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BBCA vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BBCA and SPY is 0.77, 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.


-0.50.00.51.00.8

Performance

BBCA vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan BetaBuilders Canada ETF (BBCA) and SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

60.00%80.00%100.00%120.00%140.00%JulyAugustSeptemberOctoberNovemberDecember
67.19%
129.19%
BBCA
SPY

Key characteristics

Sharpe Ratio

BBCA:

1.16

SPY:

2.21

Sortino Ratio

BBCA:

1.62

SPY:

2.93

Omega Ratio

BBCA:

1.21

SPY:

1.41

Calmar Ratio

BBCA:

1.86

SPY:

3.26

Martin Ratio

BBCA:

7.64

SPY:

14.43

Ulcer Index

BBCA:

2.00%

SPY:

1.90%

Daily Std Dev

BBCA:

13.19%

SPY:

12.41%

Max Drawdown

BBCA:

-42.81%

SPY:

-55.19%

Current Drawdown

BBCA:

-6.36%

SPY:

-2.74%

Returns By Period

In the year-to-date period, BBCA achieves a 12.03% return, which is significantly lower than SPY's 25.54% return.


BBCA

YTD

12.03%

1M

-4.10%

6M

11.31%

1Y

13.68%

5Y*

9.12%

10Y*

N/A

SPY

YTD

25.54%

1M

-0.42%

6M

8.90%

1Y

25.98%

5Y*

14.66%

10Y*

12.97%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


BBCA vs. SPY - Expense Ratio Comparison

BBCA has a 0.19% expense ratio, which is higher than SPY's 0.09% 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%.


BBCA
JPMorgan BetaBuilders Canada ETF
Expense ratio chart for BBCA: current value at 0.19% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.19%
Expense ratio chart for SPY: current value at 0.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.09%

Risk-Adjusted Performance

BBCA vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders Canada ETF (BBCA) and SPDR S&P 500 ETF (SPY). 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.


Sharpe ratio
The chart of Sharpe ratio for BBCA, currently valued at 1.16, compared to the broader market0.002.004.001.162.21
The chart of Sortino ratio for BBCA, currently valued at 1.62, compared to the broader market-2.000.002.004.006.008.0010.001.622.93
The chart of Omega ratio for BBCA, currently valued at 1.21, compared to the broader market0.501.001.502.002.503.001.211.41
The chart of Calmar ratio for BBCA, currently valued at 1.86, compared to the broader market0.005.0010.0015.001.863.26
The chart of Martin ratio for BBCA, currently valued at 7.64, compared to the broader market0.0020.0040.0060.0080.00100.007.6414.43
BBCA
SPY

The current BBCA Sharpe Ratio is 1.16, which is lower than the SPY Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of BBCA and SPY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
1.16
2.21
BBCA
SPY

Dividends

BBCA vs. SPY - Dividend Comparison

BBCA's dividend yield for the trailing twelve months is around 1.56%, more than SPY's 0.86% yield.


TTM20232022202120202019201820172016201520142013
BBCA
JPMorgan BetaBuilders Canada ETF
1.56%2.51%2.65%2.17%2.40%2.32%1.21%0.00%0.00%0.00%0.00%0.00%
SPY
SPDR S&P 500 ETF
0.86%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%1.81%

Drawdowns

BBCA vs. SPY - Drawdown Comparison

The maximum BBCA drawdown since its inception was -42.81%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for BBCA and SPY. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-6.36%
-2.74%
BBCA
SPY

Volatility

BBCA vs. SPY - Volatility Comparison

JPMorgan BetaBuilders Canada ETF (BBCA) has a higher volatility of 4.31% compared to SPDR S&P 500 ETF (SPY) at 3.72%. This indicates that BBCA's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
4.31%
3.72%
BBCA
SPY
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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