# Europe Res. Enh. In. Eq. Active Dist (JRDE)

**Page:** https://fundology.uk/fund/jrde · ISIN IE000WGK3YY5

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 13/11/2026, JRDE (Europe Res. Enh. In. Eq. Active Dist, ISIN IE000WGK3YY5) closed at £43.55 on the London Stock Exchange. Its ongoing charge is 0.25% a year (about £25 on £10,000). Over the five years to 13/11/2026 its total return was +38.8%, or +8.4% after UK CPIH inflation.

## Summary

JPMorgan ETFs (IE) ICAV - Europe Res. Enh. In. Eq. Active Dist is an exchange-traded fund (ETF) from JPMorgan, launched in 2021. It tracks the No Underlying Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.25% a year — about £25 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year.

Latest close: **£43.55** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | JRDE |
| ISIN | IE000WGK3YY5 |
| Also listed as | JERD (London Stock Exchange, US dollars), JRED (London Stock Exchange, euros) |
| Category | European shares |
| Type | ETF |
| Provider | JPMorgan |
| Income | Distributing |
| Ongoing charge | 0.25% a year (£25 per £10,000) |
| Fund size | £100m |
| Launched | 2021 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 15/09/2021 |

## Past returns (periods to 13/11/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +11.75% | +7.79% | income reinvested |
| 3 years | +52.14% | +37.45% | income reinvested |
| 5 years | +38.83% | +8.36% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of JPMorgan ETFs (IE) ICAV - Europe Res. Enh. In. Eq. Active Dist in pounds (price only, income paid out not included): 2022 −6.8%, 2023 +13.1%, 2024 0.0%, 2025 +22.7%; 2026 to 13/11/2026 +7.3%. Returns of JPMorgan ETFs (IE) ICAV - Europe Res. Enh. In. Eq. Active Dist in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +10.5%; to 30/09/2025: +10.7%; to 30/09/2024: +12.6%; to 30/09/2023: +17.3%; to 30/09/2022: −9.4%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -6.8% | -14.7% | Price |
| 2023 | +13.1% | +8.6% | Price |
| 2024 | -0.0% | -3.4% | Price |
| 2025 | +22.7% | +18.5% | Price |
| 2026 to 13/11/2026 | +7.3% | +3.9% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 13.86% | -10.94% |
| 3 years | 12.34% | -10.94% |
| 5 years | 13.74% | -16.71% |

## Largest fall

Volatility of JPMorgan ETFs (IE) ICAV - Europe Res. Enh. In. Eq. Active Dist in pounds, annualised from weekly returns to 13/11/2026: 13.9% over 1 year, 12.3% over 3 years, 13.7% over 5 years. Largest fall in the price of JPMorgan ETFs (IE) ICAV - Europe Res. Enh. In. Eq. Active Dist since November 2021, in pounds: −16.3% from 31/12/2021 to 14/10/2022. The lowest 12-month return of JPMorgan ETFs (IE) ICAV - Europe Res. Enh. In. Eq. Active Dist in pounds (price only, income paid out not included) since September 2021 was −12.3% (12 months to 14/10/2022); the highest was +26.0% (12 months to 10/04/2026). On 13/11/2026 the price of JPMorgan ETFs (IE) ICAV - Europe Res. Enh. In. Eq. Active Dist was 2.3% below its highest weekly close since November 2021 (03/07/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of JPMorgan ETFs (IE) ICAV - Europe Res. Enh. In. Eq. Active Dist 0.25% a year. Compared on 14/11/2026, 88 of the 242 other European share funds charge more, 24 the same and 130 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.25%** per year
- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## What it holds

As of 13/11/2026, JRDE holds 154 positions, according to its published holdings. The largest is ASML at 4.57% of the fund; the ten largest make up 24.0%.

### Top holdings

Largest positions (as of 13/11/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | ASML | [ASML](https://fundology.uk/stock/ASML) | 4.57% |
| 2 | AstraZeneca | [AZN](https://fundology.uk/stock/AZN) | 2.44% |
| 3 | Nestle | [NESN](https://fundology.uk/stock/NESN) | 2.36% |
| 4 | Siemens | [SIE](https://fundology.uk/stock/SIE) | 2.30% |
| 5 | Allianz | [ALV](https://fundology.uk/stock/ALV) | 2.27% |
| 6 | Roche | [RO](https://fundology.uk/stock/RO) | 2.25% |
| 7 | HSBC | [HSBA](https://fundology.uk/stock/HSBA) | 2.09% |
| 8 | Novartis | [NOVN](https://fundology.uk/stock/NOVN) | 2.03% |
| 9 | Shell | [SHEL](https://fundology.uk/stock/SHEL) | 1.94% |
| 10 | Banco Santander | [SAN](https://fundology.uk/stock/SAN) | 1.75% |

## Where it invests

Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.

### By sector

As published for the fund, as of 06/11/2026.

| Sector | Weight |
|---|---|
| Banks | 17.6% |
| General Industry | 13.7% |
| Health Care | 11.9% |
| Consumer Non-Durables | 7.1% |
| Technology - Semi & Hardware | 7.1% |
| Insurance | 5.6% |
| Utilities | 5.4% |
| Oil | 4.9% |
| Other sectors | 26.6% |

### By country

Added up from the fund’s published holdings, as of 06/11/2026.

| Country | Weight |
|---|---|
| United Kingdom | 24.0% |
| France | 16.2% |
| Germany | 15.1% |
| Switzerland | 13.5% |
| Netherlands | 9.7% |
| Spain | 5.2% |
| Italy | 4.1% |
| Denmark | 3.6% |
| Other countries | 7.9% |
| Not classified | 0.7% |

### By type of asset

Added up from the fund’s published holdings, as of 06/11/2026.

| Type of asset | Weight |
|---|---|
| Equity | 99.3% |
| Cash and money market | 0.7% |

All 154 holdings: https://fundology.uk/fund/jrde/holdings

## Questions people ask

**What is the ongoing charge of JRDE?**

The ongoing charge of JRDE is 0.25% a year — about £25 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of JPMorgan ETFs (IE) ICAV - Europe Res. Enh. In. Eq. Active Dist 0.25% a year. Compared on 14/11/2026, 88 of the 242 other European share funds charge more, 24 the same and 130 less (share classes counted once).

**Is JRDE accumulating or distributing?**

JRDE is distributing: income is paid out to holders as cash, usually a few times a year. It pays out quarterly.

**What is the ISIN of JRDE?**

The ISIN of JRDE is IE000WGK3YY5. An ISIN identifies one exact share class of a fund; JRDE is its ticker on the London Stock Exchange. The same share class is also listed as JERD (London Stock Exchange, US dollars) and JRED (London Stock Exchange, euros).

**What does JRDE hold?**

As of 13/11/2026, JRDE holds 154 positions, according to its published holdings. The largest is ASML at 4.57% of the fund; the ten largest make up 24.0%. Its ten largest holdings are ASML (4.57%), AstraZeneca (2.44%), Nestle (2.36%), Siemens (2.30%), Allianz (2.27%), Roche (2.25%), HSBC (2.09%), Novartis (2.03%), Shell (1.94%) and Banco Santander (1.75%).

**What were JRDE’s returns in each of the last five years?**

Calendar-year returns of JRDE in pounds (price only, income paid out not included): 2022 −6.8%, 2023 +13.1%, 2024 0.0%, 2025 +22.7%; 2026 to 13/11/2026 +7.3%. Past performance is not a guide to future returns.

**How has JRDE done after inflation?**

Over the five years to 13/11/2026 JRDE’s total return was +38.8%, or +8.4% after UK CPIH inflation. Past performance is not a guide to future returns.

## Fund documents

- [Fund page at J.P. Morgan Asset Management](https://am.jpmorgan.com/gb/en/asset-management/per/products/jpm-europe-research-enhanced-index-equity-active-ucits-etf-eur-dist-ie000wgk3yy5)
- [Key investor information document (KIID)](https://wl.fundsquare.net/serv/down-doc/request?cdClient=jpmorgan&isin=IE000WGK3YY5&docTypeCode=KIID&docLang=EN&docCountry=GB)
- Links checked 12/10/2026.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.