JRDZ.L vs. OMXS.L

Last updated Jun 5, 2026

JRDZ.L (JPMorgan Eurozone Research Enhanced Index Equity (ESG) UCITS ETF EUR (dist)) and OMXS.L (iShares OMX Stockholm Capped UCITS ETF) are both Europe Equities funds - JRDZ.L tracks the MSCI EMU NR EUR while OMXS.L tracks the MSCI Sweden NR SEK. Both are passively managed. Over the past year, JRDZ.L returned 22.17% vs 25.52% for OMXS.L. At a 0.21 correlation, their price movements are largely independent. JRDZ.L charges 0.25%/yr vs 0.10%/yr for OMXS.L.

Performance

JRDZ.L vs. OMXS.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 OMX Stockholm Capped UCITS ETF (OMXS.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 higher than OMXS.L's 7.63% return.

JRDZ.L

• 1D: 0.42%
• 1M: 4.70%
• YTD: 8.20%
• 6M: 10.44%
• 1Y: 22.17%
• 3Y*: —
• 5Y*: —
• 10Y*: —

OMXS.L

• 1D: -0.06%
• 1M: 2.48%
• YTD: 7.63%
• 6M: 11.31%
• 1Y: 25.52%
• 3Y*: 14.59%
• 5Y*: 5.61%
• 10Y*: —

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

JRDZ.L vs. OMXS.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%
OMXS.L iShares OMX Stockholm Capped UCITS ETF	7.63%	26.09%	-2.78%

Correlation

The correlation between JRDZ.L and OMXS.L is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.34
Correlation (All Time) Calculated using the full available price history since Oct 31, 2024	0.21

The correlation between JRDZ.L and OMXS.L shifts across timeframes, from 0.21 (all time) to 0.34 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

JRDZ.L vs. OMXS.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

OMXS.L

OMXS.L Risk / Return Rank: 41
OMXS.L Sharpe Ratio Rank: 41
OMXS.L Sortino Ratio Rank: 42
OMXS.L Omega Ratio Rank: 41
OMXS.L Calmar Ratio Rank: 37
OMXS.L Martin Ratio Rank: 42

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. OMXS.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 OMX Stockholm Capped UCITS ETF (OMXS.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	OMXS.L	Difference
Sharpe ratio: Return per unit of total volatility	6.59	1.42	+5.17
Sortino ratio: Return per unit of downside risk	9.28	2.10	+7.18
Omega ratio: Gain probability vs. loss probability	2.16	1.26	+0.90
Calmar ratio: Return relative to maximum drawdown	32.94	1.82	+31.13
Martin ratio: Return relative to average drawdown	83.74	6.54	+77.21
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. OMXS.L - Sharpe Ratio Comparison

The current JRDZ.L Sharpe Ratio is 6.59, which is higher than the OMXS.L Sharpe Ratio of 1.42. The chart below compares the historical Sharpe Ratios of JRDZ.L and OMXS.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	OMXS.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	6.59	1.42	+5.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.27	—
Sharpe Ratio (All Time) Calculated using the full available price history	7.14	0.49	+6.65

Drawdowns

JRDZ.L vs. OMXS.L - Drawdown Comparison

The maximum JRDZ.L drawdown since its inception was -4.00%, smaller than the maximum OMXS.L drawdown of -32.75%. Use the drawdown chart below to compare losses from any high point for JRDZ.L and OMXS.L.

Drawdown Indicators

	JRDZ.L	OMXS.L	Difference
Max Drawdown Largest peak-to-trough decline	-4.00%	-32.75%	+28.75%
Max Drawdown (1Y) Largest decline over 1 year	-4.00%	-13.98%	+9.98%
Max Drawdown (3Y) Largest decline over 3 years	—	-17.14%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-32.75%	—
Current Drawdown Current decline from peak	-0.05%	-3.99%	+3.94%
Average Drawdown Average peak-to-trough decline	-1.05%	-8.64%	+7.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.89%	—

Volatility

JRDZ.L vs. OMXS.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 OMX Stockholm Capped UCITS ETF (OMXS.L) has a volatility of 6.36%. This indicates that JRDZ.L experiences smaller price fluctuations and is considered to be less risky than OMXS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JRDZ.L	OMXS.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.56%	6.36%	-1.80%
Volatility (6M) Calculated over the trailing 6-month period	—	15.07%	—
Volatility (1Y) Calculated over the trailing 1-year period	20.18%	17.95%	+2.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.37%	20.80%	+2.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.37%	20.15%	+3.22%

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

JRDZ.L has a 0.25% expense ratio, which is higher than OMXS.L's 0.10% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

JRDZ.L vs. OMXS.L - Dividend Comparison

JRDZ.L's dividend yield for the trailing twelve months is around 2.29%, while OMXS.L has not paid dividends to shareholders.

Position	TTM	2025	2024
JRDZ.L JPMorgan Eurozone Research Enhanced Index Equity (ESG) UCITS ETF EUR (dist)	2.29%	2.55%	0.19%
OMXS.L iShares OMX Stockholm Capped UCITS ETF	0.00%	0.00%	0.00%

Frequently Asked Questions

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

JRDZ.L and OMXS.L have a correlation of 0.34, 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 OMXS.L?

On fees, OMXS.L is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

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

OMXS.L is cheaper with a 0.10% expense ratio, compared with 0.25% for JRDZ.L.

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

JRDZ.L tracks MSCI EMU NR EUR, while OMXS.L tracks MSCI Sweden NR SEK. They also come from different issuers: JPMorgan and iShares. Their fees differ too: 0.25% for JRDZ.L and 0.10% for OMXS.L.