BBJP vs. MJSC

Last updated Jun 25, 2026

BBJP (JPMorgan BetaBuilders Japan ETF) and MJSC (MUFG Japan Small Cap Active ETF) are both Japan Equities funds. BBJP is passively managed, while MJSC is actively managed. Their correlation of 0.84 suggests significant overlap in exposure. BBJP charges 0.19%/yr vs 0.85%/yr for MJSC.

Performance

BBJP vs. MJSC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan BetaBuilders Japan ETF (BBJP) and MUFG Japan Small Cap Active ETF (MJSC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BBJP achieves a 13.46% return, which is significantly lower than MJSC's 22.57% return.

BBJP

• 1D: -0.16%
• 1M: 0.39%
• YTD: 13.46%
• 6M: 13.18%
• 1Y: 31.39%
• 3Y*: 18.14%
• 5Y*: 8.80%
• 10Y*: —

MJSC

• 1D: 0.40%
• 1M: -0.12%
• YTD: 22.57%
• 6M: 21.81%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BBJP vs. MJSC - Yearly Performance Comparison

	2026 (YTD)	2025
BBJP JPMorgan BetaBuilders Japan ETF	13.46%	3.29%
MJSC MUFG Japan Small Cap Active ETF	22.57%	-0.05%

Correlation

The correlation between BBJP and MJSC is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 17, 2025	0.84

Return for Risk

BBJP vs. MJSC — Risk / Return Rank

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

BBJP

BBJP Risk / Return Rank: 50
BBJP Sharpe Ratio Rank: 49
BBJP Sortino Ratio Rank: 49
BBJP Omega Ratio Rank: 51
BBJP Calmar Ratio Rank: 52
BBJP Martin Ratio Rank: 50

MJSC

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. MJSC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders Japan ETF (BBJP) and MUFG Japan Small Cap Active ETF (MJSC). 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	MJSC	Difference
Sharpe ratio: Return per unit of total volatility	1.55	—	—
Sortino ratio: Return per unit of downside risk	2.20	—	—
Omega ratio: Gain probability vs. loss probability	1.29	—	—
Calmar ratio: Return relative to maximum drawdown	2.32	—	—
Martin ratio: Return relative to average drawdown	7.71	—	—

Drawdowns

BBJP vs. MJSC - Drawdown Comparison

The maximum BBJP drawdown since its inception was -32.66%, which is greater than MJSC's maximum drawdown of -12.63%. Use the drawdown chart below to compare losses from any high point for BBJP and MJSC.

Drawdown Indicators

	BBJP	MJSC	Difference
Max Drawdown Largest peak-to-trough decline	-32.66%	-12.63%	-20.03%
Max Drawdown (1Y) Largest decline over 1 year	-13.60%	—	—
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	-4.30%	-3.05%	-1.25%
Average Drawdown Average peak-to-trough decline	-8.48%	-2.94%	-5.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.08%	—	—

Volatility

Volatility by Period

	BBJP	MJSC	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.46%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.37%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	20.43%	20.80%	-0.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.37%	20.80%	-2.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.39%	20.80%	-2.41%

BBJP vs. MJSC - Expense Ratio Comparison

BBJP has a 0.19% expense ratio, which is lower than MJSC's 0.85% expense ratio.

Dividends

BBJP vs. MJSC - Dividend Comparison

BBJP's dividend yield for the trailing twelve months is around 4.73%, more than MJSC's 0.53% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BBJP JPMorgan BetaBuilders Japan ETF	4.73%	5.37%	2.80%	3.05%	1.52%	2.89%	1.12%	2.31%	0.65%
MJSC MUFG Japan Small Cap Active ETF	0.53%	0.66%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BBJP and MJSC in my portfolio?

BBJP and MJSC have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BBJP or MJSC?

On fees, BBJP is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BBJP or MJSC?

BBJP is cheaper with a 0.19% expense ratio, compared with 0.85% for MJSC.

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

BBJP has the higher dividend yield at 4.73%, compared with 0.53% for MJSC.

What is the main difference between BBJP and MJSC?

They also come from different issuers: JPMorgan and MUFG. Their fees differ too: 0.19% for BBJP and 0.85% for MJSC.