BBEM vs. OAEM

Last updated Apr 1, 2026

Compare and contrast key facts about JPMorgan Betabuilders Emerging Markets Equity ETF (BBEM) and OneAscent Emerging Markets ETF (OAEM).

BBEM and OAEM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. OAEM is an actively managed fund by Oneascent. It was launched on Sep 14, 2022.

Performance

BBEM vs. OAEM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Betabuilders Emerging Markets Equity ETF (BBEM) and OneAscent Emerging Markets ETF (OAEM). The values are adjusted to include any dividend payments, if applicable.

BBEM vs. OAEM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
BBEM JPMorgan Betabuilders Emerging Markets Equity ETF	3.56%	32.43%	5.61%	6.01%
OAEM OneAscent Emerging Markets ETF	10.06%	26.67%	0.43%	9.17%

Returns By Period

In the year-to-date period, BBEM achieves a 3.56% return, which is significantly lower than OAEM's 10.06% return.

BBEM

• 1D: 3.57%
• 1M: -8.72%
• YTD: 3.56%
• 6M: 8.15%
• 1Y: 32.42%
• 3Y*: —
• 5Y*: —
• 10Y*: —

OAEM

• 1D: 4.31%
• 1M: -10.94%
• YTD: 10.06%
• 6M: 18.04%
• 1Y: 41.48%
• 3Y*: 13.52%
• 5Y*: —
• 10Y*: —

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

BBEM vs. OAEM - Expense Ratio Comparison

BBEM has a 0.15% expense ratio, which is lower than OAEM's 1.25% expense ratio.

OAEM

OneAscent Emerging Markets ETF

BBEM

JPMorgan Betabuilders Emerging Markets Equity ETF

Return for Risk

BBEM vs. OAEM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BBEM

BBEM Risk / Return Rank: 84
BBEM Sharpe Ratio Rank: 84
BBEM Sortino Ratio Rank: 85
BBEM Omega Ratio Rank: 84
BBEM Calmar Ratio Rank: 83
BBEM Martin Ratio Rank: 84

OAEM

OAEM Risk / Return Rank: 88
OAEM Sharpe Ratio Rank: 88
OAEM Sortino Ratio Rank: 88
OAEM Omega Ratio Rank: 86
OAEM Calmar Ratio Rank: 87
OAEM Martin Ratio Rank: 90

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.

BBEM vs. OAEM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Betabuilders Emerging Markets Equity ETF (BBEM) and OneAscent Emerging Markets ETF (OAEM). 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.

	BBEM	OAEM	Difference
Sharpe ratio Return per unit of total volatility	1.65	1.86	-0.21
Sortino ratio Return per unit of downside risk	2.27	2.48	-0.21
Omega ratio Gain probability vs. loss probability	1.33	1.36	-0.03
Calmar ratio Return relative to maximum drawdown	2.43	2.78	-0.35
Martin ratio Return relative to average drawdown	9.61	12.06	-2.45
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BBEM vs. OAEM - Sharpe Ratio Comparison

The current BBEM Sharpe Ratio is 1.65, which is comparable to the OAEM Sharpe Ratio of 1.86. The chart below compares the historical Sharpe Ratios of BBEM and OAEM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BBEM	OAEM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.65	1.86	-0.21
Sharpe Ratio (All Time) Calculated using the full available price history	0.97	0.84	+0.12

Correlation

The correlation between BBEM and OAEM is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

BBEM vs. OAEM - Dividend Comparison

BBEM's dividend yield for the trailing twelve months is around 5.63%, more than OAEM's 0.70% yield.

	TTM	2025	2024	2023	2022
BBEM JPMorgan Betabuilders Emerging Markets Equity ETF	5.63%	5.86%	2.73%	1.94%	0.00%
OAEM OneAscent Emerging Markets ETF	0.70%	0.77%	0.91%	1.63%	0.04%

Drawdowns

BBEM vs. OAEM - Drawdown Comparison

The maximum BBEM drawdown since its inception was -17.42%, roughly equal to the maximum OAEM drawdown of -17.05%. Use the drawdown chart below to compare losses from any high point for BBEM and OAEM.

Drawdown Indicators

	BBEM	OAEM	Difference
Max Drawdown Largest peak-to-trough decline	-17.42%	-17.05%	-0.37%
Max Drawdown (1Y) Largest decline over 1 year	-13.12%	-14.63%	+1.51%
Current Drawdown Current decline from peak	-10.02%	-10.94%	+0.92%
Average Drawdown Average peak-to-trough decline	-3.80%	-3.94%	+0.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.32%	3.38%	-0.06%

Volatility

BBEM vs. OAEM - Volatility Comparison

The current volatility for JPMorgan Betabuilders Emerging Markets Equity ETF (BBEM) is 10.26%, while OneAscent Emerging Markets ETF (OAEM) has a volatility of 13.45%. This indicates that BBEM experiences smaller price fluctuations and is considered to be less risky than OAEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BBEM	OAEM	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.26%	13.45%	-3.19%
Volatility (6M) Calculated over the trailing 6-month period	14.66%	17.65%	-2.99%
Volatility (1Y) Calculated over the trailing 1-year period	19.77%	22.39%	-2.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.71%	19.00%	-2.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.71%	19.00%	-2.29%