JRAE.L vs. JEIP.L
JRAE.L (JPMorgan AC Asia Pacific ex Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (acc)) and JEIP.L (JPM US Equity Premium Income Active UCITS ETF USD Dist) are both exchange-traded funds - JRAE.L is a Asia Pacific Equities fund tracking the MSCI AC Asia Pac Ex JPN NR USD, while JEIP.L is a Derivative Income fund actively managed by JPMorgan. JRAE.L is passively managed, while JEIP.L is actively managed. Over the past year, JRAE.L returned 54.30% vs 9.32% for JEIP.L. At a 0.24 correlation, their price movements are largely independent. JRAE.L charges 0.30%/yr vs 0.35%/yr for JEIP.L.
Performance
JRAE.L vs. JEIP.L - Performance Comparison
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Returns By Period
In the year-to-date period, JRAE.L achieves a 28.94% return, which is significantly higher than JEIP.L's 0.23% return.
JRAE.L
- 1D
- -1.76%
- 1M
- 6.60%
- YTD
- 28.94%
- 6M
- 31.22%
- 1Y
- 54.30%
- 3Y*
- 20.15%
- 5Y*
- —
- 10Y*
- —
JEIP.L
- 1D
- 0.14%
- 1M
- -0.02%
- YTD
- 0.23%
- 6M
- 0.29%
- 1Y
- 9.32%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JRAE.L vs. JEIP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
JRAE.L JPMorgan AC Asia Pacific ex Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (acc) | 28.94% | 20.80% | -0.75% |
JEIP.L JPM US Equity Premium Income Active UCITS ETF USD Dist | 0.23% | 0.86% | 0.59% |
Correlation
The correlation between JRAE.L and JEIP.L is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Nov 7, 2024 | 0.24 |
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Return for Risk
JRAE.L vs. JEIP.L — Risk / Return Rank
JRAE.L
JEIP.L
JRAE.L vs. JEIP.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 JPM US Equity Premium Income Active UCITS ETF USD Dist (JEIP.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 | JEIP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.26 | ||
| Sortino ratioReturn per unit of downside risk | +2.75 | ||
| Omega ratioGain probability vs. loss probability | 1.62 | 1.19 | +0.43 |
| Calmar ratioReturn relative to maximum drawdown | 5.62 | 1.50 | +4.12 |
| Martin ratioReturn relative to average drawdown | 19.32 | 4.37 | +14.95 |
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 | JEIP.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.37 | 1.11 | +2.26 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.89 | 0.10 | +0.80 |
Drawdowns
JRAE.L vs. JEIP.L - Drawdown Comparison
The maximum JRAE.L drawdown since its inception was -16.72%, which is greater than JEIP.L's maximum drawdown of -15.73%. Use the drawdown chart below to compare losses from any high point for JRAE.L and JEIP.L.
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Drawdown Indicators
| JRAE.L | JEIP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.72% | -15.73% | -0.99% |
Max Drawdown (1Y)Largest decline over 1 year | -9.61% | -6.18% | -3.43% |
Max Drawdown (3Y)Largest decline over 3 years | -16.72% | — | — |
Current DrawdownCurrent decline from peak | -2.58% | -4.46% | +1.88% |
Average DrawdownAverage peak-to-trough decline | -5.61% | -5.25% | -0.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.80% | 2.13% | +0.67% |
Volatility
JRAE.L vs. JEIP.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 JPM US Equity Premium Income Active UCITS ETF USD Dist (JEIP.L) at 2.64%. This indicates that JRAE.L's price experiences larger fluctuations and is considered to be riskier than JEIP.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 | JEIP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.21% | 2.64% | +4.57% |
Volatility (6M)Calculated over the trailing 6-month period | 13.48% | 6.23% | +7.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.06% | 8.39% | +7.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.83% | 11.22% | +4.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.83% | 11.22% | +4.61% |
JRAE.L vs. JEIP.L - Expense Ratio Comparison
JRAE.L has a 0.30% expense ratio, which is lower than JEIP.L's 0.35% expense ratio.
Dividends
JRAE.L vs. JEIP.L - Dividend Comparison
JRAE.L has not paid dividends to shareholders, while JEIP.L's dividend yield for the trailing twelve months is around 8.32%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
JEIP.L JPM US Equity Premium Income Active UCITS ETF USD Dist | 8.32% | 7.18% | 0.61% |
JRAE.L JPMorgan AC Asia Pacific ex Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (acc) | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
JRAE.L and JEIP.L have a correlation of 0.15, 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 0.35% for JEIP.L.
JRAE.L is categorized as Asia Pacific Equities, while JEIP.L is Derivative Income. Their fees differ too: 0.30% for JRAE.L and 0.35% for JEIP.L.
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