BBCB vs. JEPI

Last updated Jun 4, 2026

BBCB (JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF) and JEPI (JPMorgan Equity Premium Income ETF) are both exchange-traded funds - BBCB is a Corporate Bonds fund tracking the Bloomberg US Corporate Investment Grade, while JEPI is a Dividend fund actively managed by JPMorgan. BBCB is passively managed, while JEPI is actively managed. Over the past 5 years, BBCB returned 0.84%/yr vs 7.26%/yr for JEPI. At a 0.28 correlation, their price movements are largely independent. BBCB charges 0.09%/yr vs 0.35%/yr for JEPI.

Performance

BBCB vs. JEPI - 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 JPMorgan Equity Premium Income ETF (JEPI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BBCB achieves a 2.82% return, which is significantly higher than JEPI's 0.15% return.

BBCB

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

JEPI

• 1D: 0.14%
• 1M: -1.54%
• YTD: 0.15%
• 6M: 0.47%
• 1Y: 7.70%
• 3Y*: 8.88%
• 5Y*: 7.26%
• 10Y*: —

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

BBCB vs. JEPI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
BBCB JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF	2.82%	7.69%	1.97%	8.42%	-15.72%	-2.23%	6.86%
JEPI JPMorgan Equity Premium Income ETF	0.15%	8.09%	12.57%	9.83%	-3.49%	21.52%	18.61%

Correlation

The correlation between BBCB and JEPI is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.35
Correlation (3Y) Calculated over the trailing 3-year period	0.33
Correlation (5Y) Calculated over the trailing 5-year period	0.29
Correlation (All Time) Calculated using the full available price history since May 22, 2020	0.28

BBCB vs. JEPI - Sectors Allocation Comparison

Sectors	BBCB	JEPI
Financial Services	21.9%	9.8%
Healthcare	8.8%	14.1%
Utilities	8.6%	6.2%
Technology	7.8%	19.1%
Industrials	7.1%	13.8%
Communication Services	6.7%	6.9%
Consumer Cyclical	6.3%	11.7%
Consumer Defensive	5.1%	9.6%
Energy	4.9%	3.5%
Real Estate	3.8%	3.5%
Basic Materials	1.6%	1.9%

Return for Risk

BBCB vs. JEPI — 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

JEPI

JEPI Risk / Return Rank: 26
JEPI Sharpe Ratio Rank: 27
JEPI Sortino Ratio Rank: 26
JEPI Omega Ratio Rank: 26
JEPI Calmar Ratio Rank: 24
JEPI Martin Ratio Rank: 26

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. JEPI - 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 JPMorgan Equity Premium Income ETF (JEPI). 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	JEPI	Difference
Sharpe ratio: Return per unit of total volatility	1.71	0.99	+0.72
Sortino ratio: Return per unit of downside risk	2.79	1.47	+1.32
Omega ratio: Gain probability vs. loss probability	1.34	1.18	+0.15
Calmar ratio: Return relative to maximum drawdown	2.85	1.16	+1.69
Martin ratio: Return relative to average drawdown	10.09	3.73	+6.35
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BBCB vs. JEPI - Sharpe Ratio Comparison

The current BBCB Sharpe Ratio is 1.71, which is higher than the JEPI Sharpe Ratio of 0.99. The chart below compares the historical Sharpe Ratios of BBCB and JEPI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BBCB	JEPI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.71	0.99	+0.72
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.12	0.66	-0.54
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	1.01	-0.55

Drawdowns

BBCB vs. JEPI - Drawdown Comparison

The maximum BBCB drawdown since its inception was -22.48%, which is greater than JEPI's maximum drawdown of -13.71%. Use the drawdown chart below to compare losses from any high point for BBCB and JEPI.

Drawdown Indicators

	BBCB	JEPI	Difference
Max Drawdown Largest peak-to-trough decline	-22.48%	-13.71%	-8.77%
Max Drawdown (1Y) Largest decline over 1 year	-2.95%	-6.68%	+3.73%
Max Drawdown (3Y) Largest decline over 3 years	-6.46%	-13.26%	+6.80%
Max Drawdown (5Y) Largest decline over 5 years	-22.32%	-13.71%	-8.61%
Current Drawdown Current decline from peak	-0.34%	-4.83%	+4.49%
Average Drawdown Average peak-to-trough decline	-6.66%	-2.12%	-4.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.83%	2.07%	-1.24%

Volatility

BBCB vs. JEPI - Volatility Comparison

JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (BBCB) and JPMorgan Equity Premium Income ETF (JEPI) have volatilities of 1.41% and 1.35%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BBCB	JEPI	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.41%	1.35%	+0.06%
Volatility (6M) Calculated over the trailing 6-month period	3.98%	6.07%	-2.09%
Volatility (1Y) Calculated over the trailing 1-year period	4.93%	7.85%	-2.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.25%	11.06%	-3.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.50%	10.80%	-3.30%

BBCB vs. JEPI - Expense Ratio Comparison

BBCB has a 0.09% expense ratio, which is lower than JEPI's 0.35% expense ratio.

Dividends

BBCB vs. JEPI - Dividend Comparison

BBCB's dividend yield for the trailing twelve months is around 7.15%, less than JEPI's 8.27% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
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%
JEPI JPMorgan Equity Premium Income ETF	8.27%	8.25%	7.33%	8.40%	11.68%	6.59%	5.79%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BBCB and JEPI in my portfolio?

BBCB and JEPI have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BBCB or JEPI?

BBCB has higher volatility (1.41%) compared to JEPI (1.35%). In terms of maximum drawdown, BBCB dropped -22.48% vs JEPI's -13.71%.

Which ETF is better, BBCB or JEPI?

On 5-year performance, JEPI leads with 7.26% vs 0.84% for BBCB. On fees, BBCB is cheaper at 0.09% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BBCB or JEPI?

Over the 5-year period, JEPI has performed better with a 7.26% return vs 0.84%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BBCB or JEPI?

BBCB is cheaper with a 0.09% expense ratio, compared with 0.35% for JEPI.

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

JEPI has the higher dividend yield at 8.27%, compared with 7.15% for BBCB.

What is the main difference between BBCB and JEPI?

BBCB is categorized as Corporate Bonds, while JEPI is Dividend. Their fees differ too: 0.09% for BBCB and 0.35% for JEPI.

Which has better risk-adjusted returns?

BBCB currently has the higher Sharpe Ratio (1.71 vs 0.99), 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.