JUKC.L vs. IEVL.L
JUKC.L (JPMorgan UK Equity Core UCITS ETF GBP (acc)) and IEVL.L (iShares Edge MSCI Europe Value Factor UCITS ETF EUR Accumulating) are both Europe Equities funds - JUKC.L tracks the FTSE AllSh TR GBP while IEVL.L tracks the MSCI Europe Enhanced Value Index. Both are passively managed. Over the past 3 years, JUKC.L returned 14.98%/yr vs 21.80%/yr for IEVL.L. A 0.79 correlation means they provide meaningful diversification when combined. Both charge a 0.25% expense ratio.
Performance
JUKC.L vs. IEVL.L - Performance Comparison
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Different Trading Currencies
JUKC.L is traded in GBp, while IEVL.L is traded in EUR. To make them comparable, the IEVL.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, JUKC.L achieves a 6.47% return, which is significantly lower than IEVL.L's 13.11% return.
JUKC.L
- 1D
- 0.34%
- 1M
- 2.18%
- YTD
- 6.47%
- 6M
- 8.36%
- 1Y
- 20.86%
- 3Y*
- 14.98%
- 5Y*
- —
- 10Y*
- —
IEVL.L
- 1D
- 0.17%
- 1M
- 4.83%
- YTD
- 13.11%
- 6M
- 15.93%
- 1Y
- 36.39%
- 3Y*
- 21.80%
- 5Y*
- 14.64%
- 10Y*
- 11.78%
JUKC.L vs. IEVL.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% |
IEVL.L iShares Edge MSCI Europe Value Factor UCITS ETF EUR Accumulating | 13.11% | 42.23% | 5.56% | 11.28% | 4.96% |
Correlation
The correlation between JUKC.L and IEVL.L is 0.73, 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 | 0.73 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Jun 22, 2022 | 0.79 |
The correlation between JUKC.L and IEVL.L has been stable across timeframes, ranging from 0.73 to 0.79 - a consistent structural relationship.
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Return for Risk
JUKC.L vs. IEVL.L — Risk / Return Rank
JUKC.L
IEVL.L
JUKC.L vs. IEVL.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 iShares Edge MSCI Europe Value Factor UCITS ETF EUR Accumulating (IEVL.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 | IEVL.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.76 | ||
| Sortino ratioReturn per unit of downside risk | -0.94 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.48 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 2.37 | 3.42 | -1.05 |
| Martin ratioReturn relative to average drawdown | 8.25 | 12.70 | -4.45 |
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
| JUKC.L | IEVL.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.92 | 2.68 | -0.76 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.96 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.69 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.13 | 0.58 | +0.56 |
Drawdowns
JUKC.L vs. IEVL.L - Drawdown Comparison
The maximum JUKC.L drawdown since its inception was -12.95%, smaller than the maximum IEVL.L drawdown of -34.82%. Use the drawdown chart below to compare losses from any high point for JUKC.L and IEVL.L.
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Drawdown Indicators
| JUKC.L | IEVL.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.95% | -34.82% | +21.87% |
Max Drawdown (1Y)Largest decline over 1 year | -8.75% | -10.59% | +1.84% |
Max Drawdown (3Y)Largest decline over 3 years | -12.95% | -16.33% | +3.38% |
Max Drawdown (5Y)Largest decline over 5 years | — | -16.48% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.82% | — |
Current DrawdownCurrent decline from peak | -3.36% | -0.82% | -2.54% |
Average DrawdownAverage peak-to-trough decline | -2.18% | -6.05% | +3.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.52% | 2.86% | -0.34% |
Volatility
JUKC.L vs. IEVL.L - Volatility Comparison
The current volatility for JPMorgan UK Equity Core UCITS ETF GBP (acc) (JUKC.L) is 3.94%, while iShares Edge MSCI Europe Value Factor UCITS ETF EUR Accumulating (IEVL.L) has a volatility of 4.85%. This indicates that JUKC.L experiences smaller price fluctuations and is considered to be less risky than IEVL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JUKC.L | IEVL.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.94% | 4.85% | -0.91% |
Volatility (6M)Calculated over the trailing 6-month period | 9.39% | 11.06% | -1.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.84% | 13.52% | -2.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.06% | 15.24% | -3.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.06% | 17.13% | -5.07% |
JUKC.L vs. IEVL.L - Expense Ratio Comparison
Both JUKC.L and IEVL.L have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
JUKC.L vs. IEVL.L - Dividend Comparison
Neither JUKC.L nor IEVL.L has paid dividends to shareholders.
Frequently Asked Questions
JUKC.L and IEVL.L have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
JUKC.L and IEVL.L have the same expense ratio: 0.25% per year.
JUKC.L tracks FTSE AllSh TR GBP, while IEVL.L tracks MSCI Europe Enhanced Value Index. They also come from different issuers: JPMorgan and iShares.
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