BBBS vs. BBBI

Last updated Jun 26, 2026

BBBS (Bondbloxx BBB Rated 1-5 Year Corporate Bond ETF) and BBBI (BondBloxx BBB Rated 5-10 Year Corporate Bond ETF) are both exchange-traded funds - BBBS is a Short-Term Bond fund tracking the Bloomberg U.S. Corporate BBB 1-5 Year Index, while BBBI is a Corporate Bonds fund tracking the Bloomberg U.S. Corporate BBB 5-10 Year Index. Both are passively managed. Over the past year, BBBS returned 4.26% vs 5.47% for BBBI. Their correlation of 0.91 suggests significant overlap in exposure. Both charge a 0.19% expense ratio.

Performance

BBBS vs. BBBI - Performance Comparison

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

Returns By Period

In the year-to-date period, BBBS achieves a 0.99% return, which is significantly higher than BBBI's 0.92% return.

BBBS

• 1D: 0.08%
• 1M: 0.42%
• YTD: 0.99%
• 6M: 1.13%
• 1Y: 4.26%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BBBI

• 1D: 0.11%
• 1M: 0.74%
• YTD: 0.92%
• 6M: 0.84%
• 1Y: 5.47%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BBBS vs. BBBI - Yearly Performance Comparison

	2026 (YTD)	2025	2024
BBBS Bondbloxx BBB Rated 1-5 Year Corporate Bond ETF	0.99%	6.67%	4.97%
BBBI BondBloxx BBB Rated 5-10 Year Corporate Bond ETF	0.92%	9.28%	4.38%

Correlation

The correlation between BBBS and BBBI 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 25, 2024	0.91

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

Return for Risk

BBBS vs. BBBI — Risk / Return Rank

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

BBBS

BBBS Risk / Return Rank: 79
BBBS Sharpe Ratio Rank: 81
BBBS Sortino Ratio Rank: 88
BBBS Omega Ratio Rank: 85
BBBS Calmar Ratio Rank: 68
BBBS Martin Ratio Rank: 73

BBBI

BBBI Risk / Return Rank: 41
BBBI Sharpe Ratio Rank: 42
BBBI Sortino Ratio Rank: 44
BBBI Omega Ratio Rank: 39
BBBI Calmar Ratio Rank: 41
BBBI Martin Ratio Rank: 41

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.

BBBS vs. BBBI - Risk-Adjusted Trends Comparison

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

	BBBS	BBBI	Difference
Sharpe ratio: Return per unit of total volatility	2.26	1.37	+0.89
Sortino ratio: Return per unit of downside risk	3.47	2.02	+1.45
Omega ratio: Gain probability vs. loss probability	1.45	1.24	+0.21
Calmar ratio: Return relative to maximum drawdown	2.95	1.87	+1.08
Martin ratio: Return relative to average drawdown	11.90	6.10	+5.80

BBBS vs. BBBI - Sharpe Ratio Comparison

The current BBBS Sharpe Ratio is 2.26, which is higher than the BBBI Sharpe Ratio of 1.37. The chart below compares the historical Sharpe Ratios of BBBS and BBBI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BBBS vs. BBBI - Drawdown Comparison

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

Drawdown Indicators

	BBBS	BBBI	Difference
Max Drawdown Largest peak-to-trough decline	-1.45%	-4.11%	+2.66%
Max Drawdown (1Y) Largest decline over 1 year	-1.45%	-2.94%	+1.49%
Current Drawdown Current decline from peak	0.00%	-0.60%	+0.60%
Average Drawdown Average peak-to-trough decline	-0.28%	-0.98%	+0.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.36%	0.90%	-0.54%

Volatility

BBBS vs. BBBI - Volatility Comparison

The current volatility for Bondbloxx BBB Rated 1-5 Year Corporate Bond ETF (BBBS) is 0.63%, while BondBloxx BBB Rated 5-10 Year Corporate Bond ETF (BBBI) has a volatility of 1.23%. This indicates that BBBS experiences smaller price fluctuations and is considered to be less risky than BBBI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BBBS	BBBI	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.63%	1.23%	-0.60%
Volatility (6M) Calculated over the trailing 6-month period	1.45%	3.12%	-1.67%
Volatility (1Y) Calculated over the trailing 1-year period	1.89%	4.01%	-2.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.24%	5.00%	-2.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.24%	5.00%	-2.76%

BBBS vs. BBBI - Expense Ratio Comparison

Both BBBS and BBBI 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

BBBS vs. BBBI - Dividend Comparison

BBBS's dividend yield for the trailing twelve months is around 4.57%, less than BBBI's 4.77% yield.

Position	TTM	2025	2024
BBBI BondBloxx BBB Rated 5-10 Year Corporate Bond ETF	4.77%	4.90%	4.61%
BBBS Bondbloxx BBB Rated 1-5 Year Corporate Bond ETF	4.57%	4.55%	4.31%

Frequently Asked Questions

Can I hold both BBBS and BBBI in my portfolio?

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

BBBI has higher volatility (1.23%) compared to BBBS (0.63%). In terms of maximum drawdown, BBBS dropped -1.45% vs BBBI's -4.11%.

Which ETF is better, BBBS or BBBI?

On 1-year performance, BBBI leads with 5.47% vs 4.26% for BBBS. Both ETFs have the same 0.19% expense ratio. On volatility, BBBS has been the lower-risk option at 0.63%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BBBS or BBBI?

Over the 1-year period, BBBI has performed better with a 5.47% return vs 4.26%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BBBS or BBBI?

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

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

BBBI has the higher dividend yield at 4.77%, compared with 4.57% for BBBS.

What is the main difference between BBBS and BBBI?

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

Which has better risk-adjusted returns?

BBBS currently has the higher Sharpe Ratio (2.26 vs 1.37), 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.