JREB.DE vs. FBND
JREB.DE (JPMorgan EUR Corporate Bond Research Enhanced Index (ESG) UCITS ETF) and FBND (Fidelity Total Bond ETF) are both exchange-traded funds - JREB.DE is a European Corporate Bonds fund tracking the JP Morgan EUR Corporate Bond Research Enhanced Index (ESG), while FBND is a Intermediate Core-Plus Bond fund actively managed by Fidelity. JREB.DE is passively managed, while FBND is actively managed. Over the past 5 years, JREB.DE returned 0.14%/yr vs 1.79%/yr for FBND. At a 0.32 correlation, their price movements are largely independent. JREB.DE charges 0.04%/yr vs 0.36%/yr for FBND.
Performance
JREB.DE vs. FBND - Performance Comparison
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Different Trading Currencies
JREB.DE is traded in EUR, while FBND is traded in USD. To make them comparable, the FBND values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, JREB.DE achieves a 0.57% return, which is significantly lower than FBND's 1.76% return.
JREB.DE
- 1D
- 0.06%
- 1M
- 0.73%
- YTD
- 0.57%
- 6M
- 0.42%
- 1Y
- 2.01%
- 3Y*
- 4.65%
- 5Y*
- 0.14%
- 10Y*
- —
FBND
- 1D
- -0.03%
- 1M
- 0.92%
- YTD
- 1.76%
- 6M
- 0.87%
- 1Y
- 3.31%
- 3Y*
- 2.01%
- 5Y*
- 1.79%
- 10Y*
- 2.34%
JREB.DE vs. FBND - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
JREB.DE JPMorgan EUR Corporate Bond Research Enhanced Index (ESG) UCITS ETF | 0.57% | 3.18% | 4.24% | 7.63% | -13.23% | -1.04% | 2.29% | 6.17% | 0.12% |
FBND Fidelity Total Bond ETF | 1.76% | -5.20% | 8.87% | 3.61% | -7.12% | 7.01% | 0.40% | 12.30% | -0.25% |
Correlation
The correlation between JREB.DE and FBND is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Dec 14, 2018 | 0.32 |
Over the past year, the correlation between JREB.DE and FBND has dropped to 0.06 - well below their long-term average of 0.32, suggesting their price drivers have been diverging.
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Return for Risk
JREB.DE vs. FBND — Risk / Return Rank
JREB.DE
FBND
JREB.DE vs. FBND - 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 Fidelity Total Bond ETF (FBND). 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 | FBND | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.06 | ||
| Sortino ratioReturn per unit of downside risk | +0.09 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.11 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.71 | 0.79 | -0.08 |
| Martin ratioReturn relative to average drawdown | 2.52 | 2.41 | +0.11 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| JREB.DE | FBND | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.63 | 0.58 | +0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.03 | 0.23 | -0.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.28 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | 0.38 | -0.16 |
Drawdowns
JREB.DE vs. FBND - Drawdown Comparison
The maximum JREB.DE drawdown since its inception was -17.22%, which is greater than FBND's maximum drawdown of -15.51%. Use the drawdown chart below to compare losses from any high point for JREB.DE and FBND.
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Drawdown Indicators
| JREB.DE | FBND | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.22% | -15.51% | -1.71% |
Max Drawdown (1Y)Largest decline over 1 year | -2.83% | -4.20% | +1.37% |
Max Drawdown (3Y)Largest decline over 3 years | -2.83% | -11.59% | +8.76% |
Max Drawdown (5Y)Largest decline over 5 years | -17.22% | -11.59% | -5.63% |
Max Drawdown (10Y)Largest decline over 10 years | — | -15.51% | — |
Current DrawdownCurrent decline from peak | -0.76% | -6.11% | +5.35% |
Average DrawdownAverage peak-to-trough decline | -5.02% | -5.08% | +0.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.80% | 1.42% | -0.62% |
Volatility
JREB.DE vs. FBND - Volatility Comparison
JPMorgan EUR Corporate Bond Research Enhanced Index (ESG) UCITS ETF (JREB.DE) has a higher volatility of 1.16% compared to Fidelity Total Bond ETF (FBND) at 0.91%. This indicates that JREB.DE's price experiences larger fluctuations and is considered to be riskier than FBND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JREB.DE | FBND | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.16% | 0.91% | +0.25% |
Volatility (6M)Calculated over the trailing 6-month period | 2.85% | 4.25% | -1.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.17% | 5.79% | -2.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.39% | 7.93% | -3.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.96% | 8.41% | -3.45% |
JREB.DE vs. FBND - Expense Ratio Comparison
JREB.DE has a 0.04% expense ratio, which is lower than FBND's 0.36% expense ratio.
Dividends
JREB.DE vs. FBND - Dividend Comparison
JREB.DE has not paid dividends to shareholders, while FBND's dividend yield for the trailing twelve months is around 4.70%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBND Fidelity Total Bond ETF | 4.70% | 4.70% | 4.73% | 4.26% | 3.07% | 1.86% | 4.25% | 2.90% | 2.93% | 2.56% | 2.84% | 3.26% |
JREB.DE JPMorgan EUR Corporate Bond Research Enhanced Index (ESG) UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
JREB.DE and FBND have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
JREB.DE is cheaper with a 0.04% expense ratio, compared with 0.36% for FBND.
JREB.DE is categorized as European Corporate Bonds, while FBND is Intermediate Core-Plus Bond. They also come from different issuers: JPMorgan and Fidelity. Their fees differ too: 0.04% for JREB.DE and 0.36% for FBND.
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