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

Correlation

The correlation between BBAX and IVV is 0.73, 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.


Performance

BBAX vs. IVV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan BetaBuilders Developed Asia ex-Japan ETF (BBAX) and iShares Core S&P 500 ETF (IVV). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

BBAX:

0.41

IVV:

0.57

Sortino Ratio

BBAX:

0.65

IVV:

0.96

Omega Ratio

BBAX:

1.09

IVV:

1.14

Calmar Ratio

BBAX:

0.35

IVV:

0.62

Martin Ratio

BBAX:

1.17

IVV:

2.36

Ulcer Index

BBAX:

6.06%

IVV:

4.90%

Daily Std Dev

BBAX:

19.70%

IVV:

19.63%

Max Drawdown

BBAX:

-39.64%

IVV:

-55.25%

Current Drawdown

BBAX:

-2.50%

IVV:

-4.61%

Returns By Period

In the year-to-date period, BBAX achieves a 7.86% return, which is significantly higher than IVV's -0.20% return.


BBAX

YTD

7.86%

1M

8.74%

6M

2.70%

1Y

8.03%

3Y*

5.11%

5Y*

10.02%

10Y*

N/A

IVV

YTD

-0.20%

1M

13.42%

6M

-0.65%

1Y

11.16%

3Y*

16.12%

5Y*

16.32%

10Y*

12.58%

*Annualized

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iShares Core S&P 500 ETF

BBAX vs. IVV - Expense Ratio Comparison

BBAX has a 0.19% expense ratio, which is higher than IVV's 0.03% 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%.


Risk-Adjusted Performance

BBAX vs. IVV — Risk-Adjusted Performance Rank

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

BBAX
The Risk-Adjusted Performance Rank of BBAX is 4040
Overall Rank
The Sharpe Ratio Rank of BBAX is 4242
Sharpe Ratio Rank
The Sortino Ratio Rank of BBAX is 3939
Sortino Ratio Rank
The Omega Ratio Rank of BBAX is 3737
Omega Ratio Rank
The Calmar Ratio Rank of BBAX is 4242
Calmar Ratio Rank
The Martin Ratio Rank of BBAX is 3939
Martin Ratio Rank

IVV
The Risk-Adjusted Performance Rank of IVV is 5959
Overall Rank
The Sharpe Ratio Rank of IVV is 5656
Sharpe Ratio Rank
The Sortino Ratio Rank of IVV is 5757
Sortino Ratio Rank
The Omega Ratio Rank of IVV is 6161
Omega Ratio Rank
The Calmar Ratio Rank of IVV is 6262
Calmar Ratio Rank
The Martin Ratio Rank of IVV is 6161
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

BBAX vs. IVV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders Developed Asia ex-Japan ETF (BBAX) and iShares Core S&P 500 ETF (IVV). 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.


The current BBAX Sharpe Ratio is 0.41, which is comparable to the IVV Sharpe Ratio of 0.57. The chart below compares the historical Sharpe Ratios of BBAX and IVV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

BBAX vs. IVV - Dividend Comparison

BBAX's dividend yield for the trailing twelve months is around 3.95%, more than IVV's 1.32% yield.


TTM20242023202220212020201920182017201620152014
BBAX
JPMorgan BetaBuilders Developed Asia ex-Japan ETF
3.95%4.13%4.17%5.06%5.47%2.57%4.07%1.36%0.00%0.00%0.00%0.00%
IVV
iShares Core S&P 500 ETF
1.32%1.30%1.44%1.66%1.20%1.57%1.99%2.21%1.75%2.01%2.27%1.83%

Drawdowns

BBAX vs. IVV - Drawdown Comparison

The maximum BBAX drawdown since its inception was -39.64%, smaller than the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for BBAX and IVV. For additional features, visit the drawdowns tool.


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Volatility

BBAX vs. IVV - Volatility Comparison

The current volatility for JPMorgan BetaBuilders Developed Asia ex-Japan ETF (BBAX) is 3.98%, while iShares Core S&P 500 ETF (IVV) has a volatility of 4.78%. This indicates that BBAX experiences smaller price fluctuations and is considered to be less risky than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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