JREB.DE vs. A4H8.DE

Last updated Jun 5, 2026

JREB.DE (JPMorgan EUR Corporate Bond Research Enhanced Index (ESG) UCITS ETF) and A4H8.DE (Amundi Index Euro Corporate SRI UCITS ETF DR (C)) are both European Corporate Bonds funds - JREB.DE tracks the JP Morgan EUR Corporate Bond Research Enhanced Index (ESG) while A4H8.DE tracks the Bloomberg MSCI Euro Corporate ESG Sustainability SRI. Both are passively managed. Over the past 3 years, JREB.DE returned 4.65%/yr vs 4.47%/yr for A4H8.DE. Their correlation of 0.91 suggests significant overlap in exposure. JREB.DE charges 0.04%/yr vs 0.14%/yr for A4H8.DE.

Performance

JREB.DE vs. A4H8.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in JPMorgan EUR Corporate Bond Research Enhanced Index (ESG) UCITS ETF (JREB.DE) and Amundi Index Euro Corporate SRI UCITS ETF DR (C) (A4H8.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JREB.DE achieves a 0.57% return, which is significantly higher than A4H8.DE's 0.54% return.

JREB.DE

• 1D: 0.06%
• 1M: 0.26%
• YTD: 0.57%
• 6M: 0.53%
• 1Y: 2.34%
• 3Y*: 4.65%
• 5Y*: 0.14%
• 10Y*: —

A4H8.DE

• 1D: 0.12%
• 1M: 0.26%
• YTD: 0.54%
• 6M: 0.48%
• 1Y: 2.16%
• 3Y*: 4.47%
• 5Y*: —
• 10Y*: —

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

JREB.DE vs. A4H8.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
JREB.DE JPMorgan EUR Corporate Bond Research Enhanced Index (ESG) UCITS ETF	0.57%	3.18%	4.24%	7.63%	-8.28%
A4H8.DE Amundi Index Euro Corporate SRI UCITS ETF DR (C)	0.54%	2.94%	4.18%	7.09%	-8.39%

Correlation

The correlation between JREB.DE and A4H8.DE is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.94
Correlation (3Y) Calculated over the trailing 3-year period	0.97
Correlation (All Time) Calculated using the full available price history since Mar 23, 2022	0.91

The correlation between JREB.DE and A4H8.DE has been stable across timeframes, ranging from 0.91 to 0.97 - a consistent structural relationship.

Return for Risk

JREB.DE vs. A4H8.DE — Risk / Return Rank

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

JREB.DE

JREB.DE Risk / Return Rank: 20
JREB.DE Sharpe Ratio Rank: 20
JREB.DE Sortino Ratio Rank: 19
JREB.DE Omega Ratio Rank: 20
JREB.DE Calmar Ratio Rank: 18
JREB.DE Martin Ratio Rank: 21

A4H8.DE

A4H8.DE Risk / Return Rank: 19
A4H8.DE Sharpe Ratio Rank: 20
A4H8.DE Sortino Ratio Rank: 19
A4H8.DE Omega Ratio Rank: 19
A4H8.DE Calmar Ratio Rank: 18
A4H8.DE Martin Ratio Rank: 21

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.

JREB.DE vs. A4H8.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan EUR Corporate Bond Research Enhanced Index (ESG) UCITS ETF (JREB.DE) and Amundi Index Euro Corporate SRI UCITS ETF DR (C) (A4H8.DE). 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.

	JREB.DE	A4H8.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.63	0.62	+0.01
Sortino ratio: Return per unit of downside risk	0.96	0.96	0.00
Omega ratio: Gain probability vs. loss probability	1.13	1.12	+0.01
Calmar ratio: Return relative to maximum drawdown	0.71	0.73	-0.02
Martin ratio: Return relative to average drawdown	2.52	2.44	+0.08
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JREB.DE vs. A4H8.DE - Sharpe Ratio Comparison

The current JREB.DE Sharpe Ratio is 0.63, which is comparable to the A4H8.DE Sharpe Ratio of 0.62. The chart below compares the historical Sharpe Ratios of JREB.DE and A4H8.DE, 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

	JREB.DE	A4H8.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.63	0.62	+0.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.03	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.23	0.27	-0.05

Drawdowns

JREB.DE vs. A4H8.DE - Drawdown Comparison

The maximum JREB.DE drawdown since its inception was -17.22%, which is greater than A4H8.DE's maximum drawdown of -11.35%. Use the drawdown chart below to compare losses from any high point for JREB.DE and A4H8.DE.

Drawdown Indicators

	JREB.DE	A4H8.DE	Difference
Max Drawdown Largest peak-to-trough decline	-17.22%	-11.35%	-5.87%
Max Drawdown (1Y) Largest decline over 1 year	-2.83%	-2.52%	-0.31%
Max Drawdown (3Y) Largest decline over 3 years	-2.83%	-2.52%	-0.31%
Max Drawdown (5Y) Largest decline over 5 years	-17.22%	—	—
Current Drawdown Current decline from peak	-0.76%	-0.68%	-0.08%
Average Drawdown Average peak-to-trough decline	-5.02%	-3.48%	-1.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.80%	0.76%	+0.04%

Volatility

JREB.DE vs. A4H8.DE - Volatility Comparison

JPMorgan EUR Corporate Bond Research Enhanced Index (ESG) UCITS ETF (JREB.DE) and Amundi Index Euro Corporate SRI UCITS ETF DR (C) (A4H8.DE) have volatilities of 1.16% and 1.11%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JREB.DE	A4H8.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.16%	1.11%	+0.05%
Volatility (6M) Calculated over the trailing 6-month period	2.85%	2.59%	+0.26%
Volatility (1Y) Calculated over the trailing 1-year period	3.17%	2.97%	+0.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.39%	4.91%	-0.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.96%	4.91%	+0.05%

JREB.DE vs. A4H8.DE - Expense Ratio Comparison

JREB.DE has a 0.04% expense ratio, which is lower than A4H8.DE's 0.14% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

JREB.DE vs. A4H8.DE - Dividend Comparison

Neither JREB.DE nor A4H8.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both JREB.DE and A4H8.DE in my portfolio?

With a correlation of 0.94, JREB.DE and A4H8.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, JREB.DE or A4H8.DE?

On fees, JREB.DE is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JREB.DE or A4H8.DE?

JREB.DE is cheaper with a 0.04% expense ratio, compared with 0.14% for A4H8.DE.

What is the main difference between JREB.DE and A4H8.DE?

JREB.DE tracks JP Morgan EUR Corporate Bond Research Enhanced Index (ESG), while A4H8.DE tracks Bloomberg MSCI Euro Corporate ESG Sustainability SRI. They also come from different issuers: JPMorgan and Amundi. Their fees differ too: 0.04% for JREB.DE and 0.14% for A4H8.DE.