JURE.L vs. FUQA.L

Last updated Jun 26, 2026

JURE.L (JPMorgan US Research Enhanced Index Equity UCITS ETF - USD (acc)) and FUQA.L (Fidelity US Quality Income ETF Acc) are both Large Cap Blend Equities funds - JURE.L tracks the Russell 1000 TR USD while FUQA.L tracks the Fidelity US Quality Income Index. Both are passively managed. Over the past 5 years, JURE.L returned 13.92%/yr vs 12.49%/yr for FUQA.L. Their correlation of 0.94 suggests significant overlap in exposure. JURE.L charges 0.20%/yr vs 0.25%/yr for FUQA.L.

Performance

JURE.L vs. FUQA.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in JPMorgan US Research Enhanced Index Equity UCITS ETF - USD (acc) (JURE.L) and Fidelity US Quality Income ETF Acc (FUQA.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JURE.L achieves a 8.76% return, which is significantly higher than FUQA.L's 8.20% return.

JURE.L

• 1D: -1.19%
• 1M: -0.03%
• YTD: 8.76%
• 6M: 8.96%
• 1Y: 24.87%
• 3Y*: 18.62%
• 5Y*: 13.92%
• 10Y*: —

FUQA.L

• 1D: -1.07%
• 1M: 0.46%
• YTD: 8.20%
• 6M: 8.59%
• 1Y: 24.07%
• 3Y*: 15.45%
• 5Y*: 12.49%
• 10Y*: —

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

JURE.L vs. FUQA.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
JURE.L JPMorgan US Research Enhanced Index Equity UCITS ETF - USD (acc)	8.76%	8.38%	27.17%	21.34%	-9.44%	32.51%	15.58%	26.43%	-5.77%
FUQA.L Fidelity US Quality Income ETF Acc	8.20%	8.56%	19.50%	11.85%	-0.00%	27.82%	8.23%	27.23%	-5.05%

Correlation

The correlation between JURE.L and FUQA.L is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.92
Correlation (3Y) Calculated over the trailing 3-year period	0.90
Correlation (5Y) Calculated over the trailing 5-year period	0.93
Correlation (All Time) Calculated using the full available price history since Oct 16, 2018	0.94

The correlation between JURE.L and FUQA.L has been stable across timeframes, ranging from 0.90 to 0.94 - a consistent structural relationship.

JURE.L vs. FUQA.L - Sectors Allocation Comparison

Sectors	JURE.L	FUQA.L
Technology	35.7%	37.1%
Financial Services	11.6%	12.4%
Communication Services	11.1%	9.8%
Consumer Cyclical	11.1%	9.3%
Healthcare	8.6%	9.0%
Industrials	8.2%	8.7%
Consumer Defensive	4.2%	4.5%
Energy	3.5%	3.1%
Utilities	2.4%	2.0%
Real Estate	1.9%	2.0%
Basic Materials	1.9%	2.2%

Return for Risk

JURE.L vs. FUQA.L — Risk / Return Rank

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

JURE.L

JURE.L Risk / Return Rank: 79
JURE.L Sharpe Ratio Rank: 82
JURE.L Sortino Ratio Rank: 79
JURE.L Omega Ratio Rank: 81
JURE.L Calmar Ratio Rank: 78
JURE.L Martin Ratio Rank: 78

FUQA.L

FUQA.L Risk / Return Rank: 87
FUQA.L Sharpe Ratio Rank: 88
FUQA.L Sortino Ratio Rank: 88
FUQA.L Omega Ratio Rank: 87
FUQA.L Calmar Ratio Rank: 83
FUQA.L Martin Ratio Rank: 87

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.

JURE.L vs. FUQA.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan US Research Enhanced Index Equity UCITS ETF - USD (acc) (JURE.L) and Fidelity US Quality Income ETF Acc (FUQA.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.

	JURE.L	FUQA.L	Difference
Sharpe ratio: Return per unit of total volatility	2.28	2.50	-0.22
Sortino ratio: Return per unit of downside risk	3.08	3.48	-0.39
Omega ratio: Gain probability vs. loss probability	1.42	1.47	-0.05
Calmar ratio: Return relative to maximum drawdown	3.54	3.98	-0.45
Martin ratio: Return relative to average drawdown	13.07	15.98	-2.91

JURE.L vs. FUQA.L - Sharpe Ratio Comparison

The current JURE.L Sharpe Ratio is 2.28, which is comparable to the FUQA.L Sharpe Ratio of 2.50. The chart below compares the historical Sharpe Ratios of JURE.L and FUQA.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.

Drawdowns

JURE.L vs. FUQA.L - Drawdown Comparison

The maximum JURE.L drawdown since its inception was -26.13%, roughly equal to the maximum FUQA.L drawdown of -27.34%. Use the drawdown chart below to compare losses from any high point for JURE.L and FUQA.L.

Drawdown Indicators

	JURE.L	FUQA.L	Difference
Max Drawdown Largest peak-to-trough decline	-26.13%	-27.34%	+1.21%
Max Drawdown (1Y) Largest decline over 1 year	-7.00%	-6.01%	-0.99%
Max Drawdown (3Y) Largest decline over 3 years	-21.50%	-20.49%	-1.01%
Max Drawdown (5Y) Largest decline over 5 years	-21.50%	-20.49%	-1.01%
Current Drawdown Current decline from peak	-1.67%	-1.07%	-0.60%
Average Drawdown Average peak-to-trough decline	-3.63%	-7.08%	+3.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.90%	1.50%	+0.40%

Volatility

JURE.L vs. FUQA.L - Volatility Comparison

JPMorgan US Research Enhanced Index Equity UCITS ETF - USD (acc) (JURE.L) has a higher volatility of 3.80% compared to Fidelity US Quality Income ETF Acc (FUQA.L) at 2.87%. This indicates that JURE.L's price experiences larger fluctuations and is considered to be riskier than FUQA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JURE.L	FUQA.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.80%	2.87%	+0.93%
Volatility (6M) Calculated over the trailing 6-month period	7.72%	6.83%	+0.89%
Volatility (1Y) Calculated over the trailing 1-year period	10.88%	9.58%	+1.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.52%	19.12%	-4.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.31%	22.41%	-6.10%

JURE.L vs. FUQA.L - Expense Ratio Comparison

JURE.L has a 0.20% expense ratio, which is lower than FUQA.L's 0.25% 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

JURE.L vs. FUQA.L - Dividend Comparison

Neither JURE.L nor FUQA.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both JURE.L and FUQA.L in my portfolio?

With a correlation of 0.92, JURE.L and FUQA.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.

Which ETF is better, JURE.L or FUQA.L?

On fees, JURE.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JURE.L or FUQA.L?

JURE.L is cheaper with a 0.20% expense ratio, compared with 0.25% for FUQA.L.

What is the main difference between JURE.L and FUQA.L?

JURE.L tracks Russell 1000 TR USD, while FUQA.L tracks Fidelity US Quality Income Index. They also come from different issuers: JPMorgan and Fidelity. Their fees differ too: 0.20% for JURE.L and 0.25% for FUQA.L.