JRDM.L vs. JEIP.L

Last updated Jun 4, 2026

JRDM.L (JPMorgan Global Emerging Markets Research Enhanced Index Equity (ESG) UCITS ETF USD (dist)) and JEIP.L (JPM US Equity Premium Income Active UCITS ETF USD Dist) are both exchange-traded funds - JRDM.L is a Emerging Markets Equities fund tracking the MSCI EM NR USD, while JEIP.L is a Derivative Income fund actively managed by JPMorgan. JRDM.L is passively managed, while JEIP.L is actively managed. Over the past year, JRDM.L returned 62.06% vs 9.41% for JEIP.L. At a 0.22 correlation, their price movements are largely independent. JRDM.L charges 0.30%/yr vs 0.35%/yr for JEIP.L.

Performance

JRDM.L vs. JEIP.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in JPMorgan Global Emerging Markets Research Enhanced Index Equity (ESG) UCITS ETF USD (dist) (JRDM.L) and JPM US Equity Premium Income Active UCITS ETF USD Dist (JEIP.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JRDM.L achieves a 31.14% return, which is significantly higher than JEIP.L's 0.09% return.

JRDM.L

• 1D: -0.84%
• 1M: 10.87%
• YTD: 31.14%
• 6M: 33.65%
• 1Y: 62.06%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JEIP.L

• 1D: 0.67%
• 1M: -0.45%
• YTD: 0.09%
• 6M: 0.12%
• 1Y: 9.41%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JRDM.L vs. JEIP.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024
JRDM.L JPMorgan Global Emerging Markets Research Enhanced Index Equity (ESG) UCITS ETF USD (dist)	31.14%	25.58%	-1.18%
JEIP.L JPM US Equity Premium Income Active UCITS ETF USD Dist	0.09%	0.86%	0.59%

Correlation

The correlation between JRDM.L and JEIP.L is 0.10, 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	0.10
Correlation (All Time) Calculated using the full available price history since Nov 7, 2024	0.22

The correlation between JRDM.L and JEIP.L shifts across timeframes, from 0.10 (1 year) to 0.22 (all time), reflecting how their relationship changes across market environments.

JRDM.L vs. JEIP.L - Sectors Allocation Comparison

Sectors	JRDM.L	JEIP.L
Technology	37.5%	22.0%
Financial Services	20.3%	9.6%
Consumer Cyclical	10.7%	11.4%
Communication Services	7.3%	7.6%
Industrials	6.8%	13.2%
Basic Materials	5.9%	1.6%
Energy	4.5%	3.3%
Healthcare	2.7%	13.5%
Consumer Defensive	2.5%	8.6%
Utilities	1.6%	5.2%
Real Estate	0.4%	3.3%

Return for Risk

JRDM.L vs. JEIP.L — Risk / Return Rank

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

JRDM.L

JRDM.L Risk / Return Rank: 94
JRDM.L Sharpe Ratio Rank: 96
JRDM.L Sortino Ratio Rank: 95
JRDM.L Omega Ratio Rank: 95
JRDM.L Calmar Ratio Rank: 93
JRDM.L Martin Ratio Rank: 92

JEIP.L

JEIP.L Risk / Return Rank: 30
JEIP.L Sharpe Ratio Rank: 30
JEIP.L Sortino Ratio Rank: 29
JEIP.L Omega Ratio Rank: 28
JEIP.L Calmar Ratio Rank: 31
JEIP.L Martin Ratio Rank: 30

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.

JRDM.L vs. JEIP.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 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.

	JRDM.L	JEIP.L	Difference
Sharpe ratio: Return per unit of total volatility	4.04	1.12	+2.92
Sortino ratio: Return per unit of downside risk	5.12	1.61	+3.52
Omega ratio: Gain probability vs. loss probability	1.74	1.19	+0.54
Calmar ratio: Return relative to maximum drawdown	6.66	1.52	+5.14
Martin ratio: Return relative to average drawdown	22.51	4.45	+18.06
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JRDM.L vs. JEIP.L - Sharpe Ratio Comparison

The current JRDM.L Sharpe Ratio is 4.04, which is higher than the JEIP.L Sharpe Ratio of 1.12. The chart below compares the historical Sharpe Ratios of JRDM.L and JEIP.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.

Sharpe Ratios by Period

	JRDM.L	JEIP.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.04	1.12	+2.92
Sharpe Ratio (All Time) Calculated using the full available price history	2.28	0.09	+2.19

Drawdowns

JRDM.L vs. JEIP.L - Drawdown Comparison

The maximum JRDM.L drawdown since its inception was -14.88%, smaller than the maximum JEIP.L drawdown of -15.73%. Use the drawdown chart below to compare losses from any high point for JRDM.L and JEIP.L.

Drawdown Indicators

	JRDM.L	JEIP.L	Difference
Max Drawdown Largest peak-to-trough decline	-14.88%	-15.73%	+0.85%
Max Drawdown (1Y) Largest decline over 1 year	-10.47%	-6.18%	-4.29%
Current Drawdown Current decline from peak	-0.84%	-4.59%	+3.75%
Average Drawdown Average peak-to-trough decline	-2.43%	-5.25%	+2.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.99%	2.11%	+0.88%

Volatility

JRDM.L vs. JEIP.L - Volatility Comparison

JPMorgan Global Emerging Markets Research Enhanced Index Equity (ESG) UCITS ETF USD (dist) (JRDM.L) has a higher volatility of 7.58% compared to JPM US Equity Premium Income Active UCITS ETF USD Dist (JEIP.L) at 2.65%. This indicates that JRDM.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.

Volatility by Period

	JRDM.L	JEIP.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.58%	2.65%	+4.93%
Volatility (6M) Calculated over the trailing 6-month period	14.31%	6.23%	+8.08%
Volatility (1Y) Calculated over the trailing 1-year period	17.26%	8.40%	+8.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.71%	11.23%	+8.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.71%	11.23%	+8.48%

JRDM.L vs. JEIP.L - Expense Ratio Comparison

JRDM.L has a 0.30% expense ratio, which is lower than JEIP.L's 0.35% expense ratio.

Dividends

JRDM.L vs. JEIP.L - Dividend Comparison

JRDM.L's dividend yield for the trailing twelve months is around 1.45%, less than JEIP.L's 8.33% yield.

Position	TTM	2025	2024	2023
JEIP.L JPM US Equity Premium Income Active UCITS ETF USD Dist	8.33%	7.18%	0.61%	0.00%
JRDM.L JPMorgan Global Emerging Markets Research Enhanced Index Equity (ESG) UCITS ETF USD (dist)	1.45%	1.94%	2.24%	1.65%

Frequently Asked Questions

Can I hold both JRDM.L and JEIP.L in my portfolio?

JRDM.L and JEIP.L have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JRDM.L or JEIP.L?

On fees, JRDM.L is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JRDM.L or JEIP.L?

JRDM.L is cheaper with a 0.30% expense ratio, compared with 0.35% for JEIP.L.

What is the main difference between JRDM.L and JEIP.L?

JRDM.L is categorized as Emerging Markets Equities, while JEIP.L is Derivative Income. Their fees differ too: 0.30% for JRDM.L and 0.35% for JEIP.L.