JRZE.L vs. JMRE.L
Compare and contrast key facts about JPMorgan Eurozone Research Enhanced Index Equity (ESG) UCITS ETF EUR (acc) (JRZE.L) and JPMorgan Global Emerging Markets Research Enhanced Index Equity (ESG) UCITS ETF USD (acc) (JMRE.L).
JRZE.L and JMRE.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JRZE.L is a passively managed fund by JPMorgan that tracks the performance of the MSCI EMU NR EUR. It was launched on Apr 26, 2022. JMRE.L is a passively managed fund by JPMorgan that tracks the performance of the MSCI EM NR USD. It was launched on Dec 6, 2018. Both JRZE.L and JMRE.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JRZE.L or JMRE.L.
Key characteristics
| JRZE.L | JMRE.L | |
|---|---|---|
| YTD Return | 6.11% | 4.09% |
| 1Y Return | 14.59% | 5.63% |
| Sharpe Ratio | 0.57 | 0.12 |
| Daily Std Dev | 25.53% | 48.86% |
| Max Drawdown | -17.17% | -31.64% |
| Current Drawdown | -12.72% | -18.97% |
Correlation
The correlation between JRZE.L and JMRE.L is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
JRZE.L vs. JMRE.L - Performance Comparison
In the year-to-date period, JRZE.L achieves a 6.11% return, which is significantly higher than JMRE.L's 4.09% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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JRZE.L vs. JMRE.L - Expense Ratio Comparison
JRZE.L has a 0.25% expense ratio, which is lower than JMRE.L's 0.30% expense ratio.
Risk-Adjusted Performance
JRZE.L vs. JMRE.L - Risk-Adjusted Performance 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 JPMorgan Global Emerging Markets Research Enhanced Index Equity (ESG) UCITS ETF USD (acc) (JMRE.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.
Dividends
JRZE.L vs. JMRE.L - Dividend Comparison
Neither JRZE.L nor JMRE.L has paid dividends to shareholders.
Drawdowns
JRZE.L vs. JMRE.L - Drawdown Comparison
The maximum JRZE.L drawdown since its inception was -17.17%, smaller than the maximum JMRE.L drawdown of -31.64%. Use the drawdown chart below to compare losses from any high point for JRZE.L and JMRE.L. For additional features, visit the drawdowns tool.
Volatility
JRZE.L vs. JMRE.L - Volatility Comparison
JPMorgan Eurozone Research Enhanced Index Equity (ESG) UCITS ETF EUR (acc) (JRZE.L) and JPMorgan Global Emerging Markets Research Enhanced Index Equity (ESG) UCITS ETF USD (acc) (JMRE.L) have volatilities of 4.11% and 4.16%, 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.