BBIB vs. BUCK

Last updated Jun 26, 2026

BBIB (JPMorgan BetaBuilders U.S. Treasury Bond 3-10 Year ETF) and BUCK (Simplify Treasury Option Income ETF) are both Government Bonds funds. BBIB is passively managed, while BUCK is actively managed. Over the past 3 years, BBIB returned 3.66%/yr vs 5.19%/yr for BUCK. At a 0.14 correlation, their price movements are largely independent. BBIB charges 0.04%/yr vs 0.35%/yr for BUCK.

Performance

BBIB vs. BUCK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan BetaBuilders U.S. Treasury Bond 3-10 Year ETF (BBIB) and Simplify Treasury Option Income ETF (BUCK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BBIB achieves a 0.11% return, which is significantly lower than BUCK's 2.07% return.

BBIB

• 1D: 0.08%
• 1M: 0.55%
• YTD: 0.11%
• 6M: 0.10%
• 1Y: 2.94%
• 3Y*: 3.66%
• 5Y*: —
• 10Y*: —

BUCK

• 1D: -0.21%
• 1M: 0.16%
• YTD: 2.07%
• 6M: 2.27%
• 1Y: 6.47%
• 3Y*: 5.19%
• 5Y*: —
• 10Y*: —

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

BBIB vs. BUCK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
BBIB JPMorgan BetaBuilders U.S. Treasury Bond 3-10 Year ETF	0.11%	7.44%	1.28%	1.38%
BUCK Simplify Treasury Option Income ETF	2.07%	4.13%	7.25%	3.24%

Correlation

The correlation between BBIB and BUCK is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.17
Correlation (3Y) Calculated over the trailing 3-year period	0.14
Correlation (All Time) Calculated using the full available price history since Apr 20, 2023	0.14

Return for Risk

BBIB vs. BUCK — Risk / Return Rank

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

BBIB

BBIB Risk / Return Rank: 24
BBIB Sharpe Ratio Rank: 25
BBIB Sortino Ratio Rank: 25
BBIB Omega Ratio Rank: 23
BBIB Calmar Ratio Rank: 23
BBIB Martin Ratio Rank: 23

BUCK

BUCK Risk / Return Rank: 87
BUCK Sharpe Ratio Rank: 80
BUCK Sortino Ratio Rank: 83
BUCK Omega Ratio Rank: 87
BUCK Calmar Ratio Rank: 91
BUCK Martin Ratio Rank: 95

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.

BBIB vs. BUCK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders U.S. Treasury Bond 3-10 Year ETF (BBIB) and Simplify Treasury Option Income ETF (BUCK). 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.

	BBIB	BUCK	Difference
Sharpe ratio: Return per unit of total volatility	0.87	2.19	-1.32
Sortino ratio: Return per unit of downside risk	1.31	3.20	-1.90
Omega ratio: Gain probability vs. loss probability	1.15	1.46	-0.31
Calmar ratio: Return relative to maximum drawdown	1.05	4.97	-3.92
Martin ratio: Return relative to average drawdown	2.81	26.80	-23.99

BBIB vs. BUCK - Sharpe Ratio Comparison

The current BBIB Sharpe Ratio is 0.87, which is lower than the BUCK Sharpe Ratio of 2.19. The chart below compares the historical Sharpe Ratios of BBIB and BUCK, 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

BBIB vs. BUCK - Drawdown Comparison

The maximum BBIB drawdown since its inception was -6.36%, which is greater than BUCK's maximum drawdown of -5.43%. Use the drawdown chart below to compare losses from any high point for BBIB and BUCK.

Drawdown Indicators

	BBIB	BUCK	Difference
Max Drawdown Largest peak-to-trough decline	-6.36%	-5.43%	-0.93%
Max Drawdown (1Y) Largest decline over 1 year	-2.80%	-1.31%	-1.49%
Max Drawdown (3Y) Largest decline over 3 years	-4.31%	-5.43%	+1.12%
Current Drawdown Current decline from peak	-1.52%	-0.21%	-1.31%
Average Drawdown Average peak-to-trough decline	-1.68%	-0.49%	-1.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.05%	0.24%	+0.81%

Volatility

BBIB vs. BUCK - Volatility Comparison

JPMorgan BetaBuilders U.S. Treasury Bond 3-10 Year ETF (BBIB) has a higher volatility of 1.10% compared to Simplify Treasury Option Income ETF (BUCK) at 0.39%. This indicates that BBIB's price experiences larger fluctuations and is considered to be riskier than BUCK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BBIB	BUCK	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.10%	0.39%	+0.71%
Volatility (6M) Calculated over the trailing 6-month period	2.53%	1.40%	+1.13%
Volatility (1Y) Calculated over the trailing 1-year period	3.40%	2.97%	+0.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.73%	3.46%	+1.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.73%	3.46%	+1.27%

BBIB vs. BUCK - Expense Ratio Comparison

BBIB has a 0.04% expense ratio, which is lower than BUCK's 0.35% expense ratio.

Dividends

BBIB vs. BUCK - Dividend Comparison

BBIB's dividend yield for the trailing twelve months is around 3.90%, less than BUCK's 7.31% yield.

Position	TTM	2025	2024	2023	2022
BBIB JPMorgan BetaBuilders U.S. Treasury Bond 3-10 Year ETF	3.90%	3.95%	3.76%	2.69%	0.00%
BUCK Simplify Treasury Option Income ETF	7.31%	7.59%	8.84%	4.84%	0.59%

Frequently Asked Questions

Can I hold both BBIB and BUCK in my portfolio?

BBIB and BUCK have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BBIB or BUCK?

BBIB has higher volatility (1.10%) compared to BUCK (0.39%). In terms of maximum drawdown, BBIB dropped -6.36% vs BUCK's -5.43%.

Which ETF is better, BBIB or BUCK?

On 3-year performance, BUCK leads with 5.19% vs 3.66% for BBIB. On fees, BBIB is cheaper at 0.04% per year. On volatility, BUCK has been the lower-risk option at 0.39%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BBIB or BUCK?

Over the 3-year period, BUCK has performed better with a 5.19% return vs 3.66%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BBIB or BUCK?

BBIB is cheaper with a 0.04% expense ratio, compared with 0.35% for BUCK.

Which ETF pays a higher dividend yield, BBIB or BUCK?

BUCK has the higher dividend yield at 7.31%, compared with 3.90% for BBIB.

What is the main difference between BBIB and BUCK?

They also come from different issuers: JPMorgan and Simplify. Their fees differ too: 0.04% for BBIB and 0.35% for BUCK.

Which has better risk-adjusted returns?

BUCK currently has the higher Sharpe Ratio (2.19 vs 0.87), 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.