc) | 28.94% | 20.80% | 10.58% | -1.23% | -1.04% |
ASDV.L SPDR S&P Pan Asia Dividend Aristocrats UCITS | 3.78% | 14.49% | 6.67% | 9.70% | -3.46% |
Correlation
The correlation between JRAE.L and ASDV.L is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.65 |
Correlation (All Time) Calculated using the full available price history since May 9, 2022 | 0.64 |
The correlation between JRAE.L and ASDV.L shifts across timeframes, from 0.46 (1 year) to 0.65 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
JRAE.L vs. ASDV.L — Risk / Return Rank
JRAE.L
ASDV.L
JRAE.L vs. ASDV.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan AC Asia Pacific ex Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (acc) (JRAE.L) and SPDR S&P Pan Asia Dividend Aristocrats UCITS (ASDV.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.
| JRAE.L | ASDV.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.17 | ||
| Sortino ratioReturn per unit of downside risk | +2.66 | ||
| Omega ratioGain probability vs. loss probability | 1.62 | 1.22 | +0.41 |
| Calmar ratioReturn relative to maximum drawdown | 5.62 | 1.94 | +3.68 |
| Martin ratioReturn relative to average drawdown | 19.32 | 4.84 | +14.48 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| JRAE.L | ASDV.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.37 | 1.20 | +2.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.39 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.50 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.89 | 0.49 | +0.40 |
Drawdowns
JRAE.L vs. ASDV.L - Drawdown Comparison
The maximum JRAE.L drawdown since its inception was -16.72%, smaller than the maximum ASDV.L drawdown of -27.03%. Use the drawdown chart below to compare losses from any high point for JRAE.L and ASDV.L.
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Drawdown Indicators
| JRAE.L | ASDV.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.72% | -27.03% | +10.31% |
Max Drawdown (1Y)Largest decline over 1 year | -9.61% | -6.67% | -2.94% |
Max Drawdown (3Y)Largest decline over 3 years | -16.72% | -10.42% | -6.30% |
Max Drawdown (5Y)Largest decline over 5 years | — | -20.03% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -25.32% | — |
Current DrawdownCurrent decline from peak | -2.58% | -4.30% | +1.72% |
Average DrawdownAverage peak-to-trough decline | -5.61% | -5.60% | -0.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.80% | 2.68% | +0.12% |
Volatility
JRAE.L vs. ASDV.L - Volatility Comparison
JPMorgan AC Asia Pacific ex Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (acc) (JRAE.L) has a higher volatility of 7.21% compared to SPDR S&P Pan Asia Dividend Aristocrats UCITS (ASDV.L) at 3.42%. This indicates that JRAE.L's price experiences larger fluctuations and is considered to be riskier than ASDV.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JRAE.L | ASDV.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.21% | 3.42% | +3.79% |
Volatility (6M)Calculated over the trailing 6-month period | 13.48% | 8.79% | +4.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.06% | 10.75% | +5.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.83% | 13.30% | +2.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.83% | 14.95% | +0.88% |
JRAE.L vs. ASDV.L - Expense Ratio Comparison
JRAE.L has a 0.30% expense ratio, which is lower than ASDV.L's 0.55% expense ratio.
Dividends
JRAE.L vs. ASDV.L - Dividend Comparison
JRAE.L has not paid dividends to shareholders, while ASDV.L's dividend yield for the trailing twelve months is around 2.89%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASDV.L SPDR S&P Pan Asia Dividend Aristocrats UCITS | 2.89% | 2.85% | 3.11% | 2.89% | 3.63% | 2.98% | 2.82% | 2.65% | 2.52% | 1.70% | 2.37% | 3.24% |
JRAE.L JPMorgan AC Asia Pacific ex Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
JRAE.L and ASDV.L have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JRAE.L is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JRAE.L is cheaper with a 0.30% expense ratio, compared with 0.55% for ASDV.L.
JRAE.L tracks MSCI AC Asia Pac Ex JPN NR USD, while ASDV.L tracks MSCI AC Asia Pacific NR USD. They also come from different issuers: JPMorgan and State Street. Their fees differ too: 0.30% for JRAE.L and 0.55% for ASDV.L.
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