ETF · JPMorgan
JRZE Europe Res Enh Idx Eq Act UCITS ETF Accum EUR
ISIN IE00004PGEY9London Stock Exchange: JRZEJPMorgan Chase & Co.
- European shares
- ETF
- ISA
- SIPP
- Accumulating
Latest close
LSE£38.69
on
- Ongoing charge
- 0.25% a year
- Fund size
- £470m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, JRZE (Europe Res Enh Idx Eq Act UCITS ETF Accum EUR, ISIN IE00004PGEY9) closed at £38.69 on the London Stock Exchange. Its ongoing charge is 0.25% a year (about £25 on £10,000). Over the three years to 13/11/2026 its price changed by +59.2%, or +43.9% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +12.1%
- +8.1% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +59.2%
- +43.9% after inflation (UK CPIH)
Returns: as reported (delayed data) and worked out from recorded daily closes. Inflation: UK CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of JPM ETF IRE ICAV - Europe Res Enh Idx Eq Act UCITS ETF Accum EUR in pounds (price, with income reinvested in the fund): 2023 +17.8%, 2024 +3.1%, 2025 +31.2%; 2026 to 13/11/2026 +9.0%. Returns of JPM ETF IRE ICAV - Europe Res Enh Idx Eq Act UCITS ETF Accum EUR in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +13.7%; to 30/09/2025: +19.6%; to 30/09/2024: +18.0%; to 30/09/2023: +23.4%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +9.0% | +5.6% | |
| to | +31.2% | +26.7% | |
| to | +3.1% | −0.4% | |
| +17.8% | +13.1% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +13.7% | +9.7% |
| from | +19.6% | +14.9% |
| from | +18.0% | +15.0% |
| from | +23.4% | +16.0% |
As of , inflation: UK CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
14.0%over 3 years
| 1 year | 15.6% |
|---|---|
| 3 years | 14.0% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since May 2022
- −11.3%
- From to
- Lowest 12-month return
- +0.2%
- 12 months to
- Highest 12-month return
- +31.2%
- 12 months to
- Below its highest weekly close since May 2022
- 3.9%
- High of , latest
In words: Volatility of JPM ETF IRE ICAV - Europe Res Enh Idx Eq Act UCITS ETF Accum EUR in pounds, annualised from weekly returns to 13/11/2026: 15.6% over 1 year, 14.0% over 3 years. Largest fall in the price of JPM ETF IRE ICAV - Europe Res Enh Idx Eq Act UCITS ETF Accum EUR since May 2022, in pounds: −11.3% from 27/05/2022 to 14/10/2022. The lowest 12-month return of JPM ETF IRE ICAV - Europe Res Enh Idx Eq Act UCITS ETF Accum EUR in pounds (price, with income reinvested in the fund) since May 2022 was +0.2% (12 months to 04/04/2025); the highest was +31.2% (12 months to 02/01/2026). On 13/11/2026 the price of JPM ETF IRE ICAV - Europe Res Enh Idx Eq Act UCITS ETF Accum EUR was 3.9% below its highest weekly close since May 2022 (14/08/2026), in pounds.
As of , price, with income reinvested in the fund
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.25%
- a year
- On £10,000
- £25
- a year, roughly
- Over five years
- £124
- of £10,000, before growth
- 130 charge less
- 24 the same
- 88 charge more
Ongoing charge of JPM ETF IRE ICAV - Europe Res Enh Idx Eq Act UCITS ETF Accum EUR 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).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
As of
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
JPM ETF IRE ICAV - Europe Res Enh Idx Eq Act UCITS ETF Accum EUR is an exchange-traded fund (ETF) from JPMorgan, launched in 2022.
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 reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
European shares: Companies across Europe. Some funds include the UK and some leave it out — the fund name says which.
Key facts
- Ticker
- JRZE
- ISIN
- IE00004PGEY9
- Also listed as
- JREZ (London Stock Exchange, euros)
- Provider
- JPMorgan
- Tracks
- No index — the manager chooses the holdings
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Accumulating
- Income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
- Ongoing charge
- 0.25% a year · about £25 on £10,000
- Fund size
- £470m
- Launched
- Domicile
- Ireland
- UK reporting fund status
- Yes — on HMRC’s list of reporting funds (list of )
- Reporting fund since . What reporting fund status means
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- No
- Price currency
- Pounds (GBP)
- Category
- European shares
Price chart
Over the last year, the closing price went from £34.75 on 14/11/2025 to £38.69 on 13/11/2026 (+11.4%). The lowest close shown was £33.88 on 20/03/2026 and the highest £40.25 on 14/08/2026.
One close a week. Before 02/09/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded.
As of , at least 15 min delayed
Five years of prices, and after inflation
236 weekly closes, from 06/05/2022 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
What it holds
- Holdings
- 110
- on record
- Ten largest
- 34.6%
- of the whole fund
- Effective number of holdings
- 47
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 7.8%
- ASML
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | ASMLASMLNetherlands | 7.79% |
| 2 | SiemensSIEGermany | 3.85% |
| 3 | AllianzALVGermany | 3.56% |
| 4 | TotalEnergiesTTEFrance | 3.15% |
| 5 | SAPSAPGermany | 3.02% |
| 6 | Banco SantanderSANSpain | 2.96% |
| 7 | IberdrolaIBESpain | 2.79% |
| 8 | Air LiquideAIFrance | 2.67% |
| 9 | UniCreditUCGItaly | 2.52% |
| 10 | SafranSAFFrance | 2.25% |
As of , holdings as published
Where it invests
The portfolio by sector, country and type of asset, as a share of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.
By sector
- Banks17.0%
- General Industry14.5%
- Technology - Semis & Hardware11.0%
- Insurance7.7%
- Utilities7.2%
- Health Care6.1%
- Retail5.1%
- Technology - Software4.8%
- Other sectors26.6%
By country
- France28.4%
- Germany28.1%
- Netherlands18.3%
- Spain9.8%
- Italy8.2%
- Belgium2.3%
- Ireland2.0%
- Finland1.4%
- Other countries0.6%
- Not classified1.0%
By type of asset
- Equity99.0%
- Cash and money market1.0%
See the full portfolio
Every holding with search and filters, the whole breakdown by sector, country and type of asset, a map of the 100 largest and what changed since .
More of the portfolio
The fund publishes 110 holdings; the ten largest make up 34.6% of it. The fund's portfolio is also split by currency.
Create a free account to see the full holdings list and the currency, maturity and credit-quality breakdowns
Sign-up takes an email address. There is no card to enter and nothing to pay.
Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1 and 3 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 184 rolling 12-month returns since May 2022, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 3 largest falls since May 2022, in pounds, with how many weeks each took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios, every rolling return and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Rank among similar funds
Rank by total return over 1 year among up to 210 European share funds, not currency-hedged, highest first.
ProMoves compared with a similar fund
Correlation and beta of weekly returns in pounds against iShares Core MSCI Europe UCITS ETF EUR (Acc), over the three years to 13/11/2026 (127 weeks).
Pro
Pro — currently by invitation
Pro includes the rank among similar funds and moves against a comparable fund
Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].
Questions people ask
What is the ongoing charge of JRZE?
The ongoing charge of JRZE 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 JPM ETF IRE ICAV - Europe Res Enh Idx Eq Act UCITS ETF Accum EUR 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 JRZE accumulating or distributing?
JRZE is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
What is the ISIN of JRZE?
The ISIN of JRZE is IE00004PGEY9. An ISIN identifies one exact share class of a fund; JRZE is its ticker on the London Stock Exchange. The same share class is also listed as JREZ (London Stock Exchange, euros).
What does JRZE hold?
As of 13/11/2026, JRZE holds 110 positions, according to its published holdings. The largest is ASML at 7.79% of the fund; the ten largest make up 34.6%. Its ten largest holdings are ASML (7.79%), Siemens (3.85%), Allianz (3.56%), TotalEnergies (3.15%), SAP (3.02%), Banco Santander (2.96%), Iberdrola (2.79%), Air Liquide (2.67%), UniCredit (2.52%) and Safran (2.25%).
What were JRZE’s returns in each of the last five years?
Calendar-year returns of JRZE in pounds (price, with income reinvested in the fund): 2023 +17.8%, 2024 +3.1%, 2025 +31.2%; 2026 to 13/11/2026 +9.0%. Past performance is not a guide to future returns.
How has JRZE done after inflation?
Over the three years to 13/11/2026 JRZE’s price changed by +59.2%, or +43.9% after UK CPIH inflation. Past performance is not a guide to future returns.
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Fund documents and methods
- Fund documents
- Fund page at J.P. Morgan Asset Management · Key investor information document (KIID) (links checked )
Methodology:ReturnsCategoriesAll methods
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