BBRE vs. RSPN
Compare and contrast key facts about JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) and Invesco S&P 500® Equal Weight Industrials ETF (RSPN).
BBRE and RSPN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. RSPN is a passively managed fund by Invesco that tracks the performance of the S&P 500® Equal Weight Industrials Index. It was launched on Jan 11, 2006. Both BBRE and RSPN 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: BBRE or RSPN.
Key characteristics
| BBRE | RSPN | |
|---|---|---|
| YTD Return | -7.47% | 6.02% |
| 1Y Return | 2.44% | 23.16% |
| 3Y Return (Ann) | -1.17% | 8.44% |
| 5Y Return (Ann) | 2.52% | 14.38% |
| Sharpe Ratio | 0.10 | 1.74 |
| Daily Std Dev | 18.59% | 13.69% |
| Max Drawdown | -43.61% | -59.17% |
| Current Drawdown | -20.63% | -4.42% |
Correlation
The correlation between BBRE and RSPN is 0.63, 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. RSPN - Performance Comparison
In the year-to-date period, BBRE achieves a -7.47% return, which is significantly lower than RSPN's 6.02% 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. RSPN - Expense Ratio Comparison
BBRE has a 0.11% expense ratio, which is lower than RSPN's 0.40% expense ratio.
Risk-Adjusted Performance
BBRE vs. RSPN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) and Invesco S&P 500® Equal Weight Industrials ETF (RSPN). 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. RSPN - Dividend Comparison
BBRE's dividend yield for the trailing twelve months is around 3.74%, more than RSPN's 1.00% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BBRE JPMorgan BetaBuilders MSCI US REIT ETF | 3.74% | 3.68% | 2.62% | 1.70% | 3.17% | 2.19% | 1.96% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RSPN Invesco S&P 500® Equal Weight Industrials ETF | 1.00% | 1.06% | 1.09% | 0.70% | 0.96% | 1.33% | 1.49% | 1.12% | 1.31% | 1.51% | 1.27% | 0.90% |
Drawdowns
BBRE vs. RSPN - Drawdown Comparison
The maximum BBRE drawdown since its inception was -43.61%, smaller than the maximum RSPN drawdown of -59.17%. Use the drawdown chart below to compare losses from any high point for BBRE and RSPN. For additional features, visit the drawdowns tool.
Volatility
BBRE vs. RSPN - Volatility Comparison
JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) has a higher volatility of 5.61% compared to Invesco S&P 500® Equal Weight Industrials ETF (RSPN) at 3.43%. This indicates that BBRE's price experiences larger fluctuations and is considered to be riskier than RSPN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.