ETF Comparison: JEST vs JRGD
ETF Descriptions
JEST - JPMorgan EUR Ultra-Short Income UCITS ETF - EUR (Acc)
The JPMorgan EUR Ultra-Short Income UCITS ETF - EUR (Acc) is an actively managed bond ETF that seeks to provide income by investing in a diversified portfolio of short-term, investment-grade, Euro-denominated debt securities, with a focus on the banking industry.
JRGD - JPMorgan Global Research Enhanced Index Equity (ESG) UCITS ETF USD (dist)
The JPMorgan Global Research Enhanced Index Equity (ESG) UCITS ETF USD (dist) is an actively managed equity ETF that invests in companies from developed markets, with a focus on environmental, social, and governance (ESG) considerations. The fund seeks to generate a higher return than the MSCI World index while avoiding companies with negative ESG impacts.
Comparison Table
| JEST | JRGD | |
|---|---|---|
| Fund Name | JPMorgan EUR Ultra-Short Income UCITS ETF - EUR (Acc) | JPMorgan Global Research Enhanced Index Equity (ESG) UCITS ETF USD (dist) |
| Fund Provider | JPMorgan Chase | JPMorgan Chase |
| Index | JP Morgan EUR Ultra-Short Income | JP Morgan Global Research Enhanced Index Equity (ESG) |
| Asset Class | Bonds | Equity |
| Listing | EU-listed | EU-listed |
| Expense Ratio | 0.18% | 0.25% |
| Inception Date | 2018-06-06 | 2021-09-15 |
| Number Of Holdings | 169 | 699 |
| Currency | EUR | USD |
| Distribution Policy | Accumulating | Distributing |
| Region | Europe | Global |
| Leveraged | Non-leveraged | Non-leveraged |
Backtesting Options
Key Metrics
Performance Metrics
Risk Metrics
Detailed Returns
Benchmark Comparison
Performance Analysis
The performance analysis evaluates historical data to measure investment strategy returns through key metrics like Cumulative returns, End of Year (EoY) returns, and risk-adjusted measures such as the Sharpe ratio and Sortino ratio. This helps investors assess both absolute and relative performance across different market conditions.
Cumulative Returns
End of Year Returns Table
End of Year Returns
Risk Analysis
The risk analysis refers to an assessment of potential negative events that could lead to a loss of capital. Conducting a risk analysis can help in deciding whether an investment should be made. This is done using risk metrics such as drawdowns, volatility and beta which reflect stakeholders' confidence in the consistency of an investment strategy.
Drawdowns
Drawdowns Table
Monte Carlo Simulation
The Monte Carlo simulation is a statistical method used to forecast portfolio returns by generating a wide range of potential outcomes through random sampling from historical asset price data. It helps investors assess the potential risk and return of a portfolio under various market conditions. The simulation takes into account the initial investment and optionally simulates cash flow scenarios like fixed contributions, fixed withdrawals, or percentage withdrawals.
IMPORTANT: The forecast generated through Monte Carlo simulations is purely hypothetical and does not guarantee future returns. Investment decisions should be made with consideration of various factors, and past performance is not indicative of future results.