UEEH.DE vs. JPGL.DE
UEEH.DE (iShares Edge MSCI World Minimum Volatility UCITS ETF USD Dist) and JPGL.DE (JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating) are both Global Equities funds - UEEH.DE tracks the MSCI World Minimum Volatility while JPGL.DE tracks the JP Morgan Diversified Factor Global Developed (Region Aware) Equity. Both are passively managed. Over the past 5 years, UEEH.DE returned 6.00%/yr vs 10.67%/yr for JPGL.DE. A 0.78 correlation means they provide meaningful diversification when combined. UEEH.DE charges 0.30%/yr vs 0.20%/yr for JPGL.DE.
Performance
UEEH.DE vs. JPGL.DE - Performance Comparison
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Returns By Period
In the year-to-date period, UEEH.DE achieves a 2.93% return, which is significantly lower than JPGL.DE's 14.83% return.
UEEH.DE
- 1D
- -0.18%
- 1M
- 0.89%
- YTD
- 2.93%
- 6M
- 3.49%
- 1Y
- 4.11%
- 3Y*
- 7.53%
- 5Y*
- 6.00%
- 10Y*
- —
JPGL.DE
- 1D
- 0.58%
- 1M
- 3.41%
- YTD
- 14.83%
- 6M
- 15.51%
- 1Y
- 25.01%
- 3Y*
- 15.02%
- 5Y*
- 10.67%
- 10Y*
- —
UEEH.DE vs. JPGL.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
UEEH.DE iShares Edge MSCI World Minimum Volatility UCITS ETF USD Dist | 2.93% | -1.30% | 17.87% | 3.61% | -4.41% | 24.47% | 0.95% |
JPGL.DE JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating | 14.83% | 5.19% | 16.53% | 9.72% | -4.98% | 33.81% | 8.09% |
Correlation
The correlation between UEEH.DE and JPGL.DE is 0.65, 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 | 0.65 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.76 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since Aug 21, 2020 | 0.78 |
The correlation between UEEH.DE and JPGL.DE shifts across timeframes, from 0.65 (1 year) to 0.80 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
UEEH.DE vs. JPGL.DE — Risk / Return Rank
UEEH.DE
JPGL.DE
UEEH.DE vs. JPGL.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI World Minimum Volatility UCITS ETF USD Dist (UEEH.DE) and JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating (JPGL.DE). 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.
| UEEH.DE | JPGL.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.39 | ||
| Sortino ratioReturn per unit of downside risk | -3.32 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.52 | -0.43 |
| Calmar ratioReturn relative to maximum drawdown | 0.77 | 5.23 | -4.47 |
| Martin ratioReturn relative to average drawdown | 1.94 | 20.51 | -18.57 |
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Drawdowns
UEEH.DE vs. JPGL.DE - Drawdown Comparison
The maximum UEEH.DE drawdown since its inception was -12.87%, smaller than the maximum JPGL.DE drawdown of -35.54%. Use the drawdown chart below to compare losses from any high point for UEEH.DE and JPGL.DE.
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Drawdown Indicators
| UEEH.DE | JPGL.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.87% | -35.54% | +22.67% |
Max Drawdown (1Y)Largest decline over 1 year | -5.33% | -4.76% | -0.57% |
Max Drawdown (3Y)Largest decline over 3 years | -12.87% | -17.34% | +4.47% |
Max Drawdown (5Y)Largest decline over 5 years | -12.87% | -17.34% | +4.47% |
Current DrawdownCurrent decline from peak | -5.36% | 0.00% | -5.36% |
Average DrawdownAverage peak-to-trough decline | -4.37% | -4.76% | +0.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.11% | 1.22% | +0.89% |
Volatility
UEEH.DE vs. JPGL.DE - Volatility Comparison
iShares Edge MSCI World Minimum Volatility UCITS ETF USD Dist (UEEH.DE) has a higher volatility of 2.16% compared to JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating (JPGL.DE) at 2.00%. This indicates that UEEH.DE's price experiences larger fluctuations and is considered to be riskier than JPGL.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UEEH.DE | JPGL.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.16% | 2.00% | +0.16% |
Volatility (6M)Calculated over the trailing 6-month period | 5.75% | 6.09% | -0.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.12% | 8.63% | -0.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.30% | 11.86% | -1.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.22% | 14.94% | -4.72% |
UEEH.DE vs. JPGL.DE - Expense Ratio Comparison
UEEH.DE has a 0.30% expense ratio, which is higher than JPGL.DE's 0.20% expense ratio.
Dividends
UEEH.DE vs. JPGL.DE - Dividend Comparison
UEEH.DE's dividend yield for the trailing twelve months is around 1.68%, while JPGL.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
JPGL.DE JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UEEH.DE iShares Edge MSCI World Minimum Volatility UCITS ETF USD Dist | 1.68% | 1.72% | 1.70% | 1.89% | 1.73% | 1.62% |
Frequently Asked Questions
UEEH.DE and JPGL.DE have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JPGL.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JPGL.DE is cheaper with a 0.20% expense ratio, compared with 0.30% for UEEH.DE.
UEEH.DE tracks MSCI World Minimum Volatility, while JPGL.DE tracks JP Morgan Diversified Factor Global Developed (Region Aware) Equity. They also come from different issuers: iShares and JPMorgan. Their fees differ too: 0.30% for UEEH.DE and 0.20% for JPGL.DE.
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