BBIB vs. TIP
Compare and contrast key facts about Jpmorgan Betabuilders U.S. Treasury Bond 3-10 Year ETF (BBIB) and iShares TIPS Bond ETF (TIP).
BBIB and TIP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BBIB is a passively managed fund by JPMorgan that tracks the performance of the ICE BofA US Treasury Bond (3-10 Y). It was launched on Apr 19, 2023. TIP is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. Treasury Inflation Protected Securities (TIPS) Index (Series-L). It was launched on Dec 4, 2003. Both BBIB and TIP 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: BBIB or TIP.
Key characteristics
| BBIB | TIP | |
|---|---|---|
| YTD Return | 4.80% | 5.14% |
| 1Y Return | 9.17% | 8.22% |
| Sharpe Ratio | 1.71 | 1.55 |
| Daily Std Dev | 5.38% | 5.46% |
| Max Drawdown | -6.36% | -14.56% |
| Current Drawdown | -0.15% | -4.74% |
Correlation
The correlation between BBIB and TIP is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
BBIB vs. TIP - Performance Comparison
In the year-to-date period, BBIB achieves a 4.80% return, which is significantly lower than TIP's 5.14% 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.
BBIB vs. TIP - Expense Ratio Comparison
BBIB has a 0.07% expense ratio, which is lower than TIP's 0.19% expense ratio. Despite the difference, 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
BBIB vs. TIP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Jpmorgan Betabuilders U.S. Treasury Bond 3-10 Year ETF (BBIB) and iShares TIPS Bond ETF (TIP). 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
BBIB vs. TIP - Dividend Comparison
BBIB's dividend yield for the trailing twelve months is around 3.83%, more than TIP's 2.71% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BBIB Jpmorgan Betabuilders U.S. Treasury Bond 3-10 Year ETF | 3.83% | 2.69% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TIP iShares TIPS Bond ETF | 2.71% | 2.73% | 6.96% | 4.28% | 1.17% | 1.75% | 2.71% | 2.07% | 1.48% | 0.34% | 1.67% | 1.15% |
Drawdowns
BBIB vs. TIP - Drawdown Comparison
The maximum BBIB drawdown since its inception was -6.36%, smaller than the maximum TIP drawdown of -14.56%. Use the drawdown chart below to compare losses from any high point for BBIB and TIP. For additional features, visit the drawdowns tool.
Volatility
BBIB vs. TIP - Volatility Comparison
Jpmorgan Betabuilders U.S. Treasury Bond 3-10 Year ETF (BBIB) and iShares TIPS Bond ETF (TIP) have volatilities of 0.99% and 0.99%, 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.