JREE.L vs. MVED.L

Last updated Apr 2, 2026

Compare and contrast key facts about JPMorgan Europe Research Enhanced Index Equity UCITS ETF - EUR (acc) (JREE.L) and iShares Edge MSCI Europe Minimum Volatility UCITS ETF EUR (Dist) (MVED.L).

JREE.L and MVED.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JREE.L is a passively managed fund by JPMorgan that tracks the performance of the MSCI Europe NR EUR. It was launched on Jun 30, 2020. MVED.L is a passively managed fund by BlackRock that tracks the performance of the MSCI Europe NR EUR. It was launched on Feb 23, 2018. Both JREE.L and MVED.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.

Performance

JREE.L vs. MVED.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in JPMorgan Europe Research Enhanced Index Equity UCITS ETF - EUR (acc) (JREE.L) and iShares Edge MSCI Europe Minimum Volatility UCITS ETF EUR (Dist) (MVED.L). The values are adjusted to include any dividend payments, if applicable.

JREE.L vs. MVED.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
JREE.L JPMorgan Europe Research Enhanced Index Equity UCITS ETF - EUR (acc)	1.82%	19.14%	7.41%	16.76%	-8.83%	25.54%	-1.80%	28.90%	-5.76%
MVED.L iShares Edge MSCI Europe Minimum Volatility UCITS ETF EUR (Dist)	5.12%	8.77%	8.89%	10.72%	-12.60%	21.51%	-3.86%	22.67%	-3.48%

Returns By Period

In the year-to-date period, JREE.L achieves a 1.82% return, which is significantly lower than MVED.L's 5.12% return.

JREE.L

• 1D: 2.61%
• 1M: -4.02%
• YTD: 1.82%
• 6M: 7.55%
• 1Y: 13.09%
• 3Y*: 11.84%
• 5Y*: 9.81%
• 10Y*: —

MVED.L

• 1D: 1.33%
• 1M: -2.87%
• YTD: 5.12%
• 6M: 5.68%
• 1Y: 5.50%
• 3Y*: 8.82%
• 5Y*: 7.11%
• 10Y*: —

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

JREE.L vs. MVED.L - Expense Ratio Comparison

Both JREE.L and MVED.L have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

JREE.L

JPMorgan Europe Research Enhanced Index Equity UCITS ETF - EUR (acc)

MVED.L

iShares Edge MSCI Europe Minimum Volatility UCITS ETF EUR (Dist)

Return for Risk

JREE.L vs. MVED.L — Risk / Return Rank

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

JREE.L

JREE.L Risk / Return Rank: 43
JREE.L Sharpe Ratio Rank: 43
JREE.L Sortino Ratio Rank: 39
JREE.L Omega Ratio Rank: 42
JREE.L Calmar Ratio Rank: 46
JREE.L Martin Ratio Rank: 45

MVED.L

MVED.L Risk / Return Rank: 24
MVED.L Sharpe Ratio Rank: 24
MVED.L Sortino Ratio Rank: 22
MVED.L Omega Ratio Rank: 25
MVED.L Calmar Ratio Rank: 26
MVED.L Martin Ratio Rank: 23

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.L vs. MVED.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Europe Research Enhanced Index Equity UCITS ETF - EUR (acc) (JREE.L) and iShares Edge MSCI Europe Minimum Volatility UCITS ETF EUR (Dist) (MVED.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.

	JREE.L	MVED.L	Difference
Sharpe ratio Return per unit of total volatility	0.85	0.46	+0.39
Sortino ratio Return per unit of downside risk	1.18	0.66	+0.52
Omega ratio Gain probability vs. loss probability	1.18	1.10	+0.07
Calmar ratio Return relative to maximum drawdown	1.38	0.68	+0.70
Martin ratio Return relative to average drawdown	4.93	1.88	+3.06
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.L vs. MVED.L - Sharpe Ratio Comparison

The current JREE.L Sharpe Ratio is 0.85, which is higher than the MVED.L Sharpe Ratio of 0.46. The chart below compares the historical Sharpe Ratios of JREE.L and MVED.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	JREE.L	MVED.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.85	0.46	+0.39
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.69	0.65	+0.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.62	0.54	+0.09

Correlation

The correlation between JREE.L and MVED.L is 0.85, 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.

Dividends

JREE.L vs. MVED.L - Dividend Comparison

Neither JREE.L nor MVED.L has paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
JREE.L JPMorgan Europe Research Enhanced Index Equity UCITS ETF - EUR (acc)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
MVED.L iShares Edge MSCI Europe Minimum Volatility UCITS ETF EUR (Dist)	0.00%	0.00%	0.00%	2.67%	2.95%	2.16%	2.54%	2.81%	2.50%

Drawdowns

JREE.L vs. MVED.L - Drawdown Comparison

The maximum JREE.L drawdown since its inception was -35.07%, which is greater than MVED.L's maximum drawdown of -30.56%. Use the drawdown chart below to compare losses from any high point for JREE.L and MVED.L.

Drawdown Indicators

	JREE.L	MVED.L	Difference
Max Drawdown Largest peak-to-trough decline	-35.07%	-30.56%	-4.51%
Max Drawdown (1Y) Largest decline over 1 year	-12.19%	-9.10%	-3.09%
Max Drawdown (5Y) Largest decline over 5 years	-19.25%	-19.54%	+0.29%
Current Drawdown Current decline from peak	-5.79%	-3.68%	-2.11%
Average Drawdown Average peak-to-trough decline	-4.56%	-5.22%	+0.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.78%	3.26%	-0.48%

Volatility

JREE.L vs. MVED.L - Volatility Comparison

JPMorgan Europe Research Enhanced Index Equity UCITS ETF - EUR (acc) (JREE.L) has a higher volatility of 5.85% compared to iShares Edge MSCI Europe Minimum Volatility UCITS ETF EUR (Dist) (MVED.L) at 4.01%. This indicates that JREE.L's price experiences larger fluctuations and is considered to be riskier than MVED.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JREE.L	MVED.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.85%	4.01%	+1.84%
Volatility (6M) Calculated over the trailing 6-month period	9.21%	6.69%	+2.52%
Volatility (1Y) Calculated over the trailing 1-year period	15.30%	11.84%	+3.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.29%	10.98%	+3.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.55%	12.69%	+3.86%