BBJP vs. VOO
Compare and contrast key facts about JPMorgan BetaBuilders Japan ETF (BBJP) and Vanguard S&P 500 ETF (VOO).
BBJP and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BBJP is a passively managed fund by JPMorgan Chase that tracks the performance of the Morningstar Japan Target Market Exposure Index. It was launched on Jun 15, 2018. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both BBJP and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BBJP or VOO.
Key characteristics
| BBJP | VOO | |
|---|---|---|
| YTD Return | 8.55% | 7.94% |
| 1Y Return | 21.17% | 28.21% |
| 3Y Return (Ann) | 3.17% | 8.82% |
| 5Y Return (Ann) | 6.45% | 13.59% |
| Sharpe Ratio | 1.46 | 2.33 |
| Daily Std Dev | 14.71% | 11.70% |
| Max Drawdown | -32.66% | -33.99% |
| Current Drawdown | -3.27% | -2.36% |
Correlation
The correlation between BBJP and VOO is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
BBJP vs. VOO - Performance Comparison
In the year-to-date period, BBJP achieves a 8.55% return, which is significantly higher than VOO's 7.94% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BBJP vs. VOO - Expense Ratio Comparison
BBJP has a 0.19% expense ratio, which is higher than VOO'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%.
Risk-Adjusted Performance
BBJP vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders Japan ETF (BBJP) and Vanguard S&P 500 ETF (VOO). 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.
Dividends
BBJP vs. VOO - Dividend Comparison
BBJP's dividend yield for the trailing twelve months is around 2.81%, more than VOO's 1.36% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BBJP JPMorgan BetaBuilders Japan ETF | 2.81% | 3.05% | 1.52% | 2.89% | 1.12% | 2.31% | 0.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.36% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
BBJP vs. VOO - Drawdown Comparison
The maximum BBJP drawdown since its inception was -32.66%, roughly equal to the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for BBJP and VOO. For additional features, visit the drawdowns tool.
Volatility
BBJP vs. VOO - Volatility Comparison
JPMorgan BetaBuilders Japan ETF (BBJP) has a higher volatility of 4.63% compared to Vanguard S&P 500 ETF (VOO) at 4.09%. This indicates that BBJP's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.