TDIV.L vs. JPLG.L

Last updated Jul 18, 2026

TDIV.L (VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF USD (Dist)) and JPLG.L (JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating) are both Global Equities funds - TDIV.L tracks the Morningstar Developed Markets Large Cap Dividend Leaders Screened Select Index while JPLG.L tracks the MSCI ACWI NR USD. Both are passively managed. Over the past 5 years, TDIV.L returned 17.81%/yr vs 9.83%/yr for JPLG.L. A 0.77 correlation means they provide meaningful diversification when combined. TDIV.L charges 0.38%/yr vs 0.20%/yr for JPLG.L.

Performance

TDIV.L vs. JPLG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF USD (Dist) (TDIV.L) and JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating (JPLG.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

TDIV.L is traded in USD, while JPLG.L is traded in GBp. To make them comparable, the JPLG.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, TDIV.L achieves a 11.84% return, which is significantly lower than JPLG.L's 12.50% return.

TDIV.L

• 1D: 0.32%
• 1M: 2.15%
• 6M: 10.53%
• YTD: 11.84%
• 1Y: 29.81%
• 3Y*: 22.34%
• 5Y*: 17.81%
• 10Y*: 13.83%

JPLG.L

• 1D: 0.15%
• 1M: 1.42%
• 6M: 9.64%
• YTD: 12.50%
• 1Y: 21.90%
• 3Y*: 15.50%
• 5Y*: 9.83%
• 10Y*: —

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

TDIV.L vs. JPLG.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
TDIV.L VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF USD (Dist)	11.84%	40.41%	8.93%	15.44%	9.29%	18.14%	-2.30%	5.89%
JPLG.L JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating	12.50%	18.42%	10.23%	12.69%	-10.05%	23.54%	5.71%	6.32%

Correlation

The correlation between TDIV.L and JPLG.L is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.67
Correlation (3Y) Calculated over the trailing 3-year period	0.68
Correlation (5Y) Calculated over the trailing 5-year period	0.75
Correlation (All Time) Calculated using the full available price history since Jul 16, 2019	0.77

The correlation between TDIV.L and JPLG.L shifts across timeframes, from 0.67 (1 year) to 0.77 (all time), reflecting how their relationship changes across market environments.

Return for Risk

TDIV.L vs. JPLG.L — Risk / Return Rank

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

TDIV.L

TDIV.L Risk / Return Rank: 93
TDIV.L Sharpe Ratio Rank: 93
TDIV.L Sortino Ratio Rank: 93
TDIV.L Omega Ratio Rank: 92
TDIV.L Calmar Ratio Rank: 95
TDIV.L Martin Ratio Rank: 91

JPLG.L

JPLG.L Risk / Return Rank: 90
JPLG.L Sharpe Ratio Rank: 94
JPLG.L Sortino Ratio Rank: 93
JPLG.L Omega Ratio Rank: 92
JPLG.L Calmar Ratio Rank: 87
JPLG.L Martin Ratio Rank: 87

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.

TDIV.L vs. JPLG.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF USD (Dist) (TDIV.L) and JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating (JPLG.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	TDIV.L	JPLG.L	Difference
Sharpe ratio: Return per unit of total volatility	2.65	2.40	+0.24
Sortino ratio: Return per unit of downside risk	3.61	3.52	+0.09
Omega ratio: Gain probability vs. loss probability	1.48	1.42	+0.05
Calmar ratio: Return relative to maximum drawdown	5.64	3.30	+2.33
Martin ratio: Return relative to average drawdown	15.83	12.39	+3.44

TDIV.L vs. JPLG.L - Sharpe Ratio Comparison

The current TDIV.L Sharpe Ratio is 2.65, which is comparable to the JPLG.L Sharpe Ratio of 2.40. The chart below compares the historical Sharpe Ratios of TDIV.L and JPLG.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TDIV.L vs. JPLG.L - Drawdown Comparison

The maximum TDIV.L drawdown since its inception was -37.94%, which is greater than JPLG.L's maximum drawdown of -35.38%. Use the drawdown chart below to compare losses from any high point for TDIV.L and JPLG.L.

Drawdown Indicators

	TDIV.L	JPLG.L	Difference
Max Drawdown Largest peak-to-trough decline	-37.94%	-35.38%	-2.56%
Max Drawdown (1Y) Largest decline over 1 year	-5.27%	-6.61%	+1.34%
Max Drawdown (3Y) Largest decline over 3 years	-13.89%	-12.54%	-1.35%
Max Drawdown (5Y) Largest decline over 5 years	-18.52%	-21.57%	+3.05%
Max Drawdown (10Y) Largest decline over 10 years	-37.94%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-3.99%	-4.43%	+0.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.88%	1.76%	+0.12%

Volatility

TDIV.L vs. JPLG.L - Volatility Comparison

VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF USD (Dist) (TDIV.L) has a higher volatility of 2.90% compared to JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating (JPLG.L) at 1.84%. This indicates that TDIV.L's price experiences larger fluctuations and is considered to be riskier than JPLG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TDIV.L	JPLG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.90%	1.84%	+1.06%
Volatility (6M) Calculated over the trailing 6-month period	8.56%	7.09%	+1.47%
Volatility (1Y) Calculated over the trailing 1-year period	11.22%	9.11%	+2.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.56%	13.15%	+1.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.20%	15.73%	+0.47%

TDIV.L vs. JPLG.L - Expense Ratio Comparison

TDIV.L has a 0.38% expense ratio, which is higher than JPLG.L's 0.20% expense ratio.

Dividends

TDIV.L vs. JPLG.L - Dividend Comparison

TDIV.L's dividend yield for the trailing twelve months is around 3.10%, while JPLG.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
JPLG.L JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TDIV.L VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF USD (Dist)	3.10%	3.49%	4.36%	4.82%	4.49%	4.14%	3.88%	4.37%	5.77%	4.50%

Frequently Asked Questions

Can I hold both TDIV.L and JPLG.L in my portfolio?

TDIV.L and JPLG.L have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TDIV.L or JPLG.L?

On fees, JPLG.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TDIV.L or JPLG.L?

JPLG.L is cheaper with a 0.20% expense ratio, compared with 0.38% for TDIV.L.

What is the main difference between TDIV.L and JPLG.L?

TDIV.L tracks Morningstar Developed Markets Large Cap Dividend Leaders Screened Select Index, while JPLG.L tracks MSCI ACWI NR USD. They also come from different issuers: VanEck and JPMorgan. Their fees differ too: 0.38% for TDIV.L and 0.20% for JPLG.L.