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BBAX vs. EMMF
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BBAX and EMMF is 0.70, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.7

Performance

BBAX vs. EMMF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan BetaBuilders Developed Asia ex-Japan ETF (BBAX) and WisdomTree Emerging Markets Multifactor Fund (EMMF). The values are adjusted to include any dividend payments, if applicable.

20.00%25.00%30.00%35.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
25.24%
26.84%
BBAX
EMMF

Key characteristics

Sharpe Ratio

BBAX:

0.34

EMMF:

1.18

Sortino Ratio

BBAX:

0.58

EMMF:

1.65

Omega Ratio

BBAX:

1.07

EMMF:

1.21

Calmar Ratio

BBAX:

0.41

EMMF:

1.75

Martin Ratio

BBAX:

1.39

EMMF:

4.78

Ulcer Index

BBAX:

3.82%

EMMF:

2.83%

Daily Std Dev

BBAX:

15.56%

EMMF:

11.46%

Max Drawdown

BBAX:

-39.64%

EMMF:

-32.55%

Current Drawdown

BBAX:

-10.12%

EMMF:

-6.90%

Returns By Period

In the year-to-date period, BBAX achieves a 1.92% return, which is significantly lower than EMMF's 9.93% return.


BBAX

YTD

1.92%

1M

-5.33%

6M

2.37%

1Y

3.28%

5Y*

3.26%

10Y*

N/A

EMMF

YTD

9.93%

1M

-0.44%

6M

-2.06%

1Y

11.65%

5Y*

6.63%

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


BBAX vs. EMMF - Expense Ratio Comparison

BBAX has a 0.19% expense ratio, which is lower than EMMF's 0.48% expense ratio.


EMMF
WisdomTree Emerging Markets Multifactor Fund
Expense ratio chart for EMMF: current value at 0.48% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.48%
Expense ratio chart for BBAX: current value at 0.19% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.19%

Risk-Adjusted Performance

BBAX vs. EMMF - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders Developed Asia ex-Japan ETF (BBAX) and WisdomTree Emerging Markets Multifactor Fund (EMMF). 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.


Sharpe ratio
The chart of Sharpe ratio for BBAX, currently valued at 0.34, compared to the broader market0.002.004.000.341.18
The chart of Sortino ratio for BBAX, currently valued at 0.58, compared to the broader market-2.000.002.004.006.008.0010.000.581.65
The chart of Omega ratio for BBAX, currently valued at 1.07, compared to the broader market0.501.001.502.002.503.001.071.21
The chart of Calmar ratio for BBAX, currently valued at 0.41, compared to the broader market0.005.0010.0015.000.411.75
The chart of Martin ratio for BBAX, currently valued at 1.39, compared to the broader market0.0020.0040.0060.0080.00100.001.394.78
BBAX
EMMF

The current BBAX Sharpe Ratio is 0.34, which is lower than the EMMF Sharpe Ratio of 1.18. The chart below compares the historical Sharpe Ratios of BBAX and EMMF, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
0.34
1.18
BBAX
EMMF

Dividends

BBAX vs. EMMF - Dividend Comparison

BBAX's dividend yield for the trailing twelve months is around 3.32%, more than EMMF's 1.34% yield.


TTM202320222021202020192018
BBAX
JPMorgan BetaBuilders Developed Asia ex-Japan ETF
3.32%4.17%5.06%5.47%2.57%4.07%1.36%
EMMF
WisdomTree Emerging Markets Multifactor Fund
0.93%1.62%3.48%2.64%1.93%2.93%0.66%

Drawdowns

BBAX vs. EMMF - Drawdown Comparison

The maximum BBAX drawdown since its inception was -39.64%, which is greater than EMMF's maximum drawdown of -32.55%. Use the drawdown chart below to compare losses from any high point for BBAX and EMMF. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-10.12%
-6.90%
BBAX
EMMF

Volatility

BBAX vs. EMMF - Volatility Comparison

JPMorgan BetaBuilders Developed Asia ex-Japan ETF (BBAX) has a higher volatility of 4.72% compared to WisdomTree Emerging Markets Multifactor Fund (EMMF) at 2.60%. This indicates that BBAX's price experiences larger fluctuations and is considered to be riskier than EMMF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
4.72%
2.60%
BBAX
EMMF
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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