JREG.DE vs. IWDA.AS
JREG.DE (JPMorgan Global Research Enhanced Index Equity (ESG) UCITS ETF USD (acc)) and IWDA.AS (iShares Core MSCI World UCITS ETF USD (Acc)) are both Global Equities funds - JREG.DE tracks the JP Morgan Global Research Enhanced Index Equity (ESG) while IWDA.AS tracks the MSCI World Index. Both are passively managed. Over the past 5 years, JREG.DE returned 13.13%/yr vs 12.88%/yr for IWDA.AS. With a 0.98 correlation, they move nearly in lockstep. JREG.DE charges 0.25%/yr vs 0.20%/yr for IWDA.AS.
Performance
JREG.DE vs. IWDA.AS - Performance Comparison
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Returns By Period
In the year-to-date period, JREG.DE achieves a 10.36% return, which is significantly lower than IWDA.AS's 11.06% return.
JREG.DE
- 1D
- -0.04%
- 1M
- 4.29%
- YTD
- 10.36%
- 6M
- 11.00%
- 1Y
- 22.86%
- 3Y*
- 16.95%
- 5Y*
- 13.13%
- 10Y*
- —
IWDA.AS
- 1D
- -0.03%
- 1M
- 4.79%
- YTD
- 11.06%
- 6M
- 11.31%
- 1Y
- 23.80%
- 3Y*
- 17.53%
- 5Y*
- 12.88%
- 10Y*
- 12.81%
JREG.DE vs. IWDA.AS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
JREG.DE JPMorgan Global Research Enhanced Index Equity (ESG) UCITS ETF USD (acc) | 10.36% | 6.82% | 25.54% | 21.37% | -13.19% | 35.15% | 6.53% | 32.00% | -8.18% |
IWDA.AS iShares Core MSCI World UCITS ETF USD (Acc) | 11.06% | 7.08% | 27.23% | 19.89% | -13.54% | 32.54% | 6.20% | 29.58% | -8.13% |
Correlation
The correlation between JREG.DE and IWDA.AS is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.99 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.98 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.99 |
Correlation (All Time) Calculated using the full available price history since Oct 17, 2018 | 0.98 |
The correlation between JREG.DE and IWDA.AS has been stable across timeframes, ranging from 0.98 to 0.99 - a consistent structural relationship.
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Return for Risk
JREG.DE vs. IWDA.AS — Risk / Return Rank
JREG.DE
IWDA.AS
JREG.DE vs. IWDA.AS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Global Research Enhanced Index Equity (ESG) UCITS ETF USD (acc) (JREG.DE) and iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.AS). 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.
| JREG.DE | IWDA.AS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.09 | ||
| Sortino ratioReturn per unit of downside risk | -0.15 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.41 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.74 | 3.64 | +0.10 |
| Martin ratioReturn relative to average drawdown | 15.51 | 14.53 | +0.98 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| JREG.DE | IWDA.AS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.07 | 2.15 | -0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.92 | 0.90 | +0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.84 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.87 | 0.82 | +0.05 |
Drawdowns
JREG.DE vs. IWDA.AS - Drawdown Comparison
The maximum JREG.DE drawdown since its inception was -33.56%, roughly equal to the maximum IWDA.AS drawdown of -33.63%. Use the drawdown chart below to compare losses from any high point for JREG.DE and IWDA.AS.
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Drawdown Indicators
| JREG.DE | IWDA.AS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.56% | -33.63% | +0.07% |
Max Drawdown (1Y)Largest decline over 1 year | -6.09% | -6.45% | +0.36% |
Max Drawdown (3Y)Largest decline over 3 years | -21.42% | -21.59% | +0.17% |
Max Drawdown (5Y)Largest decline over 5 years | -21.42% | -21.59% | +0.17% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.63% | — |
Current DrawdownCurrent decline from peak | -0.42% | -0.34% | -0.08% |
Average DrawdownAverage peak-to-trough decline | -4.26% | -4.25% | -0.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.47% | 1.63% | -0.16% |
Volatility
JREG.DE vs. IWDA.AS - Volatility Comparison
The current volatility for JPMorgan Global Research Enhanced Index Equity (ESG) UCITS ETF USD (acc) (JREG.DE) is 2.46%, while iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.AS) has a volatility of 2.62%. This indicates that JREG.DE experiences smaller price fluctuations and is considered to be less risky than IWDA.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JREG.DE | IWDA.AS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.46% | 2.62% | -0.16% |
Volatility (6M)Calculated over the trailing 6-month period | 7.56% | 7.61% | -0.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.01% | 10.90% | +0.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.04% | 14.08% | -0.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.96% | 14.99% | +0.97% |
JREG.DE vs. IWDA.AS - Expense Ratio Comparison
JREG.DE has a 0.25% expense ratio, which is higher than IWDA.AS'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%.
Dividends
JREG.DE vs. IWDA.AS - Dividend Comparison
Neither JREG.DE nor IWDA.AS has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.99, JREG.DE and IWDA.AS 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.
On fees, IWDA.AS is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IWDA.AS is cheaper with a 0.20% expense ratio, compared with 0.25% for JREG.DE.
JREG.DE tracks JP Morgan Global Research Enhanced Index Equity (ESG), while IWDA.AS tracks MSCI World Index. They also come from different issuers: JPMorgan and iShares. Their fees differ too: 0.25% for JREG.DE and 0.20% for IWDA.AS.
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