Correlation
The correlation between BBLB and SPTL is 0.15, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
BBLB vs. SPTL
Compare and contrast key facts about Jpmorgan Betabuilders U.S. Treasury Bond 20+ Year ETF (BBLB) and SPDR Portfolio Long Term Treasury ETF (SPTL).
BBLB and SPTL 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. SPTL is a passively managed fund by State Street that tracks the performance of the Bloomberg US Aggregate Government - Treasury - Long. It was launched on May 23, 2007. Both BBLB and SPTL 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: BBLB or SPTL.
Performance
BBLB vs. SPTL - Performance Comparison
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Key characteristics
BBLB:
0.07
SPTL:
0.16
BBLB:
-0.06
SPTL:
0.06
BBLB:
0.99
SPTL:
1.01
BBLB:
-0.11
SPTL:
-0.01
BBLB:
-0.19
SPTL:
-0.04
BBLB:
8.32%
SPTL:
7.36%
BBLB:
14.25%
SPTL:
13.09%
BBLB:
-21.15%
SPTL:
-46.20%
BBLB:
-12.48%
SPTL:
-39.54%
Returns By Period
In the year-to-date period, BBLB achieves a -0.15% return, which is significantly lower than SPTL's 0.45% return.
BBLB
-0.15%
-4.08%
-5.12%
1.02%
N/A
N/A
N/A
SPTL
0.45%
-3.71%
-4.20%
2.13%
-5.70%
-8.69%
-0.42%
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BBLB vs. SPTL - Expense Ratio Comparison
BBLB has a 0.07% expense ratio, which is higher than SPTL's 0.06% 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
BBLB vs. SPTL — Risk-Adjusted Performance Rank
BBLB
SPTL
BBLB vs. SPTL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Jpmorgan Betabuilders U.S. Treasury Bond 20+ Year ETF (BBLB) and SPDR Portfolio Long Term Treasury ETF (SPTL). 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.
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Dividends
BBLB vs. SPTL - Dividend Comparison
BBLB's dividend yield for the trailing twelve months is around 5.08%, more than SPTL's 4.12% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BBLB Jpmorgan Betabuilders U.S. Treasury Bond 20+ Year ETF | 5.08% | 5.34% | 2.82% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPTL SPDR Portfolio Long Term Treasury ETF | 4.12% | 4.03% | 3.24% | 2.75% | 1.68% | 1.71% | 2.45% | 2.69% | 2.53% | 2.56% | 2.60% | 2.64% |
Drawdowns
BBLB vs. SPTL - Drawdown Comparison
The maximum BBLB drawdown since its inception was -21.15%, smaller than the maximum SPTL drawdown of -46.20%. Use the drawdown chart below to compare losses from any high point for BBLB and SPTL.
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Volatility
BBLB vs. SPTL - Volatility Comparison
Jpmorgan Betabuilders U.S. Treasury Bond 20+ Year ETF (BBLB) has a higher volatility of 3.61% compared to SPDR Portfolio Long Term Treasury ETF (SPTL) at 3.35%. This indicates that BBLB's price experiences larger fluctuations and is considered to be riskier than SPTL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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