UD02.L vs. JRDZ.L

Last updated Jun 5, 2026

UD02.L (UBS ETF (LU) Factor MSCI EMU Low Volatility UCITS ETF (EUR) A-dis) and JRDZ.L (JPMorgan Eurozone Research Enhanced Index Equity (ESG) UCITS ETF EUR (dist)) are both Europe Equities funds tracking the MSCI EMU NR EUR, from UBS and JPMorgan respectively. Both are passively managed. UD02.L charges 0.28%/yr vs 0.25%/yr for JRDZ.L.

Performance

UD02.L vs. JRDZ.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in UBS ETF (LU) Factor MSCI EMU Low Volatility UCITS ETF (EUR) A-dis (UD02.L) and JPMorgan Eurozone Research Enhanced Index Equity (ESG) UCITS ETF EUR (dist) (JRDZ.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

UD02.L

• 1D: 0.06%
• 1M: -1.90%
• YTD: 4.77%
• 6M: 6.38%
• 1Y: 8.84%
• 3Y*: 10.08%
• 5Y*: —
• 10Y*: —

JRDZ.L

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

Return for Risk

UD02.L vs. JRDZ.L — Risk / Return Rank

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

UD02.L

UD02.L Risk / Return Rank: 26
UD02.L Sharpe Ratio Rank: 29
UD02.L Sortino Ratio Rank: 26
UD02.L Omega Ratio Rank: 29
UD02.L Calmar Ratio Rank: 24
UD02.L Martin Ratio Rank: 25

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.

UD02.L vs. JRDZ.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) Factor MSCI EMU Low Volatility UCITS ETF (EUR) A-dis (UD02.L) and JPMorgan Eurozone Research Enhanced Index Equity (ESG) UCITS ETF EUR (dist) (JRDZ.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.

	UD02.L	JRDZ.L	Difference
Sharpe ratio: Return per unit of total volatility	1.01	—	—
Sortino ratio: Return per unit of downside risk	1.36	—	—
Omega ratio: Gain probability vs. loss probability	1.19	—	—
Calmar ratio: Return relative to maximum drawdown	1.10	—	—
Martin ratio: Return relative to average drawdown	3.13	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	UD02.L	JRDZ.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.01	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.74	—	—

Drawdowns

Drawdown Indicators

	UD02.L	JRDZ.L	Difference
Max Drawdown Largest peak-to-trough decline	-9.54%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-9.54%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-9.54%	—	—
Current Drawdown Current decline from peak	-5.84%	—	—
Average Drawdown Average peak-to-trough decline	-2.33%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.22%	—	—

Volatility

Volatility by Period

	UD02.L	JRDZ.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.92%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.34%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.42%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.10%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.10%	—	—

UD02.L vs. JRDZ.L - Expense Ratio Comparison

UD02.L has a 0.28% expense ratio, which is higher than JRDZ.L's 0.25% expense ratio.

Dividends

UD02.L vs. JRDZ.L - Dividend Comparison

UD02.L's dividend yield for the trailing twelve months is around 2.35%, while JRDZ.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
JRDZ.L JPMorgan Eurozone Research Enhanced Index Equity (ESG) UCITS ETF EUR (dist)	0.00%	0.00%	0.00%	0.00%
UD02.L UBS ETF (LU) Factor MSCI EMU Low Volatility UCITS ETF (EUR) A-dis	2.35%	3.03%	4.80%	2.58%

Frequently Asked Questions

Which ETF is better, UD02.L or JRDZ.L?

On fees, JRDZ.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, UD02.L or JRDZ.L?

JRDZ.L is cheaper with a 0.25% expense ratio, compared with 0.28% for UD02.L.

What is the main difference between UD02.L and JRDZ.L?

Both ETFs track MSCI EMU NR EUR. They also come from different issuers: UBS and JPMorgan. Their fees differ too: 0.28% for UD02.L and 0.25% for JRDZ.L.