JREU.L vs. SPYL.DE
Compare and contrast key facts about JPMorgan US Research Enhanced Index Equity UCITS ETF - USD (acc) (JREU.L) and SPDR S&P 500 UCITS ETF USD Unhedged Acc (SPYL.DE).
JREU.L and SPYL.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. SPYL.DE is a passively managed fund by State Street that tracks the performance of the S&P 500®. It was launched on Oct 31, 2023. Both JREU.L and SPYL.DE 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: JREU.L or SPYL.DE.
Key characteristics
| JREU.L | SPYL.DE | |
|---|---|---|
| YTD Return | 27.09% | 30.33% |
| Daily Std Dev | 11.75% | 12.26% |
| Max Drawdown | -34.56% | -8.25% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between JREU.L and SPYL.DE is 0.92, 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
JREU.L vs. SPYL.DE - Performance Comparison
In the year-to-date period, JREU.L achieves a 27.09% return, which is significantly lower than SPYL.DE's 30.33% 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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JREU.L vs. SPYL.DE - Expense Ratio Comparison
JREU.L has a 0.20% expense ratio, which is higher than SPYL.DE's 0.03% 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
JREU.L vs. SPYL.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan US Research Enhanced Index Equity UCITS ETF - USD (acc) (JREU.L) and SPDR S&P 500 UCITS ETF USD Unhedged Acc (SPYL.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.
Not enough dataDividends
JREU.L vs. SPYL.DE - Dividend Comparison
Neither JREU.L nor SPYL.DE has paid dividends to shareholders.
Drawdowns
JREU.L vs. SPYL.DE - Drawdown Comparison
The maximum JREU.L drawdown since its inception was -34.56%, which is greater than SPYL.DE's maximum drawdown of -8.25%. Use the drawdown chart below to compare losses from any high point for JREU.L and SPYL.DE. For additional features, visit the drawdowns tool.
Volatility
JREU.L vs. SPYL.DE - Volatility Comparison
JPMorgan US Research Enhanced Index Equity UCITS ETF - USD (acc) (JREU.L) has a higher volatility of 3.75% compared to SPDR S&P 500 UCITS ETF USD Unhedged Acc (SPYL.DE) at 3.52%. This indicates that JREU.L's price experiences larger fluctuations and is considered to be riskier than SPYL.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.