JREA.L vs. JRCD.L
JREA.L (JPM AC Asia Pacific ex Japan Research Enhanced Index Equity Active UCITS ETF USD (Acc)) and JRCD.L (JPMorgan China A Research Enhanced Index Equity (ESG) UCITS ETF USD (dist)) are both exchange-traded funds - JREA.L is a Asia Pacific Equities fund actively managed by JPMorgan, while JRCD.L is a China Equities fund tracking the MSCI China A Onshore NR CNY. JREA.L is actively managed, while JRCD.L is passively managed. Over the past 3 years, JREA.L returned 18.83%/yr vs 11.01%/yr for JRCD.L. A 0.58 correlation means they provide meaningful diversification when combined. JREA.L charges 0.30%/yr vs 0.40%/yr for JRCD.L.
Performance
JREA.L vs. JRCD.L - Performance Comparison
Loading charts...
Different Trading Currencies
JREA.L is traded in USD, while JRCD.L is traded in GBp. To make them comparable, the JRCD.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, JREA.L achieves a 19.52% return, which is significantly lower than JRCD.L's 10,606.22% return.
JREA.L
- 1D
- -1.96%
- 1M
- -8.72%
- 6M
- 14.54%
- YTD
- 19.52%
- 1Y
- 33.69%
- 3Y*
- 18.83%
- 5Y*
- —
- 10Y*
- —
JRCD.L
- 1D
- 0.00%
- 1M
- 9,516.13%
- 6M
- 4.19%
- YTD
- 10,606.22%
- 1Y
- 29.71%
- 3Y*
- 11.01%
- 5Y*
- —
- 10Y*
- —
JREA.L vs. JRCD.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) | 19.52% | 29.63% | 8.81% | 4.45% | -11.27% |
JRCD.L JPMorgan China A Research Enhanced Index Equity (ESG) UCITS ETF USD (dist) | 10,606.22% | -98.71% | 9.57% | -13.40% | -10.42% |
Correlation
The correlation between JREA.L and JRCD.L is 0.52, 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 | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Mar 28, 2022 | 0.58 |
The correlation between JREA.L and JRCD.L has been stable across timeframes, ranging from 0.52 to 0.58 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
JREA.L vs. JRCD.L — Risk / Return Rank
JREA.L
JRCD.L
JREA.L vs. JRCD.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 JPMorgan China A Research Enhanced Index Equity (ESG) UCITS ETF USD (dist) (JRCD.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 | JRCD.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.57 | ||
| Sortino ratioReturn per unit of downside risk | -278.64 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 89.88 | -88.59 |
| Calmar ratioReturn relative to maximum drawdown | 2.85 | 0.30 | +2.54 |
| Martin ratioReturn relative to average drawdown | 8.70 | 0.60 | +8.10 |
Loading charts...
Drawdowns
JREA.L vs. JRCD.L - Drawdown Comparison
The maximum JREA.L drawdown since its inception was -28.16%, smaller than the maximum JRCD.L drawdown of -99.18%. Use the drawdown chart below to compare losses from any high point for JREA.L and JRCD.L.
Loading charts...
Drawdown Indicators
| JREA.L | JRCD.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.16% | -99.18% | +71.02% |
Max Drawdown (1Y)Largest decline over 1 year | -11.77% | -99.07% | +87.30% |
Max Drawdown (3Y)Largest decline over 3 years | -18.58% | -99.13% | +80.55% |
Current DrawdownCurrent decline from peak | -10.61% | -6.42% | -4.19% |
Average DrawdownAverage peak-to-trough decline | -8.39% | -24.51% | +16.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.86% | 49.56% | -45.70% |
Volatility
JREA.L vs. JRCD.L - Volatility Comparison
The current volatility for JPM AC Asia Pacific ex Japan Research Enhanced Index Equity Active UCITS ETF USD (Acc) (JREA.L) is 8.95%, while JPMorgan China A Research Enhanced Index Equity (ESG) UCITS ETF USD (dist) (JRCD.L) has a volatility of 457.95%. This indicates that JREA.L experiences smaller price fluctuations and is considered to be less risky than JRCD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JREA.L | JRCD.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.95% | 457.95% | -449.00% |
Volatility (6M)Calculated over the trailing 6-month period | 19.13% | 1,305.58% | -1,286.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.30% | 27,655.25% | -27,633.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.60% | 13,285.51% | -13,265.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.60% | 13,285.51% | -13,265.91% |
JREA.L vs. JRCD.L - Expense Ratio Comparison
JREA.L has a 0.30% expense ratio, which is lower than JRCD.L's 0.40% expense ratio.
Dividends
JREA.L vs. JRCD.L - Dividend Comparison
JREA.L has not paid dividends to shareholders, while JRCD.L's dividend yield for the trailing twelve months is around 1.67%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
JRCD.L JPMorgan China A Research Enhanced Index Equity (ESG) UCITS ETF USD (dist) | 1.67% | 203.95% | 1.97% | 1.67% | 1.88% |
JREA.L JPM AC Asia Pacific ex Japan Research Enhanced Index Equity Active UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
JREA.L and JRCD.L have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JREA.L is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JREA.L is cheaper with a 0.30% expense ratio, compared with 0.40% for JRCD.L.
JREA.L is categorized as Asia Pacific Equities, while JRCD.L is China Equities. Their fees differ too: 0.30% for JREA.L and 0.40% for JRCD.L.
Find the right allocation for JREA.L and JRCD.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer