BBIB vs. JCPB

Last updated Jun 26, 2026

BBIB (JPMorgan BetaBuilders U.S. Treasury Bond 3-10 Year ETF) and JCPB (JPMorgan Core Plus Bond ETF) are both exchange-traded funds - BBIB is a Government Bonds fund tracking the ICE BofA US Treasury Bond (3-10 Y), while JCPB is a Intermediate Core-Plus Bond fund actively managed by JPMorgan. BBIB is passively managed, while JCPB is actively managed. Over the past 3 years, BBIB returned 3.66%/yr vs 5.26%/yr for JCPB. Their correlation of 0.94 suggests significant overlap in exposure. BBIB charges 0.04%/yr vs 0.38%/yr for JCPB.

Performance

BBIB vs. JCPB - 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 JPMorgan Core Plus Bond ETF (JCPB). 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 JCPB's 1.38% return.

BBIB

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

JCPB

• 1D: 0.06%
• 1M: 0.96%
• YTD: 1.38%
• 6M: 1.27%
• 1Y: 5.40%
• 3Y*: 5.26%
• 5Y*: 1.22%
• 10Y*: —

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

BBIB vs. JCPB - 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%
JCPB JPMorgan Core Plus Bond ETF	1.38%	7.98%	2.96%	3.51%

Correlation

The correlation between BBIB and JCPB is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.94
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (All Time) Calculated using the full available price history since Apr 20, 2023	0.94

The correlation between BBIB and JCPB has been stable across timeframes, ranging from 0.94 to 0.94 - a consistent structural relationship.

Return for Risk

BBIB vs. JCPB — 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

JCPB

JCPB Risk / Return Rank: 46
JCPB Sharpe Ratio Rank: 47
JCPB Sortino Ratio Rank: 50
JCPB Omega Ratio Rank: 45
JCPB Calmar Ratio Rank: 46
JCPB Martin Ratio Rank: 40

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. JCPB - 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 JPMorgan Core Plus Bond ETF (JCPB). 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	JCPB	Difference
Sharpe ratio: Return per unit of total volatility	0.87	1.45	-0.59
Sortino ratio: Return per unit of downside risk	1.31	2.16	-0.86
Omega ratio: Gain probability vs. loss probability	1.15	1.26	-0.11
Calmar ratio: Return relative to maximum drawdown	1.05	2.00	-0.94
Martin ratio: Return relative to average drawdown	2.81	5.73	-2.93

BBIB vs. JCPB - Sharpe Ratio Comparison

The current BBIB Sharpe Ratio is 0.87, which is lower than the JCPB Sharpe Ratio of 1.45. The chart below compares the historical Sharpe Ratios of BBIB and JCPB, 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. JCPB - Drawdown Comparison

The maximum BBIB drawdown since its inception was -6.36%, smaller than the maximum JCPB drawdown of -16.67%. Use the drawdown chart below to compare losses from any high point for BBIB and JCPB.

Drawdown Indicators

	BBIB	JCPB	Difference
Max Drawdown Largest peak-to-trough decline	-6.36%	-16.67%	+10.31%
Max Drawdown (1Y) Largest decline over 1 year	-2.80%	-2.71%	-0.09%
Max Drawdown (3Y) Largest decline over 3 years	-4.31%	-5.97%	+1.66%
Max Drawdown (5Y) Largest decline over 5 years	—	-16.67%	—
Current Drawdown Current decline from peak	-1.52%	-0.70%	-0.82%
Average Drawdown Average peak-to-trough decline	-1.68%	-4.24%	+2.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.05%	0.94%	+0.11%

Volatility

BBIB vs. JCPB - Volatility Comparison

JPMorgan BetaBuilders U.S. Treasury Bond 3-10 Year ETF (BBIB) and JPMorgan Core Plus Bond ETF (JCPB) have volatilities of 1.10% and 1.10%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BBIB	JCPB	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.10%	1.10%	0.00%
Volatility (6M) Calculated over the trailing 6-month period	2.53%	2.85%	-0.32%
Volatility (1Y) Calculated over the trailing 1-year period	3.40%	3.73%	-0.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.73%	5.40%	-0.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.73%	5.04%	-0.31%

BBIB vs. JCPB - Expense Ratio Comparison

BBIB has a 0.04% expense ratio, which is lower than JCPB's 0.38% expense ratio.

Dividends

BBIB vs. JCPB - Dividend Comparison

BBIB's dividend yield for the trailing twelve months is around 3.90%, less than JCPB's 4.89% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
BBIB JPMorgan BetaBuilders U.S. Treasury Bond 3-10 Year ETF	3.90%	3.95%	3.76%	2.69%	0.00%	0.00%	0.00%	0.00%
JCPB JPMorgan Core Plus Bond ETF	4.89%	4.90%	5.16%	4.32%	3.01%	2.19%	2.97%	3.01%

Frequently Asked Questions

Can I hold both BBIB and JCPB in my portfolio?

With a correlation of 0.94, BBIB and JCPB move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, BBIB or JCPB?

JCPB has higher volatility (1.10%) compared to BBIB (1.10%). In terms of maximum drawdown, BBIB dropped -6.36% vs JCPB's -16.67%.

Which ETF is better, BBIB or JCPB?

On 3-year performance, JCPB leads with 5.26% vs 3.66% for BBIB. On fees, BBIB is cheaper at 0.04% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BBIB or JCPB?

Over the 3-year period, JCPB has performed better with a 5.26% 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 JCPB?

BBIB is cheaper with a 0.04% expense ratio, compared with 0.38% for JCPB.

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

JCPB has the higher dividend yield at 4.89%, compared with 3.90% for BBIB.

What is the main difference between BBIB and JCPB?

BBIB is categorized as Government Bonds, while JCPB is Intermediate Core-Plus Bond. Their fees differ too: 0.04% for BBIB and 0.38% for JCPB.

Which has better risk-adjusted returns?

JCPB currently has the higher Sharpe Ratio (1.45 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.