BBBI vs. BBBS

Last updated Jun 5, 2026

BBBI (BondBloxx BBB Rated 5-10 Year Corporate Bond ETF) and BBBS (Bondbloxx BBB Rated 1-5 Year Corporate Bond ETF) are both exchange-traded funds - BBBI is a Corporate Bonds fund tracking the Bloomberg U.S. Corporate BBB 5-10 Year Index, while BBBS is a Short-Term Bond fund tracking the Bloomberg U.S. Corporate BBB 1-5 Year Index. Both are passively managed. Over the past year, BBBI returned 6.02% vs 4.44% for BBBS. Their correlation of 0.91 suggests significant overlap in exposure. Both charge a 0.19% expense ratio.

Performance

BBBI vs. BBBS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BondBloxx BBB Rated 5-10 Year Corporate Bond ETF (BBBI) and Bondbloxx BBB Rated 1-5 Year Corporate Bond ETF (BBBS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BBBI achieves a 0.46% return, which is significantly lower than BBBS's 0.77% return.

BBBI

• 1D: 0.08%
• 1M: 0.30%
• YTD: 0.46%
• 6M: 0.63%
• 1Y: 6.02%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BBBS

• 1D: 0.02%
• 1M: 0.23%
• YTD: 0.77%
• 6M: 1.23%
• 1Y: 4.44%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BBBI vs. BBBS - Yearly Performance Comparison

	2026 (YTD)	2025	2024
BBBI BondBloxx BBB Rated 5-10 Year Corporate Bond ETF	0.46%	9.28%	4.37%
BBBS Bondbloxx BBB Rated 1-5 Year Corporate Bond ETF	0.77%	6.67%	4.96%

Correlation

The correlation between BBBI and BBBS is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.91
Correlation (All Time) Calculated using the full available price history since Jan 26, 2024	0.91

The correlation between BBBI and BBBS has been stable across timeframes, ranging from 0.91 to 0.91 - a consistent structural relationship.

BBBI vs. BBBS - Sectors Allocation Comparison

Sectors	BBBI	BBBS
Consumer Defensive	0.2%	0.1%
Healthcare	0.1%	1.0%
Communication Services	0.1%	0.2%
Basic Materials	-	-
Consumer Cyclical	-	-
Energy	-	-
Financial Services	-	0.2%
Industrials	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

BBBI vs. BBBS — Risk / Return Rank

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

BBBI

BBBI Risk / Return Rank: 44
BBBI Sharpe Ratio Rank: 44
BBBI Sortino Ratio Rank: 46
BBBI Omega Ratio Rank: 42
BBBI Calmar Ratio Rank: 42
BBBI Martin Ratio Rank: 44

BBBS

BBBS Risk / Return Rank: 74
BBBS Sharpe Ratio Rank: 74
BBBS Sortino Ratio Rank: 84
BBBS Omega Ratio Rank: 81
BBBS Calmar Ratio Rank: 63
BBBS Martin Ratio Rank: 69

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.

BBBI vs. BBBS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BondBloxx BBB Rated 5-10 Year Corporate Bond ETF (BBBI) and Bondbloxx BBB Rated 1-5 Year Corporate Bond ETF (BBBS). 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.

	BBBI	BBBS	Difference
Sharpe ratio: Return per unit of total volatility	1.53	2.40	-0.87
Sortino ratio: Return per unit of downside risk	2.25	3.73	-1.49
Omega ratio: Gain probability vs. loss probability	1.27	1.48	-0.21
Calmar ratio: Return relative to maximum drawdown	2.05	3.08	-1.02
Martin ratio: Return relative to average drawdown	7.02	12.59	-5.57
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BBBI vs. BBBS - Sharpe Ratio Comparison

The current BBBI Sharpe Ratio is 1.53, which is lower than the BBBS Sharpe Ratio of 2.40. The chart below compares the historical Sharpe Ratios of BBBI and BBBS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BBBI	BBBS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.53	2.40	-0.87
Sharpe Ratio (All Time) Calculated using the full available price history	1.19	2.37	-1.17

Drawdowns

BBBI vs. BBBS - Drawdown Comparison

The maximum BBBI drawdown since its inception was -4.11%, which is greater than BBBS's maximum drawdown of -1.45%. Use the drawdown chart below to compare losses from any high point for BBBI and BBBS.

Drawdown Indicators

	BBBI	BBBS	Difference
Max Drawdown Largest peak-to-trough decline	-4.11%	-1.45%	-2.66%
Max Drawdown (1Y) Largest decline over 1 year	-2.94%	-1.45%	-1.49%
Current Drawdown Current decline from peak	-1.06%	-0.20%	-0.86%
Average Drawdown Average peak-to-trough decline	-0.98%	-0.28%	-0.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.86%	0.35%	+0.51%

Volatility

BBBI vs. BBBS - Volatility Comparison

BondBloxx BBB Rated 5-10 Year Corporate Bond ETF (BBBI) has a higher volatility of 1.32% compared to Bondbloxx BBB Rated 1-5 Year Corporate Bond ETF (BBBS) at 0.49%. This indicates that BBBI's price experiences larger fluctuations and is considered to be riskier than BBBS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BBBI	BBBS	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.32%	0.49%	+0.83%
Volatility (6M) Calculated over the trailing 6-month period	3.00%	1.36%	+1.64%
Volatility (1Y) Calculated over the trailing 1-year period	3.98%	1.87%	+2.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.01%	2.23%	+2.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.01%	2.23%	+2.78%

BBBI vs. BBBS - Expense Ratio Comparison

Both BBBI and BBBS have an expense ratio of 0.19%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

BBBI vs. BBBS - Dividend Comparison

BBBI's dividend yield for the trailing twelve months is around 4.79%, more than BBBS's 4.58% yield.

Position	TTM	2025	2024
BBBI BondBloxx BBB Rated 5-10 Year Corporate Bond ETF	4.79%	4.90%	4.61%
BBBS Bondbloxx BBB Rated 1-5 Year Corporate Bond ETF	4.58%	4.55%	4.31%

Frequently Asked Questions

Can I hold both BBBI and BBBS in my portfolio?

With a correlation of 0.91, BBBI and BBBS 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 is riskier, BBBI or BBBS?

BBBI has higher volatility (1.32%) compared to BBBS (0.49%). In terms of maximum drawdown, BBBI dropped -4.11% vs BBBS's -1.45%.

Which ETF is better, BBBI or BBBS?

On 1-year performance, BBBI leads with 6.02% vs 4.44% for BBBS. Both ETFs have the same 0.19% expense ratio. On volatility, BBBS has been the lower-risk option at 0.49%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BBBI or BBBS?

Over the 1-year period, BBBI has performed better with a 6.02% return vs 4.44%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BBBI or BBBS?

BBBI and BBBS have the same expense ratio: 0.19% per year.

Which ETF pays a higher dividend yield, BBBI or BBBS?

BBBI has the higher dividend yield at 4.79%, compared with 4.58% for BBBS.

What is the main difference between BBBI and BBBS?

BBBI is categorized as Corporate Bonds, while BBBS is Short-Term Bond. BBBI tracks Bloomberg U.S. Corporate BBB 5-10 Year Index, while BBBS tracks Bloomberg U.S. Corporate BBB 1-5 Year Index.

Which has better risk-adjusted returns?

BBBS currently has the higher Sharpe Ratio (2.40 vs 1.53), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.