WDIV.AX vs. JEGA.AX
WDIV.AX (SPDR ETFs Australia - State Street SPDR S&P Global Dividend ETF) and JEGA.AX (JPMorgan Global Equity Premium Income Complex ETF) are both Dividend funds. WDIV.AX is passively managed, while JEGA.AX is actively managed. Over the past year, WDIV.AX returned 12.20% vs -6.29% for JEGA.AX. At a 0.32 correlation, their price movements are largely independent.
Performance
WDIV.AX vs. JEGA.AX - Performance Comparison
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Returns By Period
In the year-to-date period, WDIV.AX achieves a 6.64% return, which is significantly higher than JEGA.AX's -5.91% return.
WDIV.AX
- 1D
- 0.19%
- 1M
- 2.96%
- 6M
- 4.11%
- YTD
- 6.64%
- 1Y
- 12.20%
- 3Y*
- 15.80%
- 5Y*
- 9.65%
- 10Y*
- 7.78%
JEGA.AX
- 1D
- -0.33%
- 1M
- 2.19%
- 6M
- -6.45%
- YTD
- -5.91%
- 1Y
- -6.29%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WDIV.AX vs. JEGA.AX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
WDIV.AX SPDR ETFs Australia - State Street SPDR S&P Global Dividend ETF | 6.64% | 19.30% | 3.09% |
JEGA.AX JPMorgan Global Equity Premium Income Complex ETF | -5.91% | 2.55% | 6.18% |
Correlation
The correlation between WDIV.AX and JEGA.AX is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Aug 2, 2024 | 0.32 |
The correlation between WDIV.AX and JEGA.AX shifts across timeframes, from 0.32 (all time) to 0.50 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
WDIV.AX vs. JEGA.AX — Risk / Return Rank
WDIV.AX
JEGA.AX
WDIV.AX vs. JEGA.AX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR ETFs Australia - State Street SPDR S&P Global Dividend ETF (WDIV.AX) and JPMorgan Global Equity Premium Income Complex ETF (JEGA.AX). 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.
| WDIV.AX | JEGA.AX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.66 | ||
| Sortino ratioReturn per unit of downside risk | +2.43 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 0.92 | +0.31 |
| Calmar ratioReturn relative to maximum drawdown | 1.63 | -0.42 | +2.05 |
| Martin ratioReturn relative to average drawdown | 4.65 | -0.87 | +5.52 |
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Drawdowns
WDIV.AX vs. JEGA.AX - Drawdown Comparison
The maximum WDIV.AX drawdown since its inception was -32.49%, which is greater than JEGA.AX's maximum drawdown of -17.60%. Use the drawdown chart below to compare losses from any high point for WDIV.AX and JEGA.AX.
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Drawdown Indicators
| WDIV.AX | JEGA.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.49% | -17.60% | -14.89% |
Max Drawdown (1Y)Largest decline over 1 year | -7.29% | -14.83% | +7.54% |
Max Drawdown (3Y)Largest decline over 3 years | -7.29% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -10.93% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -32.49% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -12.16% | +12.16% |
Average DrawdownAverage peak-to-trough decline | -5.10% | -5.77% | +0.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.59% | 7.20% | -4.61% |
Volatility
WDIV.AX vs. JEGA.AX - Volatility Comparison
The current volatility for SPDR ETFs Australia - State Street SPDR S&P Global Dividend ETF (WDIV.AX) is 2.42%, while JPMorgan Global Equity Premium Income Complex ETF (JEGA.AX) has a volatility of 3.84%. This indicates that WDIV.AX experiences smaller price fluctuations and is considered to be less risky than JEGA.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WDIV.AX | JEGA.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.42% | 3.84% | -1.42% |
Volatility (6M)Calculated over the trailing 6-month period | 7.18% | 8.40% | -1.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.81% | 11.35% | -0.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.21% | 13.07% | -2.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.00% | 13.07% | -1.07% |
Dividends
WDIV.AX vs. JEGA.AX - Dividend Comparison
WDIV.AX's dividend yield for the trailing twelve months is around 10.45%, more than JEGA.AX's 5.22% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JEGA.AX JPMorgan Global Equity Premium Income Complex ETF | 5.22% | 6.92% | 2.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WDIV.AX SPDR ETFs Australia - State Street SPDR S&P Global Dividend ETF | 10.45% | 7.31% | 2.90% | 4.72% | 4.45% | 4.11% | 5.81% | 4.95% | 7.54% | 3.96% | 3.92% | 8.97% |
Frequently Asked Questions
WDIV.AX and JEGA.AX have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: SPDR and JPMorgan.
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