BBEM vs. FNILX
Compare and contrast key facts about JPMorgan Betabuilders Emerging Markets Equity ETF (BBEM) and Fidelity ZERO Large Cap Index Fund (FNILX).
BBEM is a passively managed fund by JPMorgan that tracks the performance of the Morningstar Emerging Markets Target Market Exposure Index - Benchmark TR Net. It was launched on May 10, 2023. FNILX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BBEM or FNILX.
Correlation
The correlation between BBEM and FNILX is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
BBEM vs. FNILX - Performance Comparison
Key characteristics
BBEM:
0.91
FNILX:
1.88
BBEM:
1.34
FNILX:
2.52
BBEM:
1.17
FNILX:
1.34
BBEM:
1.09
FNILX:
2.82
BBEM:
2.67
FNILX:
11.71
BBEM:
5.00%
FNILX:
2.08%
BBEM:
14.66%
FNILX:
12.96%
BBEM:
-12.37%
FNILX:
-33.75%
BBEM:
-4.16%
FNILX:
-0.46%
Returns By Period
In the year-to-date period, BBEM achieves a 6.72% return, which is significantly higher than FNILX's 4.25% return.
BBEM
6.72%
5.12%
4.57%
12.91%
N/A
N/A
FNILX
4.25%
1.16%
11.09%
24.95%
14.75%
N/A
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BBEM vs. FNILX - Expense Ratio Comparison
BBEM has a 0.15% expense ratio, which is higher than FNILX's 0.00% 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%.
Risk-Adjusted Performance
BBEM vs. FNILX — Risk-Adjusted Performance Rank
BBEM
FNILX
BBEM vs. FNILX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Betabuilders Emerging Markets Equity ETF (BBEM) and Fidelity ZERO Large Cap Index Fund (FNILX). 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.
Dividends
BBEM vs. FNILX - Dividend Comparison
BBEM's dividend yield for the trailing twelve months is around 2.56%, more than FNILX's 1.05% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
BBEM JPMorgan Betabuilders Emerging Markets Equity ETF | 2.56% | 2.73% | 1.94% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FNILX Fidelity ZERO Large Cap Index Fund | 1.05% | 1.09% | 1.34% | 1.53% | 0.95% | 1.20% | 1.17% | 0.41% |
Drawdowns
BBEM vs. FNILX - Drawdown Comparison
The maximum BBEM drawdown since its inception was -12.37%, smaller than the maximum FNILX drawdown of -33.75%. Use the drawdown chart below to compare losses from any high point for BBEM and FNILX. For additional features, visit the drawdowns tool.
Volatility
BBEM vs. FNILX - Volatility Comparison
JPMorgan Betabuilders Emerging Markets Equity ETF (BBEM) has a higher volatility of 3.77% compared to Fidelity ZERO Large Cap Index Fund (FNILX) at 3.03%. This indicates that BBEM's price experiences larger fluctuations and is considered to be riskier than FNILX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.