JRZD.L vs. FRXD.L
JRZD.L (JPM Eurozone Research Enhanced Index Equity Active UCITS ETF - EUR (dis)) and FRXD.L (Franklin European Quality Dividend UCITS ETF) are both Europe Equities funds. JRZD.L is actively managed, while FRXD.L is passively managed. Over the past 3 years, JRZD.L returned 15.94%/yr vs 19.64%/yr for FRXD.L. A 0.62 correlation means they provide meaningful diversification when combined.
Performance
JRZD.L vs. FRXD.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, JRZD.L achieves a 12.09% return, which is significantly higher than FRXD.L's 11.06% return.
JRZD.L
- 1D
- -0.33%
- 1M
- 0.09%
- 6M
- 8.35%
- YTD
- 12.09%
- 1Y
- 22.35%
- 3Y*
- 15.94%
- 5Y*
- —
- 10Y*
- —
FRXD.L
- 1D
- -0.85%
- 1M
- -1.52%
- 6M
- 10.24%
- YTD
- 11.06%
- 1Y
- 19.06%
- 3Y*
- 19.64%
- 5Y*
- 12.20%
- 10Y*
- —
JRZD.L vs. FRXD.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
JRZD.L JPM Eurozone Research Enhanced Index Equity Active UCITS ETF - EUR (dis) | 12.09% | 23.20% | 8.54% | 20.11% | 0.90% |
FRXD.L Franklin European Quality Dividend UCITS ETF | 11.06% | 24.01% | 12.76% | 10.32% | -4.22% |
Correlation
The correlation between JRZD.L and FRXD.L is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.54 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since May 4, 2022 | 0.62 |
The correlation between JRZD.L and FRXD.L has been stable across timeframes, ranging from 0.54 to 0.62 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
JRZD.L vs. FRXD.L — Risk / Return Rank
JRZD.L
FRXD.L
JRZD.L vs. FRXD.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPM Eurozone Research Enhanced Index Equity Active UCITS ETF - EUR (dis) (JRZD.L) and Franklin European Quality Dividend UCITS ETF (FRXD.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.
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.
| JRZD.L | FRXD.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.59 | ||
| Sortino ratioReturn per unit of downside risk | -0.82 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.39 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.25 | 5.71 | -3.46 |
| Martin ratioReturn relative to average drawdown | 8.24 | 13.52 | -5.28 |
Loading charts...
Drawdowns
JRZD.L vs. FRXD.L - Drawdown Comparison
The maximum JRZD.L drawdown since its inception was -14.99%, smaller than the maximum FRXD.L drawdown of -35.42%. Use the drawdown chart below to compare losses from any high point for JRZD.L and FRXD.L.
Loading charts...
Drawdown Indicators
| JRZD.L | FRXD.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.99% | -35.42% | +20.43% |
Max Drawdown (1Y)Largest decline over 1 year | -10.30% | -3.30% | -7.00% |
Max Drawdown (3Y)Largest decline over 3 years | -14.78% | -10.26% | -4.52% |
Max Drawdown (5Y)Largest decline over 5 years | — | -14.39% | — |
Current DrawdownCurrent decline from peak | -2.49% | -2.31% | -0.18% |
Average DrawdownAverage peak-to-trough decline | -2.85% | -3.86% | +1.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.81% | 1.39% | +1.42% |
Volatility
JRZD.L vs. FRXD.L - Volatility Comparison
JPM Eurozone Research Enhanced Index Equity Active UCITS ETF - EUR (dis) (JRZD.L) has a higher volatility of 4.24% compared to Franklin European Quality Dividend UCITS ETF (FRXD.L) at 2.57%. This indicates that JRZD.L's price experiences larger fluctuations and is considered to be riskier than FRXD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JRZD.L | FRXD.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.24% | 2.57% | +1.67% |
Volatility (6M)Calculated over the trailing 6-month period | 12.36% | 6.82% | +5.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.80% | 8.72% | +6.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.53% | 11.25% | +4.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.53% | 13.50% | +2.03% |
Dividends
JRZD.L vs. FRXD.L - Dividend Comparison
JRZD.L's dividend yield for the trailing twelve months is around 2.30%, less than FRXD.L's 3.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
FRXD.L Franklin European Quality Dividend UCITS ETF | 3.98% | 4.28% | 4.30% | 5.00% | 5.20% | 4.63% | 3.53% | 4.42% | 5.53% |
JRZD.L JPM Eurozone Research Enhanced Index Equity Active UCITS ETF - EUR (dis) | 2.30% | 2.59% | 2.73% | 3.21% | 1.76% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
JRZD.L and FRXD.L have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: ETF Issuer and Franklin.
Find the right allocation for JRZD.L and FRXD.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer