JRDZ.L vs. SX5S.L

Last updated Jun 5, 2026

JRDZ.L (JPMorgan Eurozone Research Enhanced Index Equity (ESG) UCITS ETF EUR (dist)) and SX5S.L (Invesco EURO STOXX 50 UCITS ETF) are both Europe Equities funds tracking the MSCI EMU NR EUR, from JPMorgan and Invesco respectively. Both are passively managed. Over the past year, JRDZ.L returned 22.17% vs 18.48% for SX5S.L. At a 0.29 correlation, their price movements are largely independent. JRDZ.L charges 0.25%/yr vs 0.05%/yr for SX5S.L.

Performance

JRDZ.L vs. SX5S.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 Invesco EURO STOXX 50 UCITS ETF (SX5S.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 SX5S.L's 6.46% return.

JRDZ.L

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

SX5S.L

• 1D: 0.35%
• 1M: 1.56%
• YTD: 6.46%
• 6M: 7.42%
• 1Y: 18.48%
• 3Y*: 15.51%
• 5Y*: 11.51%
• 10Y*: 11.41%

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

JRDZ.L vs. SX5S.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%
SX5S.L Invesco EURO STOXX 50 UCITS ETF	6.46%	27.68%	-0.30%

Correlation

The correlation between JRDZ.L and SX5S.L is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.38
Correlation (All Time) Calculated using the full available price history since Oct 31, 2024	0.29

Return for Risk

JRDZ.L vs. SX5S.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

SX5S.L

SX5S.L Risk / Return Rank: 35
SX5S.L Sharpe Ratio Rank: 35
SX5S.L Sortino Ratio Rank: 35
SX5S.L Omega Ratio Rank: 35
SX5S.L Calmar Ratio Rank: 34
SX5S.L Martin Ratio Rank: 36

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. SX5S.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 Invesco EURO STOXX 50 UCITS ETF (SX5S.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	SX5S.L	Difference
Sharpe ratio: Return per unit of total volatility	6.59	1.23	+5.36
Sortino ratio: Return per unit of downside risk	9.28	1.83	+7.45
Omega ratio: Gain probability vs. loss probability	2.16	1.23	+0.93
Calmar ratio: Return relative to maximum drawdown	32.94	1.62	+31.32
Martin ratio: Return relative to average drawdown	83.74	5.40	+78.34
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. SX5S.L - Sharpe Ratio Comparison

The current JRDZ.L Sharpe Ratio is 6.59, which is higher than the SX5S.L Sharpe Ratio of 1.23. The chart below compares the historical Sharpe Ratios of JRDZ.L and SX5S.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	SX5S.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	6.59	1.23	+5.36
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.69	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.73	—
Sharpe Ratio (All Time) Calculated using the full available price history	7.14	0.59	+6.55

Drawdowns

JRDZ.L vs. SX5S.L - Drawdown Comparison

The maximum JRDZ.L drawdown since its inception was -4.00%, smaller than the maximum SX5S.L drawdown of -32.54%. Use the drawdown chart below to compare losses from any high point for JRDZ.L and SX5S.L.

Drawdown Indicators

	JRDZ.L	SX5S.L	Difference
Max Drawdown Largest peak-to-trough decline	-4.00%	-32.54%	+28.54%
Max Drawdown (1Y) Largest decline over 1 year	-4.00%	-11.43%	+7.43%
Max Drawdown (3Y) Largest decline over 3 years	—	-13.85%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-21.71%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-32.54%	—
Current Drawdown Current decline from peak	-0.05%	-0.57%	+0.52%
Average Drawdown Average peak-to-trough decline	-1.05%	-5.44%	+4.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.44%	—

Volatility

JRDZ.L vs. SX5S.L - Volatility Comparison

The current volatility for JPMorgan Eurozone Research Enhanced Index Equity (ESG) UCITS ETF EUR (dist) (JRDZ.L) is 4.56%, while Invesco EURO STOXX 50 UCITS ETF (SX5S.L) has a volatility of 4.90%. This indicates that JRDZ.L experiences smaller price fluctuations and is considered to be less risky than SX5S.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JRDZ.L	SX5S.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.56%	4.90%	-0.34%
Volatility (6M) Calculated over the trailing 6-month period	—	12.23%	—
Volatility (1Y) Calculated over the trailing 1-year period	20.18%	15.09%	+5.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.37%	17.62%	+5.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.37%	19.88%	+3.49%

JRDZ.L vs. SX5S.L - Expense Ratio Comparison

JRDZ.L has a 0.25% expense ratio, which is higher than SX5S.L's 0.05% 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. SX5S.L - Dividend Comparison

JRDZ.L's dividend yield for the trailing twelve months is around 2.29%, while SX5S.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%
SX5S.L Invesco EURO STOXX 50 UCITS ETF	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JRDZ.L and SX5S.L in my portfolio?

JRDZ.L and SX5S.L have a correlation of 0.38, 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 SX5S.L?

On fees, SX5S.L is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JRDZ.L or SX5S.L?

SX5S.L is cheaper with a 0.05% expense ratio, compared with 0.25% for JRDZ.L.

What is the main difference between JRDZ.L and SX5S.L?

Both ETFs track MSCI EMU NR EUR. They also come from different issuers: JPMorgan and Invesco. Their fees differ too: 0.25% for JRDZ.L and 0.05% for SX5S.L.