BBLL.DE vs. BBEG.DE
BBLL.DE (JPMorgan BetaBuilders US Treasury Bond 0-1 yr UCITS ETF USD (Acc)) and BBEG.DE (JPMorgan BetaBuilders EUR Government Bond UCITS ETF EUR (Acc)) are both exchange-traded funds - BBLL.DE is a Government Bonds fund tracking the ICE US Treasury 0-1 Year Index, while BBEG.DE is a European Government Bonds fund tracking the JP Morgan EMU Government Bond. Both are passively managed. Over the past 5 years, BBLL.DE returned 4.31%/yr vs -2.32%/yr for BBEG.DE. At a correlation of -0.09, they often move in opposite directions. BBLL.DE charges 0.07%/yr vs 0.10%/yr for BBEG.DE.
Performance
BBLL.DE vs. BBEG.DE - Performance Comparison
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Returns By Period
In the year-to-date period, BBLL.DE achieves a 2.66% return, which is significantly higher than BBEG.DE's 0.14% return.
BBLL.DE
- 1D
- -0.11%
- 1M
- 1.01%
- YTD
- 2.66%
- 6M
- 2.06%
- 1Y
- 2.10%
- 3Y*
- 1.85%
- 5Y*
- 4.31%
- 10Y*
- —
BBEG.DE
- 1D
- 0.09%
- 1M
- 0.58%
- YTD
- 0.14%
- 6M
- 0.03%
- 1Y
- -0.09%
- 3Y*
- 2.32%
- 5Y*
- -2.32%
- 10Y*
- —
BBLL.DE vs. BBEG.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
BBLL.DE JPMorgan BetaBuilders US Treasury Bond 0-1 yr UCITS ETF USD (Acc) | 2.66% | -7.37% | 11.29% | 1.32% | 7.29% | 8.35% | -8.23% | 1.14% |
BBEG.DE JPMorgan BetaBuilders EUR Government Bond UCITS ETF EUR (Acc) | 0.14% | 0.60% | 1.39% | 6.92% | -18.49% | -3.37% | 4.88% | 0.33% |
Correlation
The correlation between BBLL.DE and BBEG.DE is -0.33, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.13 |
Correlation (All Time) Calculated using the full available price history since Jul 17, 2019 | -0.09 |
Over the past year, the inverse relationship between BBLL.DE and BBEG.DE has strengthened: their correlation has moved from -0.09 to -0.33, meaning they now move in opposite directions more often than their long-term average.
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Return for Risk
BBLL.DE vs. BBEG.DE — Risk / Return Rank
BBLL.DE
BBEG.DE
BBLL.DE vs. BBEG.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders US Treasury Bond 0-1 yr UCITS ETF USD (Acc) (BBLL.DE) and JPMorgan BetaBuilders EUR Government Bond UCITS ETF EUR (Acc) (BBEG.DE). 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.
| BBLL.DE | BBEG.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.36 | ||
| Sortino ratioReturn per unit of downside risk | +0.52 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.00 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 0.62 | -0.03 | +0.64 |
| Martin ratioReturn relative to average drawdown | 1.30 | -0.06 | +1.37 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BBLL.DE | BBEG.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.34 | -0.02 | +0.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.57 | -0.36 | +0.93 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.29 | -0.14 | +0.44 |
Drawdowns
BBLL.DE vs. BBEG.DE - Drawdown Comparison
The maximum BBLL.DE drawdown since its inception was -13.03%, smaller than the maximum BBEG.DE drawdown of -22.76%. Use the drawdown chart below to compare losses from any high point for BBLL.DE and BBEG.DE.
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Drawdown Indicators
| BBLL.DE | BBEG.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.03% | -22.76% | +9.73% |
Max Drawdown (1Y)Largest decline over 1 year | -3.38% | -3.44% | +0.06% |
Max Drawdown (3Y)Largest decline over 3 years | -11.65% | -4.11% | -7.54% |
Max Drawdown (5Y)Largest decline over 5 years | -11.65% | -21.83% | +10.18% |
Current DrawdownCurrent decline from peak | -7.22% | -14.39% | +7.17% |
Average DrawdownAverage peak-to-trough decline | -6.14% | -10.84% | +4.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.61% | 1.38% | +0.23% |
Volatility
BBLL.DE vs. BBEG.DE - Volatility Comparison
The current volatility for JPMorgan BetaBuilders US Treasury Bond 0-1 yr UCITS ETF USD (Acc) (BBLL.DE) is 1.28%, while JPMorgan BetaBuilders EUR Government Bond UCITS ETF EUR (Acc) (BBEG.DE) has a volatility of 1.69%. This indicates that BBLL.DE experiences smaller price fluctuations and is considered to be less risky than BBEG.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BBLL.DE | BBEG.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.28% | 1.69% | -0.41% |
Volatility (6M)Calculated over the trailing 6-month period | 4.12% | 3.56% | +0.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.07% | 4.30% | +1.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.46% | 6.43% | +1.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.22% | 5.98% | +1.24% |
BBLL.DE vs. BBEG.DE - Expense Ratio Comparison
BBLL.DE has a 0.07% expense ratio, which is lower than BBEG.DE's 0.10% 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%.
Dividends
BBLL.DE vs. BBEG.DE - Dividend Comparison
Neither BBLL.DE nor BBEG.DE has paid dividends to shareholders.
Frequently Asked Questions
BBLL.DE and BBEG.DE have a correlation of -0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BBLL.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BBLL.DE is cheaper with a 0.07% expense ratio, compared with 0.10% for BBEG.DE.
BBLL.DE is categorized as Government Bonds, while BBEG.DE is European Government Bonds. BBLL.DE tracks ICE US Treasury 0-1 Year Index, while BBEG.DE tracks JP Morgan EMU Government Bond. Their fees differ too: 0.07% for BBLL.DE and 0.10% for BBEG.DE.
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