BBM3.L vs. JEGP.L
BBM3.L (JPMorgan BetaBuilders US Treasury Bond 0-3 Months UCITS ETF USD (Acc)) and JEGP.L (JPM Global Equity Premium Income Active UCITS ETF - USD Dist) are both exchange-traded funds - BBM3.L is a Government Bonds fund tracking the ICE 0-3 Month US Treasury Notes & Bills Index, while JEGP.L is a Global Equity Income fund actively managed by JPMorgan. BBM3.L is passively managed, while JEGP.L is actively managed. Over the past year, BBM3.L returned 4.93% vs 2.35% for JEGP.L. At a 0.37 correlation, their price movements are largely independent. BBM3.L charges 0.07%/yr vs 0.35%/yr for JEGP.L.
Performance
BBM3.L vs. JEGP.L - Performance Comparison
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Different Trading Currencies
BBM3.L is traded in GBP, while JEGP.L is traded in GBp. To make them comparable, the JEGP.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, BBM3.L achieves a 1.63% return, which is significantly higher than JEGP.L's -1.87% return.
BBM3.L
- 1D
- 0.09%
- 1M
- 1.32%
- YTD
- 1.63%
- 6M
- 1.18%
- 1Y
- 4.93%
- 3Y*
- 1.97%
- 5Y*
- 4.56%
- 10Y*
- —
JEGP.L
- 1D
- 0.49%
- 1M
- 0.98%
- YTD
- -1.87%
- 6M
- -1.08%
- 1Y
- 2.35%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BBM3.L vs. JEGP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
BBM3.L JPMorgan BetaBuilders US Treasury Bond 0-3 Months UCITS ETF USD (Acc) | 1.63% | -2.96% | 7.04% | -0.83% |
JEGP.L JPM Global Equity Premium Income Active UCITS ETF - USD Dist | -1.87% | 4.70% | 9.52% | 0.47% |
Correlation
The correlation between BBM3.L and JEGP.L is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Dec 7, 2023 | 0.37 |
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Return for Risk
BBM3.L vs. JEGP.L — Risk / Return Rank
BBM3.L
JEGP.L
BBM3.L vs. JEGP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders US Treasury Bond 0-3 Months UCITS ETF USD (Acc) (BBM3.L) and JPM Global Equity Premium Income Active UCITS ETF - USD Dist (JEGP.L). 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.
| BBM3.L | JEGP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.48 | ||
| Sortino ratioReturn per unit of downside risk | +0.69 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.05 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.09 | 0.25 | +0.83 |
| Martin ratioReturn relative to average drawdown | 2.71 | 0.75 | +1.96 |
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
| BBM3.L | JEGP.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.76 | 0.28 | +0.48 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.54 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.54 | -0.04 |
Drawdowns
BBM3.L vs. JEGP.L - Drawdown Comparison
The maximum BBM3.L drawdown since its inception was -15.27%, which is greater than JEGP.L's maximum drawdown of -9.25%. Use the drawdown chart below to compare losses from any high point for BBM3.L and JEGP.L.
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Drawdown Indicators
| BBM3.L | JEGP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.27% | -9.25% | -6.02% |
Max Drawdown (1Y)Largest decline over 1 year | -4.52% | -9.25% | +4.73% |
Max Drawdown (3Y)Largest decline over 3 years | -9.77% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -15.27% | — | — |
Current DrawdownCurrent decline from peak | -5.65% | -7.31% | +1.66% |
Average DrawdownAverage peak-to-trough decline | -6.31% | -2.69% | -3.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.81% | 3.14% | -1.33% |
Volatility
BBM3.L vs. JEGP.L - Volatility Comparison
The current volatility for JPMorgan BetaBuilders US Treasury Bond 0-3 Months UCITS ETF USD (Acc) (BBM3.L) is 1.89%, while JPM Global Equity Premium Income Active UCITS ETF - USD Dist (JEGP.L) has a volatility of 2.79%. This indicates that BBM3.L experiences smaller price fluctuations and is considered to be less risky than JEGP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BBM3.L | JEGP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.89% | 2.79% | -0.90% |
Volatility (6M)Calculated over the trailing 6-month period | 4.68% | 6.65% | -1.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.47% | 8.46% | -1.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.43% | 9.29% | -0.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.38% | 9.29% | -0.91% |
BBM3.L vs. JEGP.L - Expense Ratio Comparison
BBM3.L has a 0.07% expense ratio, which is lower than JEGP.L's 0.35% expense ratio.
Dividends
BBM3.L vs. JEGP.L - Dividend Comparison
BBM3.L has not paid dividends to shareholders, while JEGP.L's dividend yield for the trailing twelve months is around 8.82%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
BBM3.L JPMorgan BetaBuilders US Treasury Bond 0-3 Months UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% |
JEGP.L JPM Global Equity Premium Income Active UCITS ETF - USD Dist | 8.82% | 8.01% | 6.39% |
Frequently Asked Questions
BBM3.L and JEGP.L have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BBM3.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BBM3.L is cheaper with a 0.07% expense ratio, compared with 0.35% for JEGP.L.
BBM3.L is categorized as Government Bonds, while JEGP.L is Global Equity Income. Their fees differ too: 0.07% for BBM3.L and 0.35% for JEGP.L.
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