JRIE.L vs. EEJG.L
JRIE.L (JPMorgan Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (dist)) and EEJG.L (iShares MSCI Japan ESG Enhanced UCITS ETF USD (Dist)) are both Japan Equities funds tracking the TOPIX TR JPY, from JPMorgan and iShares respectively. Both are passively managed. Over the past 3 years, JRIE.L returned 17.01%/yr vs 14.25%/yr for EEJG.L. At a 0.25 correlation, their price movements are largely independent. JRIE.L charges 0.25%/yr vs 0.15%/yr for EEJG.L.
Performance
JRIE.L vs. EEJG.L - Performance Comparison
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Different Trading Currencies
JRIE.L is traded in GBp, while EEJG.L is traded in GBP. To make them comparable, the EEJG.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, JRIE.L achieves a 16.88% return, which is significantly higher than EEJG.L's 15.84% return.
JRIE.L
- 1D
- -0.38%
- 1M
- 6.24%
- YTD
- 16.88%
- 6M
- 15.92%
- 1Y
- 34.73%
- 3Y*
- 17.01%
- 5Y*
- —
- 10Y*
- —
EEJG.L
- 1D
- -0.30%
- 1M
- 5.45%
- YTD
- 15.84%
- 6M
- 15.60%
- 1Y
- 34.38%
- 3Y*
- 14.25%
- 5Y*
- 9.31%
- 10Y*
- —
JRIE.L vs. EEJG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
JRIE.L JPMorgan Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (dist) | 16.88% | 14.41% | 12.30% | 14.34% | 4.72% |
EEJG.L iShares MSCI Japan ESG Enhanced UCITS ETF USD (Dist) | 15.84% | 17.60% | 6.43% | 13.48% | 6.38% |
Correlation
The correlation between JRIE.L and EEJG.L is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Jun 23, 2022 | 0.25 |
The correlation between JRIE.L and EEJG.L shifts across timeframes, from 0.25 (all time) to 0.42 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
JRIE.L vs. EEJG.L — Risk / Return Rank
JRIE.L
EEJG.L
JRIE.L vs. EEJG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (dist) (JRIE.L) and iShares MSCI Japan ESG Enhanced UCITS ETF USD (Dist) (EEJG.L). 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.
| JRIE.L | EEJG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.10 | ||
| Sortino ratioReturn per unit of downside risk | +3.09 | ||
| Omega ratioGain probability vs. loss probability | 1.84 | 1.35 | +0.49 |
| Calmar ratioReturn relative to maximum drawdown | 16.64 | 3.01 | +13.64 |
| Martin ratioReturn relative to average drawdown | 46.46 | 9.84 | +36.62 |
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
| JRIE.L | EEJG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.92 | 1.82 | +3.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.58 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 3.80 | 0.66 | +3.14 |
Drawdowns
JRIE.L vs. EEJG.L - Drawdown Comparison
The maximum JRIE.L drawdown since its inception was -13.10%, smaller than the maximum EEJG.L drawdown of -19.37%. Use the drawdown chart below to compare losses from any high point for JRIE.L and EEJG.L.
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Drawdown Indicators
| JRIE.L | EEJG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.10% | -19.37% | +6.27% |
Max Drawdown (1Y)Largest decline over 1 year | -10.14% | -11.39% | +1.25% |
Max Drawdown (3Y)Largest decline over 3 years | -13.10% | -13.99% | +0.89% |
Max Drawdown (5Y)Largest decline over 5 years | — | -19.37% | — |
Current DrawdownCurrent decline from peak | -0.38% | -0.30% | -0.08% |
Average DrawdownAverage peak-to-trough decline | -2.88% | -5.78% | +2.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.48% | — |
Volatility
JRIE.L vs. EEJG.L - Volatility Comparison
The current volatility for JPMorgan Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (dist) (JRIE.L) is 3.86%, while iShares MSCI Japan ESG Enhanced UCITS ETF USD (Dist) (EEJG.L) has a volatility of 4.29%. This indicates that JRIE.L experiences smaller price fluctuations and is considered to be less risky than EEJG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JRIE.L | EEJG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.86% | 4.29% | -0.43% |
Volatility (6M)Calculated over the trailing 6-month period | — | 15.23% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 34.53% | 18.80% | +15.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.66% | 15.92% | +19.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.66% | 15.99% | +19.67% |
JRIE.L vs. EEJG.L - Expense Ratio Comparison
JRIE.L has a 0.25% expense ratio, which is higher than EEJG.L's 0.15% 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
JRIE.L vs. EEJG.L - Dividend Comparison
JRIE.L's dividend yield for the trailing twelve months is around 1.52%, more than EEJG.L's 1.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
EEJG.L iShares MSCI Japan ESG Enhanced UCITS ETF USD (Dist) | 1.36% | 1.57% | 1.81% | 1.74% | 2.10% | 1.69% | 1.64% |
JRIE.L JPMorgan Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (dist) | 1.52% | 1.81% | 1.53% | 1.72% | 2.14% | 0.00% | 0.00% |
Frequently Asked Questions
JRIE.L and EEJG.L have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EEJG.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EEJG.L is cheaper with a 0.15% expense ratio, compared with 0.25% for JRIE.L.
Both ETFs track TOPIX TR JPY. They also come from different issuers: JPMorgan and iShares. Their fees differ too: 0.25% for JRIE.L and 0.15% for EEJG.L.
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