Correlation
The correlation between BBLB and TLT is 0.16, 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. TLT
Compare and contrast key facts about Jpmorgan Betabuilders U.S. Treasury Bond 20+ Year ETF (BBLB) and iShares 20+ Year Treasury Bond ETF (TLT).
BBLB and TLT 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. TLT is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. 20+ Year Treasury Bond Index. It was launched on Jul 26, 2002. Both BBLB and TLT 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 TLT.
Performance
BBLB vs. TLT - Performance Comparison
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Key characteristics
BBLB:
0.07
TLT:
0.06
BBLB:
-0.06
TLT:
-0.07
BBLB:
0.99
TLT:
0.99
BBLB:
-0.11
TLT:
-0.04
BBLB:
-0.19
TLT:
-0.21
BBLB:
8.32%
TLT:
8.36%
BBLB:
14.25%
TLT:
14.53%
BBLB:
-21.15%
TLT:
-48.35%
BBLB:
-12.48%
TLT:
-42.69%
Returns By Period
In the year-to-date period, BBLB achieves a -0.15% return, which is significantly lower than TLT's 0.04% return.
BBLB
-0.15%
-4.08%
-5.12%
1.02%
N/A
N/A
N/A
TLT
0.04%
-4.14%
-5.38%
0.87%
-7.01%
-9.61%
-0.85%
Compare stocks, funds, or ETFs
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BBLB vs. TLT - Expense Ratio Comparison
BBLB has a 0.07% expense ratio, which is lower than TLT's 0.15% expense ratio. Despite the difference, 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. TLT — Risk-Adjusted Performance Rank
BBLB
TLT
BBLB vs. TLT - 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 iShares 20+ Year Treasury Bond ETF (TLT). 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. TLT - Dividend Comparison
BBLB's dividend yield for the trailing twelve months is around 5.08%, more than TLT's 4.39% 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% |
TLT iShares 20+ Year Treasury Bond ETF | 4.39% | 4.30% | 3.38% | 2.67% | 1.50% | 1.50% | 2.27% | 2.63% | 2.43% | 2.60% | 2.61% | 2.67% |
Drawdowns
BBLB vs. TLT - Drawdown Comparison
The maximum BBLB drawdown since its inception was -21.15%, smaller than the maximum TLT drawdown of -48.35%. Use the drawdown chart below to compare losses from any high point for BBLB and TLT.
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Volatility
BBLB vs. TLT - Volatility Comparison
Jpmorgan Betabuilders U.S. Treasury Bond 20+ Year ETF (BBLB) and iShares 20+ Year Treasury Bond ETF (TLT) have volatilities of 3.61% and 3.59%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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