BBEU vs. EWU
BBEU (JPMorgan BetaBuilders Europe ETF) and EWU (iShares MSCI United Kingdom ETF) are both Europe Equities funds - BBEU tracks the Morningstar Developed Europe Target Market Exposure Index while EWU tracks the MSCI United Kingdom Index (Net). Both are passively managed. Over the past 5 years, BBEU returned 9.83%/yr vs 12.40%/yr for EWU. Their correlation of 0.90 means they have usually moved in the same direction. BBEU charges 0.09%/yr vs 0.50%/yr for EWU.
Performance
BBEU vs. EWU - Performance Comparison
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Returns By Period
In the year-to-date period, BBEU achieves a 10.17% return, which is significantly lower than EWU's 11.65% 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%
EWU
- 1D
- -0.55%
- 1M
- 2.65%
- 6M
- 6.38%
- YTD
- 11.65%
- 1Y
- 25.32%
- 3Y*
- 18.10%
- 5Y*
- 12.40%
- 10Y*
- 8.57%
- ALL TIME*
- 6.09%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $16.13M | $18.88M | $27.96M | |
| $39.99M | $65.00M | $64.94M |
BBEU vs. EWU - 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% |
EWU iShares MSCI United Kingdom ETF | 11.65% | 34.95% | 6.74% | 12.40% | -4.39% | 18.19% | -11.80% | 21.29% | -14.63% |
Correlation
The correlation between BBEU and EWU is 0.87, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.87 |
Correlation (3Y) Balances recent behavior with more history. | 0.88 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.90 |
Correlation (All Time) Calculated using the full available price history since Jun 18, 2018 | 0.90 |
The correlation between BBEU and EWU has been stable across timeframes, ranging from 0.87 to 0.90 - a consistent structural relationship.
BBEU vs. EWU - Sectors Allocation Comparison
Sectors
BBEU
EWU
Financial Services
Industrials
Healthcare
Consumer Defensive
Technology
Consumer Cyclical
Basic Materials
Energy
Utilities
Communication Services
Real Estate
Financial Services
BBEU
EWU
Industrials
BBEU
EWU
Healthcare
BBEU
EWU
Consumer Defensive
BBEU
EWU
Technology
BBEU
EWU
Consumer Cyclical
BBEU
EWU
Basic Materials
BBEU
EWU
Energy
BBEU
EWU
Utilities
BBEU
EWU
Communication Services
BBEU
EWU
Real Estate
BBEU
EWU
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Return for Risk
BBEU vs. EWU — Risk / Return Rank
BBEU
EWU
BBEU vs. EWU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders Europe ETF (BBEU) and iShares MSCI United Kingdom ETF (EWU). 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 | EWU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.21 | ||
| Sortino ratioReturn per unit of downside risk | -0.27 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.30 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.98 | 2.60 | -0.62 |
| Martin ratioReturn relative to average drawdown | 7.53 | 8.55 | -1.02 |
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Drawdowns
BBEU vs. EWU - Drawdown Comparison
The maximum BBEU drawdown since its inception was -36.27%, smaller than the maximum EWU drawdown of -63.99%. Use the drawdown chart below to compare losses from any high point for BBEU and EWU.
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Drawdown Indicators
| BBEU | EWU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.27% | -63.99% | +27.72% |
Max Drawdown (1Y)Largest decline over 1 year | -12.23% | -9.92% | -2.31% |
Max Drawdown (3Y)Largest decline over 3 years | -14.23% | -12.63% | -1.60% |
Max Drawdown (5Y)Largest decline over 5 years | -31.08% | -24.91% | -6.17% |
Max Drawdown (10Y)Largest decline over 10 years | — | -43.33% | — |
Current DrawdownCurrent decline from peak | -0.43% | -0.55% | +0.12% |
Average DrawdownAverage peak-to-trough decline | -6.04% | -14.10% | +8.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.22% | 3.02% | +0.20% |
Volatility
BBEU vs. EWU - Volatility Comparison
JPMorgan BetaBuilders Europe ETF (BBEU) and iShares MSCI United Kingdom ETF (EWU) have volatilities of 4.39% and 4.43%, 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.
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Volatility by Period
| BBEU | EWU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.39% | 4.43% | -0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 13.87% | 12.91% | +0.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.97% | 14.96% | +1.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.57% | 16.39% | +1.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.26% | 18.23% | +1.03% |
BBEU vs. EWU - Expense Ratio Comparison
BBEU has a 0.09% expense ratio, which is lower than EWU's 0.50% expense ratio.
Dividends
BBEU vs. EWU - Dividend Comparison
BBEU's dividend yield for the trailing twelve months is around 2.88%, less than EWU's 3.09% 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% |
EWU iShares MSCI United Kingdom ETF | 3.09% | 3.73% | 4.16% | 4.14% | 3.43% | 4.35% | 2.48% | 4.13% | 4.98% | 3.91% | 3.97% | 4.11% |
Frequently Asked Questions
BBEU and EWU have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EWU has higher volatility (4.43%) compared to BBEU (4.39%). In terms of maximum drawdown, BBEU dropped -36.27% vs EWU's -63.99%.
On 5-year performance, EWU leads with 12.40% vs 9.83% for BBEU. On fees, BBEU is cheaper at 0.09% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, EWU has performed better with a 12.40% return vs 9.83%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
BBEU is cheaper with a 0.09% expense ratio, compared with 0.50% for EWU.
EWU has the higher dividend yield at 3.09%, compared with 2.88% for BBEU.
BBEU tracks Morningstar Developed Europe Target Market Exposure Index, while EWU tracks MSCI United Kingdom Index (Net). They also come from different issuers: JPMorgan and iShares. Their fees differ too: 0.09% for BBEU and 0.50% for EWU.
EWU currently has the higher Sharpe Ratio (1.73 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.
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