BBCB vs. JPIE
BBCB (JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF) and JPIE (JPMorgan Income ETF) are both exchange-traded funds - BBCB is a Corporate Bonds fund tracking the Bloomberg US Corporate Investment Grade, while JPIE is a Multisector Bonds fund actively managed by JPMorgan. BBCB is passively managed, while JPIE is actively managed. Over the past 3 years, BBCB returned 5.98%/yr vs 6.43%/yr for JPIE. A 0.70 correlation means they provide meaningful diversification when combined. BBCB charges 0.09%/yr vs 0.41%/yr for JPIE.
Performance
BBCB vs. JPIE - Performance Comparison
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Returns By Period
In the year-to-date period, BBCB achieves a 2.82% return, which is significantly higher than JPIE's 1.43% return.
BBCB
- 1D
- -0.11%
- 1M
- 0.66%
- YTD
- 2.82%
- 6M
- 2.66%
- 1Y
- 8.37%
- 3Y*
- 5.98%
- 5Y*
- 0.84%
- 10Y*
- —
JPIE
- 1D
- -0.13%
- 1M
- 0.37%
- YTD
- 1.43%
- 6M
- 1.83%
- 1Y
- 5.90%
- 3Y*
- 6.43%
- 5Y*
- —
- 10Y*
- —
BBCB vs. JPIE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
BBCB JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF | 2.82% | 7.69% | 1.97% | 8.42% | -15.72% | -0.54% |
JPIE JPMorgan Income ETF | 1.43% | 7.39% | 6.32% | 7.07% | -6.13% | 0.30% |
Correlation
The correlation between BBCB and JPIE is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.74 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.74 |
Correlation (All Time) Calculated using the full available price history since Nov 3, 2021 | 0.70 |
The correlation between BBCB and JPIE has been stable across timeframes, ranging from 0.70 to 0.74 - a consistent structural relationship.
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Return for Risk
BBCB vs. JPIE — Risk / Return Rank
BBCB
JPIE
BBCB vs. JPIE - 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 Income ETF (JPIE). 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 | JPIE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.02 | ||
| Sortino ratioReturn per unit of downside risk | -3.07 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.84 | -0.50 |
| Calmar ratioReturn relative to maximum drawdown | 2.85 | 5.16 | -2.31 |
| Martin ratioReturn relative to average drawdown | 10.09 | 25.53 | -15.44 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BBCB | JPIE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.71 | 3.73 | -2.02 |
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 | 0.98 | -0.52 |
Drawdowns
BBCB vs. JPIE - Drawdown Comparison
The maximum BBCB drawdown since its inception was -22.48%, which is greater than JPIE's maximum drawdown of -9.96%. Use the drawdown chart below to compare losses from any high point for BBCB and JPIE.
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Drawdown Indicators
| BBCB | JPIE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.48% | -9.96% | -12.52% |
Max Drawdown (1Y)Largest decline over 1 year | -2.95% | -1.15% | -1.80% |
Max Drawdown (3Y)Largest decline over 3 years | -6.46% | -2.40% | -4.06% |
Max Drawdown (5Y)Largest decline over 5 years | -22.32% | — | — |
Current DrawdownCurrent decline from peak | -0.34% | -0.13% | -0.21% |
Average DrawdownAverage peak-to-trough decline | -6.66% | -2.10% | -4.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.83% | 0.23% | +0.60% |
Volatility
BBCB vs. JPIE - Volatility Comparison
JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (BBCB) has a higher volatility of 1.41% compared to JPMorgan Income ETF (JPIE) at 0.60%. This indicates that BBCB's price experiences larger fluctuations and is considered to be riskier than JPIE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BBCB | JPIE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.41% | 0.60% | +0.81% |
Volatility (6M)Calculated over the trailing 6-month period | 3.98% | 1.28% | +2.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.93% | 1.59% | +3.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.25% | 3.52% | +3.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.50% | 3.52% | +3.98% |
BBCB vs. JPIE - Expense Ratio Comparison
BBCB has a 0.09% expense ratio, which is lower than JPIE's 0.41% expense ratio.
Dividends
BBCB vs. JPIE - Dividend Comparison
BBCB's dividend yield for the trailing twelve months is around 7.15%, more than JPIE's 5.62% 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% |
JPIE JPMorgan Income ETF | 5.62% | 5.65% | 6.11% | 5.70% | 4.49% | 0.63% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
BBCB and JPIE have a correlation of 0.74, 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 JPIE (0.60%). In terms of maximum drawdown, BBCB dropped -22.48% vs JPIE's -9.96%.
On 3-year performance, JPIE leads with 6.43% vs 5.98% for BBCB. On fees, BBCB is cheaper at 0.09% per year. On volatility, JPIE has been the lower-risk option at 0.60%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, JPIE has performed better with a 6.43% return vs 5.98%. 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 0.41% for JPIE.
BBCB has the higher dividend yield at 7.15%, compared with 5.62% for JPIE.
BBCB is categorized as Corporate Bonds, while JPIE is Multisector Bonds. Their fees differ too: 0.09% for BBCB and 0.41% for JPIE.
JPIE currently has the higher Sharpe Ratio (3.73 vs 1.71), 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.
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