JRDZ.L vs. FEUD.L

Last updated Jun 26, 2026

JRDZ.L (JPMorgan Eurozone Research Enhanced Index Equity (ESG) UCITS ETF EUR (dist)) and FEUD.L (First Trust Eurozone AlphaDEX® UCITS ETF Class B Shares) are both Europe Equities funds tracking the MSCI EMU NR EUR, from JPMorgan and First Trust respectively. Both are passively managed. Over the past 3 years, JRDZ.L returned 41.16%/yr vs 23.86%/yr for FEUD.L. Their correlation of 0.84 suggests significant overlap in exposure. JRDZ.L charges 0.25%/yr vs 0.75%/yr for FEUD.L.

Performance

JRDZ.L vs. FEUD.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in JPMorgan Eurozone Research Enhanced Index Equity (ESG) UCITS ETF EUR (dist) (JRDZ.L) and First Trust Eurozone AlphaDEX® UCITS ETF Class B Shares (FEUD.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JRDZ.L achieves a 93.46% return, which is significantly higher than FEUD.L's 12.42% return.

JRDZ.L

• 1D: -0.39%
• 1M: 2.57%
• YTD: 93.46%
• 6M: 94.50%
• 1Y: 119.59%
• 3Y*: 41.16%
• 5Y*: —
• 10Y*: —

FEUD.L

• 1D: 0.49%
• 1M: 0.07%
• YTD: 12.42%
• 6M: 13.19%
• 1Y: 33.62%
• 3Y*: 23.86%
• 5Y*: 12.45%
• 10Y*: —

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

JRDZ.L vs. FEUD.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
JRDZ.L JPMorgan Eurozone Research Enhanced Index Equity (ESG) UCITS ETF EUR (dist)	93.46%	29.99%	3.37%	17.81%	-10.01%
FEUD.L First Trust Eurozone AlphaDEX® UCITS ETF Class B Shares	12.42%	46.98%	7.06%	10.07%	0.54%

Correlation

The correlation between JRDZ.L and FEUD.L is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.74
Correlation (3Y) Calculated over the trailing 3-year period	0.83
Correlation (All Time) Calculated using the full available price history since Apr 26, 2022	0.84

The correlation between JRDZ.L and FEUD.L shifts across timeframes, from 0.74 (1 year) to 0.84 (all time), reflecting how their relationship changes across market environments.

Return for Risk

JRDZ.L vs. FEUD.L — Risk / Return Rank

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

JRDZ.L

JRDZ.L Risk / Return Rank: 50
JRDZ.L Sharpe Ratio Rank: 9
JRDZ.L Sortino Ratio Rank: 100
JRDZ.L Omega Ratio Rank: 100
JRDZ.L Calmar Ratio Rank: 26
JRDZ.L Martin Ratio Rank: 17

FEUD.L

FEUD.L Risk / Return Rank: 79
FEUD.L Sharpe Ratio Rank: 85
FEUD.L Sortino Ratio Rank: 81
FEUD.L Omega Ratio Rank: 85
FEUD.L Calmar Ratio Rank: 71
FEUD.L Martin Ratio Rank: 71

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.

JRDZ.L vs. FEUD.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Eurozone Research Enhanced Index Equity (ESG) UCITS ETF EUR (dist) (JRDZ.L) and First Trust Eurozone AlphaDEX® UCITS ETF Class B Shares (FEUD.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	JRDZ.L	FEUD.L	Difference
Sharpe ratio: Return per unit of total volatility	0.00	2.41	-2.41
Sortino ratio: Return per unit of downside risk	299.22	3.17	+296.05
Omega ratio: Gain probability vs. loss probability	93.37	1.45	+91.92
Calmar ratio: Return relative to maximum drawdown	1.20	3.16	-1.95
Martin ratio: Return relative to average drawdown	1.66	11.63	-9.97

JRDZ.L vs. FEUD.L - Sharpe Ratio Comparison

The current JRDZ.L Sharpe Ratio is 0.00, which is lower than the FEUD.L Sharpe Ratio of 2.41. The chart below compares the historical Sharpe Ratios of JRDZ.L and FEUD.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.

Drawdowns

JRDZ.L vs. FEUD.L - Drawdown Comparison

The maximum JRDZ.L drawdown since its inception was -99.04%, which is greater than FEUD.L's maximum drawdown of -41.36%. Use the drawdown chart below to compare losses from any high point for JRDZ.L and FEUD.L.

Drawdown Indicators

	JRDZ.L	FEUD.L	Difference
Max Drawdown Largest peak-to-trough decline	-99.04%	-41.36%	-57.68%
Max Drawdown (1Y) Largest decline over 1 year	-99.04%	-10.60%	-88.44%
Max Drawdown (3Y) Largest decline over 3 years	-99.04%	-14.03%	-85.01%
Max Drawdown (5Y) Largest decline over 5 years	—	-23.59%	—
Current Drawdown Current decline from peak	-1.95%	-1.24%	-0.71%
Average Drawdown Average peak-to-trough decline	-17.37%	-9.71%	-7.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	71.56%	2.88%	+68.68%

Volatility

JRDZ.L vs. FEUD.L - Volatility Comparison

JPMorgan Eurozone Research Enhanced Index Equity (ESG) UCITS ETF EUR (dist) (JRDZ.L) has a higher volatility of 4.11% compared to First Trust Eurozone AlphaDEX® UCITS ETF Class B Shares (FEUD.L) at 3.25%. This indicates that JRDZ.L's price experiences larger fluctuations and is considered to be riskier than FEUD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JRDZ.L	FEUD.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.11%	3.25%	+0.86%
Volatility (6M) Calculated over the trailing 6-month period	1,223.98%	11.57%	+1,212.41%
Volatility (1Y) Calculated over the trailing 1-year period	29,377.92%	13.88%	+29,364.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14,560.19%	16.53%	+14,543.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14,560.19%	18.69%	+14,541.50%

JRDZ.L vs. FEUD.L - Expense Ratio Comparison

JRDZ.L has a 0.25% expense ratio, which is lower than FEUD.L's 0.75% expense ratio.

Dividends

JRDZ.L vs. FEUD.L - Dividend Comparison

JRDZ.L's dividend yield for the trailing twelve months is around 2.24%, less than FEUD.L's 4.39% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
FEUD.L First Trust Eurozone AlphaDEX® UCITS ETF Class B Shares	4.39%	3.05%	5.94%	2.76%	2.50%	1.95%	1.01%	1.78%
JRDZ.L JPMorgan Eurozone Research Enhanced Index Equity (ESG) UCITS ETF EUR (dist)	2.24%	2.55%	2.80%	3.25%	1.69%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JRDZ.L and FEUD.L in my portfolio?

JRDZ.L and FEUD.L have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JRDZ.L or FEUD.L?

On fees, JRDZ.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JRDZ.L or FEUD.L?

JRDZ.L is cheaper with a 0.25% expense ratio, compared with 0.75% for FEUD.L.

What is the main difference between JRDZ.L and FEUD.L?

Both ETFs track MSCI EMU NR EUR. They also come from different issuers: JPMorgan and First Trust. Their fees differ too: 0.25% for JRDZ.L and 0.75% for FEUD.L.