BBMC vs. SCHM
Compare and contrast key facts about JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (BBMC) and Schwab US Mid-Cap ETF (SCHM).
BBMC and SCHM 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. SCHM is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones US Total Stock Market Mid-Cap. It was launched on Jan 13, 2011. Both BBMC and SCHM 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 SCHM.
Key characteristics
| BBMC | SCHM | |
|---|---|---|
| YTD Return | 3.10% | 3.01% |
| 1Y Return | 20.62% | 18.76% |
| 3Y Return (Ann) | 0.52% | 1.20% |
| Sharpe Ratio | 1.23 | 1.21 |
| Daily Std Dev | 16.54% | 15.24% |
| Max Drawdown | -30.11% | -42.43% |
| Current Drawdown | -7.29% | -5.03% |
Correlation
The correlation between BBMC and SCHM is 0.97, 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. SCHM - Performance Comparison
The year-to-date returns for both stocks are quite close, with BBMC having a 3.10% return and SCHM slightly lower at 3.01%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BBMC vs. SCHM - Expense Ratio Comparison
BBMC has a 0.07% expense ratio, which is higher than SCHM'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. SCHM - 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 Schwab US Mid-Cap ETF (SCHM). 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. SCHM - Dividend Comparison
BBMC's dividend yield for the trailing twelve months is around 1.29%, less than SCHM's 1.49% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF | 1.29% | 1.36% | 1.48% | 0.87% | 0.69% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHM Schwab US Mid-Cap ETF | 1.49% | 1.50% | 1.67% | 1.13% | 1.31% | 1.48% | 1.56% | 1.27% | 1.51% | 1.54% | 1.48% | 1.27% |
Drawdowns
BBMC vs. SCHM - Drawdown Comparison
The maximum BBMC drawdown since its inception was -30.11%, smaller than the maximum SCHM drawdown of -42.43%. Use the drawdown chart below to compare losses from any high point for BBMC and SCHM. For additional features, visit the drawdowns tool.
Volatility
BBMC vs. SCHM - Volatility Comparison
JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (BBMC) has a higher volatility of 4.61% compared to Schwab US Mid-Cap ETF (SCHM) at 4.35%. This indicates that BBMC's price experiences larger fluctuations and is considered to be riskier than SCHM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.