JREE.DE vs. JREA.DE

Last updated Jun 5, 2026

JREE.DE (JPMorgan Europe Research Enhanced Index Equity (ESG) UCITS ETF EUR (acc)) and JREA.DE (JPMorgan AC Asia Pacific ex Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (acc)) are both exchange-traded funds - JREE.DE is a Europe Equities fund tracking the JP Morgan Europe Research Enhanced Index Equity (ESG), while JREA.DE is a Asia Pacific Equities fund tracking the JP Morgan AC Asia Pacific ex Japan Research Enhanced Index Equity (ESG). Both are passively managed. Over the past 3 years, JREE.DE returned 13.05%/yr vs 20.04%/yr for JREA.DE. A 0.51 correlation means they provide meaningful diversification when combined. JREE.DE charges 0.25%/yr vs 0.30%/yr for JREA.DE.

Performance

JREE.DE vs. JREA.DE - 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 JPMorgan AC Asia Pacific ex Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (acc) (JREA.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JREE.DE achieves a 7.37% return, which is significantly lower than JREA.DE's 30.23% return.

JREE.DE

• 1D: 0.69%
• 1M: 3.34%
• YTD: 7.37%
• 6M: 9.73%
• 1Y: 16.00%
• 3Y*: 13.05%
• 5Y*: 9.92%
• 10Y*: —

JREA.DE

• 1D: -1.51%
• 1M: 6.32%
• YTD: 30.23%
• 6M: 32.45%
• 1Y: 50.27%
• 3Y*: 20.04%
• 5Y*: —
• 10Y*: —

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

JREE.DE vs. JREA.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
JREE.DE JPMorgan Europe Research Enhanced Index Equity (ESG) UCITS ETF EUR (acc)	7.37%	20.14%	6.61%	17.08%	-2.51%
JREA.DE JPMorgan AC Asia Pacific ex Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (acc)	30.23%	14.97%	15.52%	0.94%	-9.63%

Correlation

The correlation between JREE.DE and JREA.DE is 0.58, 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	0.58
Correlation (3Y) Calculated over the trailing 3-year period	0.57
Correlation (All Time) Calculated using the full available price history since Feb 23, 2022	0.51

The correlation between JREE.DE and JREA.DE has been stable across timeframes, ranging from 0.51 to 0.58 - a consistent structural relationship.

Return for Risk

JREE.DE vs. JREA.DE — 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

JREA.DE

JREA.DE Risk / Return Rank: 88
JREA.DE Sharpe Ratio Rank: 89
JREA.DE Sortino Ratio Rank: 87
JREA.DE Omega Ratio Rank: 87
JREA.DE Calmar Ratio Rank: 89
JREA.DE Martin Ratio Rank: 88

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. JREA.DE - 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 JPMorgan AC Asia Pacific ex Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (acc) (JREA.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.

	JREE.DE	JREA.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.22	2.94	-1.72
Sortino ratio: Return per unit of downside risk	1.82	3.88	-2.07
Omega ratio: Gain probability vs. loss probability	1.23	1.53	-0.30
Calmar ratio: Return relative to maximum drawdown	1.60	5.19	-3.59
Martin ratio: Return relative to average drawdown	5.79	18.76	-12.98
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. JREA.DE - Sharpe Ratio Comparison

The current JREE.DE Sharpe Ratio is 1.22, which is lower than the JREA.DE Sharpe Ratio of 2.94. The chart below compares the historical Sharpe Ratios of JREE.DE and JREA.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

	JREE.DE	JREA.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.22	2.94	-1.72
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.67	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.65	0.67	-0.03

Drawdowns

JREE.DE vs. JREA.DE - Drawdown Comparison

The maximum JREE.DE drawdown since its inception was -35.62%, which is greater than JREA.DE's maximum drawdown of -20.14%. Use the drawdown chart below to compare losses from any high point for JREE.DE and JREA.DE.

Drawdown Indicators

	JREE.DE	JREA.DE	Difference
Max Drawdown Largest peak-to-trough decline	-35.62%	-20.14%	-15.48%
Max Drawdown (1Y) Largest decline over 1 year	-9.97%	-9.64%	-0.33%
Max Drawdown (3Y) Largest decline over 3 years	-16.63%	-20.14%	+3.51%
Max Drawdown (5Y) Largest decline over 5 years	-19.02%	—	—
Current Drawdown Current decline from peak	-1.28%	-2.73%	+1.45%
Average Drawdown Average peak-to-trough decline	-4.59%	-6.28%	+1.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.76%	2.67%	+0.09%

Volatility

JREE.DE vs. JREA.DE - Volatility Comparison

The current volatility for JPMorgan Europe Research Enhanced Index Equity (ESG) UCITS ETF EUR (acc) (JREE.DE) is 4.22%, while JPMorgan AC Asia Pacific ex Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (acc) (JREA.DE) has a volatility of 7.19%. This indicates that JREE.DE experiences smaller price fluctuations and is considered to be less risky than JREA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JREE.DE	JREA.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.22%	7.19%	-2.97%
Volatility (6M) Calculated over the trailing 6-month period	10.65%	14.07%	-3.42%
Volatility (1Y) Calculated over the trailing 1-year period	13.05%	17.02%	-3.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.66%	16.86%	-2.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.70%	16.86%	-0.16%

JREE.DE vs. JREA.DE - Expense Ratio Comparison

JREE.DE has a 0.25% expense ratio, which is lower than JREA.DE's 0.30% expense ratio.

Dividends

JREE.DE vs. JREA.DE - Dividend Comparison

Neither JREE.DE nor JREA.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

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

JREE.DE and JREA.DE have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JREE.DE or JREA.DE?

On fees, JREE.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JREE.DE or JREA.DE?

JREE.DE is cheaper with a 0.25% expense ratio, compared with 0.30% for JREA.DE.

What is the main difference between JREE.DE and JREA.DE?

JREE.DE is categorized as Europe Equities, while JREA.DE is Asia Pacific Equities. JREE.DE tracks JP Morgan Europe Research Enhanced Index Equity (ESG), while JREA.DE tracks JP Morgan AC Asia Pacific ex Japan Research Enhanced Index Equity (ESG). Their fees differ too: 0.25% for JREE.DE and 0.30% for JREA.DE.