TER
0.67% p.a.
Distribution policy
Accumulating
Replication
Full replication
Fund size
2 m
Overview
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Description
The JPMorgan Equity Long-Short UCITS ETF - EUR Hedged is an actively managed ETF.
The JP Morgan Equity Long-Short Strategy (EUR Hedged) invests mainly in long and short positions of developed market equities. In doing so, the fund management uses a quantitative model to identify equities that it considers to be undervalued or overvalued and that have low correlations with each other. Currency hedged to Euro (EUR).
Actively managed strategy
Chart
Basics
Data
| Index | JP Morgan Equity Long-Short (EUR Hedged) |
| Investment focus | Equity, World |
| Fund size | EUR 2 m |
| Total expense ratio | 0.67% p.a. |
| Replication | Physical (Full replication) |
| Legal structure | ETF |
| Strategy risk | Actively managed |
| Sustainability | No |
| Fund currency | EUR |
| Currency risk | Currency hedged |
| Volatility 1 year (in EUR) | 10.11% |
| Inception/ Listing Date | 7 September 2018 |
| Distribution policy | Accumulating |
| Distribution frequency | - |
| Fund domicile | Ireland |
| Fund Provider | J.P. Morgan |
| Fund Structure | Open-ended Investment Company (OEIC) |
| UCITS compliance | Yes |
| Administrator | Brown Brothers Harriman Fund Administration Services (Ireland) Ltd |
| Investment Advisor | JPMorgan Asset Management UK Limited |
| Custodian Bank | Brown Brothers Harriman Trustee Services Ireland Limited |
| Revision Company | PricewaterhouseCoopers (Ireland) |
| Fiscal Year End | 31 December |
| Swiss representative | JPMorgan Asset Management (Switzerland) LLC |
| Swiss paying agent | J.P. Morgan (Suisse) SA |
| Tax data | Bundesanzeiger | |
| Germany | Tax transparent | |
| Switzerland | ESTV Reporting | |
| Austria | Tax Reporting Fund | |
| UK | UK Reporting | |
| Indextype | Total return index |
| Swap counterparty | - |
| Collateral manager | |
| Securities lending | No |
| Securities lending counterparty |
Similar ETFs
This section provides you with information on other ETFs with a similar investment focus to the JPMorgan Equity Long-Short UCITS ETF - EUR Hedged.
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Performance
Returns overview
| YTD | -23.01% |
| 1 month | +0.00% |
| 3 months | -5.43% |
| 6 months | -23.85% |
| 1 year | -23.88% |
| 3 years | - |
| 5 years | - |
| Since inception (MAX) | - |
| 2023 | -5.40% |
| 2022 | - |
| 2021 | - |
| 2020 | - |
Monthly returns in a heat map
Risk
Risk metrics in this section:
- Volatility, annualised, measured for 1, 3 and 5 year periods. The annualised volatility reflects the degree of price fluctuations during a one year period. The higher the volatility, the more significantly the price of the asset (stock, ETF, etc.) has changed in the past. Assets with higher volatility are generally considered more risky. We calculate the volatility based on the data for the past 1, 3 and 5 years so that you can see if price fluctuations for the ETF became stronger or weaker over time.
- Return per risk for 1, 3 and 5 year periods. This is the annualised (i.e. converted to a one year period) past return divided by the past annualised volatility. The metric puts the historical return of an asset in relation to its historical risk and gives you a retrospective indication of the degree of price fluctuation you had to bear with in order to obtain the return. We calculate this parameter for 1, 3 and 5 year periods to display its evolution over time.
- Maximum drawdown for a period. This shows the worst possible loss an investor could have suffered during the respective period, by first buying and subsequently selling the asset at the least favourable prices. For example, if there was the following sequence of daily ETF prices: 10€, 5€, 12€, 20€, an investor would have suffered the worst loss by buying for 10€ and subsequently selling for 5€. Therefore in this case the maximum drawdown would be (5€ - 10€)/10€ = -50%.
Risk overview
| Volatility 1 year | 10.11% |
| Volatility 3 years | - |
| Volatility 5 years | - |
| Return per risk 1 year | -2.36 |
| Return per risk 3 years | - |
| Return per risk 5 years | - |
| Maximum drawdown 1 year | - |
| Maximum drawdown 3 years | - |
| Maximum drawdown 5 years | - |
| Maximum drawdown since inception | - |
Rolling 1 year volatility
Stock exchange
Listings
| Listing | Trade Currency | Ticker | Bloomberg / iNAV Bloomberg Code | Reuters RIC / iNAV Reuters | Market Maker |
|---|---|---|---|---|---|
| Stuttgart Stock Exchange | EUR | JLEE | - - | - - | - |
| Borsa Italiana | EUR | JLSE | JLSE IM | JLSE.MI JLSEEUiv.P | |
| London Stock Exchange | EUR | JLSE | JLSE LN | JLSE.L JLSEEUiv.P | |
| SIX Swiss Exchange | EUR | JLSE | JLSE SW | JLSE.S JLSEEUiv.P | |
| XETRA | EUR | JLEE | JLEE GY | JLEE.DE JLSEEUiv.P |
Further information
Further ETFs with similar investment focus
| Fund name | Fund Size in m € (AuM) | TER p.a. | Distribution | Replication |
|---|---|---|---|---|
| iShares Core MSCI World UCITS ETF USD (Acc) | 65,799 | 0.20% p.a. | Accumulating | Sampling |
| Vanguard FTSE All-World UCITS ETF Distributing | 12,775 | 0.22% p.a. | Distributing | Sampling |
| iShares MSCI ACWI UCITS ETF USD (Acc) | 11,630 | 0.20% p.a. | Accumulating | Sampling |
| Xtrackers MSCI World UCITS ETF 1C | 10,533 | 0.19% p.a. | Accumulating | Sampling |
| Vanguard FTSE All-World UCITS ETF (USD) Accumulating | 10,307 | 0.22% p.a. | Accumulating | Sampling |
Frequently asked questions
What is the name of JLEE?
The name of JLEE is JPMorgan Equity Long-Short UCITS ETF - EUR Hedged.
What is the ticker of JPMorgan Equity Long-Short UCITS ETF - EUR Hedged?
The primary ticker of JPMorgan Equity Long-Short UCITS ETF - EUR Hedged is JLEE.
What is the ISIN of JPMorgan Equity Long-Short UCITS ETF - EUR Hedged?
The ISIN of JPMorgan Equity Long-Short UCITS ETF - EUR Hedged is IE00BDDRF148.
What are the costs of JPMorgan Equity Long-Short UCITS ETF - EUR Hedged?
The total expense ratio (TER) of JPMorgan Equity Long-Short UCITS ETF - EUR Hedged amounts to 0.67% p.a.. These costs are withdrawn continuously from the fund assets and already included in the performance of the ETF. You don't have to pay them separately. Please have a look at our article for more information about the cost of ETFs.
Is JPMorgan Equity Long-Short UCITS ETF - EUR Hedged paying dividends?
JPMorgan Equity Long-Short UCITS ETF - EUR Hedged is an accumulating ETF. This means that dividends are not distributed to investors. Instead, dividends are reinvested in the fund on the ex-date, which leads to an increase of the ETF's share price.
What's the fund size of JPMorgan Equity Long-Short UCITS ETF - EUR Hedged?
The fund size of JPMorgan Equity Long-Short UCITS ETF - EUR Hedged is 2m Euro. See the following article for more information about the size of ETFs.
— Data provided by Trackinsight, etfinfo, Xignite Inc., gettex, FactSet and justETF GmbH. Quotes are either real-time (gettex) or 15 minutes delayed stock exchange quotes or NAVs (daily published by the fund provider). By default, ETF returns include dividend payments (if applicable). There is no warranty for completeness, accuracy and correctness for the displayed information.