JRGD.DE vs. MVEW.DE
JRGD.DE (JPMorgan Global Research Enhanced Index Equity (ESG) UCITS ETF USD (dist)) and MVEW.DE (iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc)) are both Global Equities funds - JRGD.DE tracks the JP Morgan Global Research Enhanced Index Equity (ESG) while MVEW.DE tracks the MSCI ACWI NR USD. Both are passively managed. Over the past 3 years, JRGD.DE returned 16.83%/yr vs 6.53%/yr for MVEW.DE. A 0.72 correlation means they provide meaningful diversification when combined. JRGD.DE charges 0.25%/yr vs 0.30%/yr for MVEW.DE.
Performance
JRGD.DE vs. MVEW.DE - Performance Comparison
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Returns By Period
In the year-to-date period, JRGD.DE achieves a 10.32% return, which is significantly higher than MVEW.DE's 1.17% return.
JRGD.DE
- 1D
- 0.00%
- 1M
- 4.30%
- YTD
- 10.32%
- 6M
- 10.92%
- 1Y
- 22.73%
- 3Y*
- 16.83%
- 5Y*
- —
- 10Y*
- —
MVEW.DE
- 1D
- 0.07%
- 1M
- 1.79%
- YTD
- 1.17%
- 6M
- 1.16%
- 1Y
- 0.46%
- 3Y*
- 6.53%
- 5Y*
- 6.47%
- 10Y*
- —
JRGD.DE vs. MVEW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
JRGD.DE JPMorgan Global Research Enhanced Index Equity (ESG) UCITS ETF USD (dist) | 10.32% | 6.67% | 25.38% | 21.25% | -13.07% | 10.88% |
MVEW.DE iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) | 1.17% | -0.99% | 17.25% | 6.27% | -5.98% | 8.39% |
Correlation
The correlation between JRGD.DE and MVEW.DE is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.62 |
Correlation (All Time) Calculated using the full available price history since Sep 23, 2021 | 0.72 |
Over the past year, the correlation between JRGD.DE and MVEW.DE has dropped to 0.43 - well below their long-term average of 0.72, suggesting their price drivers have been diverging.
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Return for Risk
JRGD.DE vs. MVEW.DE — Risk / Return Rank
JRGD.DE
MVEW.DE
JRGD.DE vs. MVEW.DE - 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 (dist) (JRGD.DE) and iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) (MVEW.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.
| JRGD.DE | MVEW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.02 | ||
| Sortino ratioReturn per unit of downside risk | +2.76 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.02 | +0.38 |
| Calmar ratioReturn relative to maximum drawdown | 3.73 | 0.10 | +3.63 |
| Martin ratioReturn relative to average drawdown | 15.47 | 0.20 | +15.27 |
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
| JRGD.DE | MVEW.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.07 | 0.06 | +2.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.62 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.85 | 0.63 | +0.22 |
Drawdowns
JRGD.DE vs. MVEW.DE - Drawdown Comparison
The maximum JRGD.DE drawdown since its inception was -21.56%, which is greater than MVEW.DE's maximum drawdown of -13.19%. Use the drawdown chart below to compare losses from any high point for JRGD.DE and MVEW.DE.
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Drawdown Indicators
| JRGD.DE | MVEW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.56% | -13.19% | -8.37% |
Max Drawdown (1Y)Largest decline over 1 year | -6.06% | -4.68% | -1.38% |
Max Drawdown (3Y)Largest decline over 3 years | -21.56% | -13.19% | -8.37% |
Max Drawdown (5Y)Largest decline over 5 years | — | -13.19% | — |
Current DrawdownCurrent decline from peak | -0.35% | -5.75% | +5.40% |
Average DrawdownAverage peak-to-trough decline | -4.26% | -3.83% | -0.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.47% | 2.27% | -0.80% |
Volatility
JRGD.DE vs. MVEW.DE - Volatility Comparison
The current volatility for JPMorgan Global Research Enhanced Index Equity (ESG) UCITS ETF USD (dist) (JRGD.DE) is 2.43%, while iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) (MVEW.DE) has a volatility of 2.58%. This indicates that JRGD.DE experiences smaller price fluctuations and is considered to be less risky than MVEW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JRGD.DE | MVEW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.43% | 2.58% | -0.15% |
Volatility (6M)Calculated over the trailing 6-month period | 7.47% | 5.42% | +2.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.91% | 7.97% | +2.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.33% | 10.25% | +4.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.33% | 10.82% | +3.51% |
JRGD.DE vs. MVEW.DE - Expense Ratio Comparison
JRGD.DE has a 0.25% expense ratio, which is lower than MVEW.DE's 0.30% expense ratio.
Dividends
JRGD.DE vs. MVEW.DE - Dividend Comparison
JRGD.DE's dividend yield for the trailing twelve months is around 0.89%, while MVEW.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
JRGD.DE JPMorgan Global Research Enhanced Index Equity (ESG) UCITS ETF USD (dist) | 0.89% | 0.89% | 0.91% | 0.85% | 1.44% |
MVEW.DE iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
JRGD.DE and MVEW.DE have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JRGD.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JRGD.DE is cheaper with a 0.25% expense ratio, compared with 0.30% for MVEW.DE.
JRGD.DE tracks JP Morgan Global Research Enhanced Index Equity (ESG), while MVEW.DE tracks MSCI ACWI NR USD. They also come from different issuers: JPMorgan and iShares. Their fees differ too: 0.25% for JRGD.DE and 0.30% for MVEW.DE.
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