BBCB vs. VCIT

Last updated Jun 4, 2026

BBCB (JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF) and VCIT (Vanguard Intermediate-Term Corporate Bond ETF) are both Corporate Bonds funds - BBCB tracks the Bloomberg US Corporate Investment Grade while VCIT tracks the Barclays U.S. 5-10 Year Corp Index. Both are passively managed. Over the past 5 years, BBCB returned 0.84%/yr vs 1.22%/yr for VCIT. Their correlation of 0.93 suggests significant overlap in exposure. BBCB charges 0.09%/yr vs 0.04%/yr for VCIT.

Performance

BBCB vs. VCIT - 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 Vanguard Intermediate-Term Corporate Bond ETF (VCIT). 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 VCIT's 0.18% return.

BBCB

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

VCIT

• 1D: -0.22%
• 1M: 0.28%
• YTD: 0.18%
• 6M: 0.07%
• 1Y: 6.13%
• 3Y*: 6.00%
• 5Y*: 1.22%
• 10Y*: 2.93%

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

BBCB vs. VCIT - 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%
VCIT Vanguard Intermediate-Term Corporate Bond ETF	0.18%	9.34%	3.20%	8.98%	-13.98%	-1.77%	9.46%	14.10%	0.73%

Correlation

The correlation between BBCB and VCIT is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.96
Correlation (3Y) Calculated over the trailing 3-year period	0.97
Correlation (5Y) Calculated over the trailing 5-year period	0.96
Correlation (All Time) Calculated using the full available price history since Dec 17, 2018	0.93

The correlation between BBCB and VCIT has been stable across timeframes, ranging from 0.93 to 0.97 - a consistent structural relationship.

Return for Risk

BBCB vs. VCIT — 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

VCIT

VCIT Risk / Return Rank: 42
VCIT Sharpe Ratio Rank: 42
VCIT Sortino Ratio Rank: 43
VCIT Omega Ratio Rank: 40
VCIT Calmar Ratio Rank: 41
VCIT Martin Ratio Rank: 42

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. VCIT - 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 Vanguard Intermediate-Term Corporate Bond ETF (VCIT). 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	VCIT	Difference
Sharpe ratio Return per unit of total volatility	1.71	1.50	+0.21
Sortino ratio Return per unit of downside risk	2.79	2.22	+0.57
Omega ratio Gain probability vs. loss probability	1.34	1.27	+0.07
Calmar ratio Return relative to maximum drawdown	2.85	2.08	+0.77
Martin ratio Return relative to average drawdown	10.09	6.95	+3.14
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. VCIT - Sharpe Ratio Comparison

The current BBCB Sharpe Ratio is 1.71, which is comparable to the VCIT Sharpe Ratio of 1.50. The chart below compares the historical Sharpe Ratios of BBCB and VCIT, 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	VCIT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.71	1.50	+0.21
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.12	0.19	-0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.47	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	0.75	-0.30

Drawdowns

BBCB vs. VCIT - Drawdown Comparison

The maximum BBCB drawdown since its inception was -22.48%, which is greater than VCIT's maximum drawdown of -20.56%. Use the drawdown chart below to compare losses from any high point for BBCB and VCIT.

Drawdown Indicators

	BBCB	VCIT	Difference
Max Drawdown Largest peak-to-trough decline	-22.48%	-20.56%	-1.92%
Max Drawdown (1Y) Largest decline over 1 year	-2.95%	-2.96%	+0.01%
Max Drawdown (3Y) Largest decline over 3 years	-6.46%	-6.11%	-0.35%
Max Drawdown (5Y) Largest decline over 5 years	-22.32%	-20.56%	-1.76%
Max Drawdown (10Y) Largest decline over 10 years	—	-20.56%	—
Current Drawdown Current decline from peak	-0.34%	-1.36%	+1.02%
Average Drawdown Average peak-to-trough decline	-6.66%	-3.16%	-3.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.83%	0.88%	-0.05%

Volatility

BBCB vs. VCIT - Volatility Comparison

JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (BBCB) and Vanguard Intermediate-Term Corporate Bond ETF (VCIT) have volatilities of 1.41% and 1.38%, 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	VCIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.41%	1.38%	+0.03%
Volatility (6M) Calculated over the trailing 6-month period	3.98%	3.06%	+0.92%
Volatility (1Y) Calculated over the trailing 1-year period	4.93%	4.10%	+0.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.25%	6.61%	+0.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.50%	6.28%	+1.22%

BBCB vs. VCIT - Expense Ratio Comparison

BBCB has a 0.09% expense ratio, which is higher than VCIT's 0.04% expense ratio. However, 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. VCIT - Dividend Comparison

BBCB's dividend yield for the trailing twelve months is around 7.15%, more than VCIT's 4.80% 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%
VCIT Vanguard Intermediate-Term Corporate Bond ETF	4.80%	4.62%	4.43%	3.72%	3.03%	2.87%	2.78%	3.37%	3.61%	3.21%	3.29%	3.34%

Frequently Asked Questions

Can I hold both BBCB and VCIT in my portfolio?

With a correlation of 0.95, BBCB and VCIT move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, BBCB or VCIT?

BBCB has higher volatility (1.41%) compared to VCIT (1.38%). In terms of maximum drawdown, BBCB dropped -22.48% vs VCIT's -20.56%.

Which ETF is better, BBCB or VCIT?

On 5-year performance, VCIT leads with 1.22% vs 0.84% for BBCB. On fees, VCIT is cheaper at 0.04% 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 VCIT?

Over the 5-year period, VCIT has performed better with a 1.22% 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 VCIT?

VCIT is cheaper with a 0.04% expense ratio, compared with 0.09% for BBCB.

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

BBCB has the higher dividend yield at 7.15%, compared with 4.80% for VCIT.

What is the main difference between BBCB and VCIT?

BBCB tracks Bloomberg US Corporate Investment Grade, while VCIT tracks Barclays U.S. 5-10 Year Corp Index. They also come from different issuers: JPMorgan and Vanguard. Their fees differ too: 0.09% for BBCB and 0.04% for VCIT.

Which has better risk-adjusted returns?

BBCB currently has the higher Sharpe Ratio (1.71 vs 1.50), 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.