ALRG vs. BBUS

Last updated Jun 24, 2026

ALRG (Allspring LT Large Core ETF) and BBUS (JPMorgan BetaBuilders U.S. Equity ETF) are both Large Cap Blend Equities funds. ALRG is actively managed, while BBUS is passively managed. With a 0.96 correlation, they move nearly in lockstep. ALRG charges 0.28%/yr vs 0.02%/yr for BBUS.

Performance

ALRG vs. BBUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Allspring LT Large Core ETF (ALRG) 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, ALRG achieves a 5.94% return, which is significantly lower than BBUS's 7.57% return.

ALRG

• 1D: -0.97%
• 1M: -2.19%
• YTD: 5.94%
• 6M: 5.47%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BBUS

• 1D: -1.68%
• 1M: -1.53%
• YTD: 7.57%
• 6M: 6.62%
• 1Y: 22.78%
• 3Y*: 20.70%
• 5Y*: 12.52%
• 10Y*: —

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

ALRG vs. BBUS - Yearly Performance Comparison

	2026 (YTD)	2025
ALRG Allspring LT Large Core ETF	5.94%	11.78%
BBUS JPMorgan BetaBuilders U.S. Equity ETF	7.57%	10.31%

Correlation

The correlation between ALRG and BBUS is 0.96 - 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 Jul 8, 2025	0.96

ALRG vs. BBUS - Sectors Allocation Comparison

Sectors	ALRG	BBUS
Technology	33.5%	38.1%
Financial Services	13.1%	11.2%
Industrials	11.1%	7.4%
Communication Services	10.1%	10.0%
Consumer Cyclical	9.4%	9.1%
Healthcare	6.2%	8.0%
Energy	2.4%	3.0%
Consumer Defensive	2.4%	4.4%
Basic Materials	0.8%	1.2%
Real Estate	-	1.7%
Utilities	-	2.6%

Return for Risk

ALRG vs. BBUS — Risk / Return Rank

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

ALRG

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

BBUS

BBUS Risk / Return Rank: 56
BBUS Sharpe Ratio Rank: 56
BBUS Sortino Ratio Rank: 54
BBUS Omega Ratio Rank: 55
BBUS Calmar Ratio Rank: 52
BBUS Martin Ratio Rank: 63

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.

ALRG vs. BBUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Allspring LT Large Core ETF (ALRG) 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.

	ALRG	BBUS	Difference
Sharpe ratio: Return per unit of total volatility	—	1.82	—
Sortino ratio: Return per unit of downside risk	—	2.48	—
Omega ratio: Gain probability vs. loss probability	—	1.33	—
Calmar ratio: Return relative to maximum drawdown	—	2.49	—
Martin ratio: Return relative to average drawdown	—	10.97	—

Drawdowns

ALRG vs. BBUS - Drawdown Comparison

The maximum ALRG drawdown since its inception was -9.27%, smaller than the maximum BBUS drawdown of -35.35%. Use the drawdown chart below to compare losses from any high point for ALRG and BBUS.

Drawdown Indicators

	ALRG	BBUS	Difference
Max Drawdown Largest peak-to-trough decline	-9.27%	-35.35%	+26.08%
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	-3.79%	-3.47%	-0.32%
Average Drawdown Average peak-to-trough decline	-1.36%	-5.43%	+4.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.08%	—

Volatility

Volatility by Period

	ALRG	BBUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.00%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.95%	—
Volatility (1Y) Calculated over the trailing 1-year period	12.84%	12.59%	+0.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.84%	17.14%	-4.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.84%	19.59%	-6.75%

ALRG vs. BBUS - Expense Ratio Comparison

ALRG has a 0.28% expense ratio, which is higher than BBUS's 0.02% expense ratio.

Dividends

ALRG vs. BBUS - Dividend Comparison

ALRG's dividend yield for the trailing twelve months is around 0.44%, less than BBUS's 1.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
ALRG Allspring LT Large Core ETF	0.44%	0.47%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
BBUS JPMorgan BetaBuilders U.S. Equity ETF	1.01%	1.07%	1.21%	1.38%	1.57%	1.11%	1.43%	1.37%

Frequently Asked Questions

Can I hold both ALRG and BBUS in my portfolio?

With a correlation of 0.96, ALRG 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, ALRG 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, ALRG or BBUS?

BBUS is cheaper with a 0.02% expense ratio, compared with 0.28% for ALRG.

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

BBUS has the higher dividend yield at 1.01%, compared with 0.44% for ALRG.

What is the main difference between ALRG and BBUS?

They also come from different issuers: Allspring and JPMorgan. Their fees differ too: 0.28% for ALRG and 0.02% for BBUS.