- Issuer
- JPMorgan
- Inception Date
- Apr 25, 2019
- Region
- North America (United States)
- Category
- Government Bonds
- Leveraged
- 1x (No leverage)
- Index Tracked
- J.P. Morgan Government Bond Index United States
- Domicile
- Ireland
- Distribution Policy
- Accumulating
- Asset Class
- Bond
Share Price Chart
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Performance
BBTR.L Performance Chart
JPM BetaBuilders US Treasury Bond UCITS ETF - USD (acc) (BBTR.L) is down 0.5% since the beginning of the year. BBTR.L is currently trading at $107 per share. Investors who bought $1,000 worth of BBTR.L shares 5 years ago would now be looking at an investment worth $956.
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Returns By Period
JPM BetaBuilders US Treasury Bond UCITS ETF - USD (acc) (BBTR.L) has returned -0.46% so far this year and 3.52% over the past 12 months.
JPM BetaBuilders US Treasury Bond UCITS ETF - USD (acc)
- 1D
- 0.30%
- 1M
- -0.33%
- 6M
- -0.53%
- YTD
- -0.46%
- 1Y
- 3.52%
- 3Y*
- 2.77%
- 5Y*
- -0.89%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 0.38%
- 1M
- 0.24%
- 6M
- 9.32%
- YTD
- 10.62%
- 1Y
- 21.28%
- 3Y*
- 18.90%
- 5Y*
- 11.84%
- 10Y*
- 13.36%
BBTR.L Monthly Returns History
Based on dividend-adjusted daily data since May 3, 2019, BBTR.L's average daily return is 0.00%, while the average monthly return is +0.09%. At this rate, an investment would double in approximately 64.2 years.
Historically, 53% of months were positive and 47% were negative. The best month was Nov 2023 with a return of +3.6%, while the worst month was Sep 2022 at -3.6%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 7 months.
On a daily basis, BBTR.L closed higher 51% of trading days. The best single day was Feb 26, 2020 with a return of +3.8%, while the worst single day was Feb 27, 2020 at -3.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.30% | 1.82% | -1.84% | 0.04% | 0.10% | 0.45% | -0.69% | -0.46% | |||||
| 2025 | 0.50% | 1.89% | 0.30% | 0.69% | -1.26% | 1.22% | -0.09% | 0.80% | 1.10% | 0.54% | 0.55% | -0.07% | 6.32% |
| 2024 | -0.25% | -1.27% | 0.61% | -2.37% | 1.30% | 1.40% | 1.67% | 1.88% | 0.99% | -2.56% | 0.70% | -1.36% | 0.61% |
| 2023 | 2.36% | -2.41% | 2.81% | 0.74% | -1.30% | -0.68% | -0.41% | -0.54% | -2.35% | -1.25% | 3.62% | 3.30% | 3.69% |
| 2022 | -1.93% | -0.92% | -2.85% | -3.31% | -0.03% | -0.74% | 1.84% | -2.51% | -3.57% | -1.82% | 2.01% | 0.27% | -12.92% |
| 2021 | -0.99% | -2.73% | -0.74% | 0.55% | 0.33% | 0.92% | 1.38% | -0.19% | -1.32% | 0.11% | 0.75% | -0.51% | -2.48% |
Benchmark Metrics
JPM BetaBuilders US Treasury Bond UCITS ETF - USD (acc) has an annualized alpha of 1.90%, beta of -0.02, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since May 03, 2019.
- This ETF participated in 9.52% of S&P 500 Index downside but only 7.41% of its upside - more exposed to losses than it benefited from rallies.
- Beta of -0.02 may look defensive, but with R2 of 0.00 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 0.00 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 1.90%
- Beta
- -0.02
- R²
- 0.00
- Upside Capture
- 7.41%
- Downside Capture
- 9.52%
Expense Ratio
BBTR.L has an expense ratio of 0.07%, which is considered low.
Return for Risk
Risk / Return Rank
BBTR.L ranks 27 for risk / return — below 27% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for JPM BetaBuilders US Treasury Bond UCITS ETF - USD (acc) (BBTR.L) 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.
| BBTR.L | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.82 | ||
| Sortino ratioReturn per unit of downside risk | -1.02 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.31 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 1.04 | 2.35 | -1.31 |
| Martin ratioReturn relative to average drawdown | 2.86 | 10.19 | -7.33 |
Dividends
Dividend History
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 JPM BetaBuilders US Treasury Bond UCITS ETF - USD (acc). 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 JPM BetaBuilders US Treasury Bond UCITS ETF - USD (acc) was 20.19%, occurring on Oct 19, 2023. The portfolio has not yet recovered.
The current JPM BetaBuilders US Treasury Bond UCITS ETF - USD (acc) drawdown is 8.35%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-20.19%Oct 2023 | 3y 2mo | — | 5y 11moAug 2020 - now | — |
-3.98%Mar 2020 | 9d | 15d | 24dMar 2020 - Apr 2020 | COVID crash2020 |
-3.29%Feb 2020 | 0s | 8d | 8dFeb 2020 - Mar 2020 | COVID crash2020 |
-2.91%Nov 2019 | 2mo 8d | 2mo 20d | 4mo 28dSep 2019 - Jan 2020 | — |
-2.87%Jun 2020 | 1mo 14d | 1mo 22d | 3mo 6dApr 2020 - Jul 2020 | — |
Drawdown Indicators
| BBTR.L | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.19% | -56.78% | +36.59% |
Max Drawdown (1Y)Largest decline over 1 year | -3.14% | -9.10% | +5.96% |
Max Drawdown (3Y)Largest decline over 3 years | -5.66% | -18.90% | +13.24% |
Max Drawdown (5Y)Largest decline over 5 years | -17.54% | -25.43% | +7.89% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -8.35% | -0.49% | -7.86% |
Average DrawdownAverage peak-to-trough decline | -8.97% | -10.70% | +1.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.15% | 2.09% | -0.94% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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