BBMC vs. IMCB
Compare and contrast key facts about JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (BBMC) and iShares Morningstar Mid-Cap ETF (IMCB).
BBMC and IMCB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BBMC is a passively managed fund by JPMorgan Chase that tracks the performance of the Morningstar US Mid Cap Target Market Exposure Extended Index. It was launched on Apr 14, 2020. IMCB is a passively managed fund by iShares that tracks the performance of the IMCB-US - Morningstar U.S. Mid Cap Index. It was launched on Jun 28, 2004. Both BBMC and IMCB 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: BBMC or IMCB.
Correlation
The correlation between BBMC and IMCB is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
BBMC vs. IMCB - Performance Comparison
Key characteristics
BBMC:
0.99
IMCB:
1.27
BBMC:
1.45
IMCB:
1.78
BBMC:
1.18
IMCB:
1.22
BBMC:
1.25
IMCB:
2.24
BBMC:
5.06
IMCB:
6.86
BBMC:
3.32%
IMCB:
2.37%
BBMC:
16.91%
IMCB:
12.79%
BBMC:
-30.11%
IMCB:
-58.80%
BBMC:
-8.10%
IMCB:
-7.27%
Returns By Period
The year-to-date returns for both stocks are quite close, with BBMC having a 14.84% return and IMCB slightly lower at 14.71%.
BBMC
14.84%
-2.98%
10.33%
15.15%
N/A
N/A
IMCB
14.71%
-3.59%
8.66%
15.26%
9.34%
9.12%
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BBMC vs. IMCB - Expense Ratio Comparison
BBMC has a 0.07% expense ratio, which is higher than IMCB's 0.04% 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
BBMC vs. IMCB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (BBMC) and iShares Morningstar Mid-Cap ETF (IMCB). 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.
Dividends
BBMC vs. IMCB - Dividend Comparison
BBMC's dividend yield for the trailing twelve months is around 0.75%, less than IMCB's 1.85% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF | 0.75% | 1.36% | 1.48% | 0.87% | 0.68% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IMCB iShares Morningstar Mid-Cap ETF | 1.85% | 1.55% | 1.70% | 1.08% | 1.12% | 1.32% | 1.80% | 1.31% | 1.79% | 1.47% | 1.40% | 1.19% |
Drawdowns
BBMC vs. IMCB - Drawdown Comparison
The maximum BBMC drawdown since its inception was -30.11%, smaller than the maximum IMCB drawdown of -58.80%. Use the drawdown chart below to compare losses from any high point for BBMC and IMCB. For additional features, visit the drawdowns tool.
Volatility
BBMC vs. IMCB - Volatility Comparison
JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (BBMC) has a higher volatility of 5.54% compared to iShares Morningstar Mid-Cap ETF (IMCB) at 4.43%. This indicates that BBMC's price experiences larger fluctuations and is considered to be riskier than IMCB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.