JSET.L vs. JEGP.L
JSET.L (JPM EUR Ultra-Short Income Active UCITS ETF EUR (Acc)) and JEGP.L (JPM Global Equity Premium Income Active UCITS ETF - USD Dist) are both exchange-traded funds - JSET.L is a Ultrashort Bond fund actively managed by JPMorgan, while JEGP.L is a Global Equity Income fund actively managed by JPMorgan. Both are actively managed. Over the past year, JSET.L returned 0.24% vs 4.16% for JEGP.L. At a 0.17 correlation, their price movements are largely independent. JSET.L charges 0.18%/yr vs 0.35%/yr for JEGP.L.
Performance
JSET.L vs. JEGP.L - Performance Comparison
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Different Trading Currencies
JSET.L is traded in GBP, while JEGP.L is traded in GBp. To make them comparable, the JEGP.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, JSET.L achieves a -1.64% return, which is significantly lower than JEGP.L's -0.05% return.
JSET.L
- 1D
- 0.06%
- 1M
- -1.77%
- 6M
- -1.06%
- YTD
- -1.64%
- 1Y
- 0.24%
- 3Y*
- 2.87%
- 5Y*
- 1.85%
- 10Y*
- —
JEGP.L
- 1D
- 0.00%
- 1M
- 0.83%
- 6M
- -0.90%
- YTD
- -0.05%
- 1Y
- 4.16%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JSET.L vs. JEGP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
JSET.L JPM EUR Ultra-Short Income Active UCITS ETF EUR (Acc) | -1.64% | 7.88% | -0.75% | 0.99% |
JEGP.L JPM Global Equity Premium Income Active UCITS ETF - USD Dist | -0.05% | 4.70% | 9.52% | 7,918.65% |
Correlation
The correlation between JSET.L and JEGP.L is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Nov 30, 2023 | 0.17 |
The correlation between JSET.L and JEGP.L shifts across timeframes, from 0.17 (all time) to 0.29 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
JSET.L vs. JEGP.L — Risk / Return Rank
JSET.L
JEGP.L
JSET.L vs. JEGP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPM EUR Ultra-Short Income Active UCITS ETF EUR (Acc) (JSET.L) and JPM Global Equity Premium Income Active UCITS ETF - USD Dist (JEGP.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.
| JSET.L | JEGP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.52 | ||
| Sortino ratioReturn per unit of downside risk | -0.76 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.08 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | -0.07 | 0.45 | -0.52 |
| Martin ratioReturn relative to average drawdown | -0.18 | 1.11 | -1.29 |
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Drawdowns
JSET.L vs. JEGP.L - Drawdown Comparison
The maximum JSET.L drawdown since its inception was -18.28%, which is greater than JEGP.L's maximum drawdown of -9.25%. Use the drawdown chart below to compare losses from any high point for JSET.L and JEGP.L.
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Drawdown Indicators
| JSET.L | JEGP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.28% | -9.25% | -9.03% |
Max Drawdown (1Y)Largest decline over 1 year | -2.70% | -9.25% | +6.55% |
Max Drawdown (3Y)Largest decline over 3 years | -14.03% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -14.03% | — | — |
Current DrawdownCurrent decline from peak | -7.80% | -5.60% | -2.20% |
Average DrawdownAverage peak-to-trough decline | -12.12% | -2.82% | -9.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.07% | 3.75% | -2.68% |
Volatility
JSET.L vs. JEGP.L - Volatility Comparison
The current volatility for JPM EUR Ultra-Short Income Active UCITS ETF EUR (Acc) (JSET.L) is 1.00%, while JPM Global Equity Premium Income Active UCITS ETF - USD Dist (JEGP.L) has a volatility of 2.91%. This indicates that JSET.L experiences smaller price fluctuations and is considered to be less risky than JEGP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JSET.L | JEGP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.00% | 2.91% | -1.91% |
Volatility (6M)Calculated over the trailing 6-month period | 2.79% | 6.93% | -4.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.98% | 8.90% | -4.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.13% | 4,849.55% | -4,839.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.07% | 4,849.55% | -4,839.48% |
JSET.L vs. JEGP.L - Expense Ratio Comparison
JSET.L has a 0.18% expense ratio, which is lower than JEGP.L's 0.35% expense ratio.
Dividends
JSET.L vs. JEGP.L - Dividend Comparison
JSET.L has not paid dividends to shareholders, while JEGP.L's dividend yield for the trailing twelve months is around 8.22%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
JEGP.L JPM Global Equity Premium Income Active UCITS ETF - USD Dist | 8.22% | 8.01% | 6.39% |
JSET.L JPM EUR Ultra-Short Income Active UCITS ETF EUR (Acc) | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
JSET.L and JEGP.L have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JSET.L is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JSET.L is cheaper with a 0.18% expense ratio, compared with 0.35% for JEGP.L.
JSET.L is categorized as Ultrashort Bond, while JEGP.L is Global Equity Income. Their fees differ too: 0.18% for JSET.L and 0.35% for JEGP.L.
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