PABG.L vs. JPCT.DE
Compare and contrast key facts about Lyxor Net Zero 2050 S&P Eurozone Climate PAB (DR) UCITS ETF - Acc (PABG.L) and JPMorgan Carbon Transition Global Equity UCITS ETF USD (acc) (JPCT.DE).
PABG.L and JPCT.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PABG.L is a passively managed fund by Amundi that tracks the performance of the MSCI EMU NR EUR. It was launched on Jul 6, 2020. JPCT.DE is a passively managed fund by JPMorgan that tracks the performance of the Solactive JP Morgan Asset Management Carbon Transition Global Equity. It was launched on Nov 4, 2020. Both PABG.L and JPCT.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PABG.L or JPCT.DE.
Key characteristics
| PABG.L | JPCT.DE | |
|---|---|---|
| YTD Return | 5.35% | 23.26% |
| 1Y Return | 11.51% | 29.55% |
| 3Y Return (Ann) | 2.05% | 9.07% |
| Sharpe Ratio | 0.86 | 2.72 |
| Sortino Ratio | 1.27 | 3.66 |
| Omega Ratio | 1.15 | 1.57 |
| Calmar Ratio | 1.31 | 3.48 |
| Martin Ratio | 3.81 | 16.34 |
| Ulcer Index | 2.74% | 1.80% |
| Daily Std Dev | 12.16% | 10.74% |
| Max Drawdown | -26.49% | -16.76% |
| Current Drawdown | -6.09% | -0.21% |
Correlation
The correlation between PABG.L and JPCT.DE is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
PABG.L vs. JPCT.DE - Performance Comparison
In the year-to-date period, PABG.L achieves a 5.35% return, which is significantly lower than JPCT.DE's 23.26% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PABG.L vs. JPCT.DE - Expense Ratio Comparison
PABG.L has a 0.20% expense ratio, which is higher than JPCT.DE's 0.19% 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%.
Risk-Adjusted Performance
PABG.L vs. JPCT.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lyxor Net Zero 2050 S&P Eurozone Climate PAB (DR) UCITS ETF - Acc (PABG.L) and JPMorgan Carbon Transition Global Equity UCITS ETF USD (acc) (JPCT.DE). 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.
Dividends
PABG.L vs. JPCT.DE - Dividend Comparison
Neither PABG.L nor JPCT.DE has paid dividends to shareholders.
Drawdowns
PABG.L vs. JPCT.DE - Drawdown Comparison
The maximum PABG.L drawdown since its inception was -26.49%, which is greater than JPCT.DE's maximum drawdown of -16.76%. Use the drawdown chart below to compare losses from any high point for PABG.L and JPCT.DE. For additional features, visit the drawdowns tool.
Volatility
PABG.L vs. JPCT.DE - Volatility Comparison
Lyxor Net Zero 2050 S&P Eurozone Climate PAB (DR) UCITS ETF - Acc (PABG.L) has a higher volatility of 5.36% compared to JPMorgan Carbon Transition Global Equity UCITS ETF USD (acc) (JPCT.DE) at 3.04%. This indicates that PABG.L's price experiences larger fluctuations and is considered to be riskier than JPCT.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.