BBIL.L vs. J13U.L

Last updated Jun 5, 2026

BBIL.L (JPM BetaBuilders US Treasury Bond 0-1 yr UCITS ETF USD Acc) and J13U.L (JPMorgan BetaBuilders US Treasury Bond 1-3 yr UCITS ETF - USD (Acc)) are both exchange-traded funds - BBIL.L is a Short-Term Bond fund tracking the ICE BofA 0-1Y US Treasury TR USD, while J13U.L is a Government Bonds fund tracking the J.P. Morgan Government Bond US 1-3 Index. Both are passively managed. Over the past 5 years, BBIL.L returned 3.35%/yr vs 1.79%/yr for J13U.L. At a 0.08 correlation, their price movements are largely independent. BBIL.L charges 0.10%/yr vs 0.07%/yr for J13U.L.

Performance

BBIL.L vs. J13U.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPM BetaBuilders US Treasury Bond 0-1 yr UCITS ETF USD Acc (BBIL.L) and JPMorgan BetaBuilders US Treasury Bond 1-3 yr UCITS ETF - USD (Acc) (J13U.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

BBIL.L is traded in USD, while J13U.L is traded in GBP. To make them comparable, the J13U.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, BBIL.L achieves a 1.43% return, which is significantly higher than J13U.L's 0.38% return.

BBIL.L

• 1D: -0.02%
• 1M: 0.24%
• YTD: 1.43%
• 6M: 1.74%
• 1Y: 3.90%
• 3Y*: 4.66%
• 5Y*: 3.35%
• 10Y*: —

J13U.L

• 1D: 0.13%
• 1M: 0.23%
• YTD: 0.38%
• 6M: 0.95%
• 1Y: 3.34%
• 3Y*: 4.06%
• 5Y*: 1.79%
• 10Y*: —

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

BBIL.L vs. J13U.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
BBIL.L JPM BetaBuilders US Treasury Bond 0-1 yr UCITS ETF USD Acc	1.43%	4.31%	5.16%	4.90%	1.08%	-0.03%	0.75%	0.92%
J13U.L JPMorgan BetaBuilders US Treasury Bond 1-3 yr UCITS ETF - USD (Acc)	0.38%	5.40%	3.96%	3.54%	-3.82%	-0.28%	2.73%	1.62%

Correlation

The correlation between BBIL.L and J13U.L is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.12
Correlation (3Y) Calculated over the trailing 3-year period	0.09
Correlation (5Y) Calculated over the trailing 5-year period	0.10
Correlation (All Time) Calculated using the full available price history since Jul 17, 2019	0.08

Return for Risk

BBIL.L vs. J13U.L — Risk / Return Rank

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

BBIL.L

BBIL.L Risk / Return Rank: 99
BBIL.L Sharpe Ratio Rank: 99
BBIL.L Sortino Ratio Rank: 99
BBIL.L Omega Ratio Rank: 99
BBIL.L Calmar Ratio Rank: 99
BBIL.L Martin Ratio Rank: 99

J13U.L

J13U.L Risk / Return Rank: 21
J13U.L Sharpe Ratio Rank: 21
J13U.L Sortino Ratio Rank: 21
J13U.L Omega Ratio Rank: 20
J13U.L Calmar Ratio Rank: 22
J13U.L Martin Ratio Rank: 21

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.

BBIL.L vs. J13U.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPM BetaBuilders US Treasury Bond 0-1 yr UCITS ETF USD Acc (BBIL.L) and JPMorgan BetaBuilders US Treasury Bond 1-3 yr UCITS ETF - USD (Acc) (J13U.L). 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.

	BBIL.L	J13U.L	Difference
Sharpe ratio: Return per unit of total volatility	9.40	0.79	+8.61
Sortino ratio: Return per unit of downside risk	21.02	1.19	+19.83
Omega ratio: Gain probability vs. loss probability	4.45	1.14	+3.31
Calmar ratio: Return relative to maximum drawdown	53.35	2.91	+50.44
Martin ratio: Return relative to average drawdown	278.46	8.70	+269.76
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BBIL.L vs. J13U.L - Sharpe Ratio Comparison

The current BBIL.L Sharpe Ratio is 9.40, which is higher than the J13U.L Sharpe Ratio of 0.79. The chart below compares the historical Sharpe Ratios of BBIL.L and J13U.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BBIL.L	J13U.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	9.40	0.79	+8.61
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	8.68	0.35	+8.32
Sharpe Ratio (All Time) Calculated using the full available price history	7.40	0.44	+6.97

Drawdowns

BBIL.L vs. J13U.L - Drawdown Comparison

The maximum BBIL.L drawdown since its inception was -0.29%, smaller than the maximum J13U.L drawdown of -7.29%. Use the drawdown chart below to compare losses from any high point for BBIL.L and J13U.L.

Drawdown Indicators

	BBIL.L	J13U.L	Difference
Max Drawdown Largest peak-to-trough decline	-0.29%	-7.29%	+7.00%
Max Drawdown (1Y) Largest decline over 1 year	-0.07%	-1.14%	+1.07%
Max Drawdown (3Y) Largest decline over 3 years	-0.10%	-1.56%	+1.46%
Max Drawdown (5Y) Largest decline over 5 years	-0.24%	-6.93%	+6.69%
Current Drawdown Current decline from peak	-0.02%	-0.43%	+0.41%
Average Drawdown Average peak-to-trough decline	-0.03%	-1.48%	+1.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.01%	0.38%	-0.37%

Volatility

BBIL.L vs. J13U.L - Volatility Comparison

The current volatility for JPM BetaBuilders US Treasury Bond 0-1 yr UCITS ETF USD Acc (BBIL.L) is 0.14%, while JPMorgan BetaBuilders US Treasury Bond 1-3 yr UCITS ETF - USD (Acc) (J13U.L) has a volatility of 1.41%. This indicates that BBIL.L experiences smaller price fluctuations and is considered to be less risky than J13U.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BBIL.L	J13U.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.14%	1.41%	-1.27%
Volatility (6M) Calculated over the trailing 6-month period	0.32%	3.41%	-3.09%
Volatility (1Y) Calculated over the trailing 1-year period	0.42%	4.20%	-3.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.39%	5.06%	-4.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.36%	5.12%	-4.76%

BBIL.L vs. J13U.L - Expense Ratio Comparison

BBIL.L has a 0.10% expense ratio, which is higher than J13U.L's 0.07% 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%.

Dividends

BBIL.L vs. J13U.L - Dividend Comparison

Neither BBIL.L nor J13U.L has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BBIL.L JPM BetaBuilders US Treasury Bond 0-1 yr UCITS ETF USD Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
J13U.L JPMorgan BetaBuilders US Treasury Bond 1-3 yr UCITS ETF - USD (Acc)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.18%

Frequently Asked Questions

Can I hold both BBIL.L and J13U.L in my portfolio?

BBIL.L and J13U.L have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BBIL.L or J13U.L?

On fees, J13U.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BBIL.L or J13U.L?

J13U.L is cheaper with a 0.07% expense ratio, compared with 0.10% for BBIL.L.

What is the main difference between BBIL.L and J13U.L?

BBIL.L is categorized as Short-Term Bond, while J13U.L is Government Bonds. BBIL.L tracks ICE BofA 0-1Y US Treasury TR USD, while J13U.L tracks J.P. Morgan Government Bond US 1-3 Index. They also come from different issuers: J.P. Morgan and JPMorgan. Their fees differ too: 0.10% for BBIL.L and 0.07% for J13U.L.