BBRE vs. FXAIX
Compare and contrast key facts about JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) and Fidelity 500 Index Fund (FXAIX).
BBRE is a passively managed fund by JPMorgan Chase that tracks the performance of the MSCI US REIT Index. It was launched on Jun 15, 2018. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BBRE or FXAIX.
Key characteristics
| BBRE | FXAIX | |
|---|---|---|
| YTD Return | -7.65% | 5.67% |
| 1Y Return | 3.68% | 23.72% |
| 3Y Return (Ann) | -1.23% | 7.94% |
| 5Y Return (Ann) | 2.28% | 13.14% |
| Sharpe Ratio | 0.12 | 1.91 |
| Daily Std Dev | 18.58% | 11.69% |
| Max Drawdown | -43.61% | -33.79% |
| Current Drawdown | -20.79% | -4.41% |
Correlation
The correlation between BBRE and FXAIX is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
BBRE vs. FXAIX - Performance Comparison
In the year-to-date period, BBRE achieves a -7.65% return, which is significantly lower than FXAIX's 5.67% return. 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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BBRE vs. FXAIX - Expense Ratio Comparison
BBRE has a 0.11% expense ratio, which is higher than FXAIX's 0.02% 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
BBRE vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) and Fidelity 500 Index Fund (FXAIX). 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
BBRE vs. FXAIX - Dividend Comparison
BBRE's dividend yield for the trailing twelve months is around 3.75%, more than FXAIX's 1.39% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BBRE JPMorgan BetaBuilders MSCI US REIT ETF | 3.75% | 3.68% | 2.62% | 1.70% | 3.17% | 2.19% | 1.96% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FXAIX Fidelity 500 Index Fund | 1.39% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% | 2.63% | 1.84% |
Drawdowns
BBRE vs. FXAIX - Drawdown Comparison
The maximum BBRE drawdown since its inception was -43.61%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for BBRE and FXAIX. For additional features, visit the drawdowns tool.
Volatility
BBRE vs. FXAIX - Volatility Comparison
JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) has a higher volatility of 5.49% compared to Fidelity 500 Index Fund (FXAIX) at 3.85%. This indicates that BBRE's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.