BBCB vs. IGHG
BBCB (JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF) and IGHG (ProShares Investment Grade-Interest Rate Hedged) are both Corporate Bonds funds - BBCB tracks the Bloomberg US Corporate Investment Grade while IGHG tracks the Citi Corporate Investment Grade (Treasury Rate-Hedged) Index. Both are passively managed. Over the past 5 years, BBCB returned 0.84%/yr vs 5.24%/yr for IGHG. At a 0.10 correlation, their price movements are largely independent. BBCB charges 0.09%/yr vs 0.30%/yr for IGHG.
Performance
BBCB vs. IGHG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BBCB achieves a 2.82% return, which is significantly higher than IGHG's 2.17% return.
BBCB
- 1D
- -0.11%
- 1M
- 0.66%
- YTD
- 2.82%
- 6M
- 2.66%
- 1Y
- 8.37%
- 3Y*
- 5.98%
- 5Y*
- 0.84%
- 10Y*
- —
IGHG
- 1D
- 0.05%
- 1M
- 0.76%
- YTD
- 2.17%
- 6M
- 2.54%
- 1Y
- 5.77%
- 3Y*
- 8.57%
- 5Y*
- 5.24%
- 10Y*
- 4.72%
BBCB vs. IGHG - 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% |
IGHG ProShares Investment Grade-Interest Rate Hedged | 2.17% | 5.65% | 9.20% | 11.58% | -0.90% | 0.88% | 0.61% | 12.73% | -1.40% |
Correlation
The correlation between BBCB and IGHG is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Dec 17, 2018 | 0.10 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BBCB vs. IGHG — Risk / Return Rank
BBCB
IGHG
BBCB vs. IGHG - 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 ProShares Investment Grade-Interest Rate Hedged (IGHG). 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 | IGHG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.02 | ||
| Sortino ratioReturn per unit of downside risk | +0.26 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.32 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.85 | 3.31 | -0.46 |
| Martin ratioReturn relative to average drawdown | 10.09 | 11.71 | -1.62 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| BBCB | IGHG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.71 | 1.68 | +0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.12 | 1.05 | -0.93 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.63 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.54 | -0.08 |
Drawdowns
BBCB vs. IGHG - Drawdown Comparison
The maximum BBCB drawdown since its inception was -22.48%, smaller than the maximum IGHG drawdown of -25.16%. Use the drawdown chart below to compare losses from any high point for BBCB and IGHG.
Loading charts...
Drawdown Indicators
| BBCB | IGHG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.48% | -25.16% | +2.68% |
Max Drawdown (1Y)Largest decline over 1 year | -2.95% | -1.75% | -1.20% |
Max Drawdown (3Y)Largest decline over 3 years | -6.46% | -3.74% | -2.72% |
Max Drawdown (5Y)Largest decline over 5 years | -22.32% | -8.75% | -13.57% |
Max Drawdown (10Y)Largest decline over 10 years | — | -25.16% | — |
Current DrawdownCurrent decline from peak | -0.34% | -0.11% | -0.23% |
Average DrawdownAverage peak-to-trough decline | -6.66% | -2.30% | -4.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.83% | 0.50% | +0.33% |
Volatility
BBCB vs. IGHG - Volatility Comparison
JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (BBCB) has a higher volatility of 1.41% compared to ProShares Investment Grade-Interest Rate Hedged (IGHG) at 0.62%. This indicates that BBCB's price experiences larger fluctuations and is considered to be riskier than IGHG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BBCB | IGHG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.41% | 0.62% | +0.79% |
Volatility (6M)Calculated over the trailing 6-month period | 3.98% | 2.53% | +1.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.93% | 3.44% | +1.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.25% | 5.02% | +2.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.50% | 7.46% | +0.04% |
BBCB vs. IGHG - Expense Ratio Comparison
BBCB has a 0.09% expense ratio, which is lower than IGHG's 0.30% expense ratio.
Dividends
BBCB vs. IGHG - Dividend Comparison
BBCB's dividend yield for the trailing twelve months is around 7.15%, more than IGHG's 5.11% 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% |
IGHG ProShares Investment Grade-Interest Rate Hedged | 5.11% | 5.14% | 5.06% | 4.99% | 3.55% | 2.50% | 2.79% | 3.48% | 4.13% | 3.36% | 3.37% | 3.65% |
Frequently Asked Questions
BBCB and IGHG have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BBCB has higher volatility (1.41%) compared to IGHG (0.62%). In terms of maximum drawdown, BBCB dropped -22.48% vs IGHG's -25.16%.
On 5-year performance, IGHG leads with 5.24% vs 0.84% for BBCB. On fees, BBCB is cheaper at 0.09% per year. On volatility, IGHG has been the lower-risk option at 0.62%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, IGHG has performed better with a 5.24% return vs 0.84%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
BBCB is cheaper with a 0.09% expense ratio, compared with 0.30% for IGHG.
BBCB has the higher dividend yield at 7.15%, compared with 5.11% for IGHG.
BBCB tracks Bloomberg US Corporate Investment Grade, while IGHG tracks Citi Corporate Investment Grade (Treasury Rate-Hedged) Index. They also come from different issuers: JPMorgan and ProShares. Their fees differ too: 0.09% for BBCB and 0.30% for IGHG.
BBCB currently has the higher Sharpe Ratio (1.71 vs 1.68), 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.
Find the right allocation for BBCB and IGHG
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer