SEML.L vs. JPEE.L
SEML.L (iShares J.P. Morgan EM Local Government Bond UCITS ETF) and JPEE.L (iShares J.P. Morgan USD Emerging Markets Bond UCITS ETF (Acc)) are both Emerging Markets Bonds funds from iShares - SEML.L tracks the JPM GBI-EM Global Diversified TR USD while JPEE.L tracks the JPM EMBI Global Diversified TR USD. Both are passively managed. Over the past 5 years, SEML.L returned -3.37%/yr vs 3.04%/yr for JPEE.L. A 0.59 correlation means they provide meaningful diversification when combined. SEML.L charges 0.50%/yr vs 0.45%/yr for JPEE.L.
Performance
SEML.L vs. JPEE.L - Performance Comparison
Loading charts...
Different Trading Currencies
SEML.L is traded in GBP, while JPEE.L is traded in EUR. To make them comparable, the JPEE.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, SEML.L achieves a -3.02% return, which is significantly lower than JPEE.L's 2.18% return.
SEML.L
- 1D
- 0.15%
- 1M
- 1.66%
- YTD
- -3.02%
- 6M
- -2.77%
- 1Y
- 2.87%
- 3Y*
- -1.63%
- 5Y*
- -3.37%
- 10Y*
- -2.50%
JPEE.L
- 1D
- 0.21%
- 1M
- 2.02%
- YTD
- 2.18%
- 6M
- 1.68%
- 1Y
- 12.52%
- 3Y*
- 7.00%
- 5Y*
- 3.04%
- 10Y*
- —
SEML.L vs. JPEE.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SEML.L iShares J.P. Morgan EM Local Government Bond UCITS ETF | -3.02% | 4.32% | -6.40% | 0.23% | -5.32% | -13.17% | -6.26% | 2.59% | -6.78% | -0.69% |
JPEE.L iShares J.P. Morgan USD Emerging Markets Bond UCITS ETF (Acc) | 2.18% | 6.06% | 7.50% | 4.43% | -8.96% | -0.44% | 1.97% | 11.44% | 0.06% | 1.56% |
Correlation
The correlation between SEML.L and JPEE.L is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Sep 18, 2017 | 0.59 |
The correlation between SEML.L and JPEE.L shifts across timeframes, from 0.48 (1 year) to 0.59 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SEML.L vs. JPEE.L — Risk / Return Rank
SEML.L
JPEE.L
SEML.L vs. JPEE.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares J.P. Morgan EM Local Government Bond UCITS ETF (SEML.L) and iShares J.P. Morgan USD Emerging Markets Bond UCITS ETF (Acc) (JPEE.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.
| SEML.L | JPEE.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.63 | ||
| Sortino ratioReturn per unit of downside risk | -2.52 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.37 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | 0.51 | 3.09 | -2.59 |
| Martin ratioReturn relative to average drawdown | 1.16 | 8.78 | -7.62 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| SEML.L | JPEE.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.42 | 2.05 | -1.63 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.40 | 0.34 | -0.75 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.25 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.30 | 0.28 | -0.57 |
Drawdowns
SEML.L vs. JPEE.L - Drawdown Comparison
The maximum SEML.L drawdown since its inception was -66.68%, which is greater than JPEE.L's maximum drawdown of -19.75%. Use the drawdown chart below to compare losses from any high point for SEML.L and JPEE.L.
Loading charts...
Drawdown Indicators
| SEML.L | JPEE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.68% | -19.75% | -46.93% |
Max Drawdown (1Y)Largest decline over 1 year | -5.65% | -4.03% | -1.62% |
Max Drawdown (3Y)Largest decline over 3 years | -9.95% | -8.89% | -1.06% |
Max Drawdown (5Y)Largest decline over 5 years | -20.11% | -14.29% | -5.82% |
Max Drawdown (10Y)Largest decline over 10 years | -39.61% | — | — |
Current DrawdownCurrent decline from peak | -65.00% | 0.00% | -65.00% |
Average DrawdownAverage peak-to-trough decline | -54.41% | -7.47% | -46.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.46% | 1.42% | +1.04% |
Volatility
SEML.L vs. JPEE.L - Volatility Comparison
iShares J.P. Morgan EM Local Government Bond UCITS ETF (SEML.L) and iShares J.P. Morgan USD Emerging Markets Bond UCITS ETF (Acc) (JPEE.L) have volatilities of 1.79% and 1.81%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SEML.L | JPEE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.79% | 1.81% | -0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 5.19% | 4.39% | +0.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.73% | 6.08% | +0.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.32% | 8.90% | -0.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.11% | 10.20% | -0.09% |
SEML.L vs. JPEE.L - Expense Ratio Comparison
SEML.L has a 0.50% expense ratio, which is higher than JPEE.L's 0.45% expense ratio.
Dividends
SEML.L vs. JPEE.L - Dividend Comparison
SEML.L's dividend yield for the trailing twelve months is around 0.03%, while JPEE.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JPEE.L iShares J.P. Morgan USD Emerging Markets Bond UCITS ETF (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SEML.L iShares J.P. Morgan EM Local Government Bond UCITS ETF | 0.03% | 0.05% | 0.06% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.03% |
Frequently Asked Questions
SEML.L and JPEE.L have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JPEE.L is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JPEE.L is cheaper with a 0.45% expense ratio, compared with 0.50% for SEML.L.
SEML.L tracks JPM GBI-EM Global Diversified TR USD, while JPEE.L tracks JPM EMBI Global Diversified TR USD. Their fees differ too: 0.50% for SEML.L and 0.45% for JPEE.L.
Find the right allocation for SEML.L and JPEE.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer