PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
JRDE.L vs. IEVL.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

JRDE.L vs. IEVL.L

Last updated Jun 5, 2026

JRDE.L (JPMorgan Europe Research Enhanced Index Equity (ESG) UCITS ETF EUR (dist)) and IEVL.L (iShares Edge MSCI Europe Value Factor UCITS ETF EUR Accumulating) are both Europe Equities funds - JRDE.L tracks the MSCI Europe NR EUR while IEVL.L tracks the MSCI Europe Enhanced Value Index. Both are passively managed. Over the past 3 years, JRDE.L returned 13.08%/yr vs 21.80%/yr for IEVL.L. Their correlation of 0.87 suggests significant overlap in exposure. Both charge a 0.25% expense ratio.

Performance

JRDE.L vs. IEVL.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in JPMorgan Europe Research Enhanced Index Equity (ESG) UCITS ETF EUR (dist) (JRDE.L) and iShares Edge MSCI Europe Value Factor UCITS ETF EUR Accumulating (IEVL.L). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

JRDE.L is traded in GBp, while IEVL.L is traded in EUR. To make them comparable, the IEVL.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, JRDE.L achieves a 6.47% return, which is significantly lower than IEVL.L's 13.11% return.

JRDE.L

1D
0.48%
1M
0.86%
YTD
6.47%
6M
8.47%
1Y
18.87%
3Y*
13.08%
5Y*
—
10Y*
—

IEVL.L

1D
0.17%
1M
4.83%
YTD
13.11%
6M
15.93%
1Y
36.39%
3Y*
21.80%
5Y*
14.64%
10Y*
11.78%
*Multi-year figures are annualized to reflect compound growth (CAGR)

JRDE.L vs. IEVL.L - Yearly Performance Comparison

2026 (YTD)20252024202320222021
JRDE.L
JPMorgan Europe Research Enhanced Index Equity (ESG) UCITS ETF EUR (dist)		6.47%25.66%2.21%14.40%-3.79%4.66%
IEVL.L
iShares Edge MSCI Europe Value Factor UCITS ETF EUR Accumulating		13.06%42.23%5.56%11.28%1.19%5.24%

Correlation

The correlation between JRDE.L and IEVL.L is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.90

Correlation (3Y)
Calculated over the trailing 3-year period

0.88

Correlation (All Time)
Calculated using the full available price history since Sep 23, 2021

0.87

The correlation between JRDE.L and IEVL.L has been stable across timeframes, ranging from 0.87 to 0.90 - a consistent structural relationship.

JRDE.L vs. IEVL.L - Sectors Allocation Comparison

Sectors
JRDE.L
IEVL.L

Financial Services

23.7%
22.6%

Industrials

20.4%
17.0%

Healthcare

13.3%
12.3%

Technology

8.7%
12.2%

Consumer Defensive

7.3%
8.6%

Consumer Cyclical

6.6%
6.2%

Utilities

6.0%
4.5%

Basic Materials

5.2%
6.2%

Energy

5.2%
5.1%

Communication Services

3.6%
3.7%

Real Estate

0.1%
0.6%

Financial Services

JRDE.L
23.7%
IEVL.L
22.6%

Industrials

JRDE.L
20.4%
IEVL.L
17.0%

Healthcare

JRDE.L
13.3%
IEVL.L
12.3%

Technology

JRDE.L
8.7%
IEVL.L
12.2%

Consumer Defensive

JRDE.L
7.3%
IEVL.L
8.6%

Consumer Cyclical

JRDE.L
6.6%
IEVL.L
6.2%

Utilities

JRDE.L
6.0%
IEVL.L
4.5%

Basic Materials

JRDE.L
5.2%
IEVL.L
6.2%

Energy

JRDE.L
5.2%
IEVL.L
5.1%

Communication Services

JRDE.L
3.6%
IEVL.L
3.7%

Real Estate

JRDE.L
0.1%
IEVL.L
0.6%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

JPMorgan Europe Research Enhanced Index Equity (ESG) UCITS ETF EUR (dist)

iShares Edge MSCI Europe Value Factor UCITS ETF EUR Accumulating

Often compared with JRDE.L:
JRDE.L vs. JRDM.LJRDE.L vs. JRDG.LJRDE.L vs. CS1.LJRDE.L vs. EUHD.LJRDE.L vs. V3EL.LJRDE.L vs. EEI.LJRDE.L vs. EEIP.L
Often compared with IEVL.L:
IEVL.L vs. AINF.LIEVL.L vs. FBTU.LIEVL.L vs. IUCS.LIEVL.L vs. CSKR.LIEVL.L vs. 36BA.DEIEVL.L vs. IEMA.LIEVL.L vs. GLD

Return for Risk

JRDE.L vs. IEVL.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
JRDE.L
JRDE.L Risk / Return Rank: 4141
Overall Rank
JRDE.L Sharpe Ratio Rank: 4444
Sharpe Ratio Rank
JRDE.L Sortino Ratio Rank: 4343
Sortino Ratio Rank
JRDE.L Omega Ratio Rank: 4545
Omega Ratio Rank
JRDE.L Calmar Ratio Rank: 3535
Calmar Ratio Rank
JRDE.L Martin Ratio Rank: 3939
Martin Ratio Rank
IEVL.L
IEVL.L Risk / Return Rank: 7272
Overall Rank
IEVL.L Sharpe Ratio Rank: 7575
Sharpe Ratio Rank
IEVL.L Sortino Ratio Rank: 7373
Sortino Ratio Rank
IEVL.L Omega Ratio Rank: 7575
Omega Ratio Rank
IEVL.L Calmar Ratio Rank: 6868
Calmar Ratio Rank
IEVL.L Martin Ratio Rank: 6868
Martin Ratio Rank
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.

JRDE.L vs. IEVL.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Europe Research Enhanced Index Equity (ESG) UCITS ETF EUR (dist) (JRDE.L) and iShares Edge MSCI Europe Value Factor UCITS ETF EUR Accumulating (IEVL.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.

JRDE.LIEVL.LDifference
Sharpe ratioReturn per unit of total volatility
1.53
2.68

-1.15

Sortino ratioReturn per unit of downside risk
2.16
3.61

-1.45

Omega ratioGain probability vs. loss probability

1.28

1.48

-0.20

Calmar ratioReturn relative to maximum drawdown

1.73

3.42

-1.69

Martin ratioReturn relative to average drawdown

6.00

12.70

-6.71

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JRDE.L vs. IEVL.L - Sharpe Ratio Comparison

The current JRDE.L Sharpe Ratio is 1.53, which is lower than the IEVL.L Sharpe Ratio of 2.68. The chart below compares the historical Sharpe Ratios of JRDE.L and IEVL.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Sharpe Ratios by Period

JRDE.LIEVL.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.53

2.68

-1.15

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.96

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.69

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.72

0.58

+0.14

Drawdowns

JRDE.L vs. IEVL.L - Drawdown Comparison

The maximum JRDE.L drawdown since its inception was -15.75%, smaller than the maximum IEVL.L drawdown of -34.82%. Use the drawdown chart below to compare losses from any high point for JRDE.L and IEVL.L.

Loading charts...

Drawdown Indicators

JRDE.LIEVL.LDifference

Max Drawdown

Largest peak-to-trough decline

-15.75%

-34.82%

+19.07%

Max Drawdown (1Y)

Largest decline over 1 year

-10.94%

-10.59%

-0.35%

Max Drawdown (3Y)

Largest decline over 3 years

-12.84%

-16.33%

+3.49%

Max Drawdown (5Y)

Largest decline over 5 years

—

-16.48%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-34.82%

—

Current Drawdown

Current decline from peak

-2.07%

-0.82%

-1.25%

Average Drawdown

Average peak-to-trough decline

-3.73%

-6.05%

+2.32%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.16%

2.86%

+0.30%

Volatility

JRDE.L vs. IEVL.L - Volatility Comparison

The current volatility for JPMorgan Europe Research Enhanced Index Equity (ESG) UCITS ETF EUR (dist) (JRDE.L) is 3.98%, while iShares Edge MSCI Europe Value Factor UCITS ETF EUR Accumulating (IEVL.L) has a volatility of 4.85%. This indicates that JRDE.L experiences smaller price fluctuations and is considered to be less risky than IEVL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

JRDE.LIEVL.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.98%

4.85%

-0.87%

Volatility (6M)

Calculated over the trailing 6-month period

10.29%

11.06%

-0.77%

Volatility (1Y)

Calculated over the trailing 1-year period

12.39%

13.52%

-1.13%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.16%

15.24%

-1.08%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.16%

17.13%

-2.97%

JRDE.L vs. IEVL.L - Expense Ratio Comparison

Both JRDE.L and IEVL.L have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

JRDE.L vs. IEVL.L - Dividend Comparison

JRDE.L's dividend yield for the trailing twelve months is around 2.19%, while IEVL.L has not paid dividends to shareholders.

PositionTTM2025202420232022
IEVL.L
iShares Edge MSCI Europe Value Factor UCITS ETF EUR Accumulating		0.00%0.00%0.00%0.00%0.00%
JRDE.L
JPMorgan Europe Research Enhanced Index Equity (ESG) UCITS ETF EUR (dist)		2.19%2.18%2.68%1.11%2.99%

Frequently Asked Questions

With a correlation of 0.90, JRDE.L and IEVL.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

JRDE.L and IEVL.L have the same expense ratio: 0.25% per year.

JRDE.L tracks MSCI Europe NR EUR, while IEVL.L tracks MSCI Europe Enhanced Value Index. They also come from different issuers: JPMorgan and iShares.

Portfolio Optimizer

Find the right allocation for JRDE.L and IEVL.L

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer