BBJP vs. DGRO

Last updated Jul 26, 2026

BBJP (JPMorgan BetaBuilders Japan ETF) and DGRO (iShares Core Dividend Growth ETF) are both exchange-traded funds - BBJP is a Japan Equities fund tracking the Morningstar Japan Target Market Exposure Index, while DGRO is a Large Cap Growth Equities fund tracking the Morningstar US Dividend Growth Index. Both are passively managed. Over the past 5 years, BBJP returned 8.67%/yr vs 11.10%/yr for DGRO. Their 0.62 correlation means they have sometimes moved together and sometimes differently. BBJP charges 0.19%/yr vs 0.08%/yr for DGRO.

Performance

BBJP vs. DGRO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan BetaBuilders Japan ETF (BBJP) and iShares Core Dividend Growth ETF (DGRO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BBJP achieves a 11.90% return, which is significantly lower than DGRO's 13.15% return.

BBJP

• 1D: 0.19%
• 1M: -2.16%
• 6M: 6.85%
• YTD: 11.90%
• 1Y: 24.42%
• 3Y*: 16.52%
• 5Y*: 8.67%
• 10Y*: —
• ALL TIME*: 7.64%

DGRO

• 1D: 0.83%
• 1M: 3.14%
• 6M: 10.33%
• YTD: 13.15%
• 1Y: 20.83%
• 3Y*: 16.11%
• 5Y*: 11.10%
• 10Y*: 13.29%
• ALL TIME*: 12.47%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BBJP JPMorgan BetaBuilders Japan ETF	$122.93M	$111.87M	$115.37M
DGRO iShares Core Dividend Growth ETF	$96.40M	$101.84M	$109.07M

BBJP vs. DGRO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
BBJP JPMorgan BetaBuilders Japan ETF	11.90%	26.55%	7.47%	20.65%	-17.24%	1.21%	15.42%	18.85%	-13.92%
DGRO iShares Core Dividend Growth ETF	13.15%	15.69%	16.62%	10.47%	-7.91%	26.64%	9.50%	29.87%	-4.48%

Correlation

The correlation between BBJP and DGRO is 0.45, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.45
Correlation (3Y) Balances recent behavior with more history.	0.50
Correlation (5Y) Shows whether the relationship held over a longer period.	0.58
Correlation (All Time) Calculated using the full available price history since Jun 18, 2018	0.62

The correlation between BBJP and DGRO shifts across timeframes, from 0.45 (1 year) to 0.62 (all time), reflecting how their relationship changes across market environments.

BBJP vs. DGRO - Sectors Allocation Comparison

Sectors	BBJP	DGRO
Industrials	25.6%	11.3%
Technology	22.2%	17.3%
Financial Services	18.8%	20.4%
Consumer Cyclical	10.7%	6.5%
Healthcare	5.8%	17.9%
Communication Services	4.6%	0.1%
Basic Materials	4.1%	2.5%
Consumer Defensive	3.6%	11.9%
Real Estate	2.2%	-
Utilities	1.0%	7.3%
Energy	0.9%	4.8%

Return for Risk

BBJP vs. DGRO — Risk / Return Rank

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

BBJP

BBJP Risk / Return Rank: 48
BBJP Sharpe Ratio Rank: 47
BBJP Sortino Ratio Rank: 46
BBJP Omega Ratio Rank: 48
BBJP Calmar Ratio Rank: 48
BBJP Martin Ratio Rank: 48

DGRO

DGRO Risk / Return Rank: 89
DGRO Sharpe Ratio Rank: 91
DGRO Sortino Ratio Rank: 92
DGRO Omega Ratio Rank: 90
DGRO Calmar Ratio Rank: 85
DGRO Martin Ratio Rank: 87

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.

BBJP vs. DGRO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders Japan ETF (BBJP) and iShares Core Dividend Growth ETF (DGRO). 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.

	BBJP	DGRO	Difference
Sharpe ratio: Return per unit of total volatility	1.14	2.25	-1.10
Sortino ratio: Return per unit of downside risk	1.67	3.28	-1.61
Omega ratio: Gain probability vs. loss probability	1.22	1.41	-0.19
Calmar ratio: Return relative to maximum drawdown	1.70	3.30	-1.60
Martin ratio: Return relative to average drawdown	5.53	12.72	-7.19

BBJP vs. DGRO - Sharpe Ratio Comparison

The current BBJP Sharpe Ratio is 1.14, which is lower than the DGRO Sharpe Ratio of 2.25. The chart below compares the historical Sharpe Ratios of BBJP and DGRO, 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

BBJP vs. DGRO - Drawdown Comparison

The maximum BBJP drawdown since its inception was -32.66%, smaller than the maximum DGRO drawdown of -35.10%. Use the drawdown chart below to compare losses from any high point for BBJP and DGRO.

Drawdown Indicators

	BBJP	DGRO	Difference
Max Drawdown Largest peak-to-trough decline	-32.66%	-35.10%	+2.44%
Max Drawdown (1Y) Largest decline over 1 year	-13.60%	-6.47%	-7.13%
Max Drawdown (3Y) Largest decline over 3 years	-14.49%	-14.03%	-0.46%
Max Drawdown (5Y) Largest decline over 5 years	-32.66%	-19.31%	-13.35%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.10%	—
Current Drawdown Current decline from peak	-5.62%	0.00%	-5.62%
Average Drawdown Average peak-to-trough decline	-8.43%	-3.41%	-5.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.19%	1.68%	+2.51%

Volatility

BBJP vs. DGRO - Volatility Comparison

JPMorgan BetaBuilders Japan ETF (BBJP) has a higher volatility of 5.94% compared to iShares Core Dividend Growth ETF (DGRO) at 2.81%. This indicates that BBJP's price experiences larger fluctuations and is considered to be riskier than DGRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BBJP	DGRO	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.94%	2.81%	+3.13%
Volatility (6M) Calculated over the trailing 6-month period	16.84%	6.96%	+9.88%
Volatility (1Y) Calculated over the trailing 1-year period	20.22%	9.52%	+10.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.45%	13.78%	+4.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.41%	16.57%	+1.84%

BBJP vs. DGRO - Expense Ratio Comparison

BBJP has a 0.19% expense ratio, which is higher than DGRO's 0.08% 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

BBJP vs. DGRO - Dividend Comparison

BBJP's dividend yield for the trailing twelve months is around 4.80%, more than DGRO's 1.90% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BBJP JPMorgan BetaBuilders Japan ETF	4.80%	5.37%	2.80%	3.05%	1.52%	2.89%	1.12%	2.31%	0.65%	0.00%	0.00%	0.00%
DGRO iShares Core Dividend Growth ETF	1.90%	2.09%	2.26%	2.45%	2.34%	1.93%	2.30%	2.21%	2.44%	2.03%	2.27%	2.52%

Frequently Asked Questions

Can I hold both BBJP and DGRO in my portfolio?

BBJP and DGRO have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BBJP or DGRO?

BBJP has higher volatility (5.94%) compared to DGRO (2.81%). In terms of maximum drawdown, BBJP dropped -32.66% vs DGRO's -35.10%.

Which ETF is better, BBJP or DGRO?

On 5-year performance, DGRO leads with 11.10% vs 8.67% for BBJP. On fees, DGRO is cheaper at 0.08% per year. On volatility, DGRO has been the lower-risk option at 2.81%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BBJP or DGRO?

Over the 5-year period, DGRO has performed better with a 11.10% return vs 8.67%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BBJP or DGRO?

DGRO is cheaper with a 0.08% expense ratio, compared with 0.19% for BBJP.

Which ETF pays a higher dividend yield, BBJP or DGRO?

BBJP has the higher dividend yield at 4.80%, compared with 1.90% for DGRO.

What is the main difference between BBJP and DGRO?

BBJP is categorized as Japan Equities, while DGRO is Large Cap Growth Equities. BBJP tracks Morningstar Japan Target Market Exposure Index, while DGRO tracks Morningstar US Dividend Growth Index. They also come from different issuers: JPMorgan and iShares. Their fees differ too: 0.19% for BBJP and 0.08% for DGRO.

Which has better risk-adjusted returns?

DGRO currently has the higher Sharpe Ratio (2.25 vs 1.14), 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.