AAEQ vs. BBUS

Last updated Jun 25, 2026

AAEQ (Alpha Architect US Equity 2 ETF) and BBUS (JPMorgan BetaBuilders U.S. Equity ETF) are both Large Cap Blend Equities funds. AAEQ is actively managed, while BBUS is passively managed. With a 0.99 correlation, they move nearly in lockstep. AAEQ charges 0.15%/yr vs 0.02%/yr for BBUS.

Performance

AAEQ vs. BBUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Alpha Architect US Equity 2 ETF (AAEQ) and JPMorgan BetaBuilders U.S. Equity ETF (BBUS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AAEQ achieves a 5.63% return, which is significantly lower than BBUS's 7.68% return.

AAEQ

• 1D: -0.33%
• 1M: -2.12%
• YTD: 5.63%
• 6M: 3.92%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BBUS

• 1D: -0.15%
• 1M: -1.43%
• YTD: 7.68%
• 6M: 6.38%
• 1Y: 21.54%
• 3Y*: 20.74%
• 5Y*: 12.46%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AAEQ vs. BBUS - Yearly Performance Comparison

	2026 (YTD)	2025
AAEQ Alpha Architect US Equity 2 ETF	5.63%	-1.11%
BBUS JPMorgan BetaBuilders U.S. Equity ETF	7.68%	0.07%

Correlation

The correlation between AAEQ and BBUS is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 10, 2025	0.99

AAEQ vs. BBUS - Sectors Allocation Comparison

Sectors	AAEQ	BBUS
Technology	40.5%	38.1%
Communication Services	12.2%	10.0%
Financial Services	11.6%	11.2%
Consumer Cyclical	9.1%	9.1%
Healthcare	9.0%	8.0%
Industrials	6.1%	7.4%
Consumer Defensive	4.5%	4.4%
Energy	2.9%	3.0%
Real Estate	1.6%	1.7%
Utilities	1.5%	2.6%
Basic Materials	1.1%	1.2%

Return for Risk

AAEQ vs. BBUS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AAEQ

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

BBUS

BBUS Risk / Return Rank: 57
BBUS Sharpe Ratio Rank: 58
BBUS Sortino Ratio Rank: 55
BBUS Omega Ratio Rank: 56
BBUS Calmar Ratio Rank: 53
BBUS Martin Ratio Rank: 64

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AAEQ vs. BBUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alpha Architect US Equity 2 ETF (AAEQ) and JPMorgan BetaBuilders U.S. Equity ETF (BBUS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

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.

	AAEQ	BBUS	Difference
Sharpe ratio: Return per unit of total volatility	—	1.73	—
Sortino ratio: Return per unit of downside risk	—	2.37	—
Omega ratio: Gain probability vs. loss probability	—	1.31	—
Calmar ratio: Return relative to maximum drawdown	—	2.35	—
Martin ratio: Return relative to average drawdown	—	10.33	—

Drawdowns

AAEQ vs. BBUS - Drawdown Comparison

The maximum AAEQ drawdown since its inception was -10.26%, smaller than the maximum BBUS drawdown of -35.35%. Use the drawdown chart below to compare losses from any high point for AAEQ and BBUS.

Drawdown Indicators

	AAEQ	BBUS	Difference
Max Drawdown Largest peak-to-trough decline	-10.26%	-35.35%	+25.09%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.21%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-19.01%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.46%	—
Current Drawdown Current decline from peak	-3.75%	-3.37%	-0.38%
Average Drawdown Average peak-to-trough decline	-2.44%	-5.43%	+2.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.09%	—

Volatility

Volatility by Period

	AAEQ	BBUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.89%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.87%	—
Volatility (1Y) Calculated over the trailing 1-year period	14.27%	12.53%	+1.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.27%	17.13%	-2.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.27%	19.59%	-5.32%

AAEQ vs. BBUS - Expense Ratio Comparison

AAEQ has a 0.15% expense ratio, which is higher than BBUS's 0.02% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

AAEQ vs. BBUS - Dividend Comparison

AAEQ's dividend yield for the trailing twelve months is around 0.09%, less than BBUS's 1.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
AAEQ Alpha Architect US Equity 2 ETF	0.09%	0.10%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
BBUS JPMorgan BetaBuilders U.S. Equity ETF	1.03%	1.07%	1.21%	1.38%	1.57%	1.11%	1.43%	1.37%

Frequently Asked Questions

Can I hold both AAEQ and BBUS in my portfolio?

With a correlation of 0.99, AAEQ and BBUS move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, AAEQ or BBUS?

On fees, BBUS is cheaper at 0.02% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AAEQ or BBUS?

BBUS is cheaper with a 0.02% expense ratio, compared with 0.15% for AAEQ.

Which ETF pays a higher dividend yield, AAEQ or BBUS?

BBUS has the higher dividend yield at 1.03%, compared with 0.09% for AAEQ.

What is the main difference between AAEQ and BBUS?

They also come from different issuers: Alpha Architect and JPMorgan. Their fees differ too: 0.15% for AAEQ and 0.02% for BBUS.