BBJP vs. JTEK

Last updated Aug 5, 2026

BBJP (JPMorgan BetaBuilders Japan ETF) and JTEK (JPMorgan U.S. Tech Leaders ETF) are both exchange-traded funds - BBJP is a Japan Equities fund tracking the Morningstar Japan Target Market Exposure Index, while JTEK is a Technology Equities fund actively managed by JPMorgan. BBJP is passively managed, while JTEK is actively managed. Over the past year, BBJP returned 29.34% vs 19.44% for JTEK. Their 0.55 correlation means they have sometimes moved together and sometimes differently. BBJP charges 0.19%/yr vs 0.65%/yr for JTEK.

Performance

BBJP vs. JTEK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan BetaBuilders Japan ETF (BBJP) and JPMorgan U.S. Tech Leaders ETF (JTEK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BBJP achieves a 15.79% return, which is significantly higher than JTEK's 12.11% return.

BBJP

• 1D: 1.79%
• 1M: 1.46%
• 6M: 7.86%
• YTD: 15.79%
• 1Y: 29.34%
• 3Y*: 18.33%
• 5Y*: 9.40%
• 10Y*: —
• ALL TIME*: 8.07%

JTEK

• 1D: 4.04%
• 1M: -2.56%
• 6M: 17.78%
• YTD: 12.11%
• 1Y: 19.44%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 28.46%

*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	$134.10M	$105.88M	$113.31M
JTEK JPMorgan U.S. Tech Leaders ETF	$31.60M	$34.29M	$30.79M

BBJP vs. JTEK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
BBJP JPMorgan BetaBuilders Japan ETF	15.79%	26.55%	7.47%	11.95%
JTEK JPMorgan U.S. Tech Leaders ETF	12.11%	19.03%	28.69%	18.31%

Correlation

The correlation between BBJP and JTEK is 0.60, 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.	0.60
Correlation (All Time) Calculated using the full available price history since Oct 5, 2023	0.55

The correlation between BBJP and JTEK has been stable across timeframes, ranging from 0.55 to 0.60 - a consistent structural relationship.

BBJP vs. JTEK - Sectors Allocation Comparison

Sectors	BBJP	JTEK
Industrials	25.8%	3.5%
Technology	21.5%	74.6%
Financial Services	19.9%	4.6%
Consumer Cyclical	10.5%	4.8%
Healthcare	5.8%	1.6%
Communication Services	4.5%	10.9%
Basic Materials	3.9%	-
Consumer Defensive	3.6%	0.7%
Real Estate	2.1%	1.0%
Utilities	1.0%	-
Energy	0.9%	0.2%

Return for Risk

BBJP vs. JTEK — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BBJP

BBJP Risk / Return Rank: 53
BBJP Sharpe Ratio Rank: 52
BBJP Sortino Ratio Rank: 52
BBJP Omega Ratio Rank: 53
BBJP Calmar Ratio Rank: 54
BBJP Martin Ratio Rank: 53

JTEK

JTEK Risk / Return Rank: 26
JTEK Sharpe Ratio Rank: 26
JTEK Sortino Ratio Rank: 26
JTEK Omega Ratio Rank: 25
JTEK Calmar Ratio Rank: 26
JTEK Martin Ratio Rank: 26

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BBJP vs. JTEK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders Japan ETF (BBJP) and JPMorgan U.S. Tech Leaders ETF (JTEK). 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	JTEK	Difference
Sharpe ratio: Return per unit of total volatility	1.43	0.66	+0.76
Sortino ratio: Return per unit of downside risk	2.05	1.06	+0.99
Omega ratio: Gain probability vs. loss probability	1.27	1.13	+0.14
Calmar ratio: Return relative to maximum drawdown	2.17	0.89	+1.28
Martin ratio: Return relative to average drawdown	6.92	2.30	+4.62

BBJP vs. JTEK - Sharpe Ratio Comparison

The current BBJP Sharpe Ratio is 1.43, which is higher than the JTEK Sharpe Ratio of 0.66. The chart below compares the historical Sharpe Ratios of BBJP and JTEK, 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. JTEK - Drawdown Comparison

The maximum BBJP drawdown since its inception was -32.66%, which is greater than JTEK's maximum drawdown of -30.61%. Use the drawdown chart below to compare losses from any high point for BBJP and JTEK.

Drawdown Indicators

	BBJP	JTEK	Difference
Max Drawdown Largest peak-to-trough decline	-32.66%	-30.61%	-2.05%
Max Drawdown (1Y) Largest decline over 1 year	-13.60%	-22.02%	+8.42%
Max Drawdown (3Y) Largest decline over 3 years	-14.49%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-32.66%	—	—
Current Drawdown Current decline from peak	-2.33%	-9.47%	+7.14%
Average Drawdown Average peak-to-trough decline	-8.42%	-5.73%	-2.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.25%	8.46%	-4.21%

Volatility

BBJP vs. JTEK - Volatility Comparison

The current volatility for JPMorgan BetaBuilders Japan ETF (BBJP) is 7.47%, while JPMorgan U.S. Tech Leaders ETF (JTEK) has a volatility of 11.52%. This indicates that BBJP experiences smaller price fluctuations and is considered to be less risky than JTEK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BBJP	JTEK	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.47%	11.52%	-4.05%
Volatility (6M) Calculated over the trailing 6-month period	17.48%	24.91%	-7.43%
Volatility (1Y) Calculated over the trailing 1-year period	20.71%	29.59%	-8.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.57%	28.63%	-10.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.47%	28.63%	-10.16%

BBJP vs. JTEK - Expense Ratio Comparison

BBJP has a 0.19% expense ratio, which is lower than JTEK's 0.65% expense ratio.

Dividends

BBJP vs. JTEK - Dividend Comparison

BBJP's dividend yield for the trailing twelve months is around 4.63%, while JTEK has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BBJP JPMorgan BetaBuilders Japan ETF	4.63%	5.37%	2.80%	3.05%	1.52%	2.89%	1.12%	2.31%	0.65%
JTEK JPMorgan U.S. Tech Leaders ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BBJP and JTEK in my portfolio?

BBJP and JTEK have a correlation of 0.60, 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 JTEK?

JTEK has higher volatility (11.52%) compared to BBJP (7.47%). In terms of maximum drawdown, BBJP dropped -32.66% vs JTEK's -30.61%.

Which ETF is better, BBJP or JTEK?

On 1-year performance, BBJP leads with 29.34% vs 19.44% for JTEK. On fees, BBJP is cheaper at 0.19% per year. On volatility, BBJP has been the lower-risk option at 7.47%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BBJP or JTEK?

Over the 1-year period, BBJP has performed better with a 29.34% return vs 19.44%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BBJP or JTEK?

BBJP is cheaper with a 0.19% expense ratio, compared with 0.65% for JTEK.

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

BBJP has the higher dividend yield at 4.63%, compared with 0.00% for JTEK.

What is the main difference between BBJP and JTEK?

BBJP is categorized as Japan Equities, while JTEK is Technology Equities. Their fees differ too: 0.19% for BBJP and 0.65% for JTEK.

Which has better risk-adjusted returns?

BBJP currently has the higher Sharpe Ratio (1.43 vs 0.66), 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.