BBJP vs. VPL

Last updated Aug 5, 2026

BBJP (JPMorgan BetaBuilders Japan ETF) and VPL (Vanguard FTSE Pacific ETF) are both exchange-traded funds - BBJP is a Japan Equities fund tracking the Morningstar Japan Target Market Exposure Index, while VPL is a Asia Pacific Equities fund tracking the FTSE Developed Asia Pacific Index. Both are passively managed. Over the past 5 years, BBJP returned 9.40%/yr vs 9.79%/yr for VPL. Their correlation of 0.93 means they have usually moved in the same direction. BBJP charges 0.19%/yr vs 0.08%/yr for VPL.

Performance

BBJP vs. VPL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan BetaBuilders Japan ETF (BBJP) and Vanguard FTSE Pacific ETF (VPL). 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 lower than VPL's 24.90% 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%

VPL

• 1D: 2.82%
• 1M: 0.85%
• 6M: 13.01%
• YTD: 24.90%
• 1Y: 40.16%
• 3Y*: 20.99%
• 5Y*: 9.79%
• 10Y*: 9.80%
• ALL TIME*: 6.65%

*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
VPL Vanguard FTSE Pacific ETF	$40.53M	$44.18M	$59.20M

BBJP vs. VPL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
BBJP JPMorgan BetaBuilders Japan ETF	15.79%	26.55%	7.47%	20.65%	-17.24%	1.21%	15.42%	18.85%	-13.92%
VPL Vanguard FTSE Pacific ETF	24.90%	32.66%	1.68%	15.58%	-15.20%	1.10%	16.65%	18.16%	-13.94%

Correlation

The correlation between BBJP and VPL is 0.90, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.90
Correlation (3Y) Balances recent behavior with more history.	0.92
Correlation (5Y) Shows whether the relationship held over a longer period.	0.93
Correlation (All Time) Calculated using the full available price history since Jun 18, 2018	0.93

The correlation between BBJP and VPL has been stable across timeframes, ranging from 0.90 to 0.93 - a consistent structural relationship.

BBJP vs. VPL - Sectors Allocation Comparison

Sectors	BBJP	VPL
Industrials	25.8%	17.4%
Technology	21.5%	31.6%
Financial Services	19.9%	17.8%
Consumer Cyclical	10.5%	8.8%
Healthcare	5.8%	4.3%
Communication Services	4.5%	4.4%
Basic Materials	3.9%	6.5%
Consumer Defensive	3.6%	3.2%
Real Estate	2.1%	3.6%
Utilities	1.0%	1.3%
Energy	0.9%	1.1%

Return for Risk

BBJP vs. VPL — 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

VPL

VPL Risk / Return Rank: 67
VPL Sharpe Ratio Rank: 65
VPL Sortino Ratio Rank: 59
VPL Omega Ratio Rank: 66
VPL Calmar Ratio Rank: 77
VPL Martin Ratio Rank: 67

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. VPL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders Japan ETF (BBJP) and Vanguard FTSE Pacific ETF (VPL). 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	VPL	Difference
Sharpe ratio: Return per unit of total volatility	1.43	1.69	-0.26
Sortino ratio: Return per unit of downside risk	2.05	2.27	-0.23
Omega ratio: Gain probability vs. loss probability	1.27	1.32	-0.05
Calmar ratio: Return relative to maximum drawdown	2.17	3.03	-0.86
Martin ratio: Return relative to average drawdown	6.92	9.11	-2.19

BBJP vs. VPL - Sharpe Ratio Comparison

The current BBJP Sharpe Ratio is 1.43, which is comparable to the VPL Sharpe Ratio of 1.69. The chart below compares the historical Sharpe Ratios of BBJP and VPL, 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. VPL - Drawdown Comparison

The maximum BBJP drawdown since its inception was -32.66%, smaller than the maximum VPL drawdown of -55.49%. Use the drawdown chart below to compare losses from any high point for BBJP and VPL.

Drawdown Indicators

	BBJP	VPL	Difference
Max Drawdown Largest peak-to-trough decline	-32.66%	-55.49%	+22.83%
Max Drawdown (1Y) Largest decline over 1 year	-13.60%	-13.33%	-0.27%
Max Drawdown (3Y) Largest decline over 3 years	-14.49%	-16.35%	+1.86%
Max Drawdown (5Y) Largest decline over 5 years	-32.66%	-31.09%	-1.57%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.90%	—
Current Drawdown Current decline from peak	-2.33%	-6.48%	+4.15%
Average Drawdown Average peak-to-trough decline	-8.42%	-11.59%	+3.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.25%	4.42%	-0.17%

Volatility

BBJP vs. VPL - Volatility Comparison

The current volatility for JPMorgan BetaBuilders Japan ETF (BBJP) is 7.47%, while Vanguard FTSE Pacific ETF (VPL) has a volatility of 9.18%. This indicates that BBJP experiences smaller price fluctuations and is considered to be less risky than VPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BBJP	VPL	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.47%	9.18%	-1.71%
Volatility (6M) Calculated over the trailing 6-month period	17.48%	21.88%	-4.40%
Volatility (1Y) Calculated over the trailing 1-year period	20.71%	23.91%	-3.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.57%	18.39%	+0.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.47%	17.75%	+0.72%

BBJP vs. VPL - Expense Ratio Comparison

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

BBJP's dividend yield for the trailing twelve months is around 4.63%, more than VPL's 2.68% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BBJP JPMorgan BetaBuilders Japan ETF	4.63%	5.37%	2.80%	3.05%	1.52%	2.89%	1.12%	2.31%	0.65%	0.00%	0.00%	0.00%
VPL Vanguard FTSE Pacific ETF	2.68%	4.01%	3.15%	3.12%	2.75%	3.19%	1.81%	2.84%	3.06%	2.57%	2.65%	2.43%

Frequently Asked Questions

Can I hold both BBJP and VPL in my portfolio?

With a correlation of 0.90, BBJP and VPL move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, BBJP or VPL?

VPL has higher volatility (9.18%) compared to BBJP (7.47%). In terms of maximum drawdown, BBJP dropped -32.66% vs VPL's -55.49%.

Which ETF is better, BBJP or VPL?

On 5-year performance, VPL leads with 9.79% vs 9.40% for BBJP. On fees, VPL is cheaper at 0.08% 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 VPL?

Over the 5-year period, VPL has performed better with a 9.79% return vs 9.40%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BBJP or VPL?

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

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

BBJP has the higher dividend yield at 4.63%, compared with 2.68% for VPL.

What is the main difference between BBJP and VPL?

BBJP is categorized as Japan Equities, while VPL is Asia Pacific Equities. BBJP tracks Morningstar Japan Target Market Exposure Index, while VPL tracks FTSE Developed Asia Pacific Index. They also come from different issuers: JPMorgan and Vanguard. Their fees differ too: 0.19% for BBJP and 0.08% for VPL.

Which has better risk-adjusted returns?

VPL currently has the higher Sharpe Ratio (1.69 vs 1.43), 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.