SPOL.L vs. JUKE.L
SPOL.L (iShares MSCI Poland UCITS ETF USD (Acc)) and JUKE.L (JPMorgan UK Equity Core UCITS ETF GBP (dist)) are both Europe Equities funds - SPOL.L tracks the MSCI Poland NR EUR while JUKE.L tracks the FTSE AllSh TR GBP. Both are passively managed. Over the past 3 years, SPOL.L returned 30.21%/yr vs 14.89%/yr for JUKE.L. At a 0.49 correlation, their price movements are largely independent. SPOL.L charges 0.74%/yr vs 0.25%/yr for JUKE.L.
Performance
SPOL.L vs. JUKE.L - Performance Comparison
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Returns By Period
In the year-to-date period, SPOL.L achieves a 14.98% return, which is significantly higher than JUKE.L's 6.08% return.
SPOL.L
- 1D
- 0.05%
- 1M
- 6.06%
- YTD
- 14.98%
- 6M
- 24.72%
- 1Y
- 44.16%
- 3Y*
- 30.21%
- 5Y*
- 14.86%
- 10Y*
- 10.37%
JUKE.L
- 1D
- -0.48%
- 1M
- 0.44%
- YTD
- 6.08%
- 6M
- 8.51%
- 1Y
- 20.86%
- 3Y*
- 14.89%
- 5Y*
- —
- 10Y*
- —
SPOL.L vs. JUKE.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
SPOL.L iShares MSCI Poland UCITS ETF USD (Acc) | 14.98% | 61.27% | -4.98% | 41.52% | 9.57% |
JUKE.L JPMorgan UK Equity Core UCITS ETF GBP (dist) | 6.08% | 25.12% | 9.70% | 7.50% | 5.81% |
Correlation
The correlation between SPOL.L and JUKE.L is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Jun 22, 2022 | 0.49 |
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Return for Risk
SPOL.L vs. JUKE.L — Risk / Return Rank
SPOL.L
JUKE.L
SPOL.L vs. JUKE.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Poland UCITS ETF USD (Acc) (SPOL.L) and JPMorgan UK Equity Core UCITS ETF GBP (dist) (JUKE.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.
| SPOL.L | JUKE.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | -0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.35 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 4.62 | 2.33 | +2.29 |
| Martin ratioReturn relative to average drawdown | 11.04 | 8.07 | +2.97 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SPOL.L | JUKE.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.90 | 1.90 | 0.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.55 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.41 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.16 | 1.14 | -0.98 |
Drawdowns
SPOL.L vs. JUKE.L - Drawdown Comparison
The maximum SPOL.L drawdown since its inception was -56.64%, which is greater than JUKE.L's maximum drawdown of -12.31%. Use the drawdown chart below to compare losses from any high point for SPOL.L and JUKE.L.
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Drawdown Indicators
| SPOL.L | JUKE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.64% | -12.31% | -44.33% |
Max Drawdown (1Y)Largest decline over 1 year | -9.51% | -8.90% | -0.61% |
Max Drawdown (3Y)Largest decline over 3 years | -19.47% | -12.31% | -7.16% |
Max Drawdown (5Y)Largest decline over 5 years | -46.27% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -56.64% | — | — |
Current DrawdownCurrent decline from peak | -1.16% | -3.73% | +2.57% |
Average DrawdownAverage peak-to-trough decline | -21.80% | -2.19% | -19.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.99% | 2.58% | +1.41% |
Volatility
SPOL.L vs. JUKE.L - Volatility Comparison
iShares MSCI Poland UCITS ETF USD (Acc) (SPOL.L) has a higher volatility of 7.20% compared to JPMorgan UK Equity Core UCITS ETF GBP (dist) (JUKE.L) at 4.24%. This indicates that SPOL.L's price experiences larger fluctuations and is considered to be riskier than JUKE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPOL.L | JUKE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.20% | 4.24% | +2.96% |
Volatility (6M)Calculated over the trailing 6-month period | 17.30% | 9.41% | +7.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.18% | 10.95% | +12.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.10% | 11.89% | +15.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.42% | 11.89% | +13.53% |
SPOL.L vs. JUKE.L - Expense Ratio Comparison
SPOL.L has a 0.74% expense ratio, which is higher than JUKE.L's 0.25% expense ratio.
Dividends
SPOL.L vs. JUKE.L - Dividend Comparison
SPOL.L has not paid dividends to shareholders, while JUKE.L's dividend yield for the trailing twelve months is around 2.87%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
JUKE.L JPMorgan UK Equity Core UCITS ETF GBP (dist) | 2.87% | 2.79% | 3.11% | 2.94% | 1.26% |
SPOL.L iShares MSCI Poland UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SPOL.L and JUKE.L have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JUKE.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JUKE.L is cheaper with a 0.25% expense ratio, compared with 0.74% for SPOL.L.
SPOL.L tracks MSCI Poland NR EUR, while JUKE.L tracks FTSE AllSh TR GBP. They also come from different issuers: iShares and JPMorgan. Their fees differ too: 0.74% for SPOL.L and 0.25% for JUKE.L.
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