WINC.L vs. JPAS.L
WINC.L (iShares World Equity High Income Active UCITS ETF USD Inc) and JPAS.L (JPMorgan ETFs (Ireland) ICAV - USD Ultra-Short Income Active ETF USD Acc) are both Dividend funds. Both are actively managed. Over the past year, WINC.L returned 22.30% vs 3.51% for JPAS.L. At a 0.16 correlation, their price movements are largely independent.
Performance
WINC.L vs. JPAS.L - Performance Comparison
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Returns By Period
In the year-to-date period, WINC.L achieves a 10.93% return, which is significantly higher than JPAS.L's 1.52% return.
WINC.L
- 1D
- 0.55%
- 1M
- 0.55%
- 6M
- 9.36%
- YTD
- 10.93%
- 1Y
- 22.30%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JPAS.L
- 1D
- -0.62%
- 1M
- -0.14%
- 6M
- 1.35%
- YTD
- 1.52%
- 1Y
- 3.51%
- 3Y*
- 4.11%
- 5Y*
- 4.11%
- 10Y*
- —
WINC.L vs. JPAS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
WINC.L iShares World Equity High Income Active UCITS ETF USD Inc | 10.93% | 11.87% | 9.73% |
JPAS.L JPMorgan ETFs (Ireland) ICAV - USD Ultra-Short Income Active ETF USD Acc | 1.52% | -2.07% | 4.90% |
Correlation
The correlation between WINC.L and JPAS.L is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 2024 | 0.16 |
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Return for Risk
WINC.L vs. JPAS.L — Risk / Return Rank
WINC.L
JPAS.L
WINC.L vs. JPAS.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares World Equity High Income Active UCITS ETF USD Inc (WINC.L) and JPMorgan ETFs (Ireland) ICAV - USD Ultra-Short Income Active ETF USD Acc (JPAS.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.
| WINC.L | JPAS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.74 | ||
| Sortino ratioReturn per unit of downside risk | +2.35 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.10 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 4.31 | 0.80 | +3.51 |
| Martin ratioReturn relative to average drawdown | 16.01 | 2.05 | +13.96 |
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Drawdowns
WINC.L vs. JPAS.L - Drawdown Comparison
The maximum WINC.L drawdown since its inception was -16.51%, smaller than the maximum JPAS.L drawdown of -26.18%. Use the drawdown chart below to compare losses from any high point for WINC.L and JPAS.L.
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Drawdown Indicators
| WINC.L | JPAS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.51% | -26.18% | +9.67% |
Max Drawdown (1Y)Largest decline over 1 year | -5.36% | -4.36% | -1.00% |
Max Drawdown (3Y)Largest decline over 3 years | — | -9.32% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -15.31% | — |
Current DrawdownCurrent decline from peak | -0.58% | -6.97% | +6.39% |
Average DrawdownAverage peak-to-trough decline | -2.06% | -14.97% | +12.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.45% | 1.71% | -0.26% |
Volatility
WINC.L vs. JPAS.L - Volatility Comparison
iShares World Equity High Income Active UCITS ETF USD Inc (WINC.L) has a higher volatility of 3.06% compared to JPMorgan ETFs (Ireland) ICAV - USD Ultra-Short Income Active ETF USD Acc (JPAS.L) at 1.77%. This indicates that WINC.L's price experiences larger fluctuations and is considered to be riskier than JPAS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WINC.L | JPAS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.06% | 1.77% | +1.29% |
Volatility (6M)Calculated over the trailing 6-month period | 7.17% | 4.71% | +2.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.11% | 6.37% | +3.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.57% | 8.32% | +3.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.57% | 12.24% | -0.67% |
Dividends
WINC.L vs. JPAS.L - Dividend Comparison
WINC.L's dividend yield for the trailing twelve months is around 12.81%, while JPAS.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
JPAS.L JPMorgan ETFs (Ireland) ICAV - USD Ultra-Short Income Active ETF USD Acc | 0.00% | 0.00% | 0.00% |
WINC.L iShares World Equity High Income Active UCITS ETF USD Inc | 12.81% | 9.75% | 4.72% |
Frequently Asked Questions
WINC.L and JPAS.L have a correlation of 0.18, 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: iShares and JPMorgan.
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