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JREC.L vs. RQFI.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

JREC.L vs. RQFI.L

Last updated Jul 16, 2026
Documentation

JREC.L (JPM China A Research Enhanced Index Equity Active UCITS ETF - USD (acc)) and RQFI.L (Xtrackers Harvest CSI 300 UCITS ETF 1D) are both China Equities funds. JREC.L is actively managed, while RQFI.L is passively managed. Over the past 3 years, JREC.L returned 11.15%/yr vs 11.08%/yr for RQFI.L. Their correlation of 0.88 suggests significant overlap in exposure.

Performance

JREC.L vs. RQFI.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPM China A Research Enhanced Index Equity Active UCITS ETF - USD (acc) (JREC.L) and Xtrackers Harvest CSI 300 UCITS ETF 1D (RQFI.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

JREC.L is traded in USD, while RQFI.L is traded in GBp. To make them comparable, the RQFI.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, JREC.L achieves a 9.52% return, which is significantly higher than RQFI.L's 7.40% return.

JREC.L

1D
-0.77%
1M
-1.91%
6M
6.51%
YTD
9.52%
1Y
32.83%
3Y*
11.15%
5Y*
—
10Y*
—

RQFI.L

1D
0.53%
1M
-1.60%
6M
5.16%
YTD
7.40%
1Y
29.27%
3Y*
11.08%
5Y*
-0.42%
10Y*
5.12%
*Multi-year figures are annualized to reflect compound growth (CAGR)

JREC.L vs. RQFI.L - Yearly Performance Comparison

2026 (YTD)2025202420232022
JREC.L
JPM China A Research Enhanced Index Equity Active UCITS ETF - USD (acc)		9.52%28.38%9.65%-13.02%-19.50%
RQFI.L
Xtrackers Harvest CSI 300 UCITS ETF 1D		7.40%27.41%13.32%-13.73%-20.53%

Correlation

The correlation between JREC.L and RQFI.L is 0.93, 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

0.93

Correlation (3Y)
Calculated over the trailing 3-year period

0.93

Correlation (All Time)
Calculated using the full available price history since Feb 15, 2022

0.88

The correlation between JREC.L and RQFI.L has been stable across timeframes, ranging from 0.88 to 0.93 - 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.

JPM China A Research Enhanced Index Equity Active UCITS ETF - USD (acc)

Xtrackers Harvest CSI 300 UCITS ETF 1D

Often compared with RQFI.L:
RQFI.L vs. CA3S.LRQFI.L vs. CHIN.LRQFI.L vs. XCX6.LRQFI.L vs. HMCT.LRQFI.L vs. CEBG.LRQFI.L vs. CM5S.LRQFI.L vs. XCNA.L

Return for Risk

JREC.L vs. RQFI.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
JREC.L
JREC.L Risk / Return Rank: 7474
Overall Rank
JREC.L Sharpe Ratio Rank: 6767
Sharpe Ratio Rank
JREC.L Sortino Ratio Rank: 6767
Sortino Ratio Rank
JREC.L Omega Ratio Rank: 6565
Omega Ratio Rank
JREC.L Calmar Ratio Rank: 9191
Calmar Ratio Rank
JREC.L Martin Ratio Rank: 7979
Martin Ratio Rank
RQFI.L
RQFI.L Risk / Return Rank: 6666
Overall Rank
RQFI.L Sharpe Ratio Rank: 6161
Sharpe Ratio Rank
RQFI.L Sortino Ratio Rank: 5858
Sortino Ratio Rank
RQFI.L Omega Ratio Rank: 5858
Omega Ratio Rank
RQFI.L Calmar Ratio Rank: 8080
Calmar Ratio Rank
RQFI.L Martin Ratio Rank: 7272
Martin Ratio Rank
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.

JREC.L vs. RQFI.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPM China A Research Enhanced Index Equity Active UCITS ETF - USD (acc) (JREC.L) and Xtrackers Harvest CSI 300 UCITS ETF 1D (RQFI.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.

JREC.LRQFI.LDifference
Sharpe ratioReturn per unit of total volatility
1.74
1.68

+0.06

Sortino ratioReturn per unit of downside risk
2.47
2.32

+0.15

Omega ratioGain probability vs. loss probability

1.31

1.29

+0.02

Calmar ratioReturn relative to maximum drawdown

4.53

3.92

+0.61

Martin ratioReturn relative to average drawdown

12.00

11.02

+0.99

JREC.L vs. RQFI.L - Sharpe Ratio Comparison

The current JREC.L Sharpe Ratio is 1.74, which is comparable to the RQFI.L Sharpe Ratio of 1.68. The chart below compares the historical Sharpe Ratios of JREC.L and RQFI.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.

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Drawdowns

JREC.L vs. RQFI.L - Drawdown Comparison

The maximum JREC.L drawdown since its inception was -37.92%, smaller than the maximum RQFI.L drawdown of -50.90%. Use the drawdown chart below to compare losses from any high point for JREC.L and RQFI.L.

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Drawdown Indicators

JREC.LRQFI.LDifference

Max Drawdown

Largest peak-to-trough decline

-37.92%

-50.90%

+12.98%

Max Drawdown (1Y)

Largest decline over 1 year

-7.22%

-7.44%

+0.22%

Max Drawdown (3Y)

Largest decline over 3 years

-27.06%

-27.19%

+0.13%

Max Drawdown (5Y)

Largest decline over 5 years

—

-44.09%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-50.90%

—

Current Drawdown

Current decline from peak

-5.30%

-16.24%

+10.94%

Average Drawdown

Average peak-to-trough decline

-18.94%

-31.14%

+12.20%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.73%

2.65%

+0.08%

Volatility

JREC.L vs. RQFI.L - Volatility Comparison

JPM China A Research Enhanced Index Equity Active UCITS ETF - USD (acc) (JREC.L) has a higher volatility of 8.90% compared to Xtrackers Harvest CSI 300 UCITS ETF 1D (RQFI.L) at 8.07%. This indicates that JREC.L's price experiences larger fluctuations and is considered to be riskier than RQFI.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

JREC.LRQFI.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.90%

8.07%

+0.83%

Volatility (6M)

Calculated over the trailing 6-month period

14.69%

13.01%

+1.68%

Volatility (1Y)

Calculated over the trailing 1-year period

18.76%

17.35%

+1.41%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

23.02%

22.23%

+0.79%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

23.02%

22.47%

+0.55%

Dividends

JREC.L vs. RQFI.L - Dividend Comparison

JREC.L has not paid dividends to shareholders, while RQFI.L's dividend yield for the trailing twelve months is around 1.48%.

PositionTTM20252024202320222021202020192018201720162015
JREC.L
JPM China A Research Enhanced Index Equity Active UCITS ETF - USD (acc)		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
RQFI.L
Xtrackers Harvest CSI 300 UCITS ETF 1D		1.48%1.77%1.46%1.99%1.88%0.93%1.26%0.76%2.23%1.92%1.69%0.37%

Frequently Asked Questions

With a correlation of 0.93, JREC.L and RQFI.L 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.

They also come from different issuers: ETF Issuer and Xtrackers.

Portfolio Optimizer

Find the right allocation for JREC.L and RQFI.L

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