BBCA vs. JMOM

Last updated Aug 4, 2026

BBCA (JPMorgan BetaBuilders Canada ETF) and JMOM (JPMorgan U.S. Momentum Factor ETF) are both exchange-traded funds - BBCA is a Canada Equities fund tracking the Morningstar Canada Target Market Exposure Index, while JMOM is a Momentum fund tracking the JP Morgan US Momentum Factor Index. Both are passively managed. Over the past 5 years, BBCA returned 12.37%/yr vs 13.81%/yr for JMOM. Their 0.72 correlation means they have sometimes moved together and sometimes differently. BBCA charges 0.19%/yr vs 0.12%/yr for JMOM.

Performance

BBCA vs. JMOM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan BetaBuilders Canada ETF (BBCA) and JPMorgan U.S. Momentum Factor ETF (JMOM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BBCA achieves a 11.48% return, which is significantly lower than JMOM's 20.54% return.

BBCA

• 1D: 0.50%
• 1M: 3.24%
• 6M: 10.32%
• YTD: 11.48%
• 1Y: 31.11%
• 3Y*: 21.73%
• 5Y*: 12.37%
• 10Y*: —
• ALL TIME*: 12.28%

JMOM

• 1D: 1.25%
• 1M: -1.61%
• 6M: 16.11%
• YTD: 20.54%
• 1Y: 29.18%
• 3Y*: 25.54%
• 5Y*: 13.81%
• 10Y*: —
• ALL TIME*: 15.83%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BBCA JPMorgan BetaBuilders Canada ETF	$26.64M	$22.26M	$27.98M
JMOM JPMorgan U.S. Momentum Factor ETF	$17.82M	$11.76M	$9.25M

BBCA vs. JMOM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
BBCA JPMorgan BetaBuilders Canada ETF	11.48%	34.40%	12.79%	14.92%	-12.53%	28.16%	6.20%	28.93%	-15.39%
JMOM JPMorgan U.S. Momentum Factor ETF	20.54%	18.02%	28.47%	22.89%	-20.83%	25.03%	29.25%	28.24%	-12.55%

Correlation

The correlation between BBCA and JMOM is 0.60, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.60
Correlation (3Y) Balances recent behavior with more history.	0.67
Correlation (5Y) Shows whether the relationship held over a longer period.	0.72
Correlation (All Time) Calculated using the full available price history since Aug 8, 2018	0.72

The correlation between BBCA and JMOM shifts across timeframes, from 0.60 (1 year) to 0.72 (5 years), reflecting how their relationship changes across market environments.

BBCA vs. JMOM - Sectors Allocation Comparison

Sectors	BBCA	JMOM
Financial Services	41.4%	9.2%
Energy	17.6%	3.2%
Basic Materials	11.3%	1.2%
Industrials	9.2%	13.3%
Technology	7.0%	39.8%
Consumer Cyclical	3.3%	7.7%
Consumer Defensive	3.1%	4.8%
Utilities	2.4%	2.3%
Communication Services	0.4%	6.5%
Healthcare	0.2%	9.5%
Real Estate	0.2%	2.6%

Return for Risk

BBCA vs. JMOM — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BBCA

BBCA Risk / Return Rank: 88
BBCA Sharpe Ratio Rank: 89
BBCA Sortino Ratio Rank: 86
BBCA Omega Ratio Rank: 87
BBCA Calmar Ratio Rank: 88
BBCA Martin Ratio Rank: 90

JMOM

JMOM Risk / Return Rank: 80
JMOM Sharpe Ratio Rank: 76
JMOM Sortino Ratio Rank: 75
JMOM Omega Ratio Rank: 72
JMOM Calmar Ratio Rank: 88
JMOM Martin Ratio Rank: 88

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BBCA vs. JMOM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders Canada ETF (BBCA) and JPMorgan U.S. Momentum Factor ETF (JMOM). 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.

	BBCA	JMOM	Difference
Sharpe ratio: Return per unit of total volatility	2.27	1.78	+0.49
Sortino ratio: Return per unit of downside risk	2.95	2.46	+0.49
Omega ratio: Gain probability vs. loss probability	1.40	1.31	+0.09
Calmar ratio: Return relative to maximum drawdown	3.71	3.66	+0.05
Martin ratio: Return relative to average drawdown	14.88	13.51	+1.36

BBCA vs. JMOM - Sharpe Ratio Comparison

The current BBCA Sharpe Ratio is 2.27, which is comparable to the JMOM Sharpe Ratio of 1.78. The chart below compares the historical Sharpe Ratios of BBCA and JMOM, 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

BBCA vs. JMOM - Drawdown Comparison

The maximum BBCA drawdown since its inception was -42.81%, which is greater than JMOM's maximum drawdown of -34.31%. Use the drawdown chart below to compare losses from any high point for BBCA and JMOM.

Drawdown Indicators

	BBCA	JMOM	Difference
Max Drawdown Largest peak-to-trough decline	-42.81%	-34.31%	-8.50%
Max Drawdown (1Y) Largest decline over 1 year	-8.43%	-8.02%	-0.41%
Max Drawdown (3Y) Largest decline over 3 years	-12.37%	-19.51%	+7.14%
Max Drawdown (5Y) Largest decline over 5 years	-24.43%	-28.26%	+3.83%
Current Drawdown Current decline from peak	-0.38%	-4.22%	+3.84%
Average Drawdown Average peak-to-trough decline	-5.77%	-6.25%	+0.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.10%	2.16%	-0.06%

Volatility

BBCA vs. JMOM - Volatility Comparison

The current volatility for JPMorgan BetaBuilders Canada ETF (BBCA) is 3.05%, while JPMorgan U.S. Momentum Factor ETF (JMOM) has a volatility of 5.42%. This indicates that BBCA experiences smaller price fluctuations and is considered to be less risky than JMOM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BBCA	JMOM	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.05%	5.42%	-2.37%
Volatility (6M) Calculated over the trailing 6-month period	10.49%	14.02%	-3.53%
Volatility (1Y) Calculated over the trailing 1-year period	13.82%	16.54%	-2.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.66%	19.00%	-2.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.00%	20.17%	-0.17%

BBCA vs. JMOM - Expense Ratio Comparison

BBCA has a 0.19% expense ratio, which is higher than JMOM's 0.12% 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%.

Dividends

BBCA vs. JMOM - Dividend Comparison

BBCA's dividend yield for the trailing twelve months is around 1.72%, more than JMOM's 0.75% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
BBCA JPMorgan BetaBuilders Canada ETF	1.72%	1.83%	2.36%	2.51%	2.65%	2.17%	2.41%	2.32%	1.21%	0.00%
JMOM JPMorgan U.S. Momentum Factor ETF	0.75%	0.86%	0.75%	1.21%	1.39%	0.64%	0.85%	1.11%	1.38%	0.29%

Frequently Asked Questions

Can I hold both BBCA and JMOM in my portfolio?

BBCA and JMOM have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BBCA or JMOM?

JMOM has higher volatility (5.42%) compared to BBCA (3.05%). In terms of maximum drawdown, BBCA dropped -42.81% vs JMOM's -34.31%.

Which ETF is better, BBCA or JMOM?

On 5-year performance, JMOM leads with 13.81% vs 12.37% for BBCA. On fees, JMOM is cheaper at 0.12% per year. On volatility, BBCA has been the lower-risk option at 3.05%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BBCA or JMOM?

Over the 5-year period, JMOM has performed better with a 13.81% return vs 12.37%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BBCA or JMOM?

JMOM is cheaper with a 0.12% expense ratio, compared with 0.19% for BBCA.

Which ETF pays a higher dividend yield, BBCA or JMOM?

BBCA has the higher dividend yield at 1.72%, compared with 0.75% for JMOM.

What is the main difference between BBCA and JMOM?

BBCA is categorized as Canada Equities, while JMOM is Momentum. BBCA tracks Morningstar Canada Target Market Exposure Index, while JMOM tracks JP Morgan US Momentum Factor Index. Their fees differ too: 0.19% for BBCA and 0.12% for JMOM.

Which has better risk-adjusted returns?

BBCA currently has the higher Sharpe Ratio (2.27 vs 1.78), 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.