BBEU vs. SCHD

Last updated Jun 25, 2026

BBEU (JPMorgan BetaBuilders Europe ETF) and SCHD (Schwab U.S. Dividend Equity ETF) are both exchange-traded funds - BBEU is a Europe Equities fund tracking the Morningstar Developed Europe Target Market Exposure Index, while SCHD is a Dividend fund tracking the Dow Jones U.S. Dividend 100 Index. Both are passively managed. Over the past 5 years, BBEU returned 9.00%/yr vs 8.36%/yr for SCHD. A 0.67 correlation means they provide meaningful diversification when combined. BBEU charges 0.09%/yr vs 0.06%/yr for SCHD.

Performance

BBEU vs. SCHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan BetaBuilders Europe ETF (BBEU) and Schwab U.S. Dividend Equity ETF (SCHD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BBEU achieves a 5.98% return, which is significantly lower than SCHD's 16.62% return.

BBEU

• 1D: -0.12%
• 1M: -0.20%
• YTD: 5.98%
• 6M: 5.85%
• 1Y: 17.82%
• 3Y*: 16.81%
• 5Y*: 9.00%
• 10Y*: —

SCHD

• 1D: -0.94%
• 1M: -3.38%
• YTD: 16.62%
• 6M: 15.65%
• 1Y: 23.21%
• 3Y*: 14.25%
• 5Y*: 8.36%
• 10Y*: 12.62%

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

BBEU vs. SCHD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
BBEU JPMorgan BetaBuilders Europe ETF	5.98%	36.37%	1.85%	20.31%	-14.72%	17.50%	5.00%	23.96%	-13.25%
SCHD Schwab U.S. Dividend Equity ETF	16.62%	4.34%	11.66%	4.54%	-3.26%	29.87%	15.03%	27.29%	-5.59%

Correlation

The correlation between BBEU and SCHD is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.46
Correlation (3Y) Calculated over the trailing 3-year period	0.53
Correlation (5Y) Calculated over the trailing 5-year period	0.64
Correlation (All Time) Calculated using the full available price history since Jun 18, 2018	0.67

Over the past year, the correlation between BBEU and SCHD has dropped to 0.46 - well below their long-term average of 0.67, suggesting their price drivers have been diverging.

BBEU vs. SCHD - Sectors Allocation Comparison

Sectors	BBEU	SCHD
Financial Services	24.0%	9.1%
Industrials	19.2%	7.4%
Healthcare	13.1%	18.4%
Technology	9.4%	19.4%
Consumer Defensive	8.8%	18.5%
Consumer Cyclical	6.4%	6.7%
Basic Materials	5.8%	1.2%
Energy	5.3%	14.6%
Utilities	4.6%	0.0%
Communication Services	3.0%	6.0%
Real Estate	0.5%	-

Return for Risk

BBEU vs. SCHD — Risk / Return Rank

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

BBEU

BBEU Risk / Return Rank: 34
BBEU Sharpe Ratio Rank: 35
BBEU Sortino Ratio Rank: 35
BBEU Omega Ratio Rank: 32
BBEU Calmar Ratio Rank: 32
BBEU Martin Ratio Rank: 38

SCHD

SCHD Risk / Return Rank: 77
SCHD Sharpe Ratio Rank: 73
SCHD Sortino Ratio Rank: 80
SCHD Omega Ratio Rank: 70
SCHD Calmar Ratio Rank: 90
SCHD Martin Ratio Rank: 73

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. SCHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders Europe ETF (BBEU) and Schwab U.S. Dividend Equity ETF (SCHD). 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	SCHD	Difference
Sharpe ratio: Return per unit of total volatility	1.13	2.10	-0.97
Sortino ratio: Return per unit of downside risk	1.68	3.20	-1.53
Omega ratio: Gain probability vs. loss probability	1.20	1.37	-0.17
Calmar ratio: Return relative to maximum drawdown	1.46	5.05	-3.59
Martin ratio: Return relative to average drawdown	5.42	12.16	-6.74

BBEU vs. SCHD - Sharpe Ratio Comparison

The current BBEU Sharpe Ratio is 1.13, which is lower than the SCHD Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of BBEU and SCHD, 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. SCHD - Drawdown Comparison

The maximum BBEU drawdown since its inception was -36.27%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for BBEU and SCHD.

Drawdown Indicators

	BBEU	SCHD	Difference
Max Drawdown Largest peak-to-trough decline	-36.27%	-33.37%	-2.90%
Max Drawdown (1Y) Largest decline over 1 year	-12.23%	-4.61%	-7.62%
Max Drawdown (3Y) Largest decline over 3 years	-14.23%	-16.13%	+1.90%
Max Drawdown (5Y) Largest decline over 5 years	-31.08%	-16.85%	-14.23%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.37%	—
Current Drawdown Current decline from peak	-2.24%	-3.38%	+1.14%
Average Drawdown Average peak-to-trough decline	-6.11%	-3.31%	-2.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.30%	1.92%	+1.38%

Volatility

BBEU vs. SCHD - Volatility Comparison

JPMorgan BetaBuilders Europe ETF (BBEU) has a higher volatility of 4.85% compared to Schwab U.S. Dividend Equity ETF (SCHD) at 3.13%. This indicates that BBEU's price experiences larger fluctuations and is considered to be riskier than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BBEU	SCHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.85%	3.13%	+1.72%
Volatility (6M) Calculated over the trailing 6-month period	13.51%	7.80%	+5.71%
Volatility (1Y) Calculated over the trailing 1-year period	15.86%	11.12%	+4.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.55%	14.36%	+3.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.31%	16.71%	+2.60%

BBEU vs. SCHD - Expense Ratio Comparison

BBEU has a 0.09% expense ratio, which is higher than SCHD's 0.06% 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%.

Dividends

BBEU vs. SCHD - Dividend Comparison

BBEU's dividend yield for the trailing twelve months is around 2.99%, less than SCHD's 3.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BBEU JPMorgan BetaBuilders Europe ETF	2.99%	2.83%	4.16%	2.94%	4.72%	2.63%	2.29%	3.24%	0.49%	0.00%	0.00%	0.00%
SCHD Schwab U.S. Dividend Equity ETF	3.33%	3.82%	3.64%	3.49%	3.39%	2.78%	3.16%	2.98%	3.06%	2.63%	2.89%	2.97%

Frequently Asked Questions

Can I hold both BBEU and SCHD in my portfolio?

BBEU and SCHD have a correlation of 0.46, 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 SCHD?

BBEU has higher volatility (4.85%) compared to SCHD (3.13%). In terms of maximum drawdown, BBEU dropped -36.27% vs SCHD's -33.37%.

Which ETF is better, BBEU or SCHD?

On 5-year performance, BBEU leads with 9.00% vs 8.36% for SCHD. On fees, SCHD is cheaper at 0.06% per year. On volatility, SCHD has been the lower-risk option at 3.13%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BBEU or SCHD?

Over the 5-year period, BBEU has performed better with a 9.00% return vs 8.36%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BBEU or SCHD?

SCHD is cheaper with a 0.06% expense ratio, compared with 0.09% for BBEU.

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

SCHD has the higher dividend yield at 3.33%, compared with 2.99% for BBEU.

What is the main difference between BBEU and SCHD?

BBEU is categorized as Europe Equities, while SCHD is Dividend. BBEU tracks Morningstar Developed Europe Target Market Exposure Index, while SCHD tracks Dow Jones U.S. Dividend 100 Index. They also come from different issuers: JPMorgan and Charles Schwab. Their fees differ too: 0.09% for BBEU and 0.06% for SCHD.

Which has better risk-adjusted returns?

SCHD currently has the higher Sharpe Ratio (2.10 vs 1.13), 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.