JREG.L vs. FXAIX

Last updated Apr 3, 2026

Compare and contrast key facts about JPMorgan Global Research Enhanced Index Equity UCITS ETF - USD (acc) (JREG.L) and Fidelity 500 Index Fund (FXAIX).

JREG.L is a passively managed fund by JPMorgan that tracks the performance of the MSCI ACWI NR USD. It was launched on Oct 10, 2018. FXAIX is a passively managed fund by Fidelity that tracks the performance of the S&P 500 Index. It was launched on Feb 17, 1988. Both JREG.L and FXAIX 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

JREG.L vs. FXAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Global Research Enhanced Index Equity UCITS ETF - USD (acc) (JREG.L) and Fidelity 500 Index Fund (FXAIX). The values are adjusted to include any dividend payments, if applicable.

JREG.L vs. FXAIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
JREG.L JPMorgan Global Research Enhanced Index Equity UCITS ETF - USD (acc)	-2.68%	19.75%	18.68%	25.69%	-17.71%	24.33%	17.21%	27.94%	-9.05%
FXAIX Fidelity 500 Index Fund	-3.65%	17.84%	25.01%	26.29%	-18.14%	28.71%	18.42%	31.48%	-10.41%

Returns By Period

In the year-to-date period, JREG.L achieves a -2.68% return, which is significantly higher than FXAIX's -3.65% return.

JREG.L

• 1D: -0.62%
• 1M: -2.44%
• YTD: -2.68%
• 6M: 1.01%
• 1Y: 18.57%
• 3Y*: 17.10%
• 5Y*: 10.74%
• 10Y*: —

FXAIX

• 1D: 0.72%
• 1M: -3.44%
• YTD: -3.65%
• 6M: -1.50%
• 1Y: 17.37%
• 3Y*: 18.58%
• 5Y*: 11.95%
• 10Y*: 14.16%

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

JREG.L vs. FXAIX - Expense Ratio Comparison

JREG.L has a 0.25% expense ratio, which is higher than FXAIX's 0.02% 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%.

JREG.L

JPMorgan Global Research Enhanced Index Equity UCITS ETF - USD (acc)

FXAIX

Fidelity 500 Index Fund

Return for Risk

JREG.L vs. FXAIX — Risk / Return Rank

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

JREG.L

JREG.L Risk / Return Rank: 71
JREG.L Sharpe Ratio Rank: 64
JREG.L Sortino Ratio Rank: 64
JREG.L Omega Ratio Rank: 62
JREG.L Calmar Ratio Rank: 81
JREG.L Martin Ratio Rank: 86

FXAIX

FXAIX Risk / Return Rank: 50
FXAIX Sharpe Ratio Rank: 42
FXAIX Sortino Ratio Rank: 45
FXAIX Omega Ratio Rank: 49
FXAIX Calmar Ratio Rank: 50
FXAIX Martin Ratio Rank: 62

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.

JREG.L vs. FXAIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Global Research Enhanced Index Equity UCITS ETF - USD (acc) (JREG.L) and Fidelity 500 Index Fund (FXAIX). 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.L	FXAIX	Difference
Sharpe ratio Return per unit of total volatility	1.20	1.00	+0.20
Sortino ratio Return per unit of downside risk	1.71	1.52	+0.20
Omega ratio Gain probability vs. loss probability	1.24	1.23	+0.01
Calmar ratio Return relative to maximum drawdown	2.67	1.53	+1.14
Martin ratio Return relative to average drawdown	11.61	7.30	+4.32
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JREG.L vs. FXAIX - Sharpe Ratio Comparison

The current JREG.L Sharpe Ratio is 1.20, which is comparable to the FXAIX Sharpe Ratio of 1.00. The chart below compares the historical Sharpe Ratios of JREG.L and FXAIX, 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

	JREG.L	FXAIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.20	1.00	+0.20
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.69	0.71	-0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.79	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.74	0.77	-0.03

Correlation

The correlation between JREG.L and FXAIX is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

JREG.L vs. FXAIX - Dividend Comparison

JREG.L has not paid dividends to shareholders, while FXAIX's dividend yield for the trailing twelve months is around 1.16%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JREG.L JPMorgan Global Research Enhanced Index Equity UCITS ETF - USD (acc)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FXAIX Fidelity 500 Index Fund	1.16%	1.11%	1.25%	1.45%	1.69%	1.22%	1.60%	2.06%	2.72%	1.97%	2.52%	2.83%

Drawdowns

JREG.L vs. FXAIX - Drawdown Comparison

The maximum JREG.L drawdown since its inception was -33.82%, roughly equal to the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for JREG.L and FXAIX.

Drawdown Indicators

	JREG.L	FXAIX	Difference
Max Drawdown Largest peak-to-trough decline	-33.82%	-33.79%	-0.03%
Max Drawdown (1Y) Largest decline over 1 year	-8.58%	-8.89%	+0.31%
Max Drawdown (5Y) Largest decline over 5 years	-25.33%	-24.50%	-0.83%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.79%	—
Current Drawdown Current decline from peak	-5.84%	-5.56%	-0.28%
Average Drawdown Average peak-to-trough decline	-4.92%	-3.83%	-1.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.94%	2.55%	-0.61%

Volatility

JREG.L vs. FXAIX - Volatility Comparison

JPMorgan Global Research Enhanced Index Equity UCITS ETF - USD (acc) (JREG.L) and Fidelity 500 Index Fund (FXAIX) have volatilities of 5.19% and 5.37%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JREG.L	FXAIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.19%	5.37%	-0.18%
Volatility (6M) Calculated over the trailing 6-month period	8.81%	9.55%	-0.74%
Volatility (1Y) Calculated over the trailing 1-year period	15.43%	18.32%	-2.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.44%	16.92%	-1.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.12%	18.05%	-0.93%