JSET.L vs. JU13.L
JSET.L (JPM EUR Ultra-Short Income Active UCITS ETF – EUR (acc)) and JU13.L (JPM BetaBuilders US Treasury Bond 1-3 yr UCITS ETF - USD (acc)) are both exchange-traded funds - JSET.L is a Dividend fund actively managed by ETF Issuer, while JU13.L is a Government Bonds fund tracking the JPM BetaBuilders US Treasury Bond 1-3 yr UCITS ETF - USD (acc). JSET.L is actively managed, while JU13.L is passively managed. Over the past 5 years, JSET.L returned 1.84%/yr vs 2.51%/yr for JU13.L. At a 0.42 correlation, their price movements are largely independent. JSET.L charges 0.08%/yr vs 0.10%/yr for JU13.L.
Performance
JSET.L vs. JU13.L - Performance Comparison
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Different Trading Currencies
JSET.L is traded in GBP, while JU13.L is traded in USD. To make them comparable, the JU13.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 -1.70% return, which is significantly lower than JU13.L's 1.31% return.
JSET.L
- 1D
- -0.70%
- 1M
- -1.59%
- 6M
- -1.17%
- YTD
- -1.70%
- 1Y
- -0.09%
- 3Y*
- 2.93%
- 5Y*
- 1.84%
- 10Y*
- —
JU13.L
- 1D
- -0.16%
- 1M
- 0.27%
- 6M
- 1.08%
- YTD
- 1.31%
- 1Y
- 3.21%
- 3Y*
- 3.40%
- 5Y*
- 2.51%
- 10Y*
- —
JSET.L vs. JU13.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
JSET.L JPM EUR Ultra-Short Income Active UCITS ETF – EUR (acc) | -1.70% | 7.88% | -0.75% | 1.33% | 5.03% | -6.82% | 5.33% | -4.77% | -10.78% |
JU13.L JPM BetaBuilders US Treasury Bond 1-3 yr UCITS ETF - USD (acc) | 1.31% | -2.33% | 5.85% | -1.15% | 7.64% | 0.29% | 0.17% | -0.29% | 6.81% |
Correlation
The correlation between JSET.L and JU13.L is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Jun 6, 2018 | 0.42 |
The correlation between JSET.L and JU13.L shifts across timeframes, from 0.31 (3 years) to 0.42 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
JSET.L vs. JU13.L — Risk / Return Rank
JSET.L
JU13.L
JSET.L vs. JU13.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 BetaBuilders US Treasury Bond 1-3 yr UCITS ETF - USD (acc) (JU13.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 | JU13.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.58 | ||
| Sortino ratioReturn per unit of downside risk | -0.83 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.10 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | -0.03 | 0.67 | -0.70 |
| Martin ratioReturn relative to average drawdown | -0.08 | 1.81 | -1.89 |
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Drawdowns
JSET.L vs. JU13.L - Drawdown Comparison
The maximum JSET.L drawdown since its inception was -18.28%, roughly equal to the maximum JU13.L drawdown of -18.49%. Use the drawdown chart below to compare losses from any high point for JSET.L and JU13.L.
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Drawdown Indicators
| JSET.L | JU13.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.28% | -18.49% | +0.21% |
Max Drawdown (1Y)Largest decline over 1 year | -2.70% | -5.22% | +2.52% |
Max Drawdown (3Y)Largest decline over 3 years | -14.03% | -9.21% | -4.82% |
Max Drawdown (5Y)Largest decline over 5 years | -14.03% | -16.70% | +2.67% |
Current DrawdownCurrent decline from peak | -7.86% | -7.73% | -0.13% |
Average DrawdownAverage peak-to-trough decline | -12.12% | -9.24% | -2.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.05% | 1.93% | -0.88% |
Volatility
JSET.L vs. JU13.L - Volatility Comparison
The current volatility for JPM EUR Ultra-Short Income Active UCITS ETF – EUR (acc) (JSET.L) is 1.01%, while JPM BetaBuilders US Treasury Bond 1-3 yr UCITS ETF - USD (acc) (JU13.L) has a volatility of 1.65%. This indicates that JSET.L experiences smaller price fluctuations and is considered to be less risky than JU13.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 | JU13.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.01% | 1.65% | -0.64% |
Volatility (6M)Calculated over the trailing 6-month period | 2.79% | 4.88% | -2.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.98% | 6.29% | -2.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.13% | 8.17% | +1.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.08% | 8.53% | +1.55% |
JSET.L vs. JU13.L - Expense Ratio Comparison
JSET.L has a 0.08% expense ratio, which is lower than JU13.L's 0.10% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
JSET.L vs. JU13.L - Dividend Comparison
Neither JSET.L nor JU13.L has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
JSET.L JPM EUR Ultra-Short Income Active UCITS ETF – EUR (acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
JU13.L JPM BetaBuilders US Treasury Bond 1-3 yr UCITS ETF - USD (acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.97% |
Frequently Asked Questions
JSET.L and JU13.L have a correlation of 0.32, 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 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JSET.L is cheaper with a 0.08% expense ratio, compared with 0.10% for JU13.L.
JSET.L is categorized as Dividend, while JU13.L is Government Bonds. Their fees differ too: 0.08% for JSET.L and 0.10% for JU13.L.
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