BBRT.L vs. BBLL.L

Last updated Apr 2, 2026

Compare and contrast key facts about JPMorgan BetaBuilders US Treasury Bond UCITS ETF USD (Acc) (BBRT.L) and JPMorgan BetaBuilders US Treasury Bond 0-1 yr UCITS ETF USD (Acc) (BBLL.L).

BBRT.L and BBLL.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BBRT.L is a passively managed fund by JPMorgan that tracks the performance of the Bloomberg US Government TR USD. It was launched on Apr 25, 2019. BBLL.L is a passively managed fund by JPMorgan that tracks the performance of the Bloomberg US Government TR USD. It was launched on Jul 9, 2019. Both BBRT.L and BBLL.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

BBRT.L vs. BBLL.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in JPMorgan BetaBuilders US Treasury Bond UCITS ETF USD (Acc) (BBRT.L) and JPMorgan BetaBuilders US Treasury Bond 0-1 yr UCITS ETF USD (Acc) (BBLL.L). The values are adjusted to include any dividend payments, if applicable.

BBRT.L vs. BBLL.L - Yearly Performance Comparison

	2026 (YTD)	2025
BBRT.L JPMorgan BetaBuilders US Treasury Bond UCITS ETF USD (Acc)	0.91%	2.83%
BBLL.L JPMorgan BetaBuilders US Treasury Bond 0-1 yr UCITS ETF USD (Acc)	1.87%	2.34%

Returns By Period

In the year-to-date period, BBRT.L achieves a 0.91% return, which is significantly lower than BBLL.L's 1.87% return.

BBRT.L

• 1D: -0.61%
• 1M: -0.82%
• YTD: 0.91%
• 6M: 2.06%
• 1Y: -0.04%
• 3Y*: 0.07%
• 5Y*: 0.40%
• 10Y*: —

BBLL.L

• 1D: -0.82%
• 1M: 0.67%
• YTD: 1.87%
• 6M: 3.02%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BBRT.L vs. BBLL.L - Expense Ratio Comparison

Both BBRT.L and BBLL.L have an expense ratio of 0.07%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

BBRT.L

JPMorgan BetaBuilders US Treasury Bond UCITS ETF USD (Acc)

BBLL.L

JPMorgan BetaBuilders US Treasury Bond 0-1 yr UCITS ETF USD (Acc)

Return for Risk

BBRT.L vs. BBLL.L — Risk / Return Rank

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

BBRT.L

BBRT.L Risk / Return Rank: 11
BBRT.L Sharpe Ratio Rank: 11
BBRT.L Sortino Ratio Rank: 10
BBRT.L Omega Ratio Rank: 10
BBRT.L Calmar Ratio Rank: 13
BBRT.L Martin Ratio Rank: 13

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.

BBRT.L vs. BBLL.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders US Treasury Bond UCITS ETF USD (Acc) (BBRT.L) and JPMorgan BetaBuilders US Treasury Bond 0-1 yr UCITS ETF USD (Acc) (BBLL.L). 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.

	BBRT.L	BBLL.L	Difference
Sharpe ratio Return per unit of total volatility	-0.01	—	—
Sortino ratio Return per unit of downside risk	0.04	—	—
Omega ratio Gain probability vs. loss probability	1.01	—	—
Calmar ratio Return relative to maximum drawdown	0.06	—	—
Martin ratio Return relative to average drawdown	0.10	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	BBRT.L	BBLL.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.01	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.05	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.07	0.72	-0.65

Correlation

The correlation between BBRT.L and BBLL.L is 0.81, 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.

Dividends

BBRT.L vs. BBLL.L - Dividend Comparison

Neither BBRT.L nor BBLL.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

BBRT.L vs. BBLL.L - Drawdown Comparison

The maximum BBRT.L drawdown since its inception was -24.57%, which is greater than BBLL.L's maximum drawdown of -4.55%. Use the drawdown chart below to compare losses from any high point for BBRT.L and BBLL.L.

Drawdown Indicators

	BBRT.L	BBLL.L	Difference
Max Drawdown Largest peak-to-trough decline	-24.57%	-4.55%	-20.02%
Max Drawdown (1Y) Largest decline over 1 year	-7.56%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-16.20%	—	—
Current Drawdown Current decline from peak	-19.09%	-0.89%	-18.20%
Average Drawdown Average peak-to-trough decline	-16.73%	-1.56%	-15.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.37%	—	—

Volatility

Volatility by Period

	BBRT.L	BBLL.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.09%	—	—
Volatility (6M) Calculated over the trailing 6-month period	4.52%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	7.29%	6.30%	+0.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.88%	6.30%	+2.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.64%	6.30%	+3.34%