MVEU.L vs. JRDZ.L

Last updated Jun 6, 2026

MVEU.L (iShares Edge MSCI Europe Minimum Volatility UCITS ETF EUR (Acc)) and JRDZ.L (JPMorgan Eurozone Research Enhanced Index Equity (ESG) UCITS ETF EUR (dist)) are both Europe Equities funds - MVEU.L tracks the MSCI Europe NR EUR while JRDZ.L tracks the MSCI EMU NR EUR. Both are passively managed. Both charge a 0.25% expense ratio.

Performance

MVEU.L vs. JRDZ.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares Edge MSCI Europe Minimum Volatility UCITS ETF EUR (Acc) (MVEU.L) and JPMorgan Eurozone Research Enhanced Index Equity (ESG) UCITS ETF EUR (dist) (JRDZ.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

MVEU.L is traded in EUR, while JRDZ.L is traded in GBp. To make them comparable, the JRDZ.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

MVEU.L

• 1D: 0.44%
• 1M: 0.22%
• YTD: 6.31%
• 6M: 7.60%
• 1Y: 5.80%
• 3Y*: 10.44%
• 5Y*: 7.49%
• 10Y*: 6.63%

JRDZ.L

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

Return for Risk

MVEU.L vs. JRDZ.L — Risk / Return Rank

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

MVEU.L

MVEU.L Risk / Return Rank: 21
MVEU.L Sharpe Ratio Rank: 21
MVEU.L Sortino Ratio Rank: 20
MVEU.L Omega Ratio Rank: 20
MVEU.L Calmar Ratio Rank: 20
MVEU.L Martin Ratio Rank: 21

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.

MVEU.L vs. JRDZ.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI Europe Minimum Volatility UCITS ETF EUR (Acc) (MVEU.L) and JPMorgan Eurozone Research Enhanced Index Equity (ESG) UCITS ETF EUR (dist) (JRDZ.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.

	MVEU.L	JRDZ.L	Difference
Sharpe ratio: Return per unit of total volatility	0.67	—	—
Sortino ratio: Return per unit of downside risk	0.98	—	—
Omega ratio: Gain probability vs. loss probability	1.12	—	—
Calmar ratio: Return relative to maximum drawdown	0.82	—	—
Martin ratio: Return relative to average drawdown	2.15	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	MVEU.L	JRDZ.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.67	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.68	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.53	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.64	—	—

Drawdowns

Drawdown Indicators

	MVEU.L	JRDZ.L	Difference
Max Drawdown Largest peak-to-trough decline	-30.56%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-7.04%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-10.78%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-19.51%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-30.56%	—	—
Current Drawdown Current decline from peak	-2.64%	—	—
Average Drawdown Average peak-to-trough decline	-4.56%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.57%	—	—

Volatility

Volatility by Period

	MVEU.L	JRDZ.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.52%	—	—
Volatility (6M) Calculated over the trailing 6-month period	6.90%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	8.59%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.06%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.49%	—	—

MVEU.L vs. JRDZ.L - Expense Ratio Comparison

Both MVEU.L and JRDZ.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

MVEU.L vs. JRDZ.L - Dividend Comparison

Neither MVEU.L nor JRDZ.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Which ETF is better, MVEU.L or JRDZ.L?

Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MVEU.L or JRDZ.L?

MVEU.L and JRDZ.L have the same expense ratio: 0.25% per year.

What is the main difference between MVEU.L and JRDZ.L?

MVEU.L tracks MSCI Europe NR EUR, while JRDZ.L tracks MSCI EMU NR EUR. They also come from different issuers: iShares and JPMorgan.