BBHY vs. AGG
Compare and contrast key facts about JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BBHY) and iShares Core U.S. Aggregate Bond ETF (AGG).
BBHY and AGG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BBHY is a passively managed fund by JPMorgan that tracks the performance of the ICE BofA US High Yield Index. It was launched on Sep 15, 2016. AGG is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. Aggregate Bond Index. It was launched on Sep 22, 2003. Both BBHY and AGG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BBHY or AGG.
Key characteristics
| BBHY | AGG | |
|---|---|---|
| YTD Return | 7.34% | 5.58% |
| 1Y Return | 13.58% | 11.00% |
| 3Y Return (Ann) | 2.59% | -1.37% |
| 5Y Return (Ann) | 3.75% | 0.68% |
| Sharpe Ratio | 2.58 | 1.65 |
| Daily Std Dev | 5.15% | 6.53% |
| Max Drawdown | -24.98% | -18.43% |
| Current Drawdown | 0.00% | -5.10% |
Correlation
The correlation between BBHY and AGG is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BBHY vs. AGG - Performance Comparison
In the year-to-date period, BBHY achieves a 7.34% return, which is significantly higher than AGG's 5.58% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BBHY vs. AGG - Expense Ratio Comparison
BBHY has a 0.15% expense ratio, which is higher than AGG's 0.05% 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
BBHY vs. AGG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BBHY) and iShares Core U.S. Aggregate Bond ETF (AGG). 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
BBHY vs. AGG - Dividend Comparison
BBHY's dividend yield for the trailing twelve months is around 6.80%, more than AGG's 3.41% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BBHY JPMorgan BetaBuilders USD High Yield Corporate Bond ETF | 6.80% | 6.49% | 5.92% | 4.06% | 4.73% | 4.99% | 5.02% | 4.81% | 1.42% | 0.00% | 0.00% | 0.00% |
AGG iShares Core U.S. Aggregate Bond ETF | 3.41% | 3.13% | 2.39% | 1.77% | 2.14% | 2.70% | 2.96% | 2.32% | 2.39% | 2.45% | 2.40% | 2.32% |
Drawdowns
BBHY vs. AGG - Drawdown Comparison
The maximum BBHY drawdown since its inception was -24.98%, which is greater than AGG's maximum drawdown of -18.43%. Use the drawdown chart below to compare losses from any high point for BBHY and AGG. For additional features, visit the drawdowns tool.
Volatility
BBHY vs. AGG - Volatility Comparison
The current volatility for JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BBHY) is 0.95%, while iShares Core U.S. Aggregate Bond ETF (AGG) has a volatility of 1.19%. This indicates that BBHY experiences smaller price fluctuations and is considered to be less risky than AGG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.