BBMC vs. VGT

Last updated Jun 23, 2026

BBMC (JPMorgan BetaBuilders U.S. Mid Cap Equity ETF) and VGT (Vanguard Information Technology ETF) are both exchange-traded funds - BBMC is a Small Cap Growth Equities fund tracking the Morningstar US Mid Cap Target Market Exposure Extended Index, while VGT is a Technology Equities fund tracking the MSCI USA IMI Information Technology 25/50 Index. Both are passively managed. Over the past 5 years, BBMC returned 8.41%/yr vs 20.58%/yr for VGT. A 0.73 correlation means they provide meaningful diversification when combined. BBMC charges 0.07%/yr vs 0.09%/yr for VGT.

Performance

BBMC vs. VGT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (BBMC) and Vanguard Information Technology ETF (VGT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BBMC achieves a 18.01% return, which is significantly lower than VGT's 28.03% return.

BBMC

• 1D: -0.01%
• 1M: 3.82%
• YTD: 18.01%
• 6M: 15.23%
• 1Y: 33.66%
• 3Y*: 19.72%
• 5Y*: 8.41%
• 10Y*: —

VGT

• 1D: 0.39%
• 1M: 4.11%
• YTD: 28.03%
• 6M: 26.85%
• 1Y: 54.06%
• 3Y*: 31.77%
• 5Y*: 20.58%
• 10Y*: 25.96%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BBMC vs. VGT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF	18.01%	12.24%	15.15%	18.37%	-19.77%	17.64%	62.09%
VGT Vanguard Information Technology ETF	28.03%	21.77%	29.30%	52.66%	-29.70%	30.45%	51.87%

Correlation

The correlation between BBMC and VGT is 0.66, 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	0.66
Correlation (3Y) Calculated over the trailing 3-year period	0.68
Correlation (5Y) Calculated over the trailing 5-year period	0.75
Correlation (All Time) Calculated using the full available price history since Apr 15, 2020	0.73

The correlation between BBMC and VGT has been stable across timeframes, ranging from 0.66 to 0.75 - a consistent structural relationship.

BBMC vs. VGT - Sectors Allocation Comparison

Sectors	BBMC	VGT
Technology	21.3%	98.5%
Industrials	18.7%	0.4%
Consumer Cyclical	11.8%	0.1%
Financial Services	10.6%	0.5%
Healthcare	9.9%	0.0%
Real Estate	6.4%	-
Basic Materials	4.7%	0.0%
Consumer Defensive	3.6%	-
Energy	3.0%	0.3%
Utilities	2.4%	-
Communication Services	2.4%	0.5%

Return for Risk

BBMC vs. VGT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BBMC

BBMC Risk / Return Rank: 65
BBMC Sharpe Ratio Rank: 63
BBMC Sortino Ratio Rank: 62
BBMC Omega Ratio Rank: 58
BBMC Calmar Ratio Rank: 71
BBMC Martin Ratio Rank: 74

VGT

VGT Risk / Return Rank: 69
VGT Sharpe Ratio Rank: 79
VGT Sortino Ratio Rank: 69
VGT Omega Ratio Rank: 70
VGT Calmar Ratio Rank: 68
VGT Martin Ratio Rank: 59

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BBMC vs. VGT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (BBMC) and Vanguard Information Technology ETF (VGT). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BBMC	VGT	Difference
Sharpe ratio: Return per unit of total volatility	2.00	2.43	-0.42
Sortino ratio: Return per unit of downside risk	2.79	2.99	-0.20
Omega ratio: Gain probability vs. loss probability	1.34	1.40	-0.05
Calmar ratio: Return relative to maximum drawdown	3.47	3.31	+0.16
Martin ratio: Return relative to average drawdown	13.55	10.16	+3.39

BBMC vs. VGT - Sharpe Ratio Comparison

The current BBMC Sharpe Ratio is 2.00, which is comparable to the VGT Sharpe Ratio of 2.43. The chart below compares the historical Sharpe Ratios of BBMC and VGT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BBMC vs. VGT - Drawdown Comparison

The maximum BBMC drawdown since its inception was -30.11%, smaller than the maximum VGT drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for BBMC and VGT.

Drawdown Indicators

	BBMC	VGT	Difference
Max Drawdown Largest peak-to-trough decline	-30.11%	-54.63%	+24.52%
Max Drawdown (1Y) Largest decline over 1 year	-9.75%	-16.40%	+6.65%
Max Drawdown (3Y) Largest decline over 3 years	-24.18%	-27.23%	+3.05%
Max Drawdown (5Y) Largest decline over 5 years	-30.11%	-35.07%	+4.96%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.07%	—
Current Drawdown Current decline from peak	-0.67%	-4.18%	+3.51%
Average Drawdown Average peak-to-trough decline	-8.86%	-7.95%	-0.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.49%	5.34%	-2.85%

Volatility

BBMC vs. VGT - Volatility Comparison

The current volatility for JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (BBMC) is 5.61%, while Vanguard Information Technology ETF (VGT) has a volatility of 10.66%. This indicates that BBMC experiences smaller price fluctuations and is considered to be less risky than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BBMC	VGT	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.61%	10.66%	-5.05%
Volatility (6M) Calculated over the trailing 6-month period	12.90%	18.19%	-5.29%
Volatility (1Y) Calculated over the trailing 1-year period	16.92%	22.44%	-5.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.68%	25.50%	-4.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.09%	24.78%	-3.69%

BBMC vs. VGT - Expense Ratio Comparison

BBMC has a 0.07% expense ratio, which is lower than VGT's 0.09% 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

BBMC vs. VGT - Dividend Comparison

BBMC's dividend yield for the trailing twelve months is around 1.08%, more than VGT's 0.32% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF	1.08%	1.25%	1.31%	1.36%	1.48%	0.87%	0.69%	0.00%	0.00%	0.00%	0.00%	0.00%
VGT Vanguard Information Technology ETF	0.32%	0.40%	0.60%	0.65%	0.91%	0.64%	0.82%	1.11%	1.29%	0.99%	1.31%	1.28%

Frequently Asked Questions

Can I hold both BBMC and VGT in my portfolio?

BBMC and VGT have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BBMC or VGT?

VGT has higher volatility (10.66%) compared to BBMC (5.61%). In terms of maximum drawdown, BBMC dropped -30.11% vs VGT's -54.63%.

Which ETF is better, BBMC or VGT?

On 5-year performance, VGT leads with 20.58% vs 8.41% for BBMC. On fees, BBMC is cheaper at 0.07% per year. On volatility, BBMC has been the lower-risk option at 5.61%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BBMC or VGT?

Over the 5-year period, VGT has performed better with a 20.58% return vs 8.41%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BBMC or VGT?

BBMC is cheaper with a 0.07% expense ratio, compared with 0.09% for VGT.

Which ETF pays a higher dividend yield, BBMC or VGT?

BBMC has the higher dividend yield at 1.08%, compared with 0.32% for VGT.

What is the main difference between BBMC and VGT?

BBMC is categorized as Small Cap Growth Equities, while VGT is Technology Equities. BBMC tracks Morningstar US Mid Cap Target Market Exposure Extended Index, while VGT tracks MSCI USA IMI Information Technology 25/50 Index. They also come from different issuers: JPMorgan and Vanguard. Their fees differ too: 0.07% for BBMC and 0.09% for VGT.

Which has better risk-adjusted returns?

VGT currently has the higher Sharpe Ratio (2.43 vs 2.00), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.