JRDM.L vs. UC79.L

Last updated Jun 4, 2026

JRDM.L (JPMorgan Global Emerging Markets Research Enhanced Index Equity (ESG) UCITS ETF USD (dist)) and UC79.L (UBS ETF (LU) MSCI Emerging Markets Socially Responsible UCITS ETF (USD) A-dis) are both Emerging Markets Equities funds tracking the MSCI EM NR USD, from JPMorgan and UBS respectively. Both are passively managed. Over the past year, JRDM.L returned 62.06% vs 69.37% for UC79.L. A 0.57 correlation means they provide meaningful diversification when combined. JRDM.L charges 0.30%/yr vs 0.27%/yr for UC79.L.

Performance

JRDM.L vs. UC79.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 UBS ETF (LU) MSCI Emerging Markets Socially Responsible UCITS ETF (USD) A-dis (UC79.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 lower than UC79.L's 35.46% return.

JRDM.L

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

UC79.L

• 1D: -0.83%
• 1M: 13.43%
• YTD: 35.46%
• 6M: 38.06%
• 1Y: 69.37%
• 3Y*: 25.05%
• 5Y*: 10.60%
• 10Y*: 11.10%

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

JRDM.L vs. UC79.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JRDM.L JPMorgan Global Emerging Markets Research Enhanced Index Equity (ESG) UCITS ETF USD (dist)	31.14%	25.58%	12.44%	-3.30%
UC79.L UBS ETF (LU) MSCI Emerging Markets Socially Responsible UCITS ETF (USD) A-dis	35.46%	26.95%	10.88%	0.86%

Correlation

The correlation between JRDM.L and UC79.L is 0.83, 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	0.83
Correlation (All Time) Calculated using the full available price history since Jul 25, 2023	0.57

Over the past year, JRDM.L and UC79.L have become more correlated (0.83) than their long-term average of 0.57, meaning their price movements have been converging.

JRDM.L vs. UC79.L - Sectors Allocation Comparison

Sectors	JRDM.L	UC79.L
Technology	37.5%	38.0%
Financial Services	20.3%	22.6%
Consumer Cyclical	10.7%	11.0%
Communication Services	7.3%	8.0%
Industrials	6.8%	8.3%
Basic Materials	5.9%	3.3%
Energy	4.5%	0.2%
Healthcare	2.7%	3.6%
Consumer Defensive	2.5%	2.8%
Utilities	1.6%	1.0%
Real Estate	0.4%	1.3%

Return for Risk

JRDM.L vs. UC79.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

UC79.L

UC79.L Risk / Return Rank: 55
UC79.L Sharpe Ratio Rank: 45
UC79.L Sortino Ratio Rank: 50
UC79.L Omega Ratio Rank: 92
UC79.L Calmar Ratio Rank: 54
UC79.L Martin Ratio Rank: 32

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. UC79.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 UBS ETF (LU) MSCI Emerging Markets Socially Responsible UCITS ETF (USD) A-dis (UC79.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	UC79.L	Difference
Sharpe ratio: Return per unit of total volatility	4.04	1.55	+2.49
Sortino ratio: Return per unit of downside risk	5.12	2.38	+2.74
Omega ratio: Gain probability vs. loss probability	1.74	1.61	+0.13
Calmar ratio: Return relative to maximum drawdown	6.66	2.66	+3.99
Martin ratio: Return relative to average drawdown	22.51	4.80	+17.71
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JRDM.L vs. UC79.L - Sharpe Ratio Comparison

The current JRDM.L Sharpe Ratio is 4.04, which is higher than the UC79.L Sharpe Ratio of 1.55. The chart below compares the historical Sharpe Ratios of JRDM.L and UC79.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	UC79.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.04	1.55	+2.49
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.42	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.44	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.28	0.15	+2.13

Drawdowns

JRDM.L vs. UC79.L - Drawdown Comparison

The maximum JRDM.L drawdown since its inception was -14.88%, smaller than the maximum UC79.L drawdown of -53.04%. Use the drawdown chart below to compare losses from any high point for JRDM.L and UC79.L.

Drawdown Indicators

	JRDM.L	UC79.L	Difference
Max Drawdown Largest peak-to-trough decline	-14.88%	-53.04%	+38.16%
Max Drawdown (1Y) Largest decline over 1 year	-10.47%	-25.91%	+15.44%
Max Drawdown (3Y) Largest decline over 3 years	—	-25.91%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.91%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-39.46%	—
Current Drawdown Current decline from peak	-0.84%	-0.83%	-0.01%
Average Drawdown Average peak-to-trough decline	-2.43%	-21.80%	+19.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.99%	14.42%	-11.43%

Volatility

JRDM.L vs. UC79.L - Volatility Comparison

The current volatility for JPMorgan Global Emerging Markets Research Enhanced Index Equity (ESG) UCITS ETF USD (dist) (JRDM.L) is 7.58%, while UBS ETF (LU) MSCI Emerging Markets Socially Responsible UCITS ETF (USD) A-dis (UC79.L) has a volatility of 8.44%. This indicates that JRDM.L experiences smaller price fluctuations and is considered to be less risky than UC79.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JRDM.L	UC79.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.58%	8.44%	-0.86%
Volatility (6M) Calculated over the trailing 6-month period	14.31%	15.09%	-0.78%
Volatility (1Y) Calculated over the trailing 1-year period	17.26%	44.56%	-27.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.71%	24.98%	-5.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.71%	25.01%	-5.30%

JRDM.L vs. UC79.L - Expense Ratio Comparison

JRDM.L has a 0.30% expense ratio, which is higher than UC79.L's 0.27% expense ratio.

Dividends

JRDM.L vs. UC79.L - Dividend Comparison

JRDM.L's dividend yield for the trailing twelve months is around 1.45%, less than UC79.L's 1.57% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JRDM.L JPMorgan Global Emerging Markets Research Enhanced Index Equity (ESG) UCITS ETF USD (dist)	1.45%	1.94%	2.24%	1.65%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
UC79.L UBS ETF (LU) MSCI Emerging Markets Socially Responsible UCITS ETF (USD) A-dis	1.57%	2.14%	1.79%	2.38%	2.06%	1.35%	1.81%	2.11%	2.11%	1.97%	2.15%	1.60%

Frequently Asked Questions

Can I hold both JRDM.L and UC79.L in my portfolio?

JRDM.L and UC79.L have a correlation of 0.83, 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 UC79.L?

On fees, UC79.L is cheaper at 0.27% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JRDM.L or UC79.L?

UC79.L is cheaper with a 0.27% expense ratio, compared with 0.30% for JRDM.L.

What is the main difference between JRDM.L and UC79.L?

Both ETFs track MSCI EM NR USD. They also come from different issuers: JPMorgan and UBS. Their fees differ too: 0.30% for JRDM.L and 0.27% for UC79.L.