JRDZ.L vs. IEQD.L
JRDZ.L (JPMorgan Eurozone Research Enhanced Index Equity (ESG) UCITS ETF EUR (dist)) and IEQD.L (iShares Edge MSCI Europe Quality Factor UCITS Dist) are both Europe Equities funds - JRDZ.L tracks the MSCI EMU NR EUR while IEQD.L tracks the MSCI Europe NR EUR. Both are passively managed. Over the past year, JRDZ.L returned 22.17% vs 9.50% for IEQD.L. At a 0.27 correlation, their price movements are largely independent. Both charge a 0.25% expense ratio.
Performance
JRDZ.L vs. IEQD.L - Performance Comparison
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Different Trading Currencies
JRDZ.L is traded in GBp, while IEQD.L is traded in EUR. To make them comparable, the IEQD.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, JRDZ.L achieves a 8.20% return, which is significantly higher than IEQD.L's 3.48% return.
JRDZ.L
- 1D
- 0.42%
- 1M
- 4.70%
- YTD
- 8.20%
- 6M
- 10.44%
- 1Y
- 22.17%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IEQD.L
- 1D
- 0.65%
- 1M
- 1.46%
- YTD
- 3.48%
- 6M
- 4.83%
- 1Y
- 9.50%
- 3Y*
- 7.92%
- 5Y*
- 6.05%
- 10Y*
- —
JRDZ.L vs. IEQD.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
JRDZ.L JPMorgan Eurozone Research Enhanced Index Equity (ESG) UCITS ETF EUR (dist) | 8.20% | 31.47% | -1.85% |
IEQD.L iShares Edge MSCI Europe Quality Factor UCITS Dist | 3.48% | 15.35% | -2.69% |
Correlation
The correlation between JRDZ.L and IEQD.L is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Oct 31, 2024 | 0.27 |
The correlation between JRDZ.L and IEQD.L shifts across timeframes, from 0.27 (all time) to 0.40 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
JRDZ.L vs. IEQD.L — Risk / Return Rank
JRDZ.L
IEQD.L
JRDZ.L vs. IEQD.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 iShares Edge MSCI Europe Quality Factor UCITS Dist (IEQD.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.
| JRDZ.L | IEQD.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +5.78 | ||
| Sortino ratioReturn per unit of downside risk | +8.09 | ||
| Omega ratioGain probability vs. loss probability | 2.16 | 1.15 | +1.01 |
| Calmar ratioReturn relative to maximum drawdown | 32.94 | 0.99 | +31.95 |
| Martin ratioReturn relative to average drawdown | 83.74 | 3.22 | +80.52 |
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
| JRDZ.L | IEQD.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 6.59 | 0.81 | +5.78 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.44 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 7.14 | 0.53 | +6.61 |
Drawdowns
JRDZ.L vs. IEQD.L - Drawdown Comparison
The maximum JRDZ.L drawdown since its inception was -4.00%, smaller than the maximum IEQD.L drawdown of -25.89%. Use the drawdown chart below to compare losses from any high point for JRDZ.L and IEQD.L.
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Drawdown Indicators
| JRDZ.L | IEQD.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.00% | -25.89% | +21.89% |
Max Drawdown (1Y)Largest decline over 1 year | -4.00% | -9.56% | +5.56% |
Max Drawdown (3Y)Largest decline over 3 years | — | -12.12% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -17.81% | — |
Current DrawdownCurrent decline from peak | -0.05% | -3.15% | +3.10% |
Average DrawdownAverage peak-to-trough decline | -1.05% | -4.18% | +3.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.94% | — |
Volatility
JRDZ.L vs. IEQD.L - Volatility Comparison
JPMorgan Eurozone Research Enhanced Index Equity (ESG) UCITS ETF EUR (dist) (JRDZ.L) has a higher volatility of 4.56% compared to iShares Edge MSCI Europe Quality Factor UCITS Dist (IEQD.L) at 4.05%. This indicates that JRDZ.L's price experiences larger fluctuations and is considered to be riskier than IEQD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JRDZ.L | IEQD.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.56% | 4.05% | +0.51% |
Volatility (6M)Calculated over the trailing 6-month period | — | 9.48% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 20.18% | 11.66% | +8.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.37% | 13.79% | +9.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.37% | 15.14% | +8.23% |
JRDZ.L vs. IEQD.L - Expense Ratio Comparison
Both JRDZ.L and IEQD.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
JRDZ.L vs. IEQD.L - Dividend Comparison
JRDZ.L's dividend yield for the trailing twelve months is around 2.29%, more than IEQD.L's 2.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
IEQD.L iShares Edge MSCI Europe Quality Factor UCITS Dist | 2.09% | 2.18% | 2.37% | 2.74% | 2.69% | 1.96% | 2.21% | 2.89% | 2.93% |
JRDZ.L JPMorgan Eurozone Research Enhanced Index Equity (ESG) UCITS ETF EUR (dist) | 2.29% | 2.55% | 0.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
JRDZ.L and IEQD.L have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
JRDZ.L and IEQD.L have the same expense ratio: 0.25% per year.
JRDZ.L tracks MSCI EMU NR EUR, while IEQD.L tracks MSCI Europe NR EUR. They also come from different issuers: JPMorgan and iShares.
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