BBEU vs. FSPSX
Compare and contrast key facts about JPMorgan BetaBuilders Europe ETF (BBEU) and Fidelity International Index Fund (FSPSX).
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. FSPSX is managed by Fidelity. It was launched on Nov 5, 1997.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BBEU or FSPSX.
Correlation
The correlation between BBEU and FSPSX is 0.95, 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. FSPSX - Performance Comparison
Key characteristics
BBEU:
0.34
FSPSX:
0.48
BBEU:
0.55
FSPSX:
0.75
BBEU:
1.06
FSPSX:
1.09
BBEU:
0.43
FSPSX:
0.65
BBEU:
1.18
FSPSX:
1.81
BBEU:
3.72%
FSPSX:
3.39%
BBEU:
12.93%
FSPSX:
12.72%
BBEU:
-36.26%
FSPSX:
-33.69%
BBEU:
-10.23%
FSPSX:
-9.40%
Returns By Period
In the year-to-date period, BBEU achieves a 2.39% return, which is significantly lower than FSPSX's 3.56% return.
BBEU
2.39%
-0.95%
-4.48%
3.35%
5.58%
N/A
FSPSX
3.56%
-1.33%
-2.16%
5.30%
4.95%
5.56%
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BBEU vs. FSPSX - Expense Ratio Comparison
BBEU has a 0.09% expense ratio, which is higher than FSPSX's 0.04% expense ratio. However, 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. FSPSX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders Europe ETF (BBEU) and Fidelity International Index Fund (FSPSX). 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. FSPSX - Dividend Comparison
BBEU's dividend yield for the trailing twelve months is around 2.68%, more than FSPSX's 0.36% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
JPMorgan BetaBuilders Europe ETF | 2.68% | 2.94% | 4.72% | 2.63% | 2.29% | 3.24% | 0.49% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Fidelity International Index Fund | 0.36% | 2.79% | 2.66% | 3.07% | 1.84% | 3.18% | 2.79% | 2.36% | 2.99% | 2.79% | 3.53% | 2.59% |
Drawdowns
BBEU vs. FSPSX - Drawdown Comparison
The maximum BBEU drawdown since its inception was -36.26%, which is greater than FSPSX's maximum drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for BBEU and FSPSX. For additional features, visit the drawdowns tool.
Volatility
BBEU vs. FSPSX - Volatility Comparison
The current volatility for JPMorgan BetaBuilders Europe ETF (BBEU) is 3.36%, while Fidelity International Index Fund (FSPSX) has a volatility of 3.55%. This indicates that BBEU experiences smaller price fluctuations and is considered to be less risky than FSPSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.