JRZE.L vs. JEIP.L
JRZE.L (JPMorgan Eurozone Research Enhanced Index Equity (ESG) UCITS ETF EUR (acc)) and JEIP.L (JPM US Equity Premium Income Active UCITS ETF USD Dist) are both exchange-traded funds - JRZE.L is a Europe Equities fund tracking the MSCI EMU NR EUR, while JEIP.L is a Derivative Income fund actively managed by JPMorgan. JRZE.L is passively managed, while JEIP.L is actively managed. Over the past year, JRZE.L returned 21.36% vs 9.32% for JEIP.L. At a 0.29 correlation, their price movements are largely independent. JRZE.L charges 0.25%/yr vs 0.35%/yr for JEIP.L.
Performance
JRZE.L vs. JEIP.L - Performance Comparison
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Returns By Period
In the year-to-date period, JRZE.L achieves a 8.11% return, which is significantly higher than JEIP.L's 0.23% return.
JRZE.L
- 1D
- 0.42%
- 1M
- 4.70%
- YTD
- 8.11%
- 6M
- 9.51%
- 1Y
- 21.36%
- 3Y*
- 15.69%
- 5Y*
- —
- 10Y*
- —
JEIP.L
- 1D
- 0.14%
- 1M
- -0.02%
- YTD
- 0.23%
- 6M
- 0.29%
- 1Y
- 9.32%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JRZE.L vs. JEIP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
JRZE.L JPMorgan Eurozone Research Enhanced Index Equity (ESG) UCITS ETF EUR (acc) | 8.11% | 29.94% | 1.11% |
JEIP.L JPM US Equity Premium Income Active UCITS ETF USD Dist | 0.23% | 0.86% | 0.59% |
Correlation
The correlation between JRZE.L and JEIP.L is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Nov 7, 2024 | 0.29 |
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Return for Risk
JRZE.L vs. JEIP.L — Risk / Return Rank
JRZE.L
JEIP.L
JRZE.L vs. JEIP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Eurozone Research Enhanced Index Equity (ESG) UCITS ETF EUR (acc) (JRZE.L) and JPM US Equity Premium Income Active UCITS ETF USD Dist (JEIP.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.
| JRZE.L | JEIP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.37 | ||
| Sortino ratioReturn per unit of downside risk | +0.56 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.19 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.92 | 1.50 | +0.42 |
| Martin ratioReturn relative to average drawdown | 6.73 | 4.37 | +2.36 |
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
| JRZE.L | JEIP.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.48 | 1.11 | +0.37 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.82 | 0.10 | +0.72 |
Drawdowns
JRZE.L vs. JEIP.L - Drawdown Comparison
The maximum JRZE.L drawdown since its inception was -17.17%, which is greater than JEIP.L's maximum drawdown of -15.73%. Use the drawdown chart below to compare losses from any high point for JRZE.L and JEIP.L.
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Drawdown Indicators
| JRZE.L | JEIP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.17% | -15.73% | -1.44% |
Max Drawdown (1Y)Largest decline over 1 year | -11.09% | -6.18% | -4.91% |
Max Drawdown (3Y)Largest decline over 3 years | -17.17% | — | — |
Current DrawdownCurrent decline from peak | -0.07% | -4.46% | +4.39% |
Average DrawdownAverage peak-to-trough decline | -5.49% | -5.25% | -0.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.17% | 2.13% | +1.04% |
Volatility
JRZE.L vs. JEIP.L - Volatility Comparison
JPMorgan Eurozone Research Enhanced Index Equity (ESG) UCITS ETF EUR (acc) (JRZE.L) has a higher volatility of 4.64% compared to JPM US Equity Premium Income Active UCITS ETF USD Dist (JEIP.L) at 2.64%. This indicates that JRZE.L's price experiences larger fluctuations and is considered to be riskier than JEIP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JRZE.L | JEIP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.64% | 2.64% | +2.00% |
Volatility (6M)Calculated over the trailing 6-month period | 11.73% | 6.23% | +5.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.37% | 8.39% | +5.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.13% | 11.22% | +7.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.13% | 11.22% | +7.91% |
JRZE.L vs. JEIP.L - Expense Ratio Comparison
JRZE.L has a 0.25% expense ratio, which is lower than JEIP.L's 0.35% expense ratio.
Dividends
JRZE.L vs. JEIP.L - Dividend Comparison
JRZE.L has not paid dividends to shareholders, while JEIP.L's dividend yield for the trailing twelve months is around 8.32%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
JEIP.L JPM US Equity Premium Income Active UCITS ETF USD Dist | 8.32% | 7.18% | 0.61% |
JRZE.L JPMorgan Eurozone Research Enhanced Index Equity (ESG) UCITS ETF EUR (acc) | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
JRZE.L and JEIP.L have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JRZE.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JRZE.L is cheaper with a 0.25% expense ratio, compared with 0.35% for JEIP.L.
JRZE.L is categorized as Europe Equities, while JEIP.L is Derivative Income. Their fees differ too: 0.25% for JRZE.L and 0.35% for JEIP.L.
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