JRZD.L vs. IEVL.L
JRZD.L (JPM Eurozone Research Enhanced Index Equity Active UCITS ETF - EUR (dis)) and IEVL.L (iShares Edge MSCI Europe Value Factor UCITS ETF EUR Accumulating) are both Europe Equities funds. JRZD.L is actively managed, while IEVL.L is passively managed. Over the past 3 years, JRZD.L returned 15.94%/yr vs 21.76%/yr for IEVL.L. Their correlation of 0.88 suggests significant overlap in exposure.
Performance
JRZD.L vs. IEVL.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, JRZD.L achieves a 12.09% return, which is significantly lower than IEVL.L's 16.34% return.
JRZD.L
- 1D
- -0.33%
- 1M
- 0.09%
- 6M
- 8.35%
- YTD
- 12.09%
- 1Y
- 22.35%
- 3Y*
- 15.94%
- 5Y*
- —
- 10Y*
- —
IEVL.L
- 1D
- -0.07%
- 1M
- 1.17%
- 6M
- 13.20%
- YTD
- 16.34%
- 1Y
- 34.34%
- 3Y*
- 21.76%
- 5Y*
- 15.56%
- 10Y*
- 11.11%
JRZD.L vs. IEVL.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% |
IEVL.L iShares Edge MSCI Europe Value Factor UCITS ETF EUR Accumulating | 16.34% | 35.04% | 10.57% | 13.52% | -2.84% |
Correlation
The correlation between JRZD.L and IEVL.L is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.89 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.88 |
Correlation (All Time) Calculated using the full available price history since May 4, 2022 | 0.88 |
The correlation between JRZD.L and IEVL.L has been stable across timeframes, ranging from 0.88 to 0.89 - 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. IEVL.L — Risk / Return Rank
JRZD.L
IEVL.L
JRZD.L vs. IEVL.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 iShares Edge MSCI Europe Value Factor UCITS ETF EUR Accumulating (IEVL.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 | IEVL.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.85 | ||
| Sortino ratioReturn per unit of downside risk | -1.05 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.44 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 2.25 | 3.49 | -1.24 |
| Martin ratioReturn relative to average drawdown | 8.24 | 13.14 | -4.90 |
Loading charts...
Drawdowns
JRZD.L vs. IEVL.L - Drawdown Comparison
The maximum JRZD.L drawdown since its inception was -14.99%, smaller than the maximum IEVL.L drawdown of -40.09%. Use the drawdown chart below to compare losses from any high point for JRZD.L and IEVL.L.
Loading charts...
Drawdown Indicators
| JRZD.L | IEVL.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.99% | -40.09% | +25.10% |
Max Drawdown (1Y)Largest decline over 1 year | -10.30% | -9.79% | -0.51% |
Max Drawdown (3Y)Largest decline over 3 years | -14.78% | -17.43% | +2.65% |
Max Drawdown (5Y)Largest decline over 5 years | — | -19.55% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -40.09% | — |
Current DrawdownCurrent decline from peak | -2.49% | -1.07% | -1.42% |
Average DrawdownAverage peak-to-trough decline | -2.85% | -7.43% | +4.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.81% | 2.61% | +0.20% |
Volatility
JRZD.L vs. IEVL.L - Volatility Comparison
JPM Eurozone Research Enhanced Index Equity Active UCITS ETF - EUR (dis) (JRZD.L) and iShares Edge MSCI Europe Value Factor UCITS ETF EUR Accumulating (IEVL.L) have volatilities of 4.24% and 4.24%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JRZD.L | IEVL.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.24% | 4.24% | 0.00% |
Volatility (6M)Calculated over the trailing 6-month period | 12.36% | 11.83% | +0.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.80% | 14.14% | +0.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.53% | 15.37% | +0.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.53% | 17.28% | -1.75% |
Dividends
JRZD.L vs. IEVL.L - Dividend Comparison
JRZD.L's dividend yield for the trailing twelve months is around 2.30%, while IEVL.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
IEVL.L iShares Edge MSCI Europe Value Factor UCITS ETF EUR Accumulating | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
JRZD.L JPM Eurozone Research Enhanced Index Equity Active UCITS ETF - EUR (dis) | 2.30% | 2.59% | 2.73% | 3.21% | 1.76% |
Frequently Asked Questions
JRZD.L and IEVL.L have a correlation of 0.89, 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 iShares.
Find the right allocation for JRZD.L and IEVL.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