JUKC.L vs. FEUZ.L

Last updated Jun 5, 2026

JUKC.L (JPMorgan UK Equity Core UCITS ETF GBP (acc)) and FEUZ.L (First Trust Eurozone AlphaDEX® UCITS ETF Class A Shares) are both Europe Equities funds - JUKC.L tracks the FTSE AllSh TR GBP while FEUZ.L tracks the MSCI EMU NR EUR. Both are passively managed. Over the past 3 years, JUKC.L returned 14.98%/yr vs 22.57%/yr for FEUZ.L. A 0.56 correlation means they provide meaningful diversification when combined. JUKC.L charges 0.25%/yr vs 0.80%/yr for FEUZ.L.

Performance

JUKC.L vs. FEUZ.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in JPMorgan UK Equity Core UCITS ETF GBP (acc) (JUKC.L) and First Trust Eurozone AlphaDEX® UCITS ETF Class A Shares (FEUZ.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JUKC.L achieves a 6.47% return, which is significantly lower than FEUZ.L's 12.51% return.

JUKC.L

• 1D: 0.34%
• 1M: 2.18%
• YTD: 6.47%
• 6M: 8.36%
• 1Y: 20.86%
• 3Y*: 14.98%
• 5Y*: —
• 10Y*: —

FEUZ.L

• 1D: 0.40%
• 1M: 3.03%
• YTD: 12.51%
• 6M: 15.50%
• 1Y: 34.11%
• 3Y*: 22.57%
• 5Y*: 11.74%
• 10Y*: 11.52%

*Multi-year figures are annualized to reflect compound growth (CAGR)

JUKC.L vs. FEUZ.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
JUKC.L JPMorgan UK Equity Core UCITS ETF GBP (acc)	6.47%	24.96%	9.72%	7.55%	5.74%
FEUZ.L First Trust Eurozone AlphaDEX® UCITS ETF Class A Shares	12.51%	48.45%	3.89%	9.28%	4.96%

Correlation

The correlation between JUKC.L and FEUZ.L is 0.60, 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	0.60
Correlation (3Y) Calculated over the trailing 3-year period	0.55
Correlation (All Time) Calculated using the full available price history since Jun 22, 2022	0.56

The correlation between JUKC.L and FEUZ.L has been stable across timeframes, ranging from 0.55 to 0.60 - a consistent structural relationship.

Return for Risk

JUKC.L vs. FEUZ.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JUKC.L

JUKC.L Risk / Return Rank: 54
JUKC.L Sharpe Ratio Rank: 58
JUKC.L Sortino Ratio Rank: 57
JUKC.L Omega Ratio Rank: 58
JUKC.L Calmar Ratio Rank: 49
JUKC.L Martin Ratio Rank: 49

FEUZ.L

FEUZ.L Risk / Return Rank: 70
FEUZ.L Sharpe Ratio Rank: 73
FEUZ.L Sortino Ratio Rank: 70
FEUZ.L Omega Ratio Rank: 73
FEUZ.L Calmar Ratio Rank: 67
FEUZ.L Martin Ratio Rank: 69

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JUKC.L vs. FEUZ.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan UK Equity Core UCITS ETF GBP (acc) (JUKC.L) and First Trust Eurozone AlphaDEX® UCITS ETF Class A Shares (FEUZ.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.

	JUKC.L	FEUZ.L	Difference
Sharpe ratio: Return per unit of total volatility	1.92	2.34	-0.43
Sortino ratio: Return per unit of downside risk	2.67	3.12	-0.46
Omega ratio: Gain probability vs. loss probability	1.35	1.42	-0.07
Calmar ratio: Return relative to maximum drawdown	2.37	3.28	-0.91
Martin ratio: Return relative to average drawdown	8.25	12.55	-4.30
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JUKC.L vs. FEUZ.L - Sharpe Ratio Comparison

The current JUKC.L Sharpe Ratio is 1.92, which is comparable to the FEUZ.L Sharpe Ratio of 2.34. The chart below compares the historical Sharpe Ratios of JUKC.L and FEUZ.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	JUKC.L	FEUZ.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.92	2.34	-0.43
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.80	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.74	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.13	0.79	+0.34

Drawdowns

JUKC.L vs. FEUZ.L - Drawdown Comparison

The maximum JUKC.L drawdown since its inception was -12.95%, smaller than the maximum FEUZ.L drawdown of -36.68%. Use the drawdown chart below to compare losses from any high point for JUKC.L and FEUZ.L.

Drawdown Indicators

	JUKC.L	FEUZ.L	Difference
Max Drawdown Largest peak-to-trough decline	-12.95%	-36.68%	+23.73%
Max Drawdown (1Y) Largest decline over 1 year	-8.75%	-10.35%	+1.60%
Max Drawdown (3Y) Largest decline over 3 years	-12.95%	-14.10%	+1.15%
Max Drawdown (5Y) Largest decline over 5 years	—	-23.27%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-36.68%	—
Current Drawdown Current decline from peak	-3.36%	-0.11%	-3.25%
Average Drawdown Average peak-to-trough decline	-2.18%	-6.25%	+4.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.52%	2.71%	-0.19%

Volatility

JUKC.L vs. FEUZ.L - Volatility Comparison

JPMorgan UK Equity Core UCITS ETF GBP (acc) (JUKC.L) and First Trust Eurozone AlphaDEX® UCITS ETF Class A Shares (FEUZ.L) have volatilities of 3.94% and 3.86%, 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.

Volatility by Period

	JUKC.L	FEUZ.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.94%	3.86%	+0.08%
Volatility (6M) Calculated over the trailing 6-month period	9.39%	11.96%	-2.57%
Volatility (1Y) Calculated over the trailing 1-year period	10.84%	14.49%	-3.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.06%	18.61%	-6.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.06%	18.95%	-6.89%

JUKC.L vs. FEUZ.L - Expense Ratio Comparison

JUKC.L has a 0.25% expense ratio, which is lower than FEUZ.L's 0.80% expense ratio.

Dividends

JUKC.L vs. FEUZ.L - Dividend Comparison

Neither JUKC.L nor FEUZ.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both JUKC.L and FEUZ.L in my portfolio?

JUKC.L and FEUZ.L have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JUKC.L or FEUZ.L?

On fees, JUKC.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JUKC.L or FEUZ.L?

JUKC.L is cheaper with a 0.25% expense ratio, compared with 0.80% for FEUZ.L.

What is the main difference between JUKC.L and FEUZ.L?

JUKC.L tracks FTSE AllSh TR GBP, while FEUZ.L tracks MSCI EMU NR EUR. They also come from different issuers: JPMorgan and First Trust. Their fees differ too: 0.25% for JUKC.L and 0.80% for FEUZ.L.