JREM.DE vs. JREU.DE

Last updated Jun 5, 2026

JREM.DE (JPMorgan Global Emerging Markets Research Enhanced Index Equity (ESG) UCITS ETF USD (acc)) and JREU.DE (JPMorgan US Research Enhanced Index Equity (ESG) UCITS ETF USD (acc)) are both exchange-traded funds - JREM.DE is a Emerging Markets Equities fund tracking the JP Morgan Global Emerging Markets Research Enhanced Index Equity (ESG), while JREU.DE is a Large Cap Blend Equities fund tracking the JP Morgan US Research Enhanced Index Equity (ESG). Both are passively managed. Over the past 5 years, JREM.DE returned 8.30%/yr vs 14.71%/yr for JREU.DE. A 0.60 correlation means they provide meaningful diversification when combined. JREM.DE charges 0.30%/yr vs 0.20%/yr for JREU.DE.

Performance

JREM.DE vs. JREU.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in JPMorgan Global Emerging Markets Research Enhanced Index Equity (ESG) UCITS ETF USD (acc) (JREM.DE) and JPMorgan US Research Enhanced Index Equity (ESG) UCITS ETF USD (acc) (JREU.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JREM.DE achieves a 30.82% return, which is significantly higher than JREU.DE's 10.64% return.

JREM.DE

• 1D: -1.57%
• 1M: 6.61%
• YTD: 30.82%
• 6M: 32.74%
• 1Y: 54.32%
• 3Y*: 21.35%
• 5Y*: 8.30%
• 10Y*: —

JREU.DE

• 1D: -0.14%
• 1M: 4.62%
• YTD: 10.64%
• 6M: 10.88%
• 1Y: 24.62%
• 3Y*: 18.34%
• 5Y*: 14.71%
• 10Y*: —

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

JREM.DE vs. JREU.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
JREM.DE JPMorgan Global Emerging Markets Research Enhanced Index Equity (ESG) UCITS ETF USD (acc)	30.82%	19.77%	12.75%	4.21%	-15.62%	4.87%	8.43%	24.14%	-2.66%
JREU.DE JPMorgan US Research Enhanced Index Equity (ESG) UCITS ETF USD (acc)	10.64%	3.77%	32.09%	24.03%	-14.67%	42.44%	8.56%	34.56%	-6.24%

Correlation

The correlation between JREM.DE and JREU.DE is 0.67, 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	0.67
Correlation (3Y) Calculated over the trailing 3-year period	0.57
Correlation (5Y) Calculated over the trailing 5-year period	0.55
Correlation (All Time) Calculated using the full available price history since Dec 14, 2018	0.60

The correlation between JREM.DE and JREU.DE shifts across timeframes, from 0.55 (5 years) to 0.67 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

JREM.DE vs. JREU.DE — Risk / Return Rank

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

JREM.DE

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

JREU.DE

JREU.DE Risk / Return Rank: 69
JREU.DE Sharpe Ratio Rank: 66
JREU.DE Sortino Ratio Rank: 64
JREU.DE Omega Ratio Rank: 68
JREU.DE Calmar Ratio Rank: 73
JREU.DE Martin Ratio Rank: 72

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.

JREM.DE vs. JREU.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Global Emerging Markets Research Enhanced Index Equity (ESG) UCITS ETF USD (acc) (JREM.DE) and JPMorgan US Research Enhanced Index Equity (ESG) UCITS ETF USD (acc) (JREU.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.

	JREM.DE	JREU.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.99	2.15	+0.84
Sortino ratio: Return per unit of downside risk	3.96	2.93	+1.03
Omega ratio: Gain probability vs. loss probability	1.54	1.40	+0.14
Calmar ratio: Return relative to maximum drawdown	5.31	3.60	+1.71
Martin ratio: Return relative to average drawdown	19.31	13.47	+5.84
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JREM.DE vs. JREU.DE - Sharpe Ratio Comparison

The current JREM.DE Sharpe Ratio is 2.99, which is higher than the JREU.DE Sharpe Ratio of 2.15. The chart below compares the historical Sharpe Ratios of JREM.DE and JREU.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

	JREM.DE	JREU.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.99	2.15	+0.84
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.48	0.95	-0.47
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	0.90	-0.34

Drawdowns

JREM.DE vs. JREU.DE - Drawdown Comparison

The maximum JREM.DE drawdown since its inception was -30.28%, smaller than the maximum JREU.DE drawdown of -34.39%. Use the drawdown chart below to compare losses from any high point for JREM.DE and JREU.DE.

Drawdown Indicators

	JREM.DE	JREU.DE	Difference
Max Drawdown Largest peak-to-trough decline	-30.28%	-34.39%	+4.11%
Max Drawdown (1Y) Largest decline over 1 year	-10.19%	-6.81%	-3.38%
Max Drawdown (3Y) Largest decline over 3 years	-19.29%	-23.38%	+4.09%
Max Drawdown (5Y) Largest decline over 5 years	-25.75%	-23.38%	-2.37%
Current Drawdown Current decline from peak	-2.47%	-0.49%	-1.98%
Average Drawdown Average peak-to-trough decline	-10.68%	-4.52%	-6.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.81%	1.82%	+0.99%

Volatility

JREM.DE vs. JREU.DE - Volatility Comparison

JPMorgan Global Emerging Markets Research Enhanced Index Equity (ESG) UCITS ETF USD (acc) (JREM.DE) has a higher volatility of 7.19% compared to JPMorgan US Research Enhanced Index Equity (ESG) UCITS ETF USD (acc) (JREU.DE) at 2.53%. This indicates that JREM.DE's price experiences larger fluctuations and is considered to be riskier than JREU.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JREM.DE	JREU.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.19%	2.53%	+4.66%
Volatility (6M) Calculated over the trailing 6-month period	15.32%	7.43%	+7.89%
Volatility (1Y) Calculated over the trailing 1-year period	18.09%	11.42%	+6.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.94%	15.28%	+1.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.97%	17.23%	+1.74%

JREM.DE vs. JREU.DE - Expense Ratio Comparison

JREM.DE has a 0.30% expense ratio, which is higher than JREU.DE's 0.20% expense ratio.

Dividends

JREM.DE vs. JREU.DE - Dividend Comparison

Neither JREM.DE nor JREU.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both JREM.DE and JREU.DE in my portfolio?

JREM.DE and JREU.DE have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JREM.DE or JREU.DE?

On fees, JREU.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JREM.DE or JREU.DE?

JREU.DE is cheaper with a 0.20% expense ratio, compared with 0.30% for JREM.DE.

What is the main difference between JREM.DE and JREU.DE?

JREM.DE is categorized as Emerging Markets Equities, while JREU.DE is Large Cap Blend Equities. JREM.DE tracks JP Morgan Global Emerging Markets Research Enhanced Index Equity (ESG), while JREU.DE tracks JP Morgan US Research Enhanced Index Equity (ESG). Their fees differ too: 0.30% for JREM.DE and 0.20% for JREU.DE.