JREA.L vs. IJPD.L
JREA.L (JPM AC Asia Pacific ex Japan Research Enhanced Index Equity Active UCITS ETF - USD (acc)) and IJPD.L (iShares MSCI Japan USD Hedged UCITS ETF Accumulating) are both Japan Equities funds. JREA.L is actively managed, while IJPD.L is passively managed. Over the past 3 years, JREA.L returned 19.71%/yr vs 28.86%/yr for IJPD.L. At a 0.49 correlation, their price movements are largely independent.
Performance
JREA.L vs. IJPD.L - Performance Comparison
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Returns By Period
In the year-to-date period, JREA.L achieves a 23.48% return, which is significantly higher than IJPD.L's 22.10% return.
JREA.L
- 1D
- -0.40%
- 1M
- -5.46%
- 6M
- 18.37%
- YTD
- 23.48%
- 1Y
- 39.13%
- 3Y*
- 19.71%
- 5Y*
- —
- 10Y*
- —
IJPD.L
- 1D
- -1.07%
- 1M
- 0.56%
- 6M
- 14.39%
- YTD
- 22.10%
- 1Y
- 52.00%
- 3Y*
- 28.86%
- 5Y*
- 21.89%
- 10Y*
- 16.33%
JREA.L vs. IJPD.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
JREA.L JPM AC Asia Pacific ex Japan Research Enhanced Index Equity Active UCITS ETF - USD (acc) | 23.48% | 29.63% | 8.81% | 4.45% | -11.27% |
IJPD.L iShares MSCI Japan USD Hedged UCITS ETF Accumulating | 22.10% | 29.04% | 24.14% | 35.59% | -2.15% |
Correlation
The correlation between JREA.L and IJPD.L is 0.61, 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 | 0.61 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Mar 28, 2022 | 0.49 |
The correlation between JREA.L and IJPD.L shifts across timeframes, from 0.48 (3 years) to 0.61 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
JREA.L vs. IJPD.L — Risk / Return Rank
JREA.L
IJPD.L
JREA.L vs. IJPD.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPM AC Asia Pacific ex Japan Research Enhanced Index Equity Active UCITS ETF - USD (acc) (JREA.L) and iShares MSCI Japan USD Hedged UCITS ETF Accumulating (IJPD.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| JREA.L | IJPD.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.65 | ||
| Sortino ratioReturn per unit of downside risk | -0.96 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.45 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 3.31 | 5.55 | -2.25 |
| Martin ratioReturn relative to average drawdown | 10.37 | 18.34 | -7.97 |
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Drawdowns
JREA.L vs. IJPD.L - Drawdown Comparison
The maximum JREA.L drawdown since its inception was -28.16%, smaller than the maximum IJPD.L drawdown of -31.09%. Use the drawdown chart below to compare losses from any high point for JREA.L and IJPD.L.
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Drawdown Indicators
| JREA.L | IJPD.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.16% | -31.09% | +2.93% |
Max Drawdown (1Y)Largest decline over 1 year | -11.77% | -9.32% | -2.45% |
Max Drawdown (3Y)Largest decline over 3 years | -18.58% | -21.80% | +3.22% |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.80% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -31.09% | — |
Current DrawdownCurrent decline from peak | -7.65% | -3.28% | -4.37% |
Average DrawdownAverage peak-to-trough decline | -8.39% | -6.71% | -1.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.76% | 2.83% | +0.93% |
Volatility
JREA.L vs. IJPD.L - Volatility Comparison
JPM AC Asia Pacific ex Japan Research Enhanced Index Equity Active UCITS ETF - USD (acc) (JREA.L) has a higher volatility of 9.04% compared to iShares MSCI Japan USD Hedged UCITS ETF Accumulating (IJPD.L) at 6.63%. This indicates that JREA.L's price experiences larger fluctuations and is considered to be riskier than IJPD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JREA.L | IJPD.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.04% | 6.63% | +2.41% |
Volatility (6M)Calculated over the trailing 6-month period | 19.03% | 16.49% | +2.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.16% | 20.77% | +0.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.58% | 18.97% | +0.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.58% | 18.64% | +0.94% |
Dividends
JREA.L vs. IJPD.L - Dividend Comparison
Neither JREA.L nor IJPD.L has paid dividends to shareholders.
Frequently Asked Questions
JREA.L and IJPD.L have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: ETF Issuer and iShares.
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