BBCB vs. IBDQ

Last updated Jun 4, 2026

BBCB (JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF) and IBDQ (iShares iBonds Dec 2025 Term Corporate ETF) are both Corporate Bonds funds - BBCB tracks the Bloomberg US Corporate Investment Grade while IBDQ tracks the Bloomberg December 2025 Maturity Corporate. Both are passively managed. A 0.56 correlation means they provide meaningful diversification when combined. BBCB charges 0.09%/yr vs 0.10%/yr for IBDQ.

Performance

BBCB vs. IBDQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (BBCB) and iShares iBonds Dec 2025 Term Corporate ETF (IBDQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BBCB

• 1D: -0.11%
• 1M: 0.66%
• YTD: 2.82%
• 6M: 2.66%
• 1Y: 8.37%
• 3Y*: 5.98%
• 5Y*: 0.84%
• 10Y*: —

IBDQ

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BBCB vs. IBDQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
BBCB JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF	2.82%	7.69%	1.97%	8.42%	-15.72%	-2.23%	10.39%	14.86%	0.43%
IBDQ iShares iBonds Dec 2025 Term Corporate ETF	0.00%	4.13%	5.12%	5.23%	-5.91%	-1.49%	8.27%	13.59%	0.10%

Correlation

The correlation between BBCB and IBDQ is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.03
Correlation (3Y) Calculated over the trailing 3-year period	0.32
Correlation (5Y) Calculated over the trailing 5-year period	0.53
Correlation (All Time) Calculated using the full available price history since Dec 17, 2018	0.56

Over the past year, the correlation between BBCB and IBDQ has dropped to 0.03 - well below their long-term average of 0.56, suggesting their price drivers have been diverging.

Return for Risk

BBCB vs. IBDQ — Risk / Return Rank

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

BBCB

BBCB Risk / Return Rank: 56
BBCB Sharpe Ratio Rank: 50
BBCB Sortino Ratio Rank: 60
BBCB Omega Ratio Rank: 55
BBCB Calmar Ratio Rank: 58
BBCB Martin Ratio Rank: 58

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.

BBCB vs. IBDQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (BBCB) and iShares iBonds Dec 2025 Term Corporate ETF (IBDQ). 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.

	BBCB	IBDQ	Difference
Sharpe ratio Return per unit of total volatility	1.71	—	—
Sortino ratio Return per unit of downside risk	2.79	—	—
Omega ratio Gain probability vs. loss probability	1.34	—	—
Calmar ratio Return relative to maximum drawdown	2.85	—	—
Martin ratio Return relative to average drawdown	10.09	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	BBCB	IBDQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.71	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.12	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	—	—

Drawdowns

Drawdown Indicators

	BBCB	IBDQ	Difference
Max Drawdown Largest peak-to-trough decline	-22.48%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-2.95%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-6.46%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-22.32%	—	—
Current Drawdown Current decline from peak	-0.34%	—	—
Average Drawdown Average peak-to-trough decline	-6.66%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	0.83%	—	—

Volatility

Volatility by Period

	BBCB	IBDQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.41%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.98%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	4.93%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.25%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.50%	—	—

BBCB vs. IBDQ - Expense Ratio Comparison

BBCB has a 0.09% expense ratio, which is lower than IBDQ's 0.10% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

BBCB vs. IBDQ - Dividend Comparison

BBCB's dividend yield for the trailing twelve months is around 7.15%, more than IBDQ's 2.08% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BBCB JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF	7.15%	5.02%	5.22%	4.22%	3.39%	3.47%	4.59%	5.25%	0.20%	0.00%	0.00%	0.00%
IBDQ iShares iBonds Dec 2025 Term Corporate ETF	2.08%	3.77%	3.81%	3.27%	2.23%	2.07%	2.51%	3.21%	3.52%	3.28%	3.39%	2.64%

Frequently Asked Questions

Can I hold both BBCB and IBDQ in my portfolio?

BBCB and IBDQ have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BBCB or IBDQ?

On fees, BBCB is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BBCB or IBDQ?

BBCB is cheaper with a 0.09% expense ratio, compared with 0.10% for IBDQ.

Which ETF pays a higher dividend yield, BBCB or IBDQ?

BBCB has the higher dividend yield at 7.15%, compared with 2.08% for IBDQ.

What is the main difference between BBCB and IBDQ?

BBCB tracks Bloomberg US Corporate Investment Grade, while IBDQ tracks Bloomberg December 2025 Maturity Corporate. They also come from different issuers: JPMorgan and iShares. Their fees differ too: 0.09% for BBCB and 0.10% for IBDQ.