SSHY.L vs. JREU.L
SSHY.L (PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Dist) and JREU.L (JPMorgan US Research Enhanced Index Equity UCITS ETF - USD (acc)) are both exchange-traded funds - SSHY.L is a High Yield Bonds fund tracking the Bloomberg US Corporate High Yield TR USD, while JREU.L is a Large Cap Blend Equities fund tracking the Russell 1000 TR USD. Both are passively managed. Over the past 5 years, SSHY.L returned 6.31%/yr vs 14.87%/yr for JREU.L. At a 0.41 correlation, their price movements are largely independent. SSHY.L charges 0.55%/yr vs 0.20%/yr for JREU.L.
Performance
SSHY.L vs. JREU.L - Performance Comparison
Loading charts...
Different Trading Currencies
SSHY.L is traded in GBP, while JREU.L is traded in USD. To make them comparable, the JREU.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, SSHY.L achieves a 1.51% return, which is significantly lower than JREU.L's 9.93% return.
SSHY.L
- 1D
- 0.17%
- 1M
- 1.46%
- YTD
- 1.51%
- 6M
- 1.06%
- 1Y
- 8.37%
- 3Y*
- 5.91%
- 5Y*
- 6.31%
- 10Y*
- 6.28%
JREU.L
- 1D
- -0.07%
- 1M
- 3.89%
- YTD
- 9.93%
- 6M
- 9.31%
- 1Y
- 27.76%
- 3Y*
- 18.53%
- 5Y*
- 14.87%
- 10Y*
- —
SSHY.L vs. JREU.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
SSHY.L PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Dist | 1.51% | 1.40% | 10.17% | 5.51% | 6.56% | 5.70% | 0.33% | 6.66% | 0.13% |
JREU.L JPMorgan US Research Enhanced Index Equity UCITS ETF - USD (acc) | 9.93% | 8.01% | 27.31% | 21.94% | -9.26% | 31.81% | 16.10% | 25.58% | -6.81% |
Correlation
The correlation between SSHY.L and JREU.L is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Oct 17, 2018 | 0.41 |
The correlation between SSHY.L and JREU.L shifts across timeframes, from 0.30 (1 year) to 0.41 (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
SSHY.L vs. JREU.L — Risk / Return Rank
SSHY.L
JREU.L
SSHY.L vs. JREU.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Dist (SSHY.L) and JPMorgan US Research Enhanced Index Equity UCITS ETF - USD (acc) (JREU.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.
| SSHY.L | JREU.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.91 | ||
| Sortino ratioReturn per unit of downside risk | -1.06 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.43 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 2.25 | 4.02 | -1.78 |
| Martin ratioReturn relative to average drawdown | 6.90 | 14.24 | -7.33 |
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
| SSHY.L | JREU.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.44 | 2.35 | -0.91 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.83 | 0.96 | -0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.69 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.60 | 0.89 | -0.29 |
Drawdowns
SSHY.L vs. JREU.L - Drawdown Comparison
The maximum SSHY.L drawdown since its inception was -15.94%, smaller than the maximum JREU.L drawdown of -26.72%. Use the drawdown chart below to compare losses from any high point for SSHY.L and JREU.L.
Loading charts...
Drawdown Indicators
| SSHY.L | JREU.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.94% | -26.72% | +10.78% |
Max Drawdown (1Y)Largest decline over 1 year | -3.63% | -6.90% | +3.27% |
Max Drawdown (3Y)Largest decline over 3 years | -9.91% | -21.60% | +11.69% |
Max Drawdown (5Y)Largest decline over 5 years | -10.24% | -21.60% | +11.36% |
Max Drawdown (10Y)Largest decline over 10 years | -15.94% | — | — |
Current DrawdownCurrent decline from peak | -0.89% | -0.27% | -0.62% |
Average DrawdownAverage peak-to-trough decline | -4.30% | -3.73% | -0.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.18% | 1.95% | -0.77% |
Volatility
SSHY.L vs. JREU.L - Volatility Comparison
The current volatility for PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Dist (SSHY.L) is 1.59%, while JPMorgan US Research Enhanced Index Equity UCITS ETF - USD (acc) (JREU.L) has a volatility of 3.42%. This indicates that SSHY.L experiences smaller price fluctuations and is considered to be less risky than JREU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SSHY.L | JREU.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.59% | 3.42% | -1.83% |
Volatility (6M)Calculated over the trailing 6-month period | 4.03% | 8.52% | -4.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.67% | 11.80% | -6.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.58% | 15.53% | -7.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.16% | 17.40% | -8.24% |
SSHY.L vs. JREU.L - Expense Ratio Comparison
SSHY.L has a 0.55% expense ratio, which is higher than JREU.L's 0.20% expense ratio.
Dividends
SSHY.L vs. JREU.L - Dividend Comparison
SSHY.L's dividend yield for the trailing twelve months is around 7.07%, while JREU.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JREU.L JPMorgan US Research Enhanced Index Equity UCITS ETF - USD (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% |
SSHY.L PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Dist | 7.07% | 7.33% | 7.48% | 6.52% | 4.86% | 4.47% | 5.24% | 5.27% | 5.10% | 5.48% | 4.92% | 5.11% |
Frequently Asked Questions
SSHY.L and JREU.L have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JREU.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JREU.L is cheaper with a 0.20% expense ratio, compared with 0.55% for SSHY.L.
SSHY.L is categorized as High Yield Bonds, while JREU.L is Large Cap Blend Equities. SSHY.L tracks Bloomberg US Corporate High Yield TR USD, while JREU.L tracks Russell 1000 TR USD. They also come from different issuers: PIMCO and JPMorgan. Their fees differ too: 0.55% for SSHY.L and 0.20% for JREU.L.
Find the right allocation for SSHY.L and JREU.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