BBLL.DE vs. VAGT.DE
BBLL.DE (JPMorgan BetaBuilders US Treasury Bond 0-1 yr UCITS ETF USD (Acc)) and VAGT.DE (Vanguard USD Treasury Bond UCITS ETF Accumulating) are both Government Bonds funds - BBLL.DE tracks the ICE US Treasury 0-1 Year Index while VAGT.DE tracks the Bloomberg Global Aggregate US Treasury Float Adjusted Index. Both are passively managed. Over the past 3 years, BBLL.DE returned 1.85%/yr vs 0.08%/yr for VAGT.DE. A 0.69 correlation means they provide meaningful diversification when combined. BBLL.DE charges 0.07%/yr vs 0.05%/yr for VAGT.DE.
Performance
BBLL.DE vs. VAGT.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BBLL.DE achieves a 2.66% return, which is significantly higher than VAGT.DE's 1.07% 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*
- —
VAGT.DE
- 1D
- 0.09%
- 1M
- 0.83%
- YTD
- 1.07%
- 6M
- 0.30%
- 1Y
- 1.62%
- 3Y*
- 0.08%
- 5Y*
- —
- 10Y*
- —
BBLL.DE vs. VAGT.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
BBLL.DE JPMorgan BetaBuilders US Treasury Bond 0-1 yr UCITS ETF USD (Acc) | 2.66% | -7.37% | 11.29% | -0.30% |
VAGT.DE Vanguard USD Treasury Bond UCITS ETF Accumulating | 1.07% | -5.48% | 6.40% | -0.45% |
Correlation
The correlation between BBLL.DE and VAGT.DE is 0.80, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.80 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Mar 10, 2023 | 0.69 |
The correlation between BBLL.DE and VAGT.DE shifts across timeframes, from 0.69 (all time) to 0.80 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BBLL.DE vs. VAGT.DE — Risk / Return Rank
BBLL.DE
VAGT.DE
BBLL.DE vs. VAGT.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 Vanguard USD Treasury Bond UCITS ETF Accumulating (VAGT.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 | VAGT.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.05 | ||
| Sortino ratioReturn per unit of downside risk | +0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.05 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.62 | 0.40 | +0.22 |
| Martin ratioReturn relative to average drawdown | 1.30 | 1.00 | +0.30 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| BBLL.DE | VAGT.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.34 | 0.29 | +0.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.57 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.29 | 0.05 | +0.24 |
Drawdowns
BBLL.DE vs. VAGT.DE - Drawdown Comparison
The maximum BBLL.DE drawdown since its inception was -13.03%, which is greater than VAGT.DE's maximum drawdown of -11.03%. Use the drawdown chart below to compare losses from any high point for BBLL.DE and VAGT.DE.
Loading charts...
Drawdown Indicators
| BBLL.DE | VAGT.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.03% | -11.03% | -2.00% |
Max Drawdown (1Y)Largest decline over 1 year | -3.38% | -4.00% | +0.62% |
Max Drawdown (3Y)Largest decline over 3 years | -11.65% | -11.03% | -0.62% |
Max Drawdown (5Y)Largest decline over 5 years | -11.65% | — | — |
Current DrawdownCurrent decline from peak | -7.22% | -7.21% | -0.01% |
Average DrawdownAverage peak-to-trough decline | -6.14% | -5.04% | -1.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.61% | 1.61% | 0.00% |
Volatility
BBLL.DE vs. VAGT.DE - Volatility Comparison
JPMorgan BetaBuilders US Treasury Bond 0-1 yr UCITS ETF USD (Acc) (BBLL.DE) has a higher volatility of 1.28% compared to Vanguard USD Treasury Bond UCITS ETF Accumulating (VAGT.DE) at 0.86%. This indicates that BBLL.DE's price experiences larger fluctuations and is considered to be riskier than VAGT.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BBLL.DE | VAGT.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.28% | 0.86% | +0.42% |
Volatility (6M)Calculated over the trailing 6-month period | 4.12% | 3.76% | +0.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.07% | 5.49% | +0.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.46% | 7.33% | +0.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.22% | 7.33% | -0.11% |
BBLL.DE vs. VAGT.DE - Expense Ratio Comparison
BBLL.DE has a 0.07% expense ratio, which is higher than VAGT.DE's 0.05% 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
BBLL.DE vs. VAGT.DE - Dividend Comparison
Neither BBLL.DE nor VAGT.DE has paid dividends to shareholders.
Frequently Asked Questions
BBLL.DE and VAGT.DE have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VAGT.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VAGT.DE is cheaper with a 0.05% expense ratio, compared with 0.07% for BBLL.DE.
BBLL.DE tracks ICE US Treasury 0-1 Year Index, while VAGT.DE tracks Bloomberg Global Aggregate US Treasury Float Adjusted Index. They also come from different issuers: JPMorgan and Vanguard. Their fees differ too: 0.07% for BBLL.DE and 0.05% for VAGT.DE.
Find the right allocation for BBLL.DE and VAGT.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer