BB3M.L vs. FLOS.L
BB3M.L (JPM BetaBuilders US Treasury Bond 0-3 Months UCITS ETF USD Acc USD) and FLOS.L (iShares $ Floating Rate Bond UCITS ETF GBP Hedged (Dist)) are both Ultrashort Bond funds. BB3M.L is actively managed, while FLOS.L is passively managed. Over the past 5 years, BB3M.L returned 3.54%/yr vs 3.66%/yr for FLOS.L. At a 0.06 correlation, their price movements are largely independent. BB3M.L charges 0.07%/yr vs 0.12%/yr for FLOS.L.
Performance
BB3M.L vs. FLOS.L - Performance Comparison
Loading charts...
Different Trading Currencies
BB3M.L is traded in USD, while FLOS.L is traded in GBp. To make them comparable, the FLOS.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, BB3M.L achieves a 1.82% return, which is significantly lower than FLOS.L's 2.91% return.
BB3M.L
- 1D
- 0.07%
- 1M
- 0.32%
- 6M
- 1.82%
- YTD
- 1.82%
- 1Y
- 3.90%
- 3Y*
- 4.61%
- 5Y*
- 3.54%
- 10Y*
- —
FLOS.L
- 1D
- 0.00%
- 1M
- 1.17%
- 6M
- 2.88%
- YTD
- 2.91%
- 1Y
- 5.80%
- 3Y*
- 6.62%
- 5Y*
- 3.66%
- 10Y*
- —
BB3M.L vs. FLOS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
BB3M.L JPM BetaBuilders US Treasury Bond 0-3 Months UCITS ETF USD Acc USD | 1.82% | 4.28% | 5.24% | 4.94% | 1.46% | -0.02% |
FLOS.L iShares $ Floating Rate Bond UCITS ETF GBP Hedged (Dist) | 2.91% | 12.69% | 4.47% | 11.59% | -9.95% | -3.70% |
Correlation
The correlation between BB3M.L and FLOS.L is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Feb 23, 2021 | 0.06 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BB3M.L vs. FLOS.L — Risk / Return Rank
BB3M.L
FLOS.L
BB3M.L vs. FLOS.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPM BetaBuilders US Treasury Bond 0-3 Months UCITS ETF USD Acc USD (BB3M.L) and iShares $ Floating Rate Bond UCITS ETF GBP Hedged (Dist) (FLOS.L). 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.
| BB3M.L | FLOS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.09 | ||
| Sortino ratioReturn per unit of downside risk | +7.15 | ||
| Omega ratioGain probability vs. loss probability | 2.19 | 1.14 | +1.05 |
| Calmar ratioReturn relative to maximum drawdown | 28.58 | 1.20 | +27.38 |
| Martin ratioReturn relative to average drawdown | 103.46 | 2.80 | +100.66 |
Loading charts...
Drawdowns
BB3M.L vs. FLOS.L - Drawdown Comparison
The maximum BB3M.L drawdown since its inception was -1.19%, smaller than the maximum FLOS.L drawdown of -30.24%. Use the drawdown chart below to compare losses from any high point for BB3M.L and FLOS.L.
Loading charts...
Drawdown Indicators
| BB3M.L | FLOS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.19% | -30.24% | +29.05% |
Max Drawdown (1Y)Largest decline over 1 year | -0.14% | -4.48% | +4.34% |
Max Drawdown (3Y)Largest decline over 3 years | -0.23% | -7.75% | +7.52% |
Max Drawdown (5Y)Largest decline over 5 years | -1.19% | -23.39% | +22.20% |
Current DrawdownCurrent decline from peak | -0.00% | -0.36% | +0.36% |
Average DrawdownAverage peak-to-trough decline | -0.03% | -6.48% | +6.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.04% | 1.93% | -1.89% |
Volatility
BB3M.L vs. FLOS.L - Volatility Comparison
The current volatility for JPM BetaBuilders US Treasury Bond 0-3 Months UCITS ETF USD Acc USD (BB3M.L) is 0.24%, while iShares $ Floating Rate Bond UCITS ETF GBP Hedged (Dist) (FLOS.L) has a volatility of 1.58%. This indicates that BB3M.L experiences smaller price fluctuations and is considered to be less risky than FLOS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BB3M.L | FLOS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.24% | 1.58% | -1.34% |
Volatility (6M)Calculated over the trailing 6-month period | 0.61% | 5.21% | -4.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.80% | 6.78% | -5.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.99% | 8.72% | -7.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.96% | 9.62% | -8.66% |
BB3M.L vs. FLOS.L - Expense Ratio Comparison
BB3M.L has a 0.07% expense ratio, which is lower than FLOS.L's 0.12% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
BB3M.L vs. FLOS.L - Dividend Comparison
BB3M.L has not paid dividends to shareholders, while FLOS.L's dividend yield for the trailing twelve months is around 4.68%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
BB3M.L JPM BetaBuilders US Treasury Bond 0-3 Months UCITS ETF USD Acc USD | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FLOS.L iShares $ Floating Rate Bond UCITS ETF GBP Hedged (Dist) | 4.68% | 5.02% | 5.93% | 5.46% | 1.50% | 0.57% | 1.62% | 2.95% | 2.27% |
Frequently Asked Questions
BB3M.L and FLOS.L have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BB3M.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BB3M.L is cheaper with a 0.07% expense ratio, compared with 0.12% for FLOS.L.
They also come from different issuers: JPMorgan and iShares. Their fees differ too: 0.07% for BB3M.L and 0.12% for FLOS.L.
Find the right allocation for BB3M.L and FLOS.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer