XX25.L vs. JREC.L
XX25.L (Xtrackers FTSE China 50 UCITS ETF 1C) and JREC.L (JPM China A Research Enhanced Index Equity Active UCITS ETF - USD (acc)) are both China Equities funds. XX25.L is passively managed, while JREC.L is actively managed. Over the past 3 years, XX25.L returned 12.87%/yr vs 9.94%/yr for JREC.L. A 0.69 correlation means they provide meaningful diversification when combined.
Performance
XX25.L vs. JREC.L - Performance Comparison
Loading charts...
Different Trading Currencies
XX25.L is traded in GBp, while JREC.L is traded in USD. To make them comparable, the JREC.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, XX25.L achieves a 6.62% return, which is significantly lower than JREC.L's 9.07% return.
XX25.L
- 1D
- -1.02%
- 1M
- -2.88%
- 6M
- 3.44%
- YTD
- 6.62%
- 1Y
- 27.39%
- 3Y*
- 12.87%
- 5Y*
- 0.15%
- 10Y*
- 3.33%
JREC.L
- 1D
- -1.80%
- 1M
- -2.78%
- 6M
- 5.86%
- YTD
- 9.07%
- 1Y
- 31.42%
- 3Y*
- 9.94%
- 5Y*
- —
- 10Y*
- —
XX25.L vs. JREC.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XX25.L Xtrackers FTSE China 50 UCITS ETF 1C | 6.62% | 17.72% | 29.08% | -18.23% | -11.93% |
JREC.L JPM China A Research Enhanced Index Equity Active UCITS ETF - USD (acc) | 9.07% | 19.23% | 11.57% | -17.36% | -9.90% |
Correlation
The correlation between XX25.L and JREC.L is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.92 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.76 |
Correlation (All Time) Calculated using the full available price history since Feb 15, 2022 | 0.69 |
Over the past year, XX25.L and JREC.L have become more correlated (0.92) than their long-term average of 0.69, meaning their price movements have been converging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XX25.L vs. JREC.L — Risk / Return Rank
XX25.L
JREC.L
XX25.L vs. JREC.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers FTSE China 50 UCITS ETF 1C (XX25.L) and JPM China A Research Enhanced Index Equity Active UCITS ETF - USD (acc) (JREC.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.
| XX25.L | JREC.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.16 | ||
| Sortino ratioReturn per unit of downside risk | -0.22 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.30 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.25 | 3.83 | -0.58 |
| Martin ratioReturn relative to average drawdown | 9.41 | 11.58 | -2.17 |
Loading charts...
Drawdowns
XX25.L vs. JREC.L - Drawdown Comparison
The maximum XX25.L drawdown since its inception was -99.38%, which is greater than JREC.L's maximum drawdown of -36.61%. Use the drawdown chart below to compare losses from any high point for XX25.L and JREC.L.
Loading charts...
Drawdown Indicators
| XX25.L | JREC.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.38% | -36.61% | -62.77% |
Max Drawdown (1Y)Largest decline over 1 year | -8.38% | -8.17% | -0.21% |
Max Drawdown (3Y)Largest decline over 3 years | -35.85% | -25.01% | -10.84% |
Max Drawdown (5Y)Largest decline over 5 years | -45.01% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -54.65% | — | — |
Current DrawdownCurrent decline from peak | -21.97% | -7.21% | -14.76% |
Average DrawdownAverage peak-to-trough decline | -40.72% | -16.89% | -23.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.90% | 2.71% | +0.19% |
Volatility
XX25.L vs. JREC.L - Volatility Comparison
The current volatility for Xtrackers FTSE China 50 UCITS ETF 1C (XX25.L) is 8.61%, while JPM China A Research Enhanced Index Equity Active UCITS ETF - USD (acc) (JREC.L) has a volatility of 9.11%. This indicates that XX25.L experiences smaller price fluctuations and is considered to be less risky than JREC.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XX25.L | JREC.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.61% | 9.11% | -0.50% |
Volatility (6M)Calculated over the trailing 6-month period | 13.50% | 14.56% | -1.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.93% | 18.67% | -0.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.30% | 22.38% | +7.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.17% | 22.38% | +3.79% |
Dividends
XX25.L vs. JREC.L - Dividend Comparison
Neither XX25.L nor JREC.L has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.92, XX25.L and JREC.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
They also come from different issuers: Xtrackers and ETF Issuer.
Find the right allocation for XX25.L and JREC.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer