JUKE.L vs. VUKG.L
JUKE.L (JPMorgan UK Equity Core UCITS ETF GBP (dist)) and VUKG.L (Vanguard FTSE 100 UCITS ETF (GBP) Accumulating) are both Europe Equities funds tracking the FTSE AllSh TR GBP, from JPMorgan and Vanguard respectively. Both are passively managed. Over the past 3 years, JUKE.L returned 14.96%/yr vs 14.77%/yr for VUKG.L. With a 0.96 correlation, they move nearly in lockstep. JUKE.L charges 0.25%/yr vs 0.09%/yr for VUKG.L.
Performance
JUKE.L vs. VUKG.L - Performance Comparison
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Different Trading Currencies
JUKE.L is traded in GBp, while VUKG.L is traded in GBP. To make them comparable, the VUKG.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, JUKE.L achieves a 6.30% return, which is significantly higher than VUKG.L's 5.56% return.
JUKE.L
- 1D
- 0.21%
- 1M
- 2.07%
- YTD
- 6.30%
- 6M
- 8.40%
- 1Y
- 20.76%
- 3Y*
- 14.96%
- 5Y*
- —
- 10Y*
- —
VUKG.L
- 1D
- 0.38%
- 1M
- 1.75%
- YTD
- 5.56%
- 6M
- 8.02%
- 1Y
- 21.09%
- 3Y*
- 14.77%
- 5Y*
- 11.75%
- 10Y*
- —
JUKE.L vs. VUKG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
JUKE.L JPMorgan UK Equity Core UCITS ETF GBP (dist) | 6.30% | 25.12% | 9.70% | 7.50% | 5.81% |
VUKG.L Vanguard FTSE 100 UCITS ETF (GBP) Accumulating | 5.56% | 26.12% | 9.40% | 7.20% | 6.60% |
Correlation
The correlation between JUKE.L and VUKG.L is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.96 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.96 |
Correlation (All Time) Calculated using the full available price history since Jun 22, 2022 | 0.96 |
The correlation between JUKE.L and VUKG.L has been stable across timeframes, ranging from 0.96 to 0.96 - a consistent structural relationship.
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Return for Risk
JUKE.L vs. VUKG.L — Risk / Return Rank
JUKE.L
VUKG.L
JUKE.L vs. VUKG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan UK Equity Core UCITS ETF GBP (dist) (JUKE.L) and Vanguard FTSE 100 UCITS ETF (GBP) Accumulating (VUKG.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.
| JUKE.L | VUKG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.07 | ||
| Sortino ratioReturn per unit of downside risk | -0.12 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.37 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.32 | 2.40 | -0.08 |
| Martin ratioReturn relative to average drawdown | 8.01 | 7.96 | +0.05 |
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
| JUKE.L | VUKG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.89 | 1.95 | -0.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.92 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.15 | 0.56 | +0.59 |
Drawdowns
JUKE.L vs. VUKG.L - Drawdown Comparison
The maximum JUKE.L drawdown since its inception was -12.31%, smaller than the maximum VUKG.L drawdown of -34.32%. Use the drawdown chart below to compare losses from any high point for JUKE.L and VUKG.L.
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Drawdown Indicators
| JUKE.L | VUKG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.31% | -34.32% | +22.01% |
Max Drawdown (1Y)Largest decline over 1 year | -8.90% | -8.74% | -0.16% |
Max Drawdown (3Y)Largest decline over 3 years | -12.31% | -13.03% | +0.72% |
Max Drawdown (5Y)Largest decline over 5 years | — | -13.03% | — |
Current DrawdownCurrent decline from peak | -3.53% | -4.16% | +0.63% |
Average DrawdownAverage peak-to-trough decline | -2.19% | -4.73% | +2.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.59% | 2.64% | -0.05% |
Volatility
JUKE.L vs. VUKG.L - Volatility Comparison
JPMorgan UK Equity Core UCITS ETF GBP (dist) (JUKE.L) and Vanguard FTSE 100 UCITS ETF (GBP) Accumulating (VUKG.L) have volatilities of 3.97% 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.
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Volatility by Period
| JUKE.L | VUKG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.97% | 3.86% | +0.11% |
Volatility (6M)Calculated over the trailing 6-month period | 9.41% | 9.35% | +0.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.95% | 10.74% | +0.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.88% | 12.75% | -0.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.88% | 16.13% | -4.25% |
JUKE.L vs. VUKG.L - Expense Ratio Comparison
JUKE.L has a 0.25% expense ratio, which is higher than VUKG.L's 0.09% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
JUKE.L vs. VUKG.L - Dividend Comparison
JUKE.L's dividend yield for the trailing twelve months is around 2.86%, while VUKG.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
JUKE.L JPMorgan UK Equity Core UCITS ETF GBP (dist) | 2.86% | 2.79% | 3.11% | 2.94% | 1.26% |
VUKG.L Vanguard FTSE 100 UCITS ETF (GBP) Accumulating | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.96, JUKE.L and VUKG.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, VUKG.L is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VUKG.L is cheaper with a 0.09% expense ratio, compared with 0.25% for JUKE.L.
Both ETFs track FTSE AllSh TR GBP. They also come from different issuers: JPMorgan and Vanguard. Their fees differ too: 0.25% for JUKE.L and 0.09% for VUKG.L.
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