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BBAX vs. VEA
Performance
Return for Risk
Dividends
Drawdowns
Volatility

BBAX vs. VEA

Last updated Apr 1, 2026

Compare and contrast key facts about JPMorgan BetaBuilders Developed Asia ex-Japan ETF (BBAX) and Vanguard FTSE Developed Markets ETF (VEA).

BBAX and VEA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BBAX is a passively managed fund by JPMorgan that tracks the performance of the Morningstar Developed Asia Pacific ex-Japan Target Market Exposure Index. It was launched on Aug 7, 2018. VEA is a passively managed fund by Vanguard that tracks the performance of the FTSE Developed All Cap ex US Index. It was launched on Jul 20, 2007. Both BBAX and VEA are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

BBAX vs. VEA - Performance Comparison

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

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BBAX vs. VEA - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
BBAX
JPMorgan BetaBuilders Developed Asia ex-Japan ETF		6.46%20.21%2.50%5.60%-4.80%5.53%8.02%18.66%-9.65%
VEA
Vanguard FTSE Developed Markets ETF		2.75%35.16%3.15%17.93%-15.34%11.66%9.71%22.62%-13.52%

Returns By Period

In the year-to-date period, BBAX achieves a 6.46% return, which is significantly higher than VEA's 2.75% return.

BBAX

1D
2.53%
1M
-6.56%
YTD
6.46%
6M
7.42%
1Y
27.09%
3Y*
11.01%
5Y*
5.39%
10Y*
—

VEA

1D
3.30%
1M
-8.61%
YTD
2.75%
6M
8.94%
1Y
30.06%
3Y*
16.07%
5Y*
8.57%
10Y*
9.37%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

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JPMorgan BetaBuilders Developed Asia ex-Japan ETF

Vanguard FTSE Developed Markets ETF

Often compared with BBAX:
BBAX vs. AAXJBBAX vs. EPPBBAX vs. BBJPBBAX vs. BBEUBBAX vs. AIABBAX vs. GMFBBAX vs. EMMF
Often compared with VEA:
VEA vs. VXUSVEA vs. VWOVEA vs. VOOVEA vs. VEUVEA vs. IEFAVEA vs. SCHFVEA vs. VTI

BBAX vs. VEA - Expense Ratio Comparison

BBAX has a 0.19% expense ratio, which is higher than VEA'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%.

BBAX
JPMorgan BetaBuilders Developed Asia ex-Japan ETF
VEA
Vanguard FTSE Developed Markets ETF

Return for Risk

BBAX vs. VEA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
BBAX
BBAX Risk / Return Rank: 8080
Overall Rank
BBAX Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
BBAX Sortino Ratio Rank: 7979
Sortino Ratio Rank
BBAX Omega Ratio Rank: 8080
Omega Ratio Rank
BBAX Calmar Ratio Rank: 7676
Calmar Ratio Rank
BBAX Martin Ratio Rank: 8484
Martin Ratio Rank
VEA
VEA Risk / Return Rank: 8787
Overall Rank
VEA Sharpe Ratio Rank: 8787
Sharpe Ratio Rank
VEA Sortino Ratio Rank: 8888
Sortino Ratio Rank
VEA Omega Ratio Rank: 8888
Omega Ratio Rank
VEA Calmar Ratio Rank: 8787
Calmar Ratio Rank
VEA Martin Ratio Rank: 8787
Martin Ratio Rank
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.

BBAX vs. VEA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders Developed Asia ex-Japan ETF (BBAX) and Vanguard FTSE Developed Markets ETF (VEA). 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.

BBAXVEADifference

Sharpe ratio

Return per unit of total volatility

1.47

1.72

-0.24

Sortino ratio

Return per unit of downside risk

2.02

2.35

-0.33

Omega ratio

Gain probability vs. loss probability

1.31

1.35

-0.04

Calmar ratio

Return relative to maximum drawdown

1.96

2.50

-0.54

Martin ratio

Return relative to average drawdown

9.34

9.82

-0.48

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BBAX vs. VEA - Sharpe Ratio Comparison

The current BBAX Sharpe Ratio is 1.47, which is comparable to the VEA Sharpe Ratio of 1.72. The chart below compares the historical Sharpe Ratios of BBAX and VEA, 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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Sharpe Ratios by Period

BBAXVEADifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.47

1.72

-0.24

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.32

0.53

-0.21

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.54

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.33

0.22

+0.11

Correlation

The correlation between BBAX and VEA is 0.88, 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.

Dividends

BBAX vs. VEA - Dividend Comparison

BBAX's dividend yield for the trailing twelve months is around 3.72%, more than VEA's 2.93% yield.

TTM20252024202320222021202020192018201720162015
BBAX
JPMorgan BetaBuilders Developed Asia ex-Japan ETF		3.72%3.86%4.13%4.17%5.06%5.47%2.57%4.07%1.36%0.00%0.00%0.00%
VEA
Vanguard FTSE Developed Markets ETF		2.93%3.22%3.35%3.15%2.91%3.16%2.04%3.04%3.35%2.77%3.05%2.92%

Drawdowns

BBAX vs. VEA - Drawdown Comparison

The maximum BBAX drawdown since its inception was -39.64%, smaller than the maximum VEA drawdown of -60.68%. Use the drawdown chart below to compare losses from any high point for BBAX and VEA.

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Drawdown Indicators

BBAXVEADifference

Max Drawdown

Largest peak-to-trough decline

-39.64%

-60.68%

+21.04%

Max Drawdown (1Y)

Largest decline over 1 year

-13.60%

-11.63%

-1.97%

Max Drawdown (5Y)

Largest decline over 5 years

-24.33%

-29.71%

+5.38%

Max Drawdown (10Y)

Largest decline over 10 years

—

-35.73%

—

Current Drawdown

Current decline from peak

-6.71%

-8.71%

+2.00%

Average Drawdown

Average peak-to-trough decline

-7.32%

-13.40%

+6.08%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.85%

2.96%

-0.11%

Volatility

BBAX vs. VEA - Volatility Comparison

The current volatility for JPMorgan BetaBuilders Developed Asia ex-Japan ETF (BBAX) is 7.10%, while Vanguard FTSE Developed Markets ETF (VEA) has a volatility of 8.41%. This indicates that BBAX experiences smaller price fluctuations and is considered to be less risky than VEA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

BBAXVEADifference

Volatility (1M)

Calculated over the trailing 1-month period

7.10%

8.41%

-1.31%

Volatility (6M)

Calculated over the trailing 6-month period

10.89%

11.57%

-0.68%

Volatility (1Y)

Calculated over the trailing 1-year period

18.46%

17.62%

+0.84%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.16%

16.30%

+0.86%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.75%

17.26%

+2.49%