BBEU vs. RFEU

Last updated Apr 2, 2026

Compare and contrast key facts about JPMorgan BetaBuilders Europe ETF (BBEU) and First Trust RiverFront Dynamic Europe ETF (RFEU).

BBEU and RFEU 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 that tracks the performance of the Morningstar Developed Europe Target Market Exposure Index. It was launched on Jun 15, 2018. RFEU is an actively managed fund by First Trust. It was launched on Apr 14, 2016.

Performance

BBEU vs. RFEU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan BetaBuilders Europe ETF (BBEU) and First Trust RiverFront Dynamic Europe ETF (RFEU). The values are adjusted to include any dividend payments, if applicable.

BBEU vs. RFEU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
BBEU JPMorgan BetaBuilders Europe ETF	0.71%	36.37%	1.85%	20.31%	-14.72%	17.50%	5.00%	23.96%	-13.25%
RFEU First Trust RiverFront Dynamic Europe ETF	1.50%	30.78%	-1.78%	16.19%	-24.17%	22.83%	6.25%	23.21%	-17.54%

Returns By Period

In the year-to-date period, BBEU achieves a 0.71% return, which is significantly lower than RFEU's 1.50% return.

BBEU

• 1D: 1.53%
• 1M: -4.75%
• YTD: 0.71%
• 6M: 5.50%
• 1Y: 22.50%
• 3Y*: 15.13%
• 5Y*: 9.59%
• 10Y*: —

RFEU

• 1D: 0.00%
• 1M: 0.00%
• YTD: 1.50%
• 6M: 6.95%
• 1Y: 21.62%
• 3Y*: 12.42%
• 5Y*: 6.12%
• 10Y*: —

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

BBEU vs. RFEU - Expense Ratio Comparison

BBEU has a 0.09% expense ratio, which is lower than RFEU's 0.83% expense ratio.

RFEU

First Trust RiverFront Dynamic Europe ETF

BBEU

JPMorgan BetaBuilders Europe ETF

Return for Risk

BBEU vs. RFEU — Risk / Return Rank

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

BBEU

BBEU Risk / Return Rank: 69
BBEU Sharpe Ratio Rank: 70
BBEU Sortino Ratio Rank: 71
BBEU Omega Ratio Rank: 68
BBEU Calmar Ratio Rank: 69
BBEU Martin Ratio Rank: 67

RFEU

RFEU Risk / Return Rank: 80
RFEU Sharpe Ratio Rank: 80
RFEU Sortino Ratio Rank: 81
RFEU Omega Ratio Rank: 90
RFEU Calmar Ratio Rank: 64
RFEU Martin Ratio Rank: 85

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.

BBEU vs. RFEU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders Europe ETF (BBEU) and First Trust RiverFront Dynamic Europe ETF (RFEU). 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.

	BBEU	RFEU	Difference
Sharpe ratio Return per unit of total volatility	1.29	1.61	-0.32
Sortino ratio Return per unit of downside risk	1.84	2.20	-0.37
Omega ratio Gain probability vs. loss probability	1.26	1.39	-0.14
Calmar ratio Return relative to maximum drawdown	1.86	1.80	+0.06
Martin ratio Return relative to average drawdown	7.18	10.86	-3.68
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BBEU vs. RFEU - Sharpe Ratio Comparison

The current BBEU Sharpe Ratio is 1.29, which is comparable to the RFEU Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of BBEU and RFEU, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BBEU	RFEU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.29	1.61	-0.32
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.56	0.37	+0.19
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	0.42	+0.03

Correlation

The correlation between BBEU and RFEU is 0.83, 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.

Dividends

BBEU vs. RFEU - Dividend Comparison

BBEU's dividend yield for the trailing twelve months is around 2.95%, more than RFEU's 2.83% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
BBEU JPMorgan BetaBuilders Europe ETF	2.95%	2.83%	4.16%	2.94%	4.72%	2.63%	2.29%	3.24%	0.49%	0.00%	0.00%
RFEU First Trust RiverFront Dynamic Europe ETF	2.83%	2.87%	5.45%	3.37%	4.98%	1.82%	2.32%	3.08%	2.84%	1.35%	3.16%

Drawdowns

BBEU vs. RFEU - Drawdown Comparison

The maximum BBEU drawdown since its inception was -36.27%, smaller than the maximum RFEU drawdown of -39.74%. Use the drawdown chart below to compare losses from any high point for BBEU and RFEU.

Drawdown Indicators

	BBEU	RFEU	Difference
Max Drawdown Largest peak-to-trough decline	-36.27%	-39.74%	+3.47%
Max Drawdown (1Y) Largest decline over 1 year	-12.23%	-11.25%	-0.98%
Max Drawdown (5Y) Largest decline over 5 years	-31.08%	-35.92%	+4.84%
Current Drawdown Current decline from peak	-7.10%	-0.11%	-6.99%
Average Drawdown Average peak-to-trough decline	-6.20%	-9.79%	+3.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.17%	2.21%	+0.96%

Volatility

BBEU vs. RFEU - Volatility Comparison

JPMorgan BetaBuilders Europe ETF (BBEU) has a higher volatility of 7.46% compared to First Trust RiverFront Dynamic Europe ETF (RFEU) at 0.00%. This indicates that BBEU's price experiences larger fluctuations and is considered to be riskier than RFEU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BBEU	RFEU	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.46%	0.00%	+7.46%
Volatility (6M) Calculated over the trailing 6-month period	11.13%	5.95%	+5.18%
Volatility (1Y) Calculated over the trailing 1-year period	17.52%	14.89%	+2.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.29%	17.01%	+0.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.30%	17.96%	+1.34%