BBCB vs. JQUA

Last updated Jun 4, 2026

BBCB (JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF) and JQUA (JPMorgan U.S. Quality Factor ETF) are both exchange-traded funds - BBCB is a Corporate Bonds fund tracking the Bloomberg US Corporate Investment Grade, while JQUA is a Large Cap Growth Equities fund tracking the JP Morgan US Quality Factor Index. Both are passively managed. Over the past 5 years, BBCB returned 0.84%/yr vs 13.95%/yr for JQUA. At a 0.25 correlation, their price movements are largely independent. BBCB charges 0.09%/yr vs 0.12%/yr for JQUA.

Performance

BBCB vs. JQUA - 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 U.S. Quality Factor ETF (JQUA). 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 lower than JQUA's 14.28% return.

BBCB

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

JQUA

• 1D: -0.17%
• 1M: 8.34%
• YTD: 14.28%
• 6M: 14.37%
• 1Y: 22.93%
• 3Y*: 20.58%
• 5Y*: 13.95%
• 10Y*: —

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

BBCB vs. JQUA - 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%
JQUA JPMorgan U.S. Quality Factor ETF	14.28%	11.69%	21.21%	25.13%	-13.45%	28.68%	16.56%	28.47%	-3.33%

Correlation

The correlation between BBCB and JQUA is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (3Y) Calculated over the trailing 3-year period	0.37
Correlation (5Y) Calculated over the trailing 5-year period	0.32
Correlation (All Time) Calculated using the full available price history since Dec 17, 2018	0.25

The correlation between BBCB and JQUA shifts across timeframes, from 0.25 (all time) to 0.41 (1 year), reflecting how their relationship changes across market environments.

BBCB vs. JQUA - Sectors Allocation Comparison

Sectors	BBCB	JQUA
Financial Services	21.9%	10.2%
Healthcare	8.8%	7.2%
Utilities	8.6%	2.3%
Technology	7.8%	41.9%
Industrials	7.1%	7.6%
Communication Services	6.7%	5.5%
Consumer Cyclical	6.3%	9.2%
Consumer Defensive	5.1%	5.3%
Energy	4.9%	3.2%
Real Estate	3.8%	2.1%
Basic Materials	1.6%	0.8%

Return for Risk

BBCB vs. JQUA — 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

JQUA

JQUA Risk / Return Rank: 63
JQUA Sharpe Ratio Rank: 60
JQUA Sortino Ratio Rank: 61
JQUA Omega Ratio Rank: 56
JQUA Calmar Ratio Rank: 64
JQUA Martin Ratio Rank: 71

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. JQUA - 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 U.S. Quality Factor ETF (JQUA). 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	JQUA	Difference
Sharpe ratio Return per unit of total volatility	1.71	2.06	-0.35
Sortino ratio Return per unit of downside risk	2.79	2.94	-0.15
Omega ratio Gain probability vs. loss probability	1.34	1.35	-0.02
Calmar ratio Return relative to maximum drawdown	2.85	3.23	-0.38
Martin ratio Return relative to average drawdown	10.09	13.63	-3.54
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. JQUA - Sharpe Ratio Comparison

The current BBCB Sharpe Ratio is 1.71, which is comparable to the JQUA Sharpe Ratio of 2.06. The chart below compares the historical Sharpe Ratios of BBCB and JQUA, 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	JQUA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.71	2.06	-0.35
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.12	0.90	-0.78
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	0.83	-0.38

Drawdowns

BBCB vs. JQUA - Drawdown Comparison

The maximum BBCB drawdown since its inception was -22.48%, smaller than the maximum JQUA drawdown of -32.92%. Use the drawdown chart below to compare losses from any high point for BBCB and JQUA.

Drawdown Indicators

	BBCB	JQUA	Difference
Max Drawdown Largest peak-to-trough decline	-22.48%	-32.92%	+10.44%
Max Drawdown (1Y) Largest decline over 1 year	-2.95%	-7.13%	+4.18%
Max Drawdown (3Y) Largest decline over 3 years	-6.46%	-16.81%	+10.35%
Max Drawdown (5Y) Largest decline over 5 years	-22.32%	-22.47%	+0.15%
Current Drawdown Current decline from peak	-0.34%	-0.17%	-0.17%
Average Drawdown Average peak-to-trough decline	-6.66%	-4.16%	-2.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.83%	1.69%	-0.86%

Volatility

BBCB vs. JQUA - Volatility Comparison

The current volatility for JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (BBCB) is 1.41%, while JPMorgan U.S. Quality Factor ETF (JQUA) has a volatility of 2.84%. This indicates that BBCB experiences smaller price fluctuations and is considered to be less risky than JQUA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BBCB	JQUA	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.41%	2.84%	-1.43%
Volatility (6M) Calculated over the trailing 6-month period	3.98%	8.31%	-4.33%
Volatility (1Y) Calculated over the trailing 1-year period	4.93%	11.21%	-6.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.25%	15.61%	-8.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.50%	17.99%	-10.49%

BBCB vs. JQUA - Expense Ratio Comparison

BBCB has a 0.09% expense ratio, which is lower than JQUA's 0.12% 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. JQUA - Dividend Comparison

BBCB's dividend yield for the trailing twelve months is around 7.15%, more than JQUA's 1.07% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%
JQUA JPMorgan U.S. Quality Factor ETF	1.07%	1.19%	1.24%	1.21%	1.60%	1.32%	1.44%	1.67%	2.10%	0.40%

Frequently Asked Questions

Can I hold both BBCB and JQUA in my portfolio?

BBCB and JQUA have a correlation of 0.41, 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 JQUA?

JQUA has higher volatility (2.84%) compared to BBCB (1.41%). In terms of maximum drawdown, BBCB dropped -22.48% vs JQUA's -32.92%.

Which ETF is better, BBCB or JQUA?

On 5-year performance, JQUA leads with 13.95% vs 0.84% for BBCB. On fees, BBCB is cheaper at 0.09% per year. On volatility, BBCB has been the lower-risk option at 1.41%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BBCB or JQUA?

Over the 5-year period, JQUA has performed better with a 13.95% 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 JQUA?

BBCB is cheaper with a 0.09% expense ratio, compared with 0.12% for JQUA.

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

BBCB has the higher dividend yield at 7.15%, compared with 1.07% for JQUA.

What is the main difference between BBCB and JQUA?

BBCB is categorized as Corporate Bonds, while JQUA is Large Cap Growth Equities. BBCB tracks Bloomberg US Corporate Investment Grade, while JQUA tracks JP Morgan US Quality Factor Index. Their fees differ too: 0.09% for BBCB and 0.12% for JQUA.

Which has better risk-adjusted returns?

JQUA currently has the higher Sharpe Ratio (2.06 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.