ETF comparison

JRED vs JREE

JPM Europe Research Enhanced Index Equity Active UCITS ETF - EUR (dist)
IE000WGK3YY5J.P. Morgan Asset Management
JPM Europe Research Enhanced Index Equity Active UCITS ETF - EUR (acc)
IE00BF4G7183J.P. Morgan Asset Management
Figures as of October 2, 2026 (JRED) · October 2, 2026 (JREE)

The comparison in short

JRED (JPM Europe Research Enhanced Index Equity Active UCITS ETF - EUR (dist), IE000WGK3YY5) and JREE (JPM Europe Research Enhanced Index Equity Active UCITS ETF - EUR (acc), IE00BF4G7183) both track the MSCI Europe index. JREE has the lower total expense ratio (TER): 0.24% a year against 0.26% for JRED, 0.02 percentage points less, or about 2 a year on 10,000 invested. JRED reports EUR 2.9bn in assets and JREE EUR 2.9bn. JRED reports 155 holdings and JREE 155. 50 of the holdings published by JRED (top 50) and JREE (top 50) appear in both lists; measured on those published positions only, the overlap is at least 66.4%. Shared holdings include ASML HOLDING NV /EUR/, SIEMENS AG-REG /EUR/, HSBC HOLDINGS PLC /GBP/, ASTRAZENECA PLC /GBP/ and ALLIANZ SE REGISTERED /EUR/. In 2025, JRED returned +19.4% and JREE +19.5%, a gap of 0.1 percentage points. Over 3 years, JRED returned +14.9% a year and JREE +14.9% a year. JREE reinvests its income (accumulating), while JRED pays it out (distributing). Both are domiciled in Ireland. JRED and JREE both carry a risk indicator (SRRI) of 4 on the 1–7 scale. This is a factual comparison from the fund houses' documents, not investment advice.

Side by side

FigureJREDJREE
ISINIE000WGK3YY5IE00BF4G7183
Exchange tickersJRED, JERD, JRDEJREE, JERA, JERE
Fund houseJ.P. Morgan Asset ManagementJ.P. Morgan Asset Management
Total expense ratio (TER)0.26%0.24%
Ongoing charges (KID)0.26%0.24%
Fund sizeEUR 2.9bnEUR 2.9bn
Launch dateSeptember 15, 2021October 10, 2018
DomicileIrelandIreland
Distribution policyDistributingAccumulating
Share class currencyEUREUR
Number of holdings155155
Risk indicator (SRRI)4 / 74 / 7
SFDR classificationArticle 8Article 8
BenchmarkMSCI Europe Index (Total Return Net)MSCI Europe Index (Total Return Net)

Performance

Calendar-year returns

YearJREDJREEDifference
2025+19.4%+19.5%−0.1
2024+7.6%+7.6%0.0
2023+17.2%+17.2%0.0
2022−9.4%−9.4%0.0

Annualised returns

PeriodJREDJREEDifference
1 year+22.8%+22.8%0.0
3 years+14.9%+14.9%0.0
Returns as published by each fund house, in each share class's currency and net of the fund's charges. The difference is in percentage points. Past performance does not predict future returns.

Holdings

50 of the holdings published by JRED (top 50) and JREE (top 50) appear in both lists; measured on those published positions only, the overlap is at least 66.4%. Shared holdings include ASML HOLDING NV /EUR/, SIEMENS AG-REG /EUR/, HSBC HOLDINGS PLC /GBP/, ASTRAZENECA PLC /GBP/ and ALLIANZ SE REGISTERED /EUR/.

Top 10 holdings of JRED

#HoldingWeight
1
ASML HOLDING NV /EUR/In both
5.93%
2
SIEMENS AG-REG /EUR/In both
2.39%
3
HSBC HOLDINGS PLC /GBP/In both
2.29%
4
ASTRAZENECA PLC /GBP/In both
2.13%
5
ALLIANZ SE REGISTERED /EUR/In both
2.08%
6
SHELL PLC-NEW /GBP/In both
2.03%
7
ROCHE HOLDING AG /CHF/In both
1.99%
8
NESTLE SA-REG /CHF/In both
1.97%
9
BANCO SANTANDER SA /EUR/In both
1.95%
10
NOVARTIS AG-REG /CHF/In both
1.83%

Top 10 holdings of JREE

#HoldingWeight
1
ASML HOLDING NV /EUR/In both
5.93%
2
SIEMENS AG-REG /EUR/In both
2.39%
3
HSBC HOLDINGS PLC /GBP/In both
2.29%
4
ASTRAZENECA PLC /GBP/In both
2.13%
5
ALLIANZ SE REGISTERED /EUR/In both
2.08%
6
SHELL PLC-NEW /GBP/In both
2.03%
7
ROCHE HOLDING AG /CHF/In both
1.99%
8
NESTLE SA-REG /CHF/In both
1.97%
9
BANCO SANTANDER SA /EUR/In both
1.95%
10
NOVARTIS AG-REG /CHF/In both
1.83%
Compare every published holding of JRED and JREE in the overlap checker

Sectors and countries

Largest sectors of JRED

  1. Banks17.3%
  2. General Industry13.7%
  3. Healthcare12.0%
  4. Consumer Non-Durables7.3%
  5. Technology - Semis & Hardware6.5%
  6. Insurance5.8%
+ 12 more

Largest sectors of JREE

  1. Banks17.3%
  2. General Industry13.7%
  3. Healthcare12.0%
  4. Consumer Non-Durables7.3%
  5. Technology - Semis & Hardware6.5%
  6. Insurance5.8%
+ 12 more

Largest countries of JRED

  1. United Kingdom24.2%
  2. France17.2%
  3. Germany15.7%
  4. Switzerland12.3%
  5. Netherlands9.1%
  6. Spain5.5%
+ 7 more

Largest countries of JREE

  1. United Kingdom24.2%
  2. France17.2%
  3. Germany15.7%
  4. Switzerland12.3%
  5. Netherlands9.1%
  6. Spain5.5%
+ 7 more

Frequently asked questions

What is the difference between JRED and JREE?

JRED (JPM Europe Research Enhanced Index Equity Active UCITS ETF - EUR (dist), IE000WGK3YY5) and JREE (JPM Europe Research Enhanced Index Equity Active UCITS ETF - EUR (acc), IE00BF4G7183) both track the MSCI Europe index. JREE has the lower total expense ratio (TER): 0.24% a year against 0.26% for JRED, 0.02 percentage points less, or about 2 a year on 10,000 invested. JREE reinvests its income (accumulating), while JRED pays it out (distributing). Both are domiciled in Ireland. This is a factual comparison from the fund houses' documents, not investment advice.

Which is cheaper, JRED or JREE?

JREE has the lower total expense ratio (TER): 0.24% a year against 0.26% for JRED, 0.02 percentage points less, or about 2 a year on 10,000 invested. Their key information documents state ongoing charges of 0.26% for JRED and 0.24% for JREE.

Which is bigger, JRED or JREE?

JRED reports EUR 2.9bn in assets and JREE EUR 2.9bn.

Do JRED and JREE hold the same companies?

50 of the holdings published by JRED (top 50) and JREE (top 50) appear in both lists; measured on those published positions only, the overlap is at least 66.4%. Shared holdings include ASML HOLDING NV /EUR/, SIEMENS AG-REG /EUR/, HSBC HOLDINGS PLC /GBP/, ASTRAZENECA PLC /GBP/ and ALLIANZ SE REGISTERED /EUR/.

How did JRED and JREE perform in 2025?

In 2025, JRED returned +19.4% and JREE +19.5%, a gap of 0.1 percentage points. Over 3 years, JRED returned +14.9% a year and JREE +14.9% a year. Over the past year, JRED returned +22.8% and JREE +22.8%. Past performance does not predict future returns.

Are JRED and JREE accumulating or distributing?

JRED is distributing: it pays its income out to investors. JREE is accumulating: it reinvests its income in the fund.

Go further

Figures are read from the documents each fund house publishes (product page, factsheet, key information document, holdings file) and refreshed weekly. Names and tickers identify the products; FundFacts API is independent of every fund house and index provider. This comparison is factual information, not investment advice or a recommendation to buy or sell either fund.