BBBS vs. BBDD.L
Compare and contrast key facts about Bondbloxx BBB Rated 1-5 Year Corporate Bond ETF (BBBS) and JPMorgan BetaBuilders US Equity UCITS ETF (Dist) (BBDD.L).
BBBS and BBDD.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BBBS is a passively managed fund by BondBloxx that tracks the performance of the Bloomberg U.S. Corporate BBB 1-5 Year Index. It was launched on Jan 23, 2024. BBDD.L is a passively managed fund by JPMorgan that tracks the performance of the Russell 1000 TR USD. It was launched on Apr 3, 2019. Both BBBS and BBDD.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BBBS or BBDD.L.
Key characteristics
| BBBS | BBDD.L | |
|---|---|---|
| Daily Std Dev | 2.41% | 11.55% |
| Max Drawdown | -1.18% | -25.72% |
| Current Drawdown | -1.10% | -0.22% |
Correlation
The correlation between BBBS and BBDD.L is 0.18, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BBBS vs. BBDD.L - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BBBS vs. BBDD.L - Expense Ratio Comparison
BBBS has a 0.19% expense ratio, which is higher than BBDD.L's 0.05% 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
BBBS vs. BBDD.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bondbloxx BBB Rated 1-5 Year Corporate Bond ETF (BBBS) and JPMorgan BetaBuilders US Equity UCITS ETF (Dist) (BBDD.L). 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.
Not enough dataDividends
BBBS vs. BBDD.L - Dividend Comparison
BBBS's dividend yield for the trailing twelve months is around 3.47%, while BBDD.L has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
BBBS Bondbloxx BBB Rated 1-5 Year Corporate Bond ETF | 3.47% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BBDD.L JPMorgan BetaBuilders US Equity UCITS ETF (Dist) | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.00% |
Drawdowns
BBBS vs. BBDD.L - Drawdown Comparison
The maximum BBBS drawdown since its inception was -1.18%, smaller than the maximum BBDD.L drawdown of -25.72%. Use the drawdown chart below to compare losses from any high point for BBBS and BBDD.L. For additional features, visit the drawdowns tool.
Volatility
BBBS vs. BBDD.L - Volatility Comparison
The current volatility for Bondbloxx BBB Rated 1-5 Year Corporate Bond ETF (BBBS) is 0.68%, while JPMorgan BetaBuilders US Equity UCITS ETF (Dist) (BBDD.L) has a volatility of 3.30%. This indicates that BBBS experiences smaller price fluctuations and is considered to be less risky than BBDD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.