Provider against provider

JPMorgan vs Xtrackers

Both providers track indices, so neither "performs" better than the other — what separates them is cost, range and which markets they actually cover. JPMorgan has 7 products in this catalog and Xtrackers has 22, overlapping in 5 categories. Xtrackers offers the cheapest fund in 4 of those 5 categories.

JPMorgan

Products
7
Lowest TER
0.19%
Average TER
0.30%
Categories
6

Xtrackers

Products
22
Lowest TER
0.07%
Average TER
0.21%
Categories
11

Which one is cheaper, and where

Xtrackers offers the cheapest fund in 4 of the 5 categories both cover.

The cheapest fund from each, category by category

Each provider’s lowest-fee product within every shared category, head to head. The index each one tracks is shown too, because two funds in the same category do not always track the same thing.

CategoryJPMorganXtrackersDifference
EmergingJPMorgan Emerging Markets Research Enhanced Index Equity ESGMSCI Emerging Markets (research enhanced)0.35%Xtrackers MSCI Emerging MarketsMSCI Emerging Markets0.18%€17/year per €10,000
EuropeJPMorgan Europe Research Enhanced Index Equity ESGMSCI Europe (research enhanced)0.25%Xtrackers DAXDAX 400.09%€16/year per €10,000
USAJPMorgan US Research Enhanced Index Equity ESGS&P 500 (research enhanced)0.19%Xtrackers S&P 500S&P 5000.07%€12/year per €10,000
GlobalJPMorgan Global Research Enhanced Index Equity ESGMSCI World (research enhanced)0.25%Xtrackers FTSE All-WorldFTSE All-World0.15%€10/year per €10,000
TechnologyJPMorgan Nasdaq Equity Premium IncomeNasdaq-100 + covered calls (income)0.35%Xtrackers Artificial Intelligence and Big DataNasdaq Global Artificial Intelligence and Big Data0.35%Same cost

What each one covers

Structural differences

JPMorgan

Accumulating
57%
Physical replication
100%
Are ETFs
100%
Domicile
Ireland

Xtrackers

Accumulating
86%
Physical replication
91%
Are ETFs
86%
Domicile
Ireland, Luxembourg, Germany, Jersey

Frequently asked questions

Is JPMorgan or Xtrackers cheaper?+

Xtrackers offers the cheapest fund in 4 of the 5 categories both cover, against 0 for JPMorgan. But "cheaper overall" is the wrong question: what matters is which is cheaper in the category you are actually buying.

Where is the difference between JPMorgan and Xtrackers biggest?+

In emerging markets: JPMorgan Emerging Markets Research Enhanced Index Equity ESG charges 0.35% against 0.18% for Xtrackers MSCI Emerging Markets. On €10,000 invested that is a €17.00 difference every year, in favour of Xtrackers.

Which one has the wider range?+

Xtrackers, with 22 products against 7. Coverage is not identical either: JPMorgan covers high-dividend companies where Xtrackers does not; Xtrackers covers sustainable (ESG) criteria, fixed income, gold, the Japanese market, a specific thematic sector, listed real estate where JPMorgan does not.

Are there structural differences beyond fees?+

Yes. JPMorgan's products in this catalog are 57% accumulating and 100% physically replicated, domiciled in Ireland. Xtrackers's are 86% accumulating and 91% physical, domiciled in Ireland, Luxembourg, Germany, Jersey. For a Spanish investor the accumulating/distributing split matters for tax, and domicile matters for dividend withholding.

Does this comparison look at past performance?+

No, deliberately. Two funds tracking the same index deliver almost identical returns before fees, so comparing their past returns tells you about the index, not about the provider. The fee is the part the provider actually controls, and the only one you know for certain the day you invest.

Cost and coverage comparison computed over this site’s catalog, which is a sample and not each provider’s full product range. Returns are not compared: two funds tracking the same index perform almost identically before fees, so past performance tells you about the index, not the provider. Educational content, not a recommendation.

Fund and ETF providers