JRJE.L vs. LBRE.DE
JRJE.L (JPMorgan Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (acc)) and LBRE.DE (Lyxor STOXX Europe 600 Basic Resources UCITS ETF Acc) are both exchange-traded funds - JRJE.L is a Japan Equities fund tracking the TOPIX TR JPY, while LBRE.DE is a Industrials Equities fund tracking the STOXX® Europe 600 Basic Resources. Both are passively managed. Over the past 3 years, JRJE.L returned 17.56%/yr vs 16.71%/yr for LBRE.DE. At a 0.35 correlation, their price movements are largely independent. JRJE.L charges 0.25%/yr vs 0.30%/yr for LBRE.DE.
Performance
JRJE.L vs. LBRE.DE - Performance Comparison
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Different Trading Currencies
JRJE.L is traded in GBp, while LBRE.DE is traded in EUR. To make them comparable, the LBRE.DE values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, JRJE.L achieves a 19.44% return, which is significantly higher than LBRE.DE's 17.08% return.
JRJE.L
- 1D
- 0.50%
- 1M
- 3.52%
- YTD
- 19.44%
- 6M
- 19.65%
- 1Y
- 39.05%
- 3Y*
- 17.56%
- 5Y*
- —
- 10Y*
- —
LBRE.DE
- 1D
- 0.71%
- 1M
- -8.70%
- YTD
- 17.08%
- 6M
- 19.38%
- 1Y
- 74.26%
- 3Y*
- 16.71%
- 5Y*
- 10.10%
- 10Y*
- 16.15%
JRJE.L vs. LBRE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
JRJE.L JPMorgan Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (acc) | 19.44% | 15.91% | 9.56% | 13.90% | -0.96% |
LBRE.DE Lyxor STOXX Europe 600 Basic Resources UCITS ETF Acc | 17.08% | 40.01% | -12.84% | -4.37% | -5.53% |
Correlation
The correlation between JRJE.L and LBRE.DE is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Apr 5, 2022 | 0.35 |
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Return for Risk
JRJE.L vs. LBRE.DE — Risk / Return Rank
JRJE.L
LBRE.DE
JRJE.L vs. LBRE.DE - 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 (acc) (JRJE.L) and Lyxor STOXX Europe 600 Basic Resources UCITS ETF Acc (LBRE.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| JRJE.L | LBRE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.75 | ||
| Sortino ratioReturn per unit of downside risk | -0.70 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.44 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 3.66 | 4.22 | -0.57 |
| Martin ratioReturn relative to average drawdown | 11.59 | 15.51 | -3.92 |
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Drawdowns
JRJE.L vs. LBRE.DE - Drawdown Comparison
The maximum JRJE.L drawdown since its inception was -14.26%, smaller than the maximum LBRE.DE drawdown of -75.15%. Use the drawdown chart below to compare losses from any high point for JRJE.L and LBRE.DE.
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Drawdown Indicators
| JRJE.L | LBRE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.26% | -75.15% | +60.89% |
Max Drawdown (1Y)Largest decline over 1 year | -10.63% | -17.49% | +6.86% |
Max Drawdown (3Y)Largest decline over 3 years | -14.26% | -33.25% | +18.99% |
Max Drawdown (5Y)Largest decline over 5 years | — | -35.28% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -42.26% | — |
Current DrawdownCurrent decline from peak | -3.07% | -13.00% | +9.93% |
Average DrawdownAverage peak-to-trough decline | -3.25% | -31.58% | +28.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.36% | 4.77% | -1.41% |
Volatility
JRJE.L vs. LBRE.DE - Volatility Comparison
The current volatility for JPMorgan Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (acc) (JRJE.L) is 6.50%, while Lyxor STOXX Europe 600 Basic Resources UCITS ETF Acc (LBRE.DE) has a volatility of 9.40%. This indicates that JRJE.L experiences smaller price fluctuations and is considered to be less risky than LBRE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JRJE.L | LBRE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.50% | 9.40% | -2.90% |
Volatility (6M)Calculated over the trailing 6-month period | 15.58% | 22.57% | -6.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.93% | 26.39% | -7.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.20% | 25.52% | -9.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.20% | 26.59% | -10.39% |
JRJE.L vs. LBRE.DE - Expense Ratio Comparison
JRJE.L has a 0.25% expense ratio, which is lower than LBRE.DE's 0.30% expense ratio.
Dividends
JRJE.L vs. LBRE.DE - Dividend Comparison
Neither JRJE.L nor LBRE.DE has paid dividends to shareholders.
Frequently Asked Questions
JRJE.L and LBRE.DE have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JRJE.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JRJE.L is cheaper with a 0.25% expense ratio, compared with 0.30% for LBRE.DE.
JRJE.L is categorized as Japan Equities, while LBRE.DE is Industrials Equities. JRJE.L tracks TOPIX TR JPY, while LBRE.DE tracks STOXX® Europe 600 Basic Resources. They also come from different issuers: JPMorgan and Amundi. Their fees differ too: 0.25% for JRJE.L and 0.30% for LBRE.DE.
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