JREE.DE vs. JREU.L
Compare and contrast key facts about JPMorgan Europe Research Enhanced Index Equity (ESG) UCITS ETF EUR (acc) (JREE.DE) and JPMorgan US Research Enhanced Index Equity UCITS ETF - USD (acc) (JREU.L).
JREE.DE and JREU.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JREE.DE is a passively managed fund by JPMorgan that tracks the performance of the JP Morgan Europe Research Enhanced Index Equity (ESG). It was launched on Jun 30, 2020. JREU.L is a passively managed fund by JPMorgan that tracks the performance of the Russell 1000 TR USD. It was launched on Oct 10, 2018. Both JREE.DE and JREU.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JREE.DE or JREU.L.
Key characteristics
| JREE.DE | JREU.L | |
|---|---|---|
| YTD Return | 7.63% | 26.48% |
| 1Y Return | 16.26% | 38.70% |
| 3Y Return (Ann) | 5.22% | 10.30% |
| 5Y Return (Ann) | 7.68% | 16.88% |
| Sharpe Ratio | 1.39 | 3.25 |
| Sortino Ratio | 1.98 | 4.51 |
| Omega Ratio | 1.24 | 1.62 |
| Calmar Ratio | 2.10 | 4.95 |
| Martin Ratio | 7.92 | 21.78 |
| Ulcer Index | 1.97% | 1.76% |
| Daily Std Dev | 11.28% | 11.75% |
| Max Drawdown | -35.62% | -34.56% |
| Current Drawdown | -4.62% | 0.00% |
Correlation
The correlation between JREE.DE and JREU.L is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
JREE.DE vs. JREU.L - Performance Comparison
In the year-to-date period, JREE.DE achieves a 7.63% return, which is significantly lower than JREU.L's 26.48% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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JREE.DE vs. JREU.L - Expense Ratio Comparison
JREE.DE has a 0.25% expense ratio, which is higher than JREU.L's 0.20% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
JREE.DE vs. JREU.L - Risk-Adjusted Performance 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 US Research Enhanced Index Equity UCITS ETF - USD (acc) (JREU.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.
Dividends
JREE.DE vs. JREU.L - Dividend Comparison
Neither JREE.DE nor JREU.L has paid dividends to shareholders.
Drawdowns
JREE.DE vs. JREU.L - Drawdown Comparison
The maximum JREE.DE drawdown since its inception was -35.62%, roughly equal to the maximum JREU.L drawdown of -34.56%. Use the drawdown chart below to compare losses from any high point for JREE.DE and JREU.L. For additional features, visit the drawdowns tool.
Volatility
JREE.DE vs. JREU.L - Volatility Comparison
JPMorgan Europe Research Enhanced Index Equity (ESG) UCITS ETF EUR (acc) (JREE.DE) has a higher volatility of 5.28% compared to JPMorgan US Research Enhanced Index Equity UCITS ETF - USD (acc) (JREU.L) at 3.74%. This indicates that JREE.DE's price experiences larger fluctuations and is considered to be riskier than JREU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.