BBLB vs. IBTE

Last updated Apr 1, 2026

Compare and contrast key facts about Jpmorgan Betabuilders U.S. Treasury Bond 20+ Year ETF (BBLB) and iShares iBonds Dec 2024 Term Treasury ETF (IBTE).

BBLB and IBTE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BBLB is a passively managed fund by JPMorgan that tracks the performance of the U.S. Treasury 20+ Year Index. It was launched on Apr 19, 2023. IBTE is a passively managed fund by iShares that tracks the performance of the ICE 2024 Maturity US Treasury Index. It was launched on Feb 25, 2020. Both BBLB and IBTE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

BBLB vs. IBTE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Jpmorgan Betabuilders U.S. Treasury Bond 20+ Year ETF (BBLB) and iShares iBonds Dec 2024 Term Treasury ETF (IBTE). The values are adjusted to include any dividend payments, if applicable.

BBLB vs. IBTE - Yearly Performance Comparison

	2026 (YTD)
BBLB Jpmorgan Betabuilders U.S. Treasury Bond 20+ Year ETF	-0.23%
IBTE iShares iBonds Dec 2024 Term Treasury ETF	0.00%

Returns By Period

BBLB

• 1D: 0.20%
• 1M: -3.88%
• YTD: 0.38%
• 6M: -0.47%
• 1Y: 0.02%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IBTE

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BBLB vs. IBTE - Expense Ratio Comparison

Both BBLB and IBTE have an expense ratio of 0.07%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

BBLB

Jpmorgan Betabuilders U.S. Treasury Bond 20+ Year ETF

IBTE

iShares iBonds Dec 2024 Term Treasury ETF

Return for Risk

BBLB vs. IBTE — Risk / Return Rank

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

BBLB

BBLB Risk / Return Rank: 12
BBLB Sharpe Ratio Rank: 12
BBLB Sortino Ratio Rank: 11
BBLB Omega Ratio Rank: 11
BBLB Calmar Ratio Rank: 14
BBLB Martin Ratio Rank: 13

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.

BBLB vs. IBTE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Jpmorgan Betabuilders U.S. Treasury Bond 20+ Year ETF (BBLB) and iShares iBonds Dec 2024 Term Treasury ETF (IBTE). 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.

	BBLB	IBTE	Difference
Sharpe ratio Return per unit of total volatility	0.00	—	—
Sortino ratio Return per unit of downside risk	0.08	—	—
Omega ratio Gain probability vs. loss probability	1.01	—	—
Calmar ratio Return relative to maximum drawdown	0.10	—	—
Martin ratio Return relative to average drawdown	0.20	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	BBLB	IBTE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.00	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.16	—	—

Dividends

BBLB vs. IBTE - Dividend Comparison

BBLB's dividend yield for the trailing twelve months is around 5.15%, while IBTE has not paid dividends to shareholders.

	TTM	2025	2024	2023
BBLB Jpmorgan Betabuilders U.S. Treasury Bond 20+ Year ETF	5.15%	5.03%	5.34%	2.82%
IBTE iShares iBonds Dec 2024 Term Treasury ETF	0.00%	0.00%	0.00%	0.00%

Drawdowns

BBLB vs. IBTE - Drawdown Comparison

The maximum BBLB drawdown since its inception was -21.06%, which is greater than IBTE's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for BBLB and IBTE.

Drawdown Indicators

	BBLB	IBTE	Difference
Max Drawdown Largest peak-to-trough decline	-21.06%	0.00%	-21.06%
Max Drawdown (1Y) Largest decline over 1 year	-9.32%	—	—
Current Drawdown Current decline from peak	-8.26%	0.00%	-8.26%
Average Drawdown Average peak-to-trough decline	-8.94%	0.00%	-8.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.44%	—	—

Volatility

Volatility by Period

	BBLB	IBTE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.82%	—	—
Volatility (6M) Calculated over the trailing 6-month period	6.62%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.34%	0.00%	+11.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.09%	0.00%	+14.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.09%	0.00%	+14.09%