OPEN.L vs. JEPG.L

Last updated Apr 2, 2026

Compare and contrast key facts about iShares Refinitiv Inclusion and Diversity UCITS ETF USD (Acc) (OPEN.L) and JPM Global Equity Premium Income Active UCITS ETF - USD Dist (JEPG.L).

OPEN.L and JEPG.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. OPEN.L is a passively managed fund by BlackRock that tracks the performance of the MSCI ACWI Value NR USD. It was launched on Sep 7, 2018. JEPG.L is an actively managed fund by JPMorgan. It was launched on Nov 30, 2023.

Performance

OPEN.L vs. JEPG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Refinitiv Inclusion and Diversity UCITS ETF USD (Acc) (OPEN.L) and JPM Global Equity Premium Income Active UCITS ETF - USD Dist (JEPG.L). The values are adjusted to include any dividend payments, if applicable.

OPEN.L vs. JEPG.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
OPEN.L iShares Refinitiv Inclusion and Diversity UCITS ETF USD (Acc)	-0.54%	24.08%	7.61%	5.60%
JEPG.L JPM Global Equity Premium Income Active UCITS ETF - USD Dist	1.08%	12.39%	7.83%	1.63%

Returns By Period

In the year-to-date period, OPEN.L achieves a -0.54% return, which is significantly lower than JEPG.L's 1.08% return.

OPEN.L

• 1D: 2.76%
• 1M: -5.34%
• YTD: -0.54%
• 6M: 3.71%
• 1Y: 17.72%
• 3Y*: 13.50%
• 5Y*: 8.40%
• 10Y*: —

JEPG.L

• 1D: -0.15%
• 1M: -2.55%
• YTD: 1.08%
• 6M: 3.29%
• 1Y: 4.08%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

OPEN.L vs. JEPG.L - Expense Ratio Comparison

OPEN.L has a 0.25% expense ratio, which is lower than JEPG.L's 0.35% expense ratio.

JEPG.L

JPM Global Equity Premium Income Active UCITS ETF - USD Dist

OPEN.L

iShares Refinitiv Inclusion and Diversity UCITS ETF USD (Acc)

Return for Risk

OPEN.L vs. JEPG.L — Risk / Return Rank

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

OPEN.L

OPEN.L Risk / Return Rank: 57
OPEN.L Sharpe Ratio Rank: 59
OPEN.L Sortino Ratio Rank: 55
OPEN.L Omega Ratio Rank: 60
OPEN.L Calmar Ratio Rank: 58
OPEN.L Martin Ratio Rank: 54

JEPG.L

JEPG.L Risk / Return Rank: 21
JEPG.L Sharpe Ratio Rank: 20
JEPG.L Sortino Ratio Rank: 18
JEPG.L Omega Ratio Rank: 19
JEPG.L Calmar Ratio Rank: 24
JEPG.L Martin Ratio Rank: 25

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.

OPEN.L vs. JEPG.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Refinitiv Inclusion and Diversity UCITS ETF USD (Acc) (OPEN.L) and JPM Global Equity Premium Income Active UCITS ETF - USD Dist (JEPG.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.

	OPEN.L	JEPG.L	Difference
Sharpe ratio Return per unit of total volatility	1.11	0.33	+0.78
Sortino ratio Return per unit of downside risk	1.51	0.53	+0.98
Omega ratio Gain probability vs. loss probability	1.23	1.07	+0.16
Calmar ratio Return relative to maximum drawdown	1.65	0.68	+0.96
Martin ratio Return relative to average drawdown	5.78	2.28	+3.50
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OPEN.L vs. JEPG.L - Sharpe Ratio Comparison

The current OPEN.L Sharpe Ratio is 1.11, which is higher than the JEPG.L Sharpe Ratio of 0.33. The chart below compares the historical Sharpe Ratios of OPEN.L and JEPG.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	OPEN.L	JEPG.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.11	0.33	+0.78
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.55	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	0.89	-0.33

Correlation

The correlation between OPEN.L and JEPG.L is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

OPEN.L vs. JEPG.L - Dividend Comparison

OPEN.L has not paid dividends to shareholders, while JEPG.L's dividend yield for the trailing twelve months is around 7.96%.

	TTM	2025	2024
OPEN.L iShares Refinitiv Inclusion and Diversity UCITS ETF USD (Acc)	0.00%	0.00%	0.00%
JEPG.L JPM Global Equity Premium Income Active UCITS ETF - USD Dist	7.96%	7.86%	6.50%

Drawdowns

OPEN.L vs. JEPG.L - Drawdown Comparison

The maximum OPEN.L drawdown since its inception was -33.45%, which is greater than JEPG.L's maximum drawdown of -7.92%. Use the drawdown chart below to compare losses from any high point for OPEN.L and JEPG.L.

Drawdown Indicators

	OPEN.L	JEPG.L	Difference
Max Drawdown Largest peak-to-trough decline	-33.45%	-7.92%	-25.53%
Max Drawdown (1Y) Largest decline over 1 year	-12.40%	-7.59%	-4.81%
Max Drawdown (5Y) Largest decline over 5 years	-22.59%	—	—
Current Drawdown Current decline from peak	-7.50%	-4.46%	-3.04%
Average Drawdown Average peak-to-trough decline	-5.27%	-1.35%	-3.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.98%	1.96%	+1.02%

Volatility

OPEN.L vs. JEPG.L - Volatility Comparison

iShares Refinitiv Inclusion and Diversity UCITS ETF USD (Acc) (OPEN.L) has a higher volatility of 5.79% compared to JPM Global Equity Premium Income Active UCITS ETF - USD Dist (JEPG.L) at 3.95%. This indicates that OPEN.L's price experiences larger fluctuations and is considered to be riskier than JEPG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OPEN.L	JEPG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.79%	3.95%	+1.84%
Volatility (6M) Calculated over the trailing 6-month period	9.49%	6.57%	+2.92%
Volatility (1Y) Calculated over the trailing 1-year period	15.91%	12.47%	+3.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.23%	11.10%	+4.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.94%	11.10%	+5.84%