JRIE.L vs. JGRE.L
JRIE.L (JPMorgan Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (dist)) and JGRE.L (JPMorgan Global Research Enhanced Index Equity UCITS ETF - USD (acc)) are both exchange-traded funds - JRIE.L is a Japan Equities fund tracking the TOPIX TR JPY, while JGRE.L is a Global Equities fund tracking the MSCI ACWI NR USD. Both are passively managed. Over the past 3 years, JRIE.L returned 17.01%/yr vs 17.09%/yr for JGRE.L. At a 0.19 correlation, their price movements are largely independent. Both charge a 0.25% expense ratio.
Performance
JRIE.L vs. JGRE.L - Performance Comparison
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Returns By Period
In the year-to-date period, JRIE.L achieves a 16.88% return, which is significantly higher than JGRE.L's 9.61% return.
JRIE.L
- 1D
- -0.38%
- 1M
- 6.24%
- YTD
- 16.88%
- 6M
- 15.92%
- 1Y
- 34.73%
- 3Y*
- 17.01%
- 5Y*
- —
- 10Y*
- —
JGRE.L
- 1D
- 0.12%
- 1M
- 4.66%
- YTD
- 9.61%
- 6M
- 10.05%
- 1Y
- 26.28%
- 3Y*
- 17.09%
- 5Y*
- 13.30%
- 10Y*
- —
JRIE.L vs. JGRE.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% |
JGRE.L JPMorgan Global Research Enhanced Index Equity UCITS ETF - USD (acc) | 9.61% | 11.65% | 20.63% | 18.59% | 5.82% |
Correlation
The correlation between JRIE.L and JGRE.L is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Jun 23, 2022 | 0.19 |
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Return for Risk
JRIE.L vs. JGRE.L — Risk / Return Rank
JRIE.L
JGRE.L
JRIE.L vs. JGRE.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 JPMorgan Global Research Enhanced Index Equity UCITS ETF - USD (acc) (JGRE.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 | JGRE.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.33 | ||
| Sortino ratioReturn per unit of downside risk | +2.16 | ||
| Omega ratioGain probability vs. loss probability | 1.84 | 1.49 | +0.35 |
| Calmar ratioReturn relative to maximum drawdown | 16.64 | 3.93 | +12.71 |
| Martin ratioReturn relative to average drawdown | 46.46 | 16.25 | +30.21 |
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 | JGRE.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.92 | 2.59 | +2.33 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 1.01 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 3.80 | 0.92 | +2.88 |
Drawdowns
JRIE.L vs. JGRE.L - Drawdown Comparison
The maximum JRIE.L drawdown since its inception was -13.10%, smaller than the maximum JGRE.L drawdown of -25.31%. Use the drawdown chart below to compare losses from any high point for JRIE.L and JGRE.L.
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Drawdown Indicators
| JRIE.L | JGRE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.10% | -25.31% | +12.21% |
Max Drawdown (1Y)Largest decline over 1 year | -10.14% | -6.65% | -3.49% |
Max Drawdown (3Y)Largest decline over 3 years | -13.10% | -18.49% | +5.39% |
Max Drawdown (5Y)Largest decline over 5 years | — | -18.49% | — |
Current DrawdownCurrent decline from peak | -0.38% | -0.17% | -0.21% |
Average DrawdownAverage peak-to-trough decline | -2.88% | -3.10% | +0.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.61% | — |
Volatility
JRIE.L vs. JGRE.L - Volatility Comparison
JPMorgan Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (dist) (JRIE.L) has a higher volatility of 3.86% compared to JPMorgan Global Research Enhanced Index Equity UCITS ETF - USD (acc) (JGRE.L) at 2.48%. This indicates that JRIE.L's price experiences larger fluctuations and is considered to be riskier than JGRE.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 | JGRE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.86% | 2.48% | +1.38% |
Volatility (6M)Calculated over the trailing 6-month period | — | 7.20% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 34.53% | 10.12% | +24.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.66% | 13.16% | +22.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.66% | 15.06% | +20.60% |
JRIE.L vs. JGRE.L - Expense Ratio Comparison
Both JRIE.L and JGRE.L have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
JRIE.L vs. JGRE.L - Dividend Comparison
JRIE.L's dividend yield for the trailing twelve months is around 1.52%, while JGRE.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
JGRE.L JPMorgan Global Research Enhanced Index Equity UCITS ETF - USD (acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
JRIE.L JPMorgan Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (dist) | 1.52% | 1.81% | 1.53% | 1.72% | 2.14% |
Frequently Asked Questions
JRIE.L and JGRE.L have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
JRIE.L and JGRE.L have the same expense ratio: 0.25% per year.
JRIE.L is categorized as Japan Equities, while JGRE.L is Global Equities. JRIE.L tracks TOPIX TR JPY, while JGRE.L tracks MSCI ACWI NR USD.
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