BBIN vs. VEU

Last updated Jun 25, 2026

BBIN (JPMorgan BetaBuilders International Equity ETF) and VEU (Vanguard FTSE All-World ex-US ETF) are both Foreign Large Cap Equities funds - BBIN tracks the Morningstar Developed Markets ex-North America Target Market Exposure Index while VEU tracks the FTSE All-World ex US Index. Both are passively managed. Over the past 5 years, BBIN returned 8.56%/yr vs 8.49%/yr for VEU. With a 0.96 correlation, they move nearly in lockstep. BBIN charges 0.07%/yr vs 0.04%/yr for VEU.

Performance

BBIN vs. VEU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan BetaBuilders International Equity ETF (BBIN) and Vanguard FTSE All-World ex-US ETF (VEU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BBIN achieves a 8.04% return, which is significantly lower than VEU's 12.88% return.

BBIN

• 1D: -0.21%
• 1M: -0.28%
• YTD: 8.04%
• 6M: 7.27%
• 1Y: 20.14%
• 3Y*: 16.63%
• 5Y*: 8.56%
• 10Y*: —

VEU

• 1D: -0.12%
• 1M: 0.57%
• YTD: 12.88%
• 6M: 12.60%
• 1Y: 27.99%
• 3Y*: 19.21%
• 5Y*: 8.49%
• 10Y*: 10.38%

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

BBIN vs. VEU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
BBIN JPMorgan BetaBuilders International Equity ETF	8.04%	31.86%	3.65%	18.54%	-14.29%	11.74%	7.91%	3.13%
VEU Vanguard FTSE All-World ex-US ETF	12.88%	32.35%	5.56%	15.84%	-15.58%	8.27%	11.10%	4.07%

Correlation

The correlation between BBIN and VEU is 0.95, 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	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.95
Correlation (5Y) Calculated over the trailing 5-year period	0.96
Correlation (All Time) Calculated using the full available price history since Dec 5, 2019	0.96

The correlation between BBIN and VEU has been stable across timeframes, ranging from 0.95 to 0.96 - a consistent structural relationship.

BBIN vs. VEU - Sectors Allocation Comparison

Sectors	BBIN	VEU
Financial Services	24.7%	22.6%
Industrials	19.4%	15.0%
Technology	11.0%	21.6%
Healthcare	10.4%	6.7%
Consumer Cyclical	7.8%	8.0%
Consumer Defensive	6.8%	4.9%
Basic Materials	6.3%	7.1%
Communication Services	4.4%	4.5%
Energy	3.9%	4.7%
Utilities	3.6%	3.0%
Real Estate	1.8%	1.9%

Return for Risk

BBIN vs. VEU — Risk / Return Rank

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

BBIN

BBIN Risk / Return Rank: 40
BBIN Sharpe Ratio Rank: 39
BBIN Sortino Ratio Rank: 39
BBIN Omega Ratio Rank: 38
BBIN Calmar Ratio Rank: 38
BBIN Martin Ratio Rank: 44

VEU

VEU Risk / Return Rank: 56
VEU Sharpe Ratio Rank: 56
VEU Sortino Ratio Rank: 54
VEU Omega Ratio Rank: 57
VEU Calmar Ratio Rank: 56
VEU Martin Ratio Rank: 58

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.

BBIN vs. VEU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders International Equity ETF (BBIN) and Vanguard FTSE All-World ex-US ETF (VEU). 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.

	BBIN	VEU	Difference
Sharpe ratio: Return per unit of total volatility	1.27	1.72	-0.45
Sortino ratio: Return per unit of downside risk	1.86	2.37	-0.51
Omega ratio: Gain probability vs. loss probability	1.23	1.32	-0.09
Calmar ratio: Return relative to maximum drawdown	1.75	2.46	-0.71
Martin ratio: Return relative to average drawdown	6.45	9.40	-2.95

BBIN vs. VEU - Sharpe Ratio Comparison

The current BBIN Sharpe Ratio is 1.27, which is comparable to the VEU Sharpe Ratio of 1.72. The chart below compares the historical Sharpe Ratios of BBIN and VEU, 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

BBIN vs. VEU - Drawdown Comparison

The maximum BBIN drawdown since its inception was -33.37%, smaller than the maximum VEU drawdown of -61.52%. Use the drawdown chart below to compare losses from any high point for BBIN and VEU.

Drawdown Indicators

	BBIN	VEU	Difference
Max Drawdown Largest peak-to-trough decline	-33.37%	-61.52%	+28.15%
Max Drawdown (1Y) Largest decline over 1 year	-11.57%	-11.43%	-0.14%
Max Drawdown (3Y) Largest decline over 3 years	-13.98%	-13.69%	-0.29%
Max Drawdown (5Y) Largest decline over 5 years	-29.24%	-29.14%	-0.10%
Max Drawdown (10Y) Largest decline over 10 years	—	-34.98%	—
Current Drawdown Current decline from peak	-2.32%	-3.18%	+0.86%
Average Drawdown Average peak-to-trough decline	-6.26%	-13.10%	+6.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.13%	2.99%	+0.14%

Volatility

BBIN vs. VEU - Volatility Comparison

The current volatility for JPMorgan BetaBuilders International Equity ETF (BBIN) is 5.13%, while Vanguard FTSE All-World ex-US ETF (VEU) has a volatility of 7.10%. This indicates that BBIN experiences smaller price fluctuations and is considered to be less risky than VEU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BBIN	VEU	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.13%	7.10%	-1.97%
Volatility (6M) Calculated over the trailing 6-month period	13.48%	14.46%	-0.98%
Volatility (1Y) Calculated over the trailing 1-year period	16.04%	16.43%	-0.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.66%	16.29%	+0.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.13%	17.08%	+2.05%

BBIN vs. VEU - Expense Ratio Comparison

BBIN has a 0.07% expense ratio, which is higher than VEU's 0.04% 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

BBIN vs. VEU - Dividend Comparison

BBIN's dividend yield for the trailing twelve months is around 3.73%, more than VEU's 2.57% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BBIN JPMorgan BetaBuilders International Equity ETF	3.73%	3.87%	3.41%	3.20%	2.83%	3.54%	1.07%	0.09%	0.00%	0.00%	0.00%	0.00%
VEU Vanguard FTSE All-World ex-US ETF	2.57%	3.09%	3.24%	3.32%	3.12%	3.08%	2.00%	3.10%	3.27%	2.66%	2.96%	2.95%

Frequently Asked Questions

Can I hold both BBIN and VEU in my portfolio?

With a correlation of 0.95, BBIN and VEU 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, BBIN or VEU?

VEU has higher volatility (7.10%) compared to BBIN (5.13%). In terms of maximum drawdown, BBIN dropped -33.37% vs VEU's -61.52%.

Which ETF is better, BBIN or VEU?

On 5-year performance, BBIN leads with 8.56% vs 8.49% for VEU. On fees, VEU is cheaper at 0.04% per year. On volatility, BBIN has been the lower-risk option at 5.13%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BBIN or VEU?

Over the 5-year period, BBIN has performed better with a 8.56% return vs 8.49%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BBIN or VEU?

VEU is cheaper with a 0.04% expense ratio, compared with 0.07% for BBIN.

Which ETF pays a higher dividend yield, BBIN or VEU?

BBIN has the higher dividend yield at 3.73%, compared with 2.57% for VEU.

What is the main difference between BBIN and VEU?

BBIN tracks Morningstar Developed Markets ex-North America Target Market Exposure Index, while VEU tracks FTSE All-World ex US Index. They also come from different issuers: JPMorgan and Vanguard. Their fees differ too: 0.07% for BBIN and 0.04% for VEU.

Which has better risk-adjusted returns?

VEU currently has the higher Sharpe Ratio (1.72 vs 1.27), 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.