BBEU vs. DXJ

Last updated Aug 2, 2026

BBEU (JPMorgan BetaBuilders Europe ETF) and DXJ (WisdomTree Japan Hedged Equity Fund) are both exchange-traded funds - BBEU is a Europe Equities fund tracking the Morningstar Developed Europe Target Market Exposure Index, while DXJ is a Japan Equities fund tracking the WisdomTree Japan Hedged Equity Index. Both are passively managed. Over the past 5 years, BBEU returned 9.83%/yr vs 27.38%/yr for DXJ. Their 0.60 correlation means they have sometimes moved together and sometimes differently. BBEU charges 0.09%/yr vs 0.48%/yr for DXJ.

Performance

BBEU vs. DXJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan BetaBuilders Europe ETF (BBEU) and WisdomTree Japan Hedged Equity Fund (DXJ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BBEU achieves a 10.17% return, which is significantly lower than DXJ's 21.25% return.

BBEU

• 1D: -0.43%
• 1M: 0.89%
• 6M: 5.48%
• YTD: 10.17%
• 1Y: 24.74%
• 3Y*: 16.80%
• 5Y*: 9.83%
• 10Y*: —
• ALL TIME*: 9.46%

DXJ

• 1D: -0.73%
• 1M: -0.63%
• 6M: 14.45%
• YTD: 21.25%
• 1Y: 49.27%
• 3Y*: 30.10%
• 5Y*: 27.38%
• 10Y*: 19.00%
• ALL TIME*: 9.44%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BBEU JPMorgan BetaBuilders Europe ETF	$16.13M	$18.88M	$27.96M
DXJ WisdomTree Japan Hedged Equity Fund	$66.09M	$60.67M	$58.46M

BBEU vs. DXJ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
BBEU JPMorgan BetaBuilders Europe ETF	10.17%	36.37%	1.85%	20.31%	-14.72%	17.50%	5.00%	23.96%	-13.25%
DXJ WisdomTree Japan Hedged Equity Fund	21.25%	32.78%	29.83%	42.04%	5.96%	17.99%	3.94%	18.94%	-16.21%

Correlation

The correlation between BBEU and DXJ is 0.53, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.53
Correlation (3Y) Balances recent behavior with more history.	0.48
Correlation (5Y) Shows whether the relationship held over a longer period.	0.54
Correlation (All Time) Calculated using the full available price history since Jun 18, 2018	0.60

The correlation between BBEU and DXJ shifts across timeframes, from 0.48 (3 years) to 0.60 (all time), reflecting how their relationship changes across market environments.

BBEU vs. DXJ - Sectors Allocation Comparison

Sectors	BBEU	DXJ
Financial Services	23.2%	18.3%
Industrials	14.5%	29.5%
Healthcare	11.0%	6.8%
Consumer Defensive	8.1%	4.7%
Technology	8.0%	12.9%
Consumer Cyclical	4.3%	13.3%
Basic Materials	4.0%	9.1%
Energy	3.5%	1.7%
Utilities	2.9%	0.1%
Communication Services	2.5%	2.3%
Real Estate	0.3%	-

Return for Risk

BBEU vs. DXJ — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BBEU

BBEU Risk / Return Rank: 63
BBEU Sharpe Ratio Rank: 67
BBEU Sortino Ratio Rank: 67
BBEU Omega Ratio Rank: 63
BBEU Calmar Ratio Rank: 56
BBEU Martin Ratio Rank: 63

DXJ

DXJ Risk / Return Rank: 93
DXJ Sharpe Ratio Rank: 94
DXJ Sortino Ratio Rank: 92
DXJ Omega Ratio Rank: 93
DXJ Calmar Ratio Rank: 92
DXJ Martin Ratio Rank: 92

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BBEU vs. DXJ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders Europe ETF (BBEU) and WisdomTree Japan Hedged Equity Fund (DXJ). 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.

	BBEU	DXJ	Difference
Sharpe ratio: Return per unit of total volatility	1.52	2.61	-1.09
Sortino ratio: Return per unit of downside risk	2.21	3.40	-1.20
Omega ratio: Gain probability vs. loss probability	1.27	1.46	-0.19
Calmar ratio: Return relative to maximum drawdown	1.98	4.30	-2.32
Martin ratio: Return relative to average drawdown	7.53	16.08	-8.55

BBEU vs. DXJ - Sharpe Ratio Comparison

The current BBEU Sharpe Ratio is 1.52, which is lower than the DXJ Sharpe Ratio of 2.61. The chart below compares the historical Sharpe Ratios of BBEU and DXJ, 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

BBEU vs. DXJ - Drawdown Comparison

The maximum BBEU drawdown since its inception was -36.27%, smaller than the maximum DXJ drawdown of -49.63%. Use the drawdown chart below to compare losses from any high point for BBEU and DXJ.

Drawdown Indicators

	BBEU	DXJ	Difference
Max Drawdown Largest peak-to-trough decline	-36.27%	-49.63%	+13.36%
Max Drawdown (1Y) Largest decline over 1 year	-12.23%	-10.98%	-1.25%
Max Drawdown (3Y) Largest decline over 3 years	-14.23%	-22.19%	+7.96%
Max Drawdown (5Y) Largest decline over 5 years	-31.08%	-22.19%	-8.89%
Max Drawdown (10Y) Largest decline over 10 years	—	-39.14%	—
Current Drawdown Current decline from peak	-0.43%	-3.40%	+2.97%
Average Drawdown Average peak-to-trough decline	-6.04%	-14.24%	+8.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.22%	2.93%	+0.29%

Volatility

BBEU vs. DXJ - Volatility Comparison

The current volatility for JPMorgan BetaBuilders Europe ETF (BBEU) is 4.39%, while WisdomTree Japan Hedged Equity Fund (DXJ) has a volatility of 6.07%. This indicates that BBEU experiences smaller price fluctuations and is considered to be less risky than DXJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BBEU	DXJ	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.39%	6.07%	-1.68%
Volatility (6M) Calculated over the trailing 6-month period	13.87%	14.35%	-0.48%
Volatility (1Y) Calculated over the trailing 1-year period	15.97%	18.07%	-2.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.57%	19.07%	-1.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.26%	19.93%	-0.67%

BBEU vs. DXJ - Expense Ratio Comparison

BBEU has a 0.09% expense ratio, which is lower than DXJ's 0.48% expense ratio.

Dividends

BBEU vs. DXJ - Dividend Comparison

BBEU's dividend yield for the trailing twelve months is around 2.88%, more than DXJ's 0.97% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BBEU JPMorgan BetaBuilders Europe ETF	2.88%	2.83%	4.16%	2.94%	4.72%	2.63%	2.29%	3.24%	0.49%	0.00%	0.00%	0.00%
DXJ WisdomTree Japan Hedged Equity Fund	0.97%	1.29%	3.48%	3.44%	3.02%	2.64%	2.53%	2.47%	2.92%	2.30%	1.98%	5.95%

Frequently Asked Questions

Can I hold both BBEU and DXJ in my portfolio?

BBEU and DXJ have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BBEU or DXJ?

DXJ has higher volatility (6.07%) compared to BBEU (4.39%). In terms of maximum drawdown, BBEU dropped -36.27% vs DXJ's -49.63%.

Which ETF is better, BBEU or DXJ?

On 5-year performance, DXJ leads with 27.38% vs 9.83% for BBEU. On fees, BBEU is cheaper at 0.09% per year. On volatility, BBEU has been the lower-risk option at 4.39%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BBEU or DXJ?

Over the 5-year period, DXJ has performed better with a 27.38% return vs 9.83%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BBEU or DXJ?

BBEU is cheaper with a 0.09% expense ratio, compared with 0.48% for DXJ.

Which ETF pays a higher dividend yield, BBEU or DXJ?

BBEU has the higher dividend yield at 2.88%, compared with 0.97% for DXJ.

What is the main difference between BBEU and DXJ?

BBEU is categorized as Europe Equities, while DXJ is Japan Equities. BBEU tracks Morningstar Developed Europe Target Market Exposure Index, while DXJ tracks WisdomTree Japan Hedged Equity Index. They also come from different issuers: JPMorgan and WisdomTree. Their fees differ too: 0.09% for BBEU and 0.48% for DXJ.

Which has better risk-adjusted returns?

DXJ currently has the higher Sharpe Ratio (2.61 vs 1.52), 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.