JREE.DE vs. GBLBY

Last updated Jun 5, 2026

JREE.DE (JPMorgan Europe Research Enhanced Index Equity (ESG) UCITS ETF EUR (acc)) is Europe Equities fund tracking the JP Morgan Europe Research Enhanced Index Equity (ESG), while GBLBY (Groep Brussel Lambert NV ADR) is a stock. Over the past 5 years, JREE.DE returned 9.92%/yr vs 1.67%/yr for GBLBY. At a 0.16 correlation, their price movements are largely independent.

Performance

JREE.DE vs. GBLBY - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in JPMorgan Europe Research Enhanced Index Equity (ESG) UCITS ETF EUR (acc) (JREE.DE) and Groep Brussel Lambert NV ADR (GBLBY). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

JREE.DE is traded in EUR, while GBLBY is traded in USD. To make them comparable, the GBLBY values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, JREE.DE achieves a 7.37% return, which is significantly lower than GBLBY's 14.84% return.

JREE.DE

• 1D: 0.69%
• 1M: 1.07%
• YTD: 7.37%
• 6M: 9.76%
• 1Y: 15.96%
• 3Y*: 13.05%
• 5Y*: 9.92%
• 10Y*: —

GBLBY

• 1D: 0.80%
• 1M: -4.59%
• YTD: 14.84%
• 6M: 17.43%
• 1Y: 19.81%
• 3Y*: 9.01%
• 5Y*: 1.67%
• 10Y*: —

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

JREE.DE vs. GBLBY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
JREE.DE JPMorgan Europe Research Enhanced Index Equity (ESG) UCITS ETF EUR (acc)	7.37%	20.14%	6.61%	17.08%	-9.48%	25.69%	-1.97%	15.06%
GBLBY Groep Brussel Lambert NV ADR	14.84%	23.77%	-12.00%	7.62%	-23.66%	33.59%	-11.52%	7.57%

Correlation

The correlation between JREE.DE and GBLBY is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.13
Correlation (3Y) Calculated over the trailing 3-year period	0.07
Correlation (5Y) Calculated over the trailing 5-year period	0.19
Correlation (All Time) Calculated using the full available price history since Mar 28, 2019	0.16

The correlation between JREE.DE and GBLBY shifts across timeframes, from 0.07 (3 years) to 0.19 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

JREE.DE vs. GBLBY — Risk / Return Rank

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

JREE.DE

JREE.DE Risk / Return Rank: 35
JREE.DE Sharpe Ratio Rank: 35
JREE.DE Sortino Ratio Rank: 35
JREE.DE Omega Ratio Rank: 36
JREE.DE Calmar Ratio Rank: 32
JREE.DE Martin Ratio Rank: 38

GBLBY

GBLBY Risk / Return Rank: 60
GBLBY Sharpe Ratio Rank: 51
GBLBY Sortino Ratio Rank: 57
GBLBY Omega Ratio Rank: 75
GBLBY Calmar Ratio Rank: 55
GBLBY Martin Ratio Rank: 60

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.

JREE.DE vs. GBLBY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Europe Research Enhanced Index Equity (ESG) UCITS ETF EUR (acc) (JREE.DE) and Groep Brussel Lambert NV ADR (GBLBY). 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.

	JREE.DE	GBLBY	Difference
Sharpe ratio: Return per unit of total volatility	1.22	0.24	+0.98
Sortino ratio: Return per unit of downside risk	1.82	1.06	+0.75
Omega ratio: Gain probability vs. loss probability	1.23	1.23	0.00
Calmar ratio: Return relative to maximum drawdown	1.60	0.53	+1.07
Martin ratio: Return relative to average drawdown	5.79	1.79	+4.00
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JREE.DE vs. GBLBY - Sharpe Ratio Comparison

The current JREE.DE Sharpe Ratio is 1.22, which is higher than the GBLBY Sharpe Ratio of 0.24. The chart below compares the historical Sharpe Ratios of JREE.DE and GBLBY, 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

	JREE.DE	GBLBY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.22	0.24	+0.98
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.67	0.02	+0.65
Sharpe Ratio (All Time) Calculated using the full available price history	0.65	0.03	+0.61

Drawdowns

JREE.DE vs. GBLBY - Drawdown Comparison

The maximum JREE.DE drawdown since its inception was -35.62%, smaller than the maximum GBLBY drawdown of -69.36%. Use the drawdown chart below to compare losses from any high point for JREE.DE and GBLBY.

Drawdown Indicators

	JREE.DE	GBLBY	Difference
Max Drawdown Largest peak-to-trough decline	-35.62%	-69.36%	+33.74%
Max Drawdown (1Y) Largest decline over 1 year	-9.97%	-37.88%	+27.91%
Max Drawdown (3Y) Largest decline over 3 years	-16.63%	-37.88%	+21.25%
Max Drawdown (5Y) Largest decline over 5 years	-19.02%	-48.96%	+29.94%
Current Drawdown Current decline from peak	-1.28%	-36.57%	+35.29%
Average Drawdown Average peak-to-trough decline	-4.59%	-29.36%	+24.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.76%	11.12%	-8.36%

Volatility

JREE.DE vs. GBLBY - Volatility Comparison

The current volatility for JPMorgan Europe Research Enhanced Index Equity (ESG) UCITS ETF EUR (acc) (JREE.DE) is 4.22%, while Groep Brussel Lambert NV ADR (GBLBY) has a volatility of 67.53%. This indicates that JREE.DE experiences smaller price fluctuations and is considered to be less risky than GBLBY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JREE.DE	GBLBY	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.22%	67.53%	-63.31%
Volatility (6M) Calculated over the trailing 6-month period	10.65%	72.11%	-61.46%
Volatility (1Y) Calculated over the trailing 1-year period	13.05%	83.33%	-70.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.66%	82.53%	-67.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.70%	115.49%	-98.79%

Dividends

JREE.DE vs. GBLBY - Dividend Comparison

JREE.DE has not paid dividends to shareholders, while GBLBY's dividend yield for the trailing twelve months is around 6.23%.

Position	TTM	2025	2024	2023	2022	2021	2020
GBLBY Groep Brussel Lambert NV ADR	6.23%	6.25%	4.36%	3.55%	3.62%	2.63%	2.16%
JREE.DE JPMorgan Europe Research Enhanced Index Equity (ESG) UCITS ETF EUR (acc)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JREE.DE and GBLBY in my portfolio?

JREE.DE and GBLBY have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.