JRDZ.L vs. IMIB.L

Last updated Jun 5, 2026

JRDZ.L (JPMorgan Eurozone Research Enhanced Index Equity (ESG) UCITS ETF EUR (dist)) and IMIB.L (iShares FTSE MIB UCITS ETF EUR (Dist)) are both Europe Equities funds - JRDZ.L tracks the MSCI EMU NR EUR while IMIB.L tracks the FTSE Italia AllShare TR EUR. Both are passively managed. Over the past year, JRDZ.L returned 22.17% vs 27.71% for IMIB.L. At a 0.26 correlation, their price movements are largely independent. JRDZ.L charges 0.25%/yr vs 0.35%/yr for IMIB.L.

Performance

JRDZ.L vs. IMIB.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 iShares FTSE MIB UCITS ETF EUR (Dist) (IMIB.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 8.20% return, which is significantly lower than IMIB.L's 11.33% return.

JRDZ.L

• 1D: 0.42%
• 1M: 1.67%
• YTD: 8.20%
• 6M: 10.44%
• 1Y: 22.17%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IMIB.L

• 1D: 0.02%
• 1M: 0.31%
• YTD: 11.33%
• 6M: 14.72%
• 1Y: 27.71%
• 3Y*: 23.85%
• 5Y*: 15.08%
• 10Y*: 12.13%

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

JRDZ.L vs. IMIB.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%
IMIB.L iShares FTSE MIB UCITS ETF EUR (Dist)	11.33%	38.08%	-1.88%

Correlation

The correlation between JRDZ.L and IMIB.L is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.30
Correlation (All Time) Calculated using the full available price history since Oct 31, 2024	0.26

Return for Risk

JRDZ.L vs. IMIB.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: 99
JRDZ.L Sharpe Ratio Rank: 99
JRDZ.L Sortino Ratio Rank: 99
JRDZ.L Omega Ratio Rank: 98
JRDZ.L Calmar Ratio Rank: 99
JRDZ.L Martin Ratio Rank: 98

IMIB.L

IMIB.L Risk / Return Rank: 55
IMIB.L Sharpe Ratio Rank: 56
IMIB.L Sortino Ratio Rank: 54
IMIB.L Omega Ratio Rank: 54
IMIB.L Calmar Ratio Rank: 57
IMIB.L Martin Ratio Rank: 54

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. IMIB.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 FTSE MIB UCITS ETF EUR (Dist) (IMIB.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	IMIB.L	Difference
Sharpe ratio: Return per unit of total volatility	6.59	1.87	+4.73
Sortino ratio: Return per unit of downside risk	9.28	2.56	+6.72
Omega ratio: Gain probability vs. loss probability	2.16	1.33	+0.83
Calmar ratio: Return relative to maximum drawdown	32.94	2.78	+30.16
Martin ratio: Return relative to average drawdown	83.74	9.17	+74.57
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current JRDZ.L Sharpe Ratio is 6.59, which is higher than the IMIB.L Sharpe Ratio of 1.87. The chart below compares the historical Sharpe Ratios of JRDZ.L and IMIB.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

	JRDZ.L	IMIB.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	6.59	1.87	+4.73
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.83	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.61	—
Sharpe Ratio (All Time) Calculated using the full available price history	7.14	0.11	+7.03

Drawdowns

JRDZ.L vs. IMIB.L - Drawdown Comparison

The maximum JRDZ.L drawdown since its inception was -4.00%, smaller than the maximum IMIB.L drawdown of -65.01%. Use the drawdown chart below to compare losses from any high point for JRDZ.L and IMIB.L.

Drawdown Indicators

	JRDZ.L	IMIB.L	Difference
Max Drawdown Largest peak-to-trough decline	-4.00%	-65.01%	+61.01%
Max Drawdown (1Y) Largest decline over 1 year	-4.00%	-10.28%	+6.28%
Max Drawdown (3Y) Largest decline over 3 years	—	-15.58%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-26.95%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-37.60%	—
Current Drawdown Current decline from peak	-0.05%	-0.64%	+0.59%
Average Drawdown Average peak-to-trough decline	-1.05%	-31.09%	+30.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.12%	—

Volatility

JRDZ.L vs. IMIB.L - Volatility Comparison

The current volatility for JPMorgan Eurozone Research Enhanced Index Equity (ESG) UCITS ETF EUR (dist) (JRDZ.L) is 4.56%, while iShares FTSE MIB UCITS ETF EUR (Dist) (IMIB.L) has a volatility of 4.94%. This indicates that JRDZ.L experiences smaller price fluctuations and is considered to be less risky than IMIB.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JRDZ.L	IMIB.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.56%	4.94%	-0.38%
Volatility (6M) Calculated over the trailing 6-month period	—	12.23%	—
Volatility (1Y) Calculated over the trailing 1-year period	20.18%	15.32%	+4.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.37%	18.12%	+5.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.37%	19.71%	+3.66%

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

JRDZ.L has a 0.25% expense ratio, which is lower than IMIB.L's 0.35% expense ratio.

Dividends

JRDZ.L vs. IMIB.L - Dividend Comparison

JRDZ.L's dividend yield for the trailing twelve months is around 2.29%, more than IMIB.L's 0.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IMIB.L iShares FTSE MIB UCITS ETF EUR (Dist)	0.04%	0.04%	0.05%	0.04%	0.04%	0.03%	0.01%	0.03%	0.03%	0.02%	0.03%	0.02%
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%	0.00%	0.00%	0.00%

Frequently Asked Questions

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

JRDZ.L and IMIB.L have a correlation of 0.30, 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 IMIB.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 IMIB.L?

JRDZ.L is cheaper with a 0.25% expense ratio, compared with 0.35% for IMIB.L.

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

JRDZ.L tracks MSCI EMU NR EUR, while IMIB.L tracks FTSE Italia AllShare TR EUR. They also come from different issuers: JPMorgan and iShares. Their fees differ too: 0.25% for JRDZ.L and 0.35% for IMIB.L.