JREA.DE vs. NESP.L

Last updated Jun 5, 2026

JREA.DE (JPMorgan AC Asia Pacific ex Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (acc)) and NESP.L (Invesco Nasdaq-100 ESG UCITS ETF Acc) are both exchange-traded funds - JREA.DE is a Asia Pacific Equities fund tracking the JP Morgan AC Asia Pacific ex Japan Research Enhanced Index Equity (ESG), while NESP.L is a Nasdaq-100 fund tracking the Russell 1000 Growth TR USD. Both are passively managed. Over the past 3 years, JREA.DE returned 20.04%/yr vs 25.46%/yr for NESP.L. At a 0.50 correlation, their price movements are largely independent. JREA.DE charges 0.30%/yr vs 0.25%/yr for NESP.L.

Performance

JREA.DE vs. NESP.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in JPMorgan AC Asia Pacific ex Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (acc) (JREA.DE) and Invesco Nasdaq-100 ESG UCITS ETF Acc (NESP.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

JREA.DE is traded in EUR, while NESP.L is traded in GBp. To make them comparable, the NESP.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, JREA.DE achieves a 30.23% return, which is significantly higher than NESP.L's 21.65% return.

JREA.DE

• 1D: -1.51%
• 1M: 4.07%
• YTD: 30.23%
• 6M: 30.94%
• 1Y: 49.01%
• 3Y*: 20.04%
• 5Y*: —
• 10Y*: —

NESP.L

• 1D: -0.70%
• 1M: 10.58%
• YTD: 21.65%
• 6M: 20.61%
• 1Y: 40.36%
• 3Y*: 25.46%
• 5Y*: —
• 10Y*: —

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

JREA.DE vs. NESP.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
JREA.DE JPMorgan AC Asia Pacific ex Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (acc)	30.23%	14.97%	15.52%	0.94%	-9.63%
NESP.L Invesco Nasdaq-100 ESG UCITS ETF Acc	21.67%	6.89%	34.87%	51.27%	-15.46%

Correlation

The correlation between JREA.DE and NESP.L is 0.69, 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	0.69
Correlation (3Y) Calculated over the trailing 3-year period	0.56
Correlation (All Time) Calculated using the full available price history since Feb 23, 2022	0.50

The correlation between JREA.DE and NESP.L shifts across timeframes, from 0.50 (all time) to 0.69 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

JREA.DE vs. NESP.L — Risk / Return Rank

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

JREA.DE

JREA.DE Risk / Return Rank: 88
JREA.DE Sharpe Ratio Rank: 89
JREA.DE Sortino Ratio Rank: 87
JREA.DE Omega Ratio Rank: 87
JREA.DE Calmar Ratio Rank: 89
JREA.DE Martin Ratio Rank: 88

NESP.L

NESP.L Risk / Return Rank: 77
NESP.L Sharpe Ratio Rank: 87
NESP.L Sortino Ratio Rank: 84
NESP.L Omega Ratio Rank: 83
NESP.L Calmar Ratio Rank: 74
NESP.L Martin Ratio Rank: 59

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.

JREA.DE vs. NESP.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan AC Asia Pacific ex Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (acc) (JREA.DE) and Invesco Nasdaq-100 ESG UCITS ETF Acc (NESP.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.

	JREA.DE	NESP.L	Difference
Sharpe ratio: Return per unit of total volatility	2.94	2.51	+0.43
Sortino ratio: Return per unit of downside risk	3.88	3.29	+0.60
Omega ratio: Gain probability vs. loss probability	1.53	1.43	+0.10
Calmar ratio: Return relative to maximum drawdown	5.19	3.64	+1.54
Martin ratio: Return relative to average drawdown	18.76	10.58	+8.18
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JREA.DE vs. NESP.L - Sharpe Ratio Comparison

The current JREA.DE Sharpe Ratio is 2.94, which is comparable to the NESP.L Sharpe Ratio of 2.51. The chart below compares the historical Sharpe Ratios of JREA.DE and NESP.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

	JREA.DE	NESP.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.94	2.51	+0.43
Sharpe Ratio (All Time) Calculated using the full available price history	0.67	0.57	+0.10

Drawdowns

JREA.DE vs. NESP.L - Drawdown Comparison

The maximum JREA.DE drawdown since its inception was -20.14%, smaller than the maximum NESP.L drawdown of -29.94%. Use the drawdown chart below to compare losses from any high point for JREA.DE and NESP.L.

Drawdown Indicators

	JREA.DE	NESP.L	Difference
Max Drawdown Largest peak-to-trough decline	-20.14%	-29.94%	+9.80%
Max Drawdown (1Y) Largest decline over 1 year	-9.64%	-11.03%	+1.39%
Max Drawdown (3Y) Largest decline over 3 years	-20.14%	-26.45%	+6.31%
Current Drawdown Current decline from peak	-2.73%	-0.70%	-2.03%
Average Drawdown Average peak-to-trough decline	-6.28%	-10.56%	+4.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.67%	3.80%	-1.13%

Volatility

JREA.DE vs. NESP.L - Volatility Comparison

JPMorgan AC Asia Pacific ex Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (acc) (JREA.DE) has a higher volatility of 7.19% compared to Invesco Nasdaq-100 ESG UCITS ETF Acc (NESP.L) at 4.09%. This indicates that JREA.DE's price experiences larger fluctuations and is considered to be riskier than NESP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JREA.DE	NESP.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.19%	4.09%	+3.10%
Volatility (6M) Calculated over the trailing 6-month period	14.07%	11.29%	+2.78%
Volatility (1Y) Calculated over the trailing 1-year period	17.02%	16.00%	+1.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.86%	29.88%	-13.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.86%	29.88%	-13.02%

JREA.DE vs. NESP.L - Expense Ratio Comparison

JREA.DE has a 0.30% expense ratio, which is higher than NESP.L's 0.25% expense ratio.

Dividends

JREA.DE vs. NESP.L - Dividend Comparison

Neither JREA.DE nor NESP.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both JREA.DE and NESP.L in my portfolio?

JREA.DE and NESP.L have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JREA.DE or NESP.L?

On fees, NESP.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, JREA.DE or NESP.L?

NESP.L is cheaper with a 0.25% expense ratio, compared with 0.30% for JREA.DE.

What is the main difference between JREA.DE and NESP.L?

JREA.DE is categorized as Asia Pacific Equities, while NESP.L is Nasdaq-100. JREA.DE tracks JP Morgan AC Asia Pacific ex Japan Research Enhanced Index Equity (ESG), while NESP.L tracks Russell 1000 Growth TR USD. They also come from different issuers: JPMorgan and Invesco. Their fees differ too: 0.30% for JREA.DE and 0.25% for NESP.L.