JRDM.L vs. HEMC.L
Compare and contrast key facts about JPMorgan Global Emerging Markets Research Enhanced Index Equity (ESG) UCITS ETF USD (dist) (JRDM.L) and HSBC MSCI Emerging Markets UCITS ETF USD (Acc) (HEMC.L).
JRDM.L and HEMC.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JRDM.L is a passively managed fund by JPMorgan that tracks the performance of the MSCI EM NR USD. It was launched on Dec 6, 2018. HEMC.L is a passively managed fund by HSBC that tracks the performance of the MSCI EM NR USD. It was launched on Jun 28, 2022. Both JRDM.L and HEMC.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.
Performance
JRDM.L vs. HEMC.L - Performance Comparison
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JRDM.L vs. HEMC.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
JRDM.L JPMorgan Global Emerging Markets Research Enhanced Index Equity (ESG) UCITS ETF USD (dist) | 7.40% | 25.58% | 8.51% | 1.38% | -2.39% |
HEMC.L HSBC MSCI Emerging Markets UCITS ETF USD (Acc) | 6.17% | 24.74% | 8.89% | 2.36% | -2.34% |
Different Trading Currencies
JRDM.L is traded in GBp, while HEMC.L is traded in GBP. To make them comparable, the HEMC.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, JRDM.L achieves a 7.40% return, which is significantly higher than HEMC.L's 6.17% return.
JRDM.L
- 1D
- 3.48%
- 1M
- -5.08%
- YTD
- 7.40%
- 6M
- 11.91%
- 1Y
- 32.48%
- 3Y*
- 13.68%
- 5Y*
- —
- 10Y*
- —
HEMC.L
- 1D
- 3.20%
- 1M
- -5.63%
- YTD
- 6.17%
- 6M
- 10.27%
- 1Y
- 30.61%
- 3Y*
- 13.42%
- 5Y*
- —
- 10Y*
- —
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JRDM.L vs. HEMC.L - Expense Ratio Comparison
JRDM.L has a 0.30% expense ratio, which is higher than HEMC.L's 0.15% expense ratio.
Return for Risk
JRDM.L vs. HEMC.L — Risk / Return Rank
JRDM.L
HEMC.L
JRDM.L vs. HEMC.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Global Emerging Markets Research Enhanced Index Equity (ESG) UCITS ETF USD (dist) (JRDM.L) and HSBC MSCI Emerging Markets UCITS ETF USD (Acc) (HEMC.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.
| JRDM.L | HEMC.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.93 | 1.83 | +0.10 |
Sortino ratioReturn per unit of downside risk | 2.50 | 2.37 | +0.13 |
Omega ratioGain probability vs. loss probability | 1.37 | 1.35 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 3.14 | 2.88 | +0.26 |
Martin ratioReturn relative to average drawdown | 10.81 | 10.07 | +0.74 |
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
| JRDM.L | HEMC.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.93 | 1.83 | +0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.38 | 0.68 | -0.31 |
Correlation
The correlation between JRDM.L and HEMC.L is 0.97, 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.
Dividends
JRDM.L vs. HEMC.L - Dividend Comparison
JRDM.L's dividend yield for the trailing twelve months is around 2.00%, while HEMC.L has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
JRDM.L JPMorgan Global Emerging Markets Research Enhanced Index Equity (ESG) UCITS ETF USD (dist) | 2.00% | 1.94% | 2.24% | 2.42% | 3.35% |
HEMC.L HSBC MSCI Emerging Markets UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
JRDM.L vs. HEMC.L - Drawdown Comparison
The maximum JRDM.L drawdown since its inception was -23.95%, which is greater than HEMC.L's maximum drawdown of -15.14%. Use the drawdown chart below to compare losses from any high point for JRDM.L and HEMC.L.
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Drawdown Indicators
| JRDM.L | HEMC.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.95% | -15.14% | -8.81% |
Max Drawdown (1Y)Largest decline over 1 year | -11.15% | -10.83% | -0.32% |
Current DrawdownCurrent decline from peak | -7.16% | -7.53% | +0.37% |
Average DrawdownAverage peak-to-trough decline | -9.59% | -4.36% | -5.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.05% | 3.10% | -0.05% |
Volatility
JRDM.L vs. HEMC.L - Volatility Comparison
JPMorgan Global Emerging Markets Research Enhanced Index Equity (ESG) UCITS ETF USD (dist) (JRDM.L) and HSBC MSCI Emerging Markets UCITS ETF USD (Acc) (HEMC.L) have volatilities of 7.09% and 7.02%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JRDM.L | HEMC.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.09% | 7.02% | +0.07% |
Volatility (6M)Calculated over the trailing 6-month period | 12.58% | 12.65% | -0.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.82% | 16.69% | +0.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.01% | 14.92% | +1.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.01% | 14.92% | +1.09% |