BBGE.L vs. SOXX
BBGE.L (JPMorgan BetaBuilders EUR Government Bond UCITS ETF EUR (Acc)) and SOXX (iShares Semiconductor ETF) are both exchange-traded funds - BBGE.L is a European Government Bonds fund tracking the Bloomberg Euro Agg Govt TR EUR, while SOXX is a Semiconductors fund tracking the NYSE Semiconductor Index. Both are passively managed. Over the past 5 years, BBGE.L returned -2.03%/yr vs 36.08%/yr for SOXX. At a 0.04 correlation, their price movements are largely independent. BBGE.L charges 0.10%/yr vs 0.34%/yr for SOXX.
Performance
BBGE.L vs. SOXX - Performance Comparison
Loading charts...
Different Trading Currencies
BBGE.L is traded in GBP, while SOXX is traded in USD. To make them comparable, the SOXX values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, BBGE.L achieves a -0.51% return, which is significantly lower than SOXX's 112.17% return.
BBGE.L
- 1D
- -0.17%
- 1M
- 0.16%
- YTD
- -0.51%
- 6M
- -0.23%
- 1Y
- 1.81%
- 3Y*
- 2.63%
- 5Y*
- -2.03%
- 10Y*
- —
SOXX
- 1D
- 3.71%
- 1M
- 11.80%
- YTD
- 112.17%
- 6M
- 109.23%
- 1Y
- 174.08%
- 3Y*
- 55.91%
- 5Y*
- 36.08%
- 10Y*
- 37.16%
BBGE.L vs. SOXX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
BBGE.L JPMorgan BetaBuilders EUR Government Bond UCITS ETF EUR (Acc) | -0.51% | 5.79% | -3.07% | 4.85% | -13.85% | -9.86% | 10.90% | -11.09% |
SOXX iShares Semiconductor ETF | 112.17% | 30.71% | 14.90% | 58.76% | -27.37% | 45.45% | 48.23% | 14.65% |
Correlation
The correlation between BBGE.L and SOXX is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Apr 25, 2019 | 0.04 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BBGE.L vs. SOXX — Risk / Return Rank
BBGE.L
SOXX
BBGE.L vs. SOXX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders EUR Government Bond UCITS ETF EUR (Acc) (BBGE.L) and iShares Semiconductor ETF (SOXX). 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.
| BBGE.L | SOXX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.30 | ||
| Sortino ratioReturn per unit of downside risk | -3.94 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.63 | -0.58 |
| Calmar ratioReturn relative to maximum drawdown | 0.31 | 13.10 | -12.79 |
| Martin ratioReturn relative to average drawdown | 0.67 | 43.42 | -42.75 |
Loading charts...
Drawdowns
BBGE.L vs. SOXX - Drawdown Comparison
The maximum BBGE.L drawdown since its inception was -26.97%, smaller than the maximum SOXX drawdown of -52.86%. Use the drawdown chart below to compare losses from any high point for BBGE.L and SOXX.
Loading charts...
Drawdown Indicators
| BBGE.L | SOXX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.97% | -52.86% | +25.89% |
Max Drawdown (1Y)Largest decline over 1 year | -4.67% | -13.37% | +8.70% |
Max Drawdown (3Y)Largest decline over 3 years | -6.34% | -41.01% | +34.67% |
Max Drawdown (5Y)Largest decline over 5 years | -21.06% | -41.01% | +19.95% |
Max Drawdown (10Y)Largest decline over 10 years | — | -41.01% | — |
Current DrawdownCurrent decline from peak | -18.87% | -4.13% | -14.74% |
Average DrawdownAverage peak-to-trough decline | -16.08% | -10.34% | -5.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.21% | 4.03% | -1.82% |
Volatility
BBGE.L vs. SOXX - Volatility Comparison
The current volatility for JPMorgan BetaBuilders EUR Government Bond UCITS ETF EUR (Acc) (BBGE.L) is 1.56%, while iShares Semiconductor ETF (SOXX) has a volatility of 21.91%. This indicates that BBGE.L experiences smaller price fluctuations and is considered to be less risky than SOXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BBGE.L | SOXX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.56% | 21.91% | -20.35% |
Volatility (6M)Calculated over the trailing 6-month period | 4.26% | 32.27% | -28.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.38% | 38.31% | -32.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.55% | 35.68% | -28.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.69% | 33.35% | -23.66% |
BBGE.L vs. SOXX - Expense Ratio Comparison
BBGE.L has a 0.10% expense ratio, which is lower than SOXX's 0.34% expense ratio.
Dividends
BBGE.L vs. SOXX - Dividend Comparison
BBGE.L has not paid dividends to shareholders, while SOXX's dividend yield for the trailing twelve months is around 0.23%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BBGE.L JPMorgan BetaBuilders EUR Government Bond UCITS ETF EUR (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SOXX iShares Semiconductor ETF | 0.23% | 0.57% | 0.67% | 0.78% | 1.26% | 0.64% | 0.81% | 1.23% | 1.37% | 0.90% | 1.08% | 1.29% |
Frequently Asked Questions
BBGE.L and SOXX have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BBGE.L is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BBGE.L is cheaper with a 0.10% expense ratio, compared with 0.34% for SOXX.
BBGE.L is categorized as European Government Bonds, while SOXX is Semiconductors. BBGE.L tracks Bloomberg Euro Agg Govt TR EUR, while SOXX tracks NYSE Semiconductor Index. They also come from different issuers: JPMorgan and iShares. Their fees differ too: 0.10% for BBGE.L and 0.34% for SOXX.
Find the right allocation for BBGE.L and SOXX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer