JURE.L vs. JREG.L

Last updated Jun 5, 2026

JURE.L (JPMorgan US Research Enhanced Index Equity UCITS ETF - USD (acc)) and JREG.L (JPMorgan Global Research Enhanced Index Equity UCITS ETF - USD (acc)) are both exchange-traded funds - JURE.L is a Large Cap Blend Equities fund tracking the Russell 1000 TR USD, while JREG.L is a Global Equities fund tracking the MSCI ACWI NR USD. Both are passively managed. Over the past 5 years, JURE.L returned 14.89%/yr vs 13.31%/yr for JREG.L. Their correlation of 0.89 suggests significant overlap in exposure. JURE.L charges 0.20%/yr vs 0.25%/yr for JREG.L.

Performance

JURE.L vs. JREG.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 JPMorgan Global Research Enhanced Index Equity UCITS ETF - USD (acc) (JREG.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

JURE.L is traded in GBp, while JREG.L is traded in USD. To make them comparable, the JREG.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

The year-to-date returns for both investments are quite close, with JURE.L having a 9.76% return and JREG.L slightly higher at 9.88%.

JURE.L

• 1D: 0.00%
• 1M: 4.89%
• YTD: 9.76%
• 6M: 9.91%
• 1Y: 28.08%
• 3Y*: 18.48%
• 5Y*: 14.89%
• 10Y*: —

JREG.L

• 1D: 0.14%
• 1M: 4.54%
• YTD: 9.88%
• 6M: 9.92%
• 1Y: 26.47%
• 3Y*: 17.17%
• 5Y*: 13.31%
• 10Y*: —

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

JURE.L vs. JREG.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)	9.76%	8.38%	27.17%	21.34%	-9.44%	32.51%	15.58%	26.43%	-6.82%
JREG.L JPMorgan Global Research Enhanced Index Equity UCITS ETF - USD (acc)	9.88%	11.22%	20.75%	19.41%	-7.92%	25.50%	13.77%	23.08%	-6.00%

Correlation

The correlation between JURE.L and JREG.L is 0.85, 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	0.85
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.88
Correlation (All Time) Calculated using the full available price history since Oct 17, 2018	0.89

The correlation between JURE.L and JREG.L has been stable across timeframes, ranging from 0.85 to 0.89 - a consistent structural relationship.

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

Sectors	JURE.L	JREG.L
Technology	35.7%	28.6%
Financial Services	11.6%	15.4%
Communication Services	11.1%	9.1%
Consumer Cyclical	11.1%	10.1%
Healthcare	8.6%	8.9%
Industrials	8.2%	11.3%
Consumer Defensive	4.2%	4.6%
Energy	3.5%	4.2%
Utilities	2.4%	2.9%
Real Estate	1.9%	1.7%
Basic Materials	1.9%	3.2%

Return for Risk

JURE.L vs. JREG.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: 81
JURE.L Sharpe Ratio Rank: 84
JURE.L Sortino Ratio Rank: 82
JURE.L Omega Ratio Rank: 84
JURE.L Calmar Ratio Rank: 79
JURE.L Martin Ratio Rank: 79

JREG.L

JREG.L Risk / Return Rank: 66
JREG.L Sharpe Ratio Rank: 65
JREG.L Sortino Ratio Rank: 71
JREG.L Omega Ratio Rank: 65
JREG.L Calmar Ratio Rank: 61
JREG.L Martin Ratio Rank: 70

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. JREG.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 JPMorgan Global Research Enhanced Index Equity UCITS ETF - USD (acc) (JREG.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.

	JURE.L	JREG.L	Difference
Sharpe ratio: Return per unit of total volatility	2.69	2.28	+0.42
Sortino ratio: Return per unit of downside risk	3.60	3.15	+0.45
Omega ratio: Gain probability vs. loss probability	1.50	1.42	+0.08
Calmar ratio: Return relative to maximum drawdown	3.99	4.05	-0.05
Martin ratio: Return relative to average drawdown	15.08	15.89	-0.81
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current JURE.L Sharpe Ratio is 2.69, which is comparable to the JREG.L Sharpe Ratio of 2.28. The chart below compares the historical Sharpe Ratios of JURE.L and JREG.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

	JURE.L	JREG.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.69	2.28	+0.42
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.03	0.92	+0.11
Sharpe Ratio (All Time) Calculated using the full available price history	0.95	0.86	+0.10

Drawdowns

JURE.L vs. JREG.L - Drawdown Comparison

The maximum JURE.L drawdown since its inception was -26.13%, roughly equal to the maximum JREG.L drawdown of -25.88%. Use the drawdown chart below to compare losses from any high point for JURE.L and JREG.L.

Drawdown Indicators

	JURE.L	JREG.L	Difference
Max Drawdown Largest peak-to-trough decline	-26.13%	-25.88%	-0.25%
Max Drawdown (1Y) Largest decline over 1 year	-7.00%	-6.51%	-0.49%
Max Drawdown (3Y) Largest decline over 3 years	-21.50%	-18.75%	-2.75%
Max Drawdown (5Y) Largest decline over 5 years	-21.50%	-18.75%	-2.75%
Current Drawdown Current decline from peak	-0.26%	-0.18%	-0.08%
Average Drawdown Average peak-to-trough decline	-3.66%	-3.17%	-0.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.86%	1.66%	+0.20%

Volatility

JURE.L vs. JREG.L - Volatility Comparison

The current volatility for JPMorgan US Research Enhanced Index Equity UCITS ETF - USD (acc) (JURE.L) is 2.59%, while JPMorgan Global Research Enhanced Index Equity UCITS ETF - USD (acc) (JREG.L) has a volatility of 3.26%. This indicates that JURE.L experiences smaller price fluctuations and is considered to be less risky than JREG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JURE.L	JREG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.59%	3.26%	-0.67%
Volatility (6M) Calculated over the trailing 6-month period	7.03%	8.75%	-1.72%
Volatility (1Y) Calculated over the trailing 1-year period	10.38%	11.57%	-1.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.45%	14.39%	+0.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.39%	16.18%	+0.21%

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

JURE.L has a 0.20% expense ratio, which is lower than JREG.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. JREG.L - Dividend Comparison

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

Tickers have no history of dividend payments

Frequently Asked Questions

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

JURE.L and JREG.L have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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

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

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

JURE.L is categorized as Large Cap Blend Equities, while JREG.L is Global Equities. JURE.L tracks Russell 1000 TR USD, while JREG.L tracks MSCI ACWI NR USD. Their fees differ too: 0.20% for JURE.L and 0.25% for JREG.L.