BBEU vs. BBAX
Compare and contrast key facts about JPMorgan BetaBuilders Europe ETF (BBEU) and JPMorgan BetaBuilders Developed Asia ex-Japan ETF (BBAX).
BBEU and BBAX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BBEU is a passively managed fund by JPMorgan Chase that tracks the performance of the Morningstar Developed Europe Target Market Exposure Index. It was launched on Jun 15, 2018. BBAX is a passively managed fund by JPMorgan Chase that tracks the performance of the Morningstar Developed Asia Pacific ex-Japan Target Market Exposure Index. It was launched on Aug 7, 2018. Both BBEU and BBAX are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BBEU or BBAX.
Correlation
The correlation between BBEU and BBAX is 0.73, 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.
Performance
BBEU vs. BBAX - Performance Comparison
Key characteristics
BBEU:
0.73
BBAX:
0.54
BBEU:
1.13
BBAX:
0.89
BBEU:
1.15
BBAX:
1.12
BBEU:
0.89
BBAX:
0.53
BBEU:
2.50
BBAX:
1.77
BBEU:
5.08%
BBAX:
5.99%
BBEU:
17.44%
BBAX:
19.79%
BBEU:
-36.27%
BBAX:
-39.64%
BBEU:
-1.29%
BBAX:
-6.62%
Returns By Period
In the year-to-date period, BBEU achieves a 15.06% return, which is significantly higher than BBAX's 3.31% return.
BBEU
15.06%
1.26%
8.09%
12.58%
13.63%
N/A
BBAX
3.31%
1.05%
-1.56%
10.13%
9.23%
N/A
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BBEU vs. BBAX - Expense Ratio Comparison
BBEU has a 0.09% expense ratio, which is lower than BBAX's 0.19% 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%.
Risk-Adjusted Performance
BBEU vs. BBAX — Risk-Adjusted Performance Rank
BBEU
BBAX
BBEU vs. BBAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders Europe ETF (BBEU) and JPMorgan BetaBuilders Developed Asia ex-Japan ETF (BBAX). 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
BBEU vs. BBAX - Dividend Comparison
BBEU's dividend yield for the trailing twelve months is around 3.62%, less than BBAX's 4.13% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
BBEU JPMorgan BetaBuilders Europe ETF | 3.62% | 4.16% | 2.94% | 4.72% | 2.63% | 2.29% | 3.24% | 0.49% |
BBAX JPMorgan BetaBuilders Developed Asia ex-Japan ETF | 4.13% | 4.13% | 4.17% | 5.06% | 5.47% | 2.57% | 4.07% | 1.36% |
Drawdowns
BBEU vs. BBAX - Drawdown Comparison
The maximum BBEU drawdown since its inception was -36.27%, smaller than the maximum BBAX drawdown of -39.64%. Use the drawdown chart below to compare losses from any high point for BBEU and BBAX. For additional features, visit the drawdowns tool.
Volatility
BBEU vs. BBAX - Volatility Comparison
The current volatility for JPMorgan BetaBuilders Europe ETF (BBEU) is 11.47%, while JPMorgan BetaBuilders Developed Asia ex-Japan ETF (BBAX) has a volatility of 13.32%. This indicates that BBEU experiences smaller price fluctuations and is considered to be less risky than BBAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.