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BBJP vs. IVV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

BBJP vs. IVV

Last updated Jul 26, 2026
Documentation

BBJP (JPMorgan BetaBuilders Japan ETF) and IVV (iShares Core S&P 500 ETF) are both exchange-traded funds - BBJP is a Japan Equities fund tracking the Morningstar Japan Target Market Exposure Index, while IVV is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 5 years, BBJP returned 8.67%/yr vs 12.51%/yr for IVV. Their 0.67 correlation means they have sometimes moved together and sometimes differently. BBJP charges 0.19%/yr vs 0.03%/yr for IVV.

Performance

BBJP vs. IVV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan BetaBuilders Japan ETF (BBJP) and iShares Core S&P 500 ETF (IVV). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, BBJP achieves a 11.90% return, which is significantly higher than IVV's 8.96% 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%

IVV

1D
0.10%
1M
0.80%
6M
7.81%
YTD
8.96%
1Y
17.37%
3Y*
19.07%
5Y*
12.51%
10Y*
14.93%
ALL TIME*
8.41%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

BBJP

JPMorgan BetaBuilders Japan ETF
$122.93M$111.87M$115.37M

IVV

iShares Core S&P 500 ETF
$3.37B$4.55B$5.92B

BBJP vs. IVV - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
BBJP
JPMorgan BetaBuilders Japan ETF		11.90%26.55%7.47%20.65%-17.24%1.21%15.42%18.85%-13.92%
IVV
iShares Core S&P 500 ETF		8.96%17.85%24.93%26.31%-18.16%28.76%18.40%31.07%-8.81%

Correlation

The correlation between BBJP and IVV is 0.65, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.65

Correlation (3Y)
Balances recent behavior with more history.

0.62

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.65

Correlation (All Time)
Calculated using the full available price history since Jun 18, 2018

0.67

The correlation between BBJP and IVV has been stable across timeframes, ranging from 0.62 to 0.67 - a consistent structural relationship.

BBJP vs. IVV - Sectors Allocation Comparison

Sectors
BBJP
IVV

Industrials

25.6%
8.0%

Technology

22.2%
38.4%

Financial Services

18.8%
12.0%

Consumer Cyclical

10.7%
9.2%

Healthcare

5.8%
8.9%

Communication Services

4.6%
9.8%

Basic Materials

4.1%
1.7%

Consumer Defensive

3.6%
4.5%

Real Estate

2.2%
1.9%

Utilities

1.0%
2.2%

Energy

0.9%
3.3%

Industrials

BBJP
25.6%
IVV
8.0%

Technology

BBJP
22.2%
IVV
38.4%

Financial Services

BBJP
18.8%
IVV
12.0%

Consumer Cyclical

BBJP
10.7%
IVV
9.2%

Healthcare

BBJP
5.8%
IVV
8.9%

Communication Services

BBJP
4.6%
IVV
9.8%

Basic Materials

BBJP
4.1%
IVV
1.7%

Consumer Defensive

BBJP
3.6%
IVV
4.5%

Real Estate

BBJP
2.2%
IVV
1.9%

Utilities

BBJP
1.0%
IVV
2.2%

Energy

BBJP
0.9%
IVV
3.3%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

JPMorgan BetaBuilders Japan ETF

iShares Core S&P 500 ETF

Often compared with BBJP:
BBJP vs. EWJBBJP vs. DXJBBJP vs. FLJPBBJP vs. EWJVBBJP vs. DBJPBBJP vs. VOOBBJP vs. BBAX
Often compared with IVV:
IVV vs. VOOIVV vs. SPYIVV vs. FXAIXIVV vs. QQQIVV vs. VTIIVV vs. IOOIVV vs. CSPX.L

Return for Risk

BBJP vs. IVV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
BBJP
BBJP Risk / Return Rank: 4848
Overall Rank
BBJP Sharpe Ratio Rank: 4747
Sharpe Ratio Rank
BBJP Sortino Ratio Rank: 4646
Sortino Ratio Rank
BBJP Omega Ratio Rank: 4848
Omega Ratio Rank
BBJP Calmar Ratio Rank: 4848
Calmar Ratio Rank
BBJP Martin Ratio Rank: 4848
Martin Ratio Rank
IVV
IVV Risk / Return Rank: 6161
Overall Rank
IVV Sharpe Ratio Rank: 6161
Sharpe Ratio Rank
IVV Sortino Ratio Rank: 5858
Sortino Ratio Rank
IVV Omega Ratio Rank: 5959
Omega Ratio Rank
IVV Calmar Ratio Rank: 5858
Calmar Ratio Rank
IVV Martin Ratio Rank: 7070
Martin Ratio Rank
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. IVV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders Japan ETF (BBJP) and iShares Core S&P 500 ETF (IVV). 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.

BBJPIVVDifference
Sharpe ratioReturn per unit of total volatility
1.14
1.41

-0.27

Sortino ratioReturn per unit of downside risk
1.67
1.98

-0.31

Omega ratioGain probability vs. loss probability

1.22

1.25

-0.04

Calmar ratioReturn relative to maximum drawdown

1.70

2.01

-0.32

Martin ratioReturn relative to average drawdown

5.53

8.66

-3.13

BBJP vs. IVV - Sharpe Ratio Comparison

The current BBJP Sharpe Ratio is 1.14, which is comparable to the IVV Sharpe Ratio of 1.41. The chart below compares the historical Sharpe Ratios of BBJP and IVV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

BBJP vs. IVV - Drawdown Comparison

The maximum BBJP drawdown since its inception was -32.66%, smaller than the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for BBJP and IVV.

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Drawdown Indicators

BBJPIVVDifference

Max Drawdown

Largest peak-to-trough decline

-32.66%

-55.25%

+22.59%

Max Drawdown (1Y)

Largest decline over 1 year

-13.60%

-8.89%

-4.71%

Max Drawdown (3Y)

Largest decline over 3 years

-14.49%

-18.75%

+4.26%

Max Drawdown (5Y)

Largest decline over 5 years

-32.66%

-24.53%

-8.13%

Max Drawdown (10Y)

Largest decline over 10 years

—

-33.90%

—

Current Drawdown

Current decline from peak

-5.62%

-2.45%

-3.17%

Average Drawdown

Average peak-to-trough decline

-8.43%

-10.73%

+2.30%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.19%

2.06%

+2.13%

Volatility

BBJP vs. IVV - Volatility Comparison

JPMorgan BetaBuilders Japan ETF (BBJP) has a higher volatility of 5.94% compared to iShares Core S&P 500 ETF (IVV) at 3.42%. This indicates that BBJP's price experiences larger fluctuations and is considered to be riskier than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

BBJPIVVDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.94%

3.42%

+2.52%

Volatility (6M)

Calculated over the trailing 6-month period

16.84%

9.93%

+6.91%

Volatility (1Y)

Calculated over the trailing 1-year period

20.22%

12.69%

+7.53%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.45%

16.98%

+1.47%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.41%

18.05%

+0.36%

BBJP vs. IVV - Expense Ratio Comparison

BBJP has a 0.19% expense ratio, which is higher than IVV's 0.03% 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. IVV - Dividend Comparison

BBJP's dividend yield for the trailing twelve months is around 4.80%, more than IVV's 1.10% yield.

PositionTTM20252024202320222021202020192018201720162015
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%
IVV
iShares Core S&P 500 ETF		1.10%1.17%1.30%1.44%1.66%1.20%1.57%1.85%2.21%1.75%2.01%2.27%

Frequently Asked Questions

BBJP and IVV have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

BBJP has higher volatility (5.94%) compared to IVV (3.42%). In terms of maximum drawdown, BBJP dropped -32.66% vs IVV's -55.25%.

On 5-year performance, IVV leads with 12.51% vs 8.67% for BBJP. On fees, IVV is cheaper at 0.03% per year. On volatility, IVV has been the lower-risk option at 3.42%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, IVV has performed better with a 12.51% return vs 8.67%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

IVV is cheaper with a 0.03% expense ratio, compared with 0.19% for BBJP.

BBJP has the higher dividend yield at 4.80%, compared with 1.10% for IVV.

BBJP is categorized as Japan Equities, while IVV is S&P 500. BBJP tracks Morningstar Japan Target Market Exposure Index, while IVV tracks S&P 500 Index. They also come from different issuers: JPMorgan and iShares. Their fees differ too: 0.19% for BBJP and 0.03% for IVV.

IVV currently has the higher Sharpe Ratio (1.41 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.

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