BBEM vs. REMG

Last updated Jun 24, 2026

BBEM (JPMorgan Betabuilders Emerging Markets Equity ETF) and REMG (Russell Investments Emerging Markets Equity ETF) are both Emerging Markets Diversified funds. BBEM is passively managed, while REMG is actively managed. Over the past year, BBEM returned 44.01% vs 48.86% for REMG. With a 0.97 correlation, they move nearly in lockstep. BBEM charges 0.15%/yr vs 0.64%/yr for REMG.

Performance

BBEM vs. REMG - Performance Comparison

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

Returns By Period

In the year-to-date period, BBEM achieves a 21.92% return, which is significantly lower than REMG's 24.01% return.

BBEM

• 1D: -5.86%
• 1M: 2.04%
• YTD: 21.92%
• 6M: 22.38%
• 1Y: 44.01%
• 3Y*: 21.42%
• 5Y*: —
• 10Y*: —

REMG

• 1D: -5.46%
• 1M: 1.92%
• YTD: 24.01%
• 6M: 25.35%
• 1Y: 48.86%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BBEM vs. REMG - Yearly Performance Comparison

	2026 (YTD)	2025
BBEM JPMorgan Betabuilders Emerging Markets Equity ETF	21.92%	20.95%
REMG Russell Investments Emerging Markets Equity ETF	24.01%	24.03%

Correlation

The correlation between BBEM and REMG is 0.97 - 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	0.97
Correlation (All Time) Calculated using the full available price history since May 30, 2025	0.97

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

Return for Risk

BBEM vs. REMG — Risk / Return Rank

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

BBEM

BBEM Risk / Return Rank: 67
BBEM Sharpe Ratio Rank: 65
BBEM Sortino Ratio Rank: 58
BBEM Omega Ratio Rank: 69
BBEM Calmar Ratio Rank: 71
BBEM Martin Ratio Rank: 72

REMG

REMG Risk / Return Rank: 73
REMG Sharpe Ratio Rank: 74
REMG Sortino Ratio Rank: 65
REMG Omega Ratio Rank: 74
REMG Calmar Ratio Rank: 74
REMG Martin Ratio Rank: 77

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. REMG - Risk-Adjusted Trends Comparison

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

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BBEM	REMG	Difference
Sharpe ratio: Return per unit of total volatility	1.98	2.12	-0.15
Sortino ratio: Return per unit of downside risk	2.57	2.72	-0.14
Omega ratio: Gain probability vs. loss probability	1.38	1.40	-0.01
Calmar ratio: Return relative to maximum drawdown	3.37	3.47	-0.10
Martin ratio: Return relative to average drawdown	12.56	13.33	-0.77

BBEM vs. REMG - Sharpe Ratio Comparison

The current BBEM Sharpe Ratio is 1.98, which is comparable to the REMG Sharpe Ratio of 2.12. The chart below compares the historical Sharpe Ratios of BBEM and REMG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BBEM vs. REMG - Drawdown Comparison

The maximum BBEM drawdown since its inception was -17.42%, which is greater than REMG's maximum drawdown of -14.13%. Use the drawdown chart below to compare losses from any high point for BBEM and REMG.

Drawdown Indicators

	BBEM	REMG	Difference
Max Drawdown Largest peak-to-trough decline	-17.42%	-14.13%	-3.29%
Max Drawdown (1Y) Largest decline over 1 year	-13.12%	-14.13%	+1.01%
Max Drawdown (3Y) Largest decline over 3 years	-17.42%	—	—
Current Drawdown Current decline from peak	-5.86%	-5.46%	-0.40%
Average Drawdown Average peak-to-trough decline	-3.71%	-2.05%	-1.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.51%	3.67%	-0.16%

Volatility

BBEM vs. REMG - Volatility Comparison

JPMorgan Betabuilders Emerging Markets Equity ETF (BBEM) and Russell Investments Emerging Markets Equity ETF (REMG) have volatilities of 12.60% and 12.25%, 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

	BBEM	REMG	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.60%	12.25%	+0.35%
Volatility (6M) Calculated over the trailing 6-month period	20.54%	20.88%	-0.34%
Volatility (1Y) Calculated over the trailing 1-year period	22.39%	23.12%	-0.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.48%	22.66%	-4.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.48%	22.66%	-4.18%

BBEM vs. REMG - Expense Ratio Comparison

BBEM has a 0.15% expense ratio, which is lower than REMG's 0.64% expense ratio.

Dividends

BBEM vs. REMG - Dividend Comparison

BBEM's dividend yield for the trailing twelve months is around 4.78%, more than REMG's 1.11% yield.

Position	TTM	2025	2024	2023
BBEM JPMorgan Betabuilders Emerging Markets Equity ETF	4.78%	5.86%	2.73%	1.94%
REMG Russell Investments Emerging Markets Equity ETF	1.11%	1.37%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BBEM and REMG in my portfolio?

With a correlation of 0.97, BBEM and REMG 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, BBEM or REMG?

BBEM has higher volatility (12.60%) compared to REMG (12.25%). In terms of maximum drawdown, BBEM dropped -17.42% vs REMG's -14.13%.

Which ETF is better, BBEM or REMG?

On 1-year performance, REMG leads with 48.86% vs 44.01% for BBEM. On fees, BBEM is cheaper at 0.15% per year. On volatility, REMG has been the lower-risk option at 12.25%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BBEM or REMG?

Over the 1-year period, REMG has performed better with a 48.86% return vs 44.01%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BBEM or REMG?

BBEM is cheaper with a 0.15% expense ratio, compared with 0.64% for REMG.

Which ETF pays a higher dividend yield, BBEM or REMG?

BBEM has the higher dividend yield at 4.78%, compared with 1.11% for REMG.

What is the main difference between BBEM and REMG?

They also come from different issuers: JPMorgan and Russell. Their fees differ too: 0.15% for BBEM and 0.64% for REMG.

Which has better risk-adjusted returns?

REMG currently has the higher Sharpe Ratio (2.12 vs 1.98), 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.