JRZD.L vs. JREU.L
JRZD.L (JPM Eurozone Research Enhanced Index Equity Active UCITS ETF EUR (Dist)) and JREU.L (JPMorgan US Research Enhanced Index Equity UCITS ETF - USD (acc)) are both exchange-traded funds - JRZD.L is a Europe Equities fund actively managed by JPMorgan, while JREU.L is a Large Cap Blend Equities fund tracking the Russell 1000 TR USD. JRZD.L is actively managed, while JREU.L is passively managed. Over the past 3 years, JRZD.L returned 16.12%/yr vs 18.14%/yr for JREU.L. A 0.60 correlation means they provide meaningful diversification when combined. JRZD.L charges 0.25%/yr vs 0.20%/yr for JREU.L.
Performance
JRZD.L vs. JREU.L - Performance Comparison
Loading charts...
Different Trading Currencies
JRZD.L is traded in EUR, while JREU.L is traded in USD. To make them comparable, the JREU.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, JRZD.L achieves a 12.63% return, which is significantly higher than JREU.L's 11.22% return.
JRZD.L
- 1D
- 0.15%
- 1M
- -0.29%
- 6M
- 8.56%
- YTD
- 12.63%
- 1Y
- 22.34%
- 3Y*
- 16.12%
- 5Y*
- —
- 10Y*
- —
JREU.L
- 1D
- -1.11%
- 1M
- -0.17%
- 6M
- 9.27%
- YTD
- 11.22%
- 1Y
- 20.49%
- 3Y*
- 18.14%
- 5Y*
- 13.39%
- 10Y*
- —
JRZD.L vs. JREU.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
JRZD.L JPM Eurozone Research Enhanced Index Equity Active UCITS ETF EUR (Dist) | 12.63% | 23.20% | 8.54% | 20.11% | 0.90% |
JREU.L JPMorgan US Research Enhanced Index Equity UCITS ETF - USD (acc) | 11.22% | 2.50% | 33.38% | 24.50% | -9.35% |
Correlation
The correlation between JRZD.L and JREU.L is 0.57, 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 | 0.57 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since May 4, 2022 | 0.60 |
The correlation between JRZD.L and JREU.L has been stable across timeframes, ranging from 0.55 to 0.60 - 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. JREU.L — Risk / Return Rank
JRZD.L
JREU.L
JRZD.L vs. JREU.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 (Dist) (JRZD.L) and JPMorgan US Research Enhanced Index Equity UCITS ETF - USD (acc) (JREU.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 | JREU.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.04 | ||
| Sortino ratioReturn per unit of downside risk | 0.00 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.31 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.30 | 3.05 | -0.74 |
| Martin ratioReturn relative to average drawdown | 8.45 | 10.61 | -2.16 |
Loading charts...
Drawdowns
JRZD.L vs. JREU.L - Drawdown Comparison
The maximum JRZD.L drawdown since its inception was -14.99%, smaller than the maximum JREU.L drawdown of -34.07%. Use the drawdown chart below to compare losses from any high point for JRZD.L and JREU.L.
Loading charts...
Drawdown Indicators
| JRZD.L | JREU.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.99% | -34.07% | +19.08% |
Max Drawdown (1Y)Largest decline over 1 year | -10.30% | -6.70% | -3.60% |
Max Drawdown (3Y)Largest decline over 3 years | -14.78% | -22.79% | +8.01% |
Max Drawdown (5Y)Largest decline over 5 years | — | -22.79% | — |
Current DrawdownCurrent decline from peak | -2.03% | -1.47% | -0.56% |
Average DrawdownAverage peak-to-trough decline | -2.85% | -4.53% | +1.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.81% | 1.93% | +0.88% |
Volatility
JRZD.L vs. JREU.L - Volatility Comparison
JPM Eurozone Research Enhanced Index Equity Active UCITS ETF EUR (Dist) (JRZD.L) has a higher volatility of 4.24% compared to JPMorgan US Research Enhanced Index Equity UCITS ETF - USD (acc) (JREU.L) at 3.08%. This indicates that JRZD.L's price experiences larger fluctuations and is considered to be riskier than JREU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JRZD.L | JREU.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.24% | 3.08% | +1.16% |
Volatility (6M)Calculated over the trailing 6-month period | 12.35% | 9.21% | +3.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.79% | 12.51% | +2.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.53% | 16.11% | -0.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.53% | 17.85% | -2.32% |
JRZD.L vs. JREU.L - Expense Ratio Comparison
JRZD.L has a 0.25% expense ratio, which is higher than JREU.L's 0.20% 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
JRZD.L vs. JREU.L - Dividend Comparison
JRZD.L's dividend yield for the trailing twelve months is around 2.29%, while JREU.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
JREU.L JPMorgan US Research Enhanced Index Equity UCITS ETF - USD (acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
JRZD.L JPM Eurozone Research Enhanced Index Equity Active UCITS ETF EUR (Dist) | 2.29% | 2.59% | 2.73% | 3.21% | 1.76% |
Frequently Asked Questions
JRZD.L and JREU.L have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JREU.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JREU.L is cheaper with a 0.20% expense ratio, compared with 0.25% for JRZD.L.
JRZD.L is categorized as Europe Equities, while JREU.L is Large Cap Blend Equities. Their fees differ too: 0.25% for JRZD.L and 0.20% for JREU.L.
Find the right allocation for JRZD.L and JREU.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