- ISIN
- US46641Q8785
- Issuer
- JPMorgan
- Inception Date
- Sep 15, 2016
- Region
- North America (U.S.)
- Category
- High Yield Bonds
- Leveraged
- 1x (No leverage)
- Index Tracked
- ICE BofA US High Yield Index
- Distribution Policy
- Distributing
- Asset Class
- Bond
- Assets Under Management
- $616M
Share Price Chart
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Performance
BBHY Performance Chart
JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BBHY) is up 1.9% since the beginning of the year. BBHY is currently trading at $46 per share. Investors who bought $1,000 worth of BBHY shares 5 years ago would now be looking at an investment worth $1,220.
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Returns By Period
JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BBHY) has returned 1.89% so far this year and 6.68% over the past 12 months.
JPMorgan BetaBuilders USD High Yield Corporate Bond ETF
- 1D
- -0.08%
- 1M
- 0.64%
- YTD
- 1.89%
- 6M
- 2.20%
- 1Y
- 6.68%
- 3Y*
- 8.90%
- 5Y*
- 4.05%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
BBHY Monthly Returns History
Based on dividend-adjusted daily data since Sep 15, 2016, BBHY's average daily return is +0.02%, while the average monthly return is +0.42%. At this rate, an investment would double in approximately 13.8 years.
Historically, 66% of months were positive and 34% were negative. The best month was Jul 2022 with a return of +6.8%, while the worst month was Mar 2020 at -12.5%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 4 months.
On a daily basis, BBHY closed higher 51% of trading days. The best single day was Mar 25, 2020 with a return of +4.6%, while the worst single day was Mar 9, 2020 at -4.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.71% | -0.06% | -0.91% | 1.62% | 0.53% | 0.01% | 1.89% | ||||||
| 2025 | 1.32% | 0.88% | -1.10% | 0.09% | 1.57% | 1.80% | 0.20% | 1.26% | 0.98% | 0.02% | 0.67% | 0.54% | 8.51% |
| 2024 | 0.23% | 0.19% | 1.21% | -1.33% | 1.64% | 0.50% | 2.22% | 1.47% | 1.68% | -0.99% | 1.64% | -0.84% | 7.81% |
| 2023 | 3.67% | -1.78% | 1.67% | 0.11% | -0.82% | 1.71% | 1.27% | 0.29% | -1.61% | -0.88% | 4.60% | 3.39% | 11.98% |
| 2022 | -2.84% | -0.93% | -1.12% | -4.44% | 1.89% | -7.03% | 6.83% | -3.95% | -3.86% | 3.29% | 3.65% | -1.49% | -10.37% |
| 2021 | -0.23% | -0.18% | 0.22% | 1.17% | 0.03% | 1.35% | 0.39% | 0.53% | -0.32% | -0.12% | -1.38% | 2.43% | 3.88% |
Benchmark Metrics
JPMorgan BetaBuilders USD High Yield Corporate Bond ETF has an annualized alpha of 0.77%, beta of 0.29, and R2 of 0.50 versus S&P 500 Index. Calculated based on daily prices since September 15, 2016.
- This ETF participated in 40.27% of S&P 500 Index downside but only 30.89% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.29 may look defensive, but with R2 of 0.50 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.50 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 0.77%
- Beta
- 0.29
- R²
- 0.50
- Upside Capture
- 30.89%
- Downside Capture
- 40.27%
Expense Ratio
BBHY has an expense ratio of 0.15%, which is considered low.
Return for Risk
Risk / Return Rank
BBHY ranks 61 for risk / return — better than 61% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BBHY) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BBHY | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.20 | ||
| Sortino ratioReturn per unit of downside risk | +0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.37 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.83 | 2.78 | +0.04 |
| Martin ratioReturn relative to average drawdown | 12.61 | 12.44 | +0.17 |
Dividends
Dividend History
JPMorgan BetaBuilders USD High Yield Corporate Bond ETF provided a 6.92% dividend yield over the last twelve months, with an annual payout of $3.19 per share. The fund has been increasing its distributions for 4 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $3.19 | $3.37 | $3.31 | $2.98 | $2.59 | $2.10 | $2.46 | $2.59 | $2.39 | $2.47 | $0.72 |
Dividend yield | 6.92% | 7.24% | 7.18% | 6.49% | 5.92% | 4.06% | 4.73% | 4.99% | 5.02% | 4.81% | 1.42% |
Monthly Dividends
The table displays the monthly dividend distributions for JPMorgan BetaBuilders USD High Yield Corporate Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.27 | $0.28 | $0.26 | $0.27 | $0.26 | $1.34 | ||||||
| 2025 | $0.00 | $0.25 | $0.29 | $0.38 | $0.35 | $0.25 | $0.20 | $0.28 | $0.29 | $0.27 | $0.28 | $0.53 | $3.37 |
| 2024 | $0.00 | $0.23 | $0.24 | $0.26 | $0.25 | $0.30 | $0.28 | $0.26 | $0.31 | $0.28 | $0.28 | $0.62 | $3.31 |
| 2023 | $0.00 | $0.20 | $0.25 | $0.25 | $0.26 | $0.24 | $0.25 | $0.21 | $0.24 | $0.27 | $0.27 | $0.53 | $2.98 |
| 2022 | $0.00 | $0.18 | $0.19 | $0.32 | $0.19 | $0.20 | $0.26 | $0.20 | $0.21 | $0.21 | $0.20 | $0.44 | $2.59 |
| 2021 | $0.00 | $0.07 | $0.17 | $0.18 | $0.18 | $0.18 | $0.18 | $0.19 | $0.18 | $0.19 | $0.19 | $0.38 | $2.10 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the JPMorgan BetaBuilders USD High Yield Corporate Bond ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the JPMorgan BetaBuilders USD High Yield Corporate Bond ETF was 24.98%, occurring on Mar 23, 2020. Recovery took 93 trading sessions.
The current JPMorgan BetaBuilders USD High Yield Corporate Bond ETF drawdown is 0.14%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -24.98%Mar 2020 | 1mo 1d | 4mo 14d | 5mo 15dFeb 2020 - Aug 2020 |
Bear market2022 | -15.32%Sep 2022 | 9mo 3d | 1y 2mo | 1y 11moDec 2021 - Dec 2023 |
2025 selloff2025 | -5.00%Apr 2025 | 1mo 6d | 1mo 4d | 2mo 10dMar 2025 - May 2025 |
Rate-hike selloffLate 2018 | -4.79%Dec 2018 | 2mo 22d | 25d | 3mo 17dOct 2018 - Jan 2019 |
2018 pullback2018 | -2.75%Mar 2018 | 1mo 26d | 6mo 12d | 8mo 8dJan 2018 - Oct 2018 |
Drawdown Indicators
| BBHY | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.98% | -56.78% | +31.80% |
Max Drawdown (1Y)Largest decline over 1 year | -2.37% | -9.10% | +6.73% |
Max Drawdown (3Y)Largest decline over 3 years | -5.00% | -18.90% | +13.90% |
Max Drawdown (5Y)Largest decline over 5 years | -15.32% | -25.43% | +10.11% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.14% | -1.80% | +1.66% |
Average DrawdownAverage peak-to-trough decline | -2.36% | -10.71% | +8.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.53% | 2.03% | -1.50% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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