JRBE.L vs. ETH-USD

Last updated Jun 5, 2026

JRBE.L (JPMorgan EUR Corporate Bond Research Enhanced Index (ESG) UCITS ETF) is European Corporate Bonds fund tracking the Bloomberg Euro Corp TR EUR, while ETH-USD (Ethereum) is a cryptocurrency. Over the past 5 years, JRBE.L returned 0.30%/yr vs -8.87%/yr for ETH-USD. At a 0.02 correlation, their price movements are largely independent.

Performance

JRBE.L vs. ETH-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in JPMorgan EUR Corporate Bond Research Enhanced Index (ESG) UCITS ETF (JRBE.L) and Ethereum (ETH-USD). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

JRBE.L is traded in GBP, while ETH-USD is traded in USD. To make them comparable, the ETH-USD values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, JRBE.L achieves a -0.44% return, which is significantly higher than ETH-USD's -45.75% return.

JRBE.L

• 1D: 0.22%
• 1M: 0.40%
• YTD: -0.44%
• 6M: -0.39%
• 1Y: 5.13%
• 3Y*: 4.75%
• 5Y*: 0.30%
• 10Y*: —

ETH-USD

• 1D: -9.33%
• 1M: -30.93%
• YTD: -45.75%
• 6M: -47.32%
• 1Y: -32.87%
• 3Y*: -7.67%
• 5Y*: -8.87%
• 10Y*: 61.36%

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

JRBE.L vs. ETH-USD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
JRBE.L JPMorgan EUR Corporate Bond Research Enhanced Index (ESG) UCITS ETF	-0.44%	8.52%	-0.35%	5.53%	-8.30%	-7.59%	8.06%	0.11%	0.48%
ETH-USD Ethereum	-45.75%	-17.26%	47.37%	82.17%	-63.50%	403.02%	457.03%	-5.27%	51.76%

Correlation

The correlation between JRBE.L and ETH-USD is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.07
Correlation (3Y) Calculated over the trailing 3-year period	0.01
Correlation (5Y) Calculated over the trailing 5-year period	0.04
Correlation (All Time) Calculated using the full available price history since Dec 14, 2018	0.02

The correlation between JRBE.L and ETH-USD shifts across timeframes, from -0.07 (1 year) to 0.04 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

JRBE.L vs. ETH-USD — Risk / Return Rank

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

JRBE.L

JRBE.L Risk / Return Rank: 27
JRBE.L Sharpe Ratio Rank: 29
JRBE.L Sortino Ratio Rank: 28
JRBE.L Omega Ratio Rank: 26
JRBE.L Calmar Ratio Rank: 26
JRBE.L Martin Ratio Rank: 24

ETH-USD

ETH-USD Risk / Return Rank: 68
ETH-USD Sharpe Ratio Rank: 65
ETH-USD Sortino Ratio Rank: 66
ETH-USD Omega Ratio Rank: 65
ETH-USD Calmar Ratio Rank: 74
ETH-USD Martin Ratio Rank: 70

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.

JRBE.L vs. ETH-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan EUR Corporate Bond Research Enhanced Index (ESG) UCITS ETF (JRBE.L) and Ethereum (ETH-USD). 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.

	JRBE.L	ETH-USD	Difference
Sharpe ratio: Return per unit of total volatility	1.01	-0.49	+1.51
Sortino ratio: Return per unit of downside risk	1.50	-0.37	+1.87
Omega ratio: Gain probability vs. loss probability	1.18	0.96	+0.22
Calmar ratio: Return relative to maximum drawdown	1.22	-0.49	+1.71
Martin ratio: Return relative to average drawdown	3.13	-0.87	+3.99
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JRBE.L vs. ETH-USD - Sharpe Ratio Comparison

The current JRBE.L Sharpe Ratio is 1.01, which is higher than the ETH-USD Sharpe Ratio of -0.49. The chart below compares the historical Sharpe Ratios of JRBE.L and ETH-USD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	JRBE.L	ETH-USD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.01	-0.49	+1.51
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.05	-0.13	+0.17
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.65	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.09	0.76	-0.67

Drawdowns

JRBE.L vs. ETH-USD - Drawdown Comparison

The maximum JRBE.L drawdown since its inception was -21.46%, smaller than the maximum ETH-USD drawdown of -93.08%. Use the drawdown chart below to compare losses from any high point for JRBE.L and ETH-USD.

Drawdown Indicators

	JRBE.L	ETH-USD	Difference
Max Drawdown Largest peak-to-trough decline	-21.46%	-93.08%	+71.62%
Max Drawdown (1Y) Largest decline over 1 year	-3.97%	-66.57%	+62.60%
Max Drawdown (3Y) Largest decline over 3 years	-3.97%	-66.57%	+62.60%
Max Drawdown (5Y) Largest decline over 5 years	-16.77%	-75.89%	+59.12%
Max Drawdown (10Y) Largest decline over 10 years	—	-93.08%	—
Current Drawdown Current decline from peak	-5.72%	-66.57%	+60.85%
Average Drawdown Average peak-to-trough decline	-9.85%	-48.54%	+38.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.55%	43.76%	-42.21%

Volatility

JRBE.L vs. ETH-USD - Volatility Comparison

The current volatility for JPMorgan EUR Corporate Bond Research Enhanced Index (ESG) UCITS ETF (JRBE.L) is 1.46%, while Ethereum (ETH-USD) has a volatility of 14.04%. This indicates that JRBE.L experiences smaller price fluctuations and is considered to be less risky than ETH-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JRBE.L	ETH-USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.46%	14.04%	-12.58%
Volatility (6M) Calculated over the trailing 6-month period	3.67%	46.29%	-42.62%
Volatility (1Y) Calculated over the trailing 1-year period	4.76%	55.67%	-50.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.15%	58.81%	-52.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.10%	78.66%	-71.56%

Frequently Asked Questions

Can I hold both JRBE.L and ETH-USD in my portfolio?

JRBE.L and ETH-USD have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.