BBRT.L vs. JEGA.L
BBRT.L (JPMorgan BetaBuilders US Treasury Bond UCITS ETF USD (Acc)) and JEGA.L (JPMorgan Global Equity Premium Income Active UCITS ETF USD (Acc)) are both exchange-traded funds - BBRT.L is a Government Bonds fund tracking the J.P. Morgan Government Bond US Index, while JEGA.L is a Derivative Income fund actively managed by JPMorgan. BBRT.L is passively managed, while JEGA.L is actively managed. Over the past year, BBRT.L returned 4.56% vs 2.28% for JEGA.L. At a 0.32 correlation, their price movements are largely independent. BBRT.L charges 0.07%/yr vs 0.35%/yr for JEGA.L.
Performance
BBRT.L vs. JEGA.L - Performance Comparison
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Different Trading Currencies
BBRT.L is traded in GBP, while JEGA.L is traded in USD. To make them comparable, the JEGA.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, BBRT.L achieves a -0.18% return, which is significantly higher than JEGA.L's -1.88% return.
BBRT.L
- 1D
- 0.22%
- 1M
- 1.14%
- YTD
- -0.18%
- 6M
- -0.65%
- 1Y
- 4.56%
- 3Y*
- 0.09%
- 5Y*
- 0.50%
- 10Y*
- —
JEGA.L
- 1D
- 0.33%
- 1M
- 0.63%
- YTD
- -1.88%
- 6M
- -1.48%
- 1Y
- 2.28%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BBRT.L vs. JEGA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
BBRT.L JPMorgan BetaBuilders US Treasury Bond UCITS ETF USD (Acc) | -0.18% | -0.87% | 2.21% | 0.72% |
JEGA.L JPMorgan Global Equity Premium Income Active UCITS ETF USD (Acc) | -1.88% | 4.41% | 9.74% | 0.14% |
Correlation
The correlation between BBRT.L and JEGA.L is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Dec 7, 2023 | 0.32 |
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Return for Risk
BBRT.L vs. JEGA.L — Risk / Return Rank
BBRT.L
JEGA.L
BBRT.L vs. JEGA.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 Global Equity Premium Income Active UCITS ETF USD (Acc) (JEGA.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 | JEGA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.49 | ||
| Sortino ratioReturn per unit of downside risk | +0.73 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.05 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 0.87 | 0.26 | +0.61 |
| Martin ratioReturn relative to average drawdown | 2.05 | 0.74 | +1.31 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BBRT.L | JEGA.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.74 | 0.26 | +0.49 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.06 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.05 | 0.51 | -0.45 |
Drawdowns
BBRT.L vs. JEGA.L - Drawdown Comparison
The maximum BBRT.L drawdown since its inception was -24.57%, which is greater than JEGA.L's maximum drawdown of -8.72%. Use the drawdown chart below to compare losses from any high point for BBRT.L and JEGA.L.
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Drawdown Indicators
| BBRT.L | JEGA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.57% | -8.72% | -15.85% |
Max Drawdown (1Y)Largest decline over 1 year | -5.22% | -8.72% | +3.50% |
Max Drawdown (3Y)Largest decline over 3 years | -8.23% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -16.20% | — | — |
Current DrawdownCurrent decline from peak | -19.97% | -7.04% | -12.93% |
Average DrawdownAverage peak-to-trough decline | -16.82% | -2.69% | -14.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.21% | 3.05% | -0.84% |
Volatility
BBRT.L vs. JEGA.L - Volatility Comparison
The current volatility for JPMorgan BetaBuilders US Treasury Bond UCITS ETF USD (Acc) (BBRT.L) is 1.49%, while JPMorgan Global Equity Premium Income Active UCITS ETF USD (Acc) (JEGA.L) has a volatility of 2.71%. This indicates that BBRT.L experiences smaller price fluctuations and is considered to be less risky than JEGA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BBRT.L | JEGA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.49% | 2.71% | -1.22% |
Volatility (6M)Calculated over the trailing 6-month period | 4.49% | 6.88% | -2.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.10% | 8.86% | -2.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.83% | 9.64% | -0.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.57% | 9.64% | -0.07% |
BBRT.L vs. JEGA.L - Expense Ratio Comparison
BBRT.L has a 0.07% expense ratio, which is lower than JEGA.L's 0.35% expense ratio.
Dividends
BBRT.L vs. JEGA.L - Dividend Comparison
Neither BBRT.L nor JEGA.L has paid dividends to shareholders.
Frequently Asked Questions
BBRT.L and JEGA.L have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BBRT.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BBRT.L is cheaper with a 0.07% expense ratio, compared with 0.35% for JEGA.L.
BBRT.L is categorized as Government Bonds, while JEGA.L is Derivative Income. Their fees differ too: 0.07% for BBRT.L and 0.35% for JEGA.L.
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